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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.<br><br>
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Wind Turbine Casting Market Set to Exceed Worth $2.9 Billion by 2026 | CAGR 6.1%
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Wind Turbine Casting Market Share, Size, Trends, Industry Analysis Report By Type (Horizontal Axis, Vertical Axis); By Application (Onshore, Offshore); By Regions, Segment 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 report “Wind Turbine Casting Market Analysis By Type (Horizontal Axis, Vertical Axis); By Application (Onshore, Offshore); By Regions, Segments and Forecasts, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth. 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: 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. - 2 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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. 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 1.1.1. Overview and Scope 1.2. Research goal & scope 1.3. Research assumptions 1.4. Research Methodology 1.4.1. Primary data sources - 3 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 1.4.2. Secondary data sources 1.5. Key take-aways 1.6. 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 3.3.1. 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 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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 6.3.4.1. 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 - 5 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 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 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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 6.5.5.2. 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 - 7 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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 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 - 8 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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 - 9 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 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 8. *List not exhaustive 8.1. TRUNCATED LIST OF TABLES 9. Table 1 Global wind turbine casting market (USD Million) 2016 - 2027 Table 2 Global wind turbine casting market by region 2016 - 2027 (USD Million) Table 3 Global wind turbine casting market by product type, 2016 - 2027 (USD Million) Table 4 Global wind turbine casting market by application type, 2016 - 2027 (USD Million) Table 5 Horizontal axis wind turbine casting market, 2016 - 2027 (USD Million) Table 6 Horizontal axis wind turbine casting market, by region, 2016 - 2027 (USD Million) Table 7 Vertical axis wind turbine casting market, 2016 - 2027 (USD Million) Table 8 Vertical axis wind turbine casting market, by region, 2016 - 2027 (USD Million) Table 9 Global wind turbine casting market estimates and forecasts for onshore, 2016 - 2027 (USD Million) Table 10 Global wind turbine casting market estimates and forecasts for onshore, by region, 2016 - 2027 (USD Million) Table 11 Global wind turbine casting market estimates and forecasts for offshore, 2016 - 2027 (USD Million) Table 12 Global wind turbine casting market estimates and forecasts for offshore, by region, 2016 - 2027 (USD Million) Table 13 North America wind turbine casting market by product type (USD Million), 2016 - 2027 Table 14 North America wind turbine casting market by application type (USD Million), 2016 - 2027 Table 15 U.S. wind turbine casting market by product type (USD Million), 2016 - 2027 Table 16 U.S. wind turbine casting market by application type (USD Million), 2016 - 2027 Table 17 Canada wind turbine casting market by product type (USD Million), 2016 - 2027 Table 18 Canada wind turbine casting market by application type (USD Million), 2016 - 2027 - 10 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Table 19 Europe wind turbine casting market by product type (USD Million), 2016 - 2027 Table 20 Europe wind turbine casting market by application type (USD Million), 2016 - 2027 Table 21 UK wind turbine casting market by product type (USD Million), 2016 - 2027 Table 22 UK wind turbine casting market by application type (USD Million), 2016 - 2027 Table 23 Germany wind turbine casting market by product type (USD Million), 2016 - 2027 Table 24 Germany wind turbine casting market by application type (USD Million), 2016 - 2027 Table 25 France wind turbine casting market by product type (USD Million), 2016 - 2027 Table 26 France wind turbine casting market by application type (USD Million), 2016 - 2027 Table 27 Italy wind turbine casting market by product type (USD Million), 2016 - 2027 Table 28 Italy wind turbine casting market by application type (USD Million), 2016 - 2027 Table 29 Spain wind turbine casting market by product type (USD Million), 2016 - 2027 Table 30 Spain wind turbine casting market by application type (USD Million), 2016 - 2027 Table 31 Asia Pacific wind turbine casting market by product type (USD Million), 2016 - 2027 Table 32 Asia Pacific wind turbine casting market by application type (USD Million), 2016 - 2027 Table 33 China wind turbine casting market by product type (USD Million), 2016 - 2027 Table 34 China wind turbine casting market by application type (USD Million), 2016 - 2027 Table 35 India wind turbine casting market by product type (USD Million), 2016 - 2027 Table 36 India wind turbine casting market by application type (USD Million), 2016 - 2027 Table 37 Japan wind turbine casting market by product type (USD Million), 2016 - 2027 Table 38 Japan wind turbine casting market by application type (USD Million), 2016 - 2027 Table 39 South Korea wind turbine casting market by product type (USD Million), 2016 - 2027 Table 40 South Korea wind turbine casting market by application type (USD Million), 2016 - 2027 Table 41 Latin America wind turbine casting market by product type (USD Million), 2016 - 2027 Table 42 Latin America wind turbine casting market by application type (USD Million), 2016 - 2027 Table 43 Brazil wind turbine casting market by product type (USD Million), 2016 - 2027 Table 44 Brazil wind turbine casting market by application type (USD Million), 2016 - 2027 Table 45 Mexico wind turbine casting market by product type (USD Million), 2016 - 2027 Table 46 Mexico wind turbine casting market by application type (USD Million), 2016 - 2027 - 11 -
Wind Turbine Casting Market Size Worth $2.9 Billion By 2027 Table 47 Colombia wind turbine casting market by product type (USD Million), 2016 - 2027 Table 48 Colombia wind turbine casting market by application type (USD Million), 2016 - 2027 Table 49 MEA wind turbine casting market by product type (USD Million), 2016 - 2027 Table 50 MEA wind turbine casting market by application type (USD Million), 2016 - 2027 Table 51 Saudi Arabia wind turbine casting market by product type (USD Million), 2016 - 2027 Table 52 Saudi Arabia wind turbine casting market by application type (USD Million), 2016 - 2027 Table 53 South Africa wind turbine casting market by product type (USD Million), 2016 - 2027 Table 54 South Africa wind turbine casting market by application type (USD Million), 2016 - 2027 Table 55 Israel wind turbine casting market by product type (USD Million), 2016 - 2027 Table 56 Israel wind turbine casting market by application type (USD Million), 2016 - 2027 Table 57 UAE wind turbine casting market by product type (USD Million), 2016 - 2027 Table 58 UAE wind turbine casting market by application type (USD Million), 2016 - 2027 9.1. LIST OF FIGURES 10. FIG. 1 Market snapshot FIG. 2 Market segmentation & scope FIG. 3 Global Wind turbine casting market size and growth prospects, 2016 - 2027 FIG. 4 Value chain analysis FIG. 5 Wind turbine casting market dynamics FIG. 6 Key market opportunities - prioritized FIG. 7 Industry analysis –Porter’s FIG. 8 PESTEL analysis FIG. 9 Global Wind turbine casting market share by product type, 2019 & 2027 FIG. 10 Global Wind turbine casting market share by application type, 2019 & 2027 FIG. 11 Global Wind turbine casting market share by region, 2019 & 2027 FIG. 12 Competitive environment FIG. 13 Strategy framework Recent DevelopmentsAccess Press Release on Wind Turbine Casting Market: https://www.polarismarketresearch.com/press-releases/wind-turbine-casting-market - 12 -
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: https://cmfe-market-research-report.blogspot.com/ - 13 -