Global Wind Turbine Operation and Maintenance Market Report By Application (Onshore, Offshore) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11215543
July 2021
Report Formats:
Global Wind Turbine Operation and Maintenance Market Overview
 
The key driver impacting the wind turbine operation and maintenance market is the increased investment in offshore and onshore wind turbines, with an increase in government support of several countries leads to growth in wind turbine installation. For instance, Global installed wind-generation capacity onshore and offshore has raised by a factor of about 75 in the last two decades, climbing from 7.5 gigawatts (GW) in 1997 to some 564 GW by 2018, as per the IRENA's recent report. Asia is perched to become the globally dominant wind market, as it accounts for over 60% of offshore and 50% of onshore wind installations by 2050. Asia’s onshore wind capacity is estimated to grow from 230 GW in 2018 to about 2 600 GW by 2050.  Moreover, the rise in offshore exploration and production activities leading to an increase in the number of wind turbine installations in offshore areas worldwide contribute to wind turbine operation and maintenance market demand in the later years.
According to Value Market Research, the global Wind turbine operation and maintenance market size was valued at USD 13.9 billion in 2020 and is estimated to grow at a CAGR of about 11.5% during the forecast period 2021 to 2027.

The growing focus on reducing environmental impacts in the power generation industry and the favorable government policies and attractive incentives were executed to develop a zero-emission power system fueled annual installation capacity in the past few years. Thus, likely augment the need for wind turbine operation and maintenance in the forecast period. The high electricity consumption and an increasing number of aging turbines are stimulating the call for wind turbine operation and maintenance solutions. However, the high cost related to the maintenance and installation of wind turbines hampers the market in the long run. In addition, the lack of a skilled workforce to operate the systems acts as a challenge to the market. Nevertheless, the market trends, such as technological advancement and growing offshore activities, might provide considerable opportunities to the market's leading players.

The Wind turbine operation and maintenance market are widespread, with many local and international players. The market leaders follow different strategies to improve their market position, such as extending product portfolio, amalgamation, acquisitions, research and development, awareness programs, and product upgrades. The key players in the report are Enercon GmbH, Siemens Wind Power GmbH, GE Wind Turbine, Suzlon Group, Inoxwind, Gamesa Corporation, juwi AG, Mingyang Smart Energy Group Co., Ltd., Sinovel Wind Group Co., Ltd., AEROVIDE GmbH, and Inoxwind.

Global Wind Turbine Operation and Maintenance Market Share

In this research report, the Wind turbine operation and maintenance market is segmented by application and region.

Analysis by Application:
By application, the report is divided into onshore and offshore. The Onshore segment dominates with a significant market share in 2020. It is due to the growing focus of major players such as the U.S., France, Spain, Portugal, Italy, and India focus on onshore projects for renewable energy generation. Moreover, the growing need to enhance patient care and outcomes is contributing to the high demand from onshore segment growth.

 Analysis by Region:
In the regional outlook of the global Wind turbine operation and maintenance market, the Europe region dominates with over 40% market share in 2020. The UK is the major country driving the market growth in the region as it has the highest offshore capacity globally, with Spain, Germany, Italy, France, and Denmark being the additional key contributors to high market demand in the Europe region. Moreover, the strong government supportive schemes contribute to the tremendous market growth across Europe.
 
Market Segmentation covered in the Report:
By Application
 
  • Onshore
  • Offshore
 
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . WIND TURBINE OPERATION AND MAINTENANCE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Application 
           3.7.2 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL WIND TURBINE OPERATION AND MAINTENANCE MARKET ANALYSIS BY APPLICATION 
       6.1 Overview by Application 
       6.2 Historical and Forecast Data
       6.3 Analysis by Application 
       6.4 Onshore Market by Regions
       6.5 Offshore Market by Regions
 
7 . GLOBAL WIND TURBINE OPERATION AND MAINTENANCE MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview, Historic and Forecast Data 
           7.3.2. North America By Segment
           7.3.3. North America By Country
           7.3.4. United State
           7.3.5. Canada
           7.3.6. Mexico
       7.4. Europe
           7.4.1. Overview, Historic and Forecast Data 
           7.4.2. Europe by Segment
           7.4.3. Europe by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7. Italy
           7.4.8. Russia
           7.4.9. Rest Of Europe
       7.5. Asia Pacific
           7.5.1. Overview, Historic and Forecast Data 
           7.5.2. Asia Pacific by Segment
           7.5.3. Asia Pacific by Country
           7.5.4. China
           7.5.5. India
           7.5.6. Japan
           7.5.7. South Korea
           7.5.8. Australia
           7.5.9. Rest Of Asia Pacific
       7.6. Latin America
           7.6.1. Overview, Historic and Forecast Data 
           7.6.2. Latin America by Segment
           7.6.3. Latin America by Country
           7.6.4. Brazil
           7.6.5. Argentina
           7.6.6. Peru
           7.6.7. Chile
           7.6.8. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview, Historic and Forecast Data 
           7.7.2. Middle East & Africa by Segment
           7.7.3. Middle East & Africa by Country
           7.7.4. Saudi Arabia
           7.7.5. UAE
           7.7.6. Israel
           7.7.7. South Africa
           7.7.8. Rest Of Middle East And Africa
 
8 . COMPETITIVE LANDSCAPE OF THE WIND TURBINE OPERATION AND MAINTENANCE COMPANIES
       8.1. Wind Turbine Operation And Maintenance Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF WIND TURBINE OPERATION AND MAINTENANCE INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Enercon GmbH
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Siemens Wind Power GmbH
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. GE Wind Turbine
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Suzlon Group
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Inoxwind
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Gamesa Corporation
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. juwi AG
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Mingyang Smart Energy Group Co. Ltd.
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Sinovel Wind Group Co. Ltd.
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. AEROVIDE GmbH
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Inoxwind.
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Application  (USD MN)
  •  Onshore Market by Geography (USD MN)
  •  Offshore Market by Geography (USD MN)
  •  Global Wind Turbine Operation And Maintenance Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Wind Turbine Operation And Maintenance Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Wind Turbine Operation And Maintenance Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application 
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Application  (USD MN)
  •  Onshore Market by Geography (USD MN)
  •  Offshore Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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