Wind energy is a rapidly growing market segment of the composites industry. It is the fastest growing energy sector. This has spawned the growing interest and need for Maintenance, Repair and Overhaul (MRO) services for wind turbines. The market for MRO services has been dominated by the Original Equipment Manufacturers. However as the market matures and the demand for after-market services outstrips supply we foresee a strong shift towards third party contacting by the OEMs and the growth of the Independent Service Providers (ISP) market.
Here we present a comprehensive analysis of the global and regional MRO markets as well as market size by the main components – gearbox, generators and wind blades that constitute almost 90% of all MRO costs. Strategic insights and recommendations to meet the challenges and opportunities of this market will prove to be invaluable for all market players in the wind energy market. The global MRO market is expected to be nearly $9 billion in 2013 growing at an annual rate of 18% from 2008-2013. The key MRO growth markets will be that of US and China where new wind energy capacity is expected to see strong growth in the next 5 years. Europe will continue to have a strong MRO market for its aging wind turbines. However, with a slow down in new capacity growth, the MRO market in Europe is expected to grow at 14% compared to the Asian and North American markets at 24% during 2008-2013.
This unique 117-page report from us provides all the valuable information and tools that you may need in operating your business successfully in the wind MRO market. In today’s global economy, you need every advantage that you can find to keep you ahead in your business. Learn about current and future trends, identify key players, and explore the directions that the wind MRO market is heading for.
Features of This Report:
To make any investment, business or strategic decisions, businesses need timely and adequate information. This market report fulfills this core need. This is an indispensable reference guide for MRO service providers, Wind farm Operators, Energy Utility companies, Investors, researchers, engineers, distributors and many more, who participate in the wind energy industry. Some of the key features of this market report are:
Benefits of Report:
Our core competency is market research and management consulting. In the last 10 years, we have worked on hundreds of market research studies, and we do it better, faster and more cost effectively than others. Our market report offers following benefits:
Who Can Benefit From This Report?
The study is intended for MRO Service providers, Wind farm operators, Investors, executives and consultants. The multi-client market studies from us are used by small to multinational Fortune 500 companies and utilized for a variety of reasons: