Wind Turbine Nacelle Market is expected to reach US$ 10355.3 Mn. by 2029 with a CAGR of 6.1%, during the forecast period. The Global Wind Turbine Nacelle market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Wind Turbine Nacelle market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Wind Turbine Nacelle Market Overview:
Nacelle house is the types of machinery of the wind turbine which transform the kinetic energy of wind into mechanical energy and mechanical energy into electrical energy. A nacelle encompasses a hub, gearbox, bearings, inverters, rotor, generator, and hydraulics. The structure of the nacelle is the combination of two parts. The chief part holds the gearbox, yaw system, and the main shaft is made of cast steel and the rear part that houses. The transformer, generator, and electrical cupboards are made from formed and welded steel. A fibreglass upper housing is installed to shelter all mechanisms.Wind Turbine Nacelle Market Dynamics:
The burning of fossil fuels such as coal and oil releases large quantities of air contaminants and greenhouse gases have despoiled the air quality across the globe. This has enlarged the threat of global warming to a shocking level and is also unfavourably affecting the health of living beings. These disagreeing properties have made the world admit substitutes and cleaner sources of energy such as renewable energy. Renewable energy sources such as solar energy, wind energy, hydro energy, tidal energy, and geothermal energy are gradually being implemented due to the absence of emission during power generation. Governments and authorities are directing on renewable energies to furnish the demand for natural power generation. The wind energy industry is growing at a rapid pace due to the application of regulations by and investments from various organizations and authorities. Conferring to Global Wind Energy Council (GWEC) the worldwide new installed wind energy capacity was around 51 GW in 2017, while the cumulative installed wind power capacity till 2017 was around 540 GW is driving the market. The technological expansions are expected to additionally upsurge the efficiency and decrease the production costs of wind turbines. Thru, deteriorating production costs, the market for offshore wind turbines in countries, such as the United States, China, India, and South Korea, is gaining motion as the offshore wind turbines are fetching economically modest with onshore wind turbines. This trend of growing investments in offshore wind turbine power generation is expected to continue during the forecast period, which, in turn, is expected to drive the demand for wind turbine nacelle in the offshore sector in the coming years.Wind Turbine Nacelle Market Segment Analysis:
By Type, is bifurcated into onshore and offshore. The onshore wind turbine nacelle segment is foreseen to govern the global wind turbine nacelle market during the forecast period due to a large number of onshore wind turbine across the globe. The offshore segment is likely to expand at a rapid pace during the forecast period due to rising investment in the offshore sector and an increase in the power generation capacity of offshore wind turbines. The offshore wind energy market is dominated by the United Kingdom, Germany, and China, which cumulatively accounted for almost 81% of total offshore wind turbine capacity in 2018. New-build offshore wind has witnessed the fastest cost fall of any renewable energy source, reaching an average price of USD 78/MWh, a diminution of approximately 32% as compared to cost in 2018. The drop in prices can be attributed to the upsurge in the production of offshore turbines and the R&D activities foremost to technological advancements Turbine Capacity is segmented into less than 2MW, 2MW to 4MW, and more than 4MW.Wind Turbine Nacelle Market Regional Insights:
Based on region, the global wind turbine nacelle market can be separated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is expected to direct the global wind turbine nacelle market during the forecast period owing to the greater number of wind turbines and wind energy creating capacity in the region, particularly in China and India. The wind energy industry in these countries is mounting at an extensive pace. The wind turbine nacelle market in the Asia Pacific is estimated to expand at a rapid pace during the forecast period due to the increase in investments in wind energy along with favourable government regulations and inducements provided in the region, especially in countries such as China and India. Europe is expected to hold a considerable share of the wind turbine nacelle market during the forecast period.Europe to Witness High Growth Rate
For the past decade, the ultimatum for wind energy has observed noteworthy growth in Europe. The share of wind energy in Europe has augmented from 6% in 2005 to 18% in 2021. Having overhauled coal in 2017, as the second-largest form of power generation capacity in the EU, wind power is closely gathering up with gas. In 2021, 15,648 MW of wind power capacity was installed in Europe, an increase of 24%, when equated to 2017 annual installations. Furthermore, in 2021, the wind power sector produced 335 TWh of energy that roofed an average of 11.5% of the EU’s electricity demand. Owing to the growing demand for wind power, Europe is all set to witness a significant rise in deployment of the wind turbine nacelle, with the UK, Germany, France, Turkey, and Finland being the regional hotspot. The objective of the report is to present a comprehensive analysis of the global Wind Turbine Nacelle market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Wind Turbine Nacelle market dynamics, structure by analyzing the market segments and project the global Wind Turbine Nacelle market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Wind Turbine Nacelle market make the report investor’s guide.Global Wind Turbine Nacelle Market Scope:Inquire before buying
Global Wind Turbine Nacelle Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 6841.5 Mn. Forecast Period 2023 to 2029 CAGR: 6.1% Market Size in 2029: US $ 10355.3 Mn. Segments Covered: by Type • Onshore • Offshore by Turbine Capacity • Less than2MW • 2MW to 4 MW • More than 4MW Wind Turbine Nacelle Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Wind Turbine Nacelle Market, Key Players are:
