openPR Logo
Press release

Wind Turbine Inspection Services See Uptick in Demand as More Wind Farms Crop Up Worldwide

06-03-2016 04:27 PM CET | Energy & Environment

Press release from: Transparency Market Research,

The wind energy industry has witnessed rapid development in the last few years. Large economies of scale have thus been achieved by market players. With technological advancements, the competition in the market is increasing and is leading to the emergence of various wind-energy-linked businesses. One of the most attractive and emerging businesses in the wind energy industry is wind turbine inspection. Wind turbine inspection services primarily focus on servicing generators and gearboxes, as they have multiple moving parts that are prone to breakdowns. The installed capacity of wind energy is expected to double between now and 2023, which in turn will trigger growth in the wind turbine inspection services market.

In this blog post, Transparency Market Research (TMR) answers three critical questions about the wind turbine inspection services market:

Q1. What impacts the performance of the wind turbine inspection services market?

The wind turbine inspection services market is gaining momentum due to continued wind energy capacity addition across the globe. Since a turbine is a highly crucial component for the wind energy generation industry and is composed of several smaller components such as a generator and gearbox, the wind turbine needs to be inspected and serviced on a regular basis. This ensures optimal performance and efficiency. Thus, wind turbine inspection services are increasingly being adopted by wind farm contractors and operators to ensure the longevity of wind turbines.

In November 2015, one of the ten Bonus Energy 2.3MW turbines near the Danish island of Samso suffered a catastrophic failure leading to the nacelle and blades breaking off and falling into the sea. Such incidents not only cause downtime but could also prove detrimental to marine life. Such failures have led to a growing awareness about the importance of servicing and inspecting wind turbines, thus boosting the market.

Q2. What are the recent trends and developments in the wind turbine inspection services market?

Drones for the inspection of wind turbines are becoming commonplace in the wind turbine inspection services market. Conventionally, a repair man had to climb the massive structure to perform inspection and maintenance, which was a dangerous gig. Now, companies are increasingly using drones to remotely check for faults and then carry out repair and maintenance tasks. Spotting this opportunity, companies such as Aibotix have already begun marketing drones for the wind turbines inspection services industry.

Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6538

Q3. Which regions are expected to contribute significantly to the wind turbine inspection services market?

The Asia Pacific region is expected to be an attractive market for wind turbine inspection services. In the Asia Pacific region, China is expected to lead the offshore wind energy sector, thereby exhibiting a high demand for wind turbine inspection services. Other attractive markets for wind turbine inspection services include the Middle East and Africa and South and Central America. Europe is expected to have a high demand for offshore wind turbine inspection services as the region has been targeting offshore wind energy development. The U.S. will be initially slow in entering the offshore wind energy market, but installations of wind turbines will pick up speed in the future, which in turn is expected to give rise to a demand for offshore wind turbine inspection services.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Mr. Sudip. S
90 State Street Suite 700
Albany NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wind Turbine Inspection Services See Uptick in Demand as More Wind Farms Crop Up Worldwide here

News-ID: 343123 • Views: 526

More Releases from Transparency Market Research,

Connected (Smart) Street Light Market to touch US$ 1,502.8 Mn by 2026; COVID-19 …
Lighting is one of the major prospects for rapidly evolving smart technologies. A majority of lighting systems installed currently are based on traditional lighting systems. However, increasing awareness about energy conservation and efficient lighting techniques is gaining attention of players operating in the connected (smart) street light market. In addition, development of sensors and wireless technologies in the field of smart lighting is fueling the market. The market is witnessing
Bitter Melon Extract Market: Historical Growth, Future Outlook, Demand Analysis …
The bitter melon extract is the extract obtained from the bitter melon fruit that is grown widely in Asia, Africa, and the Caribbean. Due to the bitterness of the bitter melon extract, they are unpalatable for most of people. But there are significant medicinal advantages of the bitter melon extract, which is why they are grown so extensively. The fruit of bitter melon is extracted, concentrated, purified and then dried
Global Class III Milk Industry Research, Development, Rapid Growth, Business Opp …
Class III milk is often utilized in various packaged food processing as well as dairy processing industries. Class III milk plays an important role in food servicing industries as a key ingredient in producing cheesy food servings which have amplified its demand in recent years. Since the products derived from of class III milk are used in various food processing and food servicing industries, class III milk is gaining traction
Sugar Substitutes Market Trends: In-Depth Analysis Of Competitive Landscape, Out …
Growing inclination to migrate to diets with less calorific contents has been a key enabler as well accelerator of product developments in the sugar substitutes market. Food companies have also been finding attractive revenue potential on sugar substitutes. Several brands containing sugar substitutes are garnering attention by and acceptance of populations in developed economies. A case in point is stevia-based functional food products. This is one of the significant trends

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the