Published By : 11 Jan 2016 | Published By : QYRESEARCH
Wind turbine rotor blades are a crucial component of wind energy generation, a field that has gained major support from several governments in the last few years. The design of wind turbine rotor blades is crucial in ensuring consistent and high generation of electrical energy. An ill-designed rotor blade can hamper the aerodynamic properties of a wind turbine, restricting the amount of electrical energy that can be generated through it. If a wind turbine rotor blade is too heavy, it can also become too difficult to initiate electricity generation, but if it is too light, exposure to the elements can damage it severely and necessitate replacement. Thus, the wind turbine rotor blades market has come under the spotlight in recent years.
The rising focus on wind energy is primarily due to the growing acknowledgement of the environmental problems caused by the excessive usage of fossil fuels by mankind. Several oil wells around the world are close to depletion and despite the discovery of offshore oilfields, it is inevitable that fossil fuel reserves will one day run out. This has necessitated increasing demand from wind, solar, hydro, and other renewable energy sources. Wind power has emerged as a key component of the global renewable energy scenario in recent years, due to its low overall carbon footprint and high efficiency of electricity generation in favorable conditions.
Several countries around the world are increasing investment in wind energy. Countries such as the U.S., India, China, and Australia present massive scope for growth of the global wind turbine rotor blades market, since these are among the highest consumers of electricity and also receive high amounts of sunlight annually. This will benefit the market for wind turbine rotor blades in the coming years, particularly in regions such as Asia Pacific, where the penetration of wind power has not been as extensive as in North America and Europe.