Generator Control Units Market By Product Type (Digital GCU, Analog GCU), End-use Application (Power Plants, Industrial Manufacturing, Aircraft And Transportation, Residential, Commercial) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

Rising demand for power generators to provide uninterrupted power supply and replacing digital technology with analog is driving the growth of generator control units.

The global generator control units market is expected to witness considerable growth due to increasing demand for uninterrupted power supply, particularly during downtime. A power outage results in operational and monetary losses for organizations. For example, it has been observed that one hour of power shutdown results in a loss of $ 100,000 in large organizations. The demand for generators is particularly high in industrial and commercial facilities, as these zones depend highly on the seamless power supply. Perpetual power outages due to constrained power generation and voltage fluctuations impacting business operations influence the swift commercial installation of generators as a reliable power backup source.

This increases the demand for generator control units, particularly in the industrial and commercial sectors. In addition, continuous digital generator control technology development for efficient voltage regulation and protection execution is also expected to be a major driving factor for GCUs. An increasing number of commercial and industrial construction projects and a rising number of power plants, are expected to increase the demand for generator control units globally. As a result, the global market for generator control units is expected to cross US$ 850.0 Mn by 2026 at a CAGR of 4.75% throughout the forecast period from 2018 to 2026.

Digital generator control units (DGCU) are expected to be the most promising product category shortly.

Traditional analog generator control units have limitations when used directly with new high-voltage variable-frequency systems. This increases the demand for digital generator control units, which can be effectively used in high-voltage, variable-frequency applications. In addition, digital GCUs have several other advantages, which are increasing their deployment over analog units. The algorithm of digital generator control units is designed with microprocessors to avoid the aging of devices and the problem of temperature influences. These units also improve the stability of the controller. Moreover, a digital generator control unit modifies control parameters and offers better control accuracy under variable conditions.

Aircraft and transportation are expected to be the most potential segments for the generator control units.

Continuous advancements in digital GCU are increasing its adoption in the aircraft and transportation segments. Increasing deployment of variable-frequency power generation systems and increasing aircraft production are expected to increase the demand for advanced generator control units to attain high-quality power supply at a variable-frequency range between 300 Hz and 800 Hz. In addition, introducing concepts such as more electric aircraft (MEA) and rapid development in aviation technology demand a continuous and quality power supply. This is increasing the demand for generators and generator control units, particularly in the aircraft industry. Significant demand for GCU is also expected from the power plant sector, with expected power generation plant projects worldwide to meet the rising electricity demand.

Asia Pacific is the largest as well as the fastest-growing regional market for generator control units.

In 2017, Asia Pacific accounted for the largest revenue share in the overall generator control units market by region. Increasing industrialization in China and India is the primary factor responsible for the growth of generators and GCUs in the region. Continuous economic growth in India, China, and Southeast Asia is further expected to increase industrialization in the region, which will increase the demand for uninterrupted power supply throughout the forecast period. This is expected to influence the growth of GCU shortly. In addition, supportive government policies are attracting foreign OEMs to invest in the manufacturing industry in India. India is expected to be the most lucrative market for GCU in Asia-Pacific and globally.

Manufacturers are focusing on developing advanced solutions to cater to the needs of different end-use segments.

The global generator control units (GCU) are characterized as highly fragmented, with a large number of multinational players and a sufficient number of local players. Manufacturers are focusing on developing advanced solutions to meet the power supply demands of different end-use segments. For example, Emerson Electric Co. introduced the Ovation excitation system. This integrated control and protection solution for synchronous generators provides advanced features like high-speed operation, dynamic bridge balancing, oscillography, and an independent base adjuster. Platte River Power Authority recently integrated Emerson’s Ovation control system to monitor and control critical processes at Rawhide Energy Station Unit. With this integration, these power units could reduce their start-up and shutdown times by 44% in 2017.

Why is it recommended to invest in our Generator Control Units (GCU) market research study?

This research study on the generator control units (GCU) market provides a complete analysis of industry trends and dynamics for the global market. The report also covers an exhaustive analysis of different types of GCU (i.e., digital and analog) and their end-use applications. It also identifies key market influencing and restraint factors in the global generator control units (GCU) market. The report also provides qualitative and quantitative analysis of all the segments covered in the scope of the study. This research study highlights key potential areas in each product, end-use application, and regional market. This research study also includes a high-level analysis of the generator control units (GCU) industry, which includes value chain analysis, key player positioning, and investment positioning. The report also includes profiles of leading generator control unit manufacturers.

Historical and Forecast Period

This research study analyzes each segment (product type, end-use applications, and regional market) from 2016 to 2026,considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2018 to 2026.

Key questions are answered in this report.

  • What is the global market size of generator control units (GCU)?
  • What are the key potential segments in the global generator control units (GCU) market?
  • Which key developments and market dynamics are driving the growth of the global generator control units (GCU) industry?
  • Who are the major players, and their market-winning strategies in the global market?
  • What are the key technological developments in the industry?
  • Who are the major customers for generator control unit (GCU) manufacturers and suppliers?
  • Which is the largest and most attractive market for generator control units (GCU)?
  • Who are the leading players in each regional market?

Frequently Asked Questions:

The market for Generator Control Units Market is expected to reach US$ 850.0 Mn by 2026.

The Generator Control Units Market is expected to see significant CAGR growth over the coming years, at 4.75%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Emerson Electric Co., General Electric, ComAp, AMETEK In, Lamar Technologies LLC, Air Data Inc are some of the major players in the global market.

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Published Date:  Aug 2018
Category:  Automation & Process Control
Report ID:   59258
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
Delivery Time: 24 Hours to 48 Hours   
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