Variable Speed Generator Market Size to experience an impressive growth of 9.2%
January 30, 2020
Variable speed generator market is likely to witness an impressive CAGR of 9.2% during the forecast period. Rapid industrialization and urbanization, growing cognizance of renewable energy, and imposing government directives on energy efficiency are the prime factors that are underpinning the variable speed generator market globally.
Click here to get a Free Sample of the report (with additional insights):
https://www.stratviewresearch.com/Request-Sample/620/variable-speed-generator-market.html
Or
Read the summary of the report here:
https://www.stratviewresearch.com/620/variable-speed-generator-market.html
Variable Speed Generator Market Insights:
By Power Rating Type:
Based on the power rating type, the market is segmented as up to 100 Kva, 100 Kva-1 Mva, 1-25 Mva, and above 25 Mva. The 1-25 Mva segment is estimated to register the highest growth in the coming five years. The growing capacity addition in offshore wind projects is likely to drive the growth of this segment.
By Prime Mover Type:
Based on the prime mover type, the market is segmented as hydro turbines, wind turbines, steam & gas turbines, and internal combustion engines. The internal combustion engines segment is expected to have the highest growth during the forecast period. The extensive use of variable speed generators in aerospace and marine applications are the major factors that drive the growth of this segment.
By End-User Type:
Based on the end-user type, the market is segmented as renewable power generation, hydroelectric power generation, marine & shipbuilding, oil, gas, & mining, commercial & residential, and others. The commercial & residential segment is projected to have the highest growth in the coming five years. This growth is owing to the use of variable speed gensets for commercial & residential purposes.
By Region:
In terms of regions, Asia-Pacific is expected to depict the highest growth in the variable speed generator market in the coming five years. China and India are the growth engines of the region. The market is sustained by increasing power consumption and government directives on energy efficiency. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/620/variable-speed-generator-market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Construction & Equipment Industry: https://www.stratviewresearch.com/market-reports/Construction-Equipment.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176