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市场调查报告书
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1729913

风电变流系统市场报告:2031 年趋势、预测与竞争分析

Wind Power Converter System Market Report: Trends, Forecast and Competitive Analysis to 2031

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3个工作天内

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简介目录

未来全球风电变流系统市场很可能在离岸风力发电看到机会。预计全球风电变流系统市场从 2025 年到 2031 年的复合年增长率将达到 7.4%。该市场的主要驱动力是可再生能源需求的不断增长、风力发电机安装数量的不断增加以及技术的不断进步。

  • 根据 Lucintel 的预测,根据类型,由于离岸风力发电计划的增加,预计预测期内全功率将出现高速成长。
  • 从应用角度来看,随着深水区投资增加和产能扩张,离岸风力发电预计将出现强劲成长。
  • 从地区来看,由于可再生能源技术的日益普及,预计欧洲将在预测期内实现最高成长。

风电变流系统市场的新趋势

风电变流系统市场正在鼓励技术创新以提高能源效率,从而推动该领域出现新的趋势。随着对可再生能源的需求不断增长,风力发电系统正在转变,带来更大的挑战。以下是改变该行业的五个关键趋势:

  • 能源储存系统係统的使用:能源储存系统目前广泛与风力发电转换系统结合使用。透过在能源充足和风能丰富的时间对电池进行充电,并在需求高峰时对电池进行放电,可以防止电力短缺。随着风力发电供需的变化,这种方式可以提高能源供应的灵活性和稳定性。这些因素将促进混合能源系统的发展,并提高电网中风力发电的可靠性。
  • 离岸风力发电扩张:离岸风力发电电场正在成为美国、德国和日本的重要发展领域。此类系统中使用的风电转换器技术必须针对风和水流更加不稳定的超深水域进行设计和测试。随着离岸风力发电的扩张,更经济、更可靠、更永续的能源系统的进步对于提高能源产量至关重要。这有望为海上领域的转换器製造商带来新的视角。
  • 将再生能源来源融入智慧电网:智慧电网越来越多地纳入风力发电变流系统。这种现代化需要能够通讯和自动化电力转换过程,以解决能源消耗和生产、需求和供应问题。该技术使风电场产生的能源能够在国家和地区电网中得到更有效的利用,有助于平衡电网并最大限度地减少能源损失。随着电网不断现代化,对更灵活、更复杂的新型风电转换器的需求将不断增加。
  • 透过技术改进降低成本:降低成本是风电变流系统市场的主要目标之一。风力发电的使用日益增长似乎正在推动市场对风力发电转换系统开发的需求。更高效的半导体材料和现代电力电子元件为经济高效的转换器提供了巨大的潜力。在规模和效益优化方面,风力发电生产成本可望下降,使风电利用更具竞争力。
  • 风力发电系统的超导体和合金开发:同样,风力发电变流系统对新材料和新零件的使用也显着增加。超导性、更强更轻的合金以及更强更耐用的半导体的现代化正在使风力发电转换系统更加可靠和高效。这些材料使转换器能够在高容量范围内运行,同时能够长时间承受恶劣的环境条件。这是风电微变流器系统满足可再生能源供应需求的前沿趋势。

这些新发展正在透过鼓励能源储存、海上设施、智慧电网、成本降低和材料科学的创新方法来改变风能转换系统市场。许多国家的重点正转向永续的现代化增长和增加国家可再生能源组合。这些趋势对于维持风力发电的成长至关重要。为了实现这些目标,采用更现代化和高效的风力发电变流系统至关重要,这将继续提高世界各地风力发电系统的性能。

风电变流系统市场的最新趋势

风力发电转换系统产业正在经历几项关键的技术创新,这些创新正在改变可再生能源产业。这些变化体现了世界对永续能源发展和技术进步的承诺。以下创新正在推动市场成长:

  • 提高电力转换效率:利用现代风能领域的超高效风力发电转换器的新发展是实现风力发电系统成本效益的关键一步。电力电子技术的新发展透过提高风力发电机的效率同时改善转换过程中的能量保持,带来了转换器性能的显着改善。此举对于进一步利用风力发电并使其相对于其他再生能源来源更具优势至关重要。
  • 电力电子与风力发电机介面:现代电力电子技术提高了风力发电机的性能和整合度,提高了风电变流系统的稳定性。电力电子技术确保对能源管理活动进行有效控制,并提高风力发电机在各种条件下的运作效率。这项发展将提高风力发电系统在变化的风力条件下更有效地输送能量的能力,并提高电力系统中风力发电的利用率。
  • 风电场的先进离岸风电变流电源系统:随着离岸风力发电电场的不断部署,专用的海上变流系统正在开发中。这些系统专为海上使用而设计,因为它们必须应对更深的水域和更恶劣的天气条件所带来的挑战。离岸风力发电变流系统的改进和创新无疑将推动海上风力发电资源的成长,尤其是在美国、德国和日本。
  • 能源储存整合:能源储存系统与风电变流系统整合起来变得越来越有价值,因为这有助于平滑风电输出。例如,当风能超过需求时,电池可以从电网中捕获多余的能量,然后在需要时排放这些能量。此项技术创新显着提高了风电场在电网中的能源回收水平,增强了电网的可靠性。综合能源储存系统係统可望保障未来风力发电的永续。
  • 努力降低成本:降低风电变流系统的成本也是非常有效的。新材料、新技术的引入以及电力电子控制和加工製造,降低了风电变流器的价格。这使我们能够利用比其他能源来源更多的风力发电,同时支持清洁能源的成长。随着风电变流系统装置容量的增加,预计已开发国家和新兴国家都将提供电力。

风电变流系统市场正在发生的变化正受到这些新市场发展的推动。电力与能源储存的整合、成本的降低、离岸风电的发展以及电力转换效率的提高都有助于提高市场竞争力和永续性。这些进步确保了风力发电仍然是全球能源转型的核心,并保证了风电变流系统作为未来可再生能源产业基础技术的顺利发展。

目录

第一章执行摘要

第二章全球风力发电系统市场:市场动态

  • 简介、背景和分类
  • 供应链
  • 产业驱动力与挑战

第三章 2019年至2031年市场趋势及预测分析

  • 宏观经济趋势(2019-2024)及预测(2025-2031)
  • 全球风电变流系统市场趋势(2019-2024)及预测(2025-2031)
  • 全球风电变流系统市场类型
    • 双电源
    • 全力
  • 全球风电变流系统市场(按应用)
    • 离岸风力发电
    • 陆域风电

第四章2019年至2031年区域市场趋势与预测分析

  • 全球风电变流系统市场(按区域)
  • 北美风电变流系统市场
  • 欧洲风电变流系统市场
  • 亚太风电变流系统市场
  • 世界其他地区风电变流系统市场

第五章 竞争分析

  • 产品系列分析
  • 营运整合
  • 波特五力分析

第六章 成长机会与策略分析

  • 成长机会分析
    • 全球风电变流系统市场的成长机会(按类型)
    • 全球风电变流系统市场的成长机会(按应用)
    • 全球风电变流系统市场各区域成长机会
  • 全球风电变流系统市场的新趋势
  • 战略分析
    • 新产品开发
    • 全球风力发电系统市场容量扩大
    • 全球风电变流系统市场的合併、收购与合资企业
    • 认证和许可

第七章主要企业简介

  • ABB
  • AMSC
  • Siemens
  • Emerson
  • Vacon
  • Schneider
  • GE Power
  • Switch
  • Woodward
  • Ingeteam
简介目录

The future of the global wind power converter system market looks promising with opportunities in the offshore wind power and onshore wind power markets. The global wind power converter system market is expected to grow with a CAGR of 7.4% from 2025 to 2031. The major drivers for this market are the rising demand for renewable energy, the growing installations of wind turbines, and the increasing technological advancement.

  • Lucintel forecasts that, within the type category, full power is expected to witness higher growth over the forecast period due to the rising number of offshore wind projects.
  • Within the application category, offshore wind power is expected to witness higher growth due to the rising investments and growing capacity in deepwater locations.
  • In terms of region, Europe is expected to witness the highest growth over the forecast period due to the growing adoption of renewable energy technologies.

Emerging Trends in the Wind Power Converter System Market

Innovation is encouraged in the wind power converter system market for increased energy efficiency, leading to new emerging trends in the space. Wind Power systems are transforming as the need for renewable energy increases, which leads to greater challenges. Below are five primary trends that are transforming the industry:

  • Use of Energy Storage Systems: Energy Storage Systems are now widely used with wind power converter systems. Batteries can be charged during times of high wind generation when energy is abundant, and later discharged during peak times of demand, which prevents power shortages. With the changing supply and demand in wind energy, this approach allows for greater flexibility and stability in energy supply. These factors will enhance the development of hybrid energy systems, increasing the reliability of wind energy within the power grid.
  • Expansion of Offshore Wind Energy: Offshore wind farms are starting to gain prominence as a vital area of development in the United States, Germany, and Japan. The wind power converter technology used in such systems must be designed for, and tested in, ultra-deep water where the winds and currents are more volatile. As offshore wind farms expand, the advancement of more economical and reliable sustainable energy systems will be critical to increase energy production. This is anticipated to create new prospects for converter producers in the offshore sector.
  • Integration of Renewable Energy Sources into Smart Grids: Smart grids are increasingly incorporating wind power converter systems. Such modernisation entails the ability to communicate and automate the processes of power conversion, which are needed in order to respond to both energy consumption and production as well as to supply and demand. With this technology, energy produced by wind farms can be more effectively used by the national and regional grids, helping balance the grid and minimize energy losses. As the modernization of the grids progresses, there will be a higher need for new types of wind power converters, which are more flexible and sophisticated.
  • Reducing Expenses through Improvement with Technology: Reducing expenses is one of the major objectives in the wind energy converter systems market. The expansion of wind power utilization seems to be increasing the market's demand for the development of wind power conversion systems. More efficient semiconductor materials and the modern power electronic components have great scope for cost effective converters. Regarding the scale and performance optimization, it is anticipated that the cost of producing wind energy will be lower, which will enable wind power to be utilized even more competitively.
  • Development of Superconductors and Alloys for Wind Power Systems: Similarly, there is a noticeable increase in the use of new materials and components for the wind power converter systems. The modernization of superconductors, stronger, lighter alloys, and stronger, durable semiconductors is making wind power converter systems more reliable and efficient. These materials enable converters to operate in the high capacity range while being able to endure harsh environmental conditions over extended periods. This is the most advanced trend in wind power micro converter systems that meets the requirements of renewable energy supply.

These newly developing trends are transforming the wind power converter system market by encouraging inventive approaches in energy storage, offshore installations, smart grids, cost easing, and materials science. The focus for many countries is shifting toward sustainable contemporary growth and increasing the renewable energy portfolio of the country. These trends are pivotal for maintaining the growth of wind power. Achieving these aims hinges on the adoption of more modern and efficient wind power converter systems, which will keep enhancing the performance of wind energy systems around the world.

Recent Developments in the Wind Power Converter System Market

The wind power converter system industry has seen several important innovations that are shifting the renewable energy industry. These changes illustrate the commitment towards global sustainable energy development and technology advancement. The following innovations are causing expansion of the marketplace:

