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Global and China Wind Farm O&M Industry Report 2017 Market Size is Anticipated to Keep an AAGR of 13% During 2017-2021 and Hit USD5.021 Billion by 2021 - Research and Markets

DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Global and China Wind Farm O&M Industry Report, 2017-2021" report to their offering.

As the wind power installed capacity grows and the warranty period of a large number of wind turbines is coming to an end, wind farm O & M has become the focus of the industry. In 2016, the global wind farm O & M market size jumped 12% year on year to about USD10.75 billion; in 2021, the size will rise to USD18.612 billion.

China is the world's largest wind farm O & M market, with the market size of about USD2.716 billion and making up 25.3% of the global total in 2016. Given a rising number of wind turbines whose warranty period expires, China's wind farm O & M market size is anticipated to keep an AAGR of 13% during 2017-2021 and hit USD5.021 billion by 2021.

At present, Chinese wind farm O & M market still centers on regular maintenance and breakdown maintenance, which share more than 45% together. With the continuous introduction of new technologies and products, state maintenance will be the main development trend of the future wind farm O & M.

Currently, players in the Chinese wind farm O&M market can be mainly divided into three types: wind turbine manufacturers, wind farm developers and third-party O&M companies. In 2016, wind farm developers represented by Concord New Energy and Longyuan Power enjoyed the lion's share --74%, followed by wind turbine manufacturers such as Goldwind, Ming Yang Wind Power, United Power and SinovelWind Group with 15% and third-party O&M companies (still a small scale) including EULIKIND, Han Energy Technology and CLCP with 11%.

Key Topics Covered:

1 Overview of Wind Farm O&M

2 Global and Chinese Wind Power Market

3 Global Wind Farm O&M Market

4 Chinese Wind Farm O&M Market

5 Major Global and Chinese Wind Farm O&M Companies

- CLCP

- Concord New Energy

- EULIKIND

- EUM Wind Power Technologies Service (Beijing)

- East Environment Energy

- GE

- Gamesa

- Gideon

- Goldwind

- Han Energy Technology

- Longyuan Power

- Ming Yang Wind Power

- Sharpower

- Siemens

- Sinovel Wind Group

- Suzlon

- United Power

- Vestas

For more information about this report visit http://www.researchandmarkets.com/research/mfffrx/global_and_china

View source version on businesswire.com: http://www.businesswire.com/news/home/20170428006090/en/