風力発電コンバーターシステム市場レポート：2031年までの動向、予測、競合分析

世界の風力発電コンバーターシステム市場の将来は、洋上風力発電と陸上風力発電市場に機会がありそうです。世界の風力発電コンバータシステム市場は、2025年から2031年にかけてCAGR 7.4%で成長すると予想されています。この市場の主な促進要因は、再生可能エネルギー需要の高まり、風力タービンの設置台数の増加、技術進歩の増加です。

• Lucintel社の予測によると、タイプ別では、洋上風力発電プロジェクトの増加により、フルパワーが予測期間中に高い成長を遂げる見込みです。
• 用途別では、深海での投資増加や生産能力拡大により、洋上風力発電が高い成長を遂げると予想されます。
• 地域別では、欧州が再生可能エネルギー技術の採用拡大により予測期間中に最も高い成長が見込まれています。

風力発電コンバーターシステム市場の新たな動向

風力発電コンバーターシステム市場では、エネルギー効率向上のための技術革新が奨励されており、この分野の新たな新興動向につながっています。風力発電システムは、再生可能エネルギーへのニーズが高まるにつれて変貌を遂げ、より大きな課題につながっています。以下は、業界を変革しつつある5つの主要動向です：

• エネルギー貯蔵システムの利用：エネルギー貯蔵システムは現在、風力発電コンバーターシステムと共に広く利用されています。エネルギーが豊富な風力発電の多い時間帯にバッテリーを充電し、需要のピーク時に放電することで、電力不足を防ぐことができます。風力エネルギーの需給が変化する中で、このアプローチはエネルギー供給の柔軟性と安定性を高めることができます。これらの要因により、ハイブリッド・エネルギー・システムの開発が促進され、送電網における風力エネルギーの信頼性が高まります。
• 洋上風力エネルギーの拡大：洋上風力発電所は、米国、ドイツ、日本で重要な開発分野として脚光を浴び始めています。このようなシステムで使用される風力発電コンバーター技術は、風と潮流がより不安定な超深海用に設計され、テストされなければなりません。洋上風力発電所が拡大するにつれ、より経済的で信頼性の高い持続可能なエネルギー・システムの進歩が、エネルギー生産量の増加には不可欠となります。このことは、洋上セクターのコンバータメーカーに新たな展望をもたらすと予想されます。
• 再生可能エネルギー源のスマートグリッドへの統合：スマートグリッドは、風力発電コンバーターシステムをますます取り込むようになっています。このような近代化には、エネルギー消費と生産、需要と供給の両方に対応するために必要な、電力変換プロセスの通信と自動化の能力が必要です。この技術により、風力発電所で生産されたエネルギーを国や地域の送電網でより効果的に利用できるようになり、送電網のバランスを整え、エネルギー損失を最小限に抑えることができます。送電網の近代化が進めば進むほど、よりフレキシブルで洗練された新しいタイプの風力発電コンバーターの必要性が高まると思われます。
• 技術向上による経費削減：費用の削減は、風力発電コンバーターシステム市場における主要な目的のひとつです。風力発電の利用拡大が、風力発電コンバーターシステムの開発に対する市場の需要を高めているようです。より効率的な半導体材料と最新のパワーエレクトロニクス・コンポーネントは、費用対効果の高いコンバーターの大きな可能性を秘めています。規模や性能の最適化については、風力エネルギーの生産コストが下がることが予想され、風力発電の利用がさらに競合優位になると思われます。
• 風力発電システム用超電導体と合金の開発：同様に、風力発電コンバーターシステム用の新素材や部品の使用も顕著に増加しています。超伝導体、より強く軽い合金、より強く耐久性のある半導体の近代化によって、風力発電コンバーターシステムの信頼性と効率が高まっています。これらの材料は、コンバーターが高容量領域で動作することを可能にすると同時に、長期間にわたって過酷な環境条件に耐えることを可能にしています。これは、再生可能エネルギー供給の要件を満たす風力発電マイクロ・コンバータ・システムにおける最先端の動向です。

こうした新たな開発動向は、エネルギー貯蔵、洋上設置、スマートグリッド、コスト緩和、材料科学における独創的なアプローチを促すことで、風力発電コンバーターシステム市場に変革をもたらしつつあります。多くの国々では、持続可能な現代的成長と国の再生可能エネルギー・ポートフォリオの増加に焦点が移りつつあります。こうした動向は、風力発電の成長を維持するために極めて重要です。これらの目的を達成するためには、より近代的で効率的な風力発電コンバーターシステムの採用が不可欠であり、これにより世界中の風力発電システムの性能が向上し続けることになります。

風力発電コンバーターシステム市場の最近の動向

風力発電コンバーターシステム業界では、再生可能エネルギー業界をシフトさせるいくつかの重要な技術革新が見られます。これらの変化は、世界の持続可能エネルギー開発と技術進歩へのコミットメントを示しています。以下のイノベーションがマーケットプレースの拡大を引き起こしています：

• 電力変換効率の向上：最新の風力セクターを利用する超高効率風力エネルギー・コンバータの新たな開発は、風力発電システムの費用対効果を達成する上で重要なステップです。パワーエレクトロニクスの新たな開発により、風力タービンの有効性を高めると同時に、変換プロセスにおけるエネルギー保持を改善することで、コンバータの性能に著しい改善が見られます。このステップは、風力エネルギーをさらに活用し、他の再生可能エネルギー源に比べてますます有利にするために不可欠です。
• パワーエレクトロニクスと風力タービンのインターフェース：最新のパワーエレクトロニクスは、風力タービンの性能と統合性を高め、風力発電コンバーターシステムの安定性を向上させました。パワーエレクトロニクスは、エネルギー管理活動の効率的な制御を保証し、さまざまな条件下で風力タービンの運転効率を向上させます。この開発により、風況が変化する中でより効率的にエネルギーを供給する風力発電システムの能力が向上し、電力システムにおける風力エネルギーの利用が強化されます。
• ウインドファーム用先進洋上風力コンバータ・パワーシステム：洋上風力発電所の配備が進むにつれて、洋上専用のコンバータ・システムの開発が進んでいます。これらのシステムは、深海やより厳しい気象条件がもたらす課題に対応する必要があるため、オフショアに特化したものとなっています。洋上風力発電コンバーターシステムの改良と革新が、特に米国、ドイツ、日本における洋上風力エネルギー資源の成長を促進することは間違いありません。
• エネルギー貯蔵の統合：風力発電の出力を平準化するのに役立つため、風力発電コンバーターシステムに関してエネルギー貯蔵システムと統合する価値が高まっています。例えばバッテリーは、風力発電のエネルギーが需要を上回ったときに、グリッドから余剰エネルギーを回収し、必要なときにそのエネルギーを排出することができます。この技術革新により、送電網における風力発電所のエネルギー回収レベルが大幅に改善され、その信頼性が向上します。統合エネルギー貯蔵システムは、将来的に風力エネルギーの持続可能な開発を保証するものと期待されています。
• コスト削減への取り組み：風力発電コンバーターシステムのコスト削減も非常に有効です。新素材の導入、製造やパワーエレクトロニクスの制御・処理における新技術の導入により、風力コンバータの価格は低下しています。これにより、風力エネルギーを他のエネルギー源よりも多く利用することが可能になり、同時にクリーン・エネルギーの成長を支えています。風力発電コンバーターシステムの設置容量が増加するにつれて、先進国と新興諸国の両方から電力が得られるようになると予想されます。

風力発電コンバーターシステム市場で進行中の変化は、こうした新たな市場開拓によって後押しされています。エネルギー貯蔵との統合による電力の統合、コスト削減、洋上風力開発、電力変換効率の向上はすべて、市場の競争力を高め、持続可能性を高めることに貢献しています。これらの進歩は、風力エネルギーが世界のエネルギー転換の中心であり続けることを確実にし、将来の再生可能エネルギー産業の基盤技術としての風力発電コンバーターシステムの円滑な発展を保証します。

目次

第1章 エグゼクティブサマリー

第2章 世界の風力発電システム市場：市場力学

• イントロダクション、背景、分類
• サプライチェーン
• 業界の促進要因と課題

第3章 2019年から2031年までの市場動向と予測分析

• マクロ経済動向（2019～2024年）と予測（2025～2031年）
• 世界の風力発電コンバーターシステム市場の動向（2019～2024年）と予測（2025～2031年）
• 世界の風力発電コンバーターシステム市場：タイプ別
  • 二重給電
  • フルパワー
• 世界の風力発電コンバーターシステム市場：用途別
  • 洋上風力発電
  • 陸上風力発電

第4章 2019年から2031年までの地域別市場動向と予測分析

• 世界の風力発電コンバーターシステム市場：地域別
• 北米の風力発電コンバーターシステム市場
• 欧州の風力発電コンバーターシステム市場
• アジア太平洋地域の風力発電コンバーターシステム市場
• その他地域の風力発電コンバーターシステム市場

第5章 競合分析

• 製品ポートフォリオ分析
• 運用統合
• ポーターのファイブフォース分析

第6章 成長機会と戦略分析

• 成長機会分析
  • 世界の風力発電コンバーターシステム市場における成長機会：タイプ別
  • 世界の風力発電コンバーターシステム市場における成長機会：用途別
  • 世界の風力発電コンバーターシステム市場における成長機会：地域別
• 世界の風力発電コンバーターシステム市場における新たな動向
• 戦略分析
  • 新製品開発
  • 世界の風力発電システム市場の能力拡大
  • 世界の風力発電コンバーターシステム市場における合併、買収、合弁事業
  • 認証とライセンシング

第7章 主要企業の企業プロファイル

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

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