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Wind Turbine Casting Market

Wind Turbine Casting Market

Wind Turbine Casting Market Global Industry Assessment & Forecast

# Pages:

145

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0513

Segments Covered
  • By Type Horizontal axis, Vertical axis
  • By Application Onshore, Offshore, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 0.9 Billion
Revenue 2028Revenue 2028: 1.8 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 8
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

The report delivers an acute breakdown of the market based on various segments such as Type, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.

On the basis of Type, the market is divided into Horizontal axis, Vertical axis. Horizontal axis held the largest share in 2020 and is projected to witness substantial growth during the forecast period.

Based on Application, the market is divided into Onshore, Offshore, Others. Onshore attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Wind Turbine Casting Market: Type Segment Analysis

    • Horizontal axis
    • Vertical axis

Global Wind Turbine Casting Market: Application Segment Analysis

    • Onshore
    • Offshore
    • Others
FAQ
Frequently Asked Question
  • The global Wind Turbine Casting valued at 0.9 Billion in 2020 and is expected to reach 1.8 Billion in 2028 growing at a CAGR of 8%.

  • The prominent players in the market are Premier, ENERCON, Riyue Heavy Industry, K & M Machine-Fabricating, Elyria Foundry Company, Suzlon Energy, Sinovel Wind Group, Simplex Castings, Goldwind Science & Technology, SAKANA Group, Shandong longma Heavy Industry.

  • The market is project to grow at a CAGR of 8% between 2021 and 2028.

  • The driving factors of the Wind Turbine Casting include

    • With the increasing population as well as industrialization, their is higer demand for energy which is anticipated to augment the growth of the market over the forecast period. In addition to this, the apparent environmental harm due to conventional energy is increasing awareness all over the globe among the end users.
    • The rise in investments is anticipated to augment the growth of the market over the forecast period.

  • Asia Pacific was the leading regional segment of the Wind Turbine Casting in 2020.