Market Overview:
The global wind farm operation market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for renewable energy and the rising awareness about climate change. The global wind farm operation market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into whole machine manufacturers, wind farm subsidiaries, and third party companies. Onshore wind farm operation accounted for a major share of the global wind farm operation market in 2017. However, offshore windfarmoperation is projected to grow at a higher CAGR duringthe forecast period owingto its high potential for generating electricity from renewable sourcesand reducing greenhouse gas emissions.
Product Definition:
Wind farm operation is the process of managing and operating a wind farm. This includes tasks such as monitoring wind speeds and turbine performance, adjusting turbine blades to optimize power production, and scheduling maintenance activities. The importance of wind farm operation lies in the fact that it allows for the efficient generation of renewable energy. By properly managing a wind farm, operators can ensure that turbines are running at peak efficiency and producing as much electricity as possible.
Whole Machine Manufacturers:
Whole machine manufacturers are the companies that manufacture complete wind turbine systems, from turbines to power electronics and back. The WMM industry is expected to grow at a significant rate owing to its ability of providing highly efficient equipment with improved reliability in less time.
The growth factor for the Whole Machine Manufacturers (WMM) market is dependent on turbine size, number of blades, power rating and type of tower used among others.
Wind Farm Subsidiaries:
Subsidiaries are the legal entities that are created by parent companies to hold onto their power generation subsidiaries. The parent company can own several subsidiaries, which means it has control over different business units with separate management and separate boards of directors. Subsidiaries have a single class of shares and their rights and obligations are governed by the laws in place in the country of incorporation.
Application Insights:
Onshore wind farm operation dominated the global wind farm operation market in 2017, owing to its low capital cost and high operational efficiency. The onshore segment is expected to maintain its dominance over the forecast period owing to factors such as economies of scale, learning curve for installation of turbines and other advantages.
The offshore segment is projected to grow at a significant rate during the forecast period due to economies of scale, learning curves for installation and other benefits. Furthermore, governments are promoting investments in this sector due to tax incentives offered by them under various schemes such as accelerated depreciation & investment allowance etc.
Regional Analysis:
Europe accounted for the largest revenue share of over 35% in 2017. The region is expected to continue its dominance over the forecast period, with Germany and Spain being the key contributors. Rising government support for wind energy projects coupled with growing offshore and land based installations across Europe is anticipated to drive regional growth.
The Asia Pacific market was valued at USD X million in 2017 owing to increasing awareness regarding renewable energy sources among end users such as power generation companies and industrial entities along with rising investments from foreign players looking at lucrative returns on their investment. China accounted for a major share within this region owing to its large installed capacity as well as operational wind farms (over 90 operational sites). Moreover, it also has one of the highest penetration rates of solar PV across countries globally which makes it an ideal location for operating wind farms too.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the development of renewable energy sources such as wind power
- Reduction in the cost of wind energy technology, making it more competitive with other forms of electricity generation
- Growing concern about climate change and its impact on the environment, leading to increased investment in renewable energy technologies such as wind power
- Development of new markets for wind-generated electricity, including offshore installations
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Farm Operation Market Research Report
By Type
Whole Machine Manufacturers, Wind Farm Subsidiaries, Third Party Companies
By Application
Onshore Wind Farm Operation, Offshore Wind Farm Operation
By Companies
Vattenfall, Enercon, Siemens Gamesa, GE Wind, Goldwind, Nordex, Siemens, Suzlon Group, Guodian United Power, Vestas, DONG Energy, Mingyang Group, Sinovel Wind Group, EDF Energies Nouvelles
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Wind Farm Operation Market Report Segments:
The global Wind Farm Operation market is segmented on the basis of:
Types
Whole Machine Manufacturers, Wind Farm Subsidiaries, Third Party Companies
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore Wind Farm Operation, Offshore Wind Farm Operation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vattenfall
- Enercon
- Siemens Gamesa
- GE Wind
- Goldwind
- Nordex
- Siemens
- Suzlon Group
- Guodian United Power
- Vestas
- DONG Energy
- Mingyang Group
- Sinovel Wind Group
- EDF Energies Nouvelles
Highlights of The Wind Farm Operation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Whole Machine Manufacturers
- Wind Farm Subsidiaries
- Third Party Companies
- By Application:
- Onshore Wind Farm Operation
- Offshore Wind Farm Operation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wind Farm Operation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wind farm operation is the process of using wind turbines to generate electricity. Wind turbines use the wind to turn a propeller, which creates electricity.
