Growth Opportunities in Global Wind Blades Market 2012?2017: Trends, Forecast, and Opportunity Analysis, March 2012
Background:
The global wind blade market experienced double-digit growth in 2011 and is anticipated to build on that momentum over the next five years, reaching approximately US $16 billion in 2017 with a CAGR of 10% through 2017.
Lucintel, a leading global management consulting and market research firm, has analyzed the global wind blade market and presents its findings in “Growth Opportunities in Global Wind Blades Market 2012?2017: Trends, Forecast, and Opportunity Analysis.”
Lucintel’s research outlines that the business of generating electricity from the wind is rapidly growing and is set to expand as China, the US, and the Rest of the World (ROW) seek cleaner, more sustainable ways to generate electricity. The market for wind generating equipment is rapidly expanding with strong demand potential from 2012 through 2017.
Europe, North America, Asia, and ROW are forecast to register positive growth. Each region has different growth drivers that will drive the wind blade market. In terms of value, Europe is expected to lead the world followed by Asia in 2017. In terms of volume, Asia is expected to lead. As per the study, increases in turbine size and longer blades are driving the penetration of high- performance materials. To meet the challenges of increasing blade lengths, manufacturers are exploring the expanded use of both high performing core materials and the use of carbon fiber as a reinforcement material. As larger turbines are built and installed in more difficult environments, there is an overriding requirement to reduce blade weight, putting greater emphasis on the need for stronger and lighter materials, improved blade design, and more efficient processing.
This unique report from Lucintel will provide you with valuable information, insights and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s volatile economy, you need every advantage that you can find to keep ahead in your business.
Features of This Report
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors and many more, who are dealing with the wind blade market.
Some of the features of “Growth Opportunities in Global Wind Blades Market 2012?2017: Trends, Forecast, and Opportunity Analysis” are:
Lucintel’s core competency is in market research and management consulting. Over the last 12 years, Lucintel has worked on hundreds of market research studies. Lucintel’s market reports offer the following benefits:
This study is intended for material suppliers, parts fabricators, OEMs, investors, executives and consultants. This multi-client market study from Lucintel is used by small to multi national Fortune 500 companies and utilized for a variety of reasons as follows.
Lucintel has closely tracked and conducted research on composites and other markets since 1998. This research project was designed for the purposes of determining the opportunity in global wind blades market and the likely demand in wind blade market in near future. Comprehensive market analysis, trend, and forecast data is estimated to help make any investment, business or strategic decisions.
This study is a culmination of eight months of full time effort performed by Lucintel’s analyst team. Our analysts used the following sources for the creation and completion of this valuable report:
The global wind blade market experienced double-digit growth in 2011 and is anticipated to build on that momentum over the next five years, reaching approximately US $16 billion in 2017 with a CAGR of 10% through 2017.
Lucintel, a leading global management consulting and market research firm, has analyzed the global wind blade market and presents its findings in “Growth Opportunities in Global Wind Blades Market 2012?2017: Trends, Forecast, and Opportunity Analysis.”
Lucintel’s research outlines that the business of generating electricity from the wind is rapidly growing and is set to expand as China, the US, and the Rest of the World (ROW) seek cleaner, more sustainable ways to generate electricity. The market for wind generating equipment is rapidly expanding with strong demand potential from 2012 through 2017.
Europe, North America, Asia, and ROW are forecast to register positive growth. Each region has different growth drivers that will drive the wind blade market. In terms of value, Europe is expected to lead the world followed by Asia in 2017. In terms of volume, Asia is expected to lead. As per the study, increases in turbine size and longer blades are driving the penetration of high- performance materials. To meet the challenges of increasing blade lengths, manufacturers are exploring the expanded use of both high performing core materials and the use of carbon fiber as a reinforcement material. As larger turbines are built and installed in more difficult environments, there is an overriding requirement to reduce blade weight, putting greater emphasis on the need for stronger and lighter materials, improved blade design, and more efficient processing.
This unique report from Lucintel will provide you with valuable information, insights and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s volatile economy, you need every advantage that you can find to keep ahead in your business.
Features of This Report
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors and many more, who are dealing with the wind blade market.
Some of the features of “Growth Opportunities in Global Wind Blades Market 2012?2017: Trends, Forecast, and Opportunity Analysis” are:
- Global wind blade market size, trend, and forecast in terms of value and volume
- Wind blade market distribution by turbine categories and by manufacturing technique
- Advantage of composites in blade manufacturing for wind energy market
- Composite use in blade manufacturing for global wind blade market
- Porter’s Five Forces model for global wind blade market
- Wind blade opportunity in different regions of North America, Europe, Asia, and ROW
- Growth opportunities in global wind blade market
Lucintel’s core competency is in market research and management consulting. Over the last 12 years, Lucintel has worked on hundreds of market research studies. Lucintel’s market reports offer the following benefits:
- It saves your money, as compared to doing research in-house. ($50,000+)
- It saves your time. Lucintel delivers the report in hours vs. months of in-house data collection and report writing.
