Setting

North America Wind Turbine Rotor Blade Market 2020-2027 by Location of Deployment (Onshore, Offshore), Blade Material (Carbon Fiber, Glass Fiber), Blade Length, Installation Type (New Installation, Replacement), and Country: Trend Outlook and Growth Opportunity

Published: 30 May 2021 | Report Code: 10248024 | Pages: 93

North America Wind Turbine Rotor Blade Market is expected to grow by 8.3% annually in the forecast period and reach $6,250.8 million by 2027 driven by the increasing application of offshore wind turbines, decreasing levelized cost of electricity (LCOE) of wind energy, rising height and capacity of wind towers, and rising demand for renewable sources of energy. Highlighted with 23 tables and 38 figures, this 93-page report “North America Wind Turbine Rotor Blade Market 2020-2027 by Location of Deployment (Onshore, Offshore), Blade Material (Carbon Fiber, Glass Fiber), Blade Length, Installation Type (New Installation, Replacement), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America wind turbine rotor blade market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Five Forces

 

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America wind turbine rotor blade market in every aspect of the classification from perspectives of by Location of Deployment, Blade Material, Blade Length, Installation Type, and Country.

 

Based on Location of Deployment, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• Onshore Wind Energy Power

• Offshore Wind Energy Power

 

Based on Blade Material, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• Carbon Fiber

• Glass Fiber

• Other Blade Materials

 

Based on Blade Length, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• < 45>

• 45.0-49.9 Meters

• 50.0 - 54.9 Meters

• 55.0 - 59.9 Meters

• 60.0 - 69.9 Meters

• > 70.0 Meters

 

Based on Installation Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

• New Installation

• Reinstallation & Replacement

 

Geographically, the following national/local markets are fully investigated:

• U.S.

• Canada

• Mexico

 

For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Location of Deployment, Blade Material, and Installation Type over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

 

Key Players (this may not be a complete list and extra companies can be added upon request):

Aeris Energy

CARBON ROTEC GmbH and Co KG

China National Building Material Co., Ltd.

Enercon GmbH

Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.

LM Wind Power (a GE Renewable Energy business)

MFG Wind

Nordex SE

Senvion SA

Siemens Gamesa Renewable Energy SA

Sinomatech Wind Power Blade Co. Ltd

Suzlon Energy Limited

TECSIS-Tecnologia e Sistemas Avancados

TPI Composites Inc.

Vestas Wind Systems A/S

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:

1 Introduction    5
1.1 Industry Definition and Research Scope    5
1.1.1 Industry Definition    5
1.1.2 Research Scope    6
1.2 Research Methodology    9
1.2.1 Overview of Market Research Methodology    9
1.2.2 Market Assumption    10
1.2.3 Secondary Data    10
1.2.4 Primary Data    10
1.2.5 Data Filtration and Model Design    11
1.2.6 Market Size/Share Estimation    12
1.2.7 Research Limitations    13
1.3 Executive Summary    14
2 Market Overview and Dynamics    16
2.1 Market Size and Forecast    16
2.1.1 Impact of COVID-19 on World Economy    17
2.1.2 Impact of COVID-19 on the Market    19
2.2 Major Growth Drivers    21
2.3 Market Restraints and Challenges    28
2.4 Emerging Opportunities and Market Trends    31
2.5 Porter’s Fiver Forces Analysis    35
3 Segmentation of North America Market by Location of Deployment    39
3.1 Market Overview by Location of Deployment    39
3.2 Onshore Wind Energy Power    41
3.3 Offshore Wind Energy Power    43
4 Segmentation of North America Market by Blade Material    45
4.1 Market Overview by Blade Material    45
4.2 Carbon Fiber    47
4.3 Glass Fiber    48
4.4 Other Blade Materials    49
5 Segmentation of North America Market by Blade Length    50
5.1 Market Overview by Blade Length    50
5.2 < 45> 70.0 Meters    57
6 Segmentation of North America Market by Installation Type    58
6.1 Market Overview by Installation Type    58
6.2 New Installation    60
6.3 Reinstallation & Replacement    61
7 North America Market 2020-2027 by Country    62
7.1 Overview of North America Market    62
7.2 U.S.    65
7.3 Canada    68
7.4 Mexico    71
8 Competitive Landscape    73
8.1 Overview of Key Vendors    73
8.2 New Product Launch, Partnership, Investment, and M&A    76
8.3 Company Profiles    77
Aeris Energy    77
CARBON ROTEC GmbH and Co KG    79
China National Building Material Co., Ltd.    80
Enercon GmbH    81
Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.    82
LM Wind Power (a GE Renewable Energy business)    83
MFG Wind    84
Nordex SE    85
Senvion SA    86
Siemens Gamesa Renewable Energy SA    87
Sinomatech Wind Power Blade Co. Ltd    88
Suzlon Energy Limited    89
TECSIS-Tecnologia e Sistemas Avancados    90
TPI Composites Inc.    91
Vestas Wind Systems A/S    92
Related Reports and Products    93

 

List of Tables:

