Market Overview:
The global doubly fed wind converter market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources across the globe. Additionally, government initiatives and regulations supporting the deployment of renewable energy are also fueling the growth of this market. The global doubly fed wind converter market is segmented on the basis of type, application, and region. On the basis of type, it is divided into air-cooled and liquid-cooled converters. Air-cooled converters are more popular than liquid-cooled ones as they are less expensive and easier to maintain. On the basis of application, it is classified into land and marine applications. Land applications accounted for a larger share in 2017 owing to higher installations in countries such as China, India, Germany, Spain etc., However; marine applications are expected to grow at a higher rate duringthe forecast period due rising demand from countries such as Japanand South Korea .Regionally speaking; North America held majority share in 2017 followed by Europe .
Product Definition:
A doubly fed induction converter (DFIG) is a type of electrical machine used to convert variable-speed AC electrical power into fixed-frequency, three-phase AC electricity. It does this by using two rotors with differently pitched windings that are connected together via an inverter.
Air-cooled:
Air-cooled is a heat exchanger that is used to remove the heat from an engine. The most common application of air-cooled unit is in reciprocating engines which are used for industrial purposes. Air-cooled unit can be segmented into two types including surface condenser and jet condenser, depending upon the way it works. In case of surface condenser, there are no moving parts; hence it's called as a cold plate machine.
Liquid-cooled:
The liquid-cooled turbine is a type of wind power generator, which uses moving fluid to generate electricity. The fluid used in these turbines is usually water but can be any other cooling agent as well. It is installed between the main shaft and the generator where it flows through both sides of the generator and then returns to its source.
Application Insights:
The land application segment accounted for the largest share of over 70% in 2017. The air-cooled doubly fed wind converter is widely used in land applications owing to its low cost and easy installation. Land applications are prevalent across various industries such as offshore, oil & gas, and power generation.
The marine application segment is expected to witness the fastest CAGR of XX% from 2018 to 2030 due to rising demand for large capacity turbines from countries such as China, Japan, South Korea, Taiwan and Australia among others which have been investing heavily in renewable energy sources including solar photovoltaic panels and windmills. These types of converters are also used on ships that travel through stormy weather conditions since they can withstand heavy rains without getting damaged or worn out easily compared with other types of FDWCs that use air cooling only (liquid-cooled).
Regional Analysis:
Europe was the leading regional market in 2017 and is anticipated to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with stringent regulations by various environmental agencies, such as ECHA, are some factors expected to drive the market growth. In addition, increasing offshore wind power projects in countries such as Germany and U.K., is projected to further propel industry expansion over the next eight years.
Asia Pacific is estimated to be one of the fastest-growing regions owing to growing installations of renewable energy infrastructure across several countries including China, Japan, South Korea & India.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting renewable energy sources over traditional ones
- Rising prices of fossil fuels which makes wind power more economical
- Technological advancements making wind turbines more efficient
- Growing awareness about the benefits of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Doubly Fed Wind Converter Market Research Report
By Type
Air-cooled, Liquid-cooled
By Application
Land, Marine
By Companies
Sungrow, ABB, Delta, Schneider Electric, Siemens, GE, Emerson, Shenzhen Hopewind, CRRC Times Elec, Zhejiang HRV Electric, Hite New Source Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Doubly Fed Wind Converter Market Report Segments:
The global Doubly Fed Wind Converter market is segmented on the basis of:
Types
Air-cooled, Liquid-cooled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Land, Marine
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sungrow
- ABB
- Delta
- Schneider Electric
- Siemens
- GE
- Emerson
- Shenzhen Hopewind
- CRRC Times Elec
- Zhejiang HRV Electric
- Hite New Source Energy
Highlights of The Doubly Fed Wind Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air-cooled
- Liquid-cooled
- By Application:
- Land
- Marine
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Doubly Fed Wind Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Doubly Fed Wind Converter is a device that can be used to convert wind power into two forms of energy, such as electricity and heat. This type of converter is beneficial because it allows for more efficient use of wind power, which can help reduce environmental impact.
Some of the major players in the doubly fed wind converter market are Sungrow, ABB, Delta, Schneider Electric, Siemens, GE, Emerson, Shenzhen Hopewind, CRRC Times Elec, Zhejiang HRV Electric, Hite New Source Energy.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Doubly Fed Wind Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Doubly Fed Wind Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Doubly Fed Wind Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Doubly Fed Wind Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Doubly Fed Wind Converter Market Size & Forecast, 2020-2028
4.5.1 Doubly Fed Wind Converter Market Size and Y-o-Y Growth
4.5.2 Doubly Fed Wind Converter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Air-cooled
5.2.2 Liquid-cooled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Land
6.2.2 Marine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Doubly Fed Wind Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Doubly Fed Wind Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Air-cooled
9.6.2 Liquid-cooled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Land
9.10.2 Marine
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Air-cooled
10.6.2 Liquid-cooled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Land
10.10.2 Marine
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Air-cooled
11.6.2 Liquid-cooled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Land
11.10.2 Marine
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Air-cooled
12.6.2 Liquid-cooled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Land
12.10.2 Marine
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Air-cooled
13.6.2 Liquid-cooled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Land
13.10.2 Marine
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Doubly Fed Wind Converter Market: Competitive Dashboard
14.2 Global Doubly Fed Wind Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sungrow
14.3.2 ABB
14.3.3 Delta
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 GE
14.3.7 Emerson
14.3.8 Shenzhen Hopewind
14.3.9 CRRC Times Elec
14.3.10 Zhejiang HRV Electric
14.3.11 Hite New Source Energy
