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The global variable speed generator market was valued at USD 5.24 Billion in 2016 and is projected to reach USD 8.36 Billion by 2022, at a CAGR of 7.63% during the forecast period.
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Variable Speed Generator Market by Type, Prime Mover, Technology, Power, End-User, Region – Global Forecast to 2022 www.MarketsandMarkets.com
On the basis of end user, the renewable power generation segment is expected to hold the largest share of the market The renewable power generation segment dominated the market in 2016 and is projected to grow at the highest CAGR during the forecast period. The most important advantage of variable speed generators in wind power generation is that they allow the turbine to increase or decrease speed as the wind speed varies as the actual power available in the wind increases three times with a single-fold increase in wind speed. Turbines, which operate within a narrow speed range, cannot effectively use wind speeds, causing the generator to exceed the synchronous speed. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=200865761
The internal combustion engine segment is expected to be the fastest-growing segment of the market With regards to the prime mover segment, internal combustion engine driven variable speed generators are expected to constitute the fastest growing market from 2017 to 2022. The market is primarily driven by the increasing investments in aerospace, marine, and shipbuilding industry. The implementation of variable speed gensets reduces the operation and maintenance cost of the internal combustion engines. These gensets have 20-30% less fuel consumption and optimal running efficiency at variable load. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=200865761
Browse >> 69 market data tables 36 figures 154 pagesand in-depth TOC on “Variable Speed Generator Market- Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: A leading market for variable speed generators In this report, the variable speed generator market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia Pacific is expected to account for the largest market share of the global variable speed generator market in 2017. Increasing urbanization and industrialization in this region are leading to the higher demand for power. To cater to this demand and meet the energy efficiency mandates, the countries are focusing on power generation through renewable energy sources. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=200865761
Target Audience: • Banks, venture capitalists, financial institutions, and other investors • Companies related to electric power generation • Energy associations • Environment associations • Energy efficiency consultants • Government and industry associations • Government and research organizations • Manufacturing industry • Power plant project developers • State and national regulatory authorities • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=200865761
Key players • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the variable speed generator market. These players include • ABB (Switzerland), • GE (US), • Siemens (Germany), • Wartsila (Finland), • Cummins (US), • Rolls Royce (UK) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=250996975
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