2012-12-12 06:23:15 - Global Power Electronics in Wind Turbine System Market 2008-2011 - a new market research report on companiesandmarkets.com
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.
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