Synchronous Generator Market: Trends, Opportunities and Competitive Analysis [2023-2028]
New Revenue Pockets:
The global synchronous generator market size is estimated to be USD 4.7 billion in 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6% during the forecast period. Synchronous generators are essential in power plants for generating electricity on a large scale as they provide grid stability, high efficiency, voltage regulations and synchronization...
Synchronous Generator Market Size to Hit $5.9 Billion by 2028
Synchronous Generator Market size is estimated to be USD 4.7 billion by 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6% according to a new report by MarketsandMarkets™. A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion device that converts mechanical energy from sources such as engines and turbines into electrical...