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

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)