Global Wind Turbine Casting Market Disrupted by Green Energy Trend

Global Market

Wind

Turbine

Casting

By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

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Global Wind Turbine Casting Market 2019-2024

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Press Release Global Wind Turbine Casting Market: Market Overview Increasing industrialization and urbanization and the requirement of electricity is poised to drive the demand for energy-wind. The environmental harm that is being caused by conventional energy is apparently seeking awareness amongst people globally. Due to this, heavy investments are being incurred in order to develop eco-friendly energy. Wind energy that converts the kinetic energy into electric power is a discretion to prevail the cause. This resonates with the findings that are documented in the recent business publication by IndustryARC titled “Wind Turbine Casting Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast (2019 – 2025)”. It has been observed that in recent times, the governments of various countries have been spending huge amounts in the wind energy sector which is bolstering the revenues generated in the global wind turbine casting market.

According to the World Wind Energy Association, the wind power capacity globally reached 600 GW, 53, 9 GW added in 2018. In the U.S., the government has been spending an ample amount of money to lower the costs and to improve the development of technologies that are used for wind energy.

Increased investments have enhanced the emphasis on energy generation, and it has led to the installation and manufacturing of wind turbines. The wind turbines undergo some primary processes that are wind turbine hub casting, wind turbine blade casting, wind turbine mold casting, and wind turbine shadow casting. Therefore, the growing demand for electricity is generating an opportunity for the wind turbine casting market. According to the report, in 2018, the global wind turbine casting market size was $1,920 million and the demand is projected to grow at a compound annual growth rate (CAGR) of 5.95% during the forecast period of 2019 to 2025.

Browse an in-depth TOC “Wind Turbine Casting Market (2019 - 2025)” Global Wind Turbine Casting Market: Leading Segment APAC accords for the largest dominance in the world of 45%, as of 2018, as compared to any other region. The region is gaining tremendous demand due to China. China is a developing country that serves the maximum demand in the wind energy market. The country has a huge number of installation of wind turbines and is likely to develop the wind turbine casting market. India, is the second largest with huge installation capacity is also developing in the energy sector but the country faces a lot of political constraints. The market opportunities are attracting potential investors in China and India and are reducing the equipment costs and promoting technological advancement in the region by creating the market for wind turbines. In terms of growth, APAC is being followed by EMEA and then North America in the global wind turbine casting market. However, the application segment in the onshore industry is expected to grow at a CAGR of 4.98% during the forecast period of 2019 to 2025.

Global Wind Turbine Casting Market: Market Trends and Growth Drivers Green Bonds Green Bond is a governmental bond that is reserved for green investments. They have become an exciting part of investment. Nowadays, the banks have themselves started seeking out the green bonds as their own capital strategy. The banks use this to drive their own environmental, social, and governmental goals. This attracts potential investors and stakeholders to invest in the wind turbine casting market.

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Increasing Demand for Electricity Increasing demand for electricity is attributable to the subsequent demand for wind energy. The demand is also attributed to clean energy to reduce carbon emission. In the U.S. the strong demand for electricity has upsurged the wind turbine casting market and the leading companies are placing huge orders.

Strengthening Industrial Market There has been an increasing demand for wind turbines in the industrial market as well. It is the demand for alternative energy such as wind power. The wind turbines market is poised to have a significant contribution to the industrial sector, and this will lead to more innovation and more disruption in wind turbine casting market because the casting vendors will be customizing the wind turbines for the industrial sector.

Wind Farming Wind power is the fastest growing energy in the world. A developed economy like the U.S. has been targeting to produce the nation’s electricity from wind. Farmers are being benefited with the growth in the wind industry. The farmers are now leasing land to wind developers and are using the wind to generate power for the wind farms.

Offshore Wind Energy Recently, India has been spending a lot on the offshore wind energy market. The market for the same has gained prominence in Europe, and the policy framework and regulations enforced by the government are supporting the offshore wind farms. This will increment the demand for wind turbine casting in the future.

