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Wind Turbine Inspection Services Market to Be a Huge Support to Growing Wind Energy Market:Transparency Market Research

Transparency Market Research has published a new report "Wind Turbine Inspection Services Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023" to its report store.


Albany, NY -- (SBWIRE) -- 10/06/2015 -- As nations across the globe are trying to come to terms with the escalating problem of global warming, there has been a huge shift in perception about renewable sources of energy. With supportive government schemes, several countries are adding a considerable proportion of renewable energy generation to their overall energy mix. These efforts have brought wind energy to the fore, making it one of the most mature renewable energy technologies in today's time. Owing to these reasons, the global wind energy market has expanded in several large and small economies, thereby giving a substantial push to the global wind turbine inspection services market. The global wind turbine inspection services market has been gaining momentum due to the growing wind energy capacity across the globe.

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Wind Turbine Inspection Services Market to Improve Operational Life of Wind Turbines

A wind turbine is a complex piece of machinery that depends on capacity utilization. Thus, any amount of downtime due to unplanned maintenance can lead to a huge loss for the operator. The turbine is the most important and the most expensive part of a wind power generation unit. It includes several smaller parts such as generator system, the gearbox, generator package, and rotor blades, which are susceptible to breaking down. These services also guarantee that expensive parts of the wind turbine have a longer operational life.

Analysts have observed that growth of the wind turbine inspection services market will prove to be an important support to the wind energy market in the coming future. As the wind energy market grows with incentives such as feed-in-tariffs, the wind turbine inspection services market is also expected to witness a huge growth rate. The two broad segmentations of the global wind turbine inspection services market are formed on the basis of types of defects and geography. The types of defects that wind turbine inspection services address are inclusive of overload defects, external pollution, phase defects, mechanical defects, insulation defects, and others.

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Asia Pacific to Lead Global Wind Turbine Inspection Services Market

The global wind turbine inspection services market is expecting positive growth in the Asia Pacific region and in the emerging economies in the Middle East and Africa and South and Central America. The demand for wind turbine inspection services in Asia Pacific will be spearheaded by China, as the country is eagerly developing its offshore wind energy sector.

On the other hand, the wind turbine inspection services market is likely to be sluggish in North America and Europe, as the wind energy markets in these regions are reaching maturity. This slowdown can be attributed to the retraction of incentive schemes in North America and the economic crisis in Europe. However, offshore wind turbine inspection services will witness a surge in demand from Europe, as the region is trying to develop its offshore wind energy capacity. Although the U.S. has been rather slow to enter the offshore wind energy market, the number of installations in the country is expected to pick up in the future. By 2023, the wind energy capacity in the U.S. is likely to double from the present level.

Some of the important players in the global wind turbine inspection services market are Intertek Group Plc., Technical Wind Services Ltd., UpWind Solutions Inc., Cenergy International Services LLC, INVISO Services Ltd., ASC Engineering Service, UL International GmbH, MISTRAS Group Inc., Advanced Cleaning Technology Ltd., MFG Energy Services, and Midwest Underground Technology Inc.

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