DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global and China Wind Farm O&M Industry Report, 2017-2021" report to their offering.
As the wind power installed capacity grows and the warranty period of a large number of wind turbines is coming to an end, wind farm O & M has become the focus of the industry. In 2016, the global wind farm O & M market size jumped 12% year on year to about USD10.75 billion; in 2021, the size will rise to USD18.612 billion.
China is the world's largest wind farm O & M market, with the market size of about USD2.716 billion and making up 25.3% of the global total in 2016. Given a rising number of wind turbines whose warranty period expires, China's wind farm O & M market size is anticipated to keep an AAGR of 13% during 2017-2021 and hit USD5.021 billion by 2021.
At present, Chinese wind farm O & M market still centers on regular maintenance and breakdown maintenance, which share more than 45% together. With the continuous introduction of new technologies and products, state maintenance will be the main development trend of the future wind farm O & M.
Currently, players in the Chinese wind farm O&M market can be mainly divided into three types: wind turbine manufacturers, wind farm developers and third-party O&M companies. In 2016, wind farm developers represented by Concord New Energy and Longyuan Power enjoyed the lion's share --74%, followed by wind turbine manufacturers such as Goldwind, Ming Yang Wind Power, United Power and SinovelWind Group with 15% and third-party O&M companies (still a small scale) including EULIKIND, Han Energy Technology and CLCP with 11%.
Key Topics Covered:
1 Overview of Wind Farm O&M
2 Global and Chinese Wind Power Market
3 Global Wind Farm O&M Market
4 Chinese Wind Farm O&M Market
5 Major Global and Chinese Wind Farm O&M Companies
- Concord New Energy
- EUM Wind Power Technologies Service (Beijing)
- East Environment Energy
- Han Energy Technology
- Longyuan Power
- Ming Yang Wind Power
- Sinovel Wind Group
- United Power
For more information about this report visit http://www.researchandmarkets.com/research/mfffrx/global_and_china