DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/38s3kp/china_wind_power) has announced the addition of the "China Wind Power Converter Industry Report, 2014-2016" report to their offering.
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.
Key Topics Covered:
1. Overview of Wind Power Converter Industry
2. Development of China Wind Power Converter Industry
3. Raw Materials Market
4. China's Wind Power Installation
5. Major Global Wind Power Converter Manufacturers
6. Major Chinese Wind Power Converter Manufacturers
7. Summary and Forecast
For more information visit http://www.researchandmarkets.com/research/38s3kp/china_wind_power
Source: Research and Markets