Dublin, Jan. 10, 2019 (GLOBE NEWSWIRE) -- The "Global Wind Services Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The wind services market will register a CAGR of more than 12% by 2022.

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.

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.

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.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY APPLICATION

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/985mv9/global_wind?w=12

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Related Topics: Wind Power