The North America Alternators Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 4283.6 thousand units, showcasing a growth of 16.8% (2020-2023).
Brushed alternators represent a significant segment within the alternators market, offering reliable power generation solutions across various applications. Characterized by a traditional design featuring carbon brushes that facilitate electrical contact, brushed alternators are known for their simplicity, durability, and cost-effectiveness. Therefore, the Mexico market used 180.0 thousand units of brushed alternators in 2023.
The US market dominated the North America Alternators Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,762.4 million by 2031. The Canada market is experiencing a CAGR of 6.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6% during (2024 - 2031).
Alternators are commonly employed in marine vessels, including ships, boats, and yachts, to generate electrical power for propulsion systems, navigation equipment, lighting, communication devices, and other onboard systems. Alternators for marine use are constructed to endure the severe conditions of saltwater environments. Alternators are critical in backup power systems for telecommunications towers, data centers, and infrastructure facilities. In a power outage, alternators and diesel generators provide emergency power to ensure the uninterrupted operation of essential communication networks and data processing centers.
Additionally, alternators find applications in military vehicles, aircraft, ships, and portable power systems used by defense forces. They provide electrical power for various military equipment, including communication, radar, weapon, and electronic warfare systems. Alternators are integrated into various industrial equipment and manufacturing machinery to provide electrical power for operation, control systems, lighting, and auxiliary functions. They are essential in manufacturing processes across automotive, aerospace, electronics, and textiles.
According to data from the International Trade Administration, the installed capacity of Mexico's clean energy plants (renewable and non-renewable) was 31,369 MW in 2022, representing a 1.81 percent increase over the previous year, when the installed capacity of clean energy was 30,812MW. Hydro, wind, and photovoltaic solar PV plants accounted for most of the installed renewable energy capacity. Hence, the factors mentioned above will drive the regional market growth.
Free Valuable Insights: The Alternators Market is Predict to reach USD 31.7 Billion by 2031, at a CAGR of 5.2%
Based on Voltage, the market is segmented into Medium and High. Based on Phase, the market is segmented into Three Phase Alternator, Two Phase Alternator and Single Phase Alternator. Based on End-Use Industry, the market is segmented into Automotive, Power Generation, Construction, Oil & Gas and Others. Based on Type, the market is segmented into Brushed Alternators, Brushless Alternators, and Permanent Magnet Alternators. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Denso Corporation
- Mitsubishi Electric Corporation
- Valeo SA
- Robert Bosch GmbH
- HELLA GmbH & Co. KGaA (FORVIA S.E.)
- Hitachi, Ltd. (Hitachi Astemo, Ltd.)
- Cummins, Inc.
- Prestolite Electric Incorporated (Zhongshan Broad-Ocean Motor Co., Ltd.)
- Lucas Automotive Aftermarket
- BBB Industries, LLC (Clearlake Capital Group, L.P.)
North America Alternators Market Report Segmentation
By Voltage (Volume, Thousand Units, USD Billion, 2020-2031)
By Phase (Volume, Thousand Units, USD Billion, 2020-2031)
- Three Phase Alternator
- Two Phase Alternator
- Single Phase Alternator
By End-Use Industry (Volume, Thousand Units, USD Billion, 2020-2031)
- Automotive
- Power Generation
- Construction
- Oil & Gas
- Others
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
- Brushed Alternators
- Brushless Alternators
- Permanent Magnet Alternators
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Alternators Market, 2020 - 2023, USD Million
TABLE 2 North America Alternators Market, 2024 - 2031, USD Million
TABLE 3 North America Alternators Market, 2020 - 2023, Thousand Units
TABLE 4 North America Alternators Market, 2024 - 2031, Thousand Units
TABLE 5 North America Alternators Market by Voltage, 2020 - 2023, USD Million
TABLE 6 North America Alternators Market by Voltage, 2024 - 2031, USD Million
TABLE 7 North America Alternators Market by Voltage, 2020 - 2023, Thousand Units
TABLE 8 North America Alternators Market by Voltage, 2024 - 2031, Thousand Units
TABLE 9 North America Medium Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Medium Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Medium Market by Region, 2020 - 2023, Thousand Units
TABLE 12 North America Medium Market by Region, 2024 - 2031, Thousand Units
