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市场调查报告书
商品编码
1619510

按材料类型、尺寸、应用、地区、机会和预测对印度风力涡轮机转子叶片市场进行评估(2018 年至 2032 年)

India Wind Turbine Rotor Blade Market Assessment, By Material Type, By Size, By Application, By Region, Opportunities and Forecast, FY2018-FY2032F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 127 Pages | 商品交期: 3-5个工作天内

价格

印度风力涡轮机转子叶片市场规模预计将从 2024 年的 20.5 亿美元增长到 2032 年的 38.6 亿美元,在 2025-2032 年预测期内的复合年增长率为 8.23%。近年来市场表现出显着的成长,预计未来仍将保持强劲的扩张步伐。

由于向再生能源的转变、风力涡轮机技术的进步、对陆上风电项目的投资增加以及政府对国内生产的支持等多种因素,预计市场将大幅增长。印度正在探索新技术,以增加风能领域的再生能源发电,从而推动风电叶片技术的进步,成为有效利用风能资源的可行解决方案。

公共和私营部门正在投资建设新的风力发电项目併升级旧的风力发电系统,以满足该国对再生能源日益增长的需求。此外,政府和上级部门推出的支持性和鼓励性政策对于未来几年扩大风力涡轮机转子叶片的市场规模至关重要。

此外,旋翼叶片技术的改进使其在各种环境下具有更高的稳定性和性能。各国政府正在考虑部署海上风力涡轮机项目,预计这将在预测期内为风力涡轮机转子叶片市场创造更多机会。此外,风力涡轮机公司正在合作使用创新的叶片技术,以降低维护成本并使专案更具成本效益,预计这将在未来几年进一步推动风力涡轮机转子叶片市场的成长。

例如,根据全球风能理事会的数据,印度的离岸风电市场预计将在2027 年加速发展,年装置容量将从2022 年的1.8 吉瓦成长到2024 年的3.7 吉瓦。年达到570 万千瓦。总体而言,印度风电市场在 2023-2027 年期间提供了 21.2 吉瓦的安装机会。这一发展凸显了未来几年对风力涡轮机转子叶片的需求不断增加。

本报告对印度风力涡轮机转子叶片市场进行了深入分析,包括市场规模、预测、市场动态和参与者概况。

目录

第 1 章 专案范围与定义

第 2 章 研究方法

第 3 章执行摘要

第 4 章 顾客回馈

  • 受访者人口统计
  • 购买决策中考虑的因素
    • 成本
    • 效果
    • 耐用性
    • 发电能力 刀片材质

第 5 章。
  • 市场规模分析及预测
    • 金额
  • 市占率分析与预测
    • 依材料类型
    • 依尺寸
    • 依用途
    • 按地区
    • 市占率分析:依公司(价值)(前 5 名及其他 - 2024 财年)
  • 市场地图分析(2024 财年)
    • 依材料类型
    • 依尺寸
    • 依用途
    • 按地区

第 6 章 波特五力分析

第 7 章 PESTLE 分析

第 8 章 市场动态

  • 市场推动因素
  • 市场课题

第 9 章 市场趋势与发展

第 10 章个案研究

第 11 章 竞争格局

  • 五大市场领导者的竞争矩阵
  • 前 5 家公司的 SWOT 分析
  • 十大主要公司的现状
    • Suzlon Energy Limited
    • Vestas Wind Technology India Private Limited
    • Inoxwind Limited
    • RRB Energy Limited
    • LM Wind Power Blades (India) Private Limited
    • Senvion India Private Limited
    • Wind World (India) Ltd.
    • Sany Heavy Industry India Private Limited
    • JSW Energy Limited
    • Indutch Composites Technology Private Limited

第 12 章 策略建议

第 13 章 关于我们,免责声明

Product Code: MX12475

India wind turbine rotor blade market is projected to witness a CAGR of 8.23% during the forecast period FY2025- FY2032F, growing from USD 2.05 billion in FY2024 to USD 3.86 billion in FY2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

The wind turbine rotor blade market is poised for substantial growth due to several factors such as renewable energy transition, technological advancements in wind turbines, rising investments in onshore wind projects and government support for domestic production significantly drive the market growth over the coming years. India is looking for new technologies to increase renewable energy generation from the wind energy sector and bring advancement in the rotor blades, which is becoming a viable solution for harnessing wind resources effectively.

