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Synopsis
The global Wind Power Converter System market was valued at US$ 346 million in 2023 and is anticipated to reach US$ 587.1 million by 2030, witnessing a CAGR of 7.1% during the forecast period 2024-2030.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
This report aims to provide a comprehensive presentation of the global market for Wind Power Converter System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Power Converter System.
Report Scope
The Wind Power Converter System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wind Power Converter System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wind Power Converter System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- ABB
- AMSC
- Siemens
- Emerson
- Vacon
- Schneider
- GE Power
- Switch
- Woodward
- Ingeteam
Segment by Type
- Doubly-Fed
- Full Power
Segment by Application
- Offshore Wind Power
- Onshore Wind Power
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wind Power Converter System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wind Power Converter System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wind Power Converter System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Wind Power Converter System Market Overview
1.1 Product Definition
1.2 Wind Power Converter System Segment by Type
1.2.1 Global Wind Power Converter System Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Doubly-Fed
1.2.3 Full Power
1.3 Wind Power Converter System Segment by Application
1.3.1 Global Wind Power Converter System Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Offshore Wind Power
1.3.3 Onshore Wind Power
1.4 Global Market Growth Prospects
1.4.1 Global Wind Power Converter System Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Wind Power Converter System Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Wind Power Converter System Production Estimates and Forecasts (2019-2030)
1.4.4 Global Wind Power Converter System Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wind Power Converter System Production Market Share by Manufacturers (2019-2024)
2.2 Global Wind Power Converter System Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Wind Power Converter System, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Wind Power Converter System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Wind Power Converter System Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Wind Power Converter System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wind Power Converter System, Product Offered and Application
2.8 Global Key Manufacturers of Wind Power Converter System, Date of Enter into This Industry
2.9 Wind Power Converter System Market Competitive Situation and Trends
2.9.1 Wind Power Converter System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wind Power Converter System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wind Power Converter System Production by Region
3.1 Global Wind Power Converter System Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Wind Power Converter System Production Value by Region (2019-2030)
3.2.1 Global Wind Power Converter System Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Wind Power Converter System by Region (2025-2030)
3.3 Global Wind Power Converter System Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Wind Power Converter System Production by Region (2019-2030)
3.4.1 Global Wind Power Converter System Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Wind Power Converter System by Region (2025-2030)
3.5 Global Wind Power Converter System Market Price Analysis by Region (2019-2024)
3.6 Global Wind Power Converter System Production and Value, Year-over-Year Growth
3.6.1 North America Wind Power Converter System Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Wind Power Converter System Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Wind Power Converter System Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Wind Power Converter System Production Value Estimates and Forecasts (2019-2030)
4 Wind Power Converter System Consumption by Region
4.1 Global Wind Power Converter System Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Wind Power Converter System Consumption by Region (2019-2030)
4.2.1 Global Wind Power Converter System Consumption by Region (2019-2024)
4.2.2 Global Wind Power Converter System Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Wind Power Converter System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Wind Power Converter System Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wind Power Converter System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Wind Power Converter System Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Wind Power Converter System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Wind Power Converter System Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wind Power Converter System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Wind Power Converter System Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Wind Power Converter System Production by Type (2019-2030)
5.1.1 Global Wind Power Converter System Production by Type (2019-2024)
5.1.2 Global Wind Power Converter System Production by Type (2025-2030)
5.1.3 Global Wind Power Converter System Production Market Share by Type (2019-2030)
5.2 Global Wind Power Converter System Production Value by Type (2019-2030)
5.2.1 Global Wind Power Converter System Production Value by Type (2019-2024)
5.2.2 Global Wind Power Converter System Production Value by Type (2025-2030)
5.2.3 Global Wind Power Converter System Production Value Market Share by Type (2019-2030)
5.3 Global Wind Power Converter System Price by Type (2019-2030)
6 Segment by Application
6.1 Global Wind Power Converter System Production by Application (2019-2030)
6.1.1 Global Wind Power Converter System Production by Application (2019-2024)
6.1.2 Global Wind Power Converter System Production by Application (2025-2030)
6.1.3 Global Wind Power Converter System Production Market Share by Application (2019-2030)
6.2 Global Wind Power Converter System Production Value by Application (2019-2030)
6.2.1 Global Wind Power Converter System Production Value by Application (2019-2024)
6.2.2 Global Wind Power Converter System Production Value by Application (2025-2030)
6.2.3 Global Wind Power Converter System Production Value Market Share by Application (2019-2030)
6.3 Global Wind Power Converter System Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Wind Power Converter System Corporation Information
7.1.2 ABB Wind Power Converter System Product Portfolio
7.1.3 ABB Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 AMSC
7.2.1 AMSC Wind Power Converter System Corporation Information
7.2.2 AMSC Wind Power Converter System Product Portfolio
7.2.3 AMSC Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.2.4 AMSC Main Business and Markets Served
7.2.5 AMSC Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Wind Power Converter System Corporation Information
7.3.2 Siemens Wind Power Converter System Product Portfolio
7.3.3 Siemens Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 Emerson
7.4.1 Emerson Wind Power Converter System Corporation Information
7.4.2 Emerson Wind Power Converter System Product Portfolio
7.4.3 Emerson Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Emerson Main Business and Markets Served
7.4.5 Emerson Recent Developments/Updates
7.5 Vacon
7.5.1 Vacon Wind Power Converter System Corporation Information
7.5.2 Vacon Wind Power Converter System Product Portfolio
7.5.3 Vacon Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Vacon Main Business and Markets Served
7.5.5 Vacon Recent Developments/Updates
7.6 Schneider
7.6.1 Schneider Wind Power Converter System Corporation Information
7.6.2 Schneider Wind Power Converter System Product Portfolio
7.6.3 Schneider Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Schneider Main Business and Markets Served
7.6.5 Schneider Recent Developments/Updates
7.7 GE Power
7.7.1 GE Power Wind Power Converter System Corporation Information
7.7.2 GE Power Wind Power Converter System Product Portfolio
7.7.3 GE Power Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GE Power Main Business and Markets Served
7.7.5 GE Power Recent Developments/Updates
7.8 Switch
7.8.1 Switch Wind Power Converter System Corporation Information
7.8.2 Switch Wind Power Converter System Product Portfolio
7.8.3 Switch Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Switch Main Business and Markets Served
7.7.5 Switch Recent Developments/Updates
7.9 Woodward
7.9.1 Woodward Wind Power Converter System Corporation Information
7.9.2 Woodward Wind Power Converter System Product Portfolio
7.9.3 Woodward Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Woodward Main Business and Markets Served
7.9.5 Woodward Recent Developments/Updates
7.10 Ingeteam
7.10.1 Ingeteam Wind Power Converter System Corporation Information
7.10.2 Ingeteam Wind Power Converter System Product Portfolio
7.10.3 Ingeteam Wind Power Converter System Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Ingeteam Main Business and Markets Served
7.10.5 Ingeteam Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wind Power Converter System Industry Chain Analysis
8.2 Wind Power Converter System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wind Power Converter System Production Mode & Process
8.4 Wind Power Converter System Sales and Marketing
8.4.1 Wind Power Converter System Sales Channels
8.4.2 Wind Power Converter System Distributors
8.5 Wind Power Converter System Customers
9 Wind Power Converter System Market Dynamics
9.1 Wind Power Converter System Industry Trends
9.2 Wind Power Converter System Market Drivers
9.3 Wind Power Converter System Market Challenges
9.4 Wind Power Converter System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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