Vestas has introduced longer and lighter blades that improve energy production while reducing loads on the turbine. Vestas is a leading manufacturer of wind turbines and turbine blades and is focusing on developing advanced blade designs and materials to optimize wind turbine performance.In April 2023- Sandvilk announced the acquisition of MCB services and minerals, with this acquisition Sandvik expanded in Latine America.The market players are heavily investing in research & development activities to develop innovative products with high performance. Transparency Market Research has profiled the following players in its global turbine blade market report: Increased demand for wind energy and a high number of wind turbine installations in China drive market growth in the region. Increased demand for wind power and gas turbines in countries like India, Japan, and South Korea also contributes to the market growth.
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