Wind Turbine Rotor Blade Market Analysis

Location of Deployment (Onshore, Offshore)

Onshore segment in the wind turbine rotor blade market is poised to showcase more than 8.4% growth rate through 2037 owing to the growing need for renewable energy. Onshore wind farms are less expensive than offshore wind farms due to several variables, including ease of installation and transportation. They emit relatively little emissions and have no negative effects on the environment surrounding them. Furthermore, as wind turbines and farmland typically coexist, there is no toxic spillage or contamination of the land.

For example, the International Energy Agency (IEA) released data in July 2023 which showed 900 GW of built wind power, 93% was in onshore systems and the remaining 7% was in offshore wind farms. While offshore wind is still in its infancy, with capacity only found in 20 nations, onshore wind is a developed technology used in 115 countries worldwide.

Blade Material (Carbon Fiber, Glass Fiber, and Others)

Based on the blade material, the carbon fiber segment is likely to account for around a 76.2% wind turbine rotor blade market share by 2037. Carbon fiber has several advantages and is well known for its superior all-around performance in large-scale wind turbine blades. Due to its strength and rigidity over fiberglass, carbon fiber helps reduce the mass of wind turbine blades. Based on a study conducted by Sandia National Laboratories researchers, wind blades made of carbon fiber weigh 25% less than those made of conventional fiberglass materials. In areas with less wind, carbon fiber blades absorb more energy.

Our in-depth analysis of the global market includes the following segments: