풍력 터빈 주조 시장 규모, 점유율, 성장 분석 : 재질별, 제조 공정별, 용도별, 터빈 사이즈별, 지역별 - 업계 예측(2026-2033년)

Wind Turbine Casting Market size was valued at USD 3.46 Billion in 2024 and is poised to grow from USD 3.74 Billion in 2025 to USD 6.92 Billion by 2033, growing at a CAGR of 8% during the forecast period (2026-2033).

The increasing urbanization and industrialization trends are significantly boosting the demand for renewable energy sources like wind power. Wind turbines play a crucial role in converting wind's kinetic energy into electricity, comprising various components such as rotor hubs and gearboxes that often require casting to enhance durability and facilitate composite part development. The expansion of wind energy projects, particularly in emerging markets, presents substantial growth opportunities. The proliferation of offshore wind installations is set to further stimulate market expansion. Factors such as longer turbine lifespans, lower maintenance costs, and supportive government policies promoting renewable energy are driving demand. However, the rapid advancements and affordability in solar energy technology may pose challenges to the wind energy sector's growth trajectory.

Top-down and bottom-up approaches were used to estimate and validate the size of the Wind Turbine Casting market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Wind Turbine Casting Market Segments Analysis

Global Wind Turbine Casting Market is segmented by Material, Process, End Use, Turbine Size and region. Based on Material, the market is segmented into Ductile Iron, Gray Iron, Steel and Aluminum. Based on Process, the market is segmented into Sand Casting, Investment Casting and Die Casting. Based on End Use, the market is segmented into On-Shore Wind Turbines, Off-Shore Wind Turbines and Others. Based on Turbine Size, the market is segmented into Small (less than 10 MW), Medium (10-19 MW) and Large (20 MW or greater). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Wind Turbine Casting Market

A significant factor propelling the Wind Turbine Casting Market is the surging demand for renewable energy sources, fueled by governmental efforts to advocate for clean energy and mitigate carbon emissions. As urbanization and industrial development progress, the need for electricity escalates, positioning wind energy as a viable power generation solution. Wind turbines are favored for their durability and relatively low maintenance costs, further contributing to the rising market demand. The ongoing expansion of wind energy projects in various countries holds promising potential for future market growth, as stakeholders increasingly recognize the benefits of integrating renewable energy into their infrastructures.

Restraints in the Wind Turbine Casting Market

A significant challenge facing the Wind Turbine Casting Market is the intense competition presented by alternative renewable energy sources, especially solar energy. The rise in solar energy adoption, fueled by its wide availability and decreasing costs of solar panels, may impede the expansion of the wind turbine casting sector. Furthermore, the substantial capital investment required for wind energy projects can limit market growth, particularly in regions with constrained financial capabilities. These factors combined create a complex landscape for the wind turbine casting industry, potentially hindering its development and adoption compared to other energy solutions.

Market Trends of the Wind Turbine Casting Market

The Wind Turbine Casting market is experiencing a notable trend towards the production of larger and more powerful wind turbines, driven by the escalating demand for renewable energy solutions. This shift is prompting manufacturers to innovate and develop components that enhance power output and efficiency, necessitating advanced casting techniques and high-quality materials to support the complexity of these larger designs. Furthermore, the integration of 3D printing technology is becoming increasingly prominent, as it provides substantial cost benefits and accelerates production times, positioning it as a transformative force within the industry and underscoring the ongoing evolution of wind energy infrastructure.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Raw Material Analysis

Global Wind Turbine Casting Market Size by Material & CAGR (2026-2033)

• Market Overview
• Ductile Iron
• Gray Iron
• Steel
• Aluminum

Global Wind Turbine Casting Market Size by Process & CAGR (2026-2033)

• Market Overview
• Sand Casting
• Investment Casting
• Die Casting

Global Wind Turbine Casting Market Size by End Use & CAGR (2026-2033)

• Market Overview
• On-Shore Wind Turbines
• Off-Shore Wind Turbines
• Others

Global Wind Turbine Casting Market Size by Turbine Size & CAGR (2026-2033)

• Market Overview
• Small (less than 10 MW)
• Medium (10-19 MW)
• Large (20 MW or greater)

Global Wind Turbine Casting Market Size & CAGR (2026-2033)

• North America (Material, Process, End Use, Turbine Size)
  • US
  • Canada
• Europe (Material, Process, End Use, Turbine Size)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Material, Process, End Use, Turbine Size)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Material, Process, End Use, Turbine Size)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Material, Process, End Use, Turbine Size)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Vestas (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens Gamesa Renewable Energy (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Goldwind (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LM Wind Power (Denmark)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TPI Composites (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CS Wind (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Acciona Windpower (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Enercon (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nordex SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mingyang Smart Energy (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shanghai Electric Wind Power (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinovel Wind Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DHI DCW Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ZF Wind Power (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bradken (Australia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Doncasters Group (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sheffield Forgemasters (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Meishan Hanwei Precision Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eisenwerk Bruhl GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations