Wind Turbine Components Market Analysis and Forecast to 2032: By Component (Rotator Blade, Generator, Gear Box, Nacelle, Others), Installation Type (Onshore, Offshore), and Region

Market Overview

The global Wind Turbine Components Market was valued at US$ 55.1 billion in 2022 and it is anticipated to grow up to US$ 112.2 billion by 2032, at a CAGR of 7.2% during the forecast period.

Wind turbines are machines that transform the kinetic energy produced by the wind into energy. The wind energy is captured by the turbines and turned into electricity by the generator in the nacelle. The tower has electrical conduits that bolster the nacelle and allow maintenance and repairs. The whole support structure for the turbine is composed of concrete and steel..

Global Wind Turbine Components Market Scope and Report Structure

Report Attribute Details
Market Size in 2022$55.1 bn
Market Size in 2032$112.2 bn
Growth Rate (2023-32)7.2%
Historic Period2016-2021
Forecast Period2023-2032
Base Year2022
Segments CoveredType, Installation Type, and Region
Key CompaniesEmerson GmbH , Gamesa, General Electric , Goldwind , China High Speed Transmission Equipment Group Co. Ltd., Dongfang Electric Corp, Emergya Wind Technologies BV, Enercon GmbH, Envision Group , and Flender GmbH among others
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments

Market Drivers and Trends

One of the key factors driving the growth of the worldwide wind turbine components market is the rising concern for the environment. The combustion of fossil fuels for electricity generation emits carbon dioxide, which contributes to global warming. At the moment, the energy sector accounts for around 40% of total CO2 emissions. As a result, a number of governments promote the use of renewable energy sources for electricity generation.

Furthermore, A critical wind turbine components market trend is the continually dropping cost of wind electricity. Technological advancements have resulted in construction of more efficient turbines, making wind power more cost-effective in many places. To improve the performance and reliability of wind power facilities, the System Management of Atmospheric Resource via Technology (SMART) approach focuses on improvements in physics modeling, real-time monitoring, rotor technology, and grid communication. Government incentives for renewable energy projects include the federal wind Production Tax Credit (PTC) and the commercial energy Investment Tax Credit (ITC). Competitive bidding has also resulted in cheaper wind power tariffs. While falling wind power costs may impact vendor profit margins, the industry is likely to flourish. These drivers are likely to propel market expansion.

Market Restraints and Challenges

Material, management, and storage complications are a key business problem for wind turbine components. Renewable energy sources, such as wind and solar power, vary by geography, providing a difficulty similar to fossil fuels. Market consolidation takes place when suppliers pursue inorganic expansion techniques, resulting in a more concentrated market. Because of greater efficiency, the offshore wind industry is developing faster than the onshore sector, but costly infrastructure for storage and transmission is necessary. Rising transmission and distribution (T&D) costs, along with lowering wind power prices, may have an influence on wind power plant owners’ profit margins. These material, control, and storage difficulties are complicating the expansion of the worldwide wind turbine components market.

Global Wind Turbine Components Market Segmental Overview

The report analyses the global Wind Turbine Components Market based on component, installation type, and region.

Global Wind Turbine Components Market by Component

Based on component, the Wind Turbine Components Market is segmented into rotator blade, generator, gear box, nacelle, and others. The rotator blade segment is expected to dominate the market during the forecast period. Because of characteristics such as its rotational motion when the blades rotate, it creates aerodynamic torque from the wind. The design and material of the blades may be optimized to spin faster and collect wind at lower velocities, increasing turbine efficiency. It is the most significant component of the turbine in terms of wind power system performance and cost. The geometry of the rotor blades has a direct influence on performance since it determines the conversion of wind kinetic energy to mechanical energy.

Generators are the fastest-growing category; this is due to the fact that induction generators can operate over a wide slip range and at a higher speed of more than 35%. As a result, it provides several benefits such as high energy yield, reduced mechanical stress, control of power fluctuation, and reactive power controllability. Wind turbines use the wind to generate power rather than utilizing electricity to create wind-like fans. The wind moves a turbine’s propeller-like blades around a motor, which spins a generator and generates power.

