Wind Turbine Rotor Blade Market Size, Share, and Trends 2024 to 2034

The global wind turbine rotor blade market size is calculated at USD 25.54 billion in 2025 and is forecasted to reach around USD 55.04 billion by 2034, accelerating at a CAGR of 8.92% from 2025 to 2034. The Asia Pacific wind turbine rotor blade market size surpassed USD 12.00 billion in 2025 and is expanding at a CAGR of 9.03% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 3847
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Wind Turbine Rotor Blade Market 

5.1. COVID-19 Landscape: Wind Turbine Rotor Blade Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Wind Turbine Rotor Blade Market, By Location of Deployment

8.1. Wind Turbine Rotor Blade Market, by Location of Deployment

8.1.1. Onshore

8.1.1.1. Market Revenue and Forecast

8.1.2. Offshore

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Wind Turbine Rotor Blade Market, By Blade Material

9.1. Wind Turbine Rotor Blade Market, by Blade Material

9.1.1. Carbon Fiber

9.1.1.1. Market Revenue and Forecast

9.1.2. Glass Fiber

9.1.2.1. Market Revenue and Forecast

9.1.3. Others

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Wind Turbine Rotor Blade Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Location of Deployment

10.1.2. Market Revenue and Forecast, by Blade Material

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Location of Deployment

10.1.3.2. Market Revenue and Forecast, by Blade Material

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Location of Deployment

10.1.4.2. Market Revenue and Forecast, by Blade Material

10.2. Europe

10.2.1. Market Revenue and Forecast, by Location of Deployment

10.2.2. Market Revenue and Forecast, by Blade Material

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Location of Deployment

10.2.3.2. Market Revenue and Forecast, by Blade Material

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Location of Deployment

10.2.4.2. Market Revenue and Forecast, by Blade Material

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Location of Deployment

10.2.5.2. Market Revenue and Forecast, by Blade Material

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Location of Deployment

10.2.6.2. Market Revenue and Forecast, by Blade Material

10.3. APAC

10.3.1. Market Revenue and Forecast, by Location of Deployment

10.3.2. Market Revenue and Forecast, by Blade Material

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Location of Deployment

10.3.3.2. Market Revenue and Forecast, by Blade Material

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Location of Deployment

10.3.4.2. Market Revenue and Forecast, by Blade Material

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Location of Deployment

10.3.5.2. Market Revenue and Forecast, by Blade Material

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Location of Deployment

10.3.6.2. Market Revenue and Forecast, by Blade Material

10.4. MEA

10.4.1. Market Revenue and Forecast, by Location of Deployment

10.4.2. Market Revenue and Forecast, by Blade Material

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Location of Deployment

10.4.3.2. Market Revenue and Forecast, by Blade Material

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Location of Deployment

10.4.4.2. Market Revenue and Forecast, by Blade Material

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Location of Deployment

10.4.5.2. Market Revenue and Forecast, by Blade Material

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Location of Deployment

10.4.6.2. Market Revenue and Forecast, by Blade Material

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Location of Deployment

10.5.2. Market Revenue and Forecast, by Blade Material

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Location of Deployment

10.5.3.2. Market Revenue and Forecast, by Blade Material

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Location of Deployment

10.5.4.2. Market Revenue and Forecast, by Blade Material

Chapter 11. Company Profiles

11.1. TPI Composites Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Nordex SE

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Siemens Gamesa Renewable Energy, S.A.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. MFG Wind

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Sinoma wind power blade Co. Ltd

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Aeris Energy

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Suzlon Energy Limited

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. LM Wind Power

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Vestas Wind Systems A/S

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global wind turbine rotor blade market size is expected to increase USD 55.04 billion by 2034 from USD 23.42 billion in 2024.

The global wind turbine rotor blade market will register growth rate of 8.92% between 2025 and 2034.

The major players operating in the wind turbine rotor blade market are TPI Composites Inc., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd, Nordex SE, Siemens Gamesa Renewable Energy, S.A., MFG Wind, Sinoma wind power blade Co. Ltd, Aeris Energy, Suzlon Energy Limited, LM Wind Power, Vestas Wind Systems A/S, General Electric, Suzlon Energy Limited, Enercon GmbH, Acciona S.A., Avangrid Inc., LM Wind Power, Suzlon Energy Ltd, Envision Group, and Others.

The driving factors of the wind turbine rotor blade market are the increasing demand for electricity and the expansion of the wind energy industry.

Asia Pacific region will lead the global wind turbine rotor blade market during the forecast period 2025 to 2034.

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