Industry Report Global and China Wind Farm Operation and Maintenance, 2015-2018

Bharat Book Bureau provides the report, on “Industry Report Global and China Wind Farm Operation and Maintenance, 2015-2018” The report Global wind farm O & M market size and geographical distribution; development of European wind farm O & M market. https://www.bharatbook.com/alternative-renewable-market-research-reports-739206/global-china-wind-farm-operation-maintenance.html

11th Jan 2016 - Mumbai, India: Bharatbook.com announces a report on “Industry Report Global and China Wind Farm Operation and Maintenance, 2015-2018” This Report wind farm O & M business is operated by its subsidiary Beijing Concord O & M Wind Power Technology Co., Ltd. with five maintenance bases.

In 2014, the global wind farm O & M market size hit USD 9.25 billion, representing a year-on-year growth rate of 25.8%; by 2018, the market size is expected to reach USD13.78 billion. The mainstream onshore wind farm O & M market seized the share of 90.2% in 2014, much higher than the rest offshore wind farm O & M market. With the accelerating construction of offshore wind power, the global offshore wind farm O & M market is expected to grow at above 20% in 2015-2018.

China ranks first worldwide in terms of wind farm O&M market size. In 2014, the country achieved USD2.18 billion, accounting for 23.6%. Since the warranty period of a large number of wind turbines made in 2009 is approaching, China’s wind farm O & M market size will surge to USD 3.512 billion by 2018.

At present, players in the Chinese wind farm O&M market can be divided into three main types: wind turbine manufacturers, wind farm developers and third-party O&M companies. In 2015, wind farm developers enjoy the lion’s share --74.6%, followed by wind turbine manufacturers with 14.8%. Third-party O&M companies have a relatively small scale owing to technical barriers.

Concord New Energy is a major wind farm developer in China. Its wind farm O & M business is operated by its subsidiary Beijing Concord O & M Wind Power...