Global Generator Control Unit market will reach 760 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/11

In an electric power system, Generator Control Unit is a system for adjusting the power output of multiple generators at different power plants, in response to changes in the load. Since a power grid requires that generation and load closely balance moment by moment, frequent adjustments to the output of generators are necessary. The balance can be judged by measuring the system frequency; if it is increasing, more power is being generated than used, which causes all the machines in the system to accelerate. If the system frequency is decreasing, more load is on the system than the instantaneous generation can provide, which causes all generators to slow down.

Currently, The industry is highly concentrated, technical barriers and financial barriers are relatively high. The companies in the world that produce Generator Control Unit mainly concentrate in North America and Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Generator Control Unit, GE take the global market share of more than 17.38%, other key manufacturers include Comap, DSE, Kohler, Emerson, Avionic Instruments etc. The production of Generator Control Unit increased from 1585.49 K Sets in 2011 to 2355.90 K Sets in 2016, with an average growth rate of 8.24%. Global Generator Control Unit capacity utilization rate remained at around 84% in 2016.

Generator Control Unit can be classified as three types, such as Analog GCU and Digital GCU. It can be widely used in many industries. Survey results showed that 39.37% of the Generator Control Unit market is Power Plant, 18.13% is Industry, 13.82% divided among others in 2016. With the development of economy, Countries increasingly stringent environmental requirements，these industries will need more Generator Control Unit. So, Generator Control Unit has a huge market potential in the future.

The global Generator Control Unit market is valued at 590 million US$ in 2017 and will reach 760 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.

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