Global Wind Turbine Components Market by Installation Type

By installation type, the market is classified into onshore, and offshore. The onshore segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. The factors connected with the expansion of these sectors are the facilities that it gives to the market, such as the fact that it is a type of turbine that is positioned on land rather than over water, that it is installed in low-populated regions, and that it has a low conservation value. Onshore wind power generation climbed by 15%, according to the International Energy Association. After a period of stagnation, capacity increases increased by 12%. The basic features of this category also assist in its expansion, since it is less expensive than offshore, installs quickly, and has a low environmental effect.

Geographical Analysis of Global Wind Turbine Components Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific has the biggest market share in terms of Wind Turbine Components Market value followed by Europe. This is due to a variety of causes, including a huge consumer base and a quick increase in demand for renewable energy, and the nations in this area contribute more to growth by exporting more. According to OEC statistics, China ($164M), Japan ($104M), and Indonesia ($54.9M) will be the top global exporters of wind turbine components. The primary significant competitors in this region are also boosting their income, such as China-based Shannon Entropy, which generated $650M and is predicted to rise by 20% in the forecasted time. Wind turbine component markets in Asia-Pacific nations such as India have enormous development potential. Wind energy may be used in huge quantities in India’s coastal regions to satisfy electricity needs.

Furthermore, countries in Europe such as Austria, Germany, Norway, Sweden, Denmark, and Portugal are making attempts to rely mostly on renewable energy sources. Wind turbines provided 145% of Denmark’s domestic electricity consumption. These are the elements that are influencing the growth of the wind turbine components market in this area..

Major Players in the Global Wind Turbine Components Market

The key players studied in the global Wind Turbine Components Market are Emerson GmbH , Gamesa, General Electric , Goldwind , China High Speed Transmission Equipment Group Co. Ltd., Dongfang Electric Corp, Emergya Wind Technologies BV, Enercon GmbH, Envision Group , and Flender GmbH among others.

COVID-19 Impact

The COVID-19 epidemic has had a negative influence on the supply side of several sectors throughout the world. To combat the spread of COVID-19, government agencies instituted lockdowns and travel prohibitions, resulting in the temporary closure of production sites. Since the worldwide supply chain has been disrupted, both manufacturers and suppliers of wind turbine components have faced obstacles such as raw material shortages and transportation concerns. However, on the demand side, wind turbine installation around the globe increased by more than 50% in 2020, boosting market growth year on year compared to 2019.

Recent Developments

  • In September 2021, Siemens Gamesa has introduced a recyclable wind turbine blade that can be recycled after its commercial usage. With this launch, the firm moves closer to its ambitious objective of making turbines completely recyclable by 2040.
  • In February 2021, Greenboats and Sicomin reported the creation of an offshore wind turbine nacelle built of natural fibers. The 7.3-meter-long structure has a surface area of about 100 sq.m and was intended to meet all DNV-GL load scenarios required for an offshore turbine nacelle.
  • In 2021, Siemens Gamesa expanded its highly successful offshore wind turbine nacelle manufacturing in Taichung, Taiwan. The event symbolized the company’s long-term commitment to developing Taiwan as its offshore wind power center for the entire rapidly rising Asia Pacific region.
  • In 2021, LM Wind Power, a GE Renewable Energy company, announced the opening of its second 107-meter wind turbine blade mold at its France plant to meet the industry’s demand for offshore wind turbine blades.

Frequently Asked Questions

Q1. How big is the Wind Turbine Components Market?

Ans. The global Wind Turbine Components Market size was US$ 55.1 billion in 2022 and is anticipated to reach US$ 112.1 billion in 2032, growing at a rate of 7.2% from 2022 to 2032.

Q2. What is the Wind Turbine Components Market growth rate?

Ans. The growth rate of the Wind Turbine Components Market is 7.2% from 2022 to 2032.

Q3. Which region holds a major market share for the Wind Turbine Components Market?

Ans. Asia-Pacific holds a major market share of the Wind Turbine Components Market in 2022.

Q4. Which segment accounted for the largest Wind Turbine Components Market share?

Ans. Based on component, the Wind Turbine Components Market is segmented into rotator blade, generator, gear box, nacelle, and others. The rotator blade segment is expected to dominate the market during the forecast period.

Q5. Who are the key players in the Wind Turbine Components Market?

Ans. The global Wind Turbine Components Market report includes players such as Emerson GmbH , Gamesa, General Electric , Goldwind , China High Speed Transmission Equipment Group Co. Ltd., Dongfang Electric Corp, Emergya Wind Technologies BV, Enercon GmbH, Envision Group , and Flender GmbH among others.

