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Global Wind Turbine Operations and Maintenance Market is valued approximately at USD 9.94 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 10.80 % over the forecast period 2019-2026. Wind turbines are designed to provide long-term productivity, which makes maintenance essential to prevent untimely depreciation of turbines. Some of the breakdown-prone components in a wind turbine are generators, gear boxes, drive trains, brakes, and rotor blades. Rising focus to minimize environmental impact in the power generation industry, has fueled the wind energy market. Exponential rise in wind turbine installation across the globe, especially in Asia Pacific, Europe, and North America is expected to have a positive impact on the industry over the forecast period. Various components such as blades, gearbox, rotors, generator, yaw, and hydraulic pumps are susceptible to failure and require regular condition monitoring to avoid breakdown. Effective maintenance at regular interval helps to decrease failure rate and thus increases the operational efficiency by reducing downtime. Focus to establish cost effective operations & maintenance is expected to fuel industry growth over the next nine years.
The regional analysis of global Wind Turbine Operations and Maintenance market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is expected to hold a notable share in the world in terms of revenue owing to the increased number of offshore installation activities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period.
Major market player included in this report are:
Enercon GmbH
Gamesa Corporación Tecnológica
GE Wind Turbine
Nordex SE
Xinjiang Goldwind Science & Technologies Co. Ltd.
Vestas Wind Systems A/S
Siemens Wind Power GmbH
Suzlon Group
Guodian United Power Technology Company Ltd.
Upwind Solutions, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Offshore
Onshore
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Wind Turbine Operations and Maintenance Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Wind Turbine Operations and Maintenance Market, by Region, 2017-2026 (USD Million)
1.2.2. Wind Turbine Operations and Maintenance Market, by Application, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wind Turbine Operations and Maintenance Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wind Turbine Operations and Maintenance Market Dynamics
3.1. Wind Turbine Operations and Maintenance Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Wind Turbine Operations and Maintenance Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Wind Turbine Operations and Maintenance Market, by Application
5.1. Market Snapshot
5.2. Global Wind Turbine Operations and Maintenance Market by Application, Performance – Potential Analysis
5.3. Global Wind Turbine Operations and Maintenance Market Estimates & Forecasts by Application 2016-2026 (USD Million)
5.4. Wind Turbine Operations and Maintenance Market, Sub Segment Analysis
5.4.1. Offshore
5.4.2. Onshore
Chapter 6. Global Wind Turbine Operations and Maintenance Market, Regional Analysis
6.1. Wind Turbine Operations and Maintenance Market, Regional Market Snapshot
6.2. North America Wind Turbine Operations and Maintenance Market
6.2.1. U.S. Wind Turbine Operations and Maintenance Market
6.2.1.1. Application breakdown estimates & forecasts, 2016-2026
6.2.2. Canada Wind Turbine Operations and Maintenance Market
6.3. Europe Wind Turbine Operations and Maintenance Market Snapshot
6.3.1. U.K. Wind Turbine Operations and Maintenance Market
6.3.2. Germany Wind Turbine Operations and Maintenance Market
6.3.3. Rest of Europe Wind Turbine Operations and Maintenance Market
6.4. Asia-Pacific Wind Turbine Operations and Maintenance Market Snapshot
6.4.1. China Wind Turbine Operations and Maintenance Market
6.4.2. India Wind Turbine Operations and Maintenance Market
6.4.3. Japan Wind Turbine Operations and Maintenance Market
6.4.4. Rest of Asia Pacific Wind Turbine Operations and Maintenance Market
6.5. Latin America Wind Turbine Operations and Maintenance Market Snapshot
6.5.1. Brazil Wind Turbine Operations and Maintenance Market
6.5.2. Mexico Wind Turbine Operations and Maintenance Market
6.6. Rest of The World Wind Turbine Operations and Maintenance Market
Chapter 7. Competitive Intelligence
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. Enercon GmbH
7.2.1.1. Key Information
7.2.1.2. Overview
7.2.1.3. Financial (Subject to Data Availability)
7.2.1.4. Product Summary
7.2.1.5. Recent Developments
7.2.2. Gamesa Corporación Tecnológica
7.2.3. GE Wind Turbine
7.2.4. Nordex SE
7.2.5. Xinjiang Goldwind Science & Technologies Co. Ltd.
7.2.6. Vestas Wind Systems A/S
7.2.7. Siemens Wind Power GmbH
7.2.8. Suzlon Group
7.2.9. Guodian United Power Technology Company Ltd.
7.2.10. Upwind Solutions, Inc.
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption
The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.
Primary Research Sources:
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