- It is an unbiased source of industry facts, intelligence and insights.
- It helps you make confident business decisions quickly.
This study is intended for material suppliers, parts fabricators, OEMs, investors, executives and consultants. This multi-client market study from Lucintel is used by small to multi national Fortune 500 companies and utilized for a variety of reasons as follows.
- Business development
- Strategic planning
- Business presentation
- Determination of market size and trend
- Competitive analysis
- Personnel training
- Budgeting
- Investment decision
Lucintel has closely tracked and conducted research on composites and other markets since 1998. This research project was designed for the purposes of determining the opportunity in global wind blades market and the likely demand in wind blade market in near future. Comprehensive market analysis, trend, and forecast data is estimated to help make any investment, business or strategic decisions.
This study is a culmination of eight months of full time effort performed by Lucintel’s analyst team. Our analysts used the following sources for the creation and completion of this valuable report:
- In-depth secondary research and telephon interviews with more 15 major OEMs and Tier 1 suppliers
- In-depth research on more than 20 companies involved in the wind market
- Thorough secondary research from financial statements and annual reports of the competitors
- Extensive search of current published literature, market and database information, including industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, save analyzed and tracked composites and wind market over the years
1. EXECUTIVE SUMMARY
2. THE WIND BLADE MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Background of global wind blade market
2.2: The blade manufacturing process
2.2.1: Hand lay-up/wet lay-up process
2.2.2: VARTM process
2.2.3: SCRIMP process
2.2.4: Prepreg lay-up process
2.2.5: SPRINT technology
2.2.6: Integral blade technology
2.3: Global wind blades categories based on wind turbine sizes
2.4: Global wind blades evolution
2.4.1: Blade size evolution
2.4.2: Blade manufacturing process evolution
2.5: Design aspect of rotor blades
2.5.1: Blade length and blade weight
2.5.2: Design of airfoils for wind turbine
2.5.3: Design aspect of rotor blade root end
3. GLOBAL WIND BLADE MARKET ANALYSIS 2011
3.1: Process adoption by the main blade manufacturers
3.1.1: Vestas
3.1.2: Gamesa
3.1.3: LM
3.2: Wind blade manufacturers market share
3.3: Regional wind blade market by volume and value: 2011
3.4: Global wind blades market by turbine categories
3.5: Global wind blades market by blades manufacturing process
3.6: Increased blade length dynamics
3.6.1: Challenges in scaling up blade length
3.7: Blade manufacturers, blade manufacturing locations and blade customers
4. GLOBAL WIND BLADE MARKET TREND 2006–2011
4.1: Overview of the blade manufacturing industry
4.2: Increased blade length dynamics
4.2.1: Bigger blades, better boost
4.3: Regional wind blades
4.3.1: Regional wind blade market trend by volume: 2006-2011
4.3.2: Regional wind blade market trend by value: 2005-2010
4.3.3: Trend of wind blade manufacturing processes 2006-2011
4.3.4: Trend of global wind blades segmentation by different turbine categories 2006-2011
5. GLOBAL WIND BLADE MARKET FORECAST 2012-2017
5.1: Global wind blade forecast
5.1.1: Global wind blade forecast by value
5.1.2: Global wind blade forecast by volume
5.2: Future blade manufacturing process needs
5.3: Regional wind blades market by value & volume
6. NEW OPPORTUNITIES AND EMERGING TRENDS IN GLOBAL WIND BLADES MARKET
6.1: Opportunities in global wind blade market
6.1.1: Global wind blade opportunity
6.2: Key emerging trends
2. THE WIND BLADE MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Background of global wind blade market
2.2: The blade manufacturing process
2.2.1: Hand lay-up/wet lay-up process
2.2.2: VARTM process
2.2.3: SCRIMP process
2.2.4: Prepreg lay-up process
2.2.5: SPRINT technology
2.2.6: Integral blade technology
2.3: Global wind blades categories based on wind turbine sizes
2.4: Global wind blades evolution
2.4.1: Blade size evolution
2.4.2: Blade manufacturing process evolution
2.5: Design aspect of rotor blades
2.5.1: Blade length and blade weight
2.5.2: Design of airfoils for wind turbine
2.5.3: Design aspect of rotor blade root end
