Wind Turbine Operations and Maintenance Market Size Is Anticipated To Reach USD 20.3 Billion By 2025 : Grand View Research Inc.
San Francisco, 19 November 2019: The Report Wind Turbine Operations and Maintenance Market Analysis By Application (Onshore and Offshore), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2018 – 2025 The global wind turbine operations & maintenance market is expected to reach USD 20.3 billion by 2025, according to a new report by Grand View Research, Inc. Rising focus to minimize environmental impact in the power generation industry, has fueled the wind energy market. Exponential rise in wind turbine installation across the globe, especially in Asia Pacific, Europe, and North America is expected to have a positive impact on the industry over the forecast period. Various components such as blades, gearbox, rotors, generator, yaw, and hydraulic pumps are susceptible to failure and require regular condition monitoring to avoid breakdown. Effective maintenance at regular interval helps to decrease failure rate and thus increase