Product Code: ETC8854807 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Casting components such as hubs and housings are essential to turbine structure and function. Though mostly imported, there is potential for local foundries to tap into the demand as wind power deployment scales up in the country.
Casting is essential for large components like hubs and bearing housings. This market is expanding slowly in the Philippines with the rise of local wind energy projects. Investment in foundry capacity and casting quality improvements are key to supporting future wind turbine production.
Casting components for wind turbines require specialized foundry capabilities and materials, which are limited in the Philippines. Ensuring quality and precision is challenging, with high costs and long lead times for imported cast parts affecting project schedules.
Casting components like hubs and frames are vital for turbine assembly. Establishing casting foundries with capabilities for large, high-precision parts can support local turbine manufacturers and maintenance providers. This sector benefits from growing renewable energy infrastructure investments.
Casting components for wind turbines are subject to industrial standards and quality control enforced by the DOE and DTI. The government supports local foundries through modernization programs and trade policies that regulate imports and exports.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Wind Turbine Casting Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Wind Turbine Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Wind Turbine Casting Market - Industry Life Cycle |
3.4 Philippines Wind Turbine Casting Market - Porter's Five Forces |
3.5 Philippines Wind Turbine Casting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Wind Turbine Casting Market Revenues & Volume Share, By Casting Technology, 2021 & 2031F |
3.7 Philippines Wind Turbine Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Wind Turbine Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Wind Turbine Casting Market Trends |
6 Philippines Wind Turbine Casting Market, By Types |
6.1 Philippines Wind Turbine Casting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Wind Turbine Casting Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Wind Turbine Casting Market Revenues & Volume, By Horizontal Axis Turbine, 2021- 2031F |
6.1.4 Philippines Wind Turbine Casting Market Revenues & Volume, By Vertical Axis Turbine, 2021- 2031F |
6.2 Philippines Wind Turbine Casting Market, By Casting Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Wind Turbine Casting Market Revenues & Volume, By Sand casting, 2021- 2031F |
6.2.3 Philippines Wind Turbine Casting Market Revenues & Volume, By Chill casting, 2021- 2031F |
6.2.4 Philippines Wind Turbine Casting Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Wind Turbine Casting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Wind Turbine Casting Market Revenues & Volume, By Onshore, 2021- 2031F |
6.3.3 Philippines Wind Turbine Casting Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Philippines Wind Turbine Casting Market Import-Export Trade Statistics |
7.1 Philippines Wind Turbine Casting Market Export to Major Countries |
7.2 Philippines Wind Turbine Casting Market Imports from Major Countries |
8 Philippines Wind Turbine Casting Market Key Performance Indicators |
9 Philippines Wind Turbine Casting Market - Opportunity Assessment |
9.1 Philippines Wind Turbine Casting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Wind Turbine Casting Market Opportunity Assessment, By Casting Technology, 2021 & 2031F |
9.3 Philippines Wind Turbine Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Wind Turbine Casting Market - Competitive Landscape |
10.1 Philippines Wind Turbine Casting Market Revenue Share, By Companies, 2024 |
10.2 Philippines Wind Turbine Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |