デフォルト表紙
市場調査レポート
商品コード
1438160

風力タービン鍛造市場の2030年までの予測:タイプ別、材料タイプ別、コンポーネント別、用途別、地域別の世界分析

Wind Turbine Forging Market Forecasts to 2030 - Global Analysis By Type (Seamless Rolled Rings, Open Die Forgings and Closed Die Forging), By Material Type (Steel, Aluminum and Other Material Types), Component, Application and By Geography

出版日: | 発行: Stratistics Market Research Consulting | ページ情報: 英文 200+ Pages | 納期: 2~3営業日

● お客様のご希望に応じて、既存データの加工や未掲載情報(例:国別セグメント)の追加などの対応が可能です。  詳細はお問い合わせください。

価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=157.14円
風力タービン鍛造市場の2030年までの予測:タイプ別、材料タイプ別、コンポーネント別、用途別、地域別の世界分析
出版日: 2024年02月02日
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、世界の風力タービン鍛造市場は2023年に84億米ドルを占め、予測期間中にCAGR 9.1%で成長し、2030年には154億米ドルに達する見込みです。

風力タービンの鍛造は、制御された加熱と機械的圧力によってブレードやハブなどの金属部品を成形するプロセスです。これにより、風力タービン用の耐久性のある高性能部品が確実に製造されます。鍛造部品は風力タービンの構造的完全性と効率を高め、風力発電によるクリーンで持続可能なエネルギーの生成に貢献します。

Global Wind Energy Council(世界風力エネルギー協議会)によると、2021年の世界の風力発電産業は好調で、世界中で約94GWの設備容量が追加されました。欧州、南米、中東・アフリカでは、2021年に陸上での新規設置が記録されました。

再生可能エネルギーへの移行

環境問題への懸念と持続可能な実践の必要性に後押しされた再生可能エネルギーへの世界の移行は、風力タービン鍛造市場の主要な促進要因です。クリーンエネルギーを利用するために風力タービンの需要が高まるにつれて、それに対応して堅牢で効率的な部品のニーズも増加しています。風力タービン鍛造は、耐久性のある部品を生産する上で重要な役割を果たしており、再生可能エネルギー部門全体の成長に貢献し、化石燃料への依存を減らしています。

原材料価格の変動

原材料価格の変動は、風力タービン鍛造市場の大きな抑制要因となっています。風力タービン部品は特殊な合金や金属を必要とするため、これらの材料の価格変動は製造コストに影響を与える可能性があります。予測不可能な市況や地政学的要因は、サプライチェーンの混乱や生産費用の増加につながる可能性があります。これはひいては、風力タービン鍛造の費用対効果に課題をもたらし、市場成長の妨げとなります。

洋上風力発電所の拡大

洋上風力発電プロジェクトは、その高いエネルギー収量と視覚的影響の低減により、世界的に勢いを増しています。この成長は、より大型のブレードや耐久性のある基礎など、洋上タービン用の堅牢な鍛造部品の需要を促進しています。風力タービンの鍛造メーカーは、特殊な部品を提供することによってこの動向を利用することができ、それによって洋上風力エネルギーの採用拡大に貢献することができます。

熟練労働者の不足

風力タービン部品の製造には、専門的な技術と知識が必要です。産業が拡大するにつれ、鍛造工程、冶金、精密機械加工における熟練労働者の需要が高まる。有資格者の不足は、製造の遅れ、品質問題、製造コストの上昇を招く可能性があります。この課題は、重要部品のタイムリーで効率的な製造を妨げ、風力エネルギー部門全体の成長に影響を与える可能性があります。

COVID-19の影響:

COVID-19の流行は風力タービン鍛造市場に影響を与え、サプライチェーン、労働力の確保、プロジェクトのタイムラインに混乱を引き起こしています。操業停止や操業制限が製造業に影響を及ぼし、風力タービン部品の生産と納入の遅れにつながっています。経済の不確実性と財政的制約は、再生可能エネルギープロジェクトへの投資決定にさらに影響を与え、風力タービン鍛造セクターの全体的な成長と発展に影響を及ぼしています。

予測期間中、スチールセグメントが最大になる見込み

スチールセグメントは、材料の強度、耐久性、タービンシャフト、ギア、ハブのような重要なコンポーネントの製造に適しているため、予測期間中に風力タービン鍛造市場で最大になると予想されています。極端な気象条件下での鋼の回復力と風力タービンの動的負荷に耐える能力が、鋼を好ましい選択にしています。加えて、鋼合金の進歩により性能が向上しており、これが成長に寄与しています。

オフショア設備セグメントは予測期間中に最も高いCAGRが見込まれる

オフショア風力エネルギーへの世界の注目が高まっているため、オフショア設備セグメントは風力タービン鍛造市場で有利な成長を遂げようとしています。オフショア設備は、より高い風速とより大きなエネルギー収量を提供するため、より大型のブレードや頑丈な基礎のような特殊な鍛造部品の需要を促進しています。技術の進歩や政府の取り組みがオフショア風力発電プロジェクトを支援するにつれて、オフショア環境の課題に合わせた鍛造の需要が高まることが予想され、このセグメントが市場拡大の主要因となっています。

最大のシェアを占める地域:

予測期間中、北米が最大のシェアで風力タービン鍛造市場をリードします。この優位性は、再生可能エネルギープロジェクトへの投資の増加、政府の支援政策、二酸化炭素排出量削減の重視の高まりに起因しています。さらに、この地域は風力エネルギー容量の拡大に取り組んでおり、風力タービン技術の進歩と相まって、北米を主要な市場プレーヤーとして位置付けています。

CAGRが最も高い地域:

アジア太平洋地域は、再生可能エネルギーへの需要の高まりと風力発電プロジェクトへの投資の増加により、風力タービン鍛造市場の急成長が見込まれています。中国やインドのような国々の政府は、持続可能なエネルギー源を積極的に推進しており、風力エネルギー開発に資する環境を育成しています。人口の急増とエネルギー需要の高まりにより、この地域は風力タービンの鍛造に大きな機会をもたらし、業界の拡大に大きく貢献しています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます:

  • 企業プロファイル
    • 追加市場プレイヤーの包括的プロファイリング(3社まで)
    • 主要企業のSWOT分析(3社まで)
  • 地域セグメンテーション
    • 顧客の関心に応じた主要国の市場推計・予測・CAGR(注:フィージビリティチェックによる)
  • 競合ベンチマーキング
    • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査ソース
    • 1次調査ソース
    • 2次調査ソース
    • 前提条件

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • アプリケーション分析
  • 新型コロナウイルス感染症(COVID-19)の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界の風力タービン鍛造市場:タイプ別

  • シームレス圧延リング
  • オープンダイ鍛造
  • クローズダイ鍛造

第6章 世界の風力タービン鍛造市場:材料タイプ別

  • スチール
  • アルミニウム
  • その他

第7章 世界の風力タービン鍛造市場:コンポーネント別

  • フランジ
  • ベアリング
  • ブレード
  • ギヤ
  • シャフト
  • その他

第8章 世界の風力タービン鍛造市場:用途別

  • オンショア設備
  • オフショア設備

第9章 世界の風力タービン鍛造市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋地域
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東とアフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東とアフリカ

第10章 主な発展

  • 契約、パートナーシップ、コラボレーション、合弁事業
  • 買収と合併
  • 新製品の発売
  • 事業拡大
  • その他の主要戦略

第11章 企業プロファイル

  • Bharat Forge Limited
  • Dongkuk Steel Mill Co., Ltd.
  • Enercon GmbH
  • Energia
  • Forgemasters
  • GE Energy Infrastructure
  • Goldwind Science & Technology Co., Ltd.
  • MHI Vestas Offshore Wind
  • Nordex SE
  • Senvion S.A.
  • Shanghai Electric
  • Shanghai Taisheng Wind Power Equipment Co., Ltd.
  • Siemens Gamesa Renewable Energy
  • Sinovel Wind Group Co., Ltd.
  • Suzlon Energy Limited
  • TotalEnergies
  • Vestas Wind Systems
  • Wuxi Turbine Blade Co., Ltd.
  • ZF Wind Power
図表

