Offshore Wind Turbine Operations And Maintenance Market
Offshore Wind Turbine Operations and Maintenance Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (Monopole, Jacket, Gravity); By Location (Shallow Water, Transitional Water, Deep Water); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
- Published Date: January 2023
- Report ID: BWC23067
- Available Format: PDF
- Page: 200
Report Overview
Favorable government policies and attractive incentives, increasing offshore exploration and production activities, and a growing focus on reducing environmental impacts by the power generation industry are projected to propel the expansion of global offshore wind turbine operations and maintenance market during the forecast period between 2023 and 2029.Global Offshore Wind Turbine Operations and Maintenance Market - Industry Trends & Forecast Report, 2029
Global offshore wind turbine operations and maintenance market size was estimated at USD 11.9 billion in 2022. During the forecast period between 2023 and 2029, the size of global offshore wind turbine operations and maintenance market is projected to grow at a CAGR of 8.3% reaching a value of USD 20.1 billion by 2029. Major growth drivers for global offshore wind turbine operations and maintenance market include increasing focus on reducing environmental impacts in the power generation industry, favorable government policies and attractive incentives and rise in the rate of offshore exploration and production activities. The global increase in capacity installations has driven the wind turbine operations and maintenance market. The power generation industry's focus on lowering environmental consequences has been a primary driver of exponential increase in annual installation over the last few years, resulting in rapid expansion in capacity installation in Asia Pacific, Europe, and North America. Favorable government regulations and appealing incentives were put in place to establish a zero-emission power system, which boosted annual installation capacity over the last few tears. China, Germany, India, Japan, and France are concentrating on reducing their reliance on fossil fuel-based energy sources. The predicted increase in the deployment of wind turbines in increasingly challenging and difficult places, such as further offshore, along with the increasing capacity of wind turbine capacity, has increased the burden on the wind turbine's operating components. This causes early component degradation, such as gearboxes and other components, and is expected to result in a significant wind farm collapse. Furthermore, the costs of providing wind turbine operations and maintenance services are much higher than those of onshore installations. In comparison to onshore facilities, challenges such as growing service, material, and difficult to access terrains are limiting the expansion of the wind turbine operations and maintenance market. These current trends are expected to drive the global offshore wind turbine operations and maintenance market over the forecast period.
Global Offshore Wind Turbine Operations and Maintenance Market – Overview
Wind is a form of energy caused by uneven heating of the atmosphere and irregularities on the earth's surface. Wind farm owners must do operations and maintenance on their turbines due to the long-term impact. Larger owners frequently adopt self-perform strategies in order to obtain complete control over their assets, enhance original equipment manufacturer (OEM) procedures, and cut costs. A wind turbine is a mechanism that converts wind kinetic energy into electricity. Wind farms now generate more than 650 gigatons of electricity, with 60 gigatons constructed per year. Periodic turbine maintenance is necessary to extend the life of wind turbines and enhance the wind turbine operations and maintenance business. To generate both power and income over the projected time, the leading industry players in the global wind turbine operations and maintenance market must invest a large amount of money. Wind turbine operations and maintenance service providers oversee the maintenance, operation, repair, and diagnostics of wind turbines installed at offshore wind farms. Wind turbine operations and maintenance services include unscheduled maintenance, scheduled maintenance, asset management, and remote monitoring.
Global Offshore Wind Turbine Operations and Maintenance Market
Growth Drivers
Favorable Government Policies and Rising Investments
Increasing environmental restrictions are pushing the power generation industry to use cleaner, more environmentally friendly energy resources. Several countries throughout the world are working on improving renewable energy generation in order to lessen their reliance on traditional power sources. Furthermore, investments in wind, solar, and other renewable energy sources are expanding all the time. Wind power is one of the most important renewable energy sources that has the ability to alleviate global power generation problems. Furthermore, increased government initiatives and policies for clean energy development are driving the growth of the wind power industry. Feed-in tariffs, tax credits, electricity balance mechanisms, investment, and other are the main energy policies and subsidies explicitly targeting the wind energy sector in various countries such as Germany, the United Kingdom, the United States, Japan, and China to maintain the required demand for electricity.
