산업용 저전압 얼터네이터 시장 예측(-2030년) : 유형별, 냉각 방식별, 기술별, 출력전력별, 정격전압별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Industrial Low-voltage Alternator Market is accounted for $1.83 billion in 2024 and is expected to reach $3.38 billion by 2030 growing at a CAGR of 10.7% during the forecast period. An Industrial Low-Voltage Alternator is a compact electrical generator designed to produce alternating current (AC) at a voltage level typically below 1,000 volts. These alternators are widely used in industrial settings to power machinery, lighting, and other equipment. They are known for their durability, high efficiency, and adaptability to various load conditions. Often employed in backup power systems, renewable energy installations, and manufacturing facilities, these alternators are crucial for ensuring reliable and consistent electricity in low-voltage industrial applications.

According to the Construction Industry Federation report, USD 26 billion was invested in building and construction during the year 2018, up 20% on the previous year.

Market Dynamics:

Driver:

Rising industrial automation

Since automation systems require a dependable and effective power source to maintain continuous operations, growing industrial automation is a major factor propelling the market for industrial low-voltage alternators. The growing adoption of robotics, advanced manufacturing processes, and IoT-enabled machinery in industries like automotive, electronics, and pharmaceuticals has significantly increased the need for stable, low-voltage power sources. Low-voltage alternators play a critical role in powering control systems, sensors, and other automation equipment. Additionally, the global push for smart factories and Industry 4.0 initiatives further accelerates the demand for these alternators.

Restraint:

Fluctuations in raw material prices

Price fluctuations for raw materials have a major effect on the market for industrial low-voltage alternators since they raise production costs and lower manufacturer profit margins. Due to supply chain interruptions, geopolitical conflicts, and shifts in demand, key commodities like copper, aluminum, and steel-which are necessary for alternator components like windings, cores, and casings-are prone to worldwide price volatility. These uncertainties make it challenging for manufacturers to maintain consistent pricing, potentially driving up costs for end-users. Moreover, the reliance on imported materials in some regions further exacerbates the issue, creating financial instability for producers and impeding market growth in price-sensitive industries.

Opportunity:

Government incentives for energy efficiency

Government energy efficiency incentives are promoting the adoption of energy-saving technology, which is propelling market expansion for industrial low-voltage alternators. The adoption of high-efficiency alternators is being encouraged by policies like tax credits, grants, and subsidies, which lower energy consumption and operating expenses. The need for alternators that are designed for low energy waste is being further increased by regulatory frameworks such as energy performance requirements and green building codes. The demand for low-voltage alternators is still rising as governments throughout the world prioritize the integration of renewable energy sources and energy-efficient infrastructure.

Threat:

Supply chain disruptions

Supply chain interruptions impact manufacturing schedules and cost effectiveness, posing serious problems for the industrial low-voltage alternator market. Global crises like pandemics, natural disasters, and geopolitical tensions can disrupt the supply of vital raw materials like steel, copper, and aluminum that are needed to make alternators. Labor shortages, transportation bottlenecks, and unpredictable shipping costs all contribute to delays and higher overall costs. These interruptions make it more difficult to deliver products on time, increase production costs, and affect market competitiveness, which leads businesses to diversify their supply chains and look into local sourcing.

Covid-19 Impact

The COVID-19 pandemic had a profound impact on the industrial low-voltage alternator market, disrupting supply chains, halting manufacturing activities, and delaying infrastructure projects globally. Lockdowns and restrictions led to a significant decline in industrial and construction activities, reducing demand for alternators in key sectors like automotive, manufacturing, and energy. Additionally, logistical challenges and shortages of raw materials further strained production. However, the pandemic also highlighted the need for reliable backup power systems in healthcare facilities and data centers, creating pockets of demand.

The synchronous alternators segment is expected to be the largest during the forecast period

The synchronous alternators segment is estimated to be the largest, due to their capacity to generate power efficiently, produce steady output, and keep a steady frequency under a range of loads. These features make them perfect for uses like industrial machines and backup power systems that call for exact control over electrical output. Synchronous alternators have also become more popular due to design improvements including better cooling systems and lower maintenance requirements. This demand is further fuelled by the growing industrial sector and the increase in applications of renewable energy.

The construction segment is expected to have the highest CAGR during the forecast period

The construction segment is anticipated to witness the highest CAGR during the forecast period, as the need for dependable power sources rises as a result of growing urbanization and infrastructural development. At construction sites, low-voltage alternators are crucial for supplying electricity to temporary power systems, lights, and construction equipment. This demand is further increased by the expansion of residential complexes, industrial facilities, and smart cities, necessitating effective power generation systems. Furthermore, alternators are perfect for use in building projects where dependability and space are crucial due to advancements in energy efficiency and compact designs.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period driven by growing need for dependable and effective power solutions, infrastructure expansion, and fast industrialization. Low-voltage alternators are necessary for the machinery and power systems in the rapidly expanding manufacturing, automotive, and construction industries. Furthermore, the need for sophisticated power generation systems is supported by the region's increasing emphasis on renewable energy initiatives and electrical grid upgrading

Region with highest CAGR:

During the estimation period, the North America region is expected to capture the largest market share, owing to robust industrial expansion, especially in industries like energy, construction, and manufacturing. The market is expanding as a result of the growing need for effective power solutions in critical infrastructure projects and the expanding use of renewable energy systems. Additionally, the market's growth is supported by the growing demand for backup power in industries as well as developments in alternator technology that provide greater reliability and energy efficiency.

