Automatic Generation Control (AGC) 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 rise in integration of power resources will be one of the major trends that will gain traction in this market. Realizing the need to reduce GHG emissions, countries around the globe have started reducing their dependency on fossil fuel and started focusing on cleaner fuel sources such as nuclear and?renewable energy. This addition of new resources will make electrical grids more complex and multidimensional. And as a result, companies will start using power control systems such as AGC which help in ensuring the stability of power grids.
In 2019, the market size of Automatic Generation Control is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automatic Generation Control.
Key Benefits for Automatic Generation Control (AGC)Market:
- This study includes the global Automatic Generation Control (AGC)market analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and global Automatic Generation Control (AGC)market opportunity.
- The global Automatic Generation Control (AGC)market size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the Automatic Generation Control (AGC)industry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Research Methodology
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This report studies the global market size of Automatic Generation Control, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automatic Generation Control production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
- GE-Alstom Grid
- Maverick Technologies
Market Segment by Product Type
- Turbine-Governor Control (TGC)
- Load-Frequency Control (LFC)
Market Segment by Application
- Hydropower Plant
- Thermal Power Plant
Key Regions split in this report: breakdown data for each region.
- United States
- European Union
- Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
- To analyze and research the Automatic Generation Control status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
- To present the key Automatic Generation Control manufacturers, presenting the sales, revenue, market share, and recent development for key players.
- To split the breakdown data by regions, type, companies and applications
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automatic Generation Control are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
- To study and analyze the global Automatic Generation Control (AGC)consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Automatic Generation Control (AGC)market by identifying its various subsegments.
- Focuses on the key global Automatic Generation Control (AGC)manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automatic Generation Control (AGC)with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Automatic Generation Control (AGC)submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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