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Global Full Power Wind Turbine Converter Market Research Report 2025
Synopsis
Wind energy conversion systems (WECS) are designed to convert the energy of wind movement into mechanical power. With wind turbine generators, this mechanical energy is converted into electricity and in windmills this energy is used to do work such as pumping water, mill grains, or drive machinery.
Global Full Power Wind Turbine Converter market is projected to reach US$ 10130 million in 2029, increasing from US$ 7126.3 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Full Power Wind Turbine Converter market research.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Full Power Wind Turbine Converter market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ABB
AMSC Windtec
Alstom
Delta Electronics
Siemens
Emerson
Vacon
Schneider
Danfoss
Sungrow Power Supply
GE Power
The Switch
Woodward
Ingeteam
Nissens
Polwind
Northern Power Systems
WINDLifeTM
Senvion
SEMIKRON
Norvento
Segment by Type
Small Generator Converter
Giant Generator Converter
Segment by Application
Offshore Wind Power
Onshore Wind Power
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Full Power Wind Turbine Converter report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Wind energy conversion systems (WECS) are designed to convert the energy of wind movement into mechanical power. With wind turbine generators, this mechanical energy is converted into electricity and in windmills this energy is used to do work such as pumping water, mill grains, or drive machinery.
Global Full Power Wind Turbine Converter market is projected to reach US$ 10130 million in 2029, increasing from US$ 7126.3 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Full Power Wind Turbine Converter market research.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Full Power Wind Turbine Converter market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ABB
AMSC Windtec
Alstom
Delta Electronics
Siemens
Emerson
Vacon
Schneider
Danfoss
Sungrow Power Supply
GE Power
The Switch
Woodward
Ingeteam
Nissens
Polwind
Northern Power Systems
WINDLifeTM
Senvion
SEMIKRON
Norvento
Segment by Type
Small Generator Converter
Giant Generator Converter
Segment by Application
Offshore Wind Power
Onshore Wind Power
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Full Power Wind Turbine Converter report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Full Power Wind Turbine Converter Market Overview
1.1 Product Definition
1.2 Full Power Wind Turbine Converter Segment by Type
1.2.1 Global Full Power Wind Turbine Converter Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Small Generator Converter
1.2.3 Giant Generator Converter
1.3 Full Power Wind Turbine Converter Segment by Application
1.3.1 Global Full Power Wind Turbine Converter Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Offshore Wind Power
1.3.3 Onshore Wind Power
1.4 Global Market Growth Prospects
1.4.1 Global Full Power Wind Turbine Converter Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Full Power Wind Turbine Converter Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Full Power Wind Turbine Converter Production Estimates and Forecasts (2018-2029)
1.4.4 Global Full Power Wind Turbine Converter Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Full Power Wind Turbine Converter Production Market Share by Manufacturers (2018-2023)
2.2 Global Full Power Wind Turbine Converter Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Full Power Wind Turbine Converter, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Full Power Wind Turbine Converter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Full Power Wind Turbine Converter Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Full Power Wind Turbine Converter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Full Power Wind Turbine Converter, Product Offered and Application
2.8 Global Key Manufacturers of Full Power Wind Turbine Converter, Date of Enter into This Industry
2.9 Full Power Wind Turbine Converter Market Competitive Situation and Trends
2.9.1 Full Power Wind Turbine Converter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Full Power Wind Turbine Converter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Full Power Wind Turbine Converter Production by Region
3.1 Global Full Power Wind Turbine Converter Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Full Power Wind Turbine Converter Production Value by Region (2018-2029)
3.2.1 Global Full Power Wind Turbine Converter Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Full Power Wind Turbine Converter by Region (2024-2029)
3.3 Global Full Power Wind Turbine Converter Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Full Power Wind Turbine Converter Production by Region (2018-2029)
3.4.1 Global Full Power Wind Turbine Converter Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Full Power Wind Turbine Converter by Region (2024-2029)
3.5 Global Full Power Wind Turbine Converter Market Price Analysis by Region (2018-2023)
3.6 Global Full Power Wind Turbine Converter Production and Value, Year-over-Year Growth
