Los Angeles, CA -- (SBWire) -- 10/04/2018 --This study focuses on the production side and consumption side of Wind Power Casting, presents the global Wind Power Casting market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Wind Power Casting capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Wind Power Casting by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Wind Turbine Casting is the casting accessories used in the wind energy systems and equipment. Wind turbine castings including fan hub, fan base and gearbox casing and so on.
The growing wind energy industry driven by the rise in use of renewable energy sources is likely to drive growth in the wind turbine casting market. Wind energy plays a critical role in the establishment of an environmentally sustainable low carbon economy. Wind turbine is used to convert kinetic energy of wind into electrical power. Growing consumer awareness and incentive schemes are expected to augment the global demand for wind energy.
Furthermore, increased installation of wind turbine and technological advancements are likely to further boost the demand for wind turbine across the globe. Additionally, product development and lower maintenance cost of the wind turbine have fuelled an additional demand for the wind turbines. Driven by the recent advances and development, the wind industry has allowed the wind turbine casting market to grow at a significant rate. Increasing installations of wind turbines in the offshore wind application are anticipated to accelerate growth in the global wind turbine casting market.
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This report includes the following manufacturers; we can also add the other companies as you want.
CASCO
Elyria&Hodge
CAST-FAB
VESTAS
SHW
SIMPLEX
SAKANA
K&M
API
GLORIA
JIANGSU SINOJIT
Zhejiang Jiali
YEONGGUAN
DALIAN HUARUI
RIYUE HEAVY INDUSTRY
Qinchuan Machine
Shandong Longma
KOCEL
Henan Hongyu
SXD
Market Segment by Product Type
Wind Power Hub
Pedestal
Gearbox Castings
Others
Market Segment by Application
<1.0 MW
1.0-1.5MW
1.5-2.0MW
2.0-2.5MW
2.5-3.0MW
>=3.0MW
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Wind Power Casting Market: Technological Advancements Expected to Boost Revenue Growth During 2018 - 2025
The Wind Power Casting market was valued at 1810 Million US$ in 2017 and is projected to reach 1990 Million US$ by 2025, at a CAGR of 1.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wind Power Casting.