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Published on : Jan 11, 2017

ALBANY, NY, Jan 11, 2017: Owing to the devastating effect of fossil fuels on the environment and their depleting reserves across the globe, the focus on renewable energy resources such as wind, water, and sun for power generation has significantly increased in the past few years. The report, titled “Global Wind Power Converter Market Research Report 2016,” gives a thorough overview of the present state of one of the supporting technologies in the wind power market - wind power converters.

The report gives a detailed analysis of the market with the help of qualitative as well as quantitative data pertaining to the key segments of the market. The market is examined on regional as well as global levels and details predictions related to market’s growth in terms of revenue (US$ mn/bn) and volume (thousand/mn/bn units) are included in the report. The report also gives a thorough overview of the regulatory obligations across key regional markets and their expected influence on the overall development of the market across these regions.

The report examines the market and its growth prospects in the near future across regional markets such as North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Factors such as drivers, restraints, trends, and opportunities across these regions are examined in depth and the regions with the most promising growth prospects are highlighted.

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Encouraging regulations and government initiatives across regions such as Europe, North America, and Asia Pacific, initiated with the aim of supporting developments across renewable power industries are examined in great details. Present leaders in the wind energy market, such as China and many European countries, owing to the remarkable rise in installed wind power capacities in the past few years and highly conducive regulatory framework are analyzed to present before the reader the scope of growth in these regions.

The report presents a thorough overview of the competitive and vendor landscape of the global wind power converter market. With the help of Porter’s five forces analysis of the competitive landscape of the market, a thorough overview of the degree of competition in the market, bargaining power of key suppliers, bargaining power of buyers, threat of substitutes, and threat of new entrants is presented in the report.

The report also includes detailed business profiles and recent developments of some of the key companies operating in the global wind power converter market. Notable vendors in the market profiled in the report include Northern Power Systems, Siemens, Woodward, Ingeteam, Infineon, Vacon, Dalian Guotong Electric, Beijing Techwin Electric, REnergy Electric Tianjin, Guodian Longyuan Electrical, Shanghai Electric Power Electronics, Shenzhen Hopewind Electric, and XJ Group.

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