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Global Wind Services Market 2018-2022

Global Wind Services Market 2018-2022

About this market

Growing number of offshore wind turbines is likely to gain traction in the market. According to IEA, China, Germany, and the UK have been focusing on the development of offshore wind farms to increase their capacity of grid energy storage. The benefits of offshore wind turbines include high wind speed and limited fluctuations in wind speed. Technavio’s analysts have predicted that the wind services market will register a CAGR of more than 12% by 2022.

Market Overview

Rising number of wind turbine installations

The growing levels of CHG emissions due to the use of fossil fuels is increasing the adoption of renewable sources of energy.

Rising demand for solar PV

Solar energy is generated by harnessing heat from the sun to convert into other forms of energy such as heat and electricity. The rising demand for solar PV due to reducing cost is a challenge for the growth of the global wind services market.

For the detailed list of factors that will drive and challenge the growth of the wind services market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Suzlon Energy and Vestas the competitive environment is quite intense. Factors such as the rising number of wind turbine installations and the growing number of offshore wind turbines, will provide considerable growth opportunities to wind services manufactures. GENERAL ELECTRIC, Nordex, Senvion, Siemens Gamesa Renewable Energy, Suzlon Energy, and Vestas are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global wind services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global wind services market: Segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global wind services market: Market size and forecast 2017-2022 ($ mn)
      • Table Advantages of onshore and offshore wind farms
      • Table Global wind services market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by application
    • Overview
      • Table Segmentation by application: Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Onshore - Market size and forecast 2017-2022
      • Table Onshore: Market size and forecast 2017-2022 ($ mn)
      • Table Onshore: Year-over-year growth 2018-2022 (%)
    • Offshore - Market size and forecast 2017-2022
      • Table Offshore: Market size and forecast 2017-2022 ($ mn)
      • Table Offshore: Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Segmentation by geography: Market share 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC: Market size and forecast 2017-2022 ($ mn)
      • Table APAC: Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA: Market size and forecast 2017-2022 ($ mn)
      • Table EMEA: Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas: Market size and forecast 2017-2022 ($ mn)
      • Table Americas: Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global cumulative wind capacity installation 2007-2017 (MW)
    • Market challenges
      • Table Global cumulative installed solar PV capacity 2007-2017 (GW)
  • Market trends
    • Growing number of offshore wind turbines
      • Table Global offshore wind power generation from 2010-2022 (TWh)
    • Development of hybrid model
    • Declining LCOE of wind power generation
      • Table Indexed LCOE of onshore and offshore wind power generation 2010-2017
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • GENERAL ELECTRIC
      • Table GENERAL ELECTRIC: Overview
      • Table GENERAL ELECTRIC: Product segments
      • Table GENERAL ELECTRIC: Organizational developments
      • Table GENERAL ELECTRIC: Geographic focus
      • Table GENERAL ELECTRIC: Segment focus
      • Table GENERAL ELECTRIC: Key offerings
    • Nordex
      • Table Nordex: Overview
      • Table Nordex: Business segments
      • Table Nordex: Organizational developments
      • Table Nordex: Geographic focus
      • Table Nordex: Segment focus
      • Table Nordex: Key offerings
    • Senvion
      • Table Senvion: Overview
      • Table Senvion: Business segments
      • Table Senvion: Organizational developments
      • Table Senvion: Geographic focus
      • Table Senvion: Segment focus
      • Table Senvion: Key offerings
    • Siemens Gamesa Renewable Energy
      • Table Siemens Gamesa Renewable Energy: Overview
      • Table Siemens Gamesa Renewable Energy: Business segments
      • Table Siemens Gamesa Renewable Energy: Organizational developments
      • Table Siemens Gamesa Renewable Energy: Segment focus
      • Table Siemens Gamesa Renewable Energy: Key offerings
    • Suzlon Energy
      • Table Suzlon Energy: Overview
      • Table Suzlon Energy: Business segments
      • Table Suzlon Energy: Organizational developments
      • Table Suzlon Energy: Geographic focus
      • Table Suzlon Energy: Segment focus
      • Table Suzlon Energy: Key offerings
    • Vestas
      • Table Vestas: Overview
      • Table Vestas: Business segments
      • Table Vestas: Organizational developments
      • Table Vestas: Geographic focus
      • Table Vestas: Segment focus
      • Table Vestas: Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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