Global Induction Generator Market 2024-2030
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Global Induction Generator Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

INDUCTION GENERATOR MARKET

 

INTRODUCTION

An alternating current (AC) electrical generator known as an induction generator, also known as an asynchronous generator, generates electricity using the same principles as induction motors. Mechanically rotating their rotors faster than synchronous speed is how induction generators work.

 

Typically, a standard AC induction motor can function as a generator without requiring any internal alterations. Induction generators are helpful in applications like micro hydro power plants, wind turbines, or decreasing high-pressure gas streams to lower pressure because they can recover energy with comparatively simple controls.

 

Reactive excitation current is drawn from an external source using an induction generator. Unlike synchronous machines, which can bootstrap utilising residual magnetism to black start a de-energized distribution system, induction generators have an AC rotor.

 

Externally installed power factor-correcting capacitors can be used to offset a fixed amount of the variable reactive excitation current.

 

A capacitor bank can be used by an induction generator to generate reactive excitation current after it has started, however the isolated power system's voltage and frequency are not self-regulating and are easily unstable. 

 

INDUCTION GENERATOR MARKET SIZE AND FORECAST

 

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The Global Induction generator market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

INDUCTION GENERATOR MARKET RECENT DEVELOPMENT

Effectively Utilising Wind Energy with a Sun Integrated Doubly Fed Induction Generator. The Doubly-Fed Induction Generator (DFIG) is a standard, dual-input asynchronous device connected across both the stator and the rotor that also serves as an electrical transducer and can use up to 30% of the power produced during rotor injection. This is the main issue with the DFIG's ability to generate power effectively.

 

By linking the DFIG with a collection of solar Photovoltaic (PV) panels via a typical direct current bus and a boost converter, the proposed method addresses this unwelcome power loss.

 

In order to maintain the constant DC voltage under arbitrary circumstances, this study setup can function on the basis of indirect vector control algorithms performed at the rotor and grid converter level.

 

With this cutting-edge strategy, even voltage and frequency changes will be under control. Using the MATLAB/Simulink environment, a simulation model of a 2MW DFIG system and a 300KW solar PV array is created.

 

In order to reduce the power rating of the converters and power consumption from the grid, solar and wind energy sources incorporate Maximum Power Point Tracking (MPPT) through their control algorithms, resulting in the addition of 30-80 KW of solar power for rotor injection compared to the existing system.

 

INDUCTION GENERATOR MARKET COMPANY PROFILES

  • ABB
  • GE
  • Brush HMA
  • Techtop
  • Victron Energy
  • SycoTec
  • Sicme Motori
  • Robert Bosch

 

INDUCTION GENERATOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Induction generators are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Induction generator and key vendor selection criteria
  3. Where is the Induction generator manufactured? What is the average margin per unit?
  4. Market share of Global Induction generator market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Induction generator in-house
  6. key predictions for next 5 years in Global Induction generator market
  7. Average B-2-B Induction generator market price in all segments
  8. Latest trends in Induction generator market, by every market segment
  9. The market size (both volume and value) of the Induction generator market in 2024-2030 and every year in between?
  10. Production breakup of Induction generator market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix