On Nov 18, the latest report “Global 24V DC Generator Market 2025 by Manufacturers, Regions, Types and Applications, Forecast to 2031” from Global Info Research provides a detailed and comprehensive analysis of the global 24V DC Generator market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are causing many market demand changes. The report also provides company profiles and product examples of some of the competitors, as well as market share estimates for some of the leading players in 2025.
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According to our (Global Info Research) latest study, the global 24V DC Generator market size was valued at US$ 168 million in 2024 and is forecast to a readjusted size of USD 239 million by 2031 with a CAGR of 5.2% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
In 2024, the global production of 24V DC generators will reach 82k units, with an average selling price of US00 per unit. A 24V DC generator is a type of power generation device that directly outputs DC power. Common implementations include permanent magnet DC generators, brushless synchronous generators, and excitation generators with AVRs. Their advantage lies in eliminating secondary AC-to-DC conversion losses, making them convenient for directly powering DC battery packs and connecting to parallel battery buses. However, their design requires addressing engineering challenges such as voltage regulation, low ripple, overload protection, and heat dissipation. Consequently, the market offers both low-power permanent magnet micro-generator modules and customized medium- and high-power DC generators for industrial and telecommunications applications.
The upstream is mainly composed of key materials and components suppliers, including motor stators/rotors and copper wires, magnets, rectifiers/diodes and power electronics (such as permanent magnet suppliers, winding copper wires and insulation materials, power semiconductor manufacturers, etc.). Representative companies include Nidec/Leroy-Somer, Prestolite, Infineon/STMicroelectronics, Arnold Magnetic (magnetic materials), etc.; the midstream is the whole machine manufacturers and system integrators who integrate the generator motor head, rectifier/voltage regulator module, cooling and housing into 24V dedicated units or modules (such as traditional generators and AC/DC head manufacturers, customized power supply manufacturers and marine/automotive power system suppliers); the downstream is the actual application industries and users with 24V as the standard bus, typically including automotive and commercial vehicle (truck/engineering vehicle) manufacturers, ships and offshore engineering, communication base stations and telecom operators, off-grid/microgrid and emergency backup power systems, military and field operation equipment manufacturers. Relevant representative customers or system integrators include truck/engineering vehicle OEMs (such as Volvo, Daimler etc.), communication equipment/base station suppliers (such as Ericsson and Huawei’s base station power supply partners), shipyards and maritime system integrators, UPS/backup power and energy management companies (such as Schneider Electric).
This report is a detailed and comprehensive analysis for global 24V DC Generator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approval.
24V DC Generator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type: <2kW、 2kW-6kW、 >6kW
Market segment by Application: Automotive、 Emergency Power Supplies、 Shipbuilding、 Communication Base Stations、 Others
Major players covered: Cummins、 Yamaha、 Caterpillar、 Kohler、 Generac、 Briggs & Stratton、 Honda、 Westinghouse、 DK Power Machinery、 DEFU Air Conditioner Equipment、 Everlast Power、 Ouyixin Electromechanical、 Holfill
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 24V DC Generator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 24V DC Generator, with price, sales quantity, revenue, and global market share of 24V DC Generator from 2020 to 2025.
Chapter 3, the 24V DC Generator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 24V DC Generator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment 24V DC Generator the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the 24V DC Generator sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2024.and 24V DC Generator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 24V DC Generator.
Chapter 14 and 15, to describe 24V DC Generator sales channel, distributors, customers, research findings and conclusion.
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 24V DC Generator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
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