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Wind Turbine Inspection Services Market

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Wind Turbine Inspection Services Market report categorizes global market on the basis of services, and other industry segmentations - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
Wind Turbine Inspection Services
Market - Global Industry Insights,
Trends, Outlook, 2017–2025
Hydroelectric power plants and wind energy are among the most widely used renewable
forms of energy sources. Hydroelectric power generation, which is the largest used
renewable power source, is limited owing to the inadequacy of the generating resources
to meet the global demands. Wind energy is available abundantly and can be used to
meet the global energy demands. Requirement to harness these resources consistently,
and maintain the high energy efficiency of these through the turbine life cycle is
expected to drive the demands for related inspection services through the forecast
period.
Increasing deployment for the energy source across the globe will drive the wind
turbine inspection services market growth
According to Global Wind Energy Council (GWEC), the total installed capacities of
these farms was over 485 GW is expected to surge significantly over the coming years.
According to Coherent Market Insights analysis, the total installed capacities would
increase over double the installed capacities in 2016, by 2025. Turbines are highly
crucial components for the energy generation and comprise number of smaller
components that includes gearbox and generator, which are necessitated to be serviced
and inspected on regular intervals to safeguard the optimal efficiency and performance.
Thus, to ensure longevity and accurate information regarding the energy generation,
farm contractors and operators are expected to drive the service industry requirements.
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Wind Turbine Inspection Services Market Taxonomy
On the basis of services, the global wind turbine inspection services market is classified
into:
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Quality assurance & quality control
Nondestructive examination (NDE)
Condition assessment/inspection
Process safety management
Outage & turnaround support
Vendor evaluation & product assurance
Welding & corrosion engineering
Inspection drones incorporated with advanced monitoring equipment and
artificial intelligence is expected is among the key trend gaining traction in the
industry applications
Wind turbine examination drones are small sized unmanned aerial vehicles that are
utilized to accumulate information and images for the assessment, monitoring, mapping,
and analysis of blades, towers and nacelles. Conventional methods for the examination
includes the employment of specific teams suspended through cables and rope
supports, using field telescopes and binoculars for the task. In conjunction with the
human life risks, the method has several limitations such as difficulty to access some
areas, exclusion of blade defects assessment invisible to the naked eye. Elimination of
these drawbacks through utilization of these drones is expected to present considerable
growth prospects for this market.
Integration of artificial intelligence (AI) in these drones to reduce the workflow errors and
enhance detailed analysis within few hours is among the key trends gaining traction in
industry. However, stringent regulatory standards against the use of these drones in
some major economies such as FAA regulations in the U.S., regulations regarding
VLOS and BVLOS and other regionally distinct regulations will present considerable
growth to the drone adoptions.
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Noise pollution and threat to wildlife, specifically flying creatures such as bats,
birds, etc., are some of the major drawbacks that may hamper the industry
growth rate
These energy sources cannot be used to meet the base load demands, without the
additional investments for the energy storage. However, this may add up to the initial
high investment required which is considerably higher in comparison to establishment of
conventional energy plants. These factors are expected to consistently hinder the
adoption of these means to generate the energy which will consequentially negatively
impact the wind turbine inspection market growth.
Asia Pacific is expected to dominate the overall industry growth through the
forecast period
China contributes to over 37% of the global installed units for the power generation
accounting for over 168.73 MW in 2016, as per the GWEC. India contributed to the
world’s fourth largest installed units. High deployments in these major emerging
economies in the region is expected to attract significant investments in these
economies. Other major attractive economies for the wind turbine inspection services
include the U.S, Germany, Spain, UK, France, Canada, and Brazil.
Chief industry participants include Intertek Group Plc., UpWind Solutions Inc., Technical
Wind Services Ltd., INVISO Services Ltd., Cenergy International Services LLC, UL
International GmbH, ASC Engineering Service, Advanced Cleaning Technology Ltd.,
MISTRAS Group Inc., Midwest Underground Technology Inc., and MFG Energy
Services.
For More Information :
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es-market-653
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trends, technologies, and potential absolute dollar opportunity.
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Author
Sagar Gawade
Sagar Gawade44   documents Email
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