New York, May 23, 2018: The Variable Speed Generator Market is segmented on the lines of its generator type, technology type, power rating, prime mover, end user and regional. Based on generator type is segmented into Variable Speed-Self Excited Induction Generator (SEIG), Doubly Fed Induction Generator (DFIG), Wound Rotor Induction Generator (WRIG) and Permanent Magnet Synchronous Generator (PMSG). Based on technology is segmented into Power Electronics Based Variable Speed Generator and Mechanical Variable Speed Generator. Based on power rating is segmented into Up to 100 kVA, 100 kVA–1 MVA, 1–25 MVA and Above 25 MVA. Based on prime mover is segmented into Wind Turbine, Hydro Turbine, Steam and Gas Turbine and Internal Combustion Engine. Based on end user is segmented into Renewable Power Generation, Hydroelectric Power Generation, Marine and Shipbuilding, Oil & Gas and Mining, Commercial and Residential and Others.

    The scope of the report includes a detailed study of Variable Speed Generator Market with the reasons given for variations in the growth of the industry in certain regions.

    The Variable Speed Generator Market is expected to exceed more than US$ 6 Billion by 2023 at a CAGR of 18.5% in the given forecast period.

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    The major driving factors of Variable Speed Generator Market are as follows:

    • Growing Share of Renewable Power Generation and Increasing Government Mandates
    • Rising Need for Energy Efficiency
    • Increasing Urbanization and Industrialization

    The major restraining factors of Variable Speed Generator Market are as follows:

    • Reluctance to Spend on Distributed Generation

    The major opportunities factor of Variable Speed Generator Market are as follows:

    • Robust Growth in Hvac Systems
    • Renovation, Modernization and Uprating of Outdated Power Infrastructure
    • Applications in Hybrid Energy Systems

    The major challenges factor of Variable Speed Generator Market are as follows:

    • Decreasing Greenfield Investments in Mining and Oil & Gas Industry

    The Variable Speed Generator Market has been segmented as below:

    By Generator Type

    •  Variable Speed-Self Excited Induction Generator (SEIG)
    • Doubly Fed Induction Generator (DFIG)
    • Wound Rotor Induction Generator (WRIG)
    • Permanent Magnet Synchronous Generator (PMSG)

    By Technology Type

    • Power Electronics Based Variable Speed Generator
    • Mechanical Variable Speed Generator

    By Power Rating

    • Up to 100 kVA
    • 100 kVA–1 MVA
    • 1–25 MVA
    • Above 25 MVA

    By Prime Mover

    • Wind Turbine
    • Hydro Turbine
    • Steam and Gas Turbine
    • Internal Combustion Engine

    By End User

    • Renewable Power Generation
    • Hydroelectric Power Generation
    • Marine and Shipbuilding
    • Oil & Gas and Mining
    • Commercial and Residential
    • Others

    This report provides:

    1) An overview of the global market for Variable Speed Generator Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2023.
    3) Identifications of new market opportunities and targeted promotional plans for Variable Speed Generator Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Benchmarking, ABB, Siemens, Yanmar, GE, Whisperpower, Rolls Royce, Wartsila, Innovus Power, Cummins, Ausonia, Generac, Atlas Copco and Fischer Panda. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    1) Obtain the most up to date information available on all Variable Speed Generator Market.

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    Table of Contents

    1. Introduction
    2. Research Methodology
    3. Summary with Insights
    4. Market Overview
    5. Variable Speed Generator Market Analysis, By Generator Type
    6. Variable Speed Generator Market Analysis, By Technology Type
    7. Variable Speed Generator Market Analysis, By Power Rating
    8. Variable Speed Generator Market Analysis, By Movers Type
    9. Variable Speed Generator Market Analysis, By End User
    10. Competitive Overview
    11. Company Profiles

    11.1    Benchmarking

    11.2    ABB

    11.3    Siemens

    11.4    Yanmar

    11.5    GE

    11.6    Whisperpower

    11.7    Rolls Royce

    11.8    Wartsila

    11.9    Innovus Power

    11.10    Cummins

    11.11    Ausonia

    11.12    Generac

    11.13    Atlas Copco

    11.14    Fischer Panda

     

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    Source: http://www.financeswire.com/variable-speed-generator-market-is-determined-to-cross-us-6-billion-by-2023-2