3. GLOBAL WIND BLADE MARKET ANALYSIS 2011
3.1: Process adoption by the main blade manufacturers
3.1.1: Vestas
3.1.2: Gamesa
3.1.3: LM
3.2: Wind blade manufacturers market share
3.3: Regional wind blade market by volume and value: 2011
3.4: Global wind blades market by turbine categories
3.5: Global wind blades market by blades manufacturing process
3.6: Increased blade length dynamics
3.6.1: Challenges in scaling up blade length
3.7: Blade manufacturers, blade manufacturing locations and blade customers
4. GLOBAL WIND BLADE MARKET TREND 2006–2011
4.1: Overview of the blade manufacturing industry
4.2: Increased blade length dynamics
4.2.1: Bigger blades, better boost
4.3: Regional wind blades
4.3.1: Regional wind blade market trend by volume: 2006-2011
4.3.2: Regional wind blade market trend by value: 2005-2010
4.3.3: Trend of wind blade manufacturing processes 2006-2011
4.3.4: Trend of global wind blades segmentation by different turbine categories 2006-2011
5. GLOBAL WIND BLADE MARKET FORECAST 2012-2017
5.1: Global wind blade forecast
5.1.1: Global wind blade forecast by value
5.1.2: Global wind blade forecast by volume
5.2: Future blade manufacturing process needs
5.3: Regional wind blades market by value & volume
6. NEW OPPORTUNITIES AND EMERGING TRENDS IN GLOBAL WIND BLADES MARKET
6.1: Opportunities in global wind blade market
6.1.1: Global wind blade opportunity
6.2: Key emerging trends
LIST OF FIGURES
CHAPTER 1.
Figure 1.1: Porter’s Five Forces model for the wind blades manufacturer market
CHAPTER 2.
Figure 2.1: Process flow in making of rotor blades
Figure 2.2: Material flow chart for the wet hand lay-up process
Figure 2.3: Material flow chart for the VARTM process
Figure 2.4: Material flow chart for the Prepreg lay-up process
Figure 2.5: Wind blade manufacturing plant
Figure 2.6: Wind blade size evolution
Figure 2.7: Wind blade manufacturing process evolution
Figure 2.8: Standard blade lengths for various turbine capacities
Figure 2.9: Effect of blade length on the weight of a blade
Figure 2.10: Blade design with rectangular spar
Figure 2.11: Blade design where blade surfaces work as structural shells
CHAPTER 3.
Figure 3.1: Wind blade manufacturers market share 2011
Figure 3.2: Wind blade market by volume 2011
Figure 3.3: Wind blade market by value 2011
Figure 3.4: Wind blade market distribution by turbine categories 2011
Figure 3.5: Wind blade market distribution by manufacturing technique 2011
Figure 3.6: Expected progression of average and maximum blade lengths (m)
CHAPTER 4.
Figure 4.1: Wind blade market trend by value 2006-2011
Figure 4.2: Wind blade market trend by volume 2006-2011
Figure 4.3: Regional wind blade market trend by volume 2006-2011
Figure 4.4: Regional wind blade market trend by value 2006-2011
Figure 4.5: Global wind blade market trend by manufacturing process 2006-2011
Figure 4.6: Global wind blade market trend by turbine size 2006-2011
CHAPTER 5.
Figure 5.1: Global wind blade market forecast by value 2012-2017
Figure 5.2: Global wind blade market forecast by volume 2012-2017
Figure 5.3: Regional wind blade market forecast by value 2012-2017
Figure 5.4: Regional wind blade market forecast by volume 2012-2017
CHAPTER 6.
Figure 6.1: Global wind blade opportunity in different regions: 2017
Figure 6.2: Emerging trends in global wind blade market
CHAPTER 1.
Figure 1.1: Porter’s Five Forces model for the wind blades manufacturer market
CHAPTER 2.
Figure 2.1: Process flow in making of rotor blades
Figure 2.2: Material flow chart for the wet hand lay-up process
Figure 2.3: Material flow chart for the VARTM process
Figure 2.4: Material flow chart for the Prepreg lay-up process
Figure 2.5: Wind blade manufacturing plant
Figure 2.6: Wind blade size evolution
Figure 2.7: Wind blade manufacturing process evolution
Figure 2.8: Standard blade lengths for various turbine capacities
Figure 2.9: Effect of blade length on the weight of a blade
Figure 2.10: Blade design with rectangular spar
Figure 2.11: Blade design where blade surfaces work as structural shells
CHAPTER 3.
Figure 3.1: Wind blade manufacturers market share 2011
Figure 3.2: Wind blade market by volume 2011
Figure 3.3: Wind blade market by value 2011
Figure 3.4: Wind blade market distribution by turbine categories 2011
Figure 3.5: Wind blade market distribution by manufacturing technique 2011
Figure 3.6: Expected progression of average and maximum blade lengths (m)
CHAPTER 4.
Figure 4.1: Wind blade market trend by value 2006-2011
Figure 4.2: Wind blade market trend by volume 2006-2011
Figure 4.3: Regional wind blade market trend by volume 2006-2011
Figure 4.4: Regional wind blade market trend by value 2006-2011
Figure 4.5: Global wind blade market trend by manufacturing process 2006-2011
Figure 4.6: Global wind blade market trend by turbine size 2006-2011
CHAPTER 5.
Figure 5.1: Global wind blade market forecast by value 2012-2017
Figure 5.2: Global wind blade market forecast by volume 2012-2017
Figure 5.3: Regional wind blade market forecast by value 2012-2017
Figure 5.4: Regional wind blade market forecast by volume 2012-2017
CHAPTER 6.
Figure 6.1: Global wind blade opportunity in different regions: 2017
Figure 6.2: Emerging trends in global wind blade market
LIST OF TABLES
CHAPTER 1.
Table 1.1: Market parameters for global wind blade market and attributes of usage
CHAPTER 2.
Table 2.1: Typical turbine parameters
Table 2.2: Comparison of advantages and disadvantages in hand lay-up, VARTM, and prepreg lay-up processes
CHAPTER 3.
Table 3.1: Summary of manufacturing techniques used by blade manufacturers
Table 3.2: Regional wind blade market growth rates by volume 2011
Table 3.3: Regional wind blade market growth rates by value 2011
Table 3.4: Global wind blade manufacturers, their blade manufacturing location and blade customers
CHAPTER 4.
Table 4.1: Growth trend for new wind blade installation by value
Table 4.2: One, three, and five years CAGR trend for global annual wind blade installation (by value)
Table 4.3: Growth trend (2006–2011)for new wind blade installation (by volume)
Table 4.4: One, three, and five years CAGR trend for global annual wind blade installation (by volume)
Table 4.5: Global wind blade manufacturing CAGR by VARTM process for the last one, three, and five years (by volume)
Table 4.6: Global wind blade manufacturing CAGR by hand lay-up process for the last one, three, and five years (by volume)
Table 4.7: Global wind blade manufacturing CAGR by prepreg lay-up process for the last one, three, and five years (by volume)
Table 4.8: Comparison of global annual nominal growth rates (CAGR) of low MW (smaller than 1.5 MW), Medium MW (1.5 MW), High MW (larger than 1.5 MW) wind blade installation (by volume) for the last one, three, and five years
CHAPTER 5.
Table 5.1: Global growth forecast (2012–2017)for new wind blade installation (by value)
Table 5.2: One, three, and five years CAGR forecast for global annual wind blade installation (by value)
Table 5.3: Growth forecast (2012–2017) for new wind blade installation by volume
Table 5.4: One, three, and five years CAGR forecast for global annual wind blade installation (by volume)
CHAPTER 1.
Table 1.1: Market parameters for global wind blade market and attributes of usage
CHAPTER 2.
Table 2.1: Typical turbine parameters
Table 2.2: Comparison of advantages and disadvantages in hand lay-up, VARTM, and prepreg lay-up processes
CHAPTER 3.
Table 3.1: Summary of manufacturing techniques used by blade manufacturers
Table 3.2: Regional wind blade market growth rates by volume 2011
Table 3.3: Regional wind blade market growth rates by value 2011
Table 3.4: Global wind blade manufacturers, their blade manufacturing location and blade customers
CHAPTER 4.
Table 4.1: Growth trend for new wind blade installation by value
Table 4.2: One, three, and five years CAGR trend for global annual wind blade installation (by value)
Table 4.3: Growth trend (2006–2011)for new wind blade installation (by volume)
Table 4.4: One, three, and five years CAGR trend for global annual wind blade installation (by volume)
Table 4.5: Global wind blade manufacturing CAGR by VARTM process for the last one, three, and five years (by volume)
Table 4.6: Global wind blade manufacturing CAGR by hand lay-up process for the last one, three, and five years (by volume)
Table 4.7: Global wind blade manufacturing CAGR by prepreg lay-up process for the last one, three, and five years (by volume)
Table 4.8: Comparison of global annual nominal growth rates (CAGR) of low MW (smaller than 1.5 MW), Medium MW (1.5 MW), High MW (larger than 1.5 MW) wind blade installation (by volume) for the last one, three, and five years
CHAPTER 5.
Table 5.1: Global growth forecast (2012–2017)for new wind blade installation (by value)
Table 5.2: One, three, and five years CAGR forecast for global annual wind blade installation (by value)
Table 5.3: Growth forecast (2012–2017) for new wind blade installation by volume
Table 5.4: One, three, and five years CAGR forecast for global annual wind blade installation (by volume)
