The Europe Industrial Low-voltage Alternator Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Industrial Low-voltage Alternator Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $166.5 Million by 2030. The UK market is exhibiting a CAGR of 7.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.1% during (2023 - 2030).
Adopting low-voltage alternators in industrial settings has witnessed significant growth over the years. As industries expand, modernize, and embrace automation, reliable and efficient power generation solutions become paramount. Low-voltage alternators address this need by providing a dependable source of electrical power tailored to the specific requirements of industrial applications.
In oil and gas exploration and production, low-voltage alternators drive pumps, compressors, generators, and drilling rigs essential for extracting, processing, and transporting hydrocarbons. These alternators play a vital role in powering critical equipment and ensuring the smooth operation of oil and gas field operations. On ships, offshore platforms, and marine vessels, low-voltage alternators provide electrical power for propulsion systems, navigation equipment, lighting, HVAC systems, and onboard machinery.
In order to mitigate the effects of climate change and reduce carbon emissions, the European Union is making efforts to increase the share of renewable energy sources within its energy portfolio. This involves the integration of renewable energy sources such as wind, solar, hydroelectric, and biomass power into the electricity grid. These play a crucial role in renewable energy generation systems. Therefore, Europe's growing electricity generation sector is expected to boost their demand in the region.
Free Valuable Insights: The Global Industrial Low-voltage Alternator Market will Hit USD 2.5 Billion by 2030, at a CAGR of 8.5%
Based on Type, the market is segmented into Three Phase Industrial Low-voltage Alternator and Single-Phase Industrial Low-voltage Alternator. Based on Application, the market is segmented into Electricity, Telecommunication, Marine, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe Industrial Low-voltage Alternator Market Report Segmentation
By Type
- Three Phase Industrial Low-voltage Alternator
- Single Phase Industrial Low-voltage Alternator
By Application
- Electricity
- Telecommunication
- Marine
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Low-voltage Alternator Market, by Type
1.4.2 Europe Industrial Low-voltage Alternator Market, by Application
1.4.3 Europe Industrial Low-voltage Alternator Market, by Country
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. Europe Industrial Low-voltage Alternator Market by Type
4.1 Europe Three Phase Industrial Low-voltage Alternator Market by Country
4.2 Europe Single Phase Industrial Low-voltage Alternator Market by Country
Chapter 5. Europe Industrial Low-voltage Alternator Market by Application
5.1 Europe Electricity Market by Country
5.2 Europe Telecommunication Market by Country
5.3 Europe Marine Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Industrial Low-voltage Alternator Market by Country
6.1 Germany Industrial Low-voltage Alternator Market
6.1.1 Germany Industrial Low-voltage Alternator Market by Type
6.1.2 Germany Industrial Low-voltage Alternator Market by Application
6.2 UK Industrial Low-voltage Alternator Market
6.2.1 UK Industrial Low-voltage Alternator Market by Type
6.2.2 UK Industrial Low-voltage Alternator Market by Application
6.3 France Industrial Low-voltage Alternator Market
6.3.1 France Industrial Low-voltage Alternator Market by Type
6.3.2 France Industrial Low-voltage Alternator Market by Application
6.4 Russia Industrial Low-voltage Alternator Market
6.4.1 Russia Industrial Low-voltage Alternator Market by Type
6.4.2 Russia Industrial Low-voltage Alternator Market by Application
6.5 Spain Industrial Low-voltage Alternator Market
6.5.1 Spain Industrial Low-voltage Alternator Market by Type
6.5.2 Spain Industrial Low-voltage Alternator Market by Application
6.6 Italy Industrial Low-voltage Alternator Market
6.6.1 Italy Industrial Low-voltage Alternator Market by Type
6.6.2 Italy Industrial Low-voltage Alternator Market by Application
6.7 Rest of Europe Industrial Low-voltage Alternator Market
6.7.1 Rest of Europe Industrial Low-voltage Alternator Market by Type
6.7.2 Rest of Europe 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
TABLE 1 Europe Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 2 Europe Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 3 Europe Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 5 Europe Three Phase Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Three Phase Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Single Phase Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Single Phase Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 10 Europe Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 11 Europe Electricity Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Electricity Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Telecommunication Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Marine Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Marine Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 21 Germany Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 22 Germany Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 23 Germany Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 24 Germany Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 25 Germany Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 26 Germany Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 27 UK Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 28 UK Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 29 UK Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 30 UK Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 31 UK Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 32 UK Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 33 France Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 34 France Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 35 France Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 36 France Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 37 France Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 38 France Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 39 Russia Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 40 Russia Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 41 Russia Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 42 Russia Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 43 Russia Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 44 Russia Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 45 Spain Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 46 Spain Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 47 Spain Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 48 Spain Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 49 Spain Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 50 Spain Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 51 Italy Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 52 Italy Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 53 Italy Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 54 Italy Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 55 Italy Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 56 Italy Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 57 Rest of Europe Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 58 Rest of Europe Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 59 Rest of Europe Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 61 Rest of Europe Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of Europe Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 63 Key information – Cummins, Inc.
TABLE 64 Key Information – Nidec Corporation
TABLE 65 Key Information – Pedrollo Group Srl
TABLE 66 Key Information – ENGGA (Yangjiang) Electric Co., Ltd.
TABLE 67 Key Information – ABB Group
TABLE 68 Key Information – DINGOL Pwoer Generation
TABLE 69 Key Information – Taiyo Electric Co., Ltd.
TABLE 70 Key Information – Evotec SE
TABLE 71 Key Information – Shangyan Power Technology Jiangsu Co., Ltd
TABLE 72 Key Information – Regal Rexnord Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Industrial Low-voltage Alternator Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Industrial Low-voltage Alternator Market
FIG 4 Porter’s Five Forces Analysis - Industrial Low-voltage Alternator Market
FIG 5 Europe Industrial Low-voltage Alternator Market share by Type, 2022
FIG 6 Europe Industrial Low-voltage Alternator Market share by Type, 2030
FIG 7 Europe Industrial Low-voltage Alternator Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Industrial Low-voltage Alternator Market share by Application, 2022
FIG 9 Europe Industrial Low-voltage Alternator Market share by Application, 2030
FIG 10 Europe Industrial Low-voltage Alternator Market by Application, 2019 - 2030, USD Million
FIG 11 Europe Industrial Low-voltage Alternator Market share by Country, 2022
FIG 12 Europe Industrial Low-voltage Alternator Market share by Country, 2030
FIG 13 Europe Industrial Low-voltage Alternator Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Cummins, Inc.
FIG 15 SWOT Analysis: Nidec Corporation
FIG 16 SWOT Analysis: PEDROLLO GROUP SRL
FIG 17 SWOT Analysis: ENGGA (Yangjiang) Electric Co., Ltd.
FIG 18 SWOT Analysis: ABB Group
FIG 19 SWOT Analysis: DINGOL Pwoer Generation
FIG 20 SWOT Analysis: Taiyo Electric Co., Ltd.
FIG 21 SWOT Analysis: Evotec SE
FIG 22 SWOT Analysis: Shangyan Power Technology Jiangsu Co., Ltd
FIG 23 SWOT Analysis: Regal Rexnord Corporation