Generator manufacturing companies manufacture machines that convert mechanical energy into electrical energy through the movement of electric charges in the generator’s windings for use in external circuits. This segment does not include manufacturing of turbine generator sets, internal combustion, welding and generators for battery storage in aircrafts.
Generator Manufacturing Global Market Size
The global generator manufacturing market was valued at $17.1 billion in 2017. Asia Pacific was the largest geographic region accounting for $7.7 billion or 45.6% of the global market. China was the largest country accounting for $3.7 billion or 22% of the global generator manufacturing market.
Generator Manufacturing Global Market Trend
Many generator manufacturing companies are offering smart generator technologies to both commercial establishments and individual customers. Smart generators are embedded with digital technology to monitor better life, engine oil and temperature. Digital technologies in generators minimize manual intervention to resolve engine malfunctions. Manufacturers are also incorporating advanced monitoring equipment and hi-tech control systems in generator systems Companies offering smart generator technology include Ultrawave and PcVue solutions.
The companies covered are Aggreko, Atlas Copco, Caterpillar, FG Wilson, and Kirloskar.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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