The growing proliferation of offshore wind farms will see a decreasing share of the global wind turbine rotor blade market allotted to onshore installations, says the latest report from international business analysts GlobalData.
The firm’s new research estimates that in 2020 offshore wind farms will account for 11% of all installed rotor blades, whereas last year this share did not reach even 1%. The largest wind rotor blade market in 2011 (by a substantial margin) was China, who held a 59% share with 37,385 installations. The US came second with an installed total of 11,085 rotor blades accounting for 18% of the global market, while India were third with an 11% share. GlobalData predicts the global cumulative wind power installed capacity to show steady growth until the end of the decade, increasing from 238,600MW last year to 658,449MW by the end of 2020. However, due to increases in the average turbine capacity, this increase will not be mirrored by the number of wind rotor blades installed during the same period. From a global total of 63,405 installed last year, the figure will actually drop to 45,675 by the end of the decade.
The firm’s new research estimates that in 2020 offshore wind farms will account for 11% of all installed rotor blades, whereas last year this share did not reach even 1%. The largest wind rotor blade market in 2011 (by a substantial margin) was China, who held a 59% share with 37,385 installations. The US came second with an installed total of 11,085 rotor blades accounting for 18% of the global market, while India were third with an 11% share. GlobalData predicts the global cumulative wind power installed capacity to show steady growth until the end of the decade, increasing from 238,600MW last year to 658,449MW by the end of 2020. However, due to increases in the average turbine capacity, this increase will not be mirrored by the number of wind rotor blades installed during the same period. From a global total of 63,405 installed last year, the figure will actually drop to 45,675 by the end of the decade.
