Publish Date
The Wind Turbines Control Systems Market Research Study delivers current market analysis plus a five year market and technology forecast.
Wind Turbine Growth Spurred by Low Prices and the Need to Reduce CO2 Emissions
This global market research study covers hardware, software, and services for wind turbine control systems (WTC), which comprise the main controller, condition monitoring, power converter, pitch control, and yaw control systems.
In 2015, the wind turbine control systems market declined marginally. In contrast, unit shipments grew at a good pace. The worldwide wind power installations in 2015 alone increased the cumulative power generation capacity by 17 percent from 369 GW to 432.9 GW. Thus, the wind turbine control revenue decline is attributable to the decline in cost of wind turbine control subsystems, streamlined designs, and higher capacity wind turbines.
New markets in Latin America, Asia, Middle East and Africa are giving a new push for wind energy.
Though the annual wind energy capacities are growing at a good pace in new markets, the wind turbine control systems’ market performance in terms of revenue is directly related to macro-economic trends, changes in governments, and states’ policies by regions, and countries. Also, as volumes continue to grow the unit prices continue to fall, and ARC believes that this scenario is likely to continue in coming years.
Wind Turbine Market Strategic Issues
The wind turbines control systems market is diverse, with each region having its own barriers and growth drivers. This study provides an in-depth analysis of the market by control system category and geographic region. It also provides insightful analysis of key issues that will affect this market in the future. Strategic questions answered include:
- What are the key market, technology trends, and drivers in wind energy?
- How can suppliers increase their value proposition?
- Which wind turbine control categories are growing the fastest?
- Which regions offer the greatest growth opportunities?
- What is the impact of digitization, analytics, and Industrial Internet of Things (IIoT)?
Wind Turbine Control Systems Market Study Formats and Editions Available
This market study may be purchased as an Excel Workbook and/or as a PDF File. The Workbook has some unique features such as the ability to view data in local currency. Regional studies include country and industry market data. Country studies include market trends and industry data. Studies and formats available are listed below:
| MIRA Workbook | PDF File | |
|---|---|---|
| Worldwide (includes regional data) | Yes | Yes |
| North America (includes country data) | No | No |
| Latin America (includes country data) | No | No |
| Europe, Middle East, Africa (includes country data) | No | No |
| Asia (includes country data) | No | No |
| Country Profiles (includes Country Data) | No | Yes |
Countries included in each region.
Table of contents for these studies is shown in the following paragraphs.
Worldwide Research Focus Areas
Worldwide Research Focus Areas
Strategic Analysis
- Major Trends
- Industry Trends
- Regional Trends
- Strategies for Success
Competitive Analysis
- Market Shares of the Leading Suppliers
- Market Shares by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Market Shares by Revenue Category
- Hardware
- Software
- Services
- Market Shares by System Type
- Main Controller
- Condition Monitoring
- Power Converter
- Blade Pitch Control
- Yaw Control
Market Forecast Analysis
- Total Wind Turbine Control Systems Business
- Shipments by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Shipments by Revenue Category
- Hardware
- Software
- Services
- Shipments by System Type
- Main Controller
- Condition Monitoring
- Power Converter
- Blade Pitch Control
- Yaw Control
- Unit Shipments by System Type
- Shipments by Sales Channel
- Shipments by Customer Type
- Shipments of Main Controller Platforms by Type
- Shipments of Power Converter Systems by Size
- Shipments of Blade Pitch Control Systems by Type
- Shipments of Yaw Control Systems by Type
Industry Participants
Profiles for the major suppliers servicing this market are included.