automatic generation control (AGC) is a system for adjusting the power output of multiple generators at different power plants, in response to changes in the load. Since a power grid requires that generation and load closely balance moment by moment, frequent adjustments to the output of generators are necessary.
The rise in integration of power resources will be one of the major trends that will gain traction in this market. Realizing the need to reduce GHG emissions, countries around the globe have started reducing their dependency on fossil fuel and started focusing on cleaner fuel sources such as nuclear and renewable energy. This addition of new resources will make electrical grids more complex and multidimensional. And as a result, companies will start using power control systems such as AGC which help in ensuring the stability of power grids.
In 2019, the market size of Automatic Generation Control is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automatic Generation Control.
This report studies the global market size of Automatic Generation Control, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automatic Generation Control production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
GE-Alstom Grid
OSI
Siemens
ANDRITZ
DEIF
ENERCON
Hitachi
Maverick Technologies
Regal-Beloit
Market Segment by Product Type
Turbine-Governor Control (TGC)
Load-Frequency Control (LFC)
Market Segment by Application
Hydropower Plant
Thermal Power Plant
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automatic Generation Control status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automatic Generation Control manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automatic Generation Control are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Automatic Generation Control. Industry analysis & Market Report on Automatic Generation Control is a syndicated market report, published as Global (United States, European Union and China) Automatic Generation Control Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automatic Generation Control market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.