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Wind Turbine Casting Market Size Worth $2.9 Billion By 2027

The global wind turbine casting market size is expected to reach USD 2.9 billion by 2027 according to a new study by Polaris Market Research. The report u201cWind Turbine Casting Market Analysis By Type (Horizontal Axis, Vertical Axis); By Application (Onshore, Offshore); By Regions, Segments and Forecasts, 2020 u2013 2027u201d gives a detailed insight into current market dynamics and provides analysis on future market growth.

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Wind Turbine Casting Market Size Worth $2.9 Billion By 2027

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  1. Wind Turbine Casting Market Market Set to Exceed $2.9 Billion By 2027 | CAGR 6.1%

  2. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 ““Wind Turbine Casting Market Analysis By Type (Horizontal Axis, Vertical Axis); By Application (Onshore, Offshore); By Regions, Segments and Forecasts, 2020 – 2027”” The global wind turbine casting market size is expected to reach USD 2.9 billion by 2027 according to a new study by Polaris Market Research. The wind energy is the alternative energy of the conventional energy sources, as it primarily uses kinetic energy from wind and transforms it into electricity. The growth in awareness about the alternative energy sources among the leading end users to meet the industry standards and government standards. Moreover, in general wind turbine are formed and manufactured to maintain its lifespan of 20 years. Considering the wind turbine, it has different components, including a tower, gearbox, mainframe, rotor blades, rotor bearings, generators, power converter, rotor hub, primary shaft, nacelle housing, and wires. Rotor hubs, axle pins, transformer, and main carriers are the primary components that go through casting. In a wind turbine, rotor hubs are cast parts and undergo heavy stress. Casting aids are ideally suited for the development of composite parts in elevated creep resistance. Browse Detailed Research Report On Wind Turbine Casting Market Analysis: https://www.polarismarketresearch.com/industry-analysis/wind-turbine-casting-market The growth of the market is primarily influenced with the increase in favorable public measures to support the use of renewable energy sources and the need to reduce carbon footprints and emissions. Moreover, the rapid urbanization combined with increasing construction industry has risen electricity demand, which in turn increase the demand for wind turbine. Such factors are raising the demand for the wind turbine casting in the global market during the forecast period. Considering the current market scenario, the growing wind energy facilities are anticipated to generate the favorable needs in the market. The key countries such as the US, Germany, Japan, China, India, Brazil, the UK, and South Africa are increasing amount of offshore applications facilities, which further expected to enhance the market growth over the forecast time. It is expected that the increase in demand for longer lifespan and reduced maintenance costs of wind turbine castings are expected to increase opportunities in the global market for the manufacturers in the coming years. Based on product type, the horizontal axis segment is expected to account for the major share in the global market over the forecast period. Moreover, the high effectiveness and energy output are further anticipated to be the opportunity in the market for the manufacturers to invest in the research and development activities of the wind turbine castings in the forthcoming years. In addition to this, the onshore segment is also expected to hold significant share in the global wind turbine castings industry over the forecast period. - 2 -

  3. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Some of the key players in the market are Vestas, Suzlon, Goldwind, Sinovel, DHI DCW Group Co., SAKANA Group, Premier Heavy Engineering, SHW Casting Technologies GmbH & Co. KG, Global Castings, Riyue Heavy Industry Corporation Ltd., SEFORGE Elyria Foundry Company, LLC and Enercon Ltd. The key players in wind turbine castings industry have adopted the strategy of product innovation in order to gain competitive share in the global market. Request for sample: https://www.polarismarketresearch.com/industry-analysis/wind-turbine- casting-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Wind Turbine Casting Market Insights 3.1. Wind Turbine Casting – Industry snapshot 3.2. Wind turbine casting market dynamics 3.2.1. Wind Turbine Casting – Market Forces 3.2.1.1. Wind Turbine Casting Market driver analysis 3.2.1.2. Wind Turbine Casting Market restraint/challenges analysis 3.2.1.3. Wind Turbine Casting Market opportunity analysis 3.3. Industry analysis - Porter's five force - 3 -

  4. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 3.3.1. Bargaining power of supplier 3.3.2. Bargaining power of buyer 3.3.3. Threat of substitute 3.3.4. Threat of new entrant 3.3.5. Degree of competition 3.4. Wind turbine casting market PEST analysis 3.5. Value Chain Analysis 3.6. Competitive Ranking Analysis, 2019 4. Wind Turbine Casting Market Size and Forecast by Product Type 4.1. Key Findings 4.2. Introduction 4.2.1. Global Wind turbine casting market share by product type, 2019 & 2027 4.3. Horizontal Axis 4.3.1. Global horizontal axis Wind turbine casting market estimates and forecasts, 2016 - 2027 (USD Million) 4.3.2. Global horizontal axis Wind turbine casting market estimates and forecasts, by region, 2016 - 2027 (USD Million) 4.4. Vertical axis 4.4.1. Global vertical axis Wind turbine casting market estimates and forecasts, 2016 - 2027 (USD Million) 4.4.2. Global vertical axis Wind turbine casting market estimates and forecasts, by region, 2016 - 2027 (USD Million) 5. Wind Turbine Casting Market Size and Forecast by Application 5.1. Key Findings 5.2. Introduction 5.2.1. Global Wind turbine casting market share by application, 2019 & 2027 5.3. Onshore 5.3.1. Global Wind turbine casting market estimates and forecasts for onshore, 2016 - 2027 (USD Million) 5.3.2. Global Wind turbine casting market estimates and forecasts for onshore, by region, 2016 - 2027 (USD Million) 5.4. Offshore 5.4.1. Global Wind turbine casting market estimates and forecasts for offshore, 2016 - 2027 (USD Million) 5.4.2. Global Wind turbine casting market estimates and forecasts for offshore, by region, 2016 - 2027 (USD Million) 6. Wind turbine casting Market Size and Forecast by Region 6.1. Key Findings 6.2. Introduction 6.2.1. Global wind turbine casting market share by region, 2019 & 2027 6.3. North America 6.3.1. North America wind turbine casting market by product type (USD Million), 2016 - 2027 6.3.2. North America wind turbine casting market by application type (USD Million), 2016 - 2027 6.3.3. U.S. 6.3.3.1. U.S. wind turbine casting market by product type (USD Million), 2016 - 2027 6.3.3.2. U.S. wind turbine casting market by application type (USD Million), 2016 - 2027 6.3.4. Canada - 4 -