Restraints
High Costs for Operations and Maintenance
The smooth and longer life of a wind turbine is dependent on its operation and maintenance. Wind turbine operation and maintenance costs are highly high, accounting for over 30% of total wind turbine cost, which is one of the significant reasons impeding market growth. Wind turbines must be checked on a regular basis after installation to avoid common problems. Without sufficient maintenance, proper breakdown is common, hampered various crucial functions. As a result, operation and maintenance are critical for both onshore and offshore wind farms. Cost is a major concern for these operations; the cost of wind turbine operation and maintenance is relatively high, accounting for almost 25–30% of the entire wind turbine cost. However, market participants are continuously striving to lower costs.
Impact of COVID-19 on Global Offshore Wind Turbine Operations and Maintenance Market
COVID-19 had a detrimental impact on offshore wind turbine operations and maintenance market. Renewable energy development in numerous nations is heavily reliant on imports from manufacturing countries, particularly China. As a result, the wind renewable energy business is reliant on wind energy component and equipment imports from other countries. Wind energy raw materials and components, including as rotors and blades, are imported into the United States from Europe and China. Nationwide lockdowns and travel ban in various European and Asian Pacific countries have resulted in a drop in wind turbine output, with leading manufacturers such as General Electric, Goldwind, and others experiencing massive backlogs and delays in order processing. According to the Wind Europe research, for example, the wind turbine industry is expected to fall by about 30% by 2020. Even though the COVID-19 has reduced wind turbine manufacture, existing wind turbines have continued to operate to provide a consistent energy supply.
Global Offshore Wind Turbine Operations and Maintenance Market
Segmental Coverage
Global Offshore Wind Turbine Operations and Maintenance Market – By Type
By type, global offshore wind turbine operations and maintenance market is segmented into Monopole, Jacket, and Gravity.
Global Offshore Wind Turbine Operations and Maintenance Market – By Location
Based on location, global offshore wind turbine operations and maintenance market is divided into Shallow Water, Transitional Water, and Deep Water segments. The shallow water segment holds the highest marker share in 2022. This segment is where the majority of initiatives are undertaken. Due to the presence of less harsh weather and ease of maintenance, this segment is a favored alternative for the establishment of offshore wine farms. In addition, establishing electrical infrastructure is easier in shallow water when installing a wind turbine. Because of the lower wind speed available in shallow water, turbines with lower MW capacity are installed in this region.
Global Offshore Wind Turbine Operations and Maintenance Market – By Region
Geographically, global offshore wind turbine operations and maintenance market covers North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia-Pacific region dominates the wind turbine operations and maintenance industry. The location has significant operating and maintenance expenses and has dominated the market for offshore projects. The United Kingdom has the most offshore capacity globally; other notable European suppliers include Germany, Spain, France, Italy, and Denmark. Due to China's strong increase in annual installations, Asia Pacific is expected to be the market leader over the projected period, accounting for more than 43% of total sales. China has the world's largest annual installation at 23 GW. Furthermore, the country is expected to increase its offshore capacity, which will benefit the industry's growth. Over the projected period, the market in Japan, South Korea, and Southeast Asian countries is expected to rise at an exponential rate. Wind farms are supported by governments in developing countries because they lay a significant emphasis on decreasing their environmental footprint. This is likely to propel the market in Asia Pacific over the forecast period.
Competitive Landscape
Major players operating in global offshore wind turbine operations and maintenance market include Vestas, Siemens Gamesa Renewable Energy, Goldwind, MHI Vestas, GE Renewable Energy, ENVISION, Mingyang, Nordex Acciona, Enercon, Windey, Adwen, Dongfang, Sewind, CSIC Haizhuang, Senvion, United Power, Dong Energy, Suzlon Energy Limited, and B9 Energy Group. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
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In December 2021 - Nordex SE secured an order from Swift Energy to supply wind turbines with a capacity of 4.8 MW to the Castle Gap project in Central Texas.
