The global synchronous generator market was valued at USD 5.0 billion in 2024 and is expected to reach USD 9.4 billion by 2037, expanding at a compound annual growth rate (CAGR) of 5.0% over the forecast period from 2025 to 2037. In 2025, the market size is projected to be USD 5.2 billion. The global shift toward renewable energy and resilient grid infrastructure is creating fresh momentum for synchronous generators. These systems are vital for maintaining grid frequency stability and are increasingly being deployed in microgrids, backup power systems, and hydroelectric stations. With countries modernizing their transmission networks and integrating solar, wind, and biomass plants, synchronous generators are re-emerging as a key stabilizing component, particularly in hybrid configurations.
Table of Contents
- Asia Pacific Synchronous Generator Market
- An Outline of the Global Synchronous Generator Market
- Market Definition and Segmentation
- Study Assumptions and Abbreviations
- Research Methodology & Approach
- Primary Research
- Secondary Research
- SPSS Methodology
- Data Triangulation
- Executive Summary
- Global Industry Overview
- Industry Supply Chain Analysis
- DROT
- Driver
- Restraint
- Opportunities
- Trends
- Government Regulation
- Competitive Landscape
- Atlas Copco AB
- DANFOSS A/S
- EBARA CORPORATION
- Hitachi Industrial Products, Ltd.
- IHI ASIA PACIFIC PTE. LTD.
- KOBE STEEL, LTD.
- Mitsubishi Heavy Industries, Ltd.
- Siemens Energy
- Sulzer Ltd.
- TMTV Industries Pvt. Ltd.
- Turbo-Tech Compressor Wuxi Co., Ltd
- Ongoing Technological Advancements
- Price Benchmarking
- SWOT Analysis
- Product Type Scenario
- Power Output Analysis
- Synchronous Generator Capacity Analysis
- Patent Evaluation
- Key Application
- Recent Developments
- Root Cause Analysis
- Industry Risk Assessment
- Global Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Global Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Region
- North America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Asia Pacific Excluding Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Middle East and Africa, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Cross Analysis of Type w.r.t End user, 2024-2037 (USD Million)
- North America Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- North America Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Country
- U.S., Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Canada, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Cross Analysis of Type w.r.t End user, 2024-2037 (USD Million)
- Europe Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Europe Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Country
- UK, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Germany, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- France, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Italy, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Spain, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Russia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- BENELUX, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Poland, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Rest of Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Cross Analysis of Type w.r.t End user, 2024-2037 (USD Million)
- Asia Pacific Excluding Japan Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Asia Pacific Excluding Japan Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Country
- China, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- India, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- South Korea, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Australia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Indonesia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Malaysia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Vietnam, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Thailand, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Singapore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- New Zealand, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Rest of APEJ, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Japan Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Japan Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- Cross Analysis of Type w.r.t End user, 2024-2037 (USD Million)
- Latin America Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Latin America Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Country
- Brazil, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Argentina, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Mexico, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Rest of Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
- Cross Analysis of Type w.r.t End user, 2024-2037 (USD Million)
- Middle East & Africa Synchronous Generator Market Outlook
- Market Overview
- Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
- Middle East & Africa Synchronous Generator Market Segmentation Analysis (2024-2037)
- Prime Mover, Value (USD Million)
- Gas Turbine
- Steam Turbine
- Power Rating, Value (USD Million)
- 5 to 10 MVA
20 to 30 MVA
30 to 50 MVA
- Speed, Value (USD Million)
- 1500 RPM
- End user, Value (USD Million)
- Waste-to-Energy Generation
- Biomass Power Generation
- Hydrogen & Ammonia Fuel Power Generation
- CO2 & Air Storage Power Generation
- Oil & Gas
- By Country
- GCC, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F
- Israel, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F
- South Africa, Market Value (USD Million), Volume (Tons) CAGR & Y-o-Y Growth Trend, 2024-2037F
- Rest of Middle East & Africa, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F
- About the Publisher
Companies Mentioned
- ABB Ltd.
- Siemens Energy
- General Electric Company
- Cymbet Corporation
- Caterpillar Inc.
- WEG S.A.
- Andritz
