Global Wind Turbine Casting Market is expected to reach USD 3.27 billion by 2025, according to a new report conducted by Grand View Research, Inc. The growing demand for electricity in developing countries including China, India, South Africa, and Brazil on account of increasing population and urbanization will drive the application of wind turbines. Furthermore, increasing government spending on energy research and the development of clean energy is expected to aid in the market expansion.
Increasing wind energy installations coupled with the rapid depletion of fossil fuels will drive the demand for wind turbines, which in turn will fuel the casting industry growth over the forecast period. Moreover, the growing requirement for the reduction of carbon footprint and emissions is expected to spur the industry expansion over the upcoming years.
Access for full detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/wind-turbine-casting-market
Further key findings from the report suggest:
View blog on Wind Turbine Casting Market by Grand View Research: http://www.grandviewresearch.com/blog/wind-turbine-casting-market-size-share
Grand View Research has segmented the global wind turbine casting market on the basis of type, application and region:
Type Outlook (Revenue, USD Million; 2014 – 2025)
Application Outlook (Revenue, USD Million; 2014 – 2025)
Regional Outlook (Revenue, USD Million; 2014 – 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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