3.6.1 North America Full Power Wind Turbine Converter Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Full Power Wind Turbine Converter Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Full Power Wind Turbine Converter Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Full Power Wind Turbine Converter Production Value Estimates and Forecasts (2018-2029)
4 Full Power Wind Turbine Converter Consumption by Region
4.1 Global Full Power Wind Turbine Converter Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Full Power Wind Turbine Converter Consumption by Region (2018-2029)
4.2.1 Global Full Power Wind Turbine Converter Consumption by Region (2018-2023)
4.2.2 Global Full Power Wind Turbine Converter Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Full Power Wind Turbine Converter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Full Power Wind Turbine Converter Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Full Power Wind Turbine Converter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Full Power Wind Turbine Converter Consumption by Country (2018-2029)
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 Full Power Wind Turbine Converter Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Full Power Wind Turbine Converter Consumption by Region (2018-2029)
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 Full Power Wind Turbine Converter Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Full Power Wind Turbine Converter Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Full Power Wind Turbine Converter Production by Type (2018-2029)
5.1.1 Global Full Power Wind Turbine Converter Production by Type (2018-2023)
5.1.2 Global Full Power Wind Turbine Converter Production by Type (2024-2029)
5.1.3 Global Full Power Wind Turbine Converter Production Market Share by Type (2018-2029)
5.2 Global Full Power Wind Turbine Converter Production Value by Type (2018-2029)
5.2.1 Global Full Power Wind Turbine Converter Production Value by Type (2018-2023)
5.2.2 Global Full Power Wind Turbine Converter Production Value by Type (2024-2029)
5.2.3 Global Full Power Wind Turbine Converter Production Value Market Share by Type (2018-2029)
5.3 Global Full Power Wind Turbine Converter Price by Type (2018-2029)
6 Segment by Application
6.1 Global Full Power Wind Turbine Converter Production by Application (2018-2029)
6.1.1 Global Full Power Wind Turbine Converter Production by Application (2018-2023)
6.1.2 Global Full Power Wind Turbine Converter Production by Application (2024-2029)
6.1.3 Global Full Power Wind Turbine Converter Production Market Share by Application (2018-2029)
6.2 Global Full Power Wind Turbine Converter Production Value by Application (2018-2029)
6.2.1 Global Full Power Wind Turbine Converter Production Value by Application (2018-2023)
6.2.2 Global Full Power Wind Turbine Converter Production Value by Application (2024-2029)
6.2.3 Global Full Power Wind Turbine Converter Production Value Market Share by Application (2018-2029)
6.3 Global Full Power Wind Turbine Converter Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Full Power Wind Turbine Converter Corporation Information
7.1.2 ABB Full Power Wind Turbine Converter Product Portfolio
7.1.3 ABB Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 AMSC Windtec
7.2.1 AMSC Windtec Full Power Wind Turbine Converter Corporation Information
7.2.2 AMSC Windtec Full Power Wind Turbine Converter Product Portfolio
7.2.3 AMSC Windtec Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.2.4 AMSC Windtec Main Business and Markets Served
7.2.5 AMSC Windtec Recent Developments/Updates
7.3 Alstom
7.3.1 Alstom Full Power Wind Turbine Converter Corporation Information
7.3.2 Alstom Full Power Wind Turbine Converter Product Portfolio
7.3.3 Alstom Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Alstom Main Business and Markets Served
7.3.5 Alstom Recent Developments/Updates
7.4 Delta Electronics
7.4.1 Delta Electronics Full Power Wind Turbine Converter Corporation Information
7.4.2 Delta Electronics Full Power Wind Turbine Converter Product Portfolio
7.4.3 Delta Electronics Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Delta Electronics Main Business and Markets Served
7.4.5 Delta Electronics Recent Developments/Updates
7.5 Siemens
7.5.1 Siemens Full Power Wind Turbine Converter Corporation Information
7.5.2 Siemens Full Power Wind Turbine Converter Product Portfolio
7.5.3 Siemens Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Siemens Main Business and Markets Served
7.5.5 Siemens Recent Developments/Updates
7.6 Emerson
7.6.1 Emerson Full Power Wind Turbine Converter Corporation Information
7.6.2 Emerson Full Power Wind Turbine Converter Product Portfolio
7.6.3 Emerson Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Emerson Main Business and Markets Served
7.6.5 Emerson Recent Developments/Updates
7.7 Vacon
7.7.1 Vacon Full Power Wind Turbine Converter Corporation Information
7.7.2 Vacon Full Power Wind Turbine Converter Product Portfolio
7.7.3 Vacon Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Vacon Main Business and Markets Served
7.7.5 Vacon Recent Developments/Updates
7.8 Schneider
7.8.1 Schneider Full Power Wind Turbine Converter Corporation Information
7.8.2 Schneider Full Power Wind Turbine Converter Product Portfolio
7.8.3 Schneider Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Schneider Main Business and Markets Served
7.7.5 Schneider Recent Developments/Updates
7.9 Danfoss
7.9.1 Danfoss Full Power Wind Turbine Converter Corporation Information
7.9.2 Danfoss Full Power Wind Turbine Converter Product Portfolio
7.9.3 Danfoss Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Danfoss Main Business and Markets Served
7.9.5 Danfoss Recent Developments/Updates
7.10 Sungrow Power Supply
7.10.1 Sungrow Power Supply Full Power Wind Turbine Converter Corporation Information
7.10.2 Sungrow Power Supply Full Power Wind Turbine Converter Product Portfolio
7.10.3 Sungrow Power Supply Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Sungrow Power Supply Main Business and Markets Served
7.10.5 Sungrow Power Supply Recent Developments/Updates
7.11 GE Power
7.11.1 GE Power Full Power Wind Turbine Converter Corporation Information
7.11.2 GE Power Full Power Wind Turbine Converter Product Portfolio
7.11.3 GE Power Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.11.4 GE Power Main Business and Markets Served
7.11.5 GE Power Recent Developments/Updates
7.12 The Switch
7.12.1 The Switch Full Power Wind Turbine Converter Corporation Information
7.12.2 The Switch Full Power Wind Turbine Converter Product Portfolio
7.12.3 The Switch Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.12.4 The Switch Main Business and Markets Served
7.12.5 The Switch Recent Developments/Updates
7.13 Woodward
7.13.1 Woodward Full Power Wind Turbine Converter Corporation Information
7.13.2 Woodward Full Power Wind Turbine Converter Product Portfolio
7.13.3 Woodward Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Woodward Main Business and Markets Served
7.13.5 Woodward Recent Developments/Updates
7.14 Ingeteam
7.14.1 Ingeteam Full Power Wind Turbine Converter Corporation Information
7.14.2 Ingeteam Full Power Wind Turbine Converter Product Portfolio
7.14.3 Ingeteam Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Ingeteam Main Business and Markets Served
7.14.5 Ingeteam Recent Developments/Updates
7.15 Nissens
7.15.1 Nissens Full Power Wind Turbine Converter Corporation Information
7.15.2 Nissens Full Power Wind Turbine Converter Product Portfolio
7.15.3 Nissens Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Nissens Main Business and Markets Served
7.15.5 Nissens Recent Developments/Updates
7.16 Polwind
7.16.1 Polwind Full Power Wind Turbine Converter Corporation Information
7.16.2 Polwind Full Power Wind Turbine Converter Product Portfolio
7.16.3 Polwind Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Polwind Main Business and Markets Served
7.16.5 Polwind Recent Developments/Updates
7.17 Northern Power Systems
7.17.1 Northern Power Systems Full Power Wind Turbine Converter Corporation Information
7.17.2 Northern Power Systems Full Power Wind Turbine Converter Product Portfolio
7.17.3 Northern Power Systems Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Northern Power Systems Main Business and Markets Served
7.17.5 Northern Power Systems Recent Developments/Updates
7.18 WINDLifeTM
7.18.1 WINDLifeTM Full Power Wind Turbine Converter Corporation Information
7.18.2 WINDLifeTM Full Power Wind Turbine Converter Product Portfolio
7.18.3 WINDLifeTM Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.18.4 WINDLifeTM Main Business and Markets Served
7.18.5 WINDLifeTM Recent Developments/Updates
7.19 Senvion
7.19.1 Senvion Full Power Wind Turbine Converter Corporation Information
7.19.2 Senvion Full Power Wind Turbine Converter Product Portfolio
7.19.3 Senvion Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.19.4 Senvion Main Business and Markets Served
7.19.5 Senvion Recent Developments/Updates
7.20 SEMIKRON
7.20.1 SEMIKRON Full Power Wind Turbine Converter Corporation Information
7.20.2 SEMIKRON Full Power Wind Turbine Converter Product Portfolio
7.20.3 SEMIKRON Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.20.4 SEMIKRON Main Business and Markets Served
7.20.5 SEMIKRON Recent Developments/Updates
7.21 Norvento
7.21.1 Norvento Full Power Wind Turbine Converter Corporation Information
7.21.2 Norvento Full Power Wind Turbine Converter Product Portfolio
7.21.3 Norvento Full Power Wind Turbine Converter Production, Value, Price and Gross Margin (2018-2023)
7.21.4 Norvento Main Business and Markets Served
7.21.5 Norvento Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Full Power Wind Turbine Converter Industry Chain Analysis
8.2 Full Power Wind Turbine Converter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Full Power Wind Turbine Converter Production Mode & Process
8.4 Full Power Wind Turbine Converter Sales and Marketing
8.4.1 Full Power Wind Turbine Converter Sales Channels
8.4.2 Full Power Wind Turbine Converter Distributors
8.5 Full Power Wind Turbine Converter Customers
9 Full Power Wind Turbine Converter Market Dynamics
9.1 Full Power Wind Turbine Converter Industry Trends
9.2 Full Power Wind Turbine Converter Market Drivers
9.3 Full Power Wind Turbine Converter Market Challenges
9.4 Full Power Wind Turbine Converter 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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