Wind Turbine Rotor Blade Market by Material, Blade Size - 2019 | MarketsandMarkets
The use of carbon fiber is expected to grow at a fast rate as the trend for larger blade sizes takes a firm hold in the global market. The wind turbine rotor blade market is projected to grow at a CAGR of 9.2% from 2014 to 2019. In 2014, the market was dominated by Asia-Pacific, which had more than 54% of the total installed blades in the world. The region is projected to remain the most attractive market through to 2019, even as South America along with the Middle East and Africa are set to witness promising growth rates.The market was segmented on the basis of material type, blade length, and region in terms of volume and value. The market segments by material type include carbon fiber and glass fiber. The market segments for blade lengths include <27 meter, 27-37 meter, 38-50 meter, and >50 meter blades. The regional segmentation includes market volume and value for Asia-Pacific, North America, Europe, the Middle East and Africa, and South America.