Global Wind Turbine Casting Market: Recent Developments Some of the key companies identified in the report that are currently holding majority shares in the global wind turbine casting market are SHW Casting Technologies GmbH & Co. KG, SAKANA Group, Global Castings, SEFORGE, Riyue Heavy Industry, Sinovel Corporation Ltd., Elyria Foundry Company, LLC., Premier Heavy Engineering, DHI DCW Group Co., Ltd., and Vestas.

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Related Reports: Wind Turbine Composites Material Market- Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2024 https://industryarc.com/Research/Wind-Turbine-Composites-Material-Market-Research-500294

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Table of Contents 1. Wind Turbine Casting Market - Overview 1.1 Definitions and Scope 2. Wind Turbine Casting Market - Executive summary 2.1 Market Revenue, Market Size and Key Trends by Company 2.2 Key Trends by type of Application 2.3 Key Trends segmented by Geography 3. Wind Turbine Casting Market 3.1 Comparative analysis 3.1.1 Product Benchmarking - Top 10 companies 3.1.2 Top 5 Financials Analysis 3.1.3 Market Value split by Top 10 companies 3.1.4 Patent Analysis - Top 10 companies 3.1.5 Pricing Analysis 4. Wind Turbine Casting Market - Startup companies Scenario 4.1 Top 10 startup company Analysis by 4.1.1 Investment 4.1.2 Revenue 4.1.3 Market Shares 4.1.4 Market Size and Application Analysis 4.1.5 Venture Capital and Funding Scenario 5. Wind Turbine Casting Market - Industry Market Entry Scenario 5.1 Regulatory Framework Overview 5.2 New Business and Ease of Doing business index 5.3 Case studies of successful ventures 5.4 Customer Analysis - Top 10 companies 6. Wind Turbine Casting Market Forces 6.1 Drivers 6.2 Constraints 6.3 Challenges 6.4 Porters five force model 6.4.1 Bargaining power of suppliers 6.4.2 Bargaining powers of customers 6.4.3 Threat of new entrants 6.4.4 Rivalry among existing players 6.4.5 Threat of substitutes 7. Wind Turbine Casting Market -Strategic analysis 7.1 Value chain analysis 7.2 Opportunities analysis 7.3 Product life cycle 7.4 Suppliers and distributors Market Share 8. Wind Turbine Casting Market - By Product (Market Size -$Million / $Billion) 8.1 Market Size and Market Share Analysis 8.2 Application Revenue and Trend Research 8.3 Product Segment Analysis 9. Wind Turbine Casting Market - By Type (Market Size -$Million / $Billion) 9.1 Horizontal axis 9.2 Vertical Axis 10. Wind Turbine Casting - By Application (Market Size -$Million / $Billion) 10.1 Onshore

