Wind Turbine Forging Market Forecast to 2028

Wind Turbine Forging Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Seamless Rolled Ring and Open Die Forging) and Component (Flanges, Blades, Bearings, Gears, Shafts, and Others)

Report Code : TIPRE00029781 | Region : Global | Industry : Manufacturing and Construction | Published Date : 05/Dec/2022

The wind turbine forging market is expected to grow from US$ 7,286.13 million in 2022 to US$ 11,154.14 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2022 to 2028.

Computer-aided engineering (CAE) is gaining rapid adoption in forging, a manufacturing process that produces the desired shape of a component by applying impact load on the metal. The use of CAE technology in the forging industry has significantly reduced the lead time and errors during product manufacturing. Small and medium-scale industries are adopting CAE technology to help in the forging of blades for turbine applications. It has a cost-effective interface and results in minimal failures during production, making the process more efficient. The CAE technology is highly applicable in the designing and manufacturing forged parts of wind turbines. In addition, many computer programs help predict the load, the optimum die design, and the best preform position before forging. Special purpose programs help with the numerical-control machining of forging parts.

CAE is playing a vital role in advancing the global wind energy sector by addressing harsh environmental conditions in the design phase. Advanced CAE software allows engineers to overcome many challenges regarding securing turbine platforms before construction. This streamlines the overall timeline of the project and ensures the long-term viability of these structures. The CAE technology provides innovative designs that maximize the efficiency of the turbines and enable wind towers to adjust reactively to capture wind at appropriate angles to maximize power. Integrating CAE technology with wind turbine forged parts during the manufacturing process increases effectiveness and lowers overall costs, which are expected to fuel the wind turbine forging market growth in the coming years.

The global wind turbine forging market is segmented into type and component. Based on type, the global wind turbine forging market is bifurcated into seamless rolled ring and open die forging. Based on component, the global wind turbine forging market is segmented into flanges, blades, bearings, gears, shafts, and others.

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; Bruck GmbH; Tongyu Heavy Industry Co., Ltd; and Gerdau Summit Aços Fundidos e Forjados SA are among the key players operating in the wind turbine forging market. Several other market players were analyzed during this market research study to get a holistic view of the wind turbine forging market and its ecosystem. The wind turbine forging market size report provides detailed market insights, which helps the key players strategize their growth.

Impact of COVID-19 Pandemic on Wind turbine forging Market

The COVID-19 pandemic stalled several wind energy-related programs and projects despite the remarkable progress made by the sector before 2020. However, from the second half of 2020, companies involved in developing wind turbine forged materials and components returned to their normal production and sales capacities. According to the Global Wind Energy Council, The global wind industry had a good year in 2021, with almost 94 GW of capacity added worldwide. Europe, South America, and the Middle East & Africa witnessed records for new onshore installations in 2021. The US, the UK, Spain, China, and India are among the countries with the highest installation of capacities. China accounted for 80% of offshore wind energy capacity added worldwide in 2021. Global net zero commitments and the renewed urgency for achieving energy security are anticipated to propel the number of wind turbine installations, boosting the demand for wind turbine forging.

In 2022, the European renewable energy sector will be growing significantly, with countries such as Germany, Ireland, and Denmark producing 50% of the energy from wind energy. With the increase in energy demand across the region, the requirement for wind turbines is rapidly growing. This is offering growth perspectives to the players operating in the wind turbine forging market in Europe. According to the International Energy Agency (IEA), the installed offshore wind capacity is expected to grow largely due to falling costs, supportive governments, and technological advances. In September 2021, General Electric collaborated with Fraunhofer Institutes, one of Europe’s premier research organizations, and Voxeljet AG, the makers of huge sand binder jet printers, to design the world’s largest sand binder jet 3D printer for wind turbine components, called the Advance Casting Cell (ACC). The partnership aims to develop a machine that could print molds used for key turbine components measuring up to 9.5 m in diameter and up to 4 m in height. General Electric will supply the digital blueprints for the turbine parts the machine is required to print; Fraunhofer will do the research and development; and Voxeljet will handle the design, mechanical development, and creation of the prototype printers. Incorporating new technology for developing forged metal parts will lower costs and make the forging industry more sustainable by reducing its environmental impact.

