Wind Turbine Forging Market Scope And Analysis

  • Report Code : TIPRE00029781
  • Category : Manufacturing and Construction
  • No. of Pages : 150
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Wind Turbine Forging Market Scope, Growth, Size and Share by 2031

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Wind Turbine Forging Market Report Scope

Report Attribute Details
Market size in 2023 US$ 7,762.64 Million
Market Size by 2031 US$ 14,672.81 Million
Global CAGR (2023 - 2031) 8.3%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Seamless Rolled Ring and Open Die Forging
By Component
  • Flanges
  • Blades
  • Bearings
  • Gears
  • Shafts
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Scot Forge Co
  • Frisa Industrias SA de CV
  • Iraeta Energy Equipment Co Ltd
  • ULMA Forja S Coop
  • Celsa Armeringsstal AS
  • Bharat Forge Ltd
  • Specialty Ring Products Inc
  • Tongyu Heavy Industry Co Ltd
  • Gerdau Summit
  • Bruck GMBH
  • Wind Turbine Forging Market News and Recent Developments

    The wind turbine forging market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the wind turbine forging market are listed below:

    • The Moray West offshore wind project flanges were successfully shipped from Iraeta. It is understood that the flanges will be used for the Moray West offshore wind project in Scotland, which uses SGRE 14 MW wind turbines. Iraeta has undertaken all 62 sets of TP flanges and 30 sets of MPS for the project, totaling 152 flanges. (Source: Iraeta Energy Equipment Co Ltd, Press Release, November 2022)
    • Bharat Forge commences supply of forgings utilizing Green Steel, reinforcing the company's commitment to reduce carbon footprint. (Source: Bharat Forge, Press Release, December 2022)

    Wind Turbine Forging Market Report Coverage and Deliverables

    The “Wind Turbine Forging Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Wind turbine forging market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Wind turbine forging market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Wind turbine forging market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the wind turbine forging market
    • Detailed company profiles