China Wind Power Converter Industry Report, 2014-2016
- Hard Copy
- Single User License
- Enterprise-wide License
(PDF Printable & Editable)
- Hard Copy + Single User License
China now has become the world’s largest and the fastest-growing wind power generation market. In 2013, China had a cumulative 91.4GW of wind power capacity, of which 16.1GW was newly-added capacity, accounting for 46.1% of the world’s newly installed capacity and ranking No. 1 globally. The surge in wind power installations has driven the development of China wind power converter market, which was worth around RMB 18.8 billion in 2013, soaring by 44.6% from a year earlier.
As a core part of wind turbine, one set of wind power converter is needed to support one set of wind turbine. Calculated by installed capacity of 1.5MW for each set of wind turbine, about 10,726 sets of converters were needed in China in 2013, rising by 26.8% from a year earlier. China’s wind power converter output has continued to increase along with the growing demand, arriving at 10,000 sets or so in 2013, up 23.5% year on year.
China’s domestic wind power converter manufacturers started late on the business. By the end of 2013, foreign players dominated about 95% of China wind power converter market, with ABB, Converteam, AMSC and Emerson being the leaders. Domestic Chinese companies chiefly involve Beijing Corona, Sungrow Power, Hopewind, Zhuzhou CSR Times Electric and Qharvest. At the end of 2013, Sungrow Power, Hopewind and Zhuzhou CSR Times Electric had wind power converter capacity of 1,000 sets/a each.
Wind power converter is one of few parts with low localization rate in Chinese wind power equipment industry. Driven by import substitution policies and high profitability of the industry, local Chinese manufacturers are stepping up efforts to develop products, and will gain more market share as technical barriers of wind power converter are broken one after another.
Wind power converter consists mainly of power component, control device, general component, power electric component, metal material and electric wire. Various power and electronic devices (including power component, control device) are major components of wind power converter, accounting for 50%-55% of the total cost, of which IGBT makes up about 10%; power electric components includes main transformer and high/low voltage switch, occupying 30%-40% of its cost; the remaining 5% or so is held by various materials and structural parts.
According to Development Plan for Renewable Energy during the 12th Five-Year Plan Period by National Energy Administration, it is expected that China’s installed capacity of wind power will reach 150 GW by 2020, accounting for 4%-6% of the world’s total wind power installations. Calculated based on 1.5MW for one set of wind turbine, the demand for wind power converter is estimated to stay above 8000 sets/a in China during 2014-2016.
China Wind Power Converter Industry Report, 2014-2016 by ResearchInChina foucuses on the following:
Development status quo of China wind power converter industry, including market size, supply and demand, competitive landscape, policy environment and forecast for the next three years;
Market Profile of raw materials for wind power converter in China, covering cost structure of raw materials and IGBT and relay markets;
Introduction to China’s wind capacity market, invloving installed capacity of wind power, market share, import and export, and competitive landscape;
Operation, development in China and wind power converter business of 7 global and 15 Chinese wind power converter manufacturers.
1. Overview of Wind Power Converter Industry
1.2 Classification and Application
1.3 Process Flow
1.4 Development Trend
2. Development of China Wind Power Converter Industry
2.1 Market Size
2.4 Policy Environment
2.5 Competitive Landscape
3. Raw Materials Market
3.1 Raw Materials of Wind Power Converter
3.2 IGBT Market
3.2.1 Market Size
3.2.2 Competitive Landscape
3.3 Relay Market
3.3.1 Market Size
3.3.2 Market Structure
3.3.3 Competitive Landscape
4. China’s Wind Power Installation
4.1 Installed Wind Power Capacity
4.2 Market Structure
4.3 Import and Export
4.4 Competitive Landscape
5. Major Global Wind Power Converter Manufacturers
5.1.3 Revenue Structure
5.1.4 Business in China
5.2.3 Revenue Structure
5.2.4 Business in China
5.3.3 Revenue Structure
5.3.4 Business in China
5.4.3 Business in China
5.5.3 Revenue Structure
5.5.4 Business in China
5.6.3 Revenue Structure
5.6.4 Business in China
5.7 Schneider Electric SA
5.7.3 Revenue Structure
5.7.4 Business in China
6. Major Chinese Wind Power Converter Manufacturers
6.1 Sungrow Power Supply Co. Ltd.
6.1.3 Revenue Structure
6.1.4 Gross Margin
6.1.5 Wind Power Converter Business
6.1.6 Forecast and Outlook
6.2 Harbin Jiuzhou Electric Co., Ltd.
6.2.3 Revenue Structure
6.2.4 Gross Margin
6.2.5 Wind Power Converter Business
6.2.6 Forecast and Outlook
6.3 Beijing Corona Science & Technology Co., Ltd.
6.3.2 Wind Power Converter Business
6.4 Rongxin Power Electronic Co., Ltd.
6.4.3 Revenue Structure
6.4.4 Gross Margin
6.4.5 Wind Power Converter Business
6.4.6 Forecast and Outlook
6.5 China Longyuan Power Group Corporation Ltd.
6.5.3 Revenue Structure
6.5.4 Gross Margin
6.5.5 Wind Power Converter Business
6.5.6 Forecast and Outlook
6.6 Shanghai Hi-tech Control System Co., Ltd.
6.6.3 Revenue Structure
6.6.4 Gross Margin
6.6.5 Wind Power Converter Business
6.6.6 Forecast and Outlook
6.7 Shenzhen Hopewind Electric Co., Ltd.
6.7.3 Wind Power Converter Business
6.8 Chino-Harvest Wind Power Technology Co., Ltd.
6.9 Zhuzhou CSR Times Electric Co., Ltd.
6.9.3 Revenue Structure
6.9.4 Gross Margin
6.9.5 Wind Power Converter Business
6.9.6 Forecast and Outlook
6.10 Shenzhen Clou Electronics Co., Ltd.
6.10.3 Revenue Structure
6.10.4 Gross Margin
6.10.5 Wind Power Converter Business
6.10.6 Forecast and Outlook
6.11 Daqo Group
6.11.3 Wind Power Converter Business
6.12 Beijing Nego Automation Technology Co., Ltd.
6.12.2 Wind Power Converter Business
6.13 XJ Group Corporation
6.13.2 Wind Power Converter Business
6.14 Shandong Xinfenguang Electronic Technology Co., Ltd.
6.15 Dongfang Hitachi (Chengdu) Electric Control Equipments Co., Ltd.
7. Summary and Forecast
Application of Wind Power Converter
Application Sketch Map of Double-fed Wind Power Converter
Application Sketch Map of Full Power Wind Power Converter
Process Flow Diagram of Wind Power Converter
China’s Wind Power Converter Market Size, 2008-2013
China’s Wind Power Converter Output, 2009-2013
China’s Wind Power Converter Demand, 2006-2013
China’s Laws, Regulations and Policies Concerning Wind Power Converter, 2006-2014
Share of China Wind Power Converter Market, 2013
Capacity and Planning of Wind Power Converter Manufacturers in China, 2013
Main Raw Materials of Wind Power Converter
Cost Structure of Wind Power Converter, 2013
Global IGBT Market Size, 2008-2014
Global IGBT Market Share, 2012
Global Relay Market Size, 2006-2016E
China Relay Market Size, 2006-2016E
Structure of Global Relay Market by Sector, 2013
China Relay Market Share, 2013
Global Wind Power Installed Capacity, 2006-2013
China Wind Power Installed Capacity, 2006-2013
