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The automatic generation control market is forecasted to grow by USD 247.2 million during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the automatic generation control market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of residential and commercial building projects, growing number of nuclear power plants, and rising renewable power generation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The automatic generation control market is segmented as below:
By Application
- Non-renewable energy power plants
- Renewable energy power plants
By Type
- Turbine governor control
- Load frequency control
- Economic dispatch
By Component
- Equipment
- Solutions
- Services
By End-user
- Utilities
- Industrial
- Commercial
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the automatic generation control market covers the following areas:
- Automatic Generation Control Market sizing
- Automatic Generation Control Market forecast
- Automatic Generation Control Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Component
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automatic generation control market: ABB Ltd., Andritz AG, DEIF AS, Emerson Electric Co., ENERCON GmbH, ETAP Operation Technology Inc., General Electric Co., Hitachi Ltd., Honeywell International Inc., Hubbell Inc., Larsen and Toubro Ltd., Mitsubishi Electric Corp., Regal Beloit Corp., Rockwell Automation Inc., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Suzlon Energy Ltd., Wartsila Corp., and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart grids."
According to the report, one of the major drivers for this market is the increase in number of residential and commercial building projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Andritz AG
- DEIF AS
- Emerson Electric Co.
- ENERCON GmbH
- ETAP Operation Technology Inc.
- General Electric Co.
- Hitachi Ltd.
- Honeywell International Inc.
- Hubbell Inc.
- Larsen and Toubro Ltd.
- Mitsubishi Electric Corp.
- Regal Beloit Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Schweitzer Engineering Laboratories Inc.
- Siemens AG
- Suzlon Energy Ltd.
- Wartsila Corp.
- Yokogawa Electric Corp.