Q6. What are the factors driving the Wind Turbine Components Market growth?

Ans. The major factor driving the growth of the market is the rising concern for the environment and technical advancement.

Q7. What are the key growth strategies of Wind Turbine Components Market players?

Ans. The key growth strategies of Wind Turbine Components Market players are product launch, partnerships, and government initiatives.

Q8. Which region will provide more business opportunities for the Wind Turbine Components Market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the Wind Turbine Components Market during the forecast period.

Why GIS?

Table of Contents

Chapter 1. Wind Turbine Components Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Years & Currency Considered in the Study
1.5. Research Methodologies
1.5.1. Secondary Research
1.5.1.1. Data Collection
1.5.1.2. List of Secondary Sources
1.5.1.3. Key Data from Secondary Sources
1.5.2. Primary Research
1.5.2.1. List of Primary Research Sources
1.5.3. Market Turbine Capacity Estimation: Top-Down Approach
1.5.4. Market Turbine Capacity Estimation: Bottom-Up Approach
1.5.5. Data Triangulation and Validation

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
2.3. Analyst’s Review

Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, by Region
3.2. Market Attractiveness Analysis, by Component
3.3. Market Attractiveness Analysis, by Installation Type

Chapter 4. Wind Turbine Components Market Outlook
4.1. Wind Turbine Components Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.5.1. Raw Material Suppliers
4.5.2. Manufacturers
4.5.3. Wholesalers and/or Retailers
4.6. Impact of COVID-19 on the Wind Turbine Components Market
4.7. Impact of the Russia and Ukraine War on the Wind Turbine Components Market
4.8. Parent Market Analysis
4.9. Floating Wind Power Ecosystem Analysis
4.10. Case Study Analysis
4.11. Pricing Analysis
4.12. Regulatory Landscape
4.13. Patent Analysis
4.14. Technology Trend Analysis

Chapter 5. Wind Turbine Components Market, by Component
5.1. Market Overview
5.2. Rotator Blade
5.2.1. Key Market Trends & Opportunity Analysis
5.2.2. Market Size and Forecast, by Region
5.3. Generator
5.3.1. Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4. Gear Box
5.4.1. Key Market Trends & Opportunity Analysis
5.4.2. Market Size and Forecast, by Region
5.5. Nacelle
5.5.1. Key Market Trends & Opportunity Analysis
5.5.2. Market Size and Forecast, by Region
5.6. Others
5.6.1. Key Market Trends & Opportunity Analysis
5.6.2. Market Size and Forecast, by Region

Chapter 6. Wind Turbine Components Market, by Installation Type
6.1. Market Overview
6.2. Onshore
6.2.1. Key Market Trends & Opportunity Analysis
6.2.2. Market Size and Forecast, by Region
6.3. Offshore
6.3.1. Key Market Trends & Opportunity Analysis
6.3.2. Market Size and Forecast, by Region

