World & China Wind Farm Operation and Maintenance Market Assessed in ResearchInChina Report Available at MarketPublishers.com01 Feb 2016 • by Natalie Aster
LONDON – The size of the global wind farm O&M market reached the USD 9.25 billion mark in 2014, posting 25.8% YoY growth. In 2018, the market size is poised to amount to USD 13.78 billion. The mainstream onshore wind farm O&M market grabbed 90.2% of the market in 2014. With the rise of the construction of offshore wind power, the global offshore wind farm O&M market will likely grow at more than 20% through to 2018.
Globally, China ranks second to none with respect to the wind farm O&M market size. In 2014, the domestic market reached the USD 2.18 billion mark, capturing just over 23.5%. As the warranty period of a vast number of wind turbines manufactured in 2009 is moving closer, the Chinese wind farm O&M market size is poised to reach the USD 3.512 billion mark by 2018.
To date, the players in the Chinese wind farm O&M market are classified into the 3 major types, including wind turbine makers, wind farm developers and third-party O&M firms. In 2015, wind farm developers account for the dominant share (74.6%), followed by wind turbine manufacturers (14.8%); third-party O&M companies have a relatively small market share due to a number of technical barriers.
New market research study “Global and China Wind Farm Operation and Maintenance (O&M) Industry Report, 2015-2018” elaborated by ResearchInChina offers an all-round analysis of the current situation in the wind farm O&M market on a global level and in China. It gives insights into the global wind power installed capacity and distribution; gives data on China's wind power nominal capacity, structure by region, reviews the development of offshore wind power and corporate entity. The report provides the world wind farm O&M market size and geographic distribution; reviews the development of the wind farm O&M market in the European region; analyses the Chinese wind farm O&M market size, presents cost analysis and canvasses the competitive landscape. It features the operation and development in China of the world’s 5 leading wind farm O&M companies, as well as the operation and development strategies of the top 11 Chinese market participants.
Global and China Wind Farm Operation and Maintenance (O&M) Industry Report, 2015-2018
Published: January, 2016
Price: US$ 4,050.00
More reports elaborated by ResearchInChina can be found at its page.