Press release
Alternators Market Size, Share, Development by 2023
Alternators are equipment which can convert mechanical energy into electrical energy. Like motors, alternators are also consisting of stator and rotor. The rotor consists of a coil of wire wrapped around an iron core. Surrounding the rotor is another set of coils, three in number, called the stator, which is fixed to the shell of the alternator, and does not turn.
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Global Alternators Market: Forecast by Type / Application / Region
Emergency power alternators are widely used in the hospital, airport and factories. The power of emergency power alternator varies from several kilo watts to several megawatts with applications. These alternators are supplied by many companies, among them Caterpillar and Cummins are the most known.
No matter for automotive or power generation, the alternator industry in China is developing faster than USA and Europe, where the industry and technology is relative mature. As expected, China alternator industry will occupy larger market share in the next several years, though the economic slowdown.
Over the next five years, LPI(LP Information) projects that Alternators will register a 0.8% CAGR in terms of revenue, reach US$ 27000 million by 2023, from US$ 25800 million in 2017.
Global Alternators Market: Key Players
GE
Emerson
Hitachi
Shanghai Electric
SIEMENS
Caterpillar
Valeo
Bosch
Toshiba
Mitsubishi
Denso
Cummins
ABB
NTC
Andritz
Marathon Electric
HEC
WEG
MEIDEN
Fuji Electric
Mecc Alte
Marelli Motori
Brush
Others
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Related Information:
United States Alternators Market Research Report 2018
Europe Alternators Market Research Report 2018
North America Alternators Market Research Report 2018
Asia-Pacific Alternators Market Research Report 2018
China Alternators Market Research Report 2018
EMEA Alternators Market Research Report 2018
Global Alternators Market Research Report 2018
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