The overall wind turbine forging market size has been derived using both primary and secondary sources. To begin the wind turbine forging market analysis research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the wind turbine forging market. The process also serves the purpose of obtaining an overview and forecast of the wind turbine forging market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the market.

According to the new research report on "Wind Turbine Forging Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 11,154.14 million by 2028, registering a CAGR of 7.4% from 2022 to 2028.

Wind turbines need high-performance components to operate in remote locations, extreme operating conditions, and harsh environments. The technical requirements of the wind power generation industry are encouraging turbine component manufacturers to provide forged parts for performance optimization. The most commonly demanded forged parts for wind power turbines include main turbine shafts pitch, yaw drives, hub bearings, tower flanges, gearboxes, gear blanks, ring gears, bull gears, and output gears. The rising demand for such products has forced companies to collaborate with metallurgists and forging experts to discover new methods for designing metal-forged parts that reduce long-term costs and improve lead times. Metal forged part manufacturers maintain an extensive inventory of ferrous and non-ferrous materials that comply with wind power-specific grades and meet OEM specifications. This ready inventory helps the forged part suppliers to eliminate the delays associated with order processing, allowing for shorter lead times.

The global wind turbine forging market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). According to the US Department of Energy, in 2021, the US wind industry installed 13,413 megawatts (MW) of new wind capacity, the second-highest amount of wind capacity installed after 2020, with a total investment of US$ 20 billion. North America is focusing on the cost and performance improvements of wind power technologies, production tax credit, and wind energy capacity additions, which is supporting the growth of the wind turbine forging market across the region. The US is witnessing rapid installations of larger wind turbines with more power. Due to the growing development of large turbines, the rotor diameters are available in an average size of 156 m, and turbine capacities account for an average of more than 7 MW. Such developments are anticipated to provide lucrative growth opportunities for the market players operating in the North America wind turbine forging market.

According to the International Energy Agency (IEA), global wind electricity generation observed a 55% higher growth in 2021 than in 2020, the highest among all renewable power technologies. The unprecedented rise in wind capacity additions, Net Zero Emissions by 2050 scenario, and demand for cost reductions for offshore wind energy are the factors supporting the growth of the wind turbine forging market. Further, growing installations of wind turbines in North America and Asia Pacific are anticipated to propel the wind turbine forging market in the coming years. According to IEA, China held ~70% share of wind generation growth in 2021, followed by the US and Brazil. The US observed a 90% increase in wind generation capacity in 2020. The Net Zero Scenario’s wind power generation demand for 2030 is estimated to boost the high-capacity wind turbine installations in the coming years, which is likely to fuel the demand for wind turbine forging.

The global wind turbine forging market is bifurcated into type and component. Based on type, the global wind turbine forging market is bifurcated into seamless rolled ring and open die forging. In terms of component, the global wind turbine forging market is segmented into flanges, blades, bearings, gears, shafts, and others.

Key Findings of Study:

Asia Pacific is witnessing rapid growth in the installations of high-capacity wind turbines, which is supporting the growth of the wind turbine forging market. For instance, in October 2022, China rolled off the production of a 13.6 MW offshore wind turbine in Fujian Province, East China. The turbine is the largest single-unit wind capacity in Asia Pacific. The region is also witnessing a few major wind energy construction projects initiated in 2022, including the construction of a 5,230 MW integrated hybrid renewable energy project at Pinnapuram village in Andhra Pradesh, India and the construction of a 400 MW offshore wind farm in Yangjiang, Guangdong, China. The growing number of wind turbine construction projects is anticipated to boost the demand for forged components that are critical to the efficient operation of modern wind turbines, thereby propelling the wind turbine forging market growth in Asia Pacific. Further, the rising investments in wind energy and the production of related components is propelling the wind turbine forging market growth in the MEA region. Brazil is anticipated to lead in the South America wind turbine forging market on account of growing partnerships and acquisitions of small forged part suppliers by giant international players and the establishment of new manufacturing facilities.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Wind Turbine Forging Market – By Type

1.3.2 Global Wind Turbine Forging Market – By Component

1.3.3 Global Wind Turbine Forging Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Wind Turbine Forging Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

