Operation and maintenance (O&M) costs constitute a sizeable share of the total annual costs of a wind turbine. For a new turbine, O&M costs may easily make up 20-25 per cent of the total levelised cost per kWh produced over the lifetime of the turbine. If the turbine is fairly new, the share may only be 10-15 per cent, but this may increase to at least 20-35 per cent by the end of the turbine's lifetime. As a result, O&M costs are attracting greater attention, as manufacturers attempt to lower these costs significantly by developing new turbine designs that require fewer regular service visits and less turbine downtime.
Market Analysis and Insights: Global Wind Farm Operation and Maintenance Market
The global Wind Farm Operation and Maintenance market size is projected to reach US$ 27590 million by 2028, from US$ 11590 million in 2021, at a CAGR of 12.7% during 2022-2028.
Vestas is one of the most important global key players of the wind farm operation and maintenance, holds more about 20% of shares of the global wind farm operation and maintenance market, other key players include Siemens gamesa, GE renewable energy, etc. In terms of end user, wind turbine manufacturer is the largest segment, with a share of about 50%, and in terms of application, the onshore wind segment holds a share of over 90 percent.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Wind Farm Operation and Maintenance market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Wind Farm Operation and Maintenance market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Wind Farm Operation and Maintenance market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Wind Farm Operation and Maintenance market.
Global Wind Farm Operation and Maintenance Scope and Market Size
Wind Farm Operation and Maintenance market is segmented by players, region (country), by End Users and by Application. Players, stakeholders, and other participants in the global Wind Farm Operation and Maintenance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by End Users and by Application for the period 2017-2028.
Segment by End Users
- Wind Farm Developer
- Wind Turbine Manufacturer
- Third Party Companies
Segment by Application
- Onshore Wind
- Offshore Wind
By Company
- Vestas
- Siemens gamesa
- GE renewable energy
- Enercon
- Goldwind
- Suzlon
- Global Wind Service
- Deutsche Windtechnik
- Stork
- Mingyang Smart ENERGY
- Ingeteam
- Envision Group
- Dongfang Electric Wind
- BHI Energy
- GEV Group
- EOS Engineering & Service Co., Ltd
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
TABLE OF CONTENTS
1 Report Business Overview
- 1.1 Study Scope
- 1.2 Market Analysis by End Users
- 1.2.1 Global Wind Farm Operation and Maintenance Market Size Growth Rate by End Users, 2017 VS 2021 VS 2028
- 1.2.2 Wind Farm Developer
- 1.2.3 Wind Turbine Manufacturer
- 1.2.4 Third Party Companies
- 1.3 Market by Application
- 1.3.1 Global Wind Farm Operation and Maintenance Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Onshore Wind
- 1.3.3 Offshore Wind
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Wind Farm Operation and Maintenance Market Perspective (2017-2028)
- 2.2 Wind Farm Operation and Maintenance Growth Trends by Region
- 2.2.1 Wind Farm Operation and Maintenance Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Wind Farm Operation and Maintenance Historic Market Size by Region (2017-2022)
- 2.2.3 Wind Farm Operation and Maintenance Forecasted Market Size by Region (2023-2028)
- 2.3 Wind Farm Operation and Maintenance Market Dynamics
- 2.3.1 Wind Farm Operation and Maintenance Industry Trends
- 2.3.2 Wind Farm Operation and Maintenance Market Drivers
- 2.3.3 Wind Farm Operation and Maintenance Market Challenges
- 2.3.4 Wind Farm Operation and Maintenance Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top Wind Farm Operation and Maintenance Players by Revenue
- 3.1.1 Global Top Wind Farm Operation and Maintenance Players by Revenue (2017-2022)
- 3.1.2 Global Wind Farm Operation and Maintenance Revenue Market Share by Players (2017-2022)
- 3.2 Global Wind Farm Operation and Maintenance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Wind Farm Operation and Maintenance Revenue
- 3.4 Global Wind Farm Operation and Maintenance Market Concentration Ratio
- 3.4.1 Global Wind Farm Operation and Maintenance Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Wind Farm Operation and Maintenance Revenue in 2021
- 3.5 Wind Farm Operation and Maintenance Key Players Head office and Area Served
- 3.6 Key Players Wind Farm Operation and Maintenance Product Solution and Service
- 3.7 Date of Enter into Wind Farm Operation and Maintenance Market
- 3.8 Mergers & Acquisitions, Expansion Plans
4 Wind Farm Operation and Maintenance Breakdown Data by End Users
- 4.1 Global Wind Farm Operation and Maintenance Historic Market Size by End Users (2017-2022)
- 4.2 Global Wind Farm Operation and Maintenance Forecasted Market Size by End Users (2023-2028)
