Market Analysis and Insights: Global Alternators Market

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.

Due to the COVID-19 pandemic, the global Alternators market size is estimated to be worth US$ 26570 million in 2022 and is forecast to a readjusted size of US$ 33480 million by 2029 with a CAGR of 3.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Below 5KW accounting for % of the Alternators global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Solar Energy segment is altered to an % CAGR throughout this forecast period.

The world's major alternator manufacturers include GE, Emerson, Hitachi, Shanghai Electric, Siemens, Caterpillar, Valeo, Bosch, Toshiba and Mitsubishi.

Global Alternators Scope and Market Size

The global Alternators market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Alternators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Below 5KW

5KW-10MW

Above 10MW


Segment by Application


Solar Energy

Wind Energy

Hydro Energy

Biomass Energy

Ocean Energy

Geothermal Energy

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


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