Global Wind Turbine Castings Market 2017-2021

  • ID: 4328351
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • ENERCON
  • K & M Machine-Fabricating
  • Premier
  • Riyue Heavy Industry
  • SAKANA Group
  • Simplex Castings
  • MORE
About Wind Turbine Castings

A wind turbine is a device or an assembly of operating systems that is installed to convert kinetic energy into electricity and form a source of renewable energy, thereby reducing the reliance on fossil fuels. The electric energy generated by wind turbines is ultimately used in communities, homes, and businesses. Small wind turbines find application in caravans or boats for battery charging or to power traffic signs.

The analysts forecast the global wind turbine castings market to grow at a CAGR of 7.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global wind turbine castings market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Wind Turbine Castings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Goldwind Science & Technology
  • Premier
  • SAKANA Group
  • Suzlon Energy
Other prominent vendors
  • Elyria Foundry Company
  • ENERCON
  • Riyue Heavy Industry
  • shandong longma Heavy Industry
  • Simplex Castings
  • Sinovel Wind Group
  • K & M Machine-Fabricating
Market drivers
  • Increasing government spending on energy systems
  • For a full, detailed list, view the full report
Market challenges
  • Availability of solar panels for the generation of electricity
  • For a full, detailed list, view the full report
Market trends
  • Emergence of thin-walled cast components
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ENERCON
  • K & M Machine-Fabricating
  • Premier
  • Riyue Heavy Industry
  • SAKANA Group
  • Simplex Castings
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by material type
  • Overview: Global wind turbine castings market by material type
PART 07: Market segmentation by application
  • Overview: Global wind turbine castings market by application
  • Global wind turbine castings market for onshore applications
  • Global wind turbine castings market for offshore applications
  • Global wind turbine castings market for other applications
PART 08: Geographical segmentation
  • Overview: Global wind turbine castings market by geography
  • Wind turbine castings market in Americas
  • Wind turbine castings market in APAC
  • Wind turbine castings market in EMEA
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Emergence of thin-walled cast components
  • Emergence of smart wind turbines
  • Increasing adoption of control-oriented modeling
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Goldwind Science & Technology
  • Premier
  • SAKANA Group
  • Suzlon Energy
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global wind turbine castings market
Exhibit 02: Global wind turbine castings market 2016 and 2021 ($ millions)
Exhibit 03: Forecast: Global wind turbine castings market 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global wind turbine castings market by material type 2016 (annual consumption)
Exhibit 06: The applications of steel in wind turbines
Exhibit 07: Global wind turbine castings market by application 2016 and 2021
Exhibit 08: Global wind turbine castings market by application 2016-2021 ($ millions)
Exhibit 09: Global wind turbine castings market for onshore applications 2016 and 2021 ($ millions)
Exhibit 10: Forecast: Global wind turbine castings market for onshore applications 2016-2021
Exhibit 11: Largest global onshore installed wind farms
Exhibit 12: Global wind turbine castings market for offshore applications 2016 and 2021($ millions)
Exhibit 13: Forecast: Global wind turbine castings market for offshore applications 2016-2021
Exhibit 14: Global wind turbine castings market for other applications 2016 and 2021($ millions)
Exhibit 15: Forecast: Global wind turbine castings market for other applications 2016-2021
Exhibit 16: Global wind turbine castings market by geography 2016 and 2021
Exhibit 17: Forecast: Global wind turbine castings market by geography 2016-2021 ($ millions)
Exhibit 18: Wind turbine castings market in Americas 2016 and 2021 ($ millions)
Exhibit 19: Forecast: Wind turbine castings market in Americas 2016-2021
Exhibit 20: Wind turbine castings market in APAC 2016 and 2021 ($ millions)
Exhibit 21: Forecast: Wind turbine castings market in APAC 2016-2021
Exhibit 22: Wind turbine castings market in EMEA 2016 and 2021 ($ millions)
Exhibit 23: Forecast: Wind turbine castings market in EMEA 2016-2021
Exhibit 24: India: Installed capacity by source as on 31 March 2017
Exhibit 25: Global PV solar installations 2015
Exhibit 26: Goldwind Science & Technology: Business segmentation by revenue 2016
Exhibit 27: Goldwind Science & Technology: Geographical segmentation by revenue 2016
Exhibit 28: Premier: Business segmentation by revenue 2016
Exhibit 29: Suzlon Energy: Business segmentation by revenue (including inter segment) 2016
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FEATURED COMPANIES

  • ENERCON
  • K & M Machine-Fabricating
  • Premier
  • Riyue Heavy Industry
  • SAKANA Group
  • Simplex Castings
  • MORE
New Report Released: - Global Wind Turbine Castings Market 2017-2021

The author of the report recognizes the following companies as the key players in the global wind turbine castings market: Goldwind Science & Technology, Premier, SAKANA Group, and Suzlon Energy.

Other Prominent Vendors in the market are: Elyria Foundry Company, ENERCON, Riyue Heavy Industry, shandong longma Heavy Industry, Simplex Castings, Sinovel Wind Group, and K & M Machine-Fabricating.

Commenting on the report, an analyst from the research team said: “One trend in the market is emergence of thin-walled cast components. Thin-wall casting has emerged as a trend in the global wind turbine castings market owing to economic issues and environmental pressure. Thin-walled steel circular hollow sections (CHSs) are the most popularly used sections in wind turbine towers and are subjected to bending.”

According to the report, one driver in the market is increasing government spending on energy systems. The increasing government focus on energy systems and research is fueling the growth of the global wind turbine castings market, with prominence in regions such as the US and Europe. The US Department of Energy (DOE) allocated more than $93.50 million in the fiscal year 2016 to lower costs, improve performance, and trigger the development of technologies used for wind power. The budget request for the Wind Program is more than $150 million.

Further, the report states that one challenge in the market is availability of solar panels for the generation of electricity. The installation of solar panels for the generation of electricity is a challenge for the global wind turbine castings market. It also hinders the possibility of installing more number of wind turbines. In 2015, new installations accounted for about 55GW of assisted global solar power, generating around 235 GW by the end of the year, claiming an increase of around 29% as against the capacity in 2014. APAC recorded an increasing demand for solar panels for the generation of electricity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Goldwind Science & Technology
  • Premier
  • SAKANA Group
  • Suzlon Energy. Elyria Foundry Company
  • ENERCON
  • Riyue Heavy Industry
  • shandong longma Heavy Industry
  • Simplex Castings
  • Sinovel Wind Group
  • K & M Machine-Fabricating
Note: Product cover images may vary from those shown
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