5 Wind Farm Operation and Maintenance Breakdown Data by Application
- 5.1 Global Wind Farm Operation and Maintenance Historic Market Size by Application (2017-2022)
- 5.2 Global Wind Farm Operation and Maintenance Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America Wind Farm Operation and Maintenance Market Size (2017-2028)
- 6.2 North America Wind Farm Operation and Maintenance Market Size by End Users
- 6.2.1 North America Wind Farm Operation and Maintenance Market Size by End Users (2017-2022)
- 6.2.2 North America Wind Farm Operation and Maintenance Market Size by End Users (2023-2028)
- 6.2.3 North America Wind Farm Operation and Maintenance Market Share by End Users (2017-2028)
- 6.3 North America Wind Farm Operation and Maintenance Market Size by Application
- 6.3.1 North America Wind Farm Operation and Maintenance Market Size by Application (2017-2022)
- 6.3.2 North America Wind Farm Operation and Maintenance Market Size by Application (2023-2028)
- 6.3.3 North America Wind Farm Operation and Maintenance Market Share by Application (2017-2028)
- 6.4 North America Wind Farm Operation and Maintenance Market Size by Country
- 6.4.1 North America Wind Farm Operation and Maintenance Market Size by Country (2017-2022)
- 6.4.2 North America Wind Farm Operation and Maintenance Market Size by Country (2023-2028)
- 6.4.3 United States
- 6.4.4 Canada
7 Europe
- 7.1 Europe Wind Farm Operation and Maintenance Market Size (2017-2028)
- 7.2 Europe Wind Farm Operation and Maintenance Market Size by End Users
- 7.2.1 Europe Wind Farm Operation and Maintenance Market Size by End Users (2017-2022)
- 7.2.2 Europe Wind Farm Operation and Maintenance Market Size by End Users (2023-2028)
- 7.2.3 Europe Wind Farm Operation and Maintenance Market Share by End Users (2017-2028)
- 7.3 Europe Wind Farm Operation and Maintenance Market Size by Application
- 7.3.1 Europe Wind Farm Operation and Maintenance Market Size by Application (2017-2022)
- 7.3.2 Europe Wind Farm Operation and Maintenance Market Size by Application (2023-2028)
- 7.3.3 Europe Wind Farm Operation and Maintenance Market Share by Application (2017-2028)
- 7.4 Europe Wind Farm Operation and Maintenance Market Size by Country
- 7.4.1 Europe Wind Farm Operation and Maintenance Market Size by Country (2017-2022)
- 7.4.2 Europe Wind Farm Operation and Maintenance Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 7.4.8 Nordic Countries
8 Asia-Pacific
- 8.1 Asia-Pacific Wind Farm Operation and Maintenance Market Size (2017-2028)
- 8.2 Asia-Pacific Wind Farm Operation and Maintenance Market Size by End Users
- 8.2.1 Asia-Pacific Wind Farm Operation and Maintenance Market Size by End Users (2017-2022)
- 8.2.2 Asia-Pacific Wind Farm Operation and Maintenance Market Size by End Users (2023-2028)
- 8.2.3 Asia-Pacific Wind Farm Operation and Maintenance Market Share by End Users (2017-2028)
- 8.3 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Application
- 8.3.1 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Wind Farm Operation and Maintenance Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Region
- 8.4.1 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Wind Farm Operation and Maintenance Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
9 Latin America
- 9.1 Latin America Wind Farm Operation and Maintenance Market Size (2017-2028)
- 9.2 Latin America Wind Farm Operation and Maintenance Market Size by End Users
- 9.2.1 Latin America Wind Farm Operation and Maintenance Market Size by End Users (2017-2022)
- 9.2.2 Latin America Wind Farm Operation and Maintenance Market Size by End Users (2023-2028)
- 9.2.3 Latin America Wind Farm Operation and Maintenance Market Share by End Users (2017-2028)
- 9.3 Latin America Wind Farm Operation and Maintenance Market Size by Application
- 9.3.1 Latin America Wind Farm Operation and Maintenance Market Size by Application (2017-2022)
- 9.3.2 Latin America Wind Farm Operation and Maintenance Market Size by Application (2023-2028)
- 9.3.3 Latin America Wind Farm Operation and Maintenance Market Share by Application (2017-2028)
- 9.4 Latin America Wind Farm Operation and Maintenance Market Size by Country
- 9.4.1 Latin America Wind Farm Operation and Maintenance Market Size by Country (2017-2022)
- 9.4.2 Latin America Wind Farm Operation and Maintenance Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa Wind Farm Operation and Maintenance Market Size (2017-2028)
- 10.2 Middle East & Africa Wind Farm Operation and Maintenance Market Size by End Users
- 10.2.1 Middle East & Africa Wind Farm Operation and Maintenance Market Size by End Users (2017-2022)
- 10.2.2 Middle East & Africa Wind Farm Operation and Maintenance Market Size by End Users (2023-2028)
- 10.2.3 Middle East & Africa Wind Farm Operation and Maintenance Market Share by End Users (2017-2028)
- 10.3 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Application
- 10.3.1 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Wind Farm Operation and Maintenance Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Country
- 10.4.1 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Wind Farm Operation and Maintenance Market Size by Country (2023-2028)
- 10.4.3 Turkey
- 10.4.4 Saudi Arabia
- 10.4.5 UAE
11 Key Players Profiles
- 11.1 Vestas
- 11.1.1 Vestas Company Details
- 11.1.2 Vestas Business Overview
- 11.1.3 Vestas Wind Farm Operation and Maintenance Introduction
- 11.1.4 Vestas Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.1.5 Vestas Recent Developments
- 11.2 Siemens gamesa
- 11.2.1 Siemens gamesa Company Details
- 11.2.2 Siemens gamesa Business Overview
- 11.2.3 Siemens gamesa Wind Farm Operation and Maintenance Introduction
- 11.2.4 Siemens gamesa Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.2.5 Siemens gamesa Recent Developments
- 11.3 GE renewable energy
- 11.3.1 GE renewable energy Company Details
- 11.3.2 GE renewable energy Business Overview
- 11.3.3 GE renewable energy Wind Farm Operation and Maintenance Introduction
- 11.3.4 GE renewable energy Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.3.5 GE renewable energy Recent Developments
- 11.4 Enercon
- 11.4.1 Enercon Company Details
- 11.4.2 Enercon Business Overview
- 11.4.3 Enercon Wind Farm Operation and Maintenance Introduction
- 11.4.4 Enercon Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.4.5 Enercon Recent Developments
- 11.5 Goldwind
- 11.5.1 Goldwind Company Details
- 11.5.2 Goldwind Business Overview
- 11.5.3 Goldwind Wind Farm Operation and Maintenance Introduction
- 11.5.4 Goldwind Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.5.5 Goldwind Recent Developments
- 11.6 Suzlon
- 11.6.1 Suzlon Company Details
- 11.6.2 Suzlon Business Overview
- 11.6.3 Suzlon Wind Farm Operation and Maintenance Introduction
- 11.6.4 Suzlon Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.6.5 Suzlon Recent Developments
- 11.7 Global Wind Service
- 11.7.1 Global Wind Service Company Details
- 11.7.2 Global Wind Service Business Overview
- 11.7.3 Global Wind Service Wind Farm Operation and Maintenance Introduction
- 11.7.4 Global Wind Service Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.7.5 Global Wind Service Recent Developments
- 11.8 Deutsche Windtechnik
- 11.8.1 Deutsche Windtechnik Company Details
- 11.8.2 Deutsche Windtechnik Business Overview
- 11.8.3 Deutsche Windtechnik Wind Farm Operation and Maintenance Introduction
- 11.8.4 Deutsche Windtechnik Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.8.5 Deutsche Windtechnik Recent Developments
- 11.9 Stork
- 11.9.1 Stork Company Details
- 11.9.2 Stork Business Overview
- 11.9.3 Stork Wind Farm Operation and Maintenance Introduction
- 11.9.4 Stork Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.9.5 Stork Recent Developments
- 11.10 Mingyang Smart ENERGY
- 11.10.1 Mingyang Smart ENERGY Company Details
- 11.10.2 Mingyang Smart ENERGY Business Overview
- 11.10.3 Mingyang Smart ENERGY Wind Farm Operation and Maintenance Introduction
- 11.10.4 Mingyang Smart ENERGY Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.10.5 Mingyang Smart ENERGY Recent Developments
- 11.11 Ingeteam
- 11.11.1 Ingeteam Company Details
- 11.11.2 Ingeteam Business Overview
- 11.11.3 Ingeteam Wind Farm Operation and Maintenance Introduction
- 11.11.4 Ingeteam Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.11.5 Ingeteam Recent Developments
- 11.12 Envision Group
- 11.12.1 Envision Group Company Details
- 11.12.2 Envision Group Business Overview
- 11.12.3 Envision Group Wind Farm Operation and Maintenance Introduction
- 11.12.4 Envision Group Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.12.5 Envision Group Recent Developments
- 11.13 Dongfang Electric Wind
- 11.13.1 Dongfang Electric Wind Company Details
- 11.13.2 Dongfang Electric Wind Business Overview
- 11.13.3 Dongfang Electric Wind Wind Farm Operation and Maintenance Introduction
- 11.13.4 Dongfang Electric Wind Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.13.5 Dongfang Electric Wind Recent Developments
- 11.14 BHI Energy
- 11.14.1 BHI Energy Company Details
- 11.14.2 BHI Energy Business Overview
- 11.14.3 BHI Energy Wind Farm Operation and Maintenance Introduction
- 11.14.4 BHI Energy Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.14.5 BHI Energy Recent Developments
- 11.15 GEV Group
- 11.15.1 GEV Group Company Details
- 11.15.2 GEV Group Business Overview
- 11.15.3 GEV Group Wind Farm Operation and Maintenance Introduction
- 11.15.4 GEV Group Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.15.5 GEV Group Recent Developments
- 11.16 EOS Engineering & Service Co., Ltd
- 11.16.1 EOS Engineering & Service Co., Ltd Company Details
- 11.16.2 EOS Engineering & Service Co., Ltd Business Overview
- 11.16.3 EOS Engineering & Service Co., Ltd Wind Farm Operation and Maintenance Introduction
- 11.16.4 EOS Engineering & Service Co., Ltd Revenue in Wind Farm Operation and Maintenance Business (2017-2022)
- 11.16.5 EOS Engineering & Service Co., Ltd Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer