Global Alternators Market Analysis, Trends, Share, Size, Growth, Opportunity & Forecast 2018-2023, With an Expected CAGR of 3.7% - ResearchAndMarkets.com

DUBLIN--()--The "Alternators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The market volume is projected to exceed 8 Million Units by 2023, expanding at a CAGR of 3.7% during 2018-2023.

Alternators refer to devices which convert mechanical energy into electrical energy. The working principle of alternators depends upon Faraday's law of electromagnetic induction in which the current is induced in the conductor surrounded by a magnetic field when there is a relative motion. Alternators find applications in electric generators; automotive, marine, gas and oil industries; power plants; etc. The global alternators market reached a volume of more than 6 Million Units in 2017.

Due to the increasing consumption of alternating current in different sectors, such as automotive, gas, industrial manufacturing, etc., the demand for alternators has witnessed a positive growth across the globe. Another key growth-inducing factor is the growing investment in grid infrastructure in the developing regions. Apart from this, modern day vehicles are equipped with an alternator which is driven by the engine to provide alternating current. Rising disposable incomes and prevalence of a luxurious lifestyle have led to a surge in the sales of vehicles over the years. Moreover, rising industrialisation along with growth in cogeneration offer new opportunities, thereby creating an attractive market for the alternators.

Companies Mentioned

  • Cummins Generator Technologies Ltd. (Stamford-Avk)
  • Mecc Alte Alternators Pty. Ltd.
  • Leroy Somer Inc.
  • Valeo Service
  • Denso Corporation
  • HHI

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Alternators Market

6 Market Performance by Type

7 Market Performance by Voltage

8 Market Performance by Rated Power

9 Market Performance by Application

10 Market Performance by Speed

11 Market Performance by Weight

12 Market Performance by End-Use Sector

13 Market Performance by Fuel Used

14 Market Performance by Region

15 Competitive Landscape

16 Key Players Profiles

For more information about this report visit https://www.researchandmarkets.com/research/56j6c8/global?w=4

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Related Topics: Engines and Engine Parts

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Engines and Engine Parts