Chapter 7. Wind Turbine Components Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Wind Turbine Components Market Size and Forecast, by Component
7.2.3. North America Wind Turbine Components Market Size and Forecast, by Installation Type
7.2.4. North America Wind Turbine Components Market Size and Forecast, by Country
7.2.5. The U.S.
7.2.5.1. The U.S. Wind Turbine Components Market Size and Forecast, by Component
7.2.5.2. The U.S. Wind Turbine Components Market Size and Forecast, by Installation Type
7.2.6. Canada
7.2.6.1. Canada Wind Turbine Components Market Size and Forecast, by Component
7.2.6.2. Canada Wind Turbine Components Market Size and Forecast, by Installation Type
7.2.7. Mexico
7.2.7.1. Mexico Wind Turbine Components Market Size and Forecast, by Component
7.2.7.2. Mexico Wind Turbine Components Market Size and Forecast, by Installation Type
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Wind Turbine Components Market Size and Forecast, by Component
7.3.3. Europe Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.4. Europe Wind Turbine Components Market Size and Forecast, by Country
7.3.5. The U.K.
7.3.5.1. The U.K. Wind Turbine Components Market Size and Forecast, by Component
7.3.5.2. The U.K. Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.6. Germany
7.3.6.1. Germany Wind Turbine Components Market Size and Forecast, by Component
7.3.6.2. Germany Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.7. France
7.3.7.1. France Wind Turbine Components Market Size and Forecast, by Component
7.3.7.2. France Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.8. Spain
7.3.8.1. Spain Wind Turbine Components Market Size and Forecast, by Component
7.3.8.2. Spain Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.9. Italy
7.3.9.1. Italy Wind Turbine Components Market Size and Forecast, by Component
7.3.9.2. Italy Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.10. Netherlands
7.3.10.1. Netherlands Wind Turbine Components Market Size and Forecast, by Component
7.3.10.2. Netherlands Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.11. Sweden
7.3.11.1. Sweden Wind Turbine Components Market Size and Forecast, by Component
7.3.11.2. Sweden Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.12. Switzerland
7.3.12.1. Switzerland Wind Turbine Components Market Size and Forecast, by Component
7.3.12.2. Switzerland Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.13. Denmark
7.3.13.1. Denmark Wind Turbine Components Market Size and Forecast, by Component
7.3.13.2. Denmark Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.14. Finland
7.3.14.1. Finland Wind Turbine Components Market Size and Forecast, by Component
7.3.14.2. Finland Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.15. Russia
7.3.15.1. Russia Wind Turbine Components Market Size and Forecast, by Component
7.3.15.2. Russia Wind Turbine Components Market Size and Forecast, by Installation Type
7.3.16. Rest of Europe
7.3.16.1. Rest of Europe Wind Turbine Components Market Size and Forecast, by Component
7.3.16.2. Rest of Europe Wind Turbine Components Market Size and Forecast, by Installation Type
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Country
7.4.3. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Component
7.4.4. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.5. China
7.4.5.1. China Wind Turbine Components Market Size and Forecast, by Component
7.4.5.2. China Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.6. India
7.4.6.1. India Wind Turbine Components Market Size and Forecast, by Component
7.4.6.2. India Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.7. Japan
7.4.7.1. Japan Wind Turbine Components Market Size and Forecast, by Component
7.4.7.2. Japan Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.8. South Korea
7.4.8.1. South Korea Wind Turbine Components Market Size and Forecast, by Component
7.4.8.2. South Korea Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.9. Australia
7.4.9.1. Australia Wind Turbine Components Market Size and Forecast, by Component
7.4.9.2. Australia Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.10. Singapore
7.4.10.1. Singapore Wind Turbine Components Market Size and Forecast, by Component
7.4.10.2. Singapore Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.11. Indonesia
7.4.11.1. Indonesia Wind Turbine Components Market Size and Forecast, by Component
7.4.11.2. Indonesia Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.12. Taiwan
7.4.12.1. Taiwan Wind Turbine Components Market Size and Forecast, by Component
7.4.12.2. Taiwan Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.13. Malaysia
7.4.13.1. Malaysia Wind Turbine Components Market Size and Forecast, by Component
7.4.13.2. Malaysia Wind Turbine Components Market Size and Forecast, by Installation Type
7.4.14. Rest of APAC
7.4.14.1. Rest of APAC Wind Turbine Components Market Size and Forecast, by Component
7.4.14.2. Rest of APAC Wind Turbine Components Market Size and Forecast, by Installation Type
7.5. Rest of The World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of The World Wind Turbine Components Market Size and Forecast, by Component
7.5.3. Rest of The World Wind Turbine Components Market Size and Forecast, by Installation Type
7.5.4. Rest of The World Wind Turbine Components Market Size and Forecast, by Country
7.5.5. Latin America
7.5.5.1. Latin America Wind Turbine Components Market Size and Forecast, by Component
7.5.5.2. Latin America Wind Turbine Components Market Size and Forecast, by Installation Type
7.5.6. Middle East
7.5.6.1. Middle East Wind Turbine Components Market Size and Forecast, by Component
7.5.6.2. Middle East Wind Turbine Components Market Size and Forecast, by Installation Type
7.5.7. Africa
7.5.7.1. Africa Wind Turbine Components Market Size and Forecast, by Component
7.5.7.2. Africa Wind Turbine Components Market Size and Forecast, by Installation Type

Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Competitive Leadership Mapping
8.3.1. Star Players
8.3.2. Innovators
8.3.3. Emerging Players
8.4. Vendor Benchmarking
8.5. Developmental Strategy Benchmarking
8.5.1. New Product Developments
8.5.2. Product Launches
8.5.3. Business Expansions
8.5.4. Partnerships, Joint Ventures, and Collaborations
8.5.5. Mergers and Acquisitions