Market Share of Complete Wind Turbine Models in China, 2013
China’s Wind Turbine Export, 2007-2013
China’s Wind Turbine Export by Manufacturer, 2013
Market Share of China Wind Power Installations, 2013
Revenue and Net Income of ABB, 2009-2014
Revenue Structure of ABB by Sector, 2013
Business Distribution of ABB in China, by 2013
Revenue and Net Income of AMSC, FY2009- FY2013
Revenue of AMSC by Sector, FY2012- FY2013
Revenue of AMSC by Region, FY2011- FY2013
Revenue and Net Income of Siemens, FY2009- FY2013
Orders and Revenue of Siemens by Region, FY2012-FY2013
Revenue and YoY Growth Rate of Siemens in China, FY2009- FY2013
Converteam’s Global Business, 2011
Sales and Net Income of Emerson, FY2009-FY2013
Sales Structure of Emerson by Product, FY2013
Information about China Office of Emerson Network Energy
Revenue and Net Income of Vacon, 2009-2013
Revenue of Vacon by Region, 2013
Revenue and Net Income of Schneider Elecrtic, 2009-2013
Revenue Structure of Schneider Elecrtic by Region, 2013
Revenue and YoY Growth Rate of Schneider Elecrtic in China, 2009-2013
Revenue and Net Income of Sungrow Power, 2010-2014
Operating Revenue of Sungrow Power by Product, 2011-2013
Operating Revenue of Sungrow Power by Region, 2011-2013
Gross Margin of Sungrow Power by Product, 2011-2013
Wind Power Converter Shipment of Sungrow Power, 2011-2013
Revenue and Net Income of Sungrow Power, 2011-2016E
Revenue and Net Income of Harbin Jiuzhou Electric, 2009-2014
Operating Revenue of Harbin Jiuzhou Electric by Product, 2011-2013
Operating Revenue of Harbin Jiuzhou Electric by Region, 2011-2013
Gross Margin of Harbin Jiuzhou Electric by Product, 2011-2013
Revenue and Net Income of Harbin Jiuzhou Electric, 2011-2016E
Revenue and Net Income of Rongxin Power Electronic, 2009-2014
Operating Revenue of Rongxin Power Electronic by Product, 2011-2013
Operating Revenue of Rongxin Power Electronic by Region, 2011-2013
Gross Margin of Rongxin Power Electronic by Product, 2011-2013
Revenue and Net Income of Rongxin Power Electronic, 2011-2016E
Revenue and Net Income of Longyuan Power, 2009-2014
Revenue Structure of Longyuan Power by Business, 2013
Gross Margin of Longyuan Power, 2009-2013
Revenue and Net Income of Longyuan Power, 2011-2016E
Revenue and Net Income of Shanghai Hi-tech Control System, 2009-2014
Operating Revenue of Shanghai Hi-tech Control System by Product, 2011-2013
Operating Revenue of Shanghai Hi-tech Control System by Region, 2011-2013
Gross Margin of Shanghai Hi-tech Control System by Product, 2011-2013
Gross Margin of Shanghai Hi-tech Control System by Region, 2011-2013
Revenue and Net Income of Shanghai Hi-tech Control System, 2011-2016E
Revenue and Net Income of Zhuzhou CSR Times Electric, 2009-2014
Revenue of Zhuzhou CSR Times Electric by Product, 2011-2013
Gross Margin of Zhuzhou CSR Times Electric, 2009-2014
Revenue and Net Income of Zhuzhou CSR Times Electric, 2009-2016E
Revenue and Net Income of Shenzhen Clou Electronics, 2009-2014
Operating Revenue of Shenzhen Clou Electronics by Product, 2012-2013
Operating Revenue of Shenzhen Clou Electronics by Region, 2011-2013
Gross Margin of Shenzhen Clou Electronics, 2009-2014
Revenue and Net Income of Shenzhen Clou Electronics, 2011-2016E
Sales of Daqo Group, 2009-2012
Wind Power Converter Products of Beijing Nego Automation Technology, 2013
China’s Wind Power Converter Demand, 2006-2016E
CITIC GUOAN Mengguli Research Report, 2014
CITIC GUOAN Mengguli (MGL for short) mainly involves R & D, production and sales of lithium-ion secondary battery key materials and high-energy-density lithium secondary battery. At present, it is...