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In December 2021- Siemens Gamesa announced that the South Fork Wind energy project would employ the Paul Candies, a Gulf of Mexico-based inspection and repair vessel, for turbine building maintenance and operations.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
North America (US, Canada), Europe (Germany, UK, France, Italy, Spain, The Netherlands, Belgium, NORDIC Countries, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, Peru, Colombia, Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Qatar, Kuwait, Iran, South Africa, Nigeria, Kenya, Egypt, Morocco, Algeria, Rest of Middle East & Africa) |
Product/ Service Segmentation |
Type, Location, Region |
Key Players |
Vestas, Siemens Gamesa Renewable Energy, Goldwind, MHI Vestas, GE Renewable Energy, ENVISION, Mingyang, Nordex Acciona, Enercon, Windey, Adwen, Dongfang, Sewind, CSIC Haizhuang, Senvion, United Power, Dong Energy, Suzlon Energy Limited, B9 Energy Group |
By Type
-
Monopole
-
Jacket
-
Gravity
By Location
-
Shallow Water
-
Transitional Water
-
Deep Water
By Region
-
North America
-
Europe
-
Asia Pacific (APAC)
-
Latin America
-
Middle East and Africa (MEA)
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Global Offshore Wind Turbine Operations and Maintenance Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising focus on reducing environmental impacts in the power generation industry
- Favorable government policies and attractive incentives
- Rise in the rate of offshore exploration and production activities
- Restraints
- Stagnant growth in global electric consumption
- High costs for operations & maintenance
- Opportunities
- Rising investments in offshore wind turbines
- Increasing offshore activities
- Challenges
- Lack of skilled workforce to operate the systems
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Offshore Wind Turbine Operations and Maintenance Market Overview
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Monopole
- Jacket
- Gravity
- Others
- By Location
- Shallow Water
- Transitional Water
- Deep Water
- By Region
- North America
- Europe
- Asia Pacific (APAC)
- Latin America (LATAM)
- Middle East and Africa (MEA)
- By Type
- Market Size & Forecast, by Value, 2019–2029
- North America Offshore Wind Turbine Operations and Maintenance Market
-
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Location
- By Country
- US
- By Type
- By Location
- Canada
- By Type
- By Location
- US
-
- Europe Offshore Wind Turbine Operations and Maintenance Market
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Location
- By Country
- Germany
- By Type
- By Location
- UK
- By Type
- By Location
- Italy
- By Type
- By Location
- France
- By Type
- By Location
- Spain
- By Type
- By Location
- The Netherlands
- By Type
- By Location
- Rest of Europe
- By Type
- By Location
- Germany
- Market Size & Forecast, by Value, 2019–2029
- Asia Pacific Offshore Wind Turbine Operations and Maintenance Market
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Location
- By Country
- China
- By Type
- By Location
- India
- By Type
- By Location
- Japan
- By Type
- By Location
- South Korea
- By Type
- By Location
- Australia & New Zealand
- By Type
- By Location
- Indonesia
- By Type
- By Location
- Malaysia
- By Type
- By Location
- Singapore
- By Type
- By Location
- Philippines
- By Type
- By Location
- Vietnam
- By Type
- By Location
- Rest of APAC
- By Type
- By Location
- China
- Market Size & Forecast, by Value, 2019–2029
- Latin America Offshore Wind Turbine Operations and Maintenance Market
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Location
- By Country
- Brazil
- By Type
- By Location
- Mexico
- By Type
- By Location
- Argentina
- By Type
- By Location
- Peru
- By Type
- By Location
- Rest of LATAM
- By Type
- By Location
- Brazil
- Market Size & Forecast, by Value, 2019–2029
- Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market
- Market Size & Forecast, by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By Location
- By Country
- Saudi Arabia
- By Type
- By Location
- UAE
- By Type
- By Location
- Qatar
- By Type
- By Location
- Kuwait
- By Type
- By Location
- By End User
- South Africa
- By Type
- By Location
- Nigeria
- By Type
- By Location
- Algeria
- By Type
- By Location
- Rest of MEA
- By Type
- By Location
- Saudi Arabia
- Market Size & Forecast, by Value, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Global Offshore Wind Turbine Operations and Maintenance Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Covid-19 on Global Offshore Wind Turbine Operations and Maintenance Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Vestas
- Siemens Gamesa Renewable Energy
- Goldwind
- MHI Vestas
- GE Renewable Energy
- ENVISION
- Mingyang
- Nordex Acciona
- Enercon
- Windey
- Adwen
- Dongfang
- Sewind
- CSIC Haizhuang
- Senvion
- United Power
- Dong Energy
- Suzlon Energy Limited
- B9 Energy Group
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Global Offshore Wind Turbine Operations and Maintenance Segmentation
Figure 2 Global Offshore Wind Turbine Operations and Maintenance Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Global Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 5 Global Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 6 Global Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 7 Global Offshore Wind Turbine Operations and Maintenance Market Share, By Region, By Value, 2019–2029
Figure 8 North America Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 9 North America Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 10 North America Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 11 North America Offshore Wind Turbine Operations and Maintenance Market Share, By Country, By Value, 2019–2029
Figure 12 US Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 13 US Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 14 US Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 15 Canada Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 16 Canada Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 17 Canada Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 18 Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 19 Europe Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 20 Europe Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 21 Europe Offshore Wind Turbine Operations and Maintenance Market Share, By Country, By Value, 2019–2029
Figure 22 Germany Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 23 Germany Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 24 Germany Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 25 UK Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 26 UK Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 27 UK Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 28 Italy Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 29 Italy Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 30 Italy Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 31 France Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 32 France Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 33 France Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 34 Spain Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 35 Spain Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 36 Spain Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 37 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 38 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 39 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 40 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 41 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 42 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 43 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 44 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 45 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 46 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Share, By Country, By Value, 2019–2029
