Darnell Projects $7.6 Billion Market for Power Electronics in Distributed Generation
Darnell Group Inc. announced publication of its latest report, "Distributed and Cogeneration Volume II – Power Electronics: Worldwide Forecasts, Application Trends & Competitive Environment." This second edition, 184-page report provides a detailed and in-depth examination of the trends driving the power electronics market in a variety of distributed and cogeneration technologies.
Given the rebound in the global economy and the increasing demand for reliable electric power, the projected growth in the DCG power electronics market through 2011 should be more vigorous and consistent than over the past several years. The worldwide dollar market for distributed and cogeneration power electronics, including inverters, variable frequency converters and static transfer switches, is projected to grow from $3.7 billion in 2006 to $7.6 billion in 2011, a compounded annual growth rate of 15.4%. Darnell's DCG Power Electronics study looks at several questions, including (1) What regions will see the fastest growth? (2) What applications are the most likely to incorporate power electronics into its technology? (3) In what wattage ranges are power electronics expected to see the most growth?
The report provides detailed, quantitative, worldwide and regional unit forecasts for North America, Europe and Asia. In each region, the report examines the market dynamics driving each technology, the applications most likely to use power electronics, and the wattage and amperes breakdown for each technology. The forecast data are provided in numerous formats, along with over 100 tables and graphs.
Distributed and Cogeneration (DCG) technology, including gas turbines, gensets, microturbines, wind turbines, variable speed generators, photovoltaics and fuel cells, has been gaining momentum for quite some time now. The combination of continued growth, the reductions of greenhouse gas emissions, new and innovative technologies and the need for reliable power should provide the ideal environment for growth of power electronics in the distributed and cogeneration industry. Over the next several years and into the next decade, the importance of power electronics in the DCG industry is expected to grow tremendously and be the primary facilitator of future DCG applications.
The report also analyzes the competitive environment in this market, including profiles of over 20 leading power electronics manufacturers. Additionally, the report provides market share for the top manufacturers in each region. More information is available at http://www.darnell.com/consulting/study.php?mc_id=28.
