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Industrial Low-voltage Alternator Market Size, Share & Trends Analysis Report By Type , By Application (Electricity, Telecommunication, Marine, and Others) By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 198 Pages
  • March 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953627
The Global Industrial Low-voltage Alternator Market size is expected to reach $2.5 billion by 2030, rising at a market growth of 8.5% CAGR during the forecast period.

In recent years, North America, particularly the United States and Canada, has witnessed significant industrial expansion, infrastructure development, and investment. Therefore, the North America segment captured $480.83 million revenue in the market in 2022. Growth in manufacturing, construction, mining, oil and gas, renewable energy, and telecommunications has spurred the demand for industrial machinery and equipment, including low-voltage alternators, to power essential operations and facilities.



Industrialization and infrastructure development projects are pivotal in driving the demand for industrial machinery and equipment, with low-voltage alternators being a critical component. As emerging economies undergo industrialization, there is a significant increase in the establishment of manufacturing facilities across various sectors such as automotive, electronics, consumer goods, and heavy industries. Therefore, these aspects can drive the expansion of the market.

Additionally, data centers, telecommunications networks, and other critical facilities require uninterrupted power supply to prevent data loss, service disruptions, and financial losses. UPS systems utilize low-voltage alternators to seamlessly transition to battery backup during power outages, ensuring the continuous operation of sensitive equipment and systems. Therefore, these factors can help in the growth of the market.

However, economic downturns or slowdowns, characterized by declining GDP growth rates, can reduce investment confidence and capital expenditure in industrial sectors. Reduced investments in industrial projects and infrastructure development negatively impact the demand for low-voltage alternators as businesses delay or scale back expansion plans to mitigate financial risks. Thus, these aspects can hamper the growth of the market.

By Application Analysis

On the basis of application, the market is divided into electricity, marine, telecommunication, and others. In 2022, the telecommunication segment witnessed 29.7% revenue share in the market. Telecommunications networks, including cellular networks, fiber optic networks, and satellite communications systems, rely on reliable power sources to support uninterrupted connectivity and communication services.



By Type Analysis

Based on type, the market is bifurcated into single phase industrial low-voltage alternator and three phase industrial low-voltage alternator. In 2022, the single phase industrial low-voltage alternator segment 24.2% significant revenue share in the market. Single-phase industrial low-voltage alternators are well-suited for powering equipment and facilities in remote or off-grid locations, such as agricultural pumps, small workshops, construction sites, and rural electrification projects, where three-phase power may not be readily available or necessary.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe segment acquired 29.9% revenue share in the market. Europe's industrial sector is undergoing revitalization and modernization efforts to enhance competitiveness, productivity, and sustainability.

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

Market Report Segmentation

By Type
  • Three Phase Industrial Low-voltage Alternator
  • Single Phase Industrial Low-voltage Alternator
By Application
  • Electricity
  • Telecommunication
  • Marine
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Industrial Low-voltage Alternator Market, by Type
1.4.2 Global Industrial Low-voltage Alternator Market, by Application
1.4.3 Global Industrial Low-voltage Alternator Market, by Geography
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. Global Industrial Low-voltage Alternator Market by Type
4.1 Global Three Phase Industrial Low-voltage Alternator Market by Region
4.2 Global Single Phase Industrial Low-voltage Alternator Market by Region
Chapter 5. Global Industrial Low-voltage Alternator Market by Application
5.1 Global Electricity Market by Region
5.2 Global Telecommunication Market by Region
5.3 Global Marine Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Industrial Low-voltage Alternator Market by Region
6.1 North America Industrial Low-voltage Alternator Market
6.1.1 North America Industrial Low-voltage Alternator Market by Type
6.1.1.1 North America Three Phase Industrial Low-voltage Alternator Market by Country
6.1.1.2 North America Single Phase Industrial Low-voltage Alternator Market by Country
6.1.2 North America Industrial Low-voltage Alternator Market by Application
6.1.2.1 North America Electricity Market by Country
6.1.2.2 North America Telecommunication Market by Country
6.1.2.3 North America Marine Market by Country
6.1.2.4 North America Others Market by Country
6.1.3 North America Industrial Low-voltage Alternator Market by Country
6.1.3.1 US Industrial Low-voltage Alternator Market
6.1.3.1.1 US Industrial Low-voltage Alternator Market by Type
6.1.3.1.2 US Industrial Low-voltage Alternator Market by Application
6.1.3.2 Canada Industrial Low-voltage Alternator Market
6.1.3.2.1 Canada Industrial Low-voltage Alternator Market by Type
6.1.3.2.2 Canada Industrial Low-voltage Alternator Market by Application
6.1.3.3 Mexico Industrial Low-voltage Alternator Market
6.1.3.3.1 Mexico Industrial Low-voltage Alternator Market by Type
6.1.3.3.2 Mexico Industrial Low-voltage Alternator Market by Application
6.1.3.4 Rest of North America Industrial Low-voltage Alternator Market
6.1.3.4.1 Rest of North America Industrial Low-voltage Alternator Market by Type
6.1.3.4.2 Rest of North America Industrial Low-voltage Alternator Market by Application
6.2 Europe Industrial Low-voltage Alternator Market
6.2.1 Europe Industrial Low-voltage Alternator Market by Type
6.2.1.1 Europe Three Phase Industrial Low-voltage Alternator Market by Country
6.2.1.2 Europe Single Phase Industrial Low-voltage Alternator Market by Country
6.2.2 Europe Industrial Low-voltage Alternator Market by Application
6.2.2.1 Europe Electricity Market by Country
6.2.2.2 Europe Telecommunication Market by Country
6.2.2.3 Europe Marine Market by Country
6.2.2.4 Europe Others Market by Country
6.2.3 Europe Industrial Low-voltage Alternator Market by Country
6.2.3.1 Germany Industrial Low-voltage Alternator Market
6.2.3.1.1 Germany Industrial Low-voltage Alternator Market by Type
6.2.3.1.2 Germany Industrial Low-voltage Alternator Market by Application
6.2.3.2 UK Industrial Low-voltage Alternator Market
6.2.3.2.1 UK Industrial Low-voltage Alternator Market by Type
6.2.3.2.2 UK Industrial Low-voltage Alternator Market by Application
6.2.3.3 France Industrial Low-voltage Alternator Market
6.2.3.3.1 France Industrial Low-voltage Alternator Market by Type
6.2.3.3.2 France Industrial Low-voltage Alternator Market by Application
6.2.3.4 Russia Industrial Low-voltage Alternator Market
6.2.3.4.1 Russia Industrial Low-voltage Alternator Market by Type
6.2.3.4.2 Russia Industrial Low-voltage Alternator Market by Application
6.2.3.5 Spain Industrial Low-voltage Alternator Market
6.2.3.5.1 Spain Industrial Low-voltage Alternator Market by Type
6.2.3.5.2 Spain Industrial Low-voltage Alternator Market by Application
6.2.3.6 Italy Industrial Low-voltage Alternator Market
6.2.3.6.1 Italy Industrial Low-voltage Alternator Market by Type
6.2.3.6.2 Italy Industrial Low-voltage Alternator Market by Application
6.2.3.7 Rest of Europe Industrial Low-voltage Alternator Market
6.2.3.7.1 Rest of Europe Industrial Low-voltage Alternator Market by Type