  • Higher Rate of Power Conversion Efficiency: New developments in ultra-efficient wind energy converters that utilize modern wind sectors are an important step in achieving wind power systems' cost effectiveness, as efficiency of energy conversion in ultra-modern wind sectors is directly related to cost effectiveness. New developments in power electronics have shown appreciable improvements in the performance of converters by improving energy retention during the conversion process while at the same time increasing the efficacy of wind turbines. This step is vital is further harnessing wind energy and making it increasingly favorable compared to other renewable energy sources.
  • Interfacing Power Electronics With Wind turbines: Modern power electronics have enhanced the performance and integration of wind turbines and increased the stability of the wind power converter systems. Power electronics ensures efficient control of energy management activities, which improves the operational efficiency of wind turbines under different conditions. This development augments the capability of wind power systems to deliver energy more effectively during varying wind conditions, thereby strengthening the use of wind energy in the electric power systems.
  • Advanced Offshore Wind Converter Power Systems for Wind Farms: With the increasing deployment of offshore wind farms, the development of offshore specific converter systems has progressed. These systems are offshore specific in nature as they are required to cater to the challenges posed by deep sea and more severe weather conditions. Improvement and innovation in the offshore wind power converter systems will no doubt facilitate the growth of offshore wind energy resources, especially in the USA, Germany, and Japan.
  • Integration of Energy Storage: It is becoming more valuable to integrate them with energy storage systems with regard to the wind power converter system, as it helps in equalizing the output of wind power generation. Batteries, for instance, are able to capture excess energy from the grid when the wind energy produced is greater than the demand and then discharge the energy when it is needed. This innovation greatly improves the level of energy capture of wind plants in the grid and improves their reliability. Integrated energy storage systems are anticipated to ensure the sustainable development of wind energy in the future.
  • Initiatives to Reduce Costs: Reduction of wind power converter systems costs is also very useful. The introduction of new materials, new technologies in the manufacture as well as in the power electronics control and processing has been driving the price of wind converters down. This allows greater use of wind energy than other sources, and at the same time supports the growth of clean energy. As installed capacity for wind power converter systems increases, it is expected that power will be gained from both developed countries and developing countries.

The ongoing changes in the wind power converter system market are bolstered by these new developments. The consolidation of power through integration with energy storage, cost reduction, offshore wind development, along with an advancement in power conversion efficiency, all contribute towards making the market more competitive and more sustainable. These advancements make certain that wind energy stays central in the global energy transition, ensuring the smooth development of wind power converter systems as a fundamental technology for the future renewable energy industry.

Strategic Growth Opportunities in the Wind Power Converter System Market

Investment in renewable energy sources is increasing, driving the growth of the Wind Power Converter Market. Many regions across the globe are transitioning towards sustainability, increasing the prominence and the investments directed into technologies that efficiently harness the renewable energy sources available. With the advancement of technologies, policy support, and economic drivers, the performance, cost-effectiveness, and deployment of wind power converters have much room for improvement. These opportunities allow for improvement in many key applications, which could fundamentally change global wind energy systems.

  • Integration with Smart Grids: Integrating wind power converter systems with smart grids presents a tremendous opportunity for growth. Smart grids use modern communication technologies to optimize energy consumption and distribution. Wind converters, which are smart grid compatible, allow for the effective balancing and distribution of energy harvested through wind. As a result, there is improved incorporation of wind power into the existing and new energy grids, increasing grid dependability and supporting renewable energy deployment.
  • Development of Offshore Wind Farms: The offshore wind farms can be viewed as a significant opportunity for expansion in the market for wind power converters. The United States, Germany, and Japan are increasing their offshore wind resources, and therefore, converters have to be customized to these new environments. The converters for offshore wind farms are required to function in more severe weather, greater water depths, and further distances from shore. More robust, efficient, and reliable wind power converter systems are needed to support these greater offshore wind farms, which will, in turn, increase investment and innovation into these segments.
  • Integration of Energy Storage: Integration of energy storage provides an additional attractive area for the development of wind power converters. The asynchronous character of wind energy production necessitates the integration of battery storage systems with the converters themselves. This ensures that when the wind blows and there is high energy generation, excess energy can be stored, and when demand rises significantly above supply, energy can be released from storage. The combination of wind power converters with energy storage will ensure the reliability and consistency of wind power in areas with highly variable wind energy supply.
  • Cost Cutbacks via New Technology: Refining the cost of the wind power converter systems can be a great growth opportunity. Modern technology innovation through newer and more efficient semiconductors, advanced materials, and cheaper manufacturing techniques can greatly reduce the expenses incurred on the converters. As wind power gets more economically favorable compared to holistic sources of energy, these reductions in cost will make it available for countries with weaker or developing renewable energy markets. This will increase the use of wind energy and create new opportunities for manufacturers of the converters.
  • Greater functionality with artificial intelligence and machine learning: The use of artificial intelligence (AI) and machine learning in the wind power converter systems is a great opportunity for growth. AI and ML Technologies can enhance energy produced by utilizing predictive control of the wind, energy management, and real-time control of the system. This technology can increase the productivity of wind power converters, decrease their downtime, and improve the converters' ability to respond to dynamic conditions. Wind power converter technologies can be made more intelligent and responsive to wind. This will improve the energy performance of the device and the responsiveness of the converters.

