In an electric power system, Generator Control Unit 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 balance can be judged by measuring the system frequency; if it is increasing, more power is being generated than used, which causes all the machines in the system to accelerate. If the system frequency is decreasing, more load is on the system than the instantaneous generation can provide, which causes all generators to slow down.
Currently, The industry is highly concentrated, technical barriers and financial barriers are relatively high. The companies in the world that produce Generator Control Unit mainly concentrate in North America and Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Generator Control Unit, GE take the global market share of more than 17.38%, other key manufacturers include Comap, DSE, Kohler, Emerson, Avionic Instruments etc. The production of Generator Control Unit increased from 1585.49 K Sets in 2011 to 2355.90 K Sets in 2016, with an average growth rate of 8.24%. Global Generator Control Unit capacity utilization rate remained at around 84% in 2016.
Generator Control Unit can be classified as three types, such as Analog GCU and Digital GCU. It can be widely used in many industries. Survey results showed that 39.37% of the Generator Control Unit market is Power Plant, 18.13% is Industry, 13.82% divided among others in 2016. With the development of economy, Countries increasingly stringent environmental requirements,these industries will need more Generator Control Unit. So, Generator Control Unit has a huge market potential in the future.
According to this study, over the next five years the Generator Control Unit market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 760 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Generator Control Unit business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Generator Control Unit market by product type, application, key manufacturers and key regions and countries.
This study considers the Generator Control Unit value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Analog Based
Digital Based
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Power Plant
Transportation
Industrial Manufacturing
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GE
Comap
DSE
Kohler
Emerson
Avionic Instruments
Deif
Beckwith
Smartgen
Jenoptik
HCT
Lamar Technologies
Dongguan Tuan Cheng
Harsen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Generator Control Unit consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Generator Control Unit market by identifying its various subsegments.
Focuses on the key global Generator Control Unit manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Generator Control Unit with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Generator Control Unit submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Generator Control Unit . Industry analysis & Market Report on Generator Control Unit is a syndicated market report, published as Global Generator Control Unit Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Generator Control Unit market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.