Sunday, 14 September 2014

Worldwide Wind Energy O&M Industry Segments Growth: application, service provider, geography

O&M is crucial in any wind energy system and is still quite capital intensive. This is because the use of wind energy does not require fuel expenses; therefore, the expenditure for the equipment represents the main component cost. An adequate O&M is necessary to protect the equipment to keep them running during their expected lifetime. Good O&M practices can optimize the profitability of wind farms, thereby ultimately reducing the downtime of the turbines or leading to the extension of their lifespan. O&M also tends to be high for offshore wind energy systems compared to the terrestrial wind energy systems. This is because of the difficulty and the logistics of maintaining wind turbines in harsh marine environments.

Analysts forecast the Global Wind Energy O&M market to grow at a CAGR of 12.7 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in the Global Wind Energy Operation and Maintenance (O&M) Market: Enercon GmbH, Gamesa Corporacion Tecnologica SA, Siemens AG, Vestas Wind Systems A/S and Xinjiang Goldwind Science & Technology Co. Ltd.

Other Prominent Vendors in the market are: GE Energy, Sinovel and Suzlon Energy.

One of the potential emerging trends in this market trend is the increasing investment by original equipment manufacturers. Some of them are investing in their own technological footprints to reduce the onshore logistics costs.


Covered in this Report
This report covers the present scenario and the growth prospects of the Global Wind Energy O&M market for the period 2014-2018. The report includes the data of the Global Wind Energy O&M market based on the following criteria: application, service provider, geography.

Global Wind Energy O&M Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Wind Energy O&M market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers in this market is the aging infrastructure of wind farms. Aging wind farms constantly require O&M activities for the equipment installed such as gearbox, motors, controllers, and brakes.

Further, the report states that one of the major challenges in this market is the lack of skilled workforce. Wind farm maintenance and repair requires a skilled and knowledgeable workforce that only major vendors possess. O&M is a capital-intensive process that results in huge expenditure.

Single User License of the Report is Available at USD 2500, Buy the Report @ http://www.sandlerresearch.org/purchase?rname=23066 .