Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on "Wind Turbine Rotor Blade Market".
This report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure.
The
global wind turbine rotor blade market research report is an
analytical compilation of the global scenario of this market. This
study marks out factors that will impact the global as well as
regional dynamics of the wind turbine rotor blade market. Our
analysts discuss in detail the market figures and help you anticipate
emerging trends and threats. The data pertaining to this industry’s
structure, capacity, and growth rates will prove valuable to
manufacturers, raw material suppliers, investors, wind farm
developers, as well as government agencies.
This
study also analyzes the forecasts and historical data of the overall
wind turbine rotor blade market, complete with recommendations from
our expert analysts. A separate section within the report is
dedicated to Company Profiles, so as to map the competitive landscape
in detail and bring you up to date with recent developments of your
competitors.
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Full Report with TOC:
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Overview
of the global wind turbine rotor blade market
The
global wind turbine market is a rapidly-growing one and has continued
its ascent with double-digit growth over the past decade. Market
figures depict this growth story-as of 2010, the installed capacity
of wind turbines notched 37,462 megawatts (MW). With this, the
worldwide installed capacity of wind power soared to 196,853 MW.
Market analysts expect that the wind turbine market will maintain
this level of growth until 2016 as new-generation turbines are
installed at many locations worldwide, and existing ones are either
refurbished or re-installed.
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These
encouraging figures bode well for the global wind turbine rotor blade
market as well, as rotor blades are a key component of wind turbines.
Thus, the market for wind turbine rotor blades is expected to
demonstrate a growth story that’s not too different from the
overall wind power industry. Numerous design and technology
modifications-all aimed at boosting the performance of these
blades-currently characterize the wind turbine rotor blade market.
Market studies show windmill blades are now longer than 70 meters.
The
market is poised for growth and innovation as market players strive
to develop innovative composite structures, productive blade designs,
extended durability, and weather-resistance even in the most
demanding operating conditions. Solutions to maximize the energy
output and minimize maintenance expenses are being sought after in
the wind turbine rotor blade market. All of these will open new
avenues for growth for the global wind turbine rotor blade market.
In
2010, the size of the worldwide wind turbine rotor blade market was
pegged at a little less than US$7 billion. The largest market, by
region, was that of Asia Pacific, which stood at an approximate size
of US$3 billion. China is expected to stay firmly in its position as
the fastest-growing regional wind turbine rotor blade market.
In
the past decade, the market rotor blades used in wind turbines has
received an impetus through favorable policies and accelerated
investments. If these continue at the same rate over the next few
years, the global wind turbine rotor blade market will see healthy
growth until 2017 (and beyond).
Wind
turbine blades with a length of 38 to 50 meters are currently the
most sought after. Nearly 55% of all blades used on wind turbines
fall under this category. In the next two to three years as well,
this category of blades will gain a larger market share (occupying an
estimated 60% of the total wind turbine rotor blades market by 2017).
Most wind farm owners are showing an inclination towards blades with
a larger sweep area, which helps generate higher amounts of energy
without the location of the wind turbine having to be changed.
Among
other peripheral opportunities that the wind turbine rotor blade
market will create are: innovation in materials such as carbon and
glass fiber and blade maintenance and testing infrastructure.
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