Wind Energy Maintenance Market to 2020 - Growth Driven byIncreasing Competition Between OEMs and ISPs in the Post- Warranty Maintenance Segment
The global wind energy O&M market is expected to reach $13.3 billion in 2020 at a Compound Annual Growth Rate (CAGR) of 9.6% over the forecast period 2012-2020. Europe is the largest Operations and Maintenance (O&M) market, with an estimated market revenue of $2.8 billion in 2011, followed by North America, Asia Pacific and South America. The major factors driving the global wind energy O&M market are the increasing number of installations backed by financial incentives, capital subsidies and tax...
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