세계의 파워 일렉트로닉스 풍력 터빈 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 기술별, 용도별, 컴포넌트별, 지역별, 경쟁별(2020-2030년)

The Power Electronics Wind Turbine Market was valued at USD 9.26 Billion in 2024 and is expected to reach USD 13.41 Billion by 2030 with a CAGR of 6.21%. The Power Electronics Wind Turbine Market refers to the segment of the wind energy industry that focuses on the use of advanced power electronic systems and components to manage, convert, and control the electrical power generated by wind turbines. These systems are integral to ensuring efficient operation, grid compatibility, and optimal performance of wind energy systems. Power electronics in wind turbines typically include converters, inverters, rectifiers, and control units that manage the variable output from the wind turbine generator and convert it into a stable form suitable for transmission and distribution.

As wind energy generation is inherently variable due to fluctuating wind speeds, power electronics play a critical role in regulating voltage and frequency, enhancing power quality, and ensuring compliance with grid codes. In both onshore and offshore installations, power electronic technologies enable features such as fault ride-through capability, reactive power support, and grid stabilization, which are essential for large-scale integration of wind energy into national power grids. The market encompasses various types of wind turbine technologies, including fixed-speed and variable-speed systems, with the latter gaining widespread adoption due to their ability to optimize energy output and efficiency.

Key Market Drivers

Increasing Global Demand for Renewable Energy Integration into Power Grids

The global push toward clean energy and the transition from fossil fuels to renewables have significantly boosted the demand for wind energy, directly propelling the growth of the power electronics wind turbine market. As countries strive to meet ambitious carbon neutrality goals and reduce greenhouse gas emissions, wind energy has emerged as a key solution for sustainable electricity generation. Wind turbines, both onshore and offshore, are being installed at an accelerating pace to contribute to national and regional energy mixes. Power electronics are critical in converting the variable output of wind turbines into grid-compatible electricity.

These components ensure efficient voltage and frequency regulation, improved system stability, and high power quality, enabling seamless integration into national grids. With rising renewable energy penetration, grid operators are increasingly reliant on advanced power electronics for reactive power control, fault ride-through capability, and dynamic voltage support to maintain grid reliability. Additionally, as the share of intermittent renewable sources like wind grows, there is a heightened need for power electronics that enable real-time control and digital monitoring, which further ensures secure and stable energy supply. Emerging markets, especially in Asia Pacific, Latin America, and parts of Africa, are also seeing a surge in wind energy investments driven by electrification initiatives and grid expansion efforts, creating a substantial market for power electronics.

The growing emphasis on decentralized and hybrid power systems, where wind energy is integrated with solar and battery storage, further amplifies the demand for sophisticated power electronic converters and controllers. Furthermore, the electrification of sectors such as transport and industry adds to the urgency for reliable renewable energy sources, making wind energy projects more critical and driving the adoption of efficient power electronics solutions.

The continued expansion of renewable portfolios by utility companies, independent power producers (IPPs), and government agencies reinforces the relevance of power electronics in enabling high-performance, grid-connected wind turbine systems. This widespread trend is not just limited to new installations-retrofitting existing turbines with modern power electronics to improve their output and connectivity is becoming a growing market segment. As these developments unfold, the role of power electronics in shaping a sustainable, resilient, and responsive power infrastructure becomes central, driving its strong growth trajectory within the wind turbine sector. Over 80% of new electricity capacity added globally comes from renewable sources. Global renewable energy capacity is expected to exceed 5,000 GW by 2030. More than 70 countries are actively investing in grid modernization for renewable integration. Smart grid investments are growing at a CAGR of over 9% globally. Wind and solar energy account for nearly 75% of annual renewable additions worldwide. By 2040, over 60% of global power generation is projected to come from renewables. Global transmission and distribution infrastructure investments are expected to surpass $300 billion annually to support renewable integration.

Key Market Challenges

High Cost and Complexity of Power Electronics Integration in Wind Turbines

One of the primary challenges facing the power electronics wind turbine market is the high cost and technical complexity associated with integrating advanced power electronic systems into wind turbine designs. Modern wind turbines rely heavily on power electronics to convert and control variable-frequency output from generators into stable grid-compatible electricity. However, incorporating these systems-such as inverters, converters, and controllers-requires substantial investment in sophisticated components and engineering expertise.

