Global Variable Speed Generator Market - Pune
Global Variable Speed Generator Market was valued at US$ 5.50 Bn in 2017 and is expected to reach US$ 9.80 Bn by 2026, at a CAGR of 7.49 % during a forecast period.
Variable speed generators are electronic devices proficient of offering the power source energy to change at optimal speeds. Its application in alternative energy producing systems can be used to improve its capacity.
A growing emphasis on alternative energy production, rising government mandates over energy efficiency, and rapid industrialization and urbanization are expected to boost the global variable speed generator market during the forecast period. Additionally, robust development in HVAC systems, an increasing need for renovation, modernization, and updating of outdated power infrastructure are the opportunities in the global variable speed generator market. Furthermore, disinclination to spend on distributed generation is limiting the market growth. An increasing number of applications in hybrid energy systems which can increase energy savings of industries can portend well for the market. Up gradation of power grids by replacing heirloom equipment in the face of the development of smart cities is expected to open up new opportunities for the market.
The Scope of the Report Global Variable Speed Generator Market
Global Variable Speed Generator Market, By Generator
• Variable Speed-Self Excited Induction Generator (SEIG)
• Doubly Fed Induction Generator (DFIG)
• Wound Rotor Induction Generator (WRIG)
• Permanent Magnet Synchronous Generator (PMSG)
Global Variable Speed Generator Market, By Technology
• Power Electronics Based Variable Speed Generator
• Mechanical Variable Speed Generator
Global Variable Speed Generator Market, By Power Rating
• Up To 100 kVA
• 100 kVA–1 MVA
• 1–25 MVA
• Above 25 MVA
Global Variable Speed Generator Market, By Prime Mover
• Wind Turbine
• Hydro Turbine
• Steam and Gas Turbine
• Internal Combustion Engine
Global Variable Speed Generator Market, By End User
• Renewable Power Generation
• Hydroelectric Power Generation
• Marine and Shipbuilding
• Oil & Gas and Mining
• Commercial
• Residential
• Others
Global Variable Speed Generator Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• General Electric Company.
• Innovus Power Inc.
• Cummins Inc.
• Himoinsa.
• WhisperPower B. V.
• Yanmar Co., Ltd.
• Generac Holdings Inc.
• Rolls-Royce Holding PLC.
• Wartsila Oyj Abp.
• Siemens
• Rolls Royce
• Wartsila
• Ausonia
• Atlas Copco
• Fischer Panda
• Whisper Power B.V.
For more information visit: https://www.maximizemarketresearch.com/market-report/global-variable-speed-generator-market/25070/
About company information-
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