North America Industrial Low-voltage Alternator Market Size, Share & Trends Analysis Report By Type , By Application (Electricity, Telecommunication, Marine, and Others) By Country and Growth Forecast, 2023 - 2030
Description
North America Industrial Low-voltage Alternator Market Size, Share & Trends Analysis Report By Type , By Application (Electricity, Telecommunication, Marine, and Others) By Country and Growth Forecast, 2023 - 2030
The North America Industrial Low-voltage Alternator Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
The US market dominated the North America Industrial Low-voltage Alternator Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $641.5 Million by 2030. The Canada market is experiencing a CAGR of 10.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.4% during (2023 - 2030).
A dependable and consistent power supply is essential to ensure uninterrupted production processes, machinery operation, and critical system functionality. Among the key components facilitating this vital function are low-voltage alternators. These devices serve a vital function in transforming mechanical energy into electrical power, supplying a dependable electricity supply to operate industrial machinery, processes, and equipment.
The versatility and adaptability of low-voltage alternators make them indispensable across various industries, each with unique power generation requirements and operational challenges. In manufacturing facilities, low-voltage alternators power many machineries and equipment, including conveyor systems, CNC machines, industrial robots, and assembly lines. These alternators ensure continuous and reliable electricity supply, enabling seamless production processes and maximizing operational efficiency.
As Mexico continues to increase its renewable energy capacity, there is a need to integrate these intermittent energy sources into the existing electricity grid. Low-voltage alternators are of paramount importance as they provide ancillary services, sustain grid stability, and guarantee the consistent functioning of the electrical grid in situations where renewable energy sources are unreliable or experience fluctuations. Hence, the rising renewable energy and telecommunication sectors in North America will help in the growth of the regional market.
Based on Type, the market is segmented into Three Phase Industrial Low-voltage Alternator and Single-Phase Industrial Low-voltage Alternator. Based on Application, the market is segmented into Electricity, Telecommunication, Marine, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Cummins, Inc.
- Nidec Corporation
- Pedrollo Group Srl
- ENGGA (Yangjiang) Electric Co., Ltd.
- ABB Group
- DINGOL Pwoer Generation
- Taiyo Electric Co., Ltd.
- Evotec SE
- Shangyan Power Technology Jiangsu Co., Ltd
- Regal Rexnord Corporation
By Type
- Three Phase Industrial Low-voltage Alternator
- Single Phase Industrial Low-voltage Alternator
- Electricity
- Telecommunication
- Marine
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
106 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Industrial Low-voltage Alternator Market, by Type
- 1.4.2 North America Industrial Low-voltage Alternator Market, by Application
- 1.4.3 North America Industrial Low-voltage Alternator Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. North America Industrial Low-voltage Alternator Market by Type
- 4.1 North America Three Phase Industrial Low-voltage Alternator Market by Country
- 4.2 North America Single Phase Industrial Low-voltage Alternator Market by Country
- Chapter 5. North America Industrial Low-voltage Alternator Market by Application
- 5.1 North America Electricity Market by Country
- 5.2 North America Telecommunication Market by Country
- 5.3 North America Marine Market by Country
- 5.4 North America Others Market by Country
- Chapter 6. North America Industrial Low-voltage Alternator Market by Country
- 6.1 US Industrial Low-voltage Alternator Market
- 6.1.1 US Industrial Low-voltage Alternator Market by Type
- 6.1.2 US Industrial Low-voltage Alternator Market by Application
- 6.2 Canada Industrial Low-voltage Alternator Market
- 6.2.1 Canada Industrial Low-voltage Alternator Market by Type
- 6.2.2 Canada Industrial Low-voltage Alternator Market by Application
- 6.3 Mexico Industrial Low-voltage Alternator Market
- 6.3.1 Mexico Industrial Low-voltage Alternator Market by Type
- 6.3.2 Mexico Industrial Low-voltage Alternator Market by Application
- 6.4 Rest of North America Industrial Low-voltage Alternator Market
- 6.4.1 Rest of North America Industrial Low-voltage Alternator Market by Type
- 6.4.2 Rest of North America Industrial Low-voltage Alternator Market by Application
- Chapter 7. Company Profiles
- 7.1 Cummins, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional & Segmental Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Product Launches and Product Expansions:
- 7.1.6 SWOT Analysis
- 7.2 Nidec Corporation
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Product Launches and Product Expansions:
- 7.2.6 SWOT Analysis
- 7.3 Pedrollo Group Srl
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 ENGGA (Yangjiang) Electric Co., Ltd.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 ABB Group
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
- 7.6 DINGOL Pwoer Generation
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Taiyo Electric Co., Ltd.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Evotec SE
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
- 7.9 Shangyan Power Technology Jiangsu Co., Ltd
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Regal Rexnord Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
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