Figure 47 China Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 48 China Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 49 China Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 50 India Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 51 India Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 52 India Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 53 Japan Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 54 Japan Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 55 Japan Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 56 South Korea Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 57 South Korea Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 58 South Korea Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 59 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 60 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 61 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 62 Indonesia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 63 Indonesia Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 64 Indonesia Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 65 Malaysia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 66 Malaysia Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 67 Malaysia Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 68 Singapore Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 69 Singapore Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 70 Singapore Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 71 Philippines Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 72 Philippines Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 73 Philippines Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 74 Vietnam Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 75 Vietnam Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 76 Vietnam Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 77 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 78 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 79 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 80 Latin America Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 81 Latin America Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 82 Latin America Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 83 Latin America Offshore Wind Turbine Operations and Maintenance Market Share, By Country, By Value, 2019–2029
Figure 84 Brazil Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 85 Brazil Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 86 Brazil Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 87 Mexico Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 88 Mexico Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 89 Mexico Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 90 Argentina Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 91 Argentina Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 92 Argentina Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 93 Peru Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 94 Peru Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 95 Peru Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 96 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 97 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 98 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 99 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 100 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 101 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 102 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Share, By Country, By Value, 2019–2029
Figure 103 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 104 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 105 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 106 UAE Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 107 UAE Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 108 UAE Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 109 Qatar Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 110 Qatar Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 111 Qatar Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 112 Kuwait Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 113 Kuwait Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 114 Kuwait Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 115 South Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 116 South Africa Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 117 South Africa Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 118 Nigeria Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 119 Nigeria Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 120 Nigeria Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 121 Algeria Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 122 Algeria Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 123 Algeria Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
Figure 124 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Figure 125 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Share, By Type, By Value, 2019–2029
Figure 126 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Share, By Location, By Value, 2019–2029
List of Tables
Table 1 Global Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 2 Global Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 3 Global Offshore Wind Turbine Operations and Maintenance Market Size, By Region, By Value, 2019–2029
Table 4 North America Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 5 North America Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 6 North America Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 7 North America Offshore Wind Turbine Operations and Maintenance Market Size, By Country, By Value, 2019–2029
Table 8 US Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 9 US Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 10 US Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 11 Canada Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 12 Canada Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 13 Canada Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 14 Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 15 Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 16 Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 17 Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Country, By Value, 2019–2029
Table 18 Germany Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 19 Germany Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 20 Germany Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 21 UK Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 22 UK Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 23 UK Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 24 Italy Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 25 Italy Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 26 Italy Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 27 France Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 28 France Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 29 France Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 30 Spain Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 31 Spain Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 32 Spain Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 33 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 34 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 35 The Netherlands Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 36 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 37 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 38 Rest of Europe Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 39 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 40 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 41 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 42 Asia-Pacific Offshore Wind Turbine Operations and Maintenance Market Size, By Country, By Value, 2019–2029
