openPR Logo
Press release

Wind Turbine Operations and Maintenance Market : Growth, Trends & Forecasts 2017 – 2025

03-14-2018 08:04 AM CET | Energy & Environment

Press release from: TMR Research

Wind Turbine Operations and Maintenance Market : Growth, Trends

Global Wind Turbine Operations and Maintenance Market: Snapshot

The fact that fossil fuel resources are limited, and the pollution caused by its usage is causing an apparent danger to our environment, the alternatives that are promising to reduce the dependencies are gaining popularity. As the demand for renewable energy and zero emission power systems increase, the demand in the global wind turbine operations and maintenance market is expected to increment at a notable CAGR during the forecast period of 2017 to 2025.

In the recent past, government initiatives across various countries have given necessary thrust to the production of various components such as gearbox, blades, yaw, generator, and hydraulic pumps, which are prone to failure and require regular monitoring and servicing. With effective maintenance, the failure rate can be reduced which in turn will increase the efficiency with lowered downtime. While onshore applications currently serve the maximum demand in the global wind turbine operations and maintenance market, increased offshore exploration activities across the globe will help this segment to emerge at a rapid rate in the near future.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1688

Currently, the global wind turbine operations and maintenance market is moderately consolidated with the major players such as Suzlon Group, Siemens Wind Power GmbH, GE Wind Turbine, Gamesa Corporation, and Enercon GmbH ahead of the curve. These major players aggressively look to extend their agreement with wind farms while aspiring to find new ones at the same time. Apart from reliable and cost-effective condition monitoring techniques, after sale services are of optimum valuation in this market, and those who will maintain a stronghold will have to impress their end users with efficient relationship. Nordex SE, Vestas Wind Systems A/S, Xinjiang Goldwind Science & Technologies, Co. Ltd., Upwind Solutions, Inc., and Guodian United Power Technology Company Ltd. are some of the other notable players operating in this market.

Global Wind Turbine Operations and Maintenance Market: Overview

Wind turbines are capable of producing vast amounts of electricity at competitive prices, provided they are efficiently maintained and operated. Being a cleaner, greener source of energy, wind energy is also more reliable than other sources of power generation. Therefore, the demand for wind energy is slated to soar over the next few years, fuelling the growth of the global market for wind turbine operations and maintenance. By application, offshore and onshore wind turbine operations and maintenance are the two major segments of the market.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1688

Global Wind Turbine Operations and Maintenance Market: Key Trends

The rising number of aging wind turbines emerges as a considerable potential for the growth of the market. The increasing downpour of funds from financial institutions and public and private investors has also been playing a significant role in the expansion of the market. On the other hand, insufficient number of skilled personnel, coupled with increasing costs of logistics, remains a key concern restricting the growth of the market. However, the growing demand for offshore wind turbines across the globe is likely to materialize into fresh opportunities.

Global Wind Turbine Operations and Maintenance Market: Market Potential

A number of market players have been offering diverse services with a view to make a mark in the global market for wind turbine operations and maintenance. For instance, Scotland-based SgurrEnergy announced the provision of unmanned aerial vehicles (UAVs), commonly known as drones, as a part of its inspection services. Detailed and accurate assessments of wind turbines can be obtained through these drones, which are fitted with cameras, with four times quicker inspections than traditional methods, claims the company. This new approach has not only reduced downtime, but also has prevented the risks faced by inspection personnel.

Read Comprehensive Overview of Report@ https://www.tmrresearch.com/wind-turbine-operations-maintenance-market

The increasing number of approvals and new projects is preparing the ground for a rising demand for wind turbine operations and maintenance. In March 2017, for example, the Scottish government approved the installation of eight 6-megawatt wind turbines off the coast of Aberdeen, towards the northeast. The state of Maryland in the U.S. will witness the installation of a new offshore wind plant, encouraging greater adoption of wind energy in the country. The U.K. has also been keeping pace with the developments, with the installation of a 400-MW offshore wind farm, off the Sussex coast throughout 2017. The Rampion project will be developed by E.on, who has partnered with Canada-based Enbridge Inc. and the UK Green Investment Bank plc.

Global Wind Turbine Operations and Maintenance Market: Regional Outlook

Based on geography, the global market for wind turbine operations and maintenance has been segmented into Asia Pacific, Europe, North America, and Rest of the World (RoW). Countries such as India, China, Spain, France, Germany, Scotland, and Brazil are some of the prominent users of wind energy and are therefore likely to account for a considerable share in the market. In the U.S., favorable government policies are backing the growth of the market. For instance, in 2013, a legislation that permits energy companies to transfer the costs of offshore wind credits to ratepayers was approved. Asia Pacific is a market with vast potential, with India and China being major contributors aiding the expansion of the market.

