gdae1082mar wind turbine rotor blades sample · reference code gdae1082mar | publication date...

REFERENCE CODE GDAE1082MAR | PUBLICATION DATE DECEMBER 2013

WIND TURBINE ROTOR BLADES - GLOBAL MARKET SIZE, AVERAGE PRICE,

COMPETITIVE LANDSCAPE AND KEY COUNTRY ANALYSIS TO 2020

Wind Turbine Rotor Blades – Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

WIND TURBINE ROTOR BLADES – GLOBAL MARKET SIZE, AVERAGE PRICE,


Executive Summary

Global Wind Power Market will Show Steady Growth up to 2020

The global wind power market witnessed growth in

2012, as annual wind power capacity installations

recovered in 2011 and 2012 after a slight dip in

2010. The global cumulative wind power installed

capacity increased from XX Gigawatts (GW) in

2006 to XX GW in 2012, of which XX GW went

online in 2012. Annual turbine installations are

expected to grow from XX GW in 2014 to XX GW

in 2020, due to high order intake from major wind

turbine manufacturers. During the 2012–2020

forecast period, global wind turbine installations will

increase at a steady growth rate, and the

cumulative wind power installed capacity will reach

XX GW by 2020.

China, US and India were the Top XX Wind Rotor Blade Markets in 2012

China and the US dominated the rotor blade

market in 2012 in terms of the number of blades

installed. The XX countries installed XX and XX

wind turbine rotor blades, respectively and together

contributed to more than XX% of global wind

turbine rotor blade installations. India followed at a

distance with XX blades, contributing XX% to the

global total. Germany, UK, Spain and Canada

were the other countries that installed a significant

number of blades, contributing XX%, XX%, XX%

and XX%, respectively in 2012.

The following chart shows the shares of key

countries in total number of wind turbine rotor

blades installed globally, in 2012.

Wind Turbine Rotor Blades Market, Global, Blade Installation Share of Key Countries (%), 2012

China

US

India

Germany

UK

Spain

Canada

Others

Source: GlobalData, Alternative Energy eTrack [Accessed: August 29, 2013]

Wind Turbine Rotor Blades Market, Global, Blade Installation Share of Key Countries (%), 2012

Country Share of total installed blades

China

US

India

Germany

UK

Spain

Canada

Others

Source: GlobalData, Alternative Energy eTrack [Accessed: August 29, 2013]


Table of Contents



1 Table of Contents

1 Table of Contents ....................................................................................................................... 4

1.1 List of Tables ...................................................................................................................... 8

1.2 List of Figures ................................................................................................................... 10

2 Introduction ............................................................................................................................... 13

2.1 Wind Power Technology ................................................................................................... 13

2.2 Wind Turbine Rotor Blade Technology .............................................................................. 13

2.3 Wind Rotor Blade Manufacturing Process ......................................................................... 14

2.3.1 Prepreg Process ........................................................................................................... 14

2.3.2 SP Resin Infusion Technology Process ......................................................................... 15

2.3.3 Hand Lay-up Process .................................................................................................... 15

2.3.4 Vacuum Assisted Resin Transfer Molding Process ....................................................... 15

2.3.5 Seeman Composites Resin Infusion Molding Process ................................................... 16

2.4 GlobalData Report Guidance ............................................................................................ 17

3 Wind Turbine Rotor Blade Market, Global ................................................................................. 18

3.1 Wind Turbine Rotor Blade Market, Global, Overview ........................................................ 18

3.2 Wind Rotor Blade Market, Global, Units Installed, 2006–2020 .......................................... 20

3.3 Wind Turbine Rotor Blade Market, Global, Cost Analysis, 2011 ........................................ 23

3.4 Wind Turbine Rotor Blade Market, Global, Market Segmentation...................................... 24

3.4.1 Wind Turbine Rotor Blade Market, Global, Share of Onshore and Offshore Installations ..................................................................................................................................... 24

