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Wind Operations & Maintenance Market, 2013 Update - Global Market Size, Share

by Component, Competitive

Landscape and Key Country Analysis to

2020

Category : Wind Power

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Introduction to Report

Launch Date: August 21, 2013

Number of Pages: 188

Geography Coverage: Global

Available Format: PDF

Price For Single User License: USD 3,995

Price For Site License: USD 7,990

Price For Global User License: USD 11,985

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About the Report

In 2012, global wind power capacity reached 281 Gigawatts (GW), with an addition of 44 GW over the year. Offshore wind power capacity also grew at pace, with 1.3 GW of installations in 2012. More than 187 GW of wind power capacity was added during the period 2008 to 2012, which has drastically increased Operations and Maintenance (O&M) expenditure, from $3.5 billion in 2008 to $7.3 billion in 2012, at a Compound Annual Growth Rate (CAGR) of 15.6%.

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Research Findings

Operations and Maintenance (O&M) expenditure market’s growth is currently restrained by a lack of skilled manpower, and the cost of logistics. However the increase in the wind power O&M market is leading to an increase in companies providing specialized wind turbine O&M services, which in turn is decreasing the cost of O&M services. Considering the above factors, the wind power O&M market is expected to reach $19 billion by 2020.

Offshore wind accounted for 8% of the total wind O&M market in 2012, with a market size of $0.55 billion. Offshore wind attracts higher O&M costs in comparison to onshore wind.

Higher turbine maintenance, high logistics costs and a lack of skilled manpower make offshore wind services more challenging than the onshore equivalent.

The UK, Germany and China will be largest contributors to the offshore wind power O&M market, with contributions of $1.7 billion, $0.632 billion and $0.628 billion respectively.

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Market Trends and Opportunities

The report analyzes global wind market for the historical period (2006 to 2012) and forecast period (2013 to 2020).

The report details major market trends in wind markets and undertakes a study to understand the global wind power O&M market.

The report provides market size of wind O&M market in the world along with major markets such as the US, Germany, Spain, the UK, China and India. - The report provides O&M market size for both onshore and offshore wind segments.

The report provides share by company type (Original Equipment Manufacturers, Independent Service Providers and In-house).

The report guages the market for out of warranty turbines (in MW), gearbox repairs and refurbishment market (in MW), blade repairs (in units) and generator repairs (in MW) for the period of 2012–2020.

The report provides a snapshot of independent service providers of wind O&M market.

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Reasons to buy

Facilitate decision-making based on strong historic and forecast data for wind O&M market.

Develop strategies based on the latest trends in the market.

Position yourself to gain the maximum advantage of the industry’s growth potential

Identify key partners and business development avenues.

Respond to your competitors’ business structure, strategy and prospects.

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Report Coverage

1. Introduction2. Wind Power Market, Global, 2006–20203. Wind Operations and Maintenance Market, Global,

2006–20204. Wind Operations and Maintenance Market, The US,

2006–20205. Wind Operations and Maintenance Market, Germany,

2006–20206. Wind Operations and Maintenance Market, Spain,

2006–20207. Wind Operations and Maintenance Market, The UK,

2006–20208. Wind Operations and Maintenance Market, China,

2006–20209. Wind Operations and Maintenance Market, India,

2006–2020

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