Dublin, Jan. 27, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/5xq9g6/wind_turbine) has announced the addition of the "Wind Turbine Rotor Blade Market by Material, by Blade Size and Geography - Global Trends and Forecasts to 2019" report to their offering.

The wind turbine rotor blade market is expected to grow at a CAGR of 9.2% from 2014 to 2019. Rising electricity demand, support from government policies, and reducing costs of wind power generation are the major drivers for this market. The most commonly used turbines in the past few years have a capacity of 1.5 to 2.5 MW, for which the blade length varies between 38-50 meters.

The wind turbine rotor blade market is estimated to witness large-scale investments in wind power projects, creating healthy opportunities for market growth. According to projections made by the International Energy Agency (IEA), global wind energy generation is set to get double by 2018, accounting for nearly 25% of all electricity generated in the world, making it the fastest growing among all other renewable energy options.

The wind turbine rotor blade market was segmented on the basis of material, blade length, and region. The market segmentation on the basis of material types includes glass fiber and carbon fiber, whereas blade length includes blades <27 meters, between 27-37 meter, between 38-50 meter, and blade length >50 meters. The regional segmentation of the market includes Asia-Pacific, Europe, North America, South America and the Middle East and Africa.

In 2014, Asia-Pacific was the largest market for wind turbine rotor blade and it is estimated to grow at the fastest CAGR as well. In 2014, Asia-Pacific is expected to be the largest market for wind turbine rotor blade and is estimated to grow at the highest CAGR.

The key players of wind turbine rotor blade prefer contracts and agreements, new product developments, and mergers and acquisitions strategies to garner a larger share in the market. The leading wind turbine rotor blade manufacturers are focusing on the emerging countries that are estimated to show potential demand for wind power generation in the near future.


Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Wind Turbine Blade Market, By Material

8 Wind Turbine Blade Market, By Blade Length

9 Wind Turbine Rotor Blade Market, By Geography

10 Competitive Landscape

11 Company Profiles

12 Appendix


Companies Mentioned:

  • Acciona, S.A
  • China National Materials Company Limited (Sinoma)
  • Enercon GMBH
  • Gamesa S.A.
  • General Electric Company
  • Nordex S.E.
  • Powerblades GMBH
  • SGL Rotec GMBH & Co. KG (Carbon Rotec)
  • Siemens AG
  • Sinoi GMBH
  • Suzlon Energy Limited
  • Vestas Wind Systems A/S


For more information visit http://www.researchandmarkets.com/research/5xq9g6/wind_turbine

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