Table 1. Snapshot of North America Wind Turbine Rotor Blade Market in Balanced Perspective, 2020-2027    15
Table 2. Growth Rate of World GDP, 2020-2022    18
Table 3. Cumulative Installed Wind Power Capacity by Country, 2014-2020, MW    24
Table 4. Added Wind Power Capacity by Country, 2017-2020, MW    26
Table 5. Main Product Trends and Market Opportunities in North America Wind Turbine Rotor Blade Market    31
Table 6. North America Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn    39
Table 7. North America Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn    45
Table 8. North America Wind Turbine Rotor Blade Market by Blade Length, 2017-2027, $ mn    50
Table 9. North America Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn    58
Table 10. North America Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn    63
Table 11. U.S. Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn    67
Table 12. U.S. Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn    67
Table 13. U.S. Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn    67
Table 14. Canada Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn    69
Table 15. Canada Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn    69
Table 16. Canada Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn    69
Table 17. Mexico Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn    72
Table 18. Mexico Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn    72
Table 19. Mexico Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn    72
Table 20. Aeris Energy: Company Snapshot    77
Table 21. Aeris Energy: Business Segmentation    77
Table 22. Aeris Energy: Product Portfolio    78
Table 23. Aeris Energy: Revenue, 2017-2019, $ mn    78

 

List of Figures:

Figure 1. Research Method Flow Chart    9
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    12
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027    14
Figure 4. North America Wind Turbine Rotor Blade Market, 2017-2027, $ mn    16
Figure 5. Impact of COVID-19 on Business    19
Figure 6. Primary Drivers and Impact Factors of North America Wind Turbine Rotor Blade Market    21
Figure 7. Primary Restraints and Impact Factors of North America Wind Turbine Rotor Blade Market    28
Figure 8. Investment Opportunity Analysis    32
Figure 9. Porter’s Fiver Forces Analysis of North America Wind Turbine Rotor Blade Market    35
Figure 10. Breakdown of North America Wind Turbine Rotor Blade Market by Location of Deployment, 2020-2027, % of Revenue    39
Figure 11. Contribution to North America 2021-2027 Cumulative Revenue by Location of Deployment, Value ($ mn) and Share (%)    40
Figure 12. North America Wind Turbine Rotor Blade Market: Onshore Wind Energy Power, 2017-2027, $ mn    41
Figure 13. Onshore Wind Net Capacity Additions by Country or Region, 2015-2022    42
Figure 14. North America Wind Turbine Rotor Blade Market: Offshore Wind Energy Power, 2017-2027, $ mn    43
Figure 15. Offshore Wind Net Capacity Additions by Country or Region, 2016-2022    44
Figure 16. Breakdown of North America Wind Turbine Rotor Blade Market by Blade Material, 2020-2027, % of Revenue    45
Figure 17. Contribution to North America 2021-2027 Cumulative Revenue by Blade Material, Value ($ mn) and Share (%)    46
Figure 18. North America Wind Turbine Rotor Blade Market: Carbon Fiber, 2017-2027, $ mn    47
Figure 19. North America Wind Turbine Rotor Blade Market: Glass Fiber, 2017-2027, $ mn    48
Figure 20. North America Wind Turbine Rotor Blade Market: Other Blade Materials, 2017-2027, $ mn    49
Figure 21. Breakdown of North America Wind Turbine Rotor Blade Market by Blade Length, 2020-2027, % of Revenue    51
Figure 22. Contribution to North America 2021-2027 Cumulative Revenue by Blade Length, Value ($ mn) and Share (%)    51
Figure 23. North America Wind Turbine Rotor Blade Market: < 45> 70.0 Meters, 2017-2027, $ mn    57
Figure 29. Breakdown of North America Wind Turbine Rotor Blade Market by Installation Type, 2020-2027, % of Revenue    58
Figure 30. Contribution to North America 2021-2027 Cumulative Revenue by Installation Type, Value ($ mn) and Share (%)    59
Figure 31. North America Wind Turbine Rotor Blade Market: New Installation, 2017-2027, $ mn    60
Figure 32. North America Wind Turbine Rotor Blade Market: Reinstallation & Replacement, 2017-2027, $ mn    61
Figure 33. Breakdown of North America Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue    63
Figure 34. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%)    64
Figure 35. U.S. Wind Turbine Rotor Blade Market, 2017-2027, $ mn    66
Figure 36. Canada Wind Turbine Rotor Blade Market, 2017-2027, $ mn    68
Figure 37. Wind Turbine Rotor Blade Market in Mexico, 2017-2027, $ mn    71
Figure 38. Growth Stage of North America Wind Turbine Rotor Blade Industry over the Forecast Period    73
Key Players (this may not be a complete list and extra companies can be added upon request): 
Aeris Energy
CARBON ROTEC GmbH and Co KG
China National Building Material Co., Ltd.
Enercon GmbH
Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.
LM Wind Power (a GE Renewable Energy business)
MFG Wind
Nordex SE
Senvion SA
Siemens Gamesa Renewable Energy SA
Sinomatech Wind Power Blade Co. Ltd
Suzlon Energy Limited
TECSIS-Tecnologia e Sistemas Avancados
TPI Composites Inc.
Vestas Wind Systems A/S
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)