Wind Turbine Casting Market Growth Analysis, Industry Trends, Business Overview and Forecast 2032

 The global Wind Turbine Casting market report offer in-depth insights regarding the various factors negatively and positively impacting market growth.

The global Wind Turbine Casting Market size was USD 1.88 Billion in 2022 and is expected to reach USD 3.46 Billion in 2032, and register a revenue CAGR of 7% during the forecast period. Since it is used to make parts for wind turbines such as hubs, blades, and towers, wind turbine casting is an essential part of the wind energy sector. The development in wind energy installations across the globe is a major factor raising the demand for wind turbine casting.

The Global Wind Energy Council (GWEC) estimates that the capacity of wind energy worldwide increased by 93 GW in 2020, bringing it to 743 GW. Throughout the projection period, an increase in wind energy installations is expected to raise demand for wind turbine casting.

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Top companies profiled in the report are:

Some of the major companies in the global wind turbine casting market include:

  • Vestas Wind Systems A/S
  • General Electric Company
  • Siemens Gamesa Renewable Energy SA
  • Suzlon Energy Limited
  • Goldwind Science & Technology Co., Ltd.
  • Enercon GmbH
  • ENERCON India Limited
  • TPI Composites, Inc.
  • Senvion S.A.
  • Nordex SE

Regional Segmentation:

•        North America (U.S.A., Canada, Mexico)

•        Europe (U.K., Italy, Germany, France, Rest of Europe)

•        Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)

•        Latin America (Chile, Brazil, Argentina, Rest of Latin America)

•        Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Key Points Explained in the Regional Outlook Section:

 

·         Regional market revenue share over the forecast period

·         Key factors contributing to the regional market growth over the forecast period

·         Vital information related to each regional market

·         Leading companies in each regional market, as well as the leading products of these companies

·         Detailed study of the supply & demand ratios and production & consumption patterns in each regional market

Wind Turbine Casting Market Segmentation:

By Type Outlook: 

  • Horizontal Axis Wind Turbine
  • Vertical Axis Wind Turbine

By Material Outlook: 

  • Steel
  • Aluminum
  • Others

By Application Outlook: 

  • Onshore
  • Offshore

 Key Regional Markets Covered in the Report:

·         North America (U.S.A., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of Europe)

·         Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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