Insights on the Wind Turbine Operations and Maintenance Global Market to 2027 - Featuring B9 Energy, GE Power and Nordex Among Others - ResearchAndMarkets.com

The "Wind Turbine Operations and Maintenance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, February 12, 2021
Information
Tags: 
Alternative energy, Energy, Electrical engineering, Energy, Companies, Aerodynamics, Electric power, Electromechanical engineering, Energy conversion, Wind turbine, General Electric
Geotags: 
JAPAN, US, EUROPE, CHINA, CANADA, GERMANY
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Summary
Key Points: 
  • The "Wind Turbine Operations and Maintenance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The publisher brings years of research experience to the 9th edition of this report.
  • The 136-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021.
  • The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 6% CAGR
    The Wind Turbine Operations and Maintenance market in the U.S. is estimated at US$5.3 Billion in the year 2020.


The "Wind Turbine Operations and Maintenance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 9th edition of this report. The 136-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Wind Turbine Operations and Maintenance Market to Reach $27.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Wind Turbine Operations and Maintenance estimated at US$17.9 Billion in the year 2020, is projected to reach a revised size of US$27.6 Billion by 2027, growing at a CAGR of 6.4% over the period 2020-2027.

Onshore Wind Turbine O&M, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$22.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Offshore Wind Turbine O&M segment is readjusted to a revised 17.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 6% CAGR

The Wind Turbine Operations and Maintenance market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Competitors identified in this market include, among others:

  • B9 Energy Group
  • GE Power
  • Nordex SE
  • One Wind
  • Siemens AG
  • Siemens Gamesa Renewable Energy, S. A.
  • Suzlon Energy Ltd.
  • Vestas Wind Systems A/S
  • Wind Prospect Pty Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Wind Turbine Operations and Maintenance Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 52

For more information about this report visit https://www.researchandmarkets.com/r/b9t5b4

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