3.5 Wind Turbine Rotor Blade Market, Global, Split by Key Countries, 2012........................... 27

3.6 Wind Turbine Rotor Blade Market, Global, Average Price, 2006–2020 ............................. 28

3.7 Wind Turbine Rotor Blades Market, Global, Market Size, 2006–2020 ............................... 31

3.8 Wind Turbine Rotor Blade Market, Global, Blade Repairs, 2011 ....................................... 32

3.9 Wind Turbine Rotor Blade Market, Global, Competitive Landscape, 2011 ........................ 37

3.9.1 Wind Turbine Rotor Blade Market, Global, Market Share, 2011 .................................... 37


Table of Contents



3.9.2 Wind Rotor Blade Market, Global, Comparison of Independent Manufacturers ............. 39

3.9.3 Wind Turbine Rotor Blade Market, Global, Independent Manufacturers’ Locations ....... 42

3.10 Wind Turbine Rotor Blade Market, Global, Market Drivers ................................................ 43

3.10.1 Feed-in Tariffs and Renewable Portfolio Standards are the Main Drivers for Wind Power Development in North America and Europe .................................................................. 43

3.10.2 Various Support Policies have Enabled Strong Wind Power Development .................... 43

3.10.3 Increasing Need for Energy and Environmental Security is Promoting Investment in Wind Energy ................................................................................................................. 44

3.11 Wind Turbine Rotor Blade Market, Global, Market Restraints ........................................... 45

3.11.1 Lack of Sufficient Grid Infrastructure could Hamper Global Wind Power Growth ........... 45

3.11.2 Supply Chain Bottlenecks and Oversupply Conditions due to Unstable Supply-Demand Situations ..................................................................................................................... 45

3.11.3 Human Resource Crunch in the Industry is Expected to Intensify with Market Expansion ..................................................................................................................................... 46

3.11.4 High Cost of Carbon Fiber to Thwart Growth of Light-Weight Rotor Blades ................... 46

4 Wind Turbine Rotor Blade Market, US ...................................................................................... 47

4.1 Wind Turbine Rotor Blade Market, US, Overview .............................................................. 47

4.2 Wind Turbine Rotor Blade Market, US, Units Installed, 2006–2020 ................................... 48

4.3 Wind Turbine Rotor Blade Market, US, Market Segmentation ........................................... 50

4.4 Wind Turbine Rotor Blade Market, US, Average Price, 2006–2020................................... 52

4.5 Wind Turbine Rotor Blade Market, US, Market Size, 2006–2020 ...................................... 54

4.6 Wind Turbine Rotor Blades Market, US, Blade Repairs, 2006–2020 ................................. 56

5 Wind Turbine Rotor Blade Market, Canada ............................................................................... 61

5.1 Wind Turbine Rotor Blade Market, Canada, Overview ...................................................... 61

5.2 Wind Turbine Rotor Blade Market, Canada, Units Installed, 2006–2020 ........................... 62

5.3 Wind Turbine Rotor Blade Market, Canada, Market Segmentation ................................... 64

5.4 Wind Turbine Rotor Blade Market, Canada, Average Price, 2006–2020 ........................... 64

5.5 Wind Turbine Rotor Blade Market, Canada, Market Size, 2006–2020 ............................... 67

5.6 Wind Turbine Rotor Blade Market, Canada, Blade Repairs ............................................... 69


Table of Contents



6 Wind Turbine Rotor Blade Market, Germany ............................................................................ 73

6.1 Wind Turbine Rotor Blade Market, Germany, Overview .................................................... 73

6.2 Wind Turbine Rotor Blade Market, Germany, Units Installed, 2006–2020 ......................... 75

6.3 Wind Turbine Rotor Blade Market, Germany, Market Segmentation ................................. 78

6.4 Wind Turbine Rotor Blade Market, Germany, Average Price, 2006–2020 ......................... 80

6.5 Wind Turbine Rotor Blade Market, Germany, Market Size, 2006–2020............................. 82

6.6 Wind Turbine Rotor Blade Market, Germany, Blade Repairs ............................................. 85

7 Wind Turbine Rotor Blade Market, Spain .................................................................................. 89

7.1 Wind Turbine Rotor Blade Market, Spain, Overview.......................................................... 89

7.2 Wind Turbine Rotor Blade Market, Spain, Units Installed, 2006–2020 .............................. 90

7.3 Wind Turbine Rotor Blade Market, Spain, Market Segmentation ....................................... 93

7.4 Wind Turbine Rotor Blade Market, Spain, Average Price, 2006–2020 .............................. 95

7.5 Wind Turbine Rotor Blade Market, Spain, Market Size, 2006–2020 .................................. 96

7.6 Wind Turbine Rotor Blade Market, Spain, Blade Repairs .................................................. 99

8 Wind Turbine Rotor Blade Market, UK .................................................................................... 103

8.1 Wind Turbine Rotor Blade Market, UK, Overview ............................................................ 103

8.2 Wind Turbine Rotor Blade Market, UK, Units Installed, 2006–2020 ................................. 103

8.3 Wind Turbine Rotor Blade Market, UK, Market Segmentation ......................................... 105

8.4 Wind Turbine Rotor Blade Market, UK, Average Price, 2006–2020................................. 107

8.5 Wind Turbine Rotor Blade Market, UK, Market Size, 2006–2020 .................................... 109

8.6 Wind Turbine Rotor Blade Market, UK, Blade Repairs .................................................... 111

9 Wind Turbine Rotor Blade Market, China ................................................................................ 116

9.1 Wind Turbine Rotor Blade Market, China, Overview ....................................................... 116

9.2 Wind Turbine Rotor Blade Market, China, Units Installed, 2006–2020 ............................ 117

9.3 Wind Turbine Rotor Blade Market, China, Market Segmentation..................................... 119

9.4 Wind Turbine Rotor Blade Market, China, Average Price, 2006–2020 ............................ 121

9.5 Wind Turbine Rotor Blade Market, China, Market Size, 2006–2020 ................................ 124


Table of Contents



9.6 Wind Turbine Rotor Blade Market, China, Blade Repairs ................................................ 126

10 Wind Turbine Rotor Blade Market, India ................................................................................. 131

10.1 Wind Turbine Rotor Blade Market, India, Overview ......................................................... 131

10.2 Wind Turbine Rotor Blade Market, India, Number of Blades Installed, 2006–2020 .......... 132

10.3 Wind Turbine Rotor Blade Market, India, Market Segmentation ...................................... 134

10.4 Wind Turbine Rotor Blade Market, India, Average Price, 2006–2020 .............................. 134

10.5 Wind Turbine Rotor Blade Market, India, Market Size, 2006–2020 ................................. 136

10.6 Wind Turbine Rotor Blade Market, India, Blade Repairs ................................................. 138

Source: GlobalData .................................................................................................................. 142

11 Appendix................................................................................................................................. 143

11.1 Abbreviations .................................................................................................................. 143

11.2 Sources........................................................................................................................... 144

11.3 Research Methodology ................................................................................................... 145

11.3.1 Secondary Research ................................................................................................... 145

11.3.2 Primary Research ....................................................................................................... 145

11.3.3 Market Estimates and Assumptions ............................................................................ 146

11.4 Disclaimer ....................................................................................................................... 147


Table of Contents



1.1 List of Tables

Table 1: Wind Turbine Rotor Blades Market, Global, Number of Blades Installed, 2006–2020 ................... 22

Table 2: Wind Turbine Rotor Blades Market, Global, Cost Share of Component (%), 2013 ........................ 23

Table 3: Wind Turbine Rotor Blades Market, Global, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ........................................................................................................................... 26

Table 4: Wind Turbine Rotor Blades Market, Global, Blade Installation Share of Key Countries (%), 2006–

2020............................................................................................................................................ 28

Table 5: Wind Turbine Rotor Blades Market, Global, Average Price ($/kW), 2006–2020 ............................ 30

Table 6: Wind Turbine Rotor Blades Market, Global, Market Size ($bn), 2006–2020 ................................. 32

Table 7: Wind Turbine Rotor Blades Market, Global, Number of Blade Repairs, 2006–2020 ...................... 35

Table 8: Wind Turbine Rotor Blades Market, Global, Blade Repair Market Size ($m), 2006–2020 ............. 37

Table 9: Wind Turbine Rotor Blades Market, Global, Market Share (%), 2006–2020 .................................. 39

Table 10: Wind Turbine Rotor Blades Market, Global, 2006–2020 ............................................................... 41

Table 11: Wind Turbine Rotor Blades Market, US, Number of Blades Installed, 2006–2020 ........................ 50

Table 12: Wind Turbine Rotor Blades Market, US, Share of Onshore and Offshore Installation of Blades (%),

2006–2020 .................................................................................................................................. 52

Table 13: Wind Turbine Rotor Blades Market, US, Average Price ($/kW), 2006–2020 ................................. 54

Table 14: Wind Turbine Rotor Blades Market, US, Market Size ($bn), 2006–2020 ....................................... 56

Table 15: Wind Turbine Rotor Blades Market, US, Number of Blade Repairs, 2006–2020 ........................... 58

Table 16: Wind Turbine Rotor Blades Market, US, Blade Repair Market Size ($m), 2006–2020................... 60

Table 17: Wind Turbine Rotor Blades Market, Canada, Number of Blades Installed, 2006–2020 ................. 64