Both public and private sectors are involved in investments in building new wind projects and updating old wind systems to fulfill the rising demand for renewable energy in the country. In addition, the government and higher authorities are introducing supportive policies and incentive plans, which are crucial in driving the wind turbine rotor blade market size in the coming years.

Furthermore, improvements in rotor blade technologies enable better stability and performance in different environments. The government is looking to deploy wind turbine projects at offshore locations, which will further create opportunities for the wind turbine rotor blade market in the forecast period. In addition, wind turbine companies are looking to collaborate to use innovative blade technology to lower maintenance and increase the cost-effectiveness of the projects, which will further boost the growth of the wind turbine rotor blade market in the coming years.

For instance, as per the Global Wind Energy Council, the Indian offshore wind market is expected to accelerate towards 2027 with annual installations increasing from 1.8 GW in 2022 to 3.7 GW in 2024 and a target to reach 5 GW in 2025. Overall, India's wind market offers an opportunity for 21.2 GW of installations from 2023-2027. This development highlights the rise in the demand for wind turbine rotor blades in the coming years.

Rising investment in Renewable Energy Amplifying the Market Growth

The increase in focus on shifting towards renewable sources of energy to combat global warming and decrease carbon emissions through environmental factors is fuelling investment in renewable sources of energy, such as wind power. The increase in investment in renewable energy sources in the country has led to a surge in the production of wind turbine rotor blades. The ambitious targets set such as net zero emissions and less carbon emissions have been leading people to opt for renewable energy solutions, thus raising the demand for high-quality rotor blades for wind turbines across the market to achieve the objective.

The rotor blades are a critical component in the wind turbine system. The efficient rotor blades are able to harness wind energy which assists the system to generate more renewable energy at a cost-effective rate. Moreover, India is looking for diverse ways to generate renewable energy which help to address energy demands and contribute significantly to sustainability goals and economic resilience. Currently, the country has vast untapped potential for wind energy which creates a positive outlook for the expansion of the wind power market, hence, driving the growth of the wind turbine rotor blade market in coming years. In addition, India is looking to invest in wind energy generation projects in different geographic of the country to boost renewable energy generation which contribute to the growth of the wind turbine rotor blade market.

For instance, in November 2024, as per the New and Renewable Energy Ministry, the installed capacity of wind energy in October 2023 was 44.29 GW, which increased to 47.72 GW in October 2024 at an increasing rate of 7.8%. Furthermore, investment in wind projects is increasing, which will drive the demand for wind turbine rotor blades in the market.

Adoption of Technological Advancements Proliferating Market Size

The demand for rotor blades is significantly increasing in the renewable energy sector due to the adoption of advanced technologies for the designing and manufacturing of wind turbine rotor blades. The innovative technology helps the manufacturer in the production of advanced aerodynamic rotor blade modes which are capable of optimizing wind capture and increase the renewable energy generations. The innovations in blade design focus on maximizing lift while minimizing drag, which leads to higher energy output from the wind turbine. Moreover, the advanced technology is able to design longer blades for the larger turbines which can reach up to 100 meters or more, allowing turbines to harness more wind energy.

The advanced technology in blade manufacturing includes the use of lightweight and durable materials such as carbon fiber which enhances rotor efficiency and power generation performance. The lightweight blades are made of strong composite materials which reduce the overall weight of blades without compromising strength. The adoption of innovative materials and techniques for larger blade production helps the turbine to operate efficiently under various wind conditions. The adoption of innovative techniques makes wind energy more competitive compared to other sources of energy.

Furthermore, the adoption of manufacturing techniques which include automated processes and advanced tooling assists in reducing production time and costs which makes the market more competitive with others. The upcoming changes in production techniques will increase the demand for advanced rotor blades to support renewable energy production goals in the coming years.