4.5 Premium Insights

4.5.1 North America– Energy Crisis Impact Analysis

4.5.2 Europe– Energy Crisis Impact Analysis

4.5.3 APAC– Energy Crisis Impact Analysis

4.5.4 MEA– Energy Crisis Impact Analysis

4.5.5 SAM– Energy Crisis Impact Analysis

5. Wind Turbine Forging Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Demand for High-Performance Wind Turbine Parts

5.1.2 Rising Government Initiatives to Reduce CO2 Emission and Carbon Footprint

5.2 Market Restraints

5.2.1 High Initial Costs of Metal Forging

5.3 Market Opportunities

5.3.1 Rising Installations of High-capacity Wind Turbines

5.4 Future Trends

5.4.1 Advent of Computer-Aided Engineering in Wind Turbine Forging

5.5 Impact Analysis of Drivers and Restraints

6. Wind Turbine Forging Market – Global Market Analysis

6.1 Global Wind Turbine Forging Market Overview

6.2 Global Wind Turbine Forging Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Wind Turbine Forging Market – by Type

7.1 Overview

7.2 Wind Turbine Forging Market, By Type (2021 and 2028)

7.3 Seamless Rolled Ring

7.3.1 Overview

7.3.2 Seamless Rolled Ring: Wind Turbine Forging Market Revenue and Forecast To 2028 (US$ Million)

7.4 Open Die Forging

7.4.1 Overview

7.4.2 Open Die Forging: Wind Turbine Forging Market Revenue and Forecast To 2028 (US$ Million)

8. Wind Turbine Forging Market - by Component

8.1 Overview

8.2 Wind Turbine Forging Market, By Component (2021 and 2028)

8.3 Flanges

8.3.1 Overview

8.3.2 Flanges: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Blades

8.4.1 Overview

8.4.2 Blades: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Bearings

8.5.1 Overview

8.5.2 Bearings: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Gears

8.6.1 Overview

8.6.2 Gears: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Shafts

8.7.1 Shafts: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Others

8.8.1 Others: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

9. Wind Turbine Forging Market – Geographic Analysis

9.1 Overview

9.2 North America: Wind Turbine Forging Market

9.2.1 North America: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.2.2 North America: Wind Turbine Forging, By Type

