Opportunity Assessment for Maintenance, Repair & Overhaul in the Global Wind Energy Market: Trends, Forecasts & Economic Analysis 2008-2013
Lucintel believes that an enormous opportunity is available for suppliers of maintenance, repair and overhaul services through planned and unplanned maintenance, annual outages, long-term service agreements (LTSAs), long term maintenance contracts, corrective repair, and complete periodic overhaul of various plant and equipment (i.e., replacement parts business). Currently, maintenance, repair and overhaul costs contribute to 20% - 25% of expenditures in the wind turbine market. Thus MRO spending trends are increasingly attracting the attention of service providers.
From a global perspective, wind power is undergoing rapid development. Within the past 10 years, the global installed capacity increased from 7 GW to around 100 GW at the end of 2007. With the aging of wind farms, the opportunity for after-market service providers is bound to grow. This research will provide an understanding of the maintenance, repair and overhaul requirements and strategies of wind farms globally, as well as the key strategic opportunities and players within this sector.
In particular, this study will provide the following:
From a global perspective, wind power is undergoing rapid development. Within the past 10 years, the global installed capacity increased from 7 GW to around 100 GW at the end of 2007. With the aging of wind farms, the opportunity for after-market service providers is bound to grow. This research will provide an understanding of the maintenance, repair and overhaul requirements and strategies of wind farms globally, as well as the key strategic opportunities and players within this sector.
In particular, this study will provide the following:
- Current Practices: An understanding of current practices and preferences of wind farms related to maintenance, repair and overhaul services, including frequency & duration of scheduled maintenance and major overhauls;
- Supplier Selection Criteria: An understanding of the key criteria for supplier selection; list of major service providers
- MRO Cost Analysis: Major maintenance, repair and overhaul costs; Impact of turbine capacity on MRO cost;
- Market Estimates: Market size of MRO in Global Wind Turbine Market;
- Market segmentation: MRO market size breakdown by type of service (maintenance, repair, overhaul), type of components (blade, gear box, generator);
- Regional Analysis: Market size of MRO by region;
- Trends and Forecasts Analysis: Trends (2002-2007) and Forecasts (2008-2013) for MRO market in terms of market size, technology changes, and types of service.
- Strategic Analysis: A sound basis, in the form of a framework for maintenance, repairs and overhauls suppliers to formulate an effective competitive strategy.
- Operational and maintenance areas conducted in-house vs. outsourced;
- Understanding of global wind energy market in terms of trends in cumulative installed capacity and forecast for 2009-2014
- List of MRO service providers;
- Lead time to OEMs for major overhaul jobs;
1. EXECUTIVE SUMMARY
2. WIND MRO MARKET: CURRENT PRACTICES
Defining the market- maintenance, repair and overhaul activities
Typical MRO activities by main components- Gearbox, Generators, Wind Blades
The impact of project size, age of turbines, environmental conditions and direct costs on the MRO budgets
3. COMPETITIVE ANALYSIS OF MARKET PLAYERS
Regional analysis of MRO market players
Benchmarking analysis for Service Providers
Key Service provider selection criteria
Strengths and Challenges analysis for OEMs, ISPs & In-house services
Wind energy Market Value chain
MRO Market Value Chain
4. GLOBAL WIND MRO SERVICES ASSESSMENT
Wind MRO costs by main components. Gearbox, Generator, Blade.
MRO market size by component in 2007
Regional analysis Wind MRO market for North America, Europe, Asia- Pacific in 2007
5. MRO MARKET TRENDS AND FORECASTS
MRO market trends (2002-2007) by Gearbox, Generator, Blade services
MRO market trends segmented by North American, European and Asia- Pacific markets
Regional MRO market outlook 2008-2013
6. STRATEGIC ANALYSIS FOR MRO SERVICES
Analysis to leverage the driving forces of growing competition, exponential growth in the wind energy market and changing characteristics of project owners.
Recommendations to meet the challenges of component supply bottlenecks, skilled labor shortfall
Competitive strategy for developing strong OEM, ISP and In-house servicing models
7. RESEARCH CONCLUSIONS
8. APPENDIX
List of Wind MRO Service providers with company contact information, by key regions
2. WIND MRO MARKET: CURRENT PRACTICES
Defining the market- maintenance, repair and overhaul activities
Typical MRO activities by main components- Gearbox, Generators, Wind Blades
The impact of project size, age of turbines, environmental conditions and direct costs on the MRO budgets
3. COMPETITIVE ANALYSIS OF MARKET PLAYERS
Regional analysis of MRO market players
Benchmarking analysis for Service Providers
Key Service provider selection criteria
Strengths and Challenges analysis for OEMs, ISPs & In-house services
Wind energy Market Value chain
MRO Market Value Chain
4. GLOBAL WIND MRO SERVICES ASSESSMENT
Wind MRO costs by main components. Gearbox, Generator, Blade.
MRO market size by component in 2007
Regional analysis Wind MRO market for North America, Europe, Asia- Pacific in 2007
5. MRO MARKET TRENDS AND FORECASTS
MRO market trends (2002-2007) by Gearbox, Generator, Blade services
MRO market trends segmented by North American, European and Asia- Pacific markets
Regional MRO market outlook 2008-2013
6. STRATEGIC ANALYSIS FOR MRO SERVICES
Analysis to leverage the driving forces of growing competition, exponential growth in the wind energy market and changing characteristics of project owners.
Recommendations to meet the challenges of component supply bottlenecks, skilled labor shortfall
Competitive strategy for developing strong OEM, ISP and In-house servicing models
7. RESEARCH CONCLUSIONS
8. APPENDIX
List of Wind MRO Service providers with company contact information, by key regions
LIST OF FIGURES
Fig. 1.1 Porter’s Five Forces model for the Global wind MRO market
Fig. 2.1 Percentage share of Maintenance, Repair and Overhaul costs for a 1.5 MW wind turbine.
Fig. 2.2 Analysis of the annual failure frequency and average down time of the main wind turbine components.
Fig. 3.1 Region wise comparison of market share - OEMs, ISPs, In-house services (2007 & 2013)
Fig. 3.2 Wind Energy market value chain
Fig. 3.3 Wind MRO market value chain
Fig. 4.1 Percentage contribution to the total MRO costs by different components -2007
Fig. 5.1 Global MRO market trends 2002- 2007 ($ billion)
Fig. 5.1 Region-wise market share total MRO market (2008-2013)
Fig. 5.2 Forecasted Regional share of wind MRO market in 2013
Fig. 5.3 Forecast of the MRO market size ($ million) by component type (2008-2013)
Fig. 5.4 Forecast of the MRO market size ($ million) by component type (2008-2013)
Fig. 1.1 Porter’s Five Forces model for the Global wind MRO market
Fig. 2.1 Percentage share of Maintenance, Repair and Overhaul costs for a 1.5 MW wind turbine.
Fig. 2.2 Analysis of the annual failure frequency and average down time of the main wind turbine components.
Fig. 3.1 Region wise comparison of market share - OEMs, ISPs, In-house services (2007 & 2013)
Fig. 3.2 Wind Energy market value chain
Fig. 3.3 Wind MRO market value chain
Fig. 4.1 Percentage contribution to the total MRO costs by different components -2007
Fig. 5.1 Global MRO market trends 2002- 2007 ($ billion)
Fig. 5.1 Region-wise market share total MRO market (2008-2013)
Fig. 5.2 Forecasted Regional share of wind MRO market in 2013
Fig. 5.3 Forecast of the MRO market size ($ million) by component type (2008-2013)
Fig. 5.4 Forecast of the MRO market size ($ million) by component type (2008-2013)
LIST OF TABLES
Table 1.1 Market parameters for the Global Wind MRO market and attributes of end users
Table 3.1 Region wise comparison of market share - OEMs, ISPs, In-house services (2007 & 2013)
Table 3.2 Customer satisfaction scores for the major MRO service providers in Germany 2004 -2007
Table 4.1 2007 market for MRO services component wise ($million)
Table 4.2 World MRO market size ($ billion) in 2007
Table 4.3 The European MRO market in 2007
Table 4.4 North American MRO market in 2007
Table 4.5 Asia Pacific MRO market in 2007
Table 5.1 Global MRO market trends 2002-2007 ($ billion)
Table 5.2 Component wise MRO market trends (billion $) 2002- 2007
Table 5.3 European MRO market trends 2002- 2007
Table 5.4 North American MRO market trend 2002- 2007
Table 5.5 Asia Pacific MRO market trend 2002- 2007
Table 5.6 Analysis of regional MRO market forecasts, 2008- 2013
Table 5.7 European MRO market forecasts from 2008- 2013
Table 5.8 North America MRO market forecasts from 2008- 2013
Table 5.9 Asia Pacific MRO market forecasts from 2008- 2013
Table 5.10 Forecast of the MRO market size (billion $) by component type (2008-2013)
Table 5.11 Regional markets for wind turbine gearbox MRO services ($ million), 2008-2013
Table 5.12 Forecasts for regional wind Generator MRO markets ($ million), 2008-2013
Table 5.13 Forecasts for Regional Wind Blade MRO markets ($ million), 2008-2013
Table 1.1 Market parameters for the Global Wind MRO market and attributes of end users
Table 3.1 Region wise comparison of market share - OEMs, ISPs, In-house services (2007 & 2013)
Table 3.2 Customer satisfaction scores for the major MRO service providers in Germany 2004 -2007
Table 4.1 2007 market for MRO services component wise ($million)
Table 4.2 World MRO market size ($ billion) in 2007
Table 4.3 The European MRO market in 2007
Table 4.4 North American MRO market in 2007
Table 4.5 Asia Pacific MRO market in 2007
Table 5.1 Global MRO market trends 2002-2007 ($ billion)
Table 5.2 Component wise MRO market trends (billion $) 2002- 2007
Table 5.3 European MRO market trends 2002- 2007
Table 5.4 North American MRO market trend 2002- 2007
Table 5.5 Asia Pacific MRO market trend 2002- 2007
Table 5.6 Analysis of regional MRO market forecasts, 2008- 2013
Table 5.7 European MRO market forecasts from 2008- 2013
Table 5.8 North America MRO market forecasts from 2008- 2013
Table 5.9 Asia Pacific MRO market forecasts from 2008- 2013
Table 5.10 Forecast of the MRO market size (billion $) by component type (2008-2013)
Table 5.11 Regional markets for wind turbine gearbox MRO services ($ million), 2008-2013
Table 5.12 Forecasts for regional wind Generator MRO markets ($ million), 2008-2013
Table 5.13 Forecasts for Regional Wind Blade MRO markets ($ million), 2008-2013
