Wind Turbine Forging Market Scope, Growth, Size and Share by 2031
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
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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