These components must withstand harsh operating conditions, including temperature fluctuations, high humidity, vibration, and dust, which increases the demand for ruggedized, high-reliability designs. The cost of developing and deploying such systems can be prohibitive, particularly for smaller wind farm developers or projects in emerging markets with limited capital. In addition to the upfront costs, there are significant expenses related to ongoing maintenance, spare parts availability, and the need for specialized technicians to ensure operational efficiency and reduce downtime. Moreover, as wind turbines become larger and more complex, especially in offshore applications, the scale and sensitivity of the power electronic systems increase, demanding even more advanced thermal management, fault detection, and grid compliance mechanisms.

These requirements can escalate the total cost of ownership and reduce the overall economic viability of certain wind power projects. Furthermore, integrating power electronics into the turbine's control architecture often presents compatibility challenges with existing grid infrastructure, especially in regions where grid modernization lags. This can result in synchronization issues, power quality disturbances, or failure to meet stringent grid codes, leading to additional investment in grid-friendly technologies or grid reinforcement. Regulatory compliance also adds to the burden, as developers must ensure that the integrated systems adhere to evolving technical standards and certification requirements across multiple jurisdictions. Collectively, these cost and complexity issues not only impact the profitability of wind energy projects but also act as a barrier to wider adoption of power electronics in certain segments of the global wind turbine market, potentially slowing the pace of renewable energy transition.

Key Market Trends

Integration of High Voltage Power Electronics for Large-Scale Wind Turbines

A key trend reshaping the power electronics wind turbine market is the growing integration of high-voltage power electronic systems to support large-scale wind turbines and offshore wind farms. As the global wind energy sector shifts toward higher capacity installations, there is an increasing demand for turbines rated above 10 MW, particularly in offshore environments. These massive turbines require highly efficient power conversion, conditioning, and grid integration capabilities, which has led to the accelerated adoption of high-voltage power electronics such as IGBT (Insulated Gate Bipolar Transistor) and SiC (Silicon Carbide)-based converters.

These components are essential for handling larger current loads and reducing energy losses, thus optimizing the overall power output of the turbine. High-voltage systems also enable the use of longer transmission distances with minimal losses, making them ideal for offshore projects located far from the mainland grid. The use of high-voltage direct current (HVDC) systems is becoming more prevalent in this regard, as they allow for more efficient transmission of large amounts of wind-generated electricity over long distances. Moreover, high-voltage power electronics contribute to reduced weight and size of nacelle components by improving power density, which is especially crucial for offshore turbines where maintenance and logistical costs are high.

This trend is also driving innovation in cooling technologies and modular converter design, as manufacturers aim to ensure the reliability and durability of systems operating in harsh marine environments. With the global offshore wind capacity forecasted to expand significantly over the coming years, the demand for advanced high-voltage power electronics solutions is expected to follow suit, creating new business opportunities for manufacturers, system integrators, and technology providers. Additionally, governments are supporting large-scale offshore projects through subsidies and auction schemes, further encouraging the deployment of high-capacity turbines and associated high-voltage electronics. As this trend continues, suppliers are increasingly focused on developing compact, efficient, and robust converter systems to meet the unique performance, safety, and cost requirements of large-scale wind applications.

The push for renewable energy security and decarbonization of power generation globally is likely to sustain this trend, with Asia Pacific and Europe emerging as leading regions in the deployment of high-voltage wind energy systems. The shift toward high-capacity turbines not only enhances energy output but also contributes to reducing the levelized cost of electricity (LCOE), further accelerating the adoption of wind energy as a mainstream power source. In response, OEMs are expanding R&D investments to deliver next-generation power electronics that enable higher efficiency, smarter control, and greater reliability for future wind turbine systems.

Key Market Players

• ABB Ltd.
• Siemens Energy
• General Electric (GE) Renewable Energy
• Mitsubishi Electric Corporation
• Danfoss A/S
• Schneider Electric SE
• Infineon Technologies AG
• Hitachi Energy
• Emerson Electric Co.
• Yaskawa Electric Corporation

Report Scope:

In this report, the Global Power Electronics Wind Turbine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Power Electronics Wind Turbine Market, By Technology:

• Voltage Source Converter
• Matrix Converter
• Current Source Converter
• Integrated Power Electronics

Power Electronics Wind Turbine Market, By Application:

• Onshore Wind Turbines
• Offshore Wind Turbines
• Distributed Wind Systems

Power Electronics Wind Turbine Market, By Component:

• Inverters
• Converters
• Controllers
• Sensors

Power Electronics Wind Turbine Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Power Electronics Wind Turbine Market.