Thus, the adoption of advanced materials and techniques in blade production will drive the wind turbine rotor blade market trends in the coming years.

For instance, February 2023, Vestas India have presented a new solution that renders epoxy-based turbine blades as circular, without the need for changing the design and help in the production of large blades for wind turbine. This development will help in the market growth in near future.

Government Initiatives and Policies Create Market Opportunity

The Indian government is looking to implement new policies and come up with an initiative which aimed at uplifting the production of wind turbine rotor blades, thereby enhancing the overall wind energy sector in the coming years. Government and higher authorities have commenced various subsidies and financial assistance programs and plans for manufacturers to invest in wind energy technologies which include rotor blades, towers, and nacelle. The incentives offered by the government help lower initial investment costs and improve the profitability of the manufacturers.

Furthermore, the government is looking at various policies to facilitate the repowering of older wind turbines. The policy includes upgrading rotor blades to enhance the capacity and efficiency of the wind turbine which drives demand for new rotor blade technologies in the market. In addition, The Ministry of New and Renewable Energy (MNRE) looking to invest in renewable energy projects including wind energy capacity. The rise in government investment will help the manufacture of forward-looking plans for production schedules in the coming years.

Moreover, the Indian government is promoting the adoption of wind energy and creating a variety of initiatives and plans for developing offshore wind projects, which are expected to unlock significant potential demand for the wind turbine rotor blads market in the forecast period.

For instance, the government provides concessional custom duty certificates (CCDCs) to manufacture the production of critical components required for the wind turbine sector. The main of certificates is to reduce the cost of imported materials necessary to produce rotor blades. The initiative helps to encourage domestic manufacturing in the country.

For instance, as per the India wind power, the Government of India has announced a laudable Renewable Energy target of 500 GW by 2030 out of which 140 GW will be coming from wind power. Reaching the wind power target will require an addition of more that 5GW per annum in the country. This development supports the growth of wind turbine rotor blade market in the coming years.

Onshore Segment to Dominate the Market Share

Onshore wind projects have a high investment in the current and forecast period which makes the segment dominate the market. Several reasons are supporting the growth of onshore wind projects which include favourable policies and technological advancements which will increase the renewable energy generation. The government offers several financial incentives for the development of onshore wind projects, which in turn makes the investments attractive for the developers.

Besides, the future policies including the renewable purchase obligation mandate the utility sector to purchase a specific percentage of energy from onshore wind energy plants which boosts the onshore wind turbine market. Furthermore, the National Wind-Solar Hybrid Policy encourages the integration of onshore wind and solar power projects to optimize resource utilization which further continues the demand for efficient wind turbine rotor blades in the market.

West and Central Regions Lead the Wind Turbine Rotor Blades Market

West and Central regions dominate the market share of wind turbine rotor blades market and will likely continue during the forecast period. As the government promotes renewable development to meet the climate target and reduce carbon emissions, it is further encouraging wind energy projects to develop across the region which leads to the growth of the market for wind turbine rotor blades. Significant investment in wind energy generation technologies is also undertaken by the state government to increase investments also boost financial incentives and grants in areas. Investment from both local and international sources is coming in the wind power projects which fuels up the market expansion for the rotor blades within the wind turbine region.

Moreover, collaboration between government agencies and private organizations has resulted in the development of many wind projects that have further stimulated the rotor blades market in the region.

Future Market Scenario (FY2025 - FY2032F)

Massive investments in wind energy technologies are creating the wind turbine rotor blade market growth in coming years.

Governments are focusing on investment and modernizing the wind power plant which fosters market growth in the forecast period.

Ongoing technological innovations are enhancing the efficiency and reliability of wind turbine blades which creates the opportunity for the market.

A rise in investment in both onshore and offshore wind projects will contribute to the rise in demand for wind turbine rotor blades in the market.

Key Players Landscape and Outlook

The market participants in wind turbine rotor blades are facing fierce competition to gain a competitive edge. Companies are investing a hefty sum towards the technological advancements of wind turbine rotor blades and forming strategic alliances to properly exploit networks and cost-cutting measures. The competitive environment fosters ongoing enhancement and innovation, enabling firms to address the increasing demand more effectively for sustainable energy solutions while optimizing the use of wind turbine rotor blades.

For instance, in October 2024, JSW Energy Limited decided to enter into a technology licensing agreement with SANY Renewable Energy Co. Ltd for the manufacturing of wind turbine blades in India for captive usage. This development showcases the adoption of new technology for the production of wind turbine rotor blades being exchanged between the companies.

For instance, in March 2023, Vestas and Vibrant Energy signed an agreement to establish two wind projects in India. Vestas will supply a total of 36 V155-3.6 MW turbines. This development highlights the Vestas continues to solidify its position as a reliable and trusted partner in sustainable energy solutions in India.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Respondent Demographics
  • 4.2. Factors Considered in Purchase Decisions
    • 4.2.1. Cost
    • 4.2.2. Efficacy
    • 4.2.3. Durability
    • 4.2.4. Capacity
    • 4.2.5. Blade Material

5. India Wind Turbine Rotor Blade Market Outlook, FY2018-FY2032F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Material Type
      • 5.2.1.1. Glass Fibre
      • 5.2.1.2. Carbon Fibre
      • 5.2.1.3. Others
    • 5.2.2. By Size
      • 5.2.2.1. Up-to 27 Meters
      • 5.2.2.2. 28-37 Meters
      • 5.2.2.3. 38-50 Meters
      • 5.2.2.4. More Than 50 Meters
    • 5.2.3. By Application
      • 5.2.3.1. Onshore
      • 5.2.3.2. Offshore
    • 5.2.4. By Region
      • 5.2.4.1. North
      • 5.2.4.2. South
      • 5.2.4.3. East
      • 5.2.4.4. West and Central
    • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
  • 5.3. Market Map Analysis, FY2024
    • 5.3.1. By Material Type
    • 5.3.2. By Size
    • 5.3.3. By Application
    • 5.3.4. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

  • 8.1. Market Drivers
  • 8.2. Market Challenges

9. Market Trends and Developments

10. Case Studies

11. Competitive Landscape

  • 11.1. Competition Matrix of Top 5 Market Leaders
  • 11.2. SWOT Analysis for Top 5 Players
  • 11.3. Key Players Landscape for Top 10 Market Players
    • 11.3.1. Suzlon Energy Limited
      • 11.3.1.1. Company Details
      • 11.3.1.2. Key Management Personnel
      • 11.3.1.3. Products and Services
      • 11.3.1.4. Financials (As Reported)
      • 11.3.1.5. Key Market Focus and Geographical Presence
      • 11.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 11.3.2. Vestas Wind Technology India Private Limited
    • 11.3.3. Inoxwind Limited
    • 11.3.4. RRB Energy Limited
    • 11.3.5. LM Wind Power Blades (India) Private Limited
    • 11.3.6. Senvion India Private Limited
    • 11.3.7. Wind World (India) Ltd.
    • 11.3.8. Sany Heavy Industry India Private Limited
    • 11.3.9. JSW Energy Limited
    • 11.3.10. Indutch Composites Technology Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

12. Strategic Recommendations

13. About Us and Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Wind Turbine Rotor Blade Market, By Value, In USD Billion, FY2018-FY2032F
  • Figure 2. India Wind Turbine Rotor Blade Market Share (%), By Material Type, FY2018-FY2032F
  • Figure 3. India Wind Turbine Rotor Blade Market Share (%), By Size, FY2018-FY2032F
  • Figure 4. India Wind Turbine Rotor Blade Market Share (%), By Application, FY2018-FY2032F
  • Figure 5. India Wind Turbine Rotor Blade Market Share (%), By Region, FY2018-FY2032F
  • Figure 6. By Material Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 7. By Size Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 8. By Application Map-Market Size (USD Billion) & Growth Rate (%), FY2024
  • Figure 9. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024