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Global Wind Services Market 2018-2022

  • Published: Dec 2018
  • Pages: 106
  • SKU: IRTNTR23596
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The global wind services market size will grow by USD 7.78 billion during 2018-2022. This report offers an analysis of the market based on application (offshore and onshore) and geography (the Americas, APAC, and EMEA). The wind services market research report analyzes the market’s competitive landscape and offers information on several companies including GENERAL ELECTRIC, Nordex, Senvion, Siemens Gamesa Renewable Energy, Suzlon Energy, and Vestas.

Below are some of the key findings from the wind services market research report:

Wind Services Market

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Global wind services industry overview

The adoption of renewable sources of energy is increasing at a significant rate due to the growing levels of GHG emissions resulting from the use of fossil fuels. The growing adoption of renewable sources of energy such as wind turbines can also be attributed to the subsidies provided by governments of several countries. The key countries that are adopting wind energy in offshore locations include  China, the US, the UK, and India. These wind turbines require regular maintenance to ensure optimal performance which is leading to an increase in demand for wind services.  Thus, the rising number of wind turbine installations will be one of the key factors that will drive the wind services market growth during the forecast period. 

The growing number of offshore wind turbines will be one of the key wind services market trends that will impact growth during the forecast period. According to IEA, the offshore wind segment grew by 23% in 2017. Countries such as China, Germany, and the UK are increasingly focusing on the development of offshore wind farms to increase the capacity of grid energy storage. The benefits of offshore wind turbines include high wind speed and limited fluctuations in wind speed. Thus, the growing number of offshore wind turbines will increase the demand for wind services during the forecast period.

Top wind services companies covered in this market research report

The wind services market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this wind services industry analysis report will help clients identify and design new growth strategies.

The report offers a complete analysis of various companies including:

  • GENERAL ELECTRIC
  • Nordex
  • Senvion
  • Siemens Gamesa Renewable Energy
  • Suzlon Energy
  • Vestas

Wind services market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, APAC will account for the highest wind services market share throughout the forecast period. This region will also register the highest incremental growth in the wind services market during the forecast period.

Wind services market segmentation based on application

  • Onshore
  • Offshore

The onshore segment will account for the largest share of the wind services market throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of all the products segments to the growth of the wind services market size.

Key highlights of the global wind services market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the wind services market during the next five years
  • Precise estimation of the global wind services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the wind services industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of wind services companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Overview
  • Comparison by application
  • Onshore – Market size and forecast 2017-2022
  • Offshore – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Growing number of offshore wind turbines
  • Development of hybrid model
  • Declining LCOE of wind power generation

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • GENERAL ELECTRIC
  • Nordex
  • Senvion
  • Siemens Gamesa Renewable Energy
  • Suzlon Energy
  • Vestas

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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