The integration with smart grids, offshore wind farms, energy storage, reduction of costs, and AI technology is supported by these growth opportunities. Each one of these developments is critical in transforming the wind power converter system market. These changes will help enhance the efficiency, scalability, and affordability of wind energy while striving to meet global renewable energy objectives. The wind power converter system market is bound to develop further as these opportunities present themselves, leading to the emergence of innovation and new markets for renewable energy technologies across the globe.

Wind Power Converter System Market Driver and Challenges

There are many drivers and challenges concerning the Wind Power Converter System Market that affect the market. The wind power converter system market has been affected by numerous technological, economic, and political factors. Investments have been made in technological research, and now the converters have achieved higher performance and efficiency, which aids the viability of wind power. Economic factors, such as government incentives and subsidies, enable the expansion of renewable energy markets throughout the world. There are some important issues regarding cost, grid integration, and the uncertainty of wind energy that also need to be overcome. Understanding these components will explain the future of the wind power converter system market.

The factors responsible for driving the wind power converter system market include:

1. Progress in Technology: Developments in technology are essential accelerators of the wind power converter system market. Innovations in power electronics, semiconductors, and turbine converter design have led to new breakthroughs, increasing the effectiveness and dependability of wind turbines. Furthermore, the deployment of smart grid technologies as well as artificial intelligence (AI) is also enhancing the performance of the converters. These innovations enable the wind power converters to respond efficiently to fluctuations in the wind and the demands of the grid, which in turn enhances the penetration of wind energy into the national and regional grids.

2. Policy Drivers for Renewable Energy Sources: Regulatory and policy instruments directed towards renewable energy use have a positive impact on the increase in the wind power converter system market. All countries are adopting more rigid environmental rules and renewable energy goals. Fiscal Policies - tax credits, subsidies, as well as compulsory renewable energies - are meant to stimulate investments in wind power systems, including converters. Regulatory assistance not only promotes the construction of wind farms but also fosters the utilization of wind energy systems, thereby guaranteeing a constant market for dependable and effective power conversion systems.

3. Cost-Competitiveness of Wind Energy: The cost-competitiveness of wind energy is expected to rise as the demand for wind power converters increases. The price drop on wind turbines, along with the cheapening of wind energy systems, is increasing the overall feasibility of wind energy projects. Complementing technologies are continuing to emerge, which, in turn, lay the foundation for decreasing wind power converter costs. With everything said, both developed and emerging economies will be able to access wind energy. This transition towards cheaper renewable energy sources is predicted to additionally boost the demand for wind power converter systems.

4. Energy Storage Integration: Energy storage systems are equally important for lessening the discontinuity of wind energy, particularly when paired with wind power systems. They are also responsible for the growing trends within the market. Batteries, for instance, are an energy storage option that can store excess energy from high wind periods for times when there is low wind. With an increase in demand for more dependable and versatile power systems, the integration of energy storage will continue to be a powerful factor for wind power converters. This will alleviate concerns about energy reliability from wind sources, making the market increasingly appealing to investors and consumers.

5. Development of Wind Energy Offshore: The offshore segment in the wind power sector has the most rapid growth. Countries such as the US, Germany, and the UK, looking to exploit the potential of high offshore winds, possess a strong demand for offshore specialized wind power converter systems. These offshore wind converters have to withstand tough oceanic environments and longer-range transmissions. The development of offshore wind energy presents a significant opportunity for most converter manufacturers as these systems are essential for dependable and effective power generation.

Challenges in the wind power converter system market are:

1. Wind Energy's Constant Change: As with most forms of renewable energy, wind energy has a characteristic of constantly changing, so it is often not available for use at all times. The inconsistency of wind speed can make it difficult to integrate with the grid and depend on it for reliable energy. Wind power converter systems are constantly struggling to adapt to the ever-changing demand and supply of electricity. Alongside converters, integrated energy storage systems are being implemented to mitigate the concerns of less energy availability.

2. Grid Integrations and Infrastructure: Grid integration continues to be a fundamental barrier that challenges the wind power industry. Wind power converters have to be aligned with the existing capabilities of the grid infrastructure. In addition, integrating renewable energy sources into older grids is a problem, too. Smart grid systems as well as modern power electronic systems are being built to try to solve these problems, however, more work and money need to be put into the modernization of the grids for wind energy to be integrated with the existing grid systems at large scales.

3. High Initial Costs: The multifunctional nature of wind power converters and their allied costs in the context of wind turbine systems pose as daunting challenges, especially in developing economies. Slowly but surely, step by step, the price of wind power converters has begun to fall, but the return on investment is still challenging and troublesome. Cost of wind power systems is anticipated to reduce in correlation with improvement in technology and economies of scale, but the foremost hurdle remains securing finance and the challenges associated with the cost of deployment.

The wind power converter system market growth is being propelled by advancements in technology, government assistance, affordable pricing, the incorporation of energy storage systems, and the development of offshore wind farms. However, the volatile nature of wind energy, issues with grid integration, and the high costs of investment pose a challenge. Over time, as the industry expands and learns to deal with these obstacles, wind power converter systems will be crucial in advancing the global shift towards sustainable energy, and making wind energy a dependable and inexpensive option for renewable energy portfolios.

List of Wind Power Converter System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wind power converter system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wind power converter system companies profiled in this report include-

  • ABB
  • AMSC
  • Siemens
  • Emerson
  • Vacon
  • Schneider
  • GE Power
  • Switch
  • Woodward
  • Ingeteam

Wind Power Converter System Market by Segment

The study includes a forecast for the global wind power converter system market by type, application, and region.

Wind Power Converter System Market by Type [Value from 2019 to 2031]:

  • Doubly-Fed
  • Full Power

Wind Power Converter System Market by Application [Value from 2019 to 2031]:

  • Offshore Wind Power
  • Onshore Wind Power

Wind Power Converter System Market by Region [Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Wind Power Converter System Market

A significant change has been occurring in the wind power converter system market and various nations concerning their efforts to increase renewable energy consumption. This market segment is particularly important due to the shift towards new energy systems and the accelerated utilization of wind energy. Wind power converter systems are responsible for transforming the kinetic energy yielded from the wind into usable electricity, and their advancement in technology is crucial for increasing energy production. This development remains important to global governments and corporations that need to lessen their carbon footprint through sustainable living practices.

  • US: The United States, on the other hand, has heavily optimized the deepwater wind power converters stationed on the East Coast, making tremendous improvements to the offshore wind power systems. AI integrated with wind energy systems allows for the balance of energy generation with storage solutions, ultimately increasing the country's share of wind energy used for power generation. In addition, storage solutions that aid in covering the recurrent energy generation gaps are being integrated with wind energy systems.
  • China: Chinese companies have sought to become more affordable to accommodate the amount of new wind projects developed in the country, while the installation of wind power converters has been streamlined significantly. Alongside this, big data and AI have found a new use for themselves in energy conversion tasks in order to operate with maximum efficiency. China has taken large steps to remain one of the top countries investing in wind energy and has made strides to upgrade both onshore and offshore wind farms.
  • Germany: Germany has long been a leader in renewable energy in Europe and is currently pushing the boundaries with new technologies for wind power converter systems. The country's goal of achieving a decarbonized economy has enhanced advances in wind converter technologies, particularly with regard to offshore wind farms. Germany is making large investments in grid connections and hybrid converter systems that help to control the flow of power generated from wind. More focus is being directed towards developing new, more effective, and dependable systems capable of addressing wind energy variability in order to make wind power more dependable and stable.
  • India: India is one of the countries that has been rapidly expanding its renewable energy scope, especially in wind energy. The government has enacted certain provisions like specific auctions for wind projects and green house endeavors to promote wind energy. Wind power converter systems are being built in order to meet the enormous goals set by the country towards increasing renewable energy volume. India's national electricity grid focus also includes integration of these devices in the southern rural areas where there are abundant wind energy possibilities, but the grid backbone is weak.
  • Japan: Japan is putting money into offshore wind power to further cut greenhouse gas emissions. The country has been working on improving wind power converter systems to increase the reliability and efficiency of offshore wind farms. Japan is also building investments in smart grids and advanced offshore wind converter technology to integrate offshore wind power into the national energy grid. As Japan and other countries continue the expansion of offshore wind farms, especially in Japan's waters, ensuring the successful implementation of these renewable energy projects will require efficient converter systems.

Features of the Global Wind Power Converter System Market

Market Size Estimates: Wind power converter system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Wind power converter system market size by type, application, and region in terms of value ($B).

Regional Analysis: Wind power converter system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the wind power converter system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wind power converter system market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the wind power converter system market by type (doubly-fed and full power), application (offshore wind power and onshore wind power), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Wind Power Converter System Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global Wind Power Converter System Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global Wind Power Converter System Market by Type
    • 3.3.1: Doubly-Fed
    • 3.3.2: Full Power
  • 3.4: Global Wind Power Converter System Market by Application
    • 3.4.1: Offshore Wind Power
    • 3.4.2: Onshore Wind Power

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global Wind Power Converter System Market by Region
  • 4.2: North American Wind Power Converter System Market
    • 4.2.1: North American Market by Type: Doubly-Fed and Full Power
    • 4.2.2: North American Market by Application: Offshore Wind Power and Onshore Wind Power
  • 4.3: European Wind Power Converter System Market
    • 4.3.1: European Market by Type: Doubly-Fed and Full Power
    • 4.3.2: European Market by Application: Offshore Wind Power and Onshore Wind Power
  • 4.4: APAC Wind Power Converter System Market
    • 4.4.1: APAC Market by Type: Doubly-Fed and Full Power
    • 4.4.2: APAC Market by Application: Offshore Wind Power and Onshore Wind Power
  • 4.5: ROW Wind Power Converter System Market
    • 4.5.1: ROW Market by Type: Doubly-Fed and Full Power
    • 4.5.2: ROW Market by Application: Offshore Wind Power and Onshore Wind Power

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Wind Power Converter System Market by Type
    • 6.1.2: Growth Opportunities for the Global Wind Power Converter System Market by Application
    • 6.1.3: Growth Opportunities for the Global Wind Power Converter System Market by Region
  • 6.2: Emerging Trends in the Global Wind Power Converter System Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Wind Power Converter System Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Wind Power Converter System Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: ABB
  • 7.2: AMSC
  • 7.3: Siemens
  • 7.4: Emerson
  • 7.5: Vacon
  • 7.6: Schneider
  • 7.7: GE Power
  • 7.8: Switch
  • 7.9: Woodward
  • 7.10: Ingeteam