Gurit H1 2023 Results
Wind Market Outlook 2023-2030
Gurit
1) Brinckmann: Global Wind Market Forecast H1 2023
33
==
60
AP (ex China)
AM
EMEA
☑ On&Off-shore
80
87
390
400
+6%
200
180
167
151
144
145
150
125
126
84
80
79
93
81
80
100
21
79
75
77
18
18
34
48
50
38
11 12
16
32
28
50
5
9
23
24
25:
163
17
58
19
15
19
24
23
29
30
32
40
46
0
2021a 2022a 2023e 2024e 2025e 2026e 2027e
2028e 2029e 2030e 2030e
NZE2050
86
LO
2023/24 focus on recovery and industry earnings improvement,
2025 profitable growth and industry investment mode.
■ Short-term uncertainties remain with some
customers announcing negative impacts
related to quality issues. We anticipate further
blade stock depletion since customers sit on
sizeable inventories.
Latest Offshore project cancelations in UK
and US drive the need for more flexible
auction- and pricing schemes to enable the
long-term feasibility of wind projects
■ EU & NA: ASP's remain on higher avg.
23+24 expected to be on similar activity
levels, before IRA impacts and Offshore
growth kick in 25. New blade models will
drive mould demand.
■ CN: Anticipate lower installation numbers
this year (~55 - 60GW). Market remains
highly competitive. Gurit sees growth
potential with CN customers winning
projects outside of Chinal
Gurit H1 2023 Results | 16/08/2023 | 16View entire presentation