Chinese Wind Farm Operation & Maintenance Market Worth USD 9.84 Billion By 2016

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China Wind Farm Operation Maintenance (OM)
Industry Report, 2014-2016byResearch in China
Published November 2014 No of Pages 88 Single
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China Wind Farm Operation Maintenance (OM)
Industry Report, 2014-2016
Global wind farm operations and maintenance (OM)
market size had increased progressively year
after year during 2008-2013, attaining to USD
7.35 billion in 2013, and is predicted to reach
USD 9.84 billion in 2016, with China contributing
USD 1.77 billion, or 18 of global
market. Europe, as the worlds largest wind farm
OM market and the first to develop such
business, takes up more than 50 of global wind
farm OM market. In 2013, German wind farm OM
market equalled to EUR 1.2 billion, or 44 of
entire European market, followed by Spain (28)
and Britain (13). The expansion of Western
European wind farm OM market will be propped up
mainly by offshore wind farms in Germany, Britain
and Italy Poland will stand out from the
emerging Eastern European wind farm OM markets
with significant growth.
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China Wind Farm Operation Maintenance (OM)
Industry Report, 2014-2016
As China started wind farm construction on a
large scale from 2009, most of wind turbines have
come out of warranty from about 2012. The number
of wind turbines coming out of warranty stood at
6,769 in 2013, and is expected to total 12,182 in
2014. A surge in the number of wind turbines out
of warranty period will greatly promote the
development of the Chinese wind farm OM market,
which saw an annual average growth rate of 142,
and is expected to be worth about USD 1.4 billion
in 2014. At present, competitors in the Chinese
wind farm OM market can be divided into three
main types wind turbine manufacturers, wind farm
developers and third party OM companies.
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China Wind Farm Operation Maintenance (OM)
Industry Report, 2014-2016
Xinjiang Goldwind Science Technology Co., Ltd,
a leader in Chinas wind turbine manufacturing,
set up a subsidiary- Tianyuan New Energy
Technology Co., Ltd. that specializes in wind
power services in 2005, and achieved revenue of
RMB 240 million from wind farm OM business in
the first half of 2014. With regard to wind power
developer and operator, large developers usually
establish overhaul companies, like Beijing
Century Concord Operation and Maintenance Wind
Power Technology Co., Ltd. under China WindPower
Group Limited. Due to technical barriers put by
manufacturers, third-party OM companies are
small in China, only being responsible for
maintenance of specific fields in the early
stage, like Shenyang Gideon Wind Power Science
Technology Co., Ltd, which engages mainly in
grounding grid engineering construction.
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China Wind Farm Operation Maintenance (OM)
Industry Report, 2014-2016
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