Alternator Market

Market Insights

Alternators are devices that convert any kind of mechanical energy from a prime mover into alternating electric power (AC current) at a specific voltage and frequency. Since their first introduction, alternators have become an essential part of modern power generation systems. The rising demand for power for a variety of applications has resulted in an increase in the penetration of alternators. Applications such as automotive, industrial manufacturing and processing, power plants, and many others make extensive use of alternators in order to fulfill their power requirements. Alternators are used extensively in power generation plants using non-conventional energy sources.

The post-recession revival of the automotive industry is one of the major factors contributing to the rise in demand for alternators. Every modern on-road vehicle is equipped with an alternator in order to provide AC electricity to different modules of the vehicle. With the consistent rise in the automotive industry, the demand for alternators is also expected to demonstrate considerable growth during the forecast period. Similarly, perpetually rising power consumption across applications such as marine, telecommunication towers, commercial, and residential infrastructures is another prominent factor promoting the alternator market. In addition, alternators are used for locomotive traction motors, marine applications, and mining applications. Growing heavy industries and a consistent rise in demand for AC power supplies are expected to continue boosting the overall alternator market in the following years.

The report titled “Alternator Market: Growth, Future Prospects, and Competitive Landscape, 2017–2025” offers strategic insights into the global alternator market, with market size and estimates for the duration of 2015–2025. The research study in question includes an in-depth examination of multiple market segments based on voltage, design, and application and a cross-sectional study across various geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes competitive profiling of the leading alternator manufacturers, their strategies, market positioning, and key developments to assist strategic decision-makers.Some of the major players profiled in the report include Controlled Power Technologies, Ltd., Valeo Group, Lucas Electrical, Ltd., ASIMCO Technologies, Ltd., Hitachi Automotive Systems, Ltd., Hella KGaA Hueck & Co. (Japan), Mitsubishi Electric Corporation, The Bosch Group, Denso Corporation, Mitsuba Corporation, Cummins, Inc., and Emerson Electric Co., among others.

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the alternator market.
• Market fuels, market impediments, and their impact on market growth
• Market inclination insights, including the evolution of alternators and key trend analysis for the alternator market
• in-depth competitive environment analysis
• Trailing 2-year market size data (2015–2016)
• SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global alternator market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global alternator market is segmented, based on voltage capacity, into the following categories:

• (0-1000V) Low Voltage
• Medium Voltage (1000–5000 V)
• High Voltage (5000 V or higher)

As of 2016, the low voltage segment (ranging from 0 to 1000 volts) is the largest segment, in terms of revenue, of the overall alternator market worldwide. Low-voltage alternators are extensively used in automobiles and small and medium-capacity standby power equipment. With the consistent rise in automobile consumption around the world, demand for low-voltage alternators is expected to rise at a rapid pace. In addition, increasing power consumption and the growing trend of using standby power equipment such as portable generators are also aiding the low-voltage alternator segment in maintaining its dominance in the overall alternator market.

As of 2016, the high-voltage alternator segment trails the low-voltage alternator segment in terms of revenue. High-voltage alternators ranging from 5000 volts and above are used in a variety of high-voltage applications, such as marine, railway locomotives, high-power generation equipment, and mining. High-voltage alternators are also used in non-conventional energy generation stations, including wind turbines, hydroelectric power plants, and tidal energy power stations. The growing inclination toward non-conventional power sources is generating major demand for high-voltage alternators. Consequently, the high-voltage alternator market is expected to grow at a high rate during the forecast period.

The global alternator market is segmented, based on its applications, into the following categories:

• Automotive
• Industrial Manufacturing and Processing
• Power Plant
• Marine
• Standby Power
• Others

As of 2016, the automotive segment dominated the overall alternator market. Alternators are extensively used in automobiles for power generation so as to run the related electronic modules. They derive power from the engine and generate the energy to charge the battery and supply the electric power necessary for the vehicle’s utilities. With the rise in the number of electronic modules in modern-day automobiles, the power requirement of automobiles has also increased significantly. In addition, consistent growth in the automotive sector, especially in the Asia Pacific region, has increased the penetration of automotive alternators. In the following years, the automotive segment is estimated to retain its dominant position in the overall market.

In terms of revenue, the standby power segment trails the automotive application segment. The segment’s growth is primarily driven by the increasing installation of standby power equipment and generators across commercial and industrial sectors. Alternators are extensively used in such equipment to convert mechanical motion into AC power. In addition, standby power equipment is used to supply continuous power to telecommunication towers. Due to its expanding application area, the segment would demonstrate promising growth in the following years.

The global alternator market has been segmented on the basis of geographical regions, as per the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

As of 2016, the alternator market is dominated by the Asia Pacific region, which contributes more than 40% of the total market revenue. The market here is primarily driven by countries with high energy consumption, such as Japan, China, India, and South Korea, among others. The energy requirement of these regions is considerably high due to the strong industrial manufacturing and processing sectors here. Furthermore, Asia Pacific’s thriving automotive industries are driving up demand for alternators in this region. Consequently, Asia Pacific is expected to continue its dominance throughout the forecast period.

The European alternator market succeeds the Asia Pacific region in terms of revenue. The high preference for non-conventional energy sources has significantly influenced the demand for high-voltage alternators in European countries.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Alternator Market
2.2 Global Alternator Market, By Voltage Range
2.3 Global Alternator Market, By Design
2.4 Global Alternator Market, By Application
2.5 Global Alternator Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Alternator Market Revenue, 2015 – 2025, (US$ Mn)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition
3.4 Market Inclination Insights: Alternator
3.4.1 Key Trends Analysis

Chapter 4 Global Alternator Market, By Voltage Range
4.1 Overview
4.2 Low Voltage
4.2.1 Global Low Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
4.3 Medium Voltage
4.3.1 Global Medium Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
4.4 High Voltage
4.4.1 Global High Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 5 Global Alternator Market, By Design
5.1 Overview
5.2 Salient Pole Type
5.2.1 Global Alternator Market for Salient Pole Type Revenue and Growth, 2015 – 2025, (US$ Mn)
5.3 Smooth Cylindrical Type
5.3.1 Global Alternator Market for Smooth Cylindrical Type Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 6 Global Alternator Market, By Application
6.1 Overview
6.2 Automotive
6.2.1 Global Alternator Market for Automotive Revenue and Growth, 2015 – 2025, (US$ Mn)
6.3 Industrial
6.3.1 Global Alternator Market for Industrial Revenue and Growth, 2015 – 2025, (US$ Mn)
6.4 Marine
6.4.1 Global Alternator Market forMarine Revenue and Growth, 2015 – 2025, (US$ Mn)
6.5 Power Plant
6.5.1 Global Alternator Market for Power Plant Revenue and Growth, 2015 – 2025, (US$ Mn)
6.6 Stand-by Power
6.6.1 Global Alternator Market forStand-by Power Revenue and Growth, 2015 – 2025, (US$ Mn)
6.7 Others
6.7.1 Global Alternator Market forOthers Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 7 North America Alternator Market Analysis
7.1 Overview
7.1.1 North America Alternator Market Revenue and Growth, 2016-2025, (US$ Mn) (Y-o-Y %)
7.2 North America Alternator Market Analysis, By Voltage Range , 2016 – 2026 (US$ Mn)
7.2.1 Comparative Analysis
7.3 North America Alternator Market Analysis, By Design , 2016 – 2026 (US$ Mn)
7.3.1 Comparative Analysis
7.4 North America Alternator Market Analysis, By Application , 2016 – 2026 (US$ Mn)
7.4.1 Comparative Analysis
7.5 North America Alternator Market Analysis, By Countries, 2016 – 2026 (US$ Mn)
7.5.1 U.S.
7.5.1 Canada

Chapter 8 Europe Alternator Market Analysis
8.1 Overview
8.1.1 Europe Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
8.2 Europe Alternator Market Analysis, By Voltage Range , 2015 – 2025 (US$ Mn)
8.2.1 Comparative Analysis
8.3 Europe Alternator Market Analysis, By Design , 2015 – 2025 (US$ Mn)
8.3.1 Comparative Analysis
8.4 Europe Alternator Market Analysis, By Application , 2015 – 2025 (US$ Mn)
8.4.1 Comparative Analysis
8.5 Europe Alternator Market Analysis, By Countries, 2015 – 2025 (US$ Mn)
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe

Chapter 9 Asia Pacific Alternator Market Analysis
9.1 Overview
9.1.1 Asia Pacific Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
9.2 Asia Pacific Alternator Market Analysis, By Voltage Range , 2015 – 2025 (US$ Mn)
9.2.1 Comparative Analysis
9.3 Asia Pacific Alternator Market Analysis, By Design , 2015 – 2025 (US$ Mn)
9.3.1 Comparative Analysis
9.4 Asia Pacific Alternator Market Analysis, By Application , 2015 – 2025 (US$ Mn)
9.4.1 Comparative Analysis
9.5 Asia Pacific Alternator Market Analysis, By Countries, 2015 – 2025 (US$ Mn)
9.5.1 Japan
9.5.2 China
9.5.3 India
9.5.4 Rest of Asia Pacific

Chapter 10 Rest of the World (RoW) Alternator Market Analysis
10.1 Overview
10.1.1 RoW Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
10.2 RoW Alternator Market Analysis, By Voltage Range , 2015 – 2025 (US$ Mn)
10.2.1 Comparative Analysis
10.3 RoW Alternator Market Analysis, By Design , 2015 – 2025 (US$ Mn)
10.3.1 Comparative Analysis
10.4 RoW Alternator Market Analysis, By Application , 2015 – 2025 (US$ Mn)
10.4.1 Comparative Analysis
10.5 RoW Alternator Market Analysis, By Region, 2015 – 2025 (US$ Mn)
10.5.1 Latin America
10.5.2 Middle East and Africa

Chapter 11 Company Profiles
11.1 Controlled Power Technologies, Ltd.
11.1.1 Controlled Power Technologies, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.2 Valeo Group
11.2.1 M Valeo Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.3 Lucas Electrical, Ltd.
11.3.1 Lucas Electrical, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.4 Controlled Power Technologies, Ltd.
11.4.1 Controlled Power Technologies, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.5 ASIMCO Technologies Ltd.
11.5.1 ASIMCO Technologies Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.6 Hitachi Automotive Systems, Ltd.
11.6.1 Hitachi Automotive Systems, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.8 Hella KGaA Hueck & Co
11.8.1 Hella KGaA Hueck & Co: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.8 Mitsubishi Electric Corporation
11.8.1 Mitsubishi Electric Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.10 The Bosch Group
11.10.1 The Bosch Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.10 Denso Corporation
11.10.1 Denso Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.11 Mitsuba Corporation
11.11.1 Mitsuba Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.12 Cummins, Inc.
11.12.1 Cummins, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.13 Emerson, Electric, Co.
11.13.1 Emerson, Electric, Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

List of Figures

FIG. 1 Global Alternator Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Alternator Market, By Voltage Range , 2015 (US$ Mn)
FIG. 4 Global Alternator Market, By Design , 2015 (US$ Mn)
FIG. 5 Global Alternator Market, By Application , 2015 (US$ Mn)
FIG. 6 Global Alternator Market, By Geography, 2015 (US$ Mn)
FIG. 7 Global Alternator Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 9 Attractive Investment Proposition
FIG. 10 Global Alternator Market Revenue Share, By Voltage Range , 2015 – 2025, (Revenue Share)
FIG. 11 Global Alternator Market Revenue Share, By Design , 2015 – 2025, (Revenue Share)
FIG. 12 Global Alternator Market Revenue Share, By Application , 2015 – 2025, (Revenue Share)
FIG. 13 Global Low Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 14 Global Medium Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 15 Global High Voltage Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 16 Global Salient Pole Type Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 17 Global Smooth Cylindrical Type Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 18 Global Alternator Market for Automotive Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 19 Global Alternator Market for Industrial Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 20 Global Alternator Market for Marine Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 21 Global Alternator Market for Power Plant Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 22 Global Alternator Market for Stand-by Power Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 23 Global Alternator Market for Others Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 24 North America Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 25 Europe Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 26 Asia Pacific Alternator Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 27 RoW Alternator Market Revenue, 2015 – 2025, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Alternator Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Alternator Market Revenue, By Voltage Range, 2015 – 2025 (US$ Mn)
TABLE 5 North America Alternator Market Revenue, By Design, 2015 – 2025 (US$ Mn)
TABLE 6 North America Alternator Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Alternator Market Revenue, By Voltage Range, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Alternator Market Revenue, By Design, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Alternator Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific Alternator Market Revenue, By Voltage Range, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Alternator Market Revenue, By Design, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific Alternator Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 13 RoW Alternator Market Revenue, By Voltage Range , 2015 – 2025 (US$ Mn)
TABLE 14 RoW Alternator Market Revenue, By Design , 2015 – 2025 (US$ Mn)
TABLE 15 RoW Alternator Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 16 Controlled Power Technologies, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 17 Valeo Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 18 Lucas Electrical, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 19 Controlled Power Technologies, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 20 ASIMCO Technologies Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Hitachi Automotive Systems, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 Hella KGaA Hueck & Co: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 Mitsubishi Electric Corporation : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 The Bosch Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 Denso Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 Mitsuba Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 Cummins, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 Emerson, Electric, Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)