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Mobile WebSiteThe latest report said that by 2025, the global wind power service market will reach 25 billion US dollars.
Pressure on the capital markets and operating costs of the wind power market will continue to increase as wind farm operators want to minimize cost-competitive non-subsidized projects. With the end of the era of European feed-in tariffs, the biggest uncertainty facing wind farm operators in Europe is the price of electricity, which makes it difficult to take new investment and cost decisions.
Recently, the major mergers and acquisitions in the global wind power market have promoted the integration of industries. The purpose of the M & A activities is to make more use of economies of scale to improve operational efficiency. In the meantime, reverse engineering has made it possible for more competitors and new players to emerge to replace those already acquired. The industry believes that OEMs' strengths are being weakened, but wind farm operators are realizing the benefits of working with future wind energy OEMs.
