NEW YORK, July 3, 2021 /PRNewswire/ — The automatic generation control market is poised to grow by USD 203.27 million during 2021-2025, progressing at a CAGR of over 4% during the forecast period.
Request a free sample report for more insights
Read the 120-page report with TOC on “Automatic Generation Control Market Analysis Report by Application (Non-renewable energy power plants and Renewable energy power plants), Geography (North America, APAC, Europe, South America, and MEA), and the Segment Forecasts, 2021-2025″.
The market is driven by the increasing number of residential and commercial building projects. In addition, the increasing renewable power generation is anticipated to boost the growth of the automatic generation control market.
Factors such as population expansion and regulatory support from governments have increased the number of commercial and residential buildings across the world. This is evident in developing countries such as the UAE, Saudi Arabia, India, and China. The growth in the number of residential and commercial establishments is subsequently increasing the electricity demand. Automatic generation control is extensively used in power plants to regulate power generation. Thus, with the increasing residential and commercial building projects, the demand for automatic generation control will increase during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Automatic Generation Control Companies:
ABB Ltd.
The company offers a comprehensive range of automation applications including automatic generation control.
Andritz AG
The company offers automation services from starting with quotation engineering, project management, hardware and software engineering, to erection work, start-up and operator training, and continuing with maintenance and engineering work for expansions and improvements.
DEIF AS
The company offers ALC, which is an integrated part of DEIF power management systems.
ENERCON GmbH
The company offers Supervisory Control and Data Acquisition system which comprises all components for data acquisition, remote monitoring, and control of a wind farm.
General Electric Co.
The company offers Advanced Energy Management System.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
Automatic Generation Control Market Application Outlook (Revenue, USD Million, 2020-2025)
- Non-renewable energy power plants – size and forecast 2020-2025
- Renewable energy power plants – size and forecast 2020-2025
Automatic Generation Control Market Geography Outlook (Revenue, USD Million, 2020-2025)
- North America – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Request a free sample report
Related Reports on Industrials Include:
Global Automatic Power Factor Controller Market – Global automatic power factor controller market is segmented by product (active power factor controller and passive power factor controller), end-user (process industries and discrete industries), and geography (APAC, North America, Europe, South America, and MEA).
Download Exclusive Free Sample Report
Global Industrial Emission Control Systems Market – Global industrial emission control systems market is segmented by end-user (oil and gas, power generation, iron and steel, cement, and others) and geography (APAC, North America, Europe, MEA, and South America).
Download Exclusive Free Sample Report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/automatic-generation-control-market-industry-analysis
Newsroom: newsroom.technavio.com/news/automatic-generation-controlmarket
View original content to download multimedia:https://www.prnewswire.com/news-releases/automatic-generation-control-market-featuring-abb-ltd-and-andritz-ag–technavio-301324766.html
SOURCE Technavio
Source link
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
