Australia Wind Turbine Operation and Maintenance Market to Grow at a CAGR of 5.22% over 2024 to 2032; Australia’s Commitment to Reducing Carbon Emissions to Fuel Market Growth

The Australia wind turbine operation and maintenance market size was valued at USD 550.21 million in 2023. The market is projected to grow from USD 603.03 million in 2024 to USD 906.28 million by 2032, exhibiting a CAGR of 5.22% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Australia Wind Turbine Operation and Maintenance Market Size, Share & Industry Analysis, By Type (Scheduled and Unscheduled), By Location (Onshore and Offshore), and Country Forecast, 2024-2032”.

Effective operation and maintenance of wind turbines, including regular monitoring of components such as generators, blades, and gearboxes, are essential to prevent failures and ensure continued productivity. Australia’s significant investment in new wind energy installations, such as the 942 MW added in 2023, expands the operational base for wind turbines. This growth necessitates ongoing operation and maintenance services to ensure optimal performance and reliability.

The COVID-19 pandemic disrupted wind farm projects in Australia, impacting timeliness such as Forest Wind’s 1.2 GW project, delayed by 15 months. Originally scheduled for 2021, installation now targets the seconds half of 2022, with construction likely postponed until 2023.

GEV Wind Power Completed its Acquisition with Rigcom to Expand their Market Reach

In November 2023, GEV Wind Power, based in Hessle, completed its acquisition with Rigcom Group. This acquisition expanded GEV's presence into Australia, complementing its operations in the U.S. and European markets. The company offers high-value repair services to wind farm operators and manufacturers in Europe, the U.S. and the U.K., functioning both onshore and in complex offshore environments.

Rising Government Commitment to Renewable Energy and Technological Advancements to Spur Market Growth

Projects such as Hornsdale, with its substantial capacity and ongoing phases, increase the demand for operation and maintenance services. This expansion creates a continuous market for maintenance providers to ensure optimal turbine performance and longevity. Moreover, Australia’s commitment to reducing carbon emissions drives the need for efficient wind power operations. This focus on sustainability encourages ongoing investment in maintaining and upgrading existing wind infrastructure, bolstering the market for wind turbine operation and maintenance in Australia.

However, adoption of AI, automation, and drone technologies for maintenance requires substantial upfront investment, thereby hindering Australia wind turbine operation and maintenance market growth.

Key Players Emphasis on Investments to Streamline Operation and Maintenance

Vestas dominates the Australia wind turbine operation and maintenance market with extensive services and a renowned brand, investing heavily in technology to streamline operation and maintenance. Known for its cost-effective wind solutions, Vestas operates over 136 GW of turbines globally, with 117 GW currently operational, including a significant presence in Australia with over 5 GW installed.

List of Key Players Mentioned in the Report:

• Vestas (Denmark)


• Siemens Gamesa Renewable Energy S.A. (Spain)


• GE (U.S.)


• Goldwind (China)


• Wind Turbine Services Australia (Australia)


• G&S Abseiling (Australia)


• Australian Wind Services (Australia)


• Worley (Australia)


• Cosmic Group (Australia)


• Professional Wind (Australia)


• Alpha Offshore (Denmark)


• Direct Wind Services (Australia)


• Suzlon Energy Limited (India)


• Rigcom (Australia)


• Ropepro High Access Services (Australia)

Key Industry Development:

• September 2022: In collaboration with Mercury, Vestas obtained a 43 MW order for the Kaiwera Downs Wind Farms in New Zealand. The project would include 10 V136-4.2 MW wind turbines, each operating in 4.3 MW, which the company would supply and install. In addition to this, the company would offer a 30-year Active Output Management 5000 service and maintenance agreement, aimed at optimizing energy output and maintaining operational reliability, and efficiency for Mercury’s wind farm investment.

Further Report Findings:

• In terms of type, the market is bifurcated into scheduled and unscheduled. The unscheduled type held the dominant Australia wind turbine operation and maintenance market share in 2023. As wind turbine operators increasingly seek technologies and services to predict and prevent failures, the unscheduled maintenance segment is experiencing growth, reflecting a shift toward minimizing downtime and enhancing economic efficiency.


• In terms of location, the market for Australia wind turbine operation and maintenance is fragmented into onshore and offshore. The onshore holds the apex position in the market. Southern Australia and Western Victoria have led the way, contributing significantly to the total wind energy output, with Victoria generating 11.8 thousand gigawatt hours and South Australia generating 6.3 thousand gigawatt hours. The continued expansion of new projects, particularly in regions such as Western Australia and New South Wales, supports the segment’s growth.  

Table of Segmentation