Global Electrical Rotating Generator Market to 2032
Overview
The Global Electrical Rotating Generator Market is expected to reach a 4.93 USD Billion by 2032 and is projected to grow at a CAGR of 5.05% from 2025 to 2032.
Revenue, 2024 (USD Billion)
3.43
Forecast, 2032 (USD Billion)
4.93
CAGR, 2024 - 2032
5.05%
Report Coverage
Global
Global Electrical Rotating Generator Market 2018-2032 USD Billion
Global Electrical Rotating Generator Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 3.43 USD Billion
- Projected Market Size (2032): 4.93 USD Billion
- CAGR (2025-2032): 5.05%
Key Findings of Global Electrical Rotating Generator Market
- The Global Electrical Rotating Generator Market was valued at 4.93 USD Billion in 2024.
- The Global Electrical Rotating Generator Market is likely to grow at a CAGR of 5.05% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment New Installation in Installation Segment accounted for the largest share of the market with a revenue of 2.48 USD Billion
- The fastest growing segment Hybrid-Electric Locomotive Model with Battery Energy Storage in Form Segment grew Fastest with a CAGR of 5.72% during the forecast period from 2024 to 2032.
Global Electrical Rotating Generator Market Scope
Global Electrical Rotating Generator Market Segmentation & Scope
Capacity
- AC
- DC
Locomotive Type
- Freight Train
- Passenger Train
- Mixed
Installation
- Retrofit
- New Installation
Type
- Electrically Excited Synchronous Generators
- Permanent Excited Synchronous Generators (PMG)
- Induction Generators
Function
- Traction Generators
- Auxiliary Generators
- Axle Generators
- Others
Form
- Conventional Diesel-Electric Locomotive Engine
- Power Packs Under the Locomotive
- Hybrid-Electric Locomotive Model with Battery Energy Storage
Power Rating
- Less than 500 KW
- 500 KW- 1000 KW
- 1000 KW-2000 KW
- More than 2000 KW
Mounting
- Single Bearing
- Double Bearing
Global Electrical Rotating Generator Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 3.43 USD Billion |
| Market Value in 2032 | 4.93 USD Billion |
| CAGR (2025-2032) | 5.05% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Capacity,Locomotive Type,Installation,Type,Function,Form,Power Rating,Mounting |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 3.43 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 679.69 USD Million in 2024.
Segments and Scope
-
Global Electrical Rotating Generator Market to 2032, By Capacity
- AC is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 2.31 USD Billion in the year 2024.
- AC is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.14 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Locomotive Type
- Freight Train is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 2.10 USD Billion in the year 2024.
- Freight Train is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.29 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Installation
- New Installation is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 2.48 USD Billion in the year 2024.
- New Installation is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.18 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Type
- Electrically Excited Synchronous Generators is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 1.80 USD Billion in the year 2024.
- Electrically Excited Synchronous Generators is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.31 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Function
- Traction Generators is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 1.56 USD Billion in the year 2024.
- Traction Generators is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.64 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Form
- Conventional Diesel-Electric Locomotive Engine is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 1.98 USD Billion in the year 2024.
- Hybrid-Electric Locomotive Model with Battery Energy Storage is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 4.98 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Power Rating
- Less than 500 KW is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 1.38 USD Billion in the year 2024.
- Less than 500 KW is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.71 % in forecast period 2025-2032.
-
Global Electrical Rotating Generator Market to 2032, By Mounting
- Single Bearing is the largest segment in Global Electrical Rotating Generator Market to 2032 with a revenue of 2.28 USD Billion in the year 2024.
- Single Bearing is the Fastest growing segment in Global Electrical Rotating Generator Market to 2032 with a Growth rate of 5.38 % in forecast period 2025-2032.
Global Electrical Rotating Generator Market Company Share Analysis
| Company Name |
|
||
| Alstom | |||
| ABB | |||
| Siemens Energy, | |||
| Toshiba Energy Systems & Solutions Corporation | |||
Global Electrical Rotating Generator Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Electrical Rotating Generator Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Electrical Rotating Generator Market is segmented based on Segmentation Capacity,Locomotive Type,Installation,Type,Function,Form,Power Rating,Mounting.
Global Electrical Rotating Generator Market was valued at USD 3.43(Revenue in USD Billion) in 2021.
Global Electrical Rotating Generator Market is projected to grow at a CAGR of 5.05% during the forecast period of 2024 to 2032.
The New Installation segment is expected to dominate the Global Electrical Rotating Generator Market, holding a largest market share of 2.48 USD Billion in 2024
Coming Soon....
Global Electrical Rotating Generator Market Scope
Global Electrical Rotating Generator Market Segmentation & Scope
Capacity
- AC
- DC
Locomotive Type
- Freight Train
- Passenger Train
- Mixed
Installation
- Retrofit
- New Installation
Type
- Electrically Excited Synchronous Generators
- Permanent Excited Synchronous Generators (PMG)
- Induction Generators
Function
- Traction Generators
- Auxiliary Generators
- Axle Generators
- Others
Form
- Conventional Diesel-Electric Locomotive Engine
- Power Packs Under the Locomotive
- Hybrid-Electric Locomotive Model with Battery Energy Storage
Power Rating
- Less than 500 KW
- 500 KW- 1000 KW
- 1000 KW-2000 KW
- More than 2000 KW
Mounting
- Single Bearing
- Double Bearing
Frequently Asked Questions
The Global Electrical Rotating Generator Market is segmented based on Segmentation Capacity,Locomotive Type,Installation,Type,Function,Form,Power Rating,Mounting.
Global Electrical Rotating Generator Market was valued at USD 3.43(Revenue in USD Billion) in 2021.
Global Electrical Rotating Generator Market is projected to grow at a CAGR of 5.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global Electrical Rotating Generator Market for final year is USD 4.93 (USD Billion).
Global Electrical Rotating Generator Market Company Profiling
Frequently Asked Questions
The Global Electrical Rotating Generator Market is segmented based on Segmentation Capacity,Locomotive Type,Installation,Type,Function,Form,Power Rating,Mounting.
Global Electrical Rotating Generator Market was valued at USD 3.43(Revenue in USD Billion) in 2021.
Global Electrical Rotating Generator Market is projected to grow at a CAGR of 5.05% during the forecast period of 2024 to 2032.
The estimated market value of the Global Electrical Rotating Generator Market for final year is USD 4.93 (USD Billion).
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