Albany, NY -- (SBWIRE) -- 11/02/2015 -- 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.

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

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.

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Key regions:
Americas
APAC
EMEA

Key vendors:
Enercon
Gamesa
Goldwind
LM Wind Power
MFG
Nordex
TPI
Vestas

Market driver:
Growing environmental concern
For a full, detailed list, view our report

Market challenge:
High cost of offshore wind installations
For a full, detailed list, view our report

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

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Key questions answered in the 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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