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Synchronous Generator Market Share

Report ID: GMI7300
Published Date: Jun 2024
Report Format: PDF

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Synchronous Generator Market Share

Synchronous Generator Company Market Share Analysis, 2023

Elin Motoren specializes in high-quality electric motors and generators, including synchronous generators. These generators are renowned for their robust construction, efficiency, and reliability in various industrial applications. The company design to deliver optimal performance with minimal maintenance, featuring advanced technology for improved power factor correction, voltage regulation, and efficiency. They are used in power plants, renewable energy systems, and other critical power applications, where precise control and stable power supply are essential. Its commitment to innovation and quality ensures that their synchronous generators meet stringent industry standards and customer requirements, making them a preferred choice in the market.

Synchronous Generator Market Companies

The key industry players include:

ABB
Alconz
ANDRITZ
Ansaldo Energia
CG Power & Industrial Solutions Ltd.
Elin Motoren
EvoTec Power Generation Co., Ltd.
Ingeteam
Jeumont Electric
MARELLI MOTORI
Mecc Alte SpA
MEIDENSHA CORPORATION
MENZEL ELEKTROMOTOREN
Nidec
PARTZSCH Group
POWERTEC GENERATOR SYSTEM INC.
Schneider Electric
Siemens
TD Power Systems Limited
TMEIC
WEG
Wolong Electric Group Co., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of synchronous generator was worth USD 6.4 billion in 2023 and is projected to expand at 4.7% CAGR from 2024 to 2032, led by the growing emphasis on energy efficiency along with increasing demand for reliable and efficient infrastructure development.

The reciprocating engine prime mover segment in the synchronous generator industry is projected to surpass USD 3 billion by 2032, on account of the surging demand for reliable and efficient power solutions.

The single-phase segment in the synchronous generator industry is estimated to grow at over 4% CAGR between 2024 and 2032, led by the increasing integration of captive generating stations to meet the electricity needs of industrial establishments.

Asia Pacific synchronous generator market is estimated to surpass USD 2.8 billion by 2032, driven by the heightened emphasis on energy efficiency and stringent regulations mandating the use of efficient products.