Global Wind Turbine Operations and Maintenance Market: Competitive Analysis

Some of the major companies operating in the global market for wind turbine operations and maintenance are Gamesa Corporación Tecnológica, Xinjiang Goldwind Science & Technologies, Vestas Wind Systems A/S, Upwind Solutions, Inc, GE Wind Turbine, Guodian United Power Technology Company Ltd., Nordex SE, Enercon GmbH, Siemens Wind Power GmbH, and Suzlon Group. A number of firms have been focusing on mergers and acquisitions to extend their presence across new regions.

About Us

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.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 Operations and Maintenance Market : Growth, Trends & Forecasts 2017 – 2025 here

News-ID: 977469 • Views: 293

More Releases from TMR Research

Autonomous Material Handling Technologies Market Growth and Restrain Factors Ana …
Increasing acceptance of automation and autonomous technologies across manufacturing and retail sectors has been the key factor responsible for the demand growth in autonomous material handling technologies. A growing trend miniaturization of material handling equipment across industries and critically reducing time for the final throughput are further pushing adoption prospects of autonomous material handling technologies. Technical glitches and expensive capital spending may remain the longstanding challenge widespread adoption of autonomous
Indoor Positioning & RTLS Market Future Growth Analysis by 2028
Global Indoor Positioning & RTLS Market: Snapshot Today beacon enabled smartphone apps are used for positioning the assets within a facility. However, these apps are limited to inherent and precision latency. In order to resolve these issues, various players of indoor positioning & RTLS market are integrating new technologies into their proximity solutions. These solutions provide precise and fast location detection and made it easy for businesses to expand their customer
Cloud DVR Market Key Players, Latest Trends, Future Strategies And Growth Foreca …
Cloud DVR Market: Snapshot A DVR or a digital video recorder is an electronic device that has a digital storage. These devices can digitally record videos and store it. Cloud DVRs can help the user to record their favourite television programs and shows and store them through cloud service. Also, cloud DVRs can be accessed from anywhere and any device. Such factors are helping to increase the popularity of the cloud
Mobile First Video Services Market Dynamics, Supply and Demand, Growth by 2028
Global Mobile First Video Services Market: Overview Nowadays, an average consumer watches more video on their mobile phones than any other device. According to a study by Cisco, mobile video will hold more than 75% share of the overall mobile traffic by 2021. Besides, smartphones will hold a share for over 50% in the global smart devices market. With integration of virtual reality (VR) and several other technological advancements on the

All 5 Releases


More Releases for Wind

Wind Energy Technology Market
HTF MI released a new market study on Southeast Asia Wind Energy Technology Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study
Global Small and Medium Wind Turbines Market 2018-2025 | Machinery Update : Berg …
Press Release – 20 Dec 2018 Research and Development News -- . . Latest Update "Global Small and Medium Wind Turbines Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future. ' ' This report presents the worldwide Small and Medium Wind Turbines market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market
Wind Energy Market Is Thriving Worldwide | Aegis Wind, Ainscough Wind Energy Ser …
HTF MI recently introduced Global Wind Energy Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Aegis Wind, Ainscough Wind Energy Services, Areva Wind, Aris Wind, Berkshire
Monika Thiele: Wind-Worte
GALERIE SUPPER, Baden-Baden, gladly announces the exhibition Wind-Worte with recent works of the artist Monika Thiele (b.1966, Erfurt). The evening also marks the beginning of the CAB-Event, which will transform the city center of Baden-Baden into a vibrant place for art the following Sunday afternoon. Thiele is known for her narrative portraits which are characterized by a dense net of interfering threads, producing a stunning depth. The complex layering of
Global Small and Medium Wind Turbines Market 2017 - Bergey Wind Power, Gaia-Wind …
Latest Research Report titled " Global Small and Medium Wind Turbines Market Professional Survey Report 2017 " features Key Market Players, Segments, Applications. Report Presents Global Market Survey, Growth, Challenges and Forecast. This report studies Small and Medium Wind Turbines in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to
Small and Medium Wind Turbines Market 2017-Bergey Wind Power, Gaia-Wind, United …
Ampair Evance Wind Turbines Endurance Wind Power Polaris America Windspire Energy Gaia-Wind Kestrel Wind Turbines Urban Green Energy ElectroVent MarketReports.biz, recently published a detailed market research study focused on the "Small and Medium Wind Turbines Market" across the global, regional and country level. The report provides 360° analysis of "Small and Medium Wind Turbines Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance