Credence Research, the leading business intelligence provider, has published its latest research, “Generator Control Units Market 2026″, which gives insights into Generator Control Units in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
This has boosted the sales of generator sets in these regions. Thus, increasing volume of off-grid power consumption has driven the sale of generator sets across the globe. All these factors along with rising demand for uninterrupted power supply is expected drive the demand for generator control units globally. The global market for generator control units (GCUs) is expected to cross US$ 850.0 Mn by 2026 at a CAGR of 4.75% throughout the forecast period from 2018 to 2026.
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Digital GCU offers better control performance in variable frequency power system compared to analog GCUs. Digital GCU offers as easy tuning, modification and no aging compared to analog control units. Owing to the benefits of DGCUs, major avionics and airborne equipment OEMs looking forward to switch from analog generator control units to digital generator controller units. All these factors are expected to increase the adoption of digital GCU over the forecast period.
Based on end-use applications generator control units market is classified into industrial manufacturing, transportation, power plant, residential and commercial. Projected growth in industry verticals such as oil and gas, construction and mining sectors expected to fuel the demand for GCUs in industrial applications.
The aviation and transportation segment is expected to witness the fastest growth during the forecast period. Rising deployment of digital GCUs in this segment is expected to support the market growth over the forecast period. Significant demand from power plant sectors also expected for generator control units with increasing number of power plants globally.
Some major players operating in the global market include Emerson Electric Co., General Electric, ComAp, AMETEK Inc, Lamar Technologies LLC, Air Data Inc, Deep Sea Electronics, Kohler Co., Avionics Instruments LLC, DEIF A/S, Beckwith Electric Co., Inc, SmartGen, Jenoptik AG and others.
- The report presents the brief overview of Generator Control Units Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
- Latest company statement
- Latest news and deals relating to the Generator Control Units products
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Generator Control Units projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Generator Control Units solutions
- The report highlights projected investment on Generator Control Units over the next two years. This will help organizations to allocate budget towards Generator Control Units implementation and business expansion
- The report helps executives plan their adoption of Generator Control Units by providing expected timeframes for implementation
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