Boston, MA -- (SBWIRE) -- 11/03/2015 -- A wind turbine rotor blade is the fundamental component of a wind turbine. The rotor forms the central part of a turbine and consists of multiple rotor blades attached to a hub. Rotor blades act as a motor in the turbine and extract energy by capturing wind energy and converting it into the rotation of the hub. The most common rotor consists of a horizontal axis with three blades with a diameter ranging between 37m and 128m. With conventional power generation gradually losing its sheen because of growing environmental awareness, renewable energy especially the wind and solar have gained popularity worldwide.

Technavio's analysts forecast the global wind turbine rotor blade market to grow at a CAGR of 17% by revenue over the period 2015-2019.

Covered in this report
The report covers the current scenario and the growth prospects of the global wind turbine rotor blade market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of wind turbine rotor blade.

Get More Details on this Report and a Full Table of Contents at Global Wind Turbine Rotor Blade Market 2015-2018

Technavio's report, Global Wind Turbine Rotor Blade Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global wind turbine rotor blade market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

-Americas
-APAC
-EMEA

Key Vendors

-Enercon
-Gamesa
-Goldwind
-LM Wind Power
-MFG
-Nordex
-TPI
-Vestas

Other Prominent Vendors

-Acciona
-Aeroblade
-Dewind
-Flexsys
-Guodian United Power Technology
-Inox wind
-KM
-Powerblades
-Siemens Wind Power
-Sinoi
-Sinomatech Wind Power Blade
-Suzlon Energy
-Wuxi Turbine Blade
-Zhonghang Hui Teng Windpower Equipment

Market Drivers

-Growing environmental concern
-For a full, detailed list, view our report

Market Challenges

-High cost of offshore wind installations
-For a full, detailed list, view our report

Market Trends

-Impact of government incentives on wind turbine installations
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2019 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space and what is their portfolio matrix?
-What are the market opportunities and threats faced by the key vendors?
-What is the competitive landscape as characterized by geography?
-What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Enercon, Gamesa, Goldwind, LM wind power, MFG, Nordex, TPI, Vestas, ACCIONA, Aeroblade, Dewind, FlexSys, Guodian United Power Technology, Inox Wind, KM, PowerBlades, Siemens Wind Power, SINOI, Sinomatech Wind Power Blade, Suzlon Energy, Wuxi Turbine Blade, Zhonghang Hui Teng Windpower Equipment.

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