Table 43 China Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 44 China Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 45 China Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 46 India Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 47 India Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 48 India Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 49 Japan Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 50 Japan Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 51 Japan Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 52 South Korea Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 53 South Korea Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 54 South Korea Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 55 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 56 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 57 Australia & New Zealand Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 58 Indonesia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 59 Indonesia Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 60 Indonesia Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 61 Malaysia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 62 Malaysia Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 63 Malaysia Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 64 Singapore Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 65 Singapore Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 66 Singapore Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 67 Philippines Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 68 Philippines Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 69 Philippines Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 70 Vietnam Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 71 Vietnam Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 72 Vietnam Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 73 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 74 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 75 Rest of APAC Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 76 Latin America Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 77 Latin America Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 78 Latin America Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 79 Latin America Offshore Wind Turbine Operations and Maintenance Market Size, By Country, By Value, 2019–2029
Table 80 Brazil Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 81 Brazil Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 82 Brazil Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 83 Mexico Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 84 Mexico Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 85 Mexico Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 86 Argentina Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 87 Argentina Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 88 Argentina Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 89 Peru Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 90 Peru Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 91 Peru Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 92 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 93 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 94 Rest of LATAM Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 95 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 96 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 97 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 98 Middle East & Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Country, By Value, 2019–2029
Table 99 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 100 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 101 Saudi Arabia Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 102 UAE Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 103 UAE Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 104 UAE Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 105 Qatar Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 106 Qatar Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 107 Qatar Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 108 Kuwait Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 109 Kuwait Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 110 Kuwait Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 111 South Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 112 South Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 113 South Africa Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 114 Nigeria Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 115 Nigeria Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 116 Nigeria Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 117 Algeria Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 118 Algeria Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 119 Algeria Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 120 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Size, By Value (USD Million), 2019–2029
Table 121 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Size, By Type, By Value, 2019–2029
Table 122 Rest of MEA Offshore Wind Turbine Operations and Maintenance Market Size, By Location, By Value, 2019–2029
Table 123 Vestas Company Overview
Table 124 Vestas Financial Overview
Table 125 Siemens Gamesa Renewable Energy Company Overview
Table 126 Siemens Gamesa Renewable Energy Financial Overview
Table 127 Goldwind Company Overview
Table 128 Goldwind Financial Overview
Table 129 MHI Vestas Company Overview
Table 130 MHI Vestas Financial Overview
Table 131 GE Renewable Energy Company Overview
Table 132 GE Renewable Energy Financial Overview
Table 133 ENVISION Company Overview
Table 134 ENVISION Financial Overview
Table 135 Mingyang Company Overview
Table 136 Mingyang Financial Overview
Table 137 Nordex Acciona Company Overview
Table 138 Nordex Acciona Financial Overview
Table 139 Enercon Company Overview
Table 140 Enercon Financial Overview
Table 141 Windey Company Overview
Table 142 Windey Financial Overview
Table 143 Adwen Company Overview
Table 144 Adwen Financial Overview
Table 145 Dongfang Company Overview
Table 146 Dongfang Financial Overview
Table 147 Sewind Company Overview
Table 148 Sewind Financial Overview
Table 149 CSIC Haizhuang Company Overview
Table 150 CSIC Haizhuang Financial Overview
Table 151 Senvion Company Overview
Table 152 Senvion Financial Overview
Table 153 United Power Company Overview
Table 154 United Power Financial Overview
Table 155 Dong Energy Company Overview
Table 156 Dong Energy Financial Overview
Table 157 Suzlon Energy Limited Company Overview
Table 158 Suzlon Energy Limited Financial Overview
Table 159 B9 Energy Group Company Overview
Table 160 B9 Energy Group Financial Overview
Market Segmentation
By Type
-
Monopole
-
Jacket
-
Gravity
By Location
-
Shallow Water
-
Transitional Water
-
Deep Water
By Region
-
North America
-
Europe
-
Asia Pacific (APAC)
-
Latin America
-
Middle East and Africa (MEA)
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