Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
A pitch control system is a mechanism used to control the angle or pitch of the blades of a wind turbine. The pitch of the blades determines the amount of wind energy that is captured and converted into electricity by the turbine. By adjusting the pitch of the blades, the pitch control system can optimize the amount of energy that is generated by the turbine, while also protecting it from damage due to excessive wind speeds. The pitch control system market in China is likely to register a CAGR of over 1.29% with an incremental growth of USD 39.1 million during the forecast period 2023-2029.
This industry report offers market estimates of the China market, followed by a detailed analysis of the rated power, voltage, and type. The China market data on pitch control system can be segmented by rated power: 1.5MW-1.9MW, 2.0MW-2.9MW, 3.0MW or more. Among these, the 2.0MW-2.9MW segment was accounted for the highest revenue generator in 2022. Pitch control system market is further segmented by voltage: high-voltage pitch systems, low-voltage pitch systems. High-voltage pitch systems held the largest share in the China pitch control system market in 2022 and is projected to portray the fastest growth rate in the coming years. Based on type, the pitch control system market is segmented into: offshore, onshore. Onshore held the highest share in the China pitch control system market. However, the offshore segment is forecast to register the highest CAGR during the forecast period 2023 - 2029.
The key players in the pitch control system market include Beijing Corona Science &Technology Co. Ltd., China Nature Energy Technology Holdings Limited, Shenhua Guoneng Group Co. Ltd., Zhejiang Hi-Tech Renewable Energy Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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