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10.2 Offshore 10.3 Others 11. Wind Turbine Casting- By Geography (Market Size -$Million / $Billion) 11.1 Wind Turbine Casting Market - North America Segment Research 11.2 North America Market Research (Million / $Billion) 11.2.1 Segment type Size and Market Size Analysis 11.2.2 Revenue and Trends 11.2.3 Application Revenue and Trends by type of Application 11.2.4 Company Revenue and Product Analysis 11.2.5 North America Product type and Application Market Size 11.2.5.1 U.S 11.2.5.2 Canada 11.2.5.3 Mexico 11.2.5.4 Rest of North America 11.3 Wind Turbine Casting- South America Segment Research 11.4 South America Market Research (Market Size -$Million / $Billion) 11.4.1 Segment type Size and Market Size Analysis 11.4.2 Revenue and Trends 11.4.3 Application Revenue and Trends by type of Application 11.4.4 Company Revenue and Product Analysis 11.4.5 South America Product type and Application Market Size 11.4.5.1 Brazil 11.4.5.2 Venezuela 11.4.5.3 Argentina 11.4.5.4 Ecuador 11.4.5.5 Peru 11.4.5.6 Colombia 11.4.5.7 Costa Rica 11.4.5.8 Rest of South America 11.5 Wind Turbine Casting- Europe Segment Research 11.6 Europe Market Research (Market Size -$Million / $Billion) 11.6.1 Segment type Size and Market Size Analysis 11.6.2 Revenue and Trends 11.6.3 Application Revenue and Trends by type of Application 11.6.4 Company Revenue and Product Analysis 11.6.5 Europe Segment Product type and Application Market Size 11.6.5.1 U.K 11.6.5.2 Germany 11.6.5.3 Italy 11.6.5.4 France 11.6.5.5 Netherlands 11.6.5.6 Belgium 11.6.5.7 Denmark 11.6.5.8 Spain 11.6.5.9 Rest of Europe 11.7 Wind Turbine Casting - APAC Segment Research 11.8 APAC Market Research (Market Size -$Million / $Billion) 11.8.1 Segment type Size and Market Size Analysis 11.8.2 Revenue and Trends 11.8.3 Application Revenue and Trends by type of Application 11.8.4 Company Revenue and Product Analysis 11.8.5 APAC Segment - Product type and Application Market Size 11.8.5.1 China 11.8.5.2 Australia 11.8.5.3 Japan 11.8.5.4 South Korea 11.8.5.5 India 11.8.5.6 Taiwan

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11.8.5.7 Malaysia 11.8.5.8 Hong kong 11.8.5.9 Rest of APAC 11.9 Wind Turbine Casting - Middle East Segment and Africa Segment Research 11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion) 11.10.1 Segment type Size and Market Size Analysis 11.10.2 Revenue and Trend Analysis 11.10.3 Application Revenue and Trends by type of Application 11.10.4 Company Revenue and Product Analysis 11.10.5 Middle East Segment Product type and Application Market Size 11.10.5.1 Israel 11.10.5.2 Saudi Arabia 11.10.5.3 UAE 11.10.6 Africa Segment Analysis 11.10.6.1 South Africa 11.10.6.2 Rest of Middle East & Africa 12. Wind Turbine Casting Market - Entropy 12.1 New product launches 12.2 M&A s, collaborations, JVs and partnerships 13. Wind Turbine Casting Market - Industry / Segment Competition landscape 13.1 Market Share Analysis 13.1.1 Market Share by Country- Top companies 13.1.2 Market Share by Region- Top 10 companies 13.1.3 Market Share by type of Application - Top 10 companies 13.1.4 Market Share by type of Product / Product category- Top 10 companies 13.1.5 Market Share at global level - Top 10 companies 13.1.6 Best Practises for companies 14. Wind Turbine Casting Market - Key Company List by Country 15. Wind Turbine Casting Market Company Analysis 15.1 Market Share, Company Revenue, Products, M&A, Developments 15.2 Casting 15.3 Dhi Dcw Group Co , Ltd 15.4 Elyria Foundry Company, Llc 15.5 Enercon 15.6 Goldwind 15.7 Premier Heavy Engineering 15.8 Riyue Heavy Industry Corporation Ltd 15.9 Sakana Group 15.10 Seforge 15.11 Shw Casting Technology Gmbh Co. Kg 15.12 Sinovel 15.13 Suzlon 15.14 Vesta 15.15 Company 14 15.16 Company 15 & More *Financials would be provided on a best efforts basis for private companies 16. Wind Turbine Casting Market - Appendix 16.1 Abbreviations 16.2 Sources 17. Wind Turbine Casting Market - Methodology 17.1 Research Methodology 17.1.1 Company Expert Interviews 17.1.2 Industry Databases 17.1.3 Associations 17.1.4 Company News 17.1.5 Company Annual Reports 17.1.6 Application Trends 17.1.7 New Products and Product database

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17.1.8 Company Transcripts 17.1.9 R&D Trends 17.1.10 Key Opinion Leaders Interviews 17.1.11 Supply and Demand Trends

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