9.2.3 North America: Wind Turbine Forging Market, By Component

9.2.4 North America: Wind Turbine Forging, by Key Country

9.2.4.1 US: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Wind Turbine Forging, By Type

9.2.4.1.2 US: Wind Turbine Forging Market, By Component

9.2.4.2 Canada: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Wind Turbine Forging, By Type

9.2.4.2.2 Canada: Wind Turbine Forging Market, By Component

9.2.4.3 Mexico: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Wind Turbine Forging, By Type

9.2.4.3.2 Mexico: Wind Turbine Forging Market, By Component

9.3 Europe: Wind Turbine Forging Market

9.3.1 Europe: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Wind Turbine Forging, By Type

9.3.3 Europe: Wind Turbine Forging Market, By Component

9.3.4 Europe: Wind Turbine Forging, by Key Country

9.3.4.1 France: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 France: Wind Turbine Forging, By Type

9.3.4.1.2 France: Wind Turbine Forging Market, By Component

9.3.4.2 Germany: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 Germany: Wind Turbine Forging, By Type

9.3.4.2.2 Germany: Wind Turbine Forging Market, By Component

9.3.4.3 UK: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 UK: Wind Turbine Forging, By Type

9.3.4.3.2 UK: Wind Turbine Forging Market, By Component

9.3.4.4 Italy: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 Italy: Wind Turbine Forging, By Type

9.3.4.4.2 Italy: Wind Turbine Forging Market, By Component

9.3.4.5 Russia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Wind Turbine Forging, By Type

9.3.4.5.2 Russia: Wind Turbine Forging Market, By Component

9.3.4.6 Rest of Europe: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Wind Turbine Forging, By Type

9.3.4.6.2 Rest of Europe: Wind Turbine Forging Market, By Component

9.4 APAC: Wind Turbine Forging Market

9.4.1 APAC: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.2 APAC: Wind Turbine Forging, By Type

9.4.3 APAC: Wind Turbine Forging Market, By Component

9.4.4 APAC: Wind Turbine Forging, by Key Country

9.4.4.1 China: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 China: Wind Turbine Forging, By Type

9.4.4.1.2 China: Wind Turbine Forging Market, By Component

9.4.4.1.3 Japan: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.4 Japan: Wind Turbine Forging, By Type

9.4.4.1.5 Japan: Wind Turbine Forging Market, By Component

9.4.4.2 India: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 India: Wind Turbine Forging, By Type

9.4.4.2.2 India: Wind Turbine Forging Market, By Component

9.4.4.3 South Korea: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 South Korea: Wind Turbine Forging, By Type

9.4.4.3.2 South Korea: Wind Turbine Forging Market, By Component

9.4.4.4 Australia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 Australia: Wind Turbine Forging, By Type

9.4.4.4.2 Australia: Wind Turbine Forging Market, By Component

9.4.4.5 Rest of APAC: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 Rest of APAC: Wind Turbine Forging, By Type

9.4.4.5.2 Rest of APAC: Wind Turbine Forging Market, By Component

9.5 MEA: Wind Turbine Forging Market

9.5.1 MEA: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.5.2 MEA: Wind Turbine Forging, By Type

9.5.3 MEA: Wind Turbine Forging Market, By Component

9.5.4 MEA: Wind Turbine Forging, by Key Country

9.5.4.1 South Africa: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Wind Turbine Forging, By Type

9.5.4.1.2 South Africa: Wind Turbine Forging Market, By Component

9.5.4.2 UAE: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 UAE: Wind Turbine Forging, By Type

9.5.4.2.2 UAE: Wind Turbine Forging Market, By Component

9.5.4.3 Saudi Arabia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 Saudi Arabia: Wind Turbine Forging, By Type

9.5.4.3.2 Saudi Arabia: Wind Turbine Forging Market, By Component

9.5.4.4 Rest of MEA: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Wind Turbine Forging, By Type

9.5.4.4.2 Rest of MEA: Wind Turbine Forging Market, By Component

9.6 SAM: Wind Turbine Forging Market

9.6.1 SAM: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: Wind Turbine Forging, By Type

9.6.3 SAM: Wind Turbine Forging Market, By Component

9.6.4 SAM: Wind Turbine Forging, by Key Country

9.6.4.1 Brazil: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Wind Turbine Forging, By Type

9.6.4.1.2 Brazil: Wind Turbine Forging Market, By Component

9.6.4.2 Argentina: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Wind Turbine Forging, By Type

9.6.4.2.2 Argentina: Wind Turbine Forging Market, By Component

9.6.4.3 Rest of SAM: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of SAM: Wind Turbine Forging, By Type

9.6.4.3.2 Rest of SAM: Wind Turbine Forging Market, By Component

10. Impact of COVID-19 Pandemic on Wind Turbine Forging Market

10.1 Overview

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 APAC: Impact Assessment of COVID-19 Pandemic

10.5 MEA: Impact Assessment of COVID-19 Pandemic

10.6 SAM: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

12. Company Profiles

12.1 Scot Forge Co

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Frisa Industrias SA de CV

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Iraeta Energy Equipment Co Ltd

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 ULMA Forja S Coop

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Celsa Armeringsstal AS

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Bharat Forge Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Specialty Ring Products Inc

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Tongyu Heavy Industry Co Ltd

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Bruck GmbH

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Gerdau Summit Aços Fundidos e Forjados SA

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary

LIST OF TABLES.

Table 1. Global Wind Turbine Forging Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2. North America: Wind Turbine Forging, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Wind Turbine Forging Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 10. Europe: Wind Turbine Forging, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: Wind Turbine Forging Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 12. France: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 13. France: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 14. Germany: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 15. Germany: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 16. UK: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 17. UK: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 20. Russia: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 21. Russia: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of Europe: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Europe: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 24. APAC: Wind Turbine Forging, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. APAC: Wind Turbine Forging Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 26. China: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 27. China: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 28. Japan: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 29. Japan: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 30. India: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 31. India: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 32. South Korea: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 33. South Korea: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 34. Australia: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 35. Australia: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 36. Rest of APAC: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 37. Rest of APAC: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 38. MEA: Wind Turbine Forging, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. MEA: Wind Turbine Forging Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 40. South Africa: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 41. South Africa: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 42. UAE: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 43. UAE: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 44. Saudi Arabia: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 45. Saudi Arabia: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 46. Rest of MEA: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 47. Rest of MEA: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 48. SAM: Wind Turbine Forging, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. SAM: Wind Turbine Forging Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 50. Brazil: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 51. Brazil: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 52. Argentina: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 53. Argentina: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of SAM: Wind Turbine Forging, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of SAM: Wind Turbine Forging Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 56. Glossary of Terms, Wind Turbine Forging Market

LIST OF FIGURES.