Table 18: Wind Turbine Rotor Blades Market, Canada, Average Price ($/kW), 2006–2020 .......................... 66

Table 19: Wind Turbine Rotor Blades Market, Canada, Market Size ($m), 2006–2020 ................................ 68

Table 20: Wind Turbine Rotor Blades Market, Canada, Number of Blade Repairs, 2006–2020 .................... 70

Table 21: Wind Turbine Rotor Blades Market, Canada, Blade Repair Market Size ($m), 2006–2020 ........... 72


Table of Contents



Table 22: Wind Turbine Rotor Blades Market, Germany, Number of Blades Installed, 2006–2020 ............... 77

Table 23: Wind Turbine Rotor Blades Market, Germany, Share of Onshore and Offshore Installation of

Blades (%), 2006–2020 ............................................................................................................... 79

Table 24: Wind Turbine Rotor Blades Market, Germany, Average Price ($/kW), 2006–2020 ........................ 82

Table 25: Wind Turbine Rotor Blades Market, Germany, Market Size ($m), 2006–2020 .............................. 84

Table 26: Wind Turbine Rotor Blades Market, Germany, Number of Blade Repairs, 2006–2020 .................. 86

Table 27: Wind Turbine Rotor Blades Market, Germany, Blade Repair Market Size ($m), 2006–2020 ......... 88

Table 28: Wind Turbine Rotor Blades Market, Spain, Number of Blades Installed, 2006–2020 .................... 92

Table 29: Wind Turbine Rotor Blades Market, Spain, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ........................................................................................................................... 94

Table 30: Wind Turbine Rotor Blades Market, Spain, Average Price ($/kW), 2006–2020 ............................. 96

Table 31: Wind Turbine Rotor Blades Market, Spain, Market Size ($m), 2006–2020 .................................... 98

Table 32: Wind Turbine Rotor Blades Market, Spain, Number of Blade Repairs, 2006–2020 ..................... 100

Table 33: Wind Turbine Rotor Blades Market, Spain, Blade Repair Market Size ($m), 2006–2020............. 102

Table 34: Wind Turbine Rotor Blades Market, UK, Number of Blades Installed, 2006–2020 ...................... 105

Table 35: Wind Turbine Rotor Blades Market, UK, Share of Onshore and Offshore Installation of Blades (%),

2006–2020 ................................................................................................................................ 107

Table 36: Wind Turbine Rotor Blades Market, UK, Average Price ($/kW), 2006–2020 ............................... 109

Table 37: Wind Turbine Rotor Blades Market, UK, Market Size ($m), 2006–2020 ...................................... 111

Table 38: Wind Turbine Rotor Blades Market, UK, Number of Blade Repairs, 2006–2020 ......................... 113

Table 39: Wind Turbine Rotor Blades Market, UK, Blade Repair Market Size ($m), 2006–2020................. 115

Table 40: Wind Turbine Rotor Blades Market, China, Number of Blades Installed, 2006–2020 .................. 119

Table 41: Wind Turbine Rotor Blades Market, China, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ......................................................................................................................... 121

Table 42: Wind Turbine Rotor Blades Market, China, Average Price ($/kW), 2006–2020 ........................... 123


Table of Contents



Table 43: Wind Turbine Rotor Blades Market, China, Market Size ($bn), 2006–2020 ................................ 125

Table 44: Wind Turbine Rotor Blades Market, China, Number of Blade Repairs, 2006–2020 ..................... 128

Table 45: Wind Turbine Rotor Blades Market, China, Blade Repair Market Size ($m), 2006–2020 ............ 130

Table 46: Wind Turbine Rotor Blades Market, India, Number of Blades Installed, 2006–2020 .................... 134

Table 47: Wind Turbine Rotor Blades Market, India, Average Price ($/kW), 2006–2020 ............................ 136

Table 48: Wind Turbine Rotor Blades Market, India, Market Size ($m), 2006–2020 ................................... 138

Table 49: Wind Turbine Rotor Blades Market, India, Number of Blade Repairs, 2006–2020 ...................... 140

Table 50: Wind Turbine Rotor Blades Market, India, Blade Repair Market Size ($m), 2006–2020 .............. 142

Table 51: Abbreviations ............................................................................................................................ 143

1.2 List of Figures

Figure 1 Wind Turbine Rotor Blades Market, Global, Number of Blades Installed, 2006–2020 ................... 21

Figure 2 Wind Turbine Rotor Blades Market, Global, Cost Share of Component (%), 2013 ........................ 23

Figure 3 Wind Turbine Rotor Blades Market, Global, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ........................................................................................................................... 25

Figure 4 Wind Turbine Rotor Blades Market, Global, Blade Installation Share of Key Countries (%), 2012 . 27

Figure 5 Wind Turbine Rotor Blades Market, Global, Average Price ($/kW), 2006–2020 ............................ 29

Figure 6 Wind Turbine Rotor Blades Market, Global, Market Size ($bn), 2006–2020 ................................. 31

Figure 7 Wind Turbine Rotor Blades Market, Global, Number of Blade Repairs, 2006–2020 ...................... 34

Figure 8 Wind Turbine Rotor Blades Market, Global, Blade Repair Market Size ($m), 2006–2020 ............. 36

Figure 9 Wind Turbine Rotor Blades Market, Global, Market Share (%), 2012 ........................................... 38

Figure 10 Wind Turbine Rotor Blades Market, Global, Independent Manufacturers’ Locations, 2012 ........... 42

Figure 11 Wind Turbine Rotor Blades Market, US, Number of Blades Installed, 2006–2020 ........................ 49

Figure 12 Wind Turbine Rotor Blades Market, US, Share of Onshore and Offshore Installation of Blades (%),

2006–2020 .................................................................................................................................. 51


Table of Contents



Figure 13 Wind Turbine Rotor Blades Market, US, Average Price ($/kW), 2006–2020 ................................. 53

Figure 14 Wind Turbine Rotor Blades Market, US, Market Size ($bn), 2006–2020 ....................................... 55

Figure 15 Wind Turbine Rotor Blades Market, US, Number of Blade Repairs, 2006–2020 ........................... 57

Figure 16 Wind Turbine Rotor Blades Market, US, Blade Repair Market Size ($m), 2006–2020................... 59

Figure 17 Wind Turbine Rotor Blades Market, Canada, Number of Blades Installed, 2006–2020 ................. 63

Figure 18 Wind Turbine Rotor Blades Market, Canada, Average Price ($/kW), 2006–2020 .......................... 65

Figure 19 Wind Turbine Rotor Blades Market, Canada, Market Size ($m), 2006–2020 ................................ 67

Figure 20 Wind Turbine Rotor Blades Market, Canada, Number of Blade Repairs, 2006–2020 .................... 69

Figure 21 Wind Turbine Rotor Blades Market, Canada, Blade Repair Market Size ($m), 2006–2020 ........... 71

Figure 22 Wind Turbine Rotor Blades Market, Germany, Number of Blades Installed, 2006–2020 ............... 76

Figure 23 Wind Turbine Rotor Blades Market, Germany, Share of Onshore and Offshore Installation of

Blades (%), 2006–2020 ............................................................................................................... 78

Figure 24 Wind Turbine Rotor Blades Market, Germany, Average Price ($/kW), 2006–2020 ........................ 81

Figure 25 Wind Turbine Rotor Blades Market, Germany, Market Size ($m), 2006–2020 .............................. 83

Figure 26 Wind Turbine Rotor Blades Market, Germany, Number of Blade Repairs, 2006–2020 .................. 85

Figure 27 Wind Turbine Rotor Blades Market, Germany, Blade Repair Market Size ($m), 2006–2020 ......... 87

Figure 28 Wind Turbine Rotor Blades Market, Spain, Number of Blades Installed, 2006–2020 .................... 91

Figure 29 Wind Turbine Rotor Blades Market, Spain, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ........................................................................................................................... 93

Figure 30 Wind Turbine Rotor Blades Market, Spain, Average Price ($/kW), 2006–2020 ............................. 95

Figure 31 Wind Turbine Rotor Blades Market, Spain, Market Size ($m), 2006–2020 .................................... 97

Figure 32 Wind Turbine Rotor Blades Market, Spain, Number of Blade Repairs, 2006–2020 ....................... 99

Figure 33 Wind Turbine Rotor Blades Market, Spain, Blade Repair Market Size ($m), 2006–2020............. 101

Figure 34 Wind Turbine Rotor Blades Market, UK, Number of Blades Installed, 2006–2020 ...................... 104


Table of Contents



Figure 35 Wind Turbine Rotor Blades Market, UK, Share of Onshore and Offshore Installation of Blades (%),

2006–2020 ................................................................................................................................ 106

Figure 36 Wind Turbine Rotor Blades Market, UK, Average Price ($/kW), 2006–2020 ............................... 108

Figure 37 Wind Turbine Rotor Blades Market, UK, Market Size ($m), 2006–2020 ...................................... 110

Figure 38 Wind Turbine Rotor Blades Market, UK, Number of Blade Repairs, 2006–2020 ......................... 112

Figure 39 Wind Turbine Rotor Blades Market, UK, Blade Repair Market Size ($m), 2006–2020................. 114

Figure 40 Wind Turbine Rotor Blades Market, China, Number of Blades Installed, 2006–2020 .................. 118

Figure 41 Wind Turbine Rotor Blades Market, China, Share of Onshore and Offshore Installation of Blades

(%), 2006–2020 ......................................................................................................................... 120

Figure 42 Wind Turbine Rotor Blades Market, China, Average Price ($/kW), 2006–2020 ........................... 122

Figure 43 Wind Turbine Rotor Blades Market, China, Market Size ($bn), 2006–2020 ................................ 124

Figure 44 Wind Turbine Rotor Blades Market, China, Number of Blade Repairs, 2006–2020 ..................... 127

Figure 45 Wind Turbine Rotor Blades Market, China, Blade Repair Market Size ($m), 2006–2020 ............ 129

Figure 46 Wind Turbine Rotor Blades Market, India, Number of Blades Installed, 2006–2020 .................... 133

Figure 47 Wind Turbine Rotor Blades Market, India, Average Price ($/kW), 2006–2020 ............................ 135

Figure 48 Wind Turbine Rotor Blades Market, India, Market Size ($m), 2006–2020 ................................... 137

Figure 49 Wind Turbine Rotor Blades Market, India, Number of Blade Repairs, 2006–2020 ...................... 139

Figure 50 Wind Turbine Rotor Blades Market, India, Blade Repair Market Size ($m), 2006–2020 .............. 141




Introduction

2 Introduction

2.1 Wind Power Technology

A wind turbine is a device which converts kinetic energy from wind into electricity. Wind turbines

are also known as a wind generator, Wind Turbine Generator (WTG), wind power unit, wind energy

converter or an aero generator.

According to design, wind turbines are broadly classified into two types:

Horizontal Axis Wind Turbine (HAWT)

Vertical Axis Wind Turbine (VAWT)

The HAWT is the most common and simplest type of wind turbine. Today, the majority of wind

turbines operate on a horizontal axis with three blades that are attached to a rotor from which the

electricity is transferred to a generator though a gearbox, both of which are contained in a nacelle.

Some turbines do not have gearboxes and transfer electricity directly to the generator. Electricity is

then transmitted to the transformer and fed into the grid through transmission lines, resulting in

efficient and cost-effective turbine technology.

The VAWT is not very popular due to its lower efficiency, making it largely sourced by individual

inventors. The technology arranges the main rotor shaft of turbines vertically. To date, the most

commonly used wind turbine for commercial purposes is the HAWT.

2.2 Wind Turbine Rotor Blade Technology

Rotor blades form a very important part of a wind turbine as they are the components that capture

wind power and cause the turbine to rotate. This rotational motion is then converted into electric

power.

The blades are fitted into a hub which is then fixed to the front of the nacelle of the WTG. The

length of each blade is considered the radius of the rotor of the WTG. The rotor diameter, which is

about twice the length of the rotor blade, is a very important factor and greatly affects overall

efficiency of the turbine.




Introduction

2.4 GlobalData Report Guidance

The report begins with an executive summary which gives a snapshot of the key indicators in

the wind turbine rotor blade and wind power market.

Chapter two is an introduction to the market and provides a brief overview of wind power

technology and the value chain of the industry. The chapter also provides a detailed overview

of the types of wind turbine rotor blades and manufacturing processes and a cost analysis of

wind turbine rotor blades.

Chapter three provides an overview of the global market for wind turbine rotor blades and

examines several parameters of the global wind turbine rotor blade market such as annual

installations, the average price of rotor blades and market value.

Chapters four through 10 give the historical (2006–2011) and forecast (2012–2020) annual

additions of wind turbine rotor blades, market size and average price, for the major countries –

Germany, Spain, UK, US, Canada, China and India. It also provides a comparison of rotor

blade sizes in 2006 and 2011.


Wind Turbine Rotor Blade Market, Global



3.3 Wind Turbine Rotor Blade Market, Global, Cost Analysis, 2011

Rotor blades that are made of a composite of fiber glass and polyester resins within a PVC

sandwich is the most common type of blade currently manufactured. The price of a set of such

rotor blades is estimated as being XX% of the total price of the turbine. It is very important for the

WTG manufacturer to choose the optimum length of the blade, considering the marginal increase

in output power for the marginal increase in rotor diameter. For a turbine of a certain power rating,

as the blade length increases beyond a point the marginal power (extra power) decreases. This is

how the optimum rotor diameter for a particular turbine is determined (EWEA, 2009).

The following chart shows the break-up of the cost of a wind turbine rotor blade by component and

process.

Figure 2 Wind Turbine Rotor Blades Market, Global, Cost Share of Component (%), 2013

Resins

Fiberglass

PVC

Process

Source: GlobalData

Table 2: Wind Turbine Rotor Blades Market, Global, Cost Share of Component (%), 2013

Component Share of production cost

Resins

Fiberglass

PVC

Process

Source: GlobalData




Wind Turbine Rotor Blade Market, Germany

6.3 Wind Turbine Rotor Blade Market, Germany, Market Segmentation

Germany has very ambitious offshore wind development plans. This is due, in part, to the

unavailability of good wind sites and also to the need to make use of the higher wind currents

offshore where turbines of greater capacities can be used to generate power. These plans have

already been put to effect, with more than XX MW offshore wind capacity installed during 2009–

2012.

From 2014 to 2020, the share of offshore wind power of the total wind power installed annually is

set to increase and reach XX% in 2020.

The following chart shows the split between annual onshore and offshore wind installations in

Germany over the 2006–2020 period.

Figure 23 Wind Turbine Rotor Blades Market, Germany, Share of Onshore and Offshore Installation of Blades (%), 2006–2020

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Perc

enta

ge s

hare

(%

)

Offshore Onshore Source: GlobalData




Wind Turbine Rotor Blade Market, Germany

Table 23: Wind Turbine Rotor Blades Market, Germany, Share of Onshore and Offshore Installation of Blades (%), 2006–2020

Year Onshore blades Offshore blades

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Source: GlobalData


Wind Turbine Rotor Blade Market, China



9.5 Wind Turbine Rotor Blade Market, China, Market Size, 2006–2020

The market size of the wind turbine rotor blade market in China increased rapidly from 2006 to

2010, following the same trend as the number of units installed. Although the unit price was low in

2010, the market value was at its highest at around $XX billion due to the very high number of units

installed in that year. The market size fell slightly in 2012 to less than $XX billion. It is expected to

increase slightly to $XX billion in 2014 and then continue to grow to $XX billion in 2020.

The following chart shows the size of the wind turbine rotor blade market in China for the 2006–

2020 period.

Figure 43 Wind Turbine Rotor Blades Market, China, Market Size ($bn), 2006–2020

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Mar

ket s

ize

($bn

)

Source: GlobalData


Wind Turbine Rotor Blade Market, China



Table 43: Wind Turbine Rotor Blades Market, China, Market Size ($bn), 2006–2020

Year Market size

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Source: GlobalData


Appendix



11 Appendix

11.1 Abbreviations

Table 51: Abbreviations Abbreviation Definition

CO2 Carbon dioxide

EU European Union

FiT Feed In Tariff

GW Gigawatt

HAWT Horizontal Axis Wind Turbine

IREDA Indian Renewable Energy Development Agency

kW Kilowatt

MW Megawatt

O&M Operation and Maintenance

OEM Original Equipment Manufacturer

PTC Production Tax Credit

PVC Polyvinyl Chloride

R&D Research and Development

RPS Renewable Portfolio Standard

RTM Resin Transfer Molding

SCRIMP Seeman Composites Resin Infusion Molding Process

SHFRP Shanghai FRP Research Institute

SPRINT SP Resin Infusion Technology

TECSIS Tecnologia e Sistemas Avançados

UNFCCC United Nations Framework Convention on Climate Change

VARTM Vacuum Assisted Resin Transfer Molding

VAWT Vertical Axis Wind Turbine

WTG Wing Turbine Generator

Source: GlobalData


Appendix



11.2 Sources

AWEA (2011). Offshore Wind. American Wind Energy Association. Available from:

http://www.awea.org/learnabout/offshore/index.cfm [Accessed on August 10, 2013]

Areva (2011). Energy Business Online. Areva. Available from:

http://www.areva.com/globaloffer/liblocal/docs/EnergyBusiness/Energy%20Business%2010/pri

nt_3.html [Accessed on December 9, 2013]

CANWEA (2010). Wind Matters. Canadian Wind Energy Association. Available from:

http://www.canwea.ca/events/windmatters10_e.php [Accessed on December 10, 2013]

EWEA (2009). The Economics of Wind Energy. European Wind Energy Association. Available

from:

http://www.ewea.org/fileadmin/ewea_documents/documents/00_POLICY_document/Economic

s_of_Wind_Energy__March_2009_.pdf

Gurit (2010) Wind Energy Handbook – Blade Manufacturing Processes. Gurit Services.

Available from: http://www.gurit.com/files/documents/4_Blade_Processes.pdf

GWEC (2010). China Wind Power Outlook. Global Wind Energy Council. Available from:

http://www.gwec.net/fileadmin/documents/test2/wind%20report0919.pdf

GWEC (2011). India Wind Power Outlook. Global Wind Energy Council. Available from:

http://www.gwec.net/fileadmin/images/India/IWEO_2011_FINAL_April.pdf

IREDA (2011). Annual Report 2010-11. Indian Renewable Energy Development Authority.

Available from: http://www.ireda.gov.in/pdf/Annual_Report2010-11Eng.pdf

Wood K (2012). “Wind Turbine Blades: Glass Vs Carbon Fiber”, Composites World, May 31,

2012. Available from: http://www.compositesworld.com/articles/wind-turbine-blades-glass-vs-

carbon-fiber [Accessed on December 1, 2013]

WRI (2011). Power Surge: Energy use and emissions continue to rise. World Resources

Institute. Available from: http://www.wri.org/publication/content/8601 [Accessed on August 10,

2013]


Appendix



11.3 Research Methodology

GlobalData’s dedicated research and analysis teams consist of experienced professionals with a

pedigree in market research, a background in consulting, and advanced statistical expertise in the

energy industry.

GlobalData’s research methodology for this report mainly consists of primary and secondary

research.

11.3.1 Secondary Research

The research process begins with exhaustive secondary research on internal and external sources

carried out to source qualitative and quantitative information relating to each market.

The secondary research sources that are typically referred to include, but are not limited to:

Company websites: whitepapers, press releases, news and annual reports

Industry trade journals, magazines and other literature: news articles and research studies

Industry associations, energy agencies and other government bodies

Internal proprietary databases such as our alternative energy eTrack and power eTrack

Information related to average price of rotor blades, production capacity and actual production of

rotor blade manufacturers individually and collectively in each country, has been obtained through

extensive secondary research.

11.3.2 Primary Research

GlobalData conducts extensive primary interviews with industry participants and commentators in

order to validate its data and analysis.

A typical research interview is conducted to fulfill the following functions:

To get the interviewee’s perspective on the market size, market trends, growth trends,

competitive landscape, and future outlook

To validate secondary research findings

To further develop the analysis team’s expertise and market understanding


Appendix



Key representatives of independent rotor blade manufacturing companies and WTG manufacturing

companies have been interviewed in order to perform the cost analysis of wind turbine rotor blades

and also to validate data and analysis of average price, production capacity and production

numbers of companies which have further been used in calculating market shares.

11.3.3 Market Estimates and Assumptions

The following are the data points that are estimated or sourced through primary and secondary

research.

Annual rotor blade installations:

First, the annual turbine installations of key countries and the world were calculated by dividing the

annual capacity installed in that region with the average individual turbine size corresponding to

that region during the corresponding time. Then, the numbers of annual rotor blade installations

were calculated by multiplying the number of towers by three as a majority of wind turbines use

three rotor blades. The installed capacities have been extracted from GlobalData’s proprietary

database, which is continuously updated with historic, current and forecast numbers. These

updates are made through extensive primary and secondary research and by contacting several

industry associations and government energy agencies. The average turbine sizes are extracted

from GlobalData’s asset sheets which are lists of wind farms in all major countries and several

details of each wind farm.

Rotor Diameters:

Rotor diameters in different countries are extracted from GlobalData’s asset sheets which cover

several details of wind farms in all major countries and track changes and new additions constantly.

Average price:

Average prices of wind turbine rotor blades in different countries are calculated as certain

percentage of the turbine price and then verified while interviewing representatives of rotor blade

manufacturing companies. Turbine prices in different countries are gathered through extensive

primary research with turbine manufacturing companies.


Appendix



11.4 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any

form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior

permission of the publisher, GlobalData.

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