Demand for Clean Energy and Sustainability Drives Wind Turbine Control Market

Summary

Oct. 4, 2022 - Wind turbine controls can reduce the load on wind turbine components while capturing more wind energy and converting it into electricity. Control systems are essential for the reliable, efficient and safe functioning of wind turbines. ARC's research on the wind turbine control market covers hardware, software and services for wind turbine control (WTC) systems, which comprise the main controller, condition monitoring, power converter, pitch control, and yaw control systems.

Growing electricity consumption, emerging economies, investments in infrastructure, and a rising middle class population all lead to a growth in demand for electric power generation. To reduce the carbon footprint, several nations are resorting to the use of renewable sources, with wind as one of the integral sources of renewable power generation.
 
"After a year of complete uncertainty in 2020, where revenues dipped by mid-single digits for the wind turbine control market, 2021 witnessed a rise in demand for electric power from various industrial entities as the world recovered from the grip of the pandemic," according to Kiran Chavan, analyst and key author of ARC's Wind Turbine Control Systems Market Research Report. "In 2021, market revenues witnessed strong growth. The market will continue to expand after 2021 due to expected reasonable control over the COVID-19 pandemic, increasing demand for energy, desire for improving operational efficiencies, and the expansion of manufacturing capacities in emerging ASEAN economies."
 

Wind turbine control market trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Digital Wind Farms
• Direct Drive Technology 
• Future Is Renewables
• Intelligent Turbine Control Systems
• Split and Modular Blades

Leading suppliers to the wind turbine control market identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, ConverterTec, General Electric, Ingeteam, KK Wind Solutions.
 

About the wind turbine control research

The Wind Turbine Control Systems report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 1 year of historical analysis segmented by Revenue Category, Sales Channel, World Region, Customer Type, Yaw Control Systems, Power Converter Systems, Main Controller Platform, Control Systems, Blade Pitch Control Systems.
 
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 1 year of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

About ARC Advisory Group

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