Wind Turbine Services Market in Europe 2024-2028

Wind Turbine Services Market In Europe 2024-2028


The wind turbine services market in Europe is forecasted to grow by USD 2889.72 mn during 2023-2028, accelerating at a CAGR of 8.48% 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 a rise in wind energy consumption, expansion in offshore wind, and a rising need for grid stabilization and energy storage.

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 Geography
  • 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 ICOE 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, Vestas Wind Systems AS, and Suzlon Energy Ltd.. 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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 the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
  • Historic Market Size
    • Wind turbine services market in Europe 2018 - 2022
      • Table Historic Market Size – Data Table on wind turbine services market in Europe 2018 – 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • On-shore - Market size and forecast 2023-2028
      • Table Chart on On-shore - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on On-shore - Market size and forecast 2023-2028 ($ million)
      • Table Chart on On-shore - Year-over-year growth 2023-2028 (%)
      • Table Data Table on On-shore - Year-over-year growth 2023-2028 (%)
    • Off-shore - Market size and forecast 2023-2028
      • Table Chart on Off-shore - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Off-shore - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Off-shore - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Off-shore - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • OEM - Market size and forecast 2023-2028
      • Table Chart on OEM - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on OEM - Market size and forecast 2023-2028 ($ million)
      • Table Chart on OEM - Year-over-year growth 2023-2028 (%)
      • Table Data Table on OEM - Year-over-year growth 2023-2028 (%)
    • ISP - Market size and forecast 2023-2028
      • Table Chart on ISP - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on ISP - Market size and forecast 2023-2028 ($ million)
      • Table Chart on ISP - Year-over-year growth 2023-2028 (%)
      • Table Data Table on ISP - Year-over-year growth 2023-2028 (%)
    • In-house - Market size and forecast 2023-2028
      • Table Chart on In-house - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on In-house - Market size and forecast 2023-2028 ($ million)
      • Table Chart on In-house - Year-over-year growth 2023-2028 (%)
      • Table Data Table on In-house - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography - 2023-2028 (%)
      • Table Data Table on Market share by geography - 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Sweden - Market size and forecast 2023-2028
      • Table Chart on Sweden - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Sweden - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Sweden - Year-over-year growth 2023-2028 (%)
    • Spain - Market size and forecast 2023-2028
      • Table Chart on Spain - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Spain - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Spain - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Spain - Year-over-year growth 2023-2028 (%)
    • Rest of Europe - Market size and forecast 2023-2028
      • Table Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Table on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rise in wind energy consumption
      • Expansion in offshore wind
      • Rising need for grid stabilization and energy storage
    • Market challenges
      • Intermittency of wind power
      • Need for high-quality infrastructure to operate wind farms
      • Complexity of offshore wind
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Development of hybrid model
      • Declining LCOE of wind power generation
      • Emergence of advanced inspection techniques
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Acciona SA
      • Table Acciona SA - Overview
      • Table Acciona SA - Business segments
      • Table Acciona SA - Key news
      • Table Acciona SA - Key offerings
      • Table Acciona SA - Segment focus
    • E.ON SE
      • Table E.ON SE - Overview
      • Table E.ON SE - Business segments
      • Table E.ON SE - Key news
      • Table E.ON SE - Key offerings
      • Table E.ON SE - Segment focus
    • Emergya Wind Technologies BV
      • Table Emergya Wind Technologies BV - Overview
      • Table Emergya Wind Technologies BV - Product / Service
      • Table Emergya Wind Technologies BV - Key offerings
    • Enercon Services Inc.
      • Table Enercon Services Inc. - Overview
      • Table Enercon Services Inc. - Product / Service
      • Table Enercon Services Inc. - Key offerings
    • Fassmer Industrial Service GmbH and Co. KG
      • Table Fassmer Industrial Service GmbH and Co. KG - Overview
      • Table Fassmer Industrial Service GmbH and Co. KG - Product / Service
      • Table Fassmer Industrial Service GmbH and Co. KG - Key offerings
    • Fred. Olsen Ocean AS
      • Table Fred. Olsen Ocean AS - Overview
      • Table Fred. Olsen Ocean AS - Product / Service
      • Table Fred. Olsen Ocean AS - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Ingeteam Corp. S.A.
      • Table Ingeteam Corp. S.A. - Overview
      • Table Ingeteam Corp. S.A. - Product / Service
      • Table Ingeteam Corp. S.A. - Key offerings
    • Nordex SE
      • Table Nordex SE - Overview
      • Table Nordex SE - Business segments
      • Table Nordex SE - Key offerings
      • Table Nordex SE - Segment focus
    • PNE AG
      • Table PNE AG - Overview
      • Table PNE AG - Business segments
      • Table PNE AG - Key offerings
      • Table PNE AG - Segment focus
    • Repower AG
      • Table Repower AG - Overview
      • Table Repower AG - Business segments
      • Table Repower AG - Key offerings
      • Table Repower AG - Segment focus
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • Suzlon Energy Ltd.
      • Table Suzlon Energy Ltd. - Overview
      • Table Suzlon Energy Ltd. - Business segments
      • Table Suzlon Energy Ltd. - Key offerings
      • Table Suzlon Energy Ltd. - Segment focus
    • Vestas Wind Systems AS
      • Table Vestas Wind Systems AS - Overview
      • Table Vestas Wind Systems AS - Business segments
      • Table Vestas Wind Systems AS - Key news
      • Table Vestas Wind Systems AS - Key offerings
      • Table Vestas Wind Systems AS - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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