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Global and China Wind Farm Operation and Maintenance (O&M) Industry Report, 2015-2018

December 2015 | 102 pages | ID: G13A67B92E7EN
ResearchInChina

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In 2014, the global wind farm O & M market size hit USD9.25 billion, representing a year-on-year growth rate of 25.8%; by 2018, the market size is expected to reach USD13.78 billion. The mainstream onshore wind farm O & M market seized the share of 90.2% in 2014, much higher than the rest offshore wind farm O & M market. With the accelerating construction of offshore wind power, the global offshore wind farm O & M market is expected to grow at above 20% in 2015-2018.

China ranks first worldwide in terms of wind farm O&M market size. In 2014, the country achieved USD2.18 billion, accounting for 23.6%. Since the warranty period of a large number of wind turbines made in 2009 is approaching, China’s wind farm O & M market size will surge to USD3.512 billion by 2018.

At present, players in the Chinese wind farm O&M market can be divided into three main types: wind turbine manufacturers, wind farm developers and third-party O&M companies. In 2015, wind farm developers enjoy the lion’s share --74.6%, followed by wind turbine manufacturers with 14.8%. Third-party O&M companies have a relatively small scale owing to technical barriers.

Concord New Energy is a major wind farm developer in China. Its wind farm O & M business is operated by its subsidiary Beijing Concord O & M Wind Power Technology Co., Ltd. with five maintenance bases. In the first half of 2015, the company completed 39 wind farm O & M projects, signed 11 scheduled inspection service contracts and 10 preventive service contracts.

Goldwind as China's largest wind turbine manufacturer assigns its subsidiary China Tianyuan New Energy Technology to conduct wind farm O & M business. As of the end of August 2015, it had provided O & M services and technical support for 17,000 wind turbines and more than 500 wind farms.

East Environment Energy, a key third-party O&M company, has set up an intelligent energy O & M service center to monitor wind farms in real time. In the first half of 2015, the company’s wind farm O & M revenue amounted to RMB37.358 million, up 3% year on year.

Global and China Wind Farm O&M Industry Report, 2015-2018 by ResearchInChina focuses on the followings:
  • Global wind power installed capacity and distribution; China's wind power installed capacity, regional structure, offshore wind power development and corporate structure;
  • Global wind farm O & M market size and geographical distribution; development of European wind farm O & M market;
  • Chinese wind farm O & M market size, cost analysis and competitive landscape;
  • Operation and development in China of 5 major global wind farm O & M companies;
  • Operation and development strategies of 11 major Chinese wind farm O & M companies.
  • 1. OVERVIEW OF WIND FARM O&M

    1.1 Definition
    1.2 Classification

    2. GLOBAL AND CHINESE WIND POWER MARKET

    2.1 Global Wind Power Market
      2.1.1 Wind Power Installed Capacity and Distribution
      2.1.2 Germany
      2.1.3 Spain
      2.1.4 USA
    2.2 Chinese Wind Power Market
      2.2.1 Overview
      2.2.2 Installed Capacity and Grid Connection
      2.2.3 Offshore Wind Power
      2.2.4 Feed-In Tariff
      2.2.5 Pattern of Wind Turbine Manufacturers
      2.2.6 Pattern of Wind Farm Developers

    3. GLOBAL WIND FARM O&M MARKET

    3.1 Market Size
    3.2 Regional Structure
    3.3 Cost Analysis
    3.4 European Market
      3.4.1 Market Size
      3.4.2 Competitive Landscape

    4. CHINESE WIND FARM O&M MARKET

    4.1 Development
    4.2 Market Size
    4.3 Cost Analysis
    4.4 Competitive Landscape

    5. MAJOR GLOBAL WIND FARM O&M COMPANIES

    5.1 Vestas
      5.1.1 Profile
      5.1.2 Operation
      5.1.3 Revenue Structure
      5.1.4 Business in China
      5.1.5 Wind Farm O&M Business
    5.2 Gamesa
      5.2.1 Profile
      5.2.2 Operation
      5.2.3 Revenue Structure
      5.2.4 Business in China
      5.2.5 Wind Farm O&M Business
    5.3 Suzlon
      5.3.1 Profile
      5.3.2 Operation
      5.3.3 Revenue Structure
      5.3.4 Business in China
      5.3.5 Wind Farm O&M Business
    5.4 GE
      5.4.1 Profile
      5.4.2 Operation
      5.4.3 Revenue Structure
      5.4.4 Business in China
      5.4.5 Wind Farm O&M Business
    5.5 Siemens
      5.5.1 Profile
      5.5.2 Operation
      5.5.3 Revenue Structure
      5.5.4 Business in China
      5.5.5 Wind Farm O&M Business

    6. CHINESE WIND FARM O&M COMPANIES

    6.1 Longyuan Power
      6.1.1 Profile
      6.1.2 Operation
      6.1.3 Revenue Structure
      6.1.4 Gross Margin
      6.1.5 Wind Farm O&M Business
      6.1.6 Development Prospect
    6.2 Goldwind
      6.2.1 Profile
      6.2.2 Operation
      6.2.3 Revenue Structure
      6.2.4 Gross Margin
      6.2.5 Customers and Suppliers
      6.2.6 Wind Farm O&M Business
      6.2.7 Development Prospect
    6.3 Ming Yang Wind Power
      6.3.1 Profile
      6.3.2 Operation
      6.3.3 Revenue Structure
      6.3.4 Customers and Suppliers
      6.3.5 Wind Farm O&M Business
      6.3.6 Development Prospect
    6.4 Concord New Energy
      6.4.1 Profile
      6.4.2 Operation
      6.4.3 Revenue Structure
      6.4.4 Customers and Suppliers
      6.4.5 Wind Farm O&M Business
      6.4.6 Development Prospect
    6.5 United Power
      6.5.1 Profile
      6.5.2 Operation
      6.5.3 Wind Farm O&M Business
    6.6 EULIKIND
      6.6.1 Profile
      6.6.2 Wind Farm O&M Business
    6.7 Xinjiang Jindaban Clean Energy
      6.7.1 Profile
      6.7.2 Wind Farm O&M Business
    6.8 Gideon
      6.8.1 Profile
      6.8.2 Wind Farm O&M Business
    6.9 Sharpower
      6.9.1 Profile
      6.9.2 Wind Farm O&M Business
    6.10 East Environment Energy
      6.10.1 Profile
      6.10.2 Operation
      6.10.3 Revenue Structure
      6.10.4 Wind Farm O&M Business
    6.11 EUM Wind Power Technologies Service (Beijing)

    7. SUMMARY AND FORECAST

    7.1 Summary
    7.2 Forecast

    SELECTED CHARTS

    Major Business Sectors in Wind Power Service Industry
    Structure of Global Wind Farm O&M Market by Type of Service, 2013 vs 2018E
    Global Newly-installed Wind Power Capacity, 2008-2018E
    Global Cumulative Installed Wind Power Capacity, 2008-2018E
    Global Wind Power Installed Capacity (by Region), 2014
    Global Offshore Wind Power Installed Capacity, 2011-2014
    Newly-installed and Cumulative Wind Power Capacity in Germany, 1992-2014
    Installed Wind Power Capacity in Germany (by Region), 2014
    Wind Farms in Operation, Under Construction and Planned in Germany, 2015
    Cumulative Installed Wind Power Capacity in Spain, 2005-2014
    Cumulative Installed Wind Power Capacity in USA, 2004-2014
    Cumulative Installed Wind Power Capacity in USA (by Region), 2014
    Offshore Wind Power Distribution in USA, 2015
    Development Course of Chinese Wind Turbine Generators, 1980-2015
    Installed Wind Power Capacity in China, 2007-2015
    Grid-connected Installed Wind Power Capacity in China, 2009-2015
    Newly-installed and Cumulative Offshore Wind Capacity in China, 2007-2015
    China’s First Franchise Offshore Wind Projects
    Offshore Wind Power Installed Capacity of Chinese Wind Power Manufacturers, by the end of 2014
    Benchmark Feed-In Tariff for Wind Power in China, 2015
    Newly-installed Capacity and Market Share of Chinese Wind Turbine Manufacturers, 2014
    Cumulative Installed Capacity and Market Share of Chinese Wind Turbine Manufacturers, 2014
    Cumulative Wind Power Installed Capacity and Market Share of Chinese Wind Farm Developers, 2014
    Global Wind Farm O&M Market Size, 2008-2018E
    Global Wind Farm O&M Service Revenue and Wind Turbine Revenue, 2008-2015
    Global Wind Farm O&M Market Size Structure (by Region), 2014 vs 2018E
    Cost Growth Trend of Wind Farm O&M
    Cost Structure of Wind Power Service, 2014
    European Wind Farm O&M Market Size, 2005-2020E
    European Wind Farm O&M Market Size (by Country), 2005-2020E
    Newly-added Installed Wind Power Capacity Coming into O&M in Europe (by Country), 2012-2020E
    Share of European Wind Farm O&M Market (by Type of Farm), 2011&2020E
    Share of European Wind Farm O&M Market (by Country and Type of Service Provider), 2014
    Number of Wind Turbines Out of Warranty, 2011-2020E
    Chinese Wind Farm O&M Market Size, 2008-2015
    Annual Operating Costs of A 50MW Wind Farm
    Operating Costs Structure of Onshore Wind Power in China
    Operating Costs Structure of Offshore Wind Power in China
    Wind Farm O&M Market Share (by Type of Companies) in China, 2015
    SWOT Analysis of Three Types of Competitors in Chinese Wind Farm O&M Market
    Wind Farm O&M Business of Major Wind Power Companies in China, 2015
    Revenue and Net Income of Vestas, 2009-2015
    Revenue Structure of Vestas (by Business), 2012-2015
    Wind Turbine Shipment of Vestas (by Region), 2014-2015
    Wind Turbine Shipment of Vestas in China, 2008-2015
    Subsidiaries of Vestas in China, 2015
    Vestas’ Wind Farm O&M Order Backlog, 2009-2015
    Vestas’ Revenue from Wind Farm O&M Business, 2010-2014
    Vestas’ Wind Farm O&M Order, 2013-2015
    Wind Turbine Capacity Served by Vestas (by Region), 2014
    Revenue and Net Income of Gamesa, 2009-2015
    Orders of Gamesa, 2014-2015
    Revenue Structure of Gamesa (by Product), 2013-2015
    Revenue and Structure of Gamesa (by Region), 2013-2014
    Wind Turbine Sales Volume Structure of Gamesa (by Region), 2012-2015
    Operation of Gamesa in China, 2014
    Gamesa’s Revenue in China, 2008-2014
    Share of Gamesa by Wind Turbine Sales Volume in China, 2012-2015
    Gamesa’s Revenue from Wind Farm O&M Business, 2010-2015
    Revenue and Net Income of Suzlon, FY2010-FY2016
    Operation of Suzlon, H1 FY2016
    Revenue Structure of Suzlon (by Region), FY2014-FY2015
    Revenue of Suzlon in China, FY2014-FY2015
    OMS Revenue of Suzlon, FY2009- FY2013
    Revenue and Net Income of GE, 2009-2015
    Operating Revenue Structure of GE (by Business), 2010-2015
    Operating Revenue Structure of GE (by Region), 2011-2014
    GE’s Flexible Wind Power Service Solutions
    Revenue and Net Income of Siemens, FY2010-FY2015
    Operation of Siemens in China, 2015
    Siemens’ Revenue in China, FY2009-FY2015
    Strategy of Siemens in China
    Siemens’ Revenue from Wind Power Division, FY2011-FY2015
    Order Backlog of Siemens’ Wind Power Division, FY2011-FY2015
    Wind Farm O&M System of Siemens
    Revenue and Net Income of Longyuan Power, 2009-2015
    Revenue Structure of Longyuan Power (by Business), 2013-2015
    Gross Margin of Longyuan Power (by Business), 2012-2015
    Six Wind Power Bases of Longyuan Power
    Revenue and Net Income of Longyuan Power, 2013-2018E
    Revenue and Net Income of Goldwind, 2009-2015
    Wind Turbine Sales Volume of Goldwind (by Type), 2011-2015
    Operating Revenue Structure of Goldwind (by Product), 2014-2015
    Operating Revenue Structure of Goldwind (by Region), 2015H1
    Gross Margin of Goldwind (by Product), 2011-2015
    Goldwind’s Procurement from Top 5 Suppliers and % of Total Procurement, 2008-2014
    Goldwind’s Revenue from Top 5 Customers and % of Total Revenue, 2008-2014
    Goldwind’s Revenue from Wind Power Service Business, 2010-2015
    Revenue and Net Income of China Tianyuan New Energy Technology, 2010-2015
    Revenue and Net Income of Goldwind, 2013-2018E
    Main Production Bases and Capacity of Ming Yang Wind Power, end of 2014
    Revenue and Net Income of Ming Yang Wind Power, 2009-2015
    Wind Turbine Shipment of Ming Yang Wind Power, 2008-2014
    New Orders and Backlog of Ming Yang Wind Power, 2014-2015
    Revenue Structure of Ming Yang Wind Power (by Business), 2012-2014
    Revenue Structure of Ming Yang Wind Power (by Region), 2012-2013
    Ming Yang Wind Power’s Procurement from Top 5 Suppliers and % of Total Procurement, 2009-2014
    Ming Yang Wind Power’s Revenue from Top 5 Customers and % of Total Revenue, 2008-2014
    Ming Yang Wind Power’s Wind Farm O&M Business System
    Ming Yang Wind Power’s Revenue from Wind Farm O&M Business, 2009-2014
    Revenue and Net Income of Ming Yang Wind Power, 2013-2018E
    Revenue and Net Income of Concord New Energy, 2009-2015
    Revenue Structure of Concord New Energy (by Business), 2013-2015
    Revenue Structure of Concord New Energy (by Region), 2013-2015
    Concord New Energy’s Procurement from Top 5 Suppliers and % of Total Procurement, 2010-2014
    Concord New Energy’s Revenue from Top 5 Customers and % of Total Revenue, 2010-2014
    Wind Farm O&M Revenue of Concord New Energy, 2013-2015
    Revenue and Net Income of Concord New Energy, 2013-2018E
    Revenue and Net Income of United Power, 2012-2014
    Wind Turbine Sales Volume of United Power, 2011-2014
    Construction Procedures for Wind Farm EPC of United Power
    Development of EULIKIND’s Wind Farm O&M Business, 2006-2015
    Development of Xinjiang Jindaban Clean Energy’s Wind Farm O&M Business, 2005-2010
    Major Wind Farm O&M Projects of Gideon, 2006-2015
    Revenue and Net Income of East Environment Energy, 2012-2015
    Operating Revenue Structure of East Environment Energy (by Business), 2012-2015
    Wind Farm O&M System of East Environment Energy
    Wind Farm O&M Revenue of Major Global and Chinese Enterprises, 2014-2015
    Global Wind Farm O&M Market Size, 2014-2018E
    Chinese Wind Farm O&M Market Size, 2014-2018E


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