Press release
Doubly-Fed Induction Generator Market worth $1.85 billion by 2030, growing at a CAGR of 5.66% - Exclusive Report by 360iResearch
Doubly-Fed Induction Generator Market | 360iResearch
The Global Doubly-Fed Induction Generator Market to grow from USD 1.26 billion in 2023 to USD 1.85 billion by 2030, at a CAGR of 5.66%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/doubly-fed-induction-generator?utm_source=openpr&utm_medium=referral&utm_campaign=sample
The Doubly-Fed Induction Generator (DFIG) is a type of electrical generator predominantly used in wind turbines. It features a unique design that allows for variable speed operation, which is essential for efficiently harnessing wind energy. Additionally, DFIGs have beneficial grid support characteristics, including fault ride-through capability and the provision of reactive power, which can help stabilize the grid. They are popular in the wind energy industry due to their cost-effectiveness, energy efficiency, and grid-friendly features. The global initiatives to promote renewable energy sources boost demand for wind turbines, indirectly propelling the market for DFIGs. In addition, the financial incentives and favorable government policies for green energy developments stimulate market expansion. However, high initial investment costs and developing full-converter-based generators and direct drive systems pose a competitive threat to DFIGs. Furthermore, there are advancements in offshore wind power projects, where high-capacity DFIGs can increase efficiency and lower energy costs. Research on materials science to discover better magnetic and electrical properties for parts can offer significant growth opportunities for the market.
In the Americas, particularly the United States and Canada, the wind energy sector is growing due to policy support and increasing renewable energy targets. Consumers in these regions seek advanced technology solutions to enhance efficiency and reduce operational costs, influencing purchasing behavior for DFIGs. Recent patents in the US focus on improving efficiency and reducing costs, indicating a trend toward innovation in the field. The market for DFIGs in the EMEA region is influenced largely by EU countries pioneering in wind energy and the Middle East and African countries where the market is emerging due to the need for renewable energy sources to meet the increasing energy demand. EU countries have long been at the forefront of adopting renewable energy technologies. With advanced infrastructure, constant research, and governmental initiatives, the market for DFIGs is well-established. Despite the region's rich hydrocarbon resources, there is an increasing awareness and shift towards renewable energy. Countries, including Saudi Arabia and the UAE, are investing in large-scale renewable projects, including wind energy, which could increase the demand for DFIGs. The Asia Pacific region has seen a significant increase in demand for renewable energy sources, including wind power, which has positively impacted the demand for Doubly-Fed Induction Generators (DFIGs). China, a prominent region in wind turbine installation, has a substantial influence on the DFIG market. Other countries such as India and Japan are also increasing their investments in wind energy, further boosting the market growth.
Market Segmentation & Coverage:
This research report categorizes the Doubly-Fed Induction Generator Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across 1.5 MW, 2.0 MW, and 3.0 MW. The 3.0 MW is projected to witness significant market share during forecast period.
Based on Application, market is studied across Coastal Region and Inland City. The Inland City is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.78% in 2023, followed by Americas.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/doubly-fed-induction-generator?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Doubly-Fed Induction Generator Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Doubly-Fed Induction Generator Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Doubly-Fed Induction Generator Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Adani Energy Solutions Ltd, CRRC Zhuzhou Electric Co.,ltd, Flender, General Electric Company, Hitachi Energy Ltd., Infineon Technologies AG, Shanghai Electric Power Co., Ltd., Siemens AG, Suzlon Energy Limited, TD Power Systems, XEMC Darwind B.V., Xinjiang Goldwind Science & Technology Co., Ltd., and Yalong Intelligent Equipment Group Co.,Ltd.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Doubly-Fed Induction Generator Market, by Type
7. Doubly-Fed Induction Generator Market, by Application
8. Americas Doubly-Fed Induction Generator Market
9. Asia-Pacific Doubly-Fed Induction Generator Market
10. Europe, Middle East & Africa Doubly-Fed Induction Generator Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Doubly-Fed Induction Generator Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Doubly-Fed Induction Generator Market?
3. What is the competitive strategic window for opportunities in the Doubly-Fed Induction Generator Market?
4. What are the technology trends and regulatory frameworks in the Doubly-Fed Induction Generator Market?
5. What is the market share of the leading vendors in the Doubly-Fed Induction Generator Market?
6. What modes and strategic moves are considered suitable for entering the Doubly-Fed Induction Generator Market?
Read More @ https://www.360iresearch.com/library/intelligence/doubly-fed-induction-generator?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Doubly-Fed Induction Generator Market worth $1.85 billion by 2030, growing at a CAGR of 5.66% - Exclusive Report by 360iResearch here
News-ID: 3417839 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Induction
Core Type Induction Furnace Market Current Scenario and Future Prospects | Globa …
Global Core Type Induction Furnace Market Outlook 2025-2033: Rising Demand and Key Trends:
The latest research study by Infinity Business Insights, titled 'Global Core Type Induction Furnace Market,' offers 142+ pages of in-depth analysis on business strategies adopted by key and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding various segments is crucial for identifying the factors that drive market growth. Some…
Induction Heat Treatment Solution for Wind Market Size in 2023 To 2029 | Shiyan …
The Induction Heat Treatment Solution for Wind Industry market report is a valuable resource for clients who wish to forecast investments in emerging markets, expand their market share, or introduce new products. By utilizing established tools and techniques, the report offers a comprehensive and simplified analysis of the multifaceted market. With clear and understandable data presented through the use of graphs and charts, the report is a reliable marketing tool.…
Induction Furnace Melting Aluminum
The induction melting furnace working principle is that the power supply device converts the power frequency 50HZ alternating current into the medium frequency (from 300HZ to 1000HZ), converts the three-phase power frequency alternating current into the direct current after rectification, and then converts the direct current into the adjustable medium frequency current, supplies the medium frequency alternating current flowing through the capacitor and the induction coil, generates high-density magnetic lines…
Global High Frequency Induction Heating Machine Market 2019 - Inductotherm Group …
This new report by Eon Market Research, titled “Global High Frequency Induction Heating Machine Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of High Frequency Induction Heating Machine industry at a global as well as regional and country level. Key facts analyzed in this report include the High Frequency Induction Heating Machine market size by players, regions, product types and end industries, history data 2014-2018 and forecast…
Induction Furnace Market Foraying into Emerging Economies 2018 to 2028(Based on …
Induction Furnace Market: Introduction
Induction furnace is an electrical furnace in which the heat is generated by induction heat of the metal. Induction capacities range from less than one kilogram to one hundred tonnes, and widely used to melt iron, steel, copper, aluminium and precious metal. The main advantage of the induction furnace is a clean, energy-efficient and well-controllable melting process compared to most other means of metal melting.
Induction Furnace Market:…
Global Induction Furnace Transformers Market Analysis & Outlook 2018-2025 | Kita …
Qyresearchreports include new market research report Global Induction Furnace Transformers Market Insights,Forecast to 2025 to its huge collection of research reports.
Induction Furnace Transformers are used to supply power to an induction furnace, which lowers the high voltage to the lower voltage required for induction furnace applications.
The Induction Furnace Transformers market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a…
