Abstract
Wind turbine technology is the fastest developing renewable technology. The
increasing concerns towards depletion of non-renewable sources and development
of innovative cost efficient technologies for the use of renewable energy
sources are the driving factors for using wind energy for power generation.
Power electronics enable the wind turbine systems to perform like a power
plant, as this not only increases the performance but also increases the real
power produced. Earlier, 30 percent of wind turbines used power electronics
which has now increased to above 80 percent. Power electronics have changed
the basic characteristics of wind turbines; making it an active power source
from energy source. Moreover, decline in the price of power electronic devices
has led to an increase in the demand for power electronics in wind turbines.
The report forecasts the size of Global Power Electronics in Wind Turbine
System Market over the period 2008-2011. The report talks about the drivers
for Global Power Electronics in Wind Turbine Systems and elaborates the key
trends of this market. Further, it highlights the key challenges faced by the
Global Power Electronics in the Wind Turbine System Market and also profiles
some of the key vendors of this market.
TechNavio Insights is a set of reports based on TechNavio - a market
intelligence platform for the IT industry. It builds on the intelligence
available within TechNavio, and leverages on the custom research experience of
the ' Technology Navigators' . TechNavio is built on years of experience of
Infiniti Research in deep dive custom research and consulting for over 30
Fortune 500 companies and numerous large and mid-sized companies.
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