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Classified in: Covid-19 virus
Subject: MRR

Wind Turbine Rotor Blade Market to grow by USD 6.97 Billion during 2021-2025, Acciona SA and General Electric Co. emerge as Key Contributors to growth| Technavio


NEW YORK, May 11, 2021 /PRNewswire/ --

Technavio has been monitoring the wind turbine rotor blade market and it is poised to grow by USD 6.97 bn during 2021-2025, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however,  the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.  
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Related Reports on Utilities include:

Wind Turbine Components Market by Application, Product, and Geography - Forecast and Analysis 2021-2025:The wind turbine components market size has the potential to grow by USD 27.72 billion during 2021-2025, according to Technavio.

Wind Turbine Generator Market by Application and Geography - Forecast and Analysis 2020-2024: The wind turbine generator market size has the potential to grow by USD 7.22 billion during 2020-2024, according to Technavio. Download Free Sample

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acciona SA, General Electric Co., Mingyang Smart Energy Group Co. Ltd., SANY Group Co. Ltd., Senvion SA, Siemens Gamesa Renewable Energy SA, Suzlon Energy Ltd., TPI Composites Inc., UNISON Co, ltd., and Vestas Wind System AS are some of the major market participants. Although the decreasing LCOE of wind energy will offer immense growth opportunities, factors such as competition from alternative sources of energy are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this wind turbine rotor blade market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Wind Turbine Rotor Blade Market 2021-2025: Segmentation

Wind Turbine Rotor Blade Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40490

Wind Turbine Rotor Blade Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wind turbine rotor blade market report covers the following areas:

This study identifies rising wind turbine installations as one of the prime reasons driving the wind turbine rotor blade market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Wind Turbine Rotor Blade Market 2021-2025: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Market segmentation by Material

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: https://www.technavio.com/report/wind-turbine-rotor-blade-market-industry-analysis

SOURCE Technavio


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