The global wind energy market has experienced significant growth, resulting in more than 460 GW of installed capacity requiring ongoing operations and maintenance support. The O&M industry has responded to challenges in maintaining this immense fleet by flooding the aftermarket with innovations to reduce operating expenditures, increase energy output and maintain high levels of technical availability.
Key points include:
- The revenue opportunity in global wind turbine services is expected to exceed $27 billion by 2026
- Turbine OEMs globally have taken notice of the promise of a robust O&M market, and are aggressively pursuing service agreements post-warranty
- ISPs present an alternative to the turbine OEM for aftermarket service
For our Extended, Premium, Premium+, Superior, and Offshore subscribers, remember to keep an eye out for the webinar invitation, and join Senior Consultant Aaron Barr when he digs into this year’s key trends.
MAKE’s 2017 Global Wind Turbine O&M Report is a 70+ page report containing over 140 charts, tables and graphs providing an in-depth analysis of global wind power services market and strategies. Key topics covered include the global O&M market opportunity, services strategies of leading asset owners, pricing and terms of O&M contracts and regional installed base segmentation.
Filed Under: O&M