Global 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 Region: Trend Outlook and Growth Opportunity
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Global wind turbine rotor blade market will reach $39.46 billion by 2027, growing by 11.1% annually over 2020-2027 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 80 tables and 74 figures, this 151-page report “Global 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 Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global 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 Fiver Forces
The trend and outlook of global 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 global 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 Region.
Based on Location of Deployment, the global 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 global 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 global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• < 45.0 Meters
• 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 global 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 regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Sweden, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Turkey, Iran, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split 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.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Global Market by Location of Deployment 42
3.1 Market Overview by Location of Deployment 42
3.2 Onshore Wind Energy Power 44
3.3 Offshore Wind Energy Power 46
4 Segmentation of Global Market by Blade Material 48
4.1 Market Overview by Blade Material 48
4.2 Carbon Fiber 50
4.3 Glass Fiber 51
4.4 Other Blade Materials 52
5 Segmentation of Global Market by Blade Length 53
5.1 Market Overview by Blade Length 53
5.2 < 45.0 Meters 55
5.3 45.0-49.9 Meters 56
5.4 50.0 - 54.9 Meters 57
5.5 55.0 - 59.9 Meters 58
5.6 60.0 - 69.9 Meters 59
5.7 > 70.0 Meters 60
6 Segmentation of Global Market by Installation Type 61
6.1 Market Overview by Installation Type 61
6.2 New Installation 63
6.3 Reinstallation & Replacement 64
7 Segmentation of Global Market by Region 65
7.1 Geographic Market Overview 2020-2027 65
7.2 North America Market 2020-2027 by Country 69
7.2.1 Overview of North America Market 69
7.2.2 U.S. 72
7.2.3 Canada 75
7.2.4 Mexico 78
7.3 European Market 2020-2027 by Country 80
7.3.1 Overview of European Market 80
7.3.2 UK 83
7.3.3 France 85
7.3.4 Germany 87
7.3.5 Spain 89
7.3.6 Italy 91
7.3.7 Sweden 93
7.3.8 Rest of European Market 95
7.4 Asia-Pacific Market 2020-2027 by Country 96
7.4.1 Overview of Asia-Pacific Market 96
7.4.2 China 99
7.4.3 Japan 101
7.4.4 India 104
7.4.5 Australia 106
7.4.6 South Korea 108
7.4.7 Rest of APAC Region 110
7.5 South America Market 2020-2027 by Country 111
7.5.1 Argentina 114
7.5.2 Brazil 116
7.5.3 Chile 118
7.5.4 Rest of South America Market 120
7.6 MEA Market 2020-2027 by Country 121
7.6.1 Turkey 124
7.6.2 Iran 126
7.6.3 South Africa 128
7.6.4 Other National Markets 130
8 Competitive Landscape 131
8.1 Overview of Key Vendors 131
8.2 New Product Launch, Partnership, Investment, and M&A 134
8.3 Company Profiles 135
Aeris Energy 135
CARBON ROTEC GmbH and Co KG 137
China National Building Material Co., Ltd. 138
Enercon GmbH 139
Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. 140
LM Wind Power (a GE Renewable Energy business) 141
MFG Wind 142
Nordex SE 143
Senvion SA 144
Siemens Gamesa Renewable Energy SA 145
Sinomatech Wind Power Blade Co. Ltd 146
Suzlon Energy Limited 147
TECSIS-Tecnologia e Sistemas Avancados 148
TPI Composites Inc. 149
Vestas Wind Systems A/S 150
Related Reports and Products 151
Research Methodology:
Wind Turbine Rotor Blade Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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