Report: Increased Renewables Investment Drives Blade Market


The market for wind turbine rotor blades is projected to witness growth driven by increased government funding of renewable power projects, growing energy consumption especially among developing nations, escalating costs of fossil fuel based energy, rising concerns over greenhouse gas emissions, and the resulting need for sustainable alternate sources of energy. A large number of government-drafted support programs and funding schemes are expected to drive market penetration of wind power technology in the coming years.

In a new trend report titled “Wind Turbine Rotor Blades,” Global Industry Analysts Inc., provides cursory insights into rotor blades, including applications, future prospects, and corporate initiatives of key companies worldwide. The report also provides global and Asia-Pacific market estimates and projections for Wind Turbine Rotor Blades in US dollars for years 2012 through 2017. Also covered are companies such as Acciona SA, Blade Dynamics Ltd., DeWind Company, General Electric Company, LM Wind Power Group, Modular Wind Energy, Nordex SE, Siemens Energy Inc., Tecsis Wind, and Vestas Wind Systems A/S, among others.

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