Figure 1. Wind Turbine Forging Market Segmentation

Figure 2. Wind Turbine Forging Market Segmentation – Geography

Figure 3. Wind Turbine Forging Market Overview

Figure 4. Wind Turbine Forging Market, By Type

Figure 5. Wind Turbine Forging Market, By Component

Figure 6. Wind Turbine Forging Market, By Region

Figure 7. North America: PEST Analysis

Figure 8. Europe: PEST Analysis

Figure 9. APAC: PEST Analysis

Figure 10. MEA: PEST Analysis

Figure 11. SAM: PEST Analysis

Figure 12. Wind Turbine Forging Market Ecosystem Analysis

Figure 13. Expert Opinion

Figure 14. Wind Turbine Forging Market Impact Analysis of Drivers and Restraints

Figure 15. Global Wind Turbine Forging Market

Figure 16. Global Wind Turbine Forging Market, Forecast and Analysis (US$ Mn)

Figure 17. Market Positioning- Top Five Players

Figure 18. Wind Turbine Forging Market, By Type (2021 and 2028)

Figure 19. Seamless Rolled Ring: Wind Turbine Forging Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Open Die Forging: Wind Turbine Forging Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Wind Turbine Forging Market, By Component (2021 and 2028)

Figure 22. Flanges: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Blades: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Bearings: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Gears: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Shafts: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Others: Wind Turbine Forging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Global Wind Turbine Forging Market Breakdown, by Region, 2021 & 2028 (%)

Figure 29. North America: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 30. North America: Wind Turbine Forging Revenue Share, By Type (2021 and 2028)

Figure 31. North America: Wind Turbine Forging Market Revenue Share, By Component (2021 and 2028)

Figure 32. North America: Wind Turbine Forging Revenue Share, by Key Country (2021 and 2028)

Figure 33. US: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Canada: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Mexico: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Europe: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Europe: Wind Turbine Forging Revenue Share, By Type (2021 and 2028)

Figure 38. Europe: Wind Turbine Forging Market Revenue Share, By Component (2021 and 2028)

Figure 39. Europe: Wind Turbine Forging Revenue Share, by Key Country (2021 and 2028)

Figure 40. France: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Germany: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 42. UK: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Italy: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 44. Russia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 45. Rest of Europe: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 46. APAC: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 47. APAC: Wind Turbine Forging Revenue Share, By Type (2021 and 2028)

Figure 48. APAC: Wind Turbine Forging Market Revenue Share, By Component (2021 and 2028)

Figure 49. APAC: Wind Turbine Forging Revenue Share, by Key Country (2021 and 2028)

Figure 50. China: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 51. Japan: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 52. India: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 53. South Korea: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 54. Australia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 55. Rest of APAC: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 56. MEA: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 57. MEA: Wind Turbine Forging Revenue Share, By Type (2021 and 2028)

Figure 58. MEA: Wind Turbine Forging Market Revenue Share, By Component (2021 and 2028)

Figure 59. MEA: Wind Turbine Forging Revenue Share, by Key Country (2021 and 2028)

Figure 60. South Africa: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 61. UAE: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 62. Saudi Arabia: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 63. Rest of MEA: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 64. SAM: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 65. SAM: Wind Turbine Forging Revenue Share, By Type (2021 and 2028)

Figure 66. SAM: Wind Turbine Forging Market Revenue Share, By Component (2021 and 2028)

Figure 67. SAM: Wind Turbine Forging Revenue Share, by Key Country (2021 and 2028)

Figure 68. Brazil: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Argentina: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 70. Rest of SAM: Wind Turbine Forging – Revenue and Forecast to 2028 (US$ Million)

Figure 71. Impact of COVID-19 Pandemic in North American Country Markets

Figure 72. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 73. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 74. Impact of COVID-19 Pandemic in MEA Country Markets

Figure 75. Impact of COVID-19 Pandemic in SAM Country Markets

The List of Companies - Wind Turbine Forging Market

• 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

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global wind turbine forging market.

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