Some of the key players operating in the wind farm operation market are Vattenfall, Enercon, Siemens Gamesa, GE Wind, Goldwind, Nordex, Siemens, Suzlon Group, Guodian United Power, Vestas, DONG Energy, Mingyang Group, Sinovel Wind Group, EDF Energies Nouvelles.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wind Farm Operation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wind Farm Operation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wind Farm Operation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wind Farm Operation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wind Farm Operation Market Size & Forecast, 2018-2028
4.5.1 Wind Farm Operation Market Size and Y-o-Y Growth
4.5.2 Wind Farm Operation Market Absolute $ Opportunity
Chapter 5 Global Wind Farm Operation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wind Farm Operation Market Size Forecast by Type
5.2.1 Whole Machine Manufacturers
5.2.2 Wind Farm Subsidiaries
5.2.3 Third Party Companies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wind Farm Operation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wind Farm Operation Market Size Forecast by Applications
6.2.1 Onshore Wind Farm Operation
6.2.2 Offshore Wind Farm Operation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wind Farm Operation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wind Farm Operation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wind Farm Operation Analysis and Forecast
9.1 Introduction
9.2 North America Wind Farm Operation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wind Farm Operation Market Size Forecast by Type
9.6.1 Whole Machine Manufacturers
9.6.2 Wind Farm Subsidiaries
9.6.3 Third Party Companies
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wind Farm Operation Market Size Forecast by Applications
9.10.1 Onshore Wind Farm Operation
9.10.2 Offshore Wind Farm Operation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wind Farm Operation Analysis and Forecast
10.1 Introduction
10.2 Europe Wind Farm Operation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wind Farm Operation Market Size Forecast by Type
10.6.1 Whole Machine Manufacturers
10.6.2 Wind Farm Subsidiaries
10.6.3 Third Party Companies
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wind Farm Operation Market Size Forecast by Applications
10.10.1 Onshore Wind Farm Operation
10.10.2 Offshore Wind Farm Operation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wind Farm Operation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wind Farm Operation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wind Farm Operation Market Size Forecast by Type
11.6.1 Whole Machine Manufacturers
11.6.2 Wind Farm Subsidiaries
11.6.3 Third Party Companies
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wind Farm Operation Market Size Forecast by Applications
11.10.1 Onshore Wind Farm Operation
11.10.2 Offshore Wind Farm Operation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wind Farm Operation Analysis and Forecast
12.1 Introduction
12.2 Latin America Wind Farm Operation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wind Farm Operation Market Size Forecast by Type
12.6.1 Whole Machine Manufacturers
12.6.2 Wind Farm Subsidiaries
12.6.3 Third Party Companies
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wind Farm Operation Market Size Forecast by Applications
12.10.1 Onshore Wind Farm Operation
12.10.2 Offshore Wind Farm Operation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wind Farm Operation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wind Farm Operation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wind Farm Operation Market Size Forecast by Type
13.6.1 Whole Machine Manufacturers
13.6.2 Wind Farm Subsidiaries
13.6.3 Third Party Companies
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wind Farm Operation Market Size Forecast by Applications
13.10.1 Onshore Wind Farm Operation
13.10.2 Offshore Wind Farm Operation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wind Farm Operation Market: Competitive Dashboard
14.2 Global Wind Farm Operation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vattenfall
14.3.2 Enercon
14.3.3 Siemens Gamesa
14.3.4 GE Wind
14.3.5 Goldwind
14.3.6 Nordex
14.3.7 Siemens
14.3.8 Suzlon Group
14.3.9 Guodian United Power
14.3.10 Vestas
14.3.11 DONG Energy
14.3.12 Mingyang Group
14.3.13 Sinovel Wind Group
14.3.14 EDF Energies Nouvelles
