Wind Turbine Rotor Blade Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Wind Turbine Rotor Blade Market is segmented By Location of Deployment (Onshore, Offshore), By Blade Material (Carbon Fiber, Glass Fiber, Others), By ....

Wind Turbine Rotor Blade Market Size

Market Size in USD

CAGR9.1%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR9.1%
Market ConcentrationMedium
Major PlayersTPI Composites Inc., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd, Nordex SE, Siemens Gamesa Renewable Energy, S.A., Suzlon Energy Limited
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Wind Turbine Rotor Blade Market Analysis

The wind turbine rotor blade market is estimated to be valued at USD 23.44 Bn in 2024 and is expected to reach USD 43.18 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031. The wind turbine rotor blade market is expected to witness prominent growth with the rising demand for renewable sources of energy due to growing environmental concerns.