Chapter 9. Company Profiles
9.1. Emerson GmbH
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. Siements Gamesa
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product Offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. General Electric
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product Offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Goldwind
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product Offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. China High Speed Transmission Equipment Group Co. Ltd.
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product Offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Dongfang Electric Corp
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product Offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. EMERGYA WIND TECHNOLOGIES BV
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product Offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Enercon GmbH
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product Offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Envision Group
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product Offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Flender GmbH
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product Offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis

*The List of Company Is Subject To Change During The Final Compilation of The Report

 

 

 

 

List of Tables
TABLE 1. Wind Turbine Components Market Size by Component (USD Billion)
TABLE 2. Wind Turbine Components Market Size by Installation Type (USD Billion)
TABLE 3. Wind Turbine Components Market Size by Region (USD Billion)
TABLE 4. Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 5. Wind Turbine Components Market Size and Forecast for Shallow Water, by Region (USD Billion)
TABLE 6. Wind Turbine Components Market Size and Forecast for Transitional Water, by Region (USD Billion)
TABLE 7. Wind Turbine Components Market Size and Forecast for Deep Water, by Region (USD Billion)
TABLE 8. Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 9. Wind Turbine Components Market Size and Forecast for Up to 3 MW, by Region (USD Billion)
TABLE 10. Wind Turbine Components Market Size and Forecast for 3 MW – 5 MW, by Region (USD Billion)
TABLE 11. Wind Turbine Components Market Size and Forecast for Above 5 MW, by Region (USD Billion)
TABLE 12. North America Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 13. North America Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 14. North America Wind Turbine Components Market Size and Forecast, by Country (USD Billion)
TABLE 15. The U.S. Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 16. The U.S. Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 17. Canada Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 18. Canada Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 19. Mexico Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 20. Mexico Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 21. Europe Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 22. Europe Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 23. Europe Wind Turbine Components Market Size and Forecast, by Country (USD Billion)
TABLE 24. Germany Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 25. Germany Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 26. France Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 27. France Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 28. The UK Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 29. The UK Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 30. Spain Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 31. Spain Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 32. Italy Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 33. Italy Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 34. Netherlands Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 35. Netherlands Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 36. Sweden Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 37. Sweden Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 38. Switzerland Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 39. Switzerland Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 40. Denmark Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 41. Denmark Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 42. Russia Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 43. Russia Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 44. Rest of Europe Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 45. Rest of Europe Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 46. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 47. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 48. Asia-Pacific Wind Turbine Components Market Size and Forecast, by Country (USD Billion)
TABLE 49. China Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 50. China Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 51. Japan Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 52. Japan Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 53. India Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 54. India Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 55. South Korea Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 56. South Korea Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 57. Australia Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 58. Australia Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 59. Netherlands Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 60. Netherlands Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 61. Singapore Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 62. Singapore Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 63. Indonesia Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 64. Indonesia Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 65. Taiwan Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 66. Taiwan Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 67. Malaysia Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 68. Malaysia Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 69. Rest of Asia-Pacific Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 70. Rest of Asia-Pacific Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 71. Rest of the World Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 72. Rest of the World Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 73. Rest of the World Wind Turbine Components Market Size and Forecast, by Country (USD Billion)
TABLE 74. Latin America Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 75. Latin America Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 76. Middle East Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 77. Middle East Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 78. Africa Wind Turbine Components Market Size and Forecast, by Component (USD Billion)
TABLE 79. Africa Wind Turbine Components Market Size and Forecast, by Installation Type (USD Billion)
TABLE 80. Vendor Benchmarking
TABLE 81. Strategy Benchmarking
TABLE 82. Emerson GmbH: Company Snapshot
TABLE 83. Emerson GmbH: Business Segments
TABLE 84. Emerson GmbH: Product offerings
TABLE 85. Emerson GmbH: Key Developmental Strategies
TABLE 86. Siements Gamesa: Company Snapshot
TABLE 87. Siements Gamesa: Business Segments
TABLE 88. Siements Gamesa: Product offerings
TABLE 89. Siements Gamesa: Key Developmental Strategies
TABLE 90. General Electric: Company Snapshot
TABLE 91. General Electric: Business Segments
TABLE 92. General Electric: Product offerings
TABLE 93. General Electric: Key Developmental Strategies
TABLE 94. Goldwind: Company Snapshot
TABLE 95. Goldwind: Business Segments
TABLE 96. Goldwind: Product offerings
TABLE 97. Goldwind: Key Developmental Strategies
TABLE 98. China High Speed Transmission Equipment Group Co. Ltd.: Company Snapshot
TABLE 99. China High Speed Transmission Equipment Group Co. Ltd.: Business Segments
TABLE 100. China High Speed Transmission Equipment Group Co. Ltd.: Product offerings
TABLE 101. China High Speed Transmission Equipment Group Co. Ltd.: Key Developmental Strategies
TABLE 102. Dongfang Electric Corp: Company Snapshot
TABLE 103. Dongfang Electric Corp: Business Segments
TABLE 104. Dongfang Electric Corp: Product offerings
TABLE 105. Dongfang Electric Corp: Key Developmental Strategies
TABLE 106. EMERGYA WIND TECHNOLOGIES BV: Company Snapshot
TABLE 107. EMERGYA WIND TECHNOLOGIES BV: Business Segments
TABLE 108. EMERGYA WIND TECHNOLOGIES BV: Product offerings
TABLE 109. EMERGYA WIND TECHNOLOGIES BV: Key Developmental Strategies
TABLE 110. Enercon GmbH: Company Snapshot
TABLE 111. Enercon GmbH: Business Segments
TABLE 112. Enercon GmbH: Product offerings
TABLE 113. Enercon GmbH: Key Developmental Strategies
TABLE 114. Envision Group: Company Snapshot
TABLE 115. Envision Group: Business Segments
TABLE 116. Envision Group: Product offerings
TABLE 117. Envision Group: Key Developmental Strategies
TABLE 118. Flender GmbH: Company Snapshot
TABLE 119. Flender GmbH: Business Segments
TABLE 120. Flender GmbH: Product offerings
TABLE 121. Flender GmbH: Key Developmental Strategies

