The North America Industrial Low-voltage Alternator Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
The US market dominated the North America 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 $641.5 Million by 2030. The Canada market is experiencing a CAGR of 10.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.4% during (2023 - 2030).
A dependable and consistent power supply is essential to ensure uninterrupted production processes, machinery operation, and critical system functionality. Among the key components facilitating this vital function are low-voltage alternators. These devices serve a vital function in transforming mechanical energy into electrical power, supplying a dependable electricity supply to operate industrial machinery, processes, and equipment.
The versatility and adaptability of low-voltage alternators make them indispensable across various industries, each with unique power generation requirements and operational challenges. In manufacturing facilities, low-voltage alternators power many machineries and equipment, including conveyor systems, CNC machines, industrial robots, and assembly lines. These alternators ensure continuous and reliable electricity supply, enabling seamless production processes and maximizing operational efficiency.
As Mexico continues to increase its renewable energy capacity, there is a need to integrate these intermittent energy sources into the existing electricity grid. Low-voltage alternators are of paramount importance as they provide ancillary services, sustain grid stability, and guarantee the consistent functioning of the electrical grid in situations where renewable energy sources are unreliable or experience fluctuations. Hence, the rising renewable energy and telecommunication sectors in North America will help in the growth of the regional market.
Free Valuable Insights: The Industrial Low-voltage Alternator Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Industrial Low-voltage Alternator Market, by Type
1.4.2 North America Industrial Low-voltage Alternator Market, by Application
1.4.3 North America 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. North America Industrial Low-voltage Alternator Market by Type
4.1 North America Three Phase Industrial Low-voltage Alternator Market by Country
4.2 North America Single Phase Industrial Low-voltage Alternator Market by Country
Chapter 5. North America Industrial Low-voltage Alternator Market by Application
5.1 North America Electricity Market by Country
5.2 North America Telecommunication Market by Country
5.3 North America Marine Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Industrial Low-voltage Alternator Market by Country
6.1 US Industrial Low-voltage Alternator Market
6.1.1 US Industrial Low-voltage Alternator Market by Type
6.1.2 US Industrial Low-voltage Alternator Market by Application
6.2 Canada Industrial Low-voltage Alternator Market
6.2.1 Canada Industrial Low-voltage Alternator Market by Type
6.2.2 Canada Industrial Low-voltage Alternator Market by Application
6.3 Mexico Industrial Low-voltage Alternator Market
6.3.1 Mexico Industrial Low-voltage Alternator Market by Type
6.3.2 Mexico Industrial Low-voltage Alternator Market by Application
6.4 Rest of North America Industrial Low-voltage Alternator Market
6.4.1 Rest of North America Industrial Low-voltage Alternator Market by Type
6.4.2 Rest of North America 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 North America Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 2 North America Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 3 North America Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 4 North America Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 5 North America Three Phase Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Three Phase Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Single Phase Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Single Phase Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 10 North America Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 11 North America Electricity Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Electricity Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Telecommunication Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Marine Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Marine Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Industrial Low-voltage Alternator Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Industrial Low-voltage Alternator Market by Country, 2023 - 2030, USD Million
TABLE 21 US Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 22 US Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 23 US Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 24 US Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 25 US Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 26 US Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 27 Canada Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 28 Canada Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 29 Canada Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 30 Canada Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 31 Canada Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 32 Canada Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 33 Mexico Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 34 Mexico Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 35 Mexico Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 36 Mexico Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 37 Mexico Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 38 Mexico Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 39 Rest of North America Industrial Low-voltage Alternator Market, 2019 - 2022, USD Million
TABLE 40 Rest of North America Industrial Low-voltage Alternator Market, 2023 - 2030, USD Million
TABLE 41 Rest of North America Industrial Low-voltage Alternator Market by Type, 2019 - 2022, USD Million
TABLE 42 Rest of North America Industrial Low-voltage Alternator Market by Type, 2023 - 2030, USD Million
TABLE 43 Rest of North America Industrial Low-voltage Alternator Market by Application, 2019 - 2022, USD Million
TABLE 44 Rest of North America Industrial Low-voltage Alternator Market by Application, 2023 - 2030, USD Million
TABLE 45 Key information – Cummins, Inc.
TABLE 46 Key Information – Nidec Corporation
TABLE 47 Key Information – Pedrollo Group Srl
TABLE 48 Key Information – ENGGA (Yangjiang) Electric Co., Ltd.
TABLE 49 Key Information – ABB Group
TABLE 50 Key Information – DINGOL Pwoer Generation
TABLE 51 Key Information – Taiyo Electric Co., Ltd.
TABLE 52 Key Information – Evotec SE
TABLE 53 Key Information – Shangyan Power Technology Jiangsu Co., Ltd
TABLE 54 Key Information – Regal Rexnord Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Industrial Low-voltage Alternator Market share by Type, 2022
FIG 6 North America Industrial Low-voltage Alternator Market share by Type, 2030
FIG 7 North America Industrial Low-voltage Alternator Market by Type, 2019 - 2030, USD Million
FIG 8 North America Industrial Low-voltage Alternator Market share by Application, 2022
FIG 9 North America Industrial Low-voltage Alternator Market share by Application, 2030
FIG 10 North America Industrial Low-voltage Alternator Market by Application, 2019 - 2030, USD Million
FIG 11 North America Industrial Low-voltage Alternator Market share by Country, 2022
FIG 12 North America Industrial Low-voltage Alternator Market share by Country, 2030
FIG 13 North America 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