Available Customizations:

Global Power Electronics Wind Turbine Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional Market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
• 1.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Formulation of the Scope
• 2.4. Assumptions and Limitations
• 2.5. Sources of Research
  • 2.5.1. Secondary Research
  • 2.5.2. Primary Research
• 2.6. Approach for the Market Study
  • 2.6.1. The Bottom-Up Approach
  • 2.6.2. The Top-Down Approach
• 2.7. Methodology Followed for Calculation of Market Size & Market Shares
• 2.8. Forecasting Methodology
  • 2.8.1. Data Triangulation & Validation

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Power Electronics Wind Turbine Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Technology (Voltage Source Converter, Matrix Converter, Current Source Converter, Integrated Power Electronics)
  • 5.2.2. By Application (Onshore Wind Turbines, Offshore Wind Turbines, Distributed Wind Systems)
  • 5.2.3. By Component (Inverters, Converters, Controllers, Sensors)
  • 5.2.4. By Region
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Power Electronics Wind Turbine Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Technology
  • 6.2.2. By Application
  • 6.2.3. By Component
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Power Electronics Wind Turbine Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Technology
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By Component
  • 6.3.2. Canada Power Electronics Wind Turbine Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Technology
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By Component
  • 6.3.3. Mexico Power Electronics Wind Turbine Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Technology
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By Component

7. Europe Power Electronics Wind Turbine Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Technology
  • 7.2.2. By Application
  • 7.2.3. By Component
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Power Electronics Wind Turbine Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Technology
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Component
  • 7.3.2. United Kingdom Power Electronics Wind Turbine Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Technology
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Component
  • 7.3.3. Italy Power Electronics Wind Turbine Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Technology
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Component
  • 7.3.4. France Power Electronics Wind Turbine Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Technology
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Component
  • 7.3.5. Spain Power Electronics Wind Turbine Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Technology
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Component

8. Asia-Pacific Power Electronics Wind Turbine Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Technology
  • 8.2.2. By Application
  • 8.2.3. By Component
  • 8.2.4. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Power Electronics Wind Turbine Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Technology
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Component
  • 8.3.2. India Power Electronics Wind Turbine Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Technology
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Component
  • 8.3.3. Japan Power Electronics Wind Turbine Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Technology
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Component
  • 8.3.4. South Korea Power Electronics Wind Turbine Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Technology
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Component
  • 8.3.5. Australia Power Electronics Wind Turbine Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Technology
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Component

9. South America Power Electronics Wind Turbine Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Technology
  • 9.2.2. By Application
  • 9.2.3. By Component
  • 9.2.4. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Power Electronics Wind Turbine Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Technology
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Component
  • 9.3.2. Argentina Power Electronics Wind Turbine Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Technology
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Component
  • 9.3.3. Colombia Power Electronics Wind Turbine Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Technology
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Component

10. Middle East and Africa Power Electronics Wind Turbine Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Technology
  • 10.2.2. By Application
  • 10.2.3. By Component
  • 10.2.4. By Country
• 10.3. Middle East and Africa: Country Analysis
  • 10.3.1. South Africa Power Electronics Wind Turbine Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Technology
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Component
  • 10.3.2. Saudi Arabia Power Electronics Wind Turbine Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Technology
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Component
  • 10.3.3. UAE Power Electronics Wind Turbine Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Technology
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Component
  • 10.3.4. Kuwait Power Electronics Wind Turbine Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Technology
      • 10.3.4.2.2. By Application
      • 10.3.4.2.3. By Component
  • 10.3.5. Turkey Power Electronics Wind Turbine Market Outlook
    • 10.3.5.1. Market Size & Forecast
      • 10.3.5.1.1. By Value
    • 10.3.5.2. Market Share & Forecast
      • 10.3.5.2.1. By Technology
      • 10.3.5.2.2. By Application
      • 10.3.5.2.3. By Component

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. ABB Ltd.
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel/Key Contact Person
  • 13.1.5. Key Product/Services Offered
• 13.2. Siemens Energy
• 13.3. General Electric (GE) Renewable Energy
• 13.4. Mitsubishi Electric Corporation
• 13.5. Danfoss A/S
• 13.6. Schneider Electric SE
• 13.7. Infineon Technologies AG
• 13.8. Hitachi Energy
• 13.9. Emerson Electric Co.
• 13.10. Yaskawa Electric Corporation

14. Strategic Recommendations

15. About Us & Disclaimer