According to the International Energy Agency, renewable energy is expected to make up 30 percent of the world‘s energy by 2024, and most of this is driven by solar and wind projects that continue to be rolled out at a startling pace. Wind turbine control systems are essential for the reliable, efficient, and safe functioning of wind turbines. Wind turbine controls can reduce loads on wind turbine components while capturing more wind energy and converting it into electricity. ARC Advisory Group’s new market forecast report on wind turbine control systems (WTC) covers hardware, software, and services for WTCs, which comprise the main controller, condition monitoring, power converter, pitch control, and yaw control systems.
"Wind turbine control system suppliers continue to update their product portfolios with better technology that reduces the wind turbine cost of ownership by increasing power conversion efficiency, reducing maintenance costs, reducing downtime with increased reliability and better diagnostics, reducing footprint with compact design, and improving turbine operation with comprehensive algorithms and advanced condition monitoring techniques. Historically, wind turbine control systems technology advancements helped reduce the power generation cost per unit to levels that are more competitive relative to the cost of electricity generated by more traditional methods, especially when the other “soft” benefits of wind power are considered," according to Eapen Jacob, Market Analyst and key author of ARC's Wind Turbine Control System Market Research Report.
Wind Turbine Control Systems 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 Systems 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, General Electric, Ingeteam, KK Wind Solutions, Woodward.
About the Wind Turbine Control System Research
The Wind Turbine Control System 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 for the following segmentations: World Region, Sales Channel, Revenue Category, Yaw Control Systems, Power Converter Systems, Main Controller Platform, Customer Type, 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.
- 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.