List of Tables

  • Table 1 Global Wind Turbine Forging Market Outlook, By Region (2021-2030) ($MN)
  • Table 2 Global Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 3 Global Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 4 Global Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 5 Global Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 6 Global Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 7 Global Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 8 Global Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 9 Global Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 10 Global Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 11 Global Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 12 Global Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 13 Global Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 14 Global Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 15 Global Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 16 Global Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 17 Global Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 18 Global Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 19 Global Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
  • Table 20 North America Wind Turbine Forging Market Outlook, By Country (2021-2030) ($MN)
  • Table 21 North America Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 22 North America Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 23 North America Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 24 North America Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 25 North America Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 26 North America Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 27 North America Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 28 North America Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 29 North America Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 30 North America Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 31 North America Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 32 North America Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 33 North America Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 34 North America Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 35 North America Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 36 North America Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 37 North America Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 38 North America Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
  • Table 39 Europe Wind Turbine Forging Market Outlook, By Country (2021-2030) ($MN)
  • Table 40 Europe Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 41 Europe Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 42 Europe Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 43 Europe Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 44 Europe Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 45 Europe Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 46 Europe Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 47 Europe Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 48 Europe Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 49 Europe Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 50 Europe Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 51 Europe Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 52 Europe Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 53 Europe Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 54 Europe Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 55 Europe Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 56 Europe Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 57 Europe Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
  • Table 58 Asia Pacific Wind Turbine Forging Market Outlook, By Country (2021-2030) ($MN)
  • Table 59 Asia Pacific Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 60 Asia Pacific Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 61 Asia Pacific Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 62 Asia Pacific Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 63 Asia Pacific Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 64 Asia Pacific Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 65 Asia Pacific Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 66 Asia Pacific Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 67 Asia Pacific Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 68 Asia Pacific Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 69 Asia Pacific Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 70 Asia Pacific Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 71 Asia Pacific Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 72 Asia Pacific Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 73 Asia Pacific Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 74 Asia Pacific Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 75 Asia Pacific Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 76 Asia Pacific Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
  • Table 77 South America Wind Turbine Forging Market Outlook, By Country (2021-2030) ($MN)
  • Table 78 South America Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 79 South America Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 80 South America Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 81 South America Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 82 South America Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 83 South America Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 84 South America Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 85 South America Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 86 South America Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 87 South America Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 88 South America Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 89 South America Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 90 South America Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 91 South America Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 92 South America Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 93 South America Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 94 South America Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 95 South America Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
  • Table 96 Middle East & Africa Wind Turbine Forging Market Outlook, By Country (2021-2030) ($MN)
  • Table 97 Middle East & Africa Wind Turbine Forging Market Outlook, By Type (2021-2030) ($MN)
  • Table 98 Middle East & Africa Wind Turbine Forging Market Outlook, By Seamless Rolled Rings (2021-2030) ($MN)
  • Table 99 Middle East & Africa Wind Turbine Forging Market Outlook, By Open Die Forgings (2021-2030) ($MN)
  • Table 100 Middle East & Africa Wind Turbine Forging Market Outlook, By Closed Die Forging (2021-2030) ($MN)
  • Table 101 Middle East & Africa Wind Turbine Forging Market Outlook, By Material Type (2021-2030) ($MN)
  • Table 102 Middle East & Africa Wind Turbine Forging Market Outlook, By Steel (2021-2030) ($MN)
  • Table 103 Middle East & Africa Wind Turbine Forging Market Outlook, By Aluminum (2021-2030) ($MN)
  • Table 104 Middle East & Africa Wind Turbine Forging Market Outlook, By Other Material Types (2021-2030) ($MN)
  • Table 105 Middle East & Africa Wind Turbine Forging Market Outlook, By Component (2021-2030) ($MN)
  • Table 106 Middle East & Africa Wind Turbine Forging Market Outlook, By Flanges (2021-2030) ($MN)
  • Table 107 Middle East & Africa Wind Turbine Forging Market Outlook, By Bearings (2021-2030) ($MN)
  • Table 108 Middle East & Africa Wind Turbine Forging Market Outlook, By Blades (2021-2030) ($MN)
  • Table 109 Middle East & Africa Wind Turbine Forging Market Outlook, By Gears (2021-2030) ($MN)
  • Table 110 Middle East & Africa Wind Turbine Forging Market Outlook, By Shafts (2021-2030) ($MN)
  • Table 111 Middle East & Africa Wind Turbine Forging Market Outlook, By Other Components (2021-2030) ($MN)
  • Table 112 Middle East & Africa Wind Turbine Forging Market Outlook, By Application (2021-2030) ($MN)
  • Table 113 Middle East & Africa Wind Turbine Forging Market Outlook, By Onshore Installations (2021-2030) ($MN)
  • Table 114 Middle East & Africa Wind Turbine Forging Market Outlook, By Offshore Installations (2021-2030) ($MN)
目次
Product Code: SMRC25129

According to Stratistics MRC, the Global Wind Turbine Forging Market is accounted for $8.4 billion in 2023 and is expected to reach $15.4 billion by 2030 growing at a CAGR of 9.1% during the forecast period. Wind turbine forging is the process of shaping and forming metal components, such as blades and hubs, through controlled heating and mechanical pressure. This ensures the creation of durable and high-performance parts for wind turbines. Forged components enhance the structural integrity and efficiency of wind turbines, contributing to the generation of clean and sustainable energy from wind power.

According to the Global Wind Energy Council, The global wind industry had a good year in 2021, with almost 94 GW of capacity added worldwide. Europe, South America, and the Middle East & Africa witnessed records for new onshore installations in 2021.

Market Dynamics:

Driver:

Transition towards renewable energy

The global shift towards renewable energy sources, driven by environmental concerns and the need for sustainable practices, is a key driver in the wind turbine forging market. As the demand for wind turbines rises to harness clean energy, there is a corresponding increase in the need for robust and efficient components. Wind turbine forging plays a vital role in producing durable parts, contributing to the overall growth of the renewable energy sector and reducing dependence on fossil fuels.

Restraint:

Fluctuations in raw material prices

Fluctuations in raw material prices act as a significant restraint in the wind turbine forging market. As wind turbine components require specialized alloys and metals, price volatility in these materials can impact manufacturing costs. Unpredictable market conditions and geopolitical factors can lead to supply chain disruptions and increased production expenses. This, in turn, challenges the cost-effectiveness of wind turbine forging, hindering market growth.

Opportunity:

Expansion of offshore wind farms

Offshore wind projects, due to their higher energy yield and reduced visual impact, are gaining momentum globally. This growth fuels the demand for robust forged components for offshore turbines, such as larger blades and durable foundations. Wind turbine forging manufacturers can capitalize on this trend by providing specialized components, thereby contributing to the increasing adoption of offshore wind energy.

Threat:

Shortage of skilled labour

Manufacturing wind turbine components requires specialized skills and knowledge. As the industry expands, demand for skilled labor in forging processes, metallurgy and precision machining increases. A shortage of qualified personnel may result in delays, quality issues and higher production costs. This challenge could impede the timely and efficient manufacturing of critical components, affecting the overall growth of the wind energy sector.

Covid-19 Impact:

The COVID-19 pandemic has impacted the wind turbine forging market, causing disruptions in the supply chain, workforce availability and project timelines. Lockdowns and restrictions have affected manufacturing operations, leading to delays in the production and delivery of wind turbine components. Economic uncertainties and financial constraints have further influenced investment decisions in renewable energy projects, affecting the overall growth and development of the wind turbine forging sector.

The steel segment is expected to be the largest during the forecast period

The steel segment is anticipated to be the largest in the wind turbine forging market during the forecast period due to the material's strength, durability and suitability for manufacturing critical components like turbine shafts, gears and hubs. Steel's resilience under extreme weather conditions and its ability to withstand the dynamic loads in wind turbines make it a preferred choice. Additionally, ongoing advancements in steel alloys enhance performance, which contributes to their growth.

The offshore installations segment is expected to have the highest CAGR during the forecast period

The offshore installations segment is poised for lucrative growth in the wind turbine forging market due to the increasing global focus on offshore wind energy. Offshore installations offer higher wind speeds and greater energy yield, driving demand for specialized forged components like larger blades and sturdy foundations. As technological advancements and government initiatives support offshore wind projects, the demand for forgings tailored to the challenges of offshore environments is expected to rise, making this segment a key contributor to market expansion.

Region with largest share:

North America is positioned to lead the wind turbine forging market with the largest share during the forecast period. This dominance can be attributed to increased investments in renewable energy projects, supportive government policies and a growing emphasis on reducing carbon emissions. Additionally, the region's commitment to expanding its wind energy capacity, coupled with advancements in wind turbine technology, positions North America as a key market player.

Region with highest CAGR:

The Asia-Pacific region is poised for rapid growth in the wind turbine forging market due to escalating demand for renewable energy and increasing investments in wind power projects. Governments in countries like China and India are actively promoting sustainable energy sources, fostering a conducive environment for wind energy development. With a burgeoning population and rising energy needs, the region presents significant opportunities for wind turbine forging, making it a key contributor to the industry's expansion.

Key players in the market

Some of the key players in Wind Turbine Forging Market include Bharat Forge Limited, Dongkuk Steel Mill Co., Ltd., Enercon GmbH, Energia, Forgemasters, GE Energy Infrastructure, Goldwind Science & Technology Co., Ltd., MHI Vestas Offshore Wind, Nordex SE, Senvion S.A., Shanghai Electric, Shanghai Taisheng Wind Power Equipment Co., Ltd., Siemens Gamesa Renewable Energy, Sinovel Wind Group Co., Ltd., Suzlon Energy Limited, TotalEnergies, Vestas Wind Systems, Wuxi Turbine Blade Co., Ltd. and ZF Wind Power.

Key Developments:

In January 2024, GE Vernova and mining billionaire forge $1.8bn wind turbine supply pact. Squadron Energy - the Australian renewables group owned by mining billionaire Andrew Forrest - said it has forged a A$2.27bn ($1.8bn) "green strategic alliance for wind turbine supply" with manufacturer GE Vernova. The pair kicked off the latest stage of their partnership with an A$1bn deal for GE to equip with its 6MW turbines and supply EPC services to Squadron's 414MW Uungula Wind Farm, said to be the largest underway in the state of New South Wales.

In August 2023, Energia Renewables and Vargronn have partnered to advance offshore wind projects in Ireland, with the potential to deliver up to 1800MW of capacity by 2030. The Irish renewables-focused integrated utility and Norwegian joint venture between Plenitude (Eni) and HitecVision will co-develop projects that can contribute to the Irish government's target of at least 5GW of new offshore wind by 2030, initially.

In June 2023, TotalEnergies and Galp forge alliance on offshore wind in Portugal. The country aims to develop 10GW of offshore wind capacity in the coming years, utilising its long coastline, favourable weather conditions and existing industrial infrastructure. TotalEnergies and Galp will develop offshore wind projects along the country's coast.

Types Covered:

  • Seamless Rolled Rings
  • Open Die Forgings
  • Closed Die Forging

Material Types Covered:

  • Steel
  • Aluminum
  • Other Material Types

Components Covered:

  • Flanges
  • Bearings
  • Blades
  • Gears
  • Shafts
  • Other Components

Applications Covered:

  • Onshore Installations
  • Offshore Installations

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Wind Turbine Forging Market, By Type

  • 5.1 Introduction
  • 5.2 Seamless Rolled Rings
  • 5.3 Open Die Forgings
  • 5.4 Closed Die Forging

6 Global Wind Turbine Forging Market, By Material Type

  • 6.1 Introduction
  • 6.2 Steel
  • 6.3 Aluminum
  • 6.4 Other Material Types

7 Global Wind Turbine Forging Market, By Component

  • 7.1 Introduction
  • 7.2 Flanges
  • 7.3 Bearings
  • 7.4 Blades
  • 7.5 Gears
  • 7.6 Shafts
  • 7.7 Other Components

8 Global Wind Turbine Forging Market, By Application

  • 8.1 Introduction
  • 8.2 Onshore Installations
  • 8.3 Offshore Installations

9 Global Wind Turbine Forging Market, By Geography

  • 9.1 Introduction
  • 9.2 North America
    • 9.2.1 US
    • 9.2.2 Canada
    • 9.2.3 Mexico
  • 9.3 Europe
    • 9.3.1 Germany
    • 9.3.2 UK
    • 9.3.3 Italy
    • 9.3.4 France
    • 9.3.5 Spain
    • 9.3.6 Rest of Europe
  • 9.4 Asia Pacific
    • 9.4.1 Japan
    • 9.4.2 China
    • 9.4.3 India
    • 9.4.4 Australia
    • 9.4.5 New Zealand
    • 9.4.6 South Korea
    • 9.4.7 Rest of Asia Pacific
  • 9.5 South America
    • 9.5.1 Argentina
    • 9.5.2 Brazil
    • 9.5.3 Chile
    • 9.5.4 Rest of South America
  • 9.6 Middle East & Africa
    • 9.6.1 Saudi Arabia
    • 9.6.2 UAE
    • 9.6.3 Qatar
    • 9.6.4 South Africa
    • 9.6.5 Rest of Middle East & Africa

10 Key Developments

  • 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 10.2 Acquisitions & Mergers
  • 10.3 New Product Launch
  • 10.4 Expansions
  • 10.5 Other Key Strategies

11 Company Profiling

  • 11.1 Bharat Forge Limited
  • 11.2 Dongkuk Steel Mill Co., Ltd.
  • 11.3 Enercon GmbH
  • 11.4 Energia
  • 11.5 Forgemasters
  • 11.6 GE Energy Infrastructure
  • 11.7 Goldwind Science & Technology Co., Ltd.
  • 11.8 MHI Vestas Offshore Wind
  • 11.9 Nordex SE
  • 11.10 Senvion S.A.
  • 11.11 Shanghai Electric
  • 11.12 Shanghai Taisheng Wind Power Equipment Co., Ltd.
  • 11.13 Siemens Gamesa Renewable Energy
  • 11.14 Sinovel Wind Group Co., Ltd.
  • 11.15 Suzlon Energy Limited
  • 11.16 TotalEnergies
  • 11.17 Vestas Wind Systems
  • 11.18 Wuxi Turbine Blade Co., Ltd.
  • 11.19 ZF Wind Power