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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A sort of electric generator that transforms mechanical energy into electrical energy is an in-line permanent magnet shaft generator system. It is made up of a stator, which houses a number of copper windings, and a shaft with a rotor that rotates inside.
Permanent magnets installed in the rotor create a magnetic field that travels through the stator's windings and induces an electrical current. This current can be routed back into the electrical grid or used to power a variety of devices.
The generator's in-line design, which aligns the rotor and stator along the same axis, makes for a small, effective system. The generator design is made simpler and requires less maintenance thanks to the permanent magnets in the rotor, which also do away with the need for a separate excitation system.
Systems with in-line permanent magnet shaft generators are frequently employed in hydroelectric power plants, wind turbines, and other renewable energy applications. They may produce thrust for propulsion as well as electric power for onboard equipment, making them useful in maritime propulsion systems.
Global in-line permanent magnet shaft generator system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The biggest shipping firm in China, COSCO Shipping, has placed ABB's first order for in-line permanent magnet shaft generator systems. The permanent magnet shaft generator system can save up to 17% on fuel when compared to conventional diesel generator sets (single unit).
The agreement confirms the expanding market viability of the technologies as a means of enhancing ship efficiency. The order includes systems for six New Panamax 14000 TEU vessels and four 16,000 TEU vessels, and it is scheduled for delivery by the end of 2025. (Ulta Large Container Vessels, ULCVs).
The Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII), two new regulatory criteria being introduced by the International Maritime Organization (IMO), will go into effect in January 2023.
The COSCO vessels will be able to attain essential efficiency levels and CII ratings, which demonstrate decreased GHG emissions, with the aid of ABB's permanent magnet shaft generator technology.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |