Home Press Releases Wind Turbine Forging Market to reach USD 12.19 Billion by 2029 at a growth rate of 7.5 percent over the forecast period

Wind Turbine Forging Market to reach USD 12.19 Billion by 2029 at a growth rate of 7.5 percent over the forecast period

by Press Room


(EMAILWIRE.COM, November 28, 2023 )
As per Maximize Market research, the Wind Turbine Forging Market was USD 7.35 Bn in 2022 and is expected to grow at a CAGR of 7.5 percent over the forecast period to reach USD 12.19 Bn by 2029.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/219987

Wind Turbine Forging Market Report Scope and Research Methodology

The report provides analysis through segments such as type, component and application along with their multiple sub-segments. It also includes mergers and acquisitions by major key companies in the market. The bottom-up approach was used to estimate the size of the market. Primary and secondary research methods were used to gather data, which was later analyzed by SWOT and PESTLE analysis.

Wind Turbine Forging Market Dynamics

The global emphasis on reducing carbon emissions and adopting clean energy is propelling the wind turbine forging market. The European Union’s renewable energy goals and advancements in turbine technology, such as larger designs such as GE’s Haliade-X, are fueling demand for specialized, high-strength forged components driving the industry’s evolving needs.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/219987

Wind Turbine Forging Market Regional Insights

Europe is expected to dominate the Wind Turbine Forging Market since the countries aim to become independent in energy requirements along with constant advancement efforts. These factors are driving the region’s growth.

Wind Turbine Forging Market Segmentation

By Type

Open Die Forging

Closed Die Forging

Seamless Rolled Ring

By Component

Flanges

Gears

Shafts

Blades

Bearings

Others

By Application

Onshore Installations

Offshore Installations

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/219987

Wind Turbine Forging Market Key Competitors include:

Bharat Forge Limited

Broadwind Energy Inc

Bruck GmbH,

Celsa Armeringsstal AS

CIE Automotive S.A.

Euskalforging Group

Farinia Group

Frisa Industrias SA de CV.

Maximize Market Research is leading Energy and Power research firm, has also published the following reports:

Wind Turbine Tower Market– The market size is expected to reach USD 53.22 Bn by 2029 at a CAGR of 7.90 percent during the forecast period.

Window Coverings Market– The market size is expected to reach USD 57.78 Bn by 2029 at a CAGR of 8 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.



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