What is the market size for the wind turbine services market in europe?

The Market is expected to grow by $ 2889.72 mn in 2024-2028. <a href='https://www.technavio.com/report/wind-turbine-services-market-size-in-europe-industry-analysis'>Read More</a>

What is the CAGR for the wind turbine services market in europe?

8.48% CAGR with $ 2889.72 mn Momentum. <a href='https://www.technavio.com/report/wind-turbine-services-market-size-in-europe-industry-analysis'>Read More</a>

What is the growth rate of the Wind Turbine Services Market in Europe market?

8.48% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/wind-turbine-services-market-size-in-europe-industry-analysis'>Read More</a>

Which region held the largest market share in the Wind Turbine Services Market in Europe market?

Europe with 100% of the market growth. <a href='https://www.technavio.com/report/wind-turbine-services-market-size-in-europe-industry-analysis'>Read More</a>

Who are the prominent players in the Wind Turbine Services Market in Europe market?

ABB Ltd., Acciona SA, B9 Energy Ltd., Buss Energy Group GmbH, Deutsche Windtechnik AG, E.ON SE, Emergya Wind Technologies BV, Enercon Services Inc., Fassmer .... <a href='https://www.technavio.com/report/wind-turbine-services-market-size-in-europe-industry-analysis'>Read More</a>

Wind Turbine Services Market Analysis Europe - Size and Forecast 2024-2028

Published: Oct 2023
Pages: 156
SKU: IRTNTR71739

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Europe Wind Turbine Services Market Size 2024-2028

The Europe wind turbine services market size is forecast to increase by USD 2.88 billion at a CAGR of 8.48% between 2023 and 2028. The market is experiencing significant growth, driven by the rise in wind energy consumption and the development of hybrid models. With increasing awareness of renewable energy sources and the need to reduce carbon emissions, there is a growing demand for wind energy in Europe. Additionally, the intermittency of wind power necessitates regular maintenance and servicing of wind turbines to ensure optimal performance. The market is also witnessing the trend towards the development of hybrid wind-solar power systems, which offer greater energy security and efficiency. However, challenges such as the high initial investment costs and complex regulatory frameworks pose significant hurdles to market growth. Despite these challenges, the market is expected to continue its growth trajectory, driven by the increasing demand for renewable energy and advancements in technology.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Europe: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Wind turbine services market in Europe 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on wind turbine services market in Europe 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 29: Chart on Application - Market share 2023-2028 (%)
- Exhibit 30: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 31: Chart on Comparison by Application
- Exhibit 32: Data Table on Comparison by Application

6.3 On-shore - Market size and forecast 2023-2028
- Exhibit 33: Chart on On-shore - Market size and forecast 2023-2028 ($ million)
- Exhibit 34: Data Table on On-shore - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Chart on On-shore - Year-over-year growth 2023-2028 (%)
- Exhibit 36: Data Table on On-shore - Year-over-year growth 2023-2028 (%)

6.4 Off-shore - Market size and forecast 2023-2028
- Exhibit 37: Chart on Off-shore - Market size and forecast 2023-2028 ($ million)
- Exhibit 38: Data Table on Off-shore - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Chart on Off-shore - Year-over-year growth 2023-2028 (%)
- Exhibit 40: Data Table on Off-shore - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Application
- Exhibit 41: Market opportunity by Application ($ million)
- Exhibit 42: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 43: Chart on Type - Market share 2023-2028 (%)
- Exhibit 44: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 45: Chart on Comparison by Type
- Exhibit 46: Data Table on Comparison by Type

7.3 OEM - Market size and forecast 2023-2028
- Exhibit 47: Chart on OEM - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Data Table on OEM - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Chart on OEM - Year-over-year growth 2023-2028 (%)
- Exhibit 50: Data Table on OEM - Year-over-year growth 2023-2028 (%)

7.4 ISP - Market size and forecast 2023-2028
- Exhibit 51: Chart on ISP - Market size and forecast 2023-2028 ($ million)
- Exhibit 52: Data Table on ISP - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Chart on ISP - Year-over-year growth 2023-2028 (%)
- Exhibit 54: Data Table on ISP - Year-over-year growth 2023-2028 (%)

7.5 In-house - Market size and forecast 2023-2028
- Exhibit 55: Chart on In-house - Market size and forecast 2023-2028 ($ million)
- Exhibit 56: Data Table on In-house - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Chart on In-house - Year-over-year growth 2023-2028 (%)
- Exhibit 58: Data Table on In-house - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Type
- Exhibit 59: Market opportunity by Type ($ million)
- Exhibit 60: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 62: Chart on Market share by geography - 2023-2028 (%)
- Exhibit 63: Data Table on Market share by geography - 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 64: Chart on Geographic comparison
- Exhibit 65: Data Table on Geographic comparison

9.3 Germany - Market size and forecast 2023-2028
- Exhibit 66: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.4 UK - Market size and forecast 2023-2028
- Exhibit 70: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.5 Sweden - Market size and forecast 2023-2028
- Exhibit 74: Chart on Sweden - Market size and forecast 2023-2028 ($ million)
- Exhibit 75: Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Chart on Sweden - Year-over-year growth 2023-2028 (%)
- Exhibit 77: Data Table on Sweden - Year-over-year growth 2023-2028 (%)

