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Wind Turbine Market Growth Forecast

January 11, 2023 by Joe Panettieri

The global wind turbine forging market will reach $11.15 billion by 2028, up from $7.28 billion in 2022, according to The Insight Partners. That's a 7.4% compound annual growth rate (CAGR) during the forecast period, the research found.

The report looks at the wind turbine forging market according to such variables as:

  • Type: Seamless Rolled Ring and Open Die Forging; and
  • Component: Flanges, Blades, Bearings, Gears, Shafts, and Others); and Geography.

Companies to know in the wind turbine forging market, according to the report, include:

  • 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.
  • Gerdau Summit A├žos Fundidos e Forjados SA
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