  5. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Canada wind turbine casting market by product type (USD Million), 2016 - 2027 6.3.4.2. Canada wind turbine casting market by application type (USD Million), 2016 - 2027 6.4. Europe 6.4.1. Europe wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.2. Europe wind turbine casting market by application type (USD Million), 2016 - 2027 6.4.3. Germany 6.4.3.1. Germany wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.3.2. Germany wind turbine casting market by application type (USD Million), 2016 - 2027 6.4.4. UK 6.4.4.1. UK wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.4.2. UK wind turbine casting market by application type (USD Million), 2016 - 2027 6.4.5. France 6.4.5.1. France wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.5.2. France wind turbine casting market by application type (USD Million), 2016 - 2027 6.4.6. Italy 6.4.6.1. Italy wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.6.2. Italy wind turbine casting market by application type (USD Million), 2016 - 2027 6.4.7. Spain 6.4.7.1. Spain wind turbine casting market by product type (USD Million), 2016 - 2027 6.4.7.2. Spain wind turbine casting market by application type (USD Million), 2016 - 2027 6.5. Asia Pacific 6.5.1. Asia Pacific wind turbine casting market by product type (USD Million), 2016 - 2027 6.5.2. Asia Pacific wind turbine casting market by application type (USD Million), 2016 - 2027 6.5.3. China 6.5.3.1. China wind turbine casting market by product type (USD Million), 2016 - 2027 6.5.3.2. China wind turbine casting market by application type (USD Million), 2016 - 2027 6.5.4. South Korea 6.5.4.1. South Korea wind turbine casting market by product type (USD Million), 2016 - 2027 6.5.4.2. South Korea wind turbine casting market by application type (USD Million), 2016 - 2027 6.5.5. Japan 6.5.5.1. Japan wind turbine casting market by product type (USD Million), 2016 - 2027 6.3.4.1. - 5 -

  6. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Japan wind turbine casting market by application type (USD Million), 2016 - 2027 6.5.6. India 6.5.6.1. India wind turbine casting market by product type (USD Million), 2016 - 2027 6.5.6.2. India wind turbine casting market by application type (USD Million), 2016 - 2027 6.6. Latin America 6.6.1. Latin America wind turbine casting market by product type (USD Million), 2016 - 2027 6.6.2. Latin America wind turbine casting market by application type (USD Million), 2016 - 2027 6.6.3. Brazil 6.6.3.1. Brazil wind turbine casting market by product type (USD Million), 2016 - 2027 6.6.3.2. Brazil wind turbine casting market by application type (USD Million), 2016 - 2027 6.6.4. Mexico 6.6.4.1. Mexico wind turbine casting market by product type (USD Million), 2016 - 2027 6.6.4.2. Mexico wind turbine casting market by application type (USD Million), 2016 - 2027 6.6.5. Colombia 6.6.5.1. Colombia wind turbine casting market by product type (USD Million), 2016 - 2027 6.6.5.2. Colombia wind turbine casting market by application type (USD Million), 2016 - 2027 6.7. Middle East & Africa 6.7.1. MEA wind turbine casting market by product type (USD Million), 2016 - 2027 6.7.2. MEA wind turbine casting market by application type (USD Million), 2016 - 2027 6.7.3. Saudi Arabia 6.7.3.1. Saudi Arabia wind turbine casting market by product type (USD Million), 2016 - 2027 6.7.3.2. Saudi Arabia wind turbine casting market by application type (USD Million), 2016 - 2027 6.7.4. South Africa 6.7.4.1. South Africa wind turbine casting market by product type (USD Million), 2016 - 2027 6.7.4.2. South Africa wind turbine casting market by application type (USD Million), 2016 - 2027 6.7.5. Israel 6.7.5.1. Israel wind turbine casting market by product type (USD Million), 2016 - 2027 6.7.5.2. Israel wind turbine casting market by application type (USD Million), 2016 - 2027 6.7.6. UAE 6.7.6.1. UAE wind turbine casting market by product type (USD Million), 2016 - 2027 6.7.6.2. UAE wind turbine casting market by application type (USD Million), 2016 - 2027 7. Company Profiles 7.1. SEFORGE 6.5.5.2. - 6 -

  7. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Sinovel 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. Vestas 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. DHI DCW Group Co., Ltd. 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Goldwind 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. Suzlon 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. SHW Casting Technologies GmbH & Co. KG 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. Enercon 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Premier Heavy Engineering 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Global Castings 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Wind Turbine Casting market: https://www.polarismarketresearch.com/press-releases/wind-turbine-casting-market - 7 -

  8. Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 8 -

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