• General Electric • Molded Fiber Glass • Vesta • AREVA WIND • Bora Energy AVANTIS Energy • DeWind, ENERCON • EWT • GBT Composites Technology • Xinjiang Goldwind Science and Technology • Hexcel • Indutch composites technology • Inoxwind • Reliance Industries • Leitner • NORDEX • ReGen Powertech • SR Fibreglass Auto • Wind World Frequently Asked Questions: 1. Which region has the largest share in Global Wind Turbine Nacelle Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Wind Turbine Nacelle Market? Ans: The Global Wind Turbine Nacelle Market is growing at a CAGR of 6.1% during forecasting period 2023-2029. 3. What is scope of the Global Wind Turbine Nacelle Market report? Ans: Global Wind Turbine Nacelle Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Wind Turbine Nacelle Market? Ans: The important key players in the Global Wind Turbine Nacelle Market are – General Electric,Molded Fiber Glass,Vesta,AREVA WIND,Bora Energy AVANTIS Energy,DeWind, ENERCON,EWT,GBT Composites Technology,Xinjiang Goldwind Science and Technology,Hexcel. 5. What is the study period of this Market? Ans: The Global Wind Turbine Nacelle Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wind Turbine Nacelle Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Wind Turbine Nacelle Market 3.4. Geographical Snapshot of the Wind Turbine Nacelle Market, By Manufacturer share 4. Global Wind Turbine Nacelle Market Overview, 2023-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Wind Turbine Nacelle Market 5. Supply Side and Demand Side Indicators 6. Global Wind Turbine Nacelle Market Analysis and Forecast, 2023-2029 6.1. Global Wind Turbine Nacelle Market Size & Y-o-Y Growth Analysis. 7. Global Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2029 7.1.1. Offshore 7.1.2. Onshore 7.2. Market Size (Value) Estimates & Forecast Turbine Capacity, 2023-2029 7.2.1. Less than2MW 7.2.2. 2MW to 4 MW 7.2.3. More than 4MW 8. Global Wind Turbine Nacelle Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 9.1. Market Size (Value) Estimates & Forecast By Location of Deployment, 2023-2029 9.1.1. Offshore 9.1.2. Onshore 9.2. Market Size (Value) Estimates & Forecast Turbine Capacity, 2023-2029 9.2.1. Less than2MW 9.2.2. 2MW to 4 MW 9.2.3. More than 4MW 10. North America Wind Turbine Nacelle Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 11.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 11.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 12. Canada Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 12.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 12.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 13. Mexico Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 13.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 13.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 14. Europe Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 14.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 14.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 15. Europe Wind Turbine Nacelle Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 16.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 16.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 17. France Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 17.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 17.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 18. Germany Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 18.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 18.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 19. Italy Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 19.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 19.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 20. Spain Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 20.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 20.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 21. Sweden Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 21.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 21.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 22. CIS Countries Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 22.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 22.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 23. Rest of Europe Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 23.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 23.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 24. Asia Pacific Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 24.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 24.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 25. Asia Pacific Wind Turbine Nacelle Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 26.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 26.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 27. India Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 27.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 27.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 28. Japan Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 28.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 28.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 29. South Korea Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 29.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 29.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 30. Australia Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 30.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 30.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 31. ASEAN Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 31.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 31.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 32. Rest of Asia Pacific Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 32.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 32.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 33. Middle East Africa Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 33.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 33.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 34. Middle East Africa Wind Turbine Nacelle Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 35.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 35.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 36. GCC Countries Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 36.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 36.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 37. Egypt Wind Turbine Nacelle e Market Analysis and Forecasts, 2023-2029 37.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 37.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 38. Nigeria Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 38.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 38.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 39. Rest of ME&A Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 39.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 39.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 40. South America Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 40.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 40.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 41. South America Wind Turbine Nacelle Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 42.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 42.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 43. Argentina Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 43.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 43.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 44. Rest of South America Wind Turbine Nacelle Market Analysis and Forecasts, 2023-2029 44.1. Market Size (Value) Estimates & Forecast By Location of Deployments, 2023-2029 44.2. Market Size (Value) Estimates & Forecast By Turbine Capacity, 2023-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Wind Turbine Nacelle Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Siemens Gamesa 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. General Electric 45.3.3. Molded Fiber Glass 45.3.4. Vesta 45.3.5. AREVA WIND 45.3.6. Bora Energy AVANTIS Energy 45.3.7. DeWind, ENERCON 45.3.8. EWT 45.3.9. GBT Composites Technology 45.3.10. Xinjiang Goldwind Science and Technology 45.3.11. Hexcel 45.3.12. Indutch composites technology 45.3.13. Inoxwind 45.3.14. Reliance Industries 45.3.15. Leitner 45.3.16. NORDEX 45.3.17. ReGen Powertech 45.3.18. SR Fibreglass Auto 45.3.19. Wind World 46. Primary Key Insights