9.6 Spain - Market size and forecast 2023-2028
- Exhibit 78: Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Exhibit 79: Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Chart on Spain - Year-over-year growth 2023-2028 (%)
- Exhibit 81: Data Table on Spain - Year-over-year growth 2023-2028 (%)

9.7 Rest of Europe - Market size and forecast 2023-2028
- Exhibit 82: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 83: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 85: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)

9.8 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
- Exhibit 87: Data Table on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 88: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 89: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 90: Overview on factors of disruption

11.4 Industry risks
- Exhibit 91: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 92: Vendors covered

12.2 Market positioning of vendors
- Exhibit 93: Matrix on vendor position and classification

12.3 ABB Ltd.
- Exhibit 94: ABB Ltd. - Overview
- Exhibit 95: ABB Ltd. - Business segments
- Exhibit 96: ABB Ltd. - Key offerings
- Exhibit 97: ABB Ltd. - Segment focus

12.4 Acciona SA
- Exhibit 98: Acciona SA - Overview
- Exhibit 99: Acciona SA - Business segments
- Exhibit 100: Acciona SA - Key news
- Exhibit 101: Acciona SA - Key offerings
- Exhibit 102: Acciona SA - Segment focus

12.5 E.ON SE
- Exhibit 103: E.ON SE - Overview
- Exhibit 104: E.ON SE - Business segments
- Exhibit 105: E.ON SE - Key news
- Exhibit 106: E.ON SE - Key offerings
- Exhibit 107: E.ON SE - Segment focus

12.6 Emergya Wind Technologies BV
- Exhibit 108: Emergya Wind Technologies BV - Overview
- Exhibit 109: Emergya Wind Technologies BV - Product / Service
- Exhibit 110: Emergya Wind Technologies BV - Key offerings

12.7 Enercon Services Inc.
- Exhibit 111: Enercon Services Inc. - Overview
- Exhibit 112: Enercon Services Inc. - Product / Service
- Exhibit 113: Enercon Services Inc. - Key offerings

12.8 Fassmer Industrial Service GmbH and Co. KG
- Exhibit 114: Fassmer Industrial Service GmbH and Co. KG - Overview
- Exhibit 115: Fassmer Industrial Service GmbH and Co. KG - Product / Service
- Exhibit 116: Fassmer Industrial Service GmbH and Co. KG - Key offerings

12.9 Fred. Olsen Ocean AS
- Exhibit 117: Fred. Olsen Ocean AS - Overview
- Exhibit 118: Fred. Olsen Ocean AS - Product / Service
- Exhibit 119: Fred. Olsen Ocean AS - Key offerings

12.10 General Electric Co.
- Exhibit 120: General Electric Co. - Overview
- Exhibit 121: General Electric Co. - Business segments
- Exhibit 122: General Electric Co. - Key news
- Exhibit 123: General Electric Co. - Key offerings
- Exhibit 124: General Electric Co. - Segment focus

12.11 Ingeteam Corp. S.A.
- Exhibit 125: Ingeteam Corp. S.A. - Overview
- Exhibit 126: Ingeteam Corp. S.A. - Product / Service
- Exhibit 127: Ingeteam Corp. S.A. - Key offerings

12.12 Nordex SE
- Exhibit 128: Nordex SE - Overview
- Exhibit 129: Nordex SE - Business segments
- Exhibit 130: Nordex SE - Key offerings
- Exhibit 131: Nordex SE - Segment focus

12.13 PNE AG
- Exhibit 132: PNE AG - Overview
- Exhibit 133: PNE AG - Business segments
- Exhibit 134: PNE AG - Key offerings
- Exhibit 135: PNE AG - Segment focus

12.14 Repower AG
- Exhibit 136: Repower AG - Overview
- Exhibit 137: Repower AG - Business segments
- Exhibit 138: Repower AG - Key offerings
- Exhibit 139: Repower AG - Segment focus

12.15 Siemens AG
- Exhibit 140: Siemens AG - Overview
- Exhibit 141: Siemens AG - Business segments
- Exhibit 142: Siemens AG - Key news
- Exhibit 143: Siemens AG - Key offerings
- Exhibit 144: Siemens AG - Segment focus

12.16 Suzlon Energy Ltd.
- Exhibit 145: Suzlon Energy Ltd. - Overview
- Exhibit 146: Suzlon Energy Ltd. - Business segments
- Exhibit 147: Suzlon Energy Ltd. - Key offerings
- Exhibit 148: Suzlon Energy Ltd. - Segment focus

12.17 Vestas Wind Systems AS
- Exhibit 149: Vestas Wind Systems AS - Overview
- Exhibit 150: Vestas Wind Systems AS - Business segments
- Exhibit 151: Vestas Wind Systems AS - Key news
- Exhibit 152: Vestas Wind Systems AS - Key offerings
- Exhibit 153: Vestas Wind Systems AS - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 154: Inclusions checklist
- Exhibit 155: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 156: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 157: Research methodology
- Exhibit 158: Validation techniques employed for market sizing
- Exhibit 159: Information sources