Global Top 16 Companies Accounted for 50% of total Wind Farm Operation and Maintenance market (Business Opportunities - Marketing & Sales)

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Global Top 16 Companies Accounted for 50% of total Wind Farm Operation and Maintenance market


Operation and maintenance (O&M) costs constitute a sizeable share of the total annual costs of a wind turbine. For a new turbine, O&M costs may easily make up 20-25 per cent of the total levelised cost per kWh produced over the lifetime of the turbine. If the turbine is fairly new, the share may only be 10-15 per cent, but this may increase to at least 20-35 per cent by the end of the turbine’s lifetime. As a result, O&M costs are attracting greater attention, as manufacturers attempt to lower these costs significantly by developing new turbine designs that require fewer regular service visits and less turbine downtime.
The global key manufacturers of Wind Farm Operation and Maintenance include Vestas, Siemens gamesa, GE renewable energy, Goldwind, Enercon, Suzlon, Global Wind Service, Deutsche Windtechnik, Stork, Mingyang Smart ENERGY, etc. In 2021, the global top five players had a share approximately 50.0% in terms of revenue.

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Last Update : 11 May 2024 4:37 AM
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