Market Overview:
The global asynchronous squirrel cage induction generators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric power, rising investments in renewable energy sources, and growing industrialization and urbanization across the globe. Based on type, the asynchronous squirrel cage induction generators market can be segmented into low pressure generators and high pressure generators. Low pressure generators are more common than high pressure generators and are used in applications such as chemical, metallurgy and mining, water and wastewater treatment, petrochemical, food and drink, automotive and transportation, general purpose machinery, among others. High pressure generators are used in specialized applications such as nuclear power plants. Based on application type ,the asynchronous squirrel cage induction generator market can be segmented into chemical industry ,metallurgy &mining industry ,water&wastewater treatment industry 、petrochemical industry 、food&drink industry 、automotive&transportation industry 、general purpose machineryindustry ，and other industries . Among these segments ,the chemicalindustry segment is projected to grow at a highest CAGR during the forecast period . This growth can be attributed to the increasing demand for electric power from this sector coupled with rising investments in renewable energy sources .
Product Definition:
An asynchronous squirrel cage induction generator (ASICG) is a type of AC electrical generator that uses an induction motor to generate electricity. The rotor of the motor is connected to the output shaft, while the stator is stationary. The advantage of ASICGs over other types of generators is that they are relatively simple and inexpensive to construct, and they are also very reliable.
Low Pressure Generators:
Low pressure generators, also known as LPG or LPG, are a type of electrical generator that produces low-frequency AC power. They are used for the production of electricity in applications such as emergency power supply systems and portable devices requiring DC power.
The global market for low pressure generators is expected to witness significant growth over the forecast period owing to increasing demand from various application areas such as emergency lighting systems and portable instruments requiring DC voltage.
High Pressure Generators:
High pressure generators (HPG) are used to generate high voltage in the range of 30 kV and above. They are majorly used in induction motors, which have a low starting torque. The most commonly used HPG is the rotary table type with an output power rating of 0-300 kW.
The market for HPG’s is expected to witness growth over the forecast period owing to its increasing usage in renewable energy generation such as wind turbines.
Application Insights:
The general purpose machinery segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for gas turbines across various industries, such as power generation, pulp and paper, cement production, etc. In addition, these machines are used in several applications including municipal water treatment plants and wastewater treatment facilities along with other industrial applications such as chemical processing plants or oil refineries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in emerging economies, such as China and India. In addition, rising investments in new power generation projects are anticipated to drive the market further. For instance, according to IEEFA, there were nearly 2 GW of operational coal power plants under construction or planned by 2020 in China’s coal province Shanxi with an investment of USD X billion between 2016 and 2019.
North America accounted for a significant share of global revenue owing to early adoption of asynchronous squirrel cage induction generator technology coupled with growing emphasis on renewable energy sources across U.S.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives and policies to promote renewable energy sources
- Technological advancements in induction generators that improve efficiency and performance
- Growing popularity of microgrids and distributed generation systems
- Rising concerns about climate change and the need to reduce greenhouse gas emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Asynchronous Squirrel Cage Induction Generators Market Research Report
By Type
Low Pressure Generators, High Pressure Generators
By Application
Chemical, Metallurgy and Mining, Water and Wastewater Treatment, Petrochemical, Food and Drink, Automotive and Transportation, General Purpose Machinery, Other
By Companies
ABB, Siemens, Siemens, Wolong, Teco, Xemc, Nidec Motor Corporation, Hitachi, Shandong Huali Electric Motor Group, Toshiba, Tatung Co, Anhui Wannan Electric Machine, Jiangsu Dazhong Electromotor Stock, Jiangxi Tezhong Motor, Yaskawa Electric, NORD, Regal-Beloit, SEW-Eurodrive, Zhejiang Jinlong Electric, Fujian Yuandong Electric Motor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Asynchronous Squirrel Cage Induction Generators Market Report Segments:
The global Asynchronous Squirrel Cage Induction Generators market is segmented on the basis of:
Types
Low Pressure Generators, High Pressure Generators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Metallurgy and Mining, Water and Wastewater Treatment, Petrochemical, Food and Drink, Automotive and Transportation, General Purpose Machinery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- Siemens
- Wolong
- Teco
- Xemc
- Nidec Motor Corporation
- Hitachi
- Shandong Huali Electric Motor Group
- Toshiba
- Tatung Co
- Anhui Wannan Electric Machine
- Jiangsu Dazhong Electromotor Stock
- Jiangxi Tezhong Motor
- Yaskawa Electric
- NORD
- Regal-Beloit
- SEW-Eurodrive
- Zhejiang Jinlong Electric
- Fujian Yuandong Electric Motor
Highlights of The Asynchronous Squirrel Cage Induction Generators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Pressure Generators
- High Pressure Generators
- By Application:
- Chemical
- Metallurgy and Mining
- Water and Wastewater Treatment
- Petrochemical
- Food and Drink
- Automotive and Transportation
- General Purpose Machinery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Asynchronous Squirrel Cage Induction Generators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Asynchronous squirrel cage induction generators are a type of electric generator that use rotating magnetic fields to produce electricity. They work by using the principle of induction, which is when an electric current flows through a conductor in response to a changing magnetic field.
Some of the major players in the asynchronous squirrel cage induction generators market are ABB, Siemens, Siemens, Wolong, Teco, Xemc, Nidec Motor Corporation, Hitachi, Shandong Huali Electric Motor Group, Toshiba, Tatung Co, Anhui Wannan Electric Machine, Jiangsu Dazhong Electromotor Stock, Jiangxi Tezhong Motor, Yaskawa Electric, NORD, Regal-Beloit, SEW-Eurodrive, Zhejiang Jinlong Electric, Fujian Yuandong Electric Motor.
The asynchronous squirrel cage induction generators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Asynchronous Squirrel Cage Induction Generators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Asynchronous Squirrel Cage Induction Generators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Asynchronous Squirrel Cage Induction Generators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Asynchronous Squirrel Cage Induction Generators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Asynchronous Squirrel Cage Induction Generators Market Size & Forecast, 2018-2028
4.5.1 Asynchronous Squirrel Cage Induction Generators Market Size and Y-o-Y Growth
4.5.2 Asynchronous Squirrel Cage Induction Generators Market Absolute $ Opportunity
Chapter 5 Global Asynchronous Squirrel Cage Induction Generators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
5.2.1 Low Pressure Generators
5.2.2 High Pressure Generators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Asynchronous Squirrel Cage Induction Generators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Metallurgy and Mining
6.2.3 Water and Wastewater Treatment
6.2.4 Petrochemical
6.2.5 Food and Drink
6.2.6 Automotive and Transportation
6.2.7 General Purpose Machinery
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Asynchronous Squirrel Cage Induction Generators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Asynchronous Squirrel Cage Induction Generators Analysis and Forecast
9.1 Introduction
9.2 North America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
9.6.1 Low Pressure Generators
9.6.2 High Pressure Generators
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Metallurgy and Mining
9.10.3 Water and Wastewater Treatment
9.10.4 Petrochemical
9.10.5 Food and Drink
9.10.6 Automotive and Transportation
9.10.7 General Purpose Machinery
9.10.8 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Asynchronous Squirrel Cage Induction Generators Analysis and Forecast
10.1 Introduction
10.2 Europe Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
10.6.1 Low Pressure Generators
10.6.2 High Pressure Generators
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Metallurgy and Mining
10.10.3 Water and Wastewater Treatment
10.10.4 Petrochemical
10.10.5 Food and Drink
10.10.6 Automotive and Transportation
10.10.7 General Purpose Machinery
10.10.8 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Asynchronous Squirrel Cage Induction Generators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
11.6.1 Low Pressure Generators
11.6.2 High Pressure Generators
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Metallurgy and Mining
11.10.3 Water and Wastewater Treatment
11.10.4 Petrochemical
11.10.5 Food and Drink
11.10.6 Automotive and Transportation
11.10.7 General Purpose Machinery
11.10.8 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Asynchronous Squirrel Cage Induction Generators Analysis and Forecast
12.1 Introduction
12.2 Latin America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
12.6.1 Low Pressure Generators
12.6.2 High Pressure Generators
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Metallurgy and Mining
12.10.3 Water and Wastewater Treatment
12.10.4 Petrochemical
12.10.5 Food and Drink
12.10.6 Automotive and Transportation
12.10.7 General Purpose Machinery
12.10.8 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Asynchronous Squirrel Cage Induction Generators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Type
13.6.1 Low Pressure Generators
13.6.2 High Pressure Generators
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Asynchronous Squirrel Cage Induction Generators Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Metallurgy and Mining
13.10.3 Water and Wastewater Treatment
13.10.4 Petrochemical
13.10.5 Food and Drink
13.10.6 Automotive and Transportation
13.10.7 General Purpose Machinery
13.10.8 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Asynchronous Squirrel Cage Induction Generators Market: Competitive Dashboard
14.2 Global Asynchronous Squirrel Cage Induction Generators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 Siemens
14.3.4 Wolong
14.3.5 Teco
14.3.6 Xemc
14.3.7 Nidec Motor Corporation
14.3.8 Hitachi
14.3.9 Shandong Huali Electric Motor Group
14.3.10 Toshiba
14.3.11 Tatung Co
14.3.12 Anhui Wannan Electric Machine
14.3.13 Jiangsu Dazhong Electromotor Stock
14.3.14 Jiangxi Tezhong Motor
14.3.15 Yaskawa Electric
14.3.16 NORD
14.3.17 Regal-Beloit
14.3.18 SEW-Eurodrive
14.3.19 Zhejiang Jinlong Electric
14.3.20 Fujian Yuandong Electric Motor