 

 

 

 

 

 

List of Figures
FIGURE 1. Market Definition and Scope of the Report
FIGURE 2. Research Methodology – Research Design
FIGURE 3. Research Methodology – Demand Side & Supply Side
FIGURE 4. Research Methodology – Data Collection
FIGURE 5. Contribution of Primary Research Vs Secondary Research (%)
FIGURE 6. Research Methodology – List of Secondary Sources
FIGURE 7. Research Methodology – Key Data from Secondary Sources
FIGURE 8. Research Methodology – List of Primary Research Sources
FIGURE 9. Research Methodology – Market Estimation Techniques
FIGURE 10. Research Methodology – Market Turbine Capacity Estimation: Top-down Approach
FIGURE 11. Research Methodology – Market Turbine Capacity Estimation: Bottom-up Approach
FIGURE 12. Market Attractiveness Analysis, by Component
FIGURE 13. Market Attractiveness Analysis, by Installation Type
FIGURE 14. Market Attractiveness Analysis, by Region
FIGURE 15. Market Segmentation
FIGURE 16. Market Dynamics
FIGURE 17. Porter’s Five Forces Analysis
FIGURE 18. Pestle Analysis
FIGURE 19. Value Chain Analysis
FIGURE 20. Impact of Covid-19 Pandemic on Wind Turbine Components Market
FIGURE 21. Wind Turbine Components Market Share, by Region (%)
FIGURE 22. North America Wind Turbine Components Market Share, by Component (%)
FIGURE 23. North America Wind Turbine Components Market Share, by Installation Type (%)
FIGURE 24. North America Wind Turbine Components Market Share, by Country (%)
FIGURE 25. Europe Wind Turbine Components Market Share, by Component (%)
FIGURE 26. Europe Wind Turbine Components Market Share, by Installation Type (%)
FIGURE 27. Europe Wind Turbine Components Market Share, by Country (%)
FIGURE 28. Asia-Pacific Wind Turbine Components Market Share, by Component (%)
FIGURE 29. Asia-Pacific Wind Turbine Components Market Share, by Installation Type (%)
FIGURE 30. Asia-Pacific Wind Turbine Components Market Share, by Country (%)
FIGURE 31. Rest of the World Wind Turbine Components Market Share, by Component (%)
FIGURE 32. Rest of the World Wind Turbine Components Market Share, by Installation Type (%)
FIGURE 33. Rest of the World Wind Turbine Components Market Share, by Country (%)
FIGURE 34. Players Covered: Ranking by Wind Turbine Components Market Revenue
FIGURE 35. Market Share Analysis, by Top Players (%)
FIGURE 36. Competitive Leadership Mapping
FIGURE 37. Emerson GmbH: Net Sales, 2020-2022 (USD Billion)
FIGURE 38. Emerson GmbH: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 39. Emerson GmbH: Segmental Shares, 2022 (%)
FIGURE 40. Emerson GmbH: Regional Shares, 2022 (%)
FIGURE 41. Emerson GmbH: SWOT Analysis
FIGURE 42. Siements Gamesa: Net Sales, 2020-2022 (USD Billion)
FIGURE 43. Siements Gamesa: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 44. Siements Gamesa: Segmental Shares, 2022 (%)
FIGURE 45. Siements Gamesa: Regional Shares, 2022 (%)
