Global Wind Energy Operations & Maintenance Market 2020

The report Wind Operations & Maintenance Market, 2013 Update - Global Market Size, Share by Component, Competitive Landscape and Key Country Analysis to 2020 by GlobalData is now available at ReportsnReports.com. Contact sales@reportsandreports.com with report name in subject line and your contact details to purchase this report or get your questions answered.

With wind energy capacity growing at a rapid pace, the value of the operations and maintenance (O&M) market is expected to increase from $3 billion in 2008 to $19 billion by 2020, says research and consulting firm GlobalData.

According to the company’s latest report Wind Operations & Maintenance Market, 2013 Update - Global Market Size, Share by Component, Competitive Landscape and Key Country Analysis to 2020, more than 191 GW of wind power capacity was added between 2008 and 2012, which has drastically increased O&M expenditure from $3 billion to $7 billion in the same period, demonstrating a Compound Annual Growth Rate (CAGR) of 15.6%.

Offshore wind energy will continue to attract higher O&M costs in comparison to onshore wind, reaching a market size of $5 billion, or a 29% share of the total O&M market in 2020. Currently, the US is the largest O&M market in the world, but GlobalData expects that China will surpass it to become the leader in O&M expenditure, with a 24.7% share of the market by 2020.

Complete report available @ http://www.reportsnreports.com/reports/267610-wind-operations-maintenance-market-2013-update-global-market-size-share-by-component-competitive-landscape-and-key-country-analysis-to-2020.html

Senior Analyst, says: “Higher turbine maintenance, high logistics costs and a lack of skilled manpower make offshore wind services more challenging than the onshore equivalent. Although onshore wind also faces similar issues, the impact of these factors on the offshore segment is more significant.”

According to the report, the growth in the wind industry’s O&M cost is largely due to the increasing age of wind turbines and the failure of components such as blades and gearboxes. “This increase in market size is leading to a rise in the number of companies providing specialized wind turbine O&M services, which is in turn bringing the benefit of lower costs to consumers,” .

The report furnishes information on global market size of wind Operations and Maintenance (O&M) market, market share by company type (original equipment manufacturers, independent service providers and in-house), O&M market share by onshore - offshore wind market segments and key company profiles. This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

Request a Sample Copy @ http://www.reportsnreports.com/contacts/RequestSample.aspx?name=267610.

Scope

- The report analyses market trends and opportunities in the global wind O&M market. The scope of the report includes:

- 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.

Reasons To Buy

- The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:

- The report will enhance your decision making capability. It will allow you to:

- 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.

Purchase a report copy @ http://www.reportsnreports.com/Purchase.aspx?name=267610

Major Points of Table of content

4 Wind Operations and Maintenance Market, Global, 2006–2020 45
4.1 Wind Operations and Maintenance Market, Global, Overview 45
4.2 Wind Operations and Maintenance Market, Global, Market Size, 2006-2020 46
4.3 Wind Operations and Maintenance Market, Global, Share by Market Segment, 2012 & 2020 48
4.4 Wind Operations and Maintenance Market, Global, Share by Major Countries, 2012 & 2020 49
4.5 Wind Operations and Maintenance Market, Global, Share by Maintenance Type, 2012 51
4.6 Wind Operations and Maintenance Market, Global, Share by Company Type, 2012 53
4.7 Wind Operations and Maintenance Market, Global, Turbine Capacity Available for Operations and Maintenance Contracts, 2012–2020 54
4.8 Wind Operations and Maintenance Market, Analysis of Major Components 55
4.8.1 Wind Operations and Maintenance Market, Inspection Aspects in Major Components 55
4.8.2 Wind Operations and Maintenance Market, Causes for Failure of Major Components 57
4.8.3 Wind Operations and Maintenance Market, Component Failure Incidents and its Impact on Turbine Availability 58
4.9 Wind Repairs Market, Global, Market Volume of Rotor Blade, Gear Box and Generator, 2012–2020 59
4.10 Wind Operations and Maintenance Market, Global, Market Forces Analysis 62
4.10.1 Wind Operations and Maintenance Market, Global, Key Drivers 62
4.10.2 Wind Operations and Maintenance Market, Global, Major Restraints and Challenges 67
4.11 Wind Operations and Maintenance Market, Global Market Trends 69
4.11.1 Independent Service Providers are Gaining Market Share in Wind O&M Market 69
4.11.2 Innovation in Components to Reduce Wind O&M Cost 70
4.11.3 Long Term O&M Contracts Gaining Momentum 71
4.11.4 Predictive Maintenance through Condition Monitoring System (CMS) Improves Turbine Availability 71
4.11.5 Independent Service Providers Entering New Markets and Regions 72
4.12 Wind Operations and Maintenance Market, Emerging Market Trends 72

Explore More Reports of Energy and Power Market @ http://www.reportsnreports.com/market-research/energy-and-power-supplies/