Dec 19 2009
A new report entitled ‘Opportunity Assessment for Maintenance, Repair and Overhaul in the Global Wind Energy Market’ has been released by Reportlinker.com.
In this report, Lucintel is of the opinion that a wide number of opportunities are available for suppliers of repair, overhaul services and maintenance through annual outages, planned and unplanned maintenance, long-term maintenance contracts, long-term service agreements, periodical improvements of different plants and equipment and corrective repair. Service providers are attracted towards the current expenditures of maintenance, repair and overhaul (MRO) costs which contribute to 20% - 25% of expenditures in the wind turbine market.
Rapid developments are seen in wind power from a global outlook. The global installed capacity of wind power within the past 10 years has increased from 7 GW to about 100 GW towards the end of the year 2007. An increase in opportunity for after-market service providers is expected as a result of the aging of wind farms. A thorough understanding of the maintenance, repair and overhaul needs and policies of wind farms across the world along with important strategic opportunities is provided in this report.
The study covers topics related to the current practices and preferences of wind farms with reference to the maintenance, repair, and overhaul practices. A list of important service providers, the impact of turbine capacity on MRO cost, MRO market size in regional and global wind turbine market, MRO market size breakdown according to the type of service and type of components (gear box, generator, blade) and an analysis on the trends and forecasts for MRO market is analyzed in this study.
Vital information related to the wind energy market is provided by this report and this includes information related to the maintenance and operational areas conducted in-house vs. outsourced, and list of MRO service providers.