Wind Turbine Casting Market to Reach $3.27 Billion by 2025 - Analysis By Type (Horizontal Axis, Vertical Axis), Application (Onshore, Offshore) & Region - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Wind Turbine Casting Market 2014 - 2025" report to their offering.

The global wind turbine casting market is expected to reach USD 3.27 billion by 2025. The growing demand for electricity in developing countries including China, India, South Africa, and Brazil on account of increasing population and urbanization will drive the application of wind turbines. Furthermore, increasing government spending on energy research and the development of clean energy is expected to aid in the market expansion.

Increasing wind energy installations coupled with the rapid depletion of fossil fuels will drive the demand for wind turbines, which in turn will fuel the casting industry growth over the forecast period. Moreover, the growing requirement for the reduction of carbon footprint and emissions is expected to spur the industry expansion over the upcoming years.

North America accounted for 17% of the overall revenue share in 2015 and is projected to witness significant growth on account of rising number of wind energy installations in the region. Moreover, the development of offshore energy will create opportunities for the market over the upcoming years. In 2015, 8,598 MW was added to the existing capacity of 65,877 MW in the U.S.

Companies Mentioned

  • Vestas
  • Sinovel
  • Goldwind
  • Enercon
  • DHI DCW Group Co., Ltd.
  • Suzlon
  • Premier Heavy Engineering
  • SHW Casting Technologies GmbH & Co. KG
  • SAKANA Group
  • Global Castings
  • SEFORGE
  • Riyue Heavy Industry Corporation Ltd.
  • Elyria Foundry Company, LLC

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Wind Turbine Casting Market Variables, Trends & Scope

4. Wind Turbine Casting Market: Type Estimates & Trend Analysis

5. Wind Turbine Casting Market: Application Estimates & Trend Analysis

6. Wind Turbine Casting Market: Regional Estimates & Trend Analysis

7. Competitive Landscape

8. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/s24ggh/wind_turbine

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wind Power, Turbines

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wind Power, Turbines