What is the current Alternator Market size?

The Alternator Market is projected to register a CAGR of 5% during the forecast period (2024-2029) Read More

Who are the key players in Alternator Market?

ABB Ltd., Siemens AG, Cummins Inc., Leroy Somer (Nidec Motor Corporation) and Mecc Alte Spa are the major companies operating in the Alternator Market. Read More

Which is the fastest growing region in Alternator Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Alternator Market?

In 2024, the North America accounts for the largest market share in Alternator Market. Read More

What years does this Alternator Market cover?

The report covers the Alternator Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Alternator Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Alternator Market - Size, Share & Industry Analysis

Alternator Industry Overview

The alternator market is fragmented with several regional as well as international players facing intense competition to maintain their position in the market. Vendors are adopting strategies such as mergers, and acquisition, strategies alliances to expand their sales and distribution network.

January 2019- Leroy-Somerannouncedthe expansion of its LSA 44.3 and TAL 044 product lines, reaching 200 kVA in power with enhanced performance. The LSA 44.3 VL13 and VL14 alternators benefit from 93.4% and 93% efficiency at 0.8 PF respectively, which represents a significant advancement over the LSA 46.3 S2 (91.9%) and S3 (92.5%).These products are suitable for all types of power generation applications and provide high performance, delivering new opportunities for generator sets manufacturers.
July 2018 - ABB announced that it has completed its acquisition of GE Industrial Solutions (GEIS), GE’s global electrification solutions business.GEIS will be integrated into ABB’s Electrification Products division,