The global low speed generator market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by the increasing demand for low speed generators in oil and gas equipment applications, such as oil equipment and gas equipment. Low speed generators are used in oil and gas equipment due to their high efficiency, which reduces fuel consumption and emissions.
The global low speed generator market is segmented on the basis of type into synchronous generators and asynchronous generators; on the basis of application into oil equipment and gas equipment; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The synchronous generator segment accounted for a larger share in 2017 owing to its higher efficiency levels than asynchronous generators.
- The demand for oil and gas is expected to increase in the coming years, which will lead to an increased demand for low speed generators.
- The need for low speed generators is expected to grow as the number of offshore platforms increases, which will require more power generation equipment.
- Low speed generators are used in a variety of industries, including oil and gas production, refining, petrochemical processing and transportation.
- Low speed generators are used in a variety of applications such as power generation on offshore platforms or onshore facilities that require backup power sources during emergencies or blackouts; providing auxiliary power at remote sites; powering electric motors; providing emergency backup power during natural disasters; powering pumps and other equipment at remote sites where there is no access to commercial electricity supply lines; powering electric motors that drive compressors or fans at remote sites where there is no access to commercial electricity supply lines; generating electricity from renewable energy sources such as solar panels or wind turbines when there is no access to commercial electricity supply lines.
- Low-speed generator manufacturers have been investing heavily in research and development activities over the past few years.
Industry Growth Insights published a new data on “Low Speed Generator for Oil & Gas Equipment Market”. The research report is titled “Low Speed Generator for Oil & Gas Equipment Market research by Types (Synchronous Generator, Asynchronous Generator), By Applications (Oil Equipment, Gas Equipment), By Players/Companies ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG, Teco, Emerson, MEIDENSHA, Wolong Electric, Rockwell Automation, Franklin Electric, Zhongda Motor, XIZI FORVORDA, Ametek, Allied Motion, JEUMONT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Speed Generator for Oil & Gas Equipment Market Research Report
By Type
Synchronous Generator, Asynchronous Generator
By Application
Oil Equipment, Gas Equipment
By Companies
ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG, Teco, Emerson, MEIDENSHA, Wolong Electric, Rockwell Automation, Franklin Electric, Zhongda Motor, XIZI FORVORDA, Ametek, Allied Motion, JEUMONT
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Low Speed Generator for Oil & Gas Equipment Market Report Segments:
The global Low Speed Generator for Oil & Gas Equipment market is segmented on the basis of:
Types
Synchronous Generator, Asynchronous Generator
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
Oil Equipment, Gas Equipment
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
- Mitsubishi
- GE
- HITACHI
- Nidec
- Toshiba
- Regal Beloit
- WEG
- Teco
- Emerson
- MEIDENSHA
- Wolong Electric
- Rockwell Automation
- Franklin Electric
- Zhongda Motor
- XIZI FORVORDA
- Ametek
- Allied Motion
- JEUMONT
Highlights of The Low Speed Generator for Oil & Gas Equipment 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:
- Synchronous Generator
- Asynchronous Generator
- By Application:
- Oil Equipment
- Gas Equipment
- 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 Low Speed Generator for Oil & Gas Equipment 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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- Correctly Positioning New Products
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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?
A low speed generator is a type of electric generator that operates at a slower speed than standard generators. This allows it to produce less noise and more power for oil & gas equipment.
Some of the major companies in the low speed generator for oil & gas equipment market are ABB, Siemens, Mitsubishi, GE, HITACHI, Nidec, Toshiba, Regal Beloit, WEG, Teco, Emerson, MEIDENSHA, Wolong Electric, Rockwell Automation, Franklin Electric, Zhongda Motor, XIZI FORVORDA, Ametek, Allied Motion, JEUMONT.
The low speed generator for oil & gas equipment market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Speed Generator for Oil & Gas Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low Speed Generator for Oil & Gas Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Speed Generator for Oil & Gas Equipment Market - Supply Chain
4.5. Global Low Speed Generator for Oil & Gas Equipment Market Forecast
4.5.1. Low Speed Generator for Oil & Gas Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Speed Generator for Oil & Gas Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Speed Generator for Oil & Gas Equipment Market Absolute $ Opportunity
5. Global Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Type
5.3.1. Synchronous Generator
5.3.2. Asynchronous Generator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
6.3.1. Oil Equipment
6.3.2. Gas Equipment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low Speed Generator for Oil & Gas Equipment Demand Share Forecast, 2019-2026
9. North America Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
9.4.1. Oil Equipment
9.4.2. Gas Equipment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Type
9.7.1. Synchronous Generator
9.7.2. Asynchronous Generator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low Speed Generator for Oil & Gas Equipment Demand Share Forecast, 2019-2026
10. Latin America Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
10.4.1. Oil Equipment
10.4.2. Gas Equipment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Type
10.7.1. Synchronous Generator
10.7.2. Asynchronous Generator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low Speed Generator for Oil & Gas Equipment Demand Share Forecast, 2019-2026
11. Europe Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
11.4.1. Oil Equipment
11.4.2. Gas Equipment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Speed Generator for Oil & Gas Equipment Market Size and Volme Forecast by Type
11.7.1. Synchronous Generator
11.7.2. Asynchronous Generator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low Speed Generator for Oil & Gas Equipment Demand Share, 2019-2026
12. Asia Pacific Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
12.4.1. Oil Equipment
12.4.2. Gas Equipment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Type
12.7.1. Synchronous Generator
12.7.2. Asynchronous Generator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low Speed Generator for Oil & Gas Equipment Demand Share, 2019-2026
13. Middle East & Africa Low Speed Generator for Oil & Gas Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low Speed Generator for Oil & Gas Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Application
13.4.1. Oil Equipment
13.4.2. Gas Equipment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Speed Generator for Oil & Gas Equipment Market Size and Volume Forecast by Type
13.7.1. Synchronous Generator
13.7.2. Asynchronous Generator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low Speed Generator for Oil & Gas Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Speed Generator for Oil & Gas Equipment Market: Market Share Analysis
14.2. Low Speed Generator for Oil & Gas Equipment Distributors and Customers
14.3. Low Speed Generator for Oil & Gas Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HITACHI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nidec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toshiba
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Regal Beloit
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WEG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Teco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Emerson
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MEIDENSHA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wolong Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rockwell Automation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Franklin Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zhongda Motor
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. XIZI FORVORDA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ametek
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Allied Motion
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. JEUMONT
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
