Automatic Garage Door Operator Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automatic generation control market size has grown rapidly in recent years. It will grow from $12.95 billion in 2024 to $14.27 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to load fluctuations, renewable energy integration, interconnection of grids, demand response programs, generation outages.

The automatic generation control market size is expected to see strong growth in the next few years. It will grow to $20.8 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to increased penetration of distributed energy resources, electric vehicles (EVs) integration, increasing integration of energy markets, and cybersecurity concerns. Major trends in the forecast period include deployment of edge computing, integration of blockchain technology, expansion of virtual power plants (VPPs), emergence of grid-interactive buildings, adoption of multi-agent systems (MAS).

The growing demand for electricity is expected to drive the expansion of the automatic generation control (AGC) market in the coming years. Electricity is the phenomenon resulting from the flow of electric charge, a form of energy produced by the movement of electrons through conductive materials like wires or circuits. The increasing demand for electricity is fueled by factors such as population growth, urbanization, economic development, and technological progress. AGC is employed in power systems to optimize their operations, reduce energy imbalances, and ensure a stable electricity supply. For example, in January 2024, the International Energy Agency, a France-based intergovernmental organization, projected global electricity demand to grow by 3.4% annually through 2026. Electricity's share of total energy consumption rose to 20% in 2023, and data centers, which consumed around 460 terawatt-hours (TWh) in 2022, are expected to use more than 1,000 TWh by 2026. As a result, the rising demand for electricity is fueling the growth of the AGC market.

Leading players in the automatic generation control market are focusing on developing innovative solutions to gain a competitive edge. One notable innovation is the advancement in building control systems, offering sophisticated functionalities for overseeing building operations. Honeywell International Inc., a prominent US-based technology firm, exemplifies this trend with the launch of its Advanced Control for Buildings platform in January 2024. This platform integrates advanced cybersecurity measures, accelerated network speeds, and innovative technologies to revolutionize building management, addressing challenges faced by building managers in optimizing safety, operational efficiency, and energy consumption. Leveraging automation and machine learning, it streamlines operations while ensuring cybersecurity and utilizing existing wiring infrastructures for enhanced network speeds.

In May 2024, Honeywell International Inc., a U.S.-based company specializing in industrial goods and machinery, teamed up with Enel North America to improve building automation and demand response solutions for commercial and industrial sectors. The partnership aims to integrate automated energy load control, helping to stabilize the power grid and optimize operational efficiency during periods of peak demand. Enel North America is a U.S.-based operator of renewable energy.

Major companies operating in the automatic generation control market are Hitachi Ltd., Siemens AG, GE-Alstom Grid LLC, General Electric Co., Mitsubishi Electric Corp., Schneider Electric SE, Honeywell International Inc., ASEA Brown Boveri Ltd., Larsen and Toubro Ltd., Emerson Electric Co., ANDRITZ AG, Rockwell Automation Inc., Wartsila Corp., ENERCON GmbH, Regal-Beloit Corporation, Hubbell Inc., Voith Group, Yokogawa Electric Corp., Woodward Inc., OSI Systems Inc., Schweitzer Engineering Laboratories Inc., DEIF A/S, Maverick Technologies LLC, ETAP Operation Technology Inc., Suzlon Energy Ltd.

Asia-Pacific was the largest region in the automatic generation control market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic generation control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automatic generation control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automatic generation control market consist revenues earned by entities by providing services such as frequency regulation, load following, generation dispatch optimization, and interconnection control. The market value includes the value of related goods sold by the service provider or included within the service offering. The automatic generation control market also includes of sales of AGC software platforms, control system integration, forecasting and analytics tools, and real-time monitoring devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Automatic generation control (AGC) is a critical control process within power systems, operating continuously to maintain a balance between generation and load at the lowest possible cost. It functions to regulate the power output of generators in real-time, aligning it with the constantly fluctuating demand while ensuring the stability and reliability of the overall system.

The primary types of automatic generation control (AGC) include turbine governor control and load frequency control. Turbine governor control involves mechanisms or systems utilized to regulate the speed of a turbine, commonly employed in power generation applications. It encompasses a range of components, including hardware, software, and services, and finds application across various power generation methods, including hydropower plants, thermal power plants, nuclear power plants, solar power plants, and wind power plants.

The automatic generation control market research report is one of a series of new reports that provides automatic generation control market statistics, including automatic generation control industry global market size, regional shares, competitors with a automatic generation control market share, detailed automatic generation control market segments, market trends and opportunities, and any further data you may need to thrive in the automatic generation control industry. This automatic generation control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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