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COVID-19 Impacts: Automatic Generation Control Market will Accelerate at a CAGR of about 4% through 2020-2024 | The Growing Number Of Nuclear Power Pl

Published : Friday, August 14, 2020, 1:00 am
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LONDON--(BUSINESS WIRE)--#AutomaticGenerationControlMarket--Technavio has been monitoring the automatic generation control market and it is poised to grow by $ 207.72 mn during 2020-2024, progressing at a CAGR of about 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentratation will accelerate during the forecast period. ABB Ltd., ANDRITZ AG, DEIF AS, Enercon Engineering Inc., General Electric Co., Hitachi Ltd., Open Systems International Inc., Regal Beloit Corp., Rockwell Automation Inc., and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing number of nuclear power plants has been instrumental in driving the growth of the market. However, threat from cyber-attacks in the automatic generation control might hamper market growth.

Automatic Generation Control Market 2020-2024 : Segmentation

Automatic Generation Control Market is segmented as below:

  • Application
    • Non-renewable Energy Power Plants
    • Renewable Energy Power Plants
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41576

Automatic Generation Control Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automatic generation control market report covers the following areas:

  • Automatic Generation Control Market size
  • Automatic Generation Control Market trends
  • Automatic Generation Control Market industry analysis

This study identifies the emergence of smart grids as one of the prime reasons driving the automatic generation control market growth during the next few years.

Automatic Generation Control Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automatic generation control market, including some of the vendors such as ABB Ltd., ANDRITZ AG, DEIF AS, Enercon Engineering Inc., General Electric Co., Hitachi Ltd., Open Systems International Inc., Regal Beloit Corp., Rockwell Automation Inc., and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the automatic generation control market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automatic Generation Control Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automatic generation control market growth during the next five years
  • Estimation of the automatic generation control market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automatic generation control market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automatic generation control market vendors

Table Of Contents :

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • NREPP - Market size and forecast 2019-2024
  • REPP - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • ANDRITZ AG
  • DEIF AS
  • Enercon Engineering Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • Open Systems International Inc.
  • Regal Beloit Corp.
  • Rockwell Automation Inc.
  • Siemens AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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/



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