Key players in the market

Some of the key players profiled in the Industrial Low-voltage Alternator Market include Cummins Inc., Siemens AG, General Electric (GE), Caterpillar Inc., Mitsubishi Electric Corporation, Honda Motor Co., Ltd., Synchronous Electric Motors (SEM), Atlas Copco, Weg S.A., Kohler Co., Hitzinger GmbH, Kirloskar Electric Company Ltd., Volvo Penta, Marathon Electric, Raychem RPG Limited, Marelli Motori S.p.A., Shanghai Electric Group Company Limited, and Aksa Power Generation.

Key Developments:

In December 2024, Siemens closes acquisition of Danfoss Fire Safety. Acquisition enhances Siemens' fire suppression portfolio with high-pressure water mist. Drives growth in key industries and accelerates transition towards sustainable fire suppression.

In November 2024, Honda has announced two electric personal commuters in India ACTIVA e, which is equipped with two Honda Mobile Power Pack e: swappable batteries as its power source, and QC1, which has a fixed battery.

In April 2024, GE Aerospace announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker "GE".

Types Covered:

• Synchronous Alternators
• Asynchronous (Induction) Alternators
• Other Types

Cooling Methods Covered:

• Water-cooled Alternators
• Air-cooled Alternators

Technologies Covered:

• Conventional Alternators
• Digital/Smart Alternators

Output Powers Covered:

• Less than 1 MW
• 1 MW to 10 MW
• Above 10 MW

Voltage Ratings Covered:

• Low Voltage (Up to 1000 V)
• Medium Voltage (1 kV - 35 kV)
• High Voltage (Above 35 kV)

Applications Covered:

• Power Generation
• Electric Power Supplies
• Motor Drives
• Backup Power
• Machinery Powering
• Other Applications

End Users Covered:

• Manufacturing
• Construction
• Automotive
• Energy & Power
• Oil & Gas
• Data Centers
• Transportation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Industrial Low-voltage Alternator Market, By Type

• 5.1 Introduction
• 5.2 Synchronous Alternators
• 5.3 Asynchronous (Induction) Alternators
• 5.4 Other Types

6 Global Industrial Low-voltage Alternator Market, By Cooling Method

• 6.1 Introduction
• 6.2 Water-cooled Alternators
• 6.3 Air-cooled Alternators

7 Global Industrial Low-voltage Alternator Market, By Technology

• 7.1 Introduction
• 7.2 Conventional Alternators
• 7.3 Digital/Smart Alternators

8 Global Industrial Low-voltage Alternator Market, By Output Power

• 8.1 Introduction
• 8.2 Less than 1 MW
• 8.3 1 MW to 10 MW
• 8.4 Above 10 MW

9 Global Industrial Low-voltage Alternator Market, By Voltage Rating

• 9.1 Introduction
• 9.2 Low Voltage (Up to 1000 V)
• 9.3 Medium Voltage (1 kV - 35 kV)
• 9.4 High Voltage (Above 35 kV)

10 Global Industrial Low-voltage Alternator Market, By Application

• 10.1 Introduction
• 10.2 Power Generation
• 10.3 Electric Power Supplies
• 10.4 Motor Drives
• 10.5 Backup Power
• 10.6 Machinery Powering
• 10.7 Other Applications

11 Global Industrial Low-voltage Alternator Market, By End User

• 11.1 Introduction
• 11.2 Manufacturing
• 11.3 Construction
• 11.4 Automotive
• 11.5 Energy & Power
• 11.6 Oil & Gas
• 11.7 Data Centers
• 11.8 Transportation
• 11.9 Other End Users

12 Global Industrial Low-voltage Alternator Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Cummins Inc.
• 14.2 Siemens AG
• 14.3 General Electric (GE)
• 14.4 Caterpillar Inc.
• 14.5 Mitsubishi Electric Corporation
• 14.6 Honda Motor Co., Ltd.
• 14.7 Synchronous Electric Motors (SEM)
• 14.8 Atlas Copco
• 14.9 Weg S.A.
• 14.10 Kohler Co.
• 14.11 Hitzinger GmbH
• 14.12 Kirloskar Electric Company Ltd.
• 14.13 Volvo Penta
• 14.14 Marathon Electric
• 14.15 Raychem RPG Limited
• 14.16 Marelli Motori S.p.A.
• 14.17 Shanghai Electric Group Company Limited
• 14.18 Aksa Power Generation