Market Overview:
The global axle generator 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 vehicles and rising concerns over environmental pollution. In addition, the growing trend of electrification in the transportation sector is also contributing to the growth of this market. The global axle generator market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into passenger ship, cargo ship, fishing boat, railway vehicle, automotive, and other applications. Passenger ships are expected to witness high demand due to increase in cruise tourism across different regions worldwide. Cargo ships are also anticipated to experience significant growth owing to rise in international trade activities across different regions globally. Railway vehicles are estimated witness highest CAGR during forecast period as governments around world focus on reducing emissions from transport sector by promoting use electric trains instead diesel locomotives powered by generators set mounted on train’s axles . Automotive is another key application segment for axle generators with sales projected register highest gains through 2030 propelled by accelerating uptake hybrid and all-electric cars globally . Other applications include electrical power generation systems used onboard vessels , oil & gas rigs , military platforms etc . On basis regional analysis , APAC will continue lead Global Axle Generator Market throughout Forecast Period with China being one major contributor followed closely by North America & Europe region .
Product Definition:
Axle Generator is a device that converts mechanical energy into electrical energy. It is used to generate electricity from the motion of a vehicle or other moving object.
Passenger Ship:
Passenger ship is a vessel that carries passengers and/or freight from one place to another. It is generally used to travel across water however it can be used for other purposes as well. The size of the passenger ship can vary depending on the type of service it offers, for instance a cruise liner may have 2,000 rooms but could also carry 60,000 passengers if needed.
The primary function of passenger ships is to transport people.
Cargo Ship:
Cargo ship is a vehicle that is used to transport cargo from one place to another. It has wheels or rollers and it's own propulsion system. The cargo ship can be powered by diesel, steam or electricity. They are generally built for carrying bulk quantities in the holds of ships, thus they have huge storage space and strong hold which can carry heavy load without any damage.
Application Insights:
The transportation segment dominated the global axle generator market in 2017, accounting for over 60.0% share of the overall revenue. The application of these generators on board a large number of vessels, including cruise ships and ferries is expected to drive product demand in this segment over the forecast period.
The automotive sector is also expected to witness significant growth owing to increasing demand for electric vehicles across various regions globally. Various governments are taking numerous initiatives and steps toward promoting electric vehicle manufacturing globally; as a result, demand for such generators that are used in automotive applications will increase further driving the global market growth during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to the increasing demand for electric traction vehicles and industrial machinery in countries such as China and India. The growing manufacturing sector in these countries is also likely to boost product demand over the forecast period.
The market in Europe was valued at USD X million in 2017 owing to a rise in shipbuilding activities across several European nations due to an increase of trade with Asia Pacific and Africa. Moreover, stringent regulations by various regulatory bodies such as American Bureau of Shipping (ABS) regarding safety features on vessels are projected to drive product adoption across this region over the next eight years.
Growth Factors:
- Increasing demand for electric vehicles
- Growing awareness about the benefits of using axle generators
- Rising number of renewable energy projects across the globe
- Proliferation of microgrids and distributed generation systems
- Development of innovative axle generator technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Axle Generator Market Research Report
By Type
Passenger Ship, Cargo Ship, Fishing Boat, Railway Vehicle, Automotive, Other
By Application
Transportation, Automotive, Electrical Power, Other
By Companies
Keschwari Electronic Systems GmbH & Co., TMV Control Systems Inc., Kiepe Electric, Hyliion, ZTR, FAG Kugelfischer, Keschwari Electronic Systems GmbH & Co.
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Axle Generator Market Report Segments:
The global Axle Generator market is segmented on the basis of:
Types
Passenger Ship, Cargo Ship, Fishing Boat, Railway Vehicle, Automotive, Other
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
Transportation, Automotive, Electrical Power, 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:
- Keschwari Electronic Systems GmbH & Co.
- TMV Control Systems Inc.
- Kiepe Electric
- Hyliion
- ZTR
- FAG Kugelfischer
- Keschwari Electronic Systems GmbH & Co.
Highlights of The Axle Generator 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:
- Passenger Ship
- Cargo Ship
- Fishing Boat
- Railway Vehicle
- Automotive
- Other
- By Application:
- Transportation
- Automotive
- Electrical Power
- 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 Axle Generator 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An axle generator is a device that converts rotational energy into electrical power. This power can then be used to operate various devices, such as lights and motors.
Some of the major players in the axle generator market are Keschwari Electronic Systems GmbH & Co., TMV Control Systems Inc., Kiepe Electric, Hyliion, ZTR, FAG Kugelfischer, Keschwari Electronic Systems GmbH & Co..
The axle generator 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 Axle Generator 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 Axle Generator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Axle Generator 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 Axle Generator 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 Axle Generator Market Size & Forecast, 2018-2028
4.5.1 Axle Generator Market Size and Y-o-Y Growth
4.5.2 Axle Generator Market Absolute $ Opportunity
Chapter 5 Global Axle Generator 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 Axle Generator Market Size Forecast by Type
5.2.1 Passenger Ship
5.2.2 Cargo Ship
5.2.3 Fishing Boat
5.2.4 Railway Vehicle
5.2.5 Automotive
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Axle Generator 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 Axle Generator Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Automotive
6.2.3 Electrical Power
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Axle Generator 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 Axle Generator 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 Axle Generator Analysis and Forecast
9.1 Introduction
9.2 North America Axle Generator 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 Axle Generator Market Size Forecast by Type
9.6.1 Passenger Ship
9.6.2 Cargo Ship
9.6.3 Fishing Boat
9.6.4 Railway Vehicle
9.6.5 Automotive
9.6.6 Other
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 Axle Generator Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Automotive
9.10.3 Electrical Power
9.10.4 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 Axle Generator Analysis and Forecast
10.1 Introduction
10.2 Europe Axle Generator 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 Axle Generator Market Size Forecast by Type
10.6.1 Passenger Ship
10.6.2 Cargo Ship
10.6.3 Fishing Boat
10.6.4 Railway Vehicle
10.6.5 Automotive
10.6.6 Other
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 Axle Generator Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Automotive
10.10.3 Electrical Power
10.10.4 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 Axle Generator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Axle Generator 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 Axle Generator Market Size Forecast by Type
11.6.1 Passenger Ship
11.6.2 Cargo Ship
11.6.3 Fishing Boat
11.6.4 Railway Vehicle
11.6.5 Automotive
11.6.6 Other
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 Axle Generator Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Automotive
11.10.3 Electrical Power
11.10.4 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 Axle Generator Analysis and Forecast
12.1 Introduction
12.2 Latin America Axle Generator 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 Axle Generator Market Size Forecast by Type
12.6.1 Passenger Ship
12.6.2 Cargo Ship
12.6.3 Fishing Boat
12.6.4 Railway Vehicle
12.6.5 Automotive
12.6.6 Other
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 Axle Generator Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Automotive
12.10.3 Electrical Power
12.10.4 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) Axle Generator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Axle Generator 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) Axle Generator Market Size Forecast by Type
13.6.1 Passenger Ship
13.6.2 Cargo Ship
13.6.3 Fishing Boat
13.6.4 Railway Vehicle
13.6.5 Automotive
13.6.6 Other
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) Axle Generator Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Automotive
13.10.3 Electrical Power
13.10.4 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 Axle Generator Market: Competitive Dashboard
14.2 Global Axle Generator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keschwari Electronic Systems GmbH & Co.
14.3.2 TMV Control Systems Inc.
14.3.3 Kiepe Electric
14.3.4 Hyliion
14.3.5 ZTR
14.3.6 FAG Kugelfischer
14.3.7 Keschwari Electronic Systems GmbH & Co.