FIGURE 46. Siements Gamesa: SWOT Analysis
FIGURE 47. General Electric: Net Sales, 2020-2022 (USD Billion)
FIGURE 48. General Electric: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 49. General Electric: Segmental Shares, 2022 (%)
FIGURE 50. General Electric: Regional Shares, 2022 (%)
FIGURE 51. General Electric: SWOT Analysis
FIGURE 52. Goldwind: Net Sales, 2020-2022 (USD Billion)
FIGURE 53. Goldwind: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 54. Goldwind: Segmental Shares, 2022 (%)
FIGURE 55. Goldwind: Regional Shares, 2022 (%)
FIGURE 56. Goldwind: SWOT Analysis
FIGURE 57. China High Speed Transmission Equipment Group Co. Ltd.: Net Sales, 2020-2022 (USD Billion)
FIGURE 58. China High Speed Transmission Equipment Group Co. Ltd.: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 59. China High Speed Transmission Equipment Group Co. Ltd.: Segmental Shares, 2022 (%)
FIGURE 60. China High Speed Transmission Equipment Group Co. Ltd.: Regional Shares, 2022 (%)
FIGURE 61. China High Speed Transmission Equipment Group Co. Ltd.: SWOT Analysis
FIGURE 62. Dongfang Electric Corp: Net Sales, 2020-2022 (USD Billion)
FIGURE 63. Dongfang Electric Corp: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 64. Dongfang Electric Corp: Segmental Shares, 2022 (%)
FIGURE 65. Dongfang Electric Corp: Regional Shares, 2022 (%)
FIGURE 66. Dongfang Electric Corp: SWOT Analysis
FIGURE 67. EMERGYA WIND TECHNOLOGIES BV: Net Sales, 2020-2022 (USD Billion)
FIGURE 68. EMERGYA WIND TECHNOLOGIES BV: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 69. EMERGYA WIND TECHNOLOGIES BV: Segmental Shares, 2022 (%)
FIGURE 70. EMERGYA WIND TECHNOLOGIES BV: Regional Shares, 2022 (%)
FIGURE 71. EMERGYA WIND TECHNOLOGIES BV: SWOT Analysis
FIGURE 72. Enercon GmbH: Net Sales, 2020-2022 (USD Billion)
FIGURE 73. Enercon GmbH: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 74. Enercon GmbH: Segmental Shares, 2022 (%)
FIGURE 75. Enercon GmbH: Regional Shares, 2022 (%)
FIGURE 76. Enercon GmbH: SWOT Analysis
FIGURE 77. Envision Group: Net Sales, 2020-2022 (USD Billion)
FIGURE 78. Envision Group: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 79. Envision Group: Segmental Shares, 2022 (%)
FIGURE 80. Envision Group: Regional Shares, 2022 (%)
FIGURE 81. Envision Group: SWOT Analysis
FIGURE 82. Flender GmbH: Net Sales, 2020-2022 (USD Billion)
FIGURE 83. Flender GmbH: R&D Expenditure, 2020-2022 (USD Billion)
FIGURE 84. Flender GmbH: Segmental Shares, 2022 (%)
FIGURE 85. Flender GmbH: Regional Shares, 2022 (%)
FIGURE 86. Flender GmbH: SWOT Analysis

Global Wind Turbine Components Market Segmentation

By Component

  • Rotator Blade
  • Generator
  • Gear Box
  • Nacelle
  • Others

By Installation Type

  • Offshore
  • Onshore

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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