China Aviation Lithium Battery Co., Ltd. Research Report, 2014
China Aviation Lithium Battery Co., Ltd. (CALB) is a high-tech and new energy company with registered capital of RMB867 million and over 1600 employees. It is jointly invested and established by Aviat...
China Energy Storage for Grid System Industry Report, 2014-2017
Energy storage has a wide range of applications in electric power system, involving all aspects of power generation, transmission, distribution and end user. The energy storage technologies for grid s...
China Wind Farm Operation & Maintenance (O&M) Industry Report, 2014-2016
Global wind farm operations and maintenance (O&M) market size had increased progressively year after year during 2008-2013, attaining to USD 7.35 billion in 2013, and is predicted to reach USD 9.84 bi...
China Biodiesel Industry Report, 2014-2017
Biodiesel refers to a renewable diesel fuel made from oil crops, animal fats, food waste oil that can substitute petroleum diesel and has environmental protection, safety, renewability and other advan...
China Wind Power Converter Industry Report, 2014-2016
China now has become the world’s largest and the fastest-growing wind power generation market. In 2013, China had a cumulative 91.4GW of wind power capacity, of which 16.1GW was newly-added capacity, ...
China Filling Station And Refueling Station Industry Report,2013-2016
By the end of 2012, China has had a total of 96,313 filling stations, an increase of 875 or up 0.92% compared to 2011, including 51,854 SOE filling stations (53.8% of the total), 42,425 private fillin...
China Natural Gas and Shale Gas Industry Report, 2012-2015
Natural gas consists of conventional natural gas and unconventional natural gas. Shale gas is included in unconventional natural gas. Compared with conventional natural gas, shale gas is featured with...
China Wind Power Equipment and Parts Industry Report, 2011-2012
The flying capacity expansion of wind power equipment manufacturers in recent years has caused increasingly intense competition; in 2011, Chinese wind power equipment manufacturers witnessed decline i...
China Smart Grid Equipment Segmented Market Report, 2010-2011
According to the plan of State Grid Corporation of China (SGCC), 2011-2015 will be dedicated to all-round promotion of smart grid construction. But in fact, 2011 only saw expansion of pilot implementa...
China Natural Gas and Coalbed Methane Industry Report, 2011
In 2010, the output of natural gas grew steadily in China, and the volume of natural gas and liquefied natural gas (LNG) imported from Central Asia continued to increase, as a result, the resource sup...
China Energy Industry Statistics, 2009-2010
This report presents major operation indicators of China’s energy industry, energy consumption of major industries as well as energy import and export in recent years, involving over 120 charts which ...
China Clean Energy Industry Report, 2009-2010
Clean energy refers to the energy that doesn’t discharge pollutants, mainly including nuclear energy, hydropower, wind power, solar power, bio-energy (biogas), and tidal energy. At present, China's en...
China Nuclear Power Industry Report, 2009-2010
As of Apr.2010, there had been 438 nuclear power units in operation all over the world, 52 nuclear power units under construction, and 143 units planned to be built in the future. Till Apr.2010, the g...
China Wind Power Equipment and Parts Industry Report, 2009-2010
In 2009, 10,129 sets of wind turbines were installed, totaling 13,803.2 MW, up 124% over the previous year. By the end of 2009, China’s total installed wind turbines reached 21,544, amounting to 25,80...
China Waste Heat Utilization Equipment Industry Report, 2009-2010
Fueled by national policies relevant to energy conservation and emission reduction as well as the improvement of energy utilization efficiency, China’s waste heat utilization equipment industry has de...
China Electric Power Industry Report, 2009-2010
China’s electric power industry made rapid progression in 2009 under the drive of investment and macro-policy. The investment into the electric power infrastructure topped RMB755.84 billion in 2009, u...
China Coal Industry Report, 2010Q1
The coal price fluctuates to some extent every January and February due to seasonal factors, but the fluctuation in 2010 as yet is sharper than the past years. The coal price increased considerably mo...