6.2.3.7.2 Rest of Europe Industrial Low-voltage Alternator Market by Application
6.3 Asia Pacific Industrial Low-voltage Alternator Market
6.3.1 Asia Pacific Industrial Low-voltage Alternator Market by Type
6.3.1.1 Asia Pacific Three Phase Industrial Low-voltage Alternator Market by Country
6.3.1.2 Asia Pacific Single Phase Industrial Low-voltage Alternator Market by Country
6.3.2 Asia Pacific Industrial Low-voltage Alternator Market by Application
6.3.2.1 Asia Pacific Electricity Market by Country
6.3.2.2 Asia Pacific Telecommunication Market by Country
6.3.2.3 Asia Pacific Marine Market by Country
6.3.2.4 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Industrial Low-voltage Alternator Market by Country
6.3.3.1 China Industrial Low-voltage Alternator Market
6.3.3.1.1 China Industrial Low-voltage Alternator Market by Type
6.3.3.1.2 China Industrial Low-voltage Alternator Market by Application
6.3.3.2 Japan Industrial Low-voltage Alternator Market
6.3.3.2.1 Japan Industrial Low-voltage Alternator Market by Type
6.3.3.2.2 Japan Industrial Low-voltage Alternator Market by Application
6.3.3.3 India Industrial Low-voltage Alternator Market
6.3.3.3.1 India Industrial Low-voltage Alternator Market by Type
6.3.3.3.2 India Industrial Low-voltage Alternator Market by Application
6.3.3.4 South Korea Industrial Low-voltage Alternator Market
6.3.3.4.1 South Korea Industrial Low-voltage Alternator Market by Type
6.3.3.4.2 South Korea Industrial Low-voltage Alternator Market by Application
6.3.3.5 Singapore Industrial Low-voltage Alternator Market
6.3.3.5.1 Singapore Industrial Low-voltage Alternator Market by Type
6.3.3.5.2 Singapore Industrial Low-voltage Alternator Market by Application
6.3.3.6 Malaysia Industrial Low-voltage Alternator Market
6.3.3.6.1 Malaysia Industrial Low-voltage Alternator Market by Type
6.3.3.6.2 Malaysia Industrial Low-voltage Alternator Market by Application
6.3.3.7 Rest of Asia Pacific Industrial Low-voltage Alternator Market
6.3.3.7.1 Rest of Asia Pacific Industrial Low-voltage Alternator Market by Type
6.3.3.7.2 Rest of Asia Pacific Industrial Low-voltage Alternator Market by Application
6.4 LAMEA Industrial Low-voltage Alternator Market
6.4.1 LAMEA Industrial Low-voltage Alternator Market by Type
6.4.1.1 LAMEA Three Phase Industrial Low-voltage Alternator Market by Country
6.4.1.2 LAMEA Single Phase Industrial Low-voltage Alternator Market by Country
6.4.2 LAMEA Industrial Low-voltage Alternator Market by Application
6.4.2.1 LAMEA Electricity Market by Country
6.4.2.2 LAMEA Telecommunication Market by Country
6.4.2.3 LAMEA Marine Market by Country
6.4.2.4 LAMEA Others Market by Country
6.4.3 LAMEA Industrial Low-voltage Alternator Market by Country
6.4.3.1 Brazil Industrial Low-voltage Alternator Market
6.4.3.1.1 Brazil Industrial Low-voltage Alternator Market by Type
6.4.3.1.2 Brazil Industrial Low-voltage Alternator Market by Application
6.4.3.2 Argentina Industrial Low-voltage Alternator Market
6.4.3.2.1 Argentina Industrial Low-voltage Alternator Market by Type
6.4.3.2.2 Argentina Industrial Low-voltage Alternator Market by Application
6.4.3.3 UAE Industrial Low-voltage Alternator Market
6.4.3.3.1 UAE Industrial Low-voltage Alternator Market by Type
6.4.3.3.2 UAE Industrial Low-voltage Alternator Market by Application
6.4.3.4 Saudi Arabia Industrial Low-voltage Alternator Market
6.4.3.4.1 Saudi Arabia Industrial Low-voltage Alternator Market by Type
6.4.3.4.2 Saudi Arabia Industrial Low-voltage Alternator Market by Application
6.4.3.5 South Africa Industrial Low-voltage Alternator Market
6.4.3.5.1 South Africa Industrial Low-voltage Alternator Market by Type
6.4.3.5.2 South Africa Industrial Low-voltage Alternator Market by Application
6.4.3.6 Nigeria Industrial Low-voltage Alternator Market
6.4.3.6.1 Nigeria Industrial Low-voltage Alternator Market by Type
6.4.3.6.2 Nigeria Industrial Low-voltage Alternator Market by Application
6.4.3.7 Rest of LAMEA Industrial Low-voltage Alternator Market
6.4.3.7.1 Rest of LAMEA Industrial Low-voltage Alternator Market by Type
6.4.3.7.2 Rest of LAMEA 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
Chapter 8. Winning Imperatives of Industrial Low-voltage Alternator Market

Companies Mentioned

  • 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

Methodology

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