Mar 4 2011
Research and Markets has declared the inclusion of a new report titled, ‘Global Power Electronics in Wind Turbine System Market 2010-2014,’ prepared by TechNavio.
The report is said to have been prepared by making a deep study of the market and by comparing the inputs received from the experts of the industry. The report presents a scenario about the current market and the vendors, the growth elements that induces growth in the market, the current trend and the restraining factors that hinders the growth.
The report makes an in-depth study about the power electronics in the wind turbine systems market all over the world. It also presents the details about the top line vendors of the wind energy market. According to the report, the wind energy market witnesses an annual growth of 30% since 2009 and is anticipated to grow further. While the European countries lead the installation among the Europe, the Middle East and Africa (EMRA) countries, the countries in Asia, Pacific and Japan (APAC) region are growing quickly offering a stiff competition to the European segment. While the increased grid efficiency and improved technology are considered as important factors for the growth, the high priced power electronic components posses a serious threat to the market growth.
The report details the current worldwide market for power electronics for wind turbine systems. It provides the total installed capacity of the worldwide wind power market with geographical segmentation. It details the market share held by leading wind turbine power electronics producers such as Semikron, Vestas, enercon, American Superconductor and GE Wind Energy.