Wind Turbine Services Market in Europe 2025-2029

Description

List of Tables

The wind turbine services market in Europe is forecasted to grow by USD 3238.1 million during 2024-2029, accelerating at a CAGR of 8.7% during the forecast period. The report on the wind turbine services market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in wind energy consumption, expansion in offshore wind, and rising need for grid stabilization and energy storage.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	8.4%
CAGR	8.7%
Incremental Value	$3238.1 mn

Technavio's wind turbine services market in Europe is segmented as below:

By Application

On-shore
Off-shore

By Type

OEM
ISP
In-house

By End-user

Wind farm operators
Power generation companies
Government and municipal bodies

By Service Type

Operation and maintenance
Monitoring and inspection
Repair and refurbishment
Installation and commissioning

By Geographical Landscape

Europe

This study identifies the development of hybrid model as one of the prime reasons driving the wind turbine services market in Europe growth during the next few years. Also, declining lcoe of wind power generation and emergence of advanced inspection techniques will lead to sizable demand in the market.

The report on the wind turbine services market in Europe covers the following areas:

Wind Turbine Services Market in Europe sizing
Wind Turbine Services Market in Europe forecast
Wind Turbine Services Market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind turbine services market in Europe vendors that include 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 Industrial Service GmbH and Co. KG, Fred. Olsen Ocean AS, General Electric Co., Ingeteam Corp. S.A., Nordex SE, Orsted AS, P and A Renewable Services, PNE AG, Repower AG, Siemens AG, Suzlon Energy Ltd., and Vestas Wind Systems AS. Also, the wind turbine services market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71739

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Regional - Market size and forecast 2024-2029 ($ million)
- Chart on Europe: Year-over-year growth 2024-2029 (%)
- Data Table on Regional - Market size and forecast 2024-2029 ($ million)

5 Historic Market Size

5.1 Wind Turbine Services Market in Europe 2019 - 2023
- Historic Market Size - Data Table on Wind Turbine Services Market in Europe 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.5 Service Type segment analysis 2019 - 2023
- Historic Market Size - Service Type Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI in wind turbine services market in Europe

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
8.3 On-shore - Market size and forecast 2024-2029
- Chart on On-shore - Market size and forecast 2024-2029 ($ million)
- Data Table on On-shore - Market size and forecast 2024-2029 ($ million)
- Chart on On-shore - Year-over-year growth 2024-2029 (%)
- Data Table on On-shore - Year-over-year growth 2024-2029 (%)
8.4 Off-shore - Market size and forecast 2024-2029
- Chart on Off-shore - Market size and forecast 2024-2029 ($ million)
- Data Table on Off-shore - Market size and forecast 2024-2029 ($ million)
- Chart on Off-shore - Year-over-year growth 2024-2029 (%)
- Data Table on Off-shore - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 OEM - Market size and forecast 2024-2029
- Chart on OEM - Market size and forecast 2024-2029 ($ million)
- Data Table on OEM - Market size and forecast 2024-2029 ($ million)
- Chart on OEM - Year-over-year growth 2024-2029 (%)
- Data Table on OEM - Year-over-year growth 2024-2029 (%)
9.4 ISP - Market size and forecast 2024-2029
- Chart on ISP - Market size and forecast 2024-2029 ($ million)
- Data Table on ISP - Market size and forecast 2024-2029 ($ million)
- Chart on ISP - Year-over-year growth 2024-2029 (%)
- Data Table on ISP - Year-over-year growth 2024-2029 (%)
9.5 In-house - Market size and forecast 2024-2029
- Chart on In-house - Market size and forecast 2024-2029 ($ million)
- Data Table on In-house - Market size and forecast 2024-2029 ($ million)
- Chart on In-house - Year-over-year growth 2024-2029 (%)
- Data Table on In-house - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Market Segmentation by End-user

10.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
10.3 Wind farm operators - Market size and forecast 2024-2029
- Chart on Wind farm operators - Market size and forecast 2024-2029 ($ million)
- Data Table on Wind farm operators - Market size and forecast 2024-2029 ($ million)
- Chart on Wind farm operators - Year-over-year growth 2024-2029 (%)
- Data Table on Wind farm operators - Year-over-year growth 2024-2029 (%)
10.4 Power generation companies - Market size and forecast 2024-2029
- Chart on Power generation companies - Market size and forecast 2024-2029 ($ million)
- Data Table on Power generation companies - Market size and forecast 2024-2029 ($ million)
- Chart on Power generation companies - Year-over-year growth 2024-2029 (%)
- Data Table on Power generation companies - Year-over-year growth 2024-2029 (%)
10.5 Government and municipal bodies - Market size and forecast 2024-2029
- Chart on Government and municipal bodies - Market size and forecast 2024-2029 ($ million)
- Data Table on Government and municipal bodies - Market size and forecast 2024-2029 ($ million)
- Chart on Government and municipal bodies - Year-over-year growth 2024-2029 (%)
- Data Table on Government and municipal bodies - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

11 Market Segmentation by Service Type

11.1 Market segments
- Chart on Service Type - Market share 2024-2029 (%)
- Data Table on Service Type - Market share 2024-2029 (%)
11.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
11.3 Operation and maintenance - Market size and forecast 2024-2029
- Chart on Operation and maintenance - Market size and forecast 2024-2029 ($ million)
- Data Table on Operation and maintenance - Market size and forecast 2024-2029 ($ million)
- Chart on Operation and maintenance - Year-over-year growth 2024-2029 (%)
- Data Table on Operation and maintenance - Year-over-year growth 2024-2029 (%)
11.4 Monitoring and inspection - Market size and forecast 2024-2029
- Chart on Monitoring and inspection - Market size and forecast 2024-2029 ($ million)
- Data Table on Monitoring and inspection - Market size and forecast 2024-2029 ($ million)
- Chart on Monitoring and inspection - Year-over-year growth 2024-2029 (%)
- Data Table on Monitoring and inspection - Year-over-year growth 2024-2029 (%)
11.5 Repair and refurbishment - Market size and forecast 2024-2029
- Chart on Repair and refurbishment - Market size and forecast 2024-2029 ($ million)
- Data Table on Repair and refurbishment - Market size and forecast 2024-2029 ($ million)
- Chart on Repair and refurbishment - Year-over-year growth 2024-2029 (%)
- Data Table on Repair and refurbishment - Year-over-year growth 2024-2029 (%)
11.6 Installation and commissioning - Market size and forecast 2024-2029
- Chart on Installation and commissioning - Market size and forecast 2024-2029 ($ million)
- Data Table on Installation and commissioning - Market size and forecast 2024-2029 ($ million)
- Chart on Installation and commissioning - Year-over-year growth 2024-2029 (%)
- Data Table on Installation and commissioning - Year-over-year growth 2024-2029 (%)
11.7 Market opportunity by Service Type
- Market opportunity by Service Type ($ million)
- Data Table on Market opportunity by Service Type ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share By Geographical Landscape - 2024-2029 (%)
- Data Table on Market share By Geographical Landscape - 2024-2029 (%)
13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
13.3 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.4 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
13.5 Sweden - Market size and forecast 2024-2029
- Chart on Sweden - Market size and forecast 2024-2029 ($ million)
- Data Table on Sweden - Market size and forecast 2024-2029 ($ million)
- Chart on Sweden - Year-over-year growth 2024-2029 (%)
- Data Table on Sweden - Year-over-year growth 2024-2029 (%)
13.6 Spain - Market size and forecast 2024-2029
- Chart on Spain - Market size and forecast 2024-2029 ($ million)
- Data Table on Spain - Market size and forecast 2024-2029 ($ million)
- Chart on Spain - Year-over-year growth 2024-2029 (%)
- Data Table on Spain - Year-over-year growth 2024-2029 (%)
13.7 Rest of Europe - Market size and forecast 2024-2029
- Chart on Rest of Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of Europe - Year-over-year growth 2024-2029 (%)
13.8 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Table on Market opportunity By Geographical Landscape ($ million)

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview
15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
- Overview on factors of disruption
15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered
16.2 Company ranking index
- Company ranking index
16.3 Market positioning of companies
- Matrix on companies position and classification
16.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT
16.5 Acciona SA
- Acciona SA - Overview
- Acciona SA - Business segments
- Acciona SA - Key news
- Acciona SA - Key offerings
- Acciona SA - Segment focus
- SWOT
16.6 E.ON SE
- E.ON SE - Overview
- E.ON SE - Business segments
- E.ON SE - Key offerings
- E.ON SE - Segment focus
- SWOT
16.7 Emergya Wind Technologies BV
- Emergya Wind Technologies BV - Overview
- Emergya Wind Technologies BV - Product / Service
- Emergya Wind Technologies BV - Key offerings
- SWOT
16.8 Enercon Services Inc.
- Enercon Services Inc. - Overview
- Enercon Services Inc. - Product / Service
- Enercon Services Inc. - Key offerings
- SWOT
16.9 Fassmer Industrial Service GmbH and Co. KG
- Fassmer Industrial Service GmbH and Co. KG - Overview
- Fassmer Industrial Service GmbH and Co. KG - Product / Service
- Fassmer Industrial Service GmbH and Co. KG - Key offerings
- SWOT
16.10 Fred. Olsen Ocean AS
- Fred. Olsen Ocean AS - Overview
- Fred. Olsen Ocean AS - Product / Service
- Fred. Olsen Ocean AS - Key offerings
- SWOT
16.11 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
- SWOT
16.12 Ingeteam Corp. S.A.
- Ingeteam Corp. S.A. - Overview
- Ingeteam Corp. S.A. - Product / Service
- Ingeteam Corp. S.A. - Key offerings
- SWOT
16.13 Nordex SE
- Nordex SE - Overview
- Nordex SE - Business segments
- Nordex SE - Key offerings
- Nordex SE - Segment focus
- SWOT
16.14 PNE AG
- PNE AG - Overview
- PNE AG - Product / Service
- PNE AG - Key offerings
- SWOT
16.15 Repower AG
- Repower AG - Overview
- Repower AG - Business segments
- Repower AG - Key offerings
- Repower AG - Segment focus
- SWOT
16.16 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
16.17 Suzlon Energy Ltd.
- Suzlon Energy Ltd. - Overview
- Suzlon Energy Ltd. - Business segments
- Suzlon Energy Ltd. - Key offerings
- Suzlon Energy Ltd. - Segment focus
- SWOT
16.18 Vestas Wind Systems AS
- Vestas Wind Systems AS - Overview
- Vestas Wind Systems AS - Business segments
- Vestas Wind Systems AS - Key offerings
- Vestas Wind Systems AS - Segment focus
- SWOT

17 Appendix

17.1 Scope of the report
17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
17.3 Currency conversion rates for US$
- Currency conversion rates for US$
17.4 Research methodology
- Research methodology
17.5 Data procurement
- Information sources
17.6 Data validation
- Data validation
17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
17.8 Data synthesis
- Data synthesis
17.9 360 degree market analysis
- 360 degree market analysis
17.10 List of abbreviations
- List of abbreviations