TABLE 13 North America High Market by Region, 2020 - 2023, USD Million
TABLE 14 North America High Market by Region, 2024 - 2031, USD Million
TABLE 15 North America High Market by Region, 2020 - 2023, Thousand Units
TABLE 16 North America High Market by Region, 2024 - 2031, Thousand Units
TABLE 17 North America Alternators Market by Phase, 2020 - 2023, USD Million
TABLE 18 North America Alternators Market by Phase, 2024 - 2031, USD Million
TABLE 19 North America Alternators Market by Phase, 2020 - 2023, Thousand Units
TABLE 20 North America Alternators Market by Phase, 2024 - 2031, Thousand Units
TABLE 21 North America Three Phase Alternator Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Three Phase Alternator Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Three Phase Alternator Market by Country, 2020 - 2023, Thousand Units
TABLE 24 North America Three Phase Alternator Market by Country, 2024 - 2031, Thousand Units
TABLE 25 North America Two Phase Alternator Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Two Phase Alternator Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Two Phase Alternator Market by Country, 2020 - 2023, Thousand Units
TABLE 28 North America Two Phase Alternator Market by Country, 2024 - 2031, Thousand Units
TABLE 29 North America Single Phase Alternator Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Single Phase Alternator Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Single Phase Alternator Market by Country, 2020 - 2023, Thousand Units
TABLE 32 North America Single Phase Alternator Market by Country, 2024 - 2031, Thousand Units
TABLE 33 North America Alternators Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 34 North America Alternators Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 35 North America Alternators Market by End-Use Industry, 2020 - 2023, Thousand Units
TABLE 36 North America Alternators Market by End-Use Industry, 2024 - 2031, Thousand Units
TABLE 37 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Automotive Market by Country, 2020 - 2023, Thousand Units
TABLE 40 North America Automotive Market by Country, 2024 - 2031, Thousand Units
TABLE 41 North America Power Generation Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Power Generation Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Power Generation Market by Country, 2020 - 2023, Thousand Units
TABLE 44 North America Power Generation Market by Country, 2024 - 2031, Thousand Units
TABLE 45 North America Construction Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Construction Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Construction Market by Country, 2020 - 2023, Thousand Units
TABLE 48 North America Construction Market by Country, 2024 - 2031, Thousand Units
TABLE 49 North America Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Oil & Gas Market by Country, 2020 - 2023, Thousand Units
TABLE 52 North America Oil & Gas Market by Country, 2024 - 2031, Thousand Units
TABLE 53 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Others Market by Country, 2020 - 2023, Thousand Units
TABLE 56 North America Others Market by Country, 2024 - 2031, Thousand Units
TABLE 57 North America Alternators Market by Type, 2020 - 2023, USD Million
TABLE 58 North America Alternators Market by Type, 2024 - 2031, USD Million
TABLE 59 North America Alternators Market by Type, 2020 - 2023, Thousand Units
TABLE 60 North America Alternators Market by Type, 2024 - 2031, Thousand Units
TABLE 61 North America Brushed Alternators Market by Country, 2020 - 2023, USD Million
TABLE 62 North America Brushed Alternators Market by Country, 2024 - 2031, USD Million
TABLE 63 North America Brushed Alternators Market by Country, 2020 - 2023, Thousand Units
TABLE 64 North America Brushed Alternators Market by Country, 2024 - 2031, Thousand Units
TABLE 65 North America Brushless Alternators Market by Country, 2020 - 2023, USD Million
TABLE 66 North America Brushless Alternators Market by Country, 2024 - 2031, USD Million
TABLE 67 North America Brushless Alternators Market by Country, 2020 - 2023, Thousand Units
TABLE 68 North America Brushless Alternators Market by Country, 2024 - 2031, Thousand Units
TABLE 69 North America Permanent Magnet Alternators Market by Country, 2020 - 2023, USD Million
TABLE 70 North America Permanent Magnet Alternators Market by Country, 2024 - 2031, USD Million
TABLE 71 North America Permanent Magnet Alternators Market by Country, 2020 - 2023, Thousand Units
TABLE 72 North America Permanent Magnet Alternators Market by Country, 2024 - 2031, Thousand Units
TABLE 73 North America Alternators Market by Country, 2020 - 2023, USD Million
TABLE 74 North America Alternators Market by Country, 2024 - 2031, USD Million
TABLE 75 North America Alternators Market by Country, 2020 - 2023, Thousand Units
TABLE 76 North America Alternators Market by Country, 2024 - 2031, Thousand Units
TABLE 77 US Alternators Market, 2020 - 2023, USD Million
TABLE 78 US Alternators Market, 2024 - 2031, USD Million
TABLE 79 US Alternators Market, 2020 - 2023, Thousand Units
TABLE 80 US Alternators Market, 2024 - 2031, Thousand Units
TABLE 81 US Alternators Market by Voltage, 2020 - 2023, USD Million
TABLE 82 US Alternators Market by Voltage, 2024 - 2031, USD Million
TABLE 83 US Alternators Market by Voltage, 2020 - 2023, Thousand Units
TABLE 84 US Alternators Market by Voltage, 2024 - 2031, Thousand Units
TABLE 85 US Alternators Market by Phase, 2020 - 2023, USD Million
TABLE 86 US Alternators Market by Phase, 2024 - 2031, USD Million
TABLE 87 US Alternators Market by Phase, 2020 - 2023, Thousand Units
TABLE 88 US Alternators Market by Phase, 2024 - 2031, Thousand Units
TABLE 89 US Alternators Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 90 US Alternators Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 91 US Alternators Market by End-Use Industry, 2020 - 2023, Thousand Units
TABLE 92 US Alternators Market by End-Use Industry, 2024 - 2031, Thousand Units
TABLE 93 US Alternators Market by Type, 2020 - 2023, USD Million
TABLE 94 US Alternators Market by Type, 2024 - 2031, USD Million
TABLE 95 US Alternators Market by Type, 2020 - 2023, Thousand Units
TABLE 96 US Alternators Market by Type, 2024 - 2031, Thousand Units
TABLE 97 Canada Alternators Market, 2020 - 2023, USD Million
TABLE 98 Canada Alternators Market, 2024 - 2031, USD Million
TABLE 99 Canada Alternators Market, 2020 - 2023, Thousand Units
TABLE 100 Canada Alternators Market, 2024 - 2031, Thousand Units
TABLE 101 Canada Alternators Market by Voltage, 2020 - 2023, USD Million
TABLE 102 Canada Alternators Market by Voltage, 2024 - 2031, USD Million
TABLE 103 Canada Alternators Market by Voltage, 2020 - 2023, Thousand Units
TABLE 104 Canada Alternators Market by Voltage, 2024 - 2031, Thousand Units
TABLE 105 Canada Alternators Market by Phase, 2020 - 2023, USD Million
TABLE 106 Canada Alternators Market by Phase, 2024 - 2031, USD Million
TABLE 107 Canada Alternators Market by Phase, 2020 - 2023, Thousand Units
TABLE 108 Canada Alternators Market by Phase, 2024 - 2031, Thousand Units
TABLE 109 Canada Alternators Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 110 Canada Alternators Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 111 Canada Alternators Market by End-Use Industry, 2020 - 2023, Thousand Units
TABLE 112 Canada Alternators Market by End-Use Industry, 2024 - 2031, Thousand Units
TABLE 113 Canada Alternators Market by Type, 2020 - 2023, USD Million
TABLE 114 Canada Alternators Market by Type, 2024 - 2031, USD Million
TABLE 115 Canada Alternators Market by Type, 2020 - 2023, Thousand Units
TABLE 116 Canada Alternators Market by Type, 2024 - 2031, Thousand Units
TABLE 117 Mexico Alternators Market, 2020 - 2023, USD Million
TABLE 118 Mexico Alternators Market, 2024 - 2031, USD Million
TABLE 119 Mexico Alternators Market, 2020 - 2023, Thousand Units
TABLE 120 Mexico Alternators Market, 2024 - 2031, Thousand Units
TABLE 121 Mexico Alternators Market by Voltage, 2020 - 2023, USD Million
TABLE 122 Mexico Alternators Market by Voltage, 2024 - 2031, USD Million
TABLE 123 Mexico Alternators Market by Voltage, 2020 - 2023, Thousand Units
TABLE 124 Mexico Alternators Market by Voltage, 2024 - 2031, Thousand Units
TABLE 125 Mexico Alternators Market by Phase, 2020 - 2023, USD Million
TABLE 126 Mexico Alternators Market by Phase, 2024 - 2031, USD Million
TABLE 127 Mexico Alternators Market by Phase, 2020 - 2023, Thousand Units
TABLE 128 Mexico Alternators Market by Phase, 2024 - 2031, Thousand Units
TABLE 129 Mexico Alternators Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 130 Mexico Alternators Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 131 Mexico Alternators Market by End-Use Industry, 2020 - 2023, Thousand Units
TABLE 132 Mexico Alternators Market by End-Use Industry, 2024 - 2031, Thousand Units
TABLE 133 Mexico Alternators Market by Type, 2020 - 2023, USD Million
TABLE 134 Mexico Alternators Market by Type, 2024 - 2031, USD Million
TABLE 135 Mexico Alternators Market by Type, 2020 - 2023, Thousand Units
TABLE 136 Mexico Alternators Market by Type, 2024 - 2031, Thousand Units
TABLE 137 Rest of North America Alternators Market, 2020 - 2023, USD Million
TABLE 138 Rest of North America Alternators Market, 2024 - 2031, USD Million
TABLE 139 Rest of North America Alternators Market, 2020 - 2023, Thousand Units
TABLE 140 Rest of North America Alternators Market, 2024 - 2031, Thousand Units
TABLE 141 Rest of North America Alternators Market by Voltage, 2020 - 2023, USD Million
TABLE 142 Rest of North America Alternators Market by Voltage, 2024 - 2031, USD Million
TABLE 143 Rest of North America Alternators Market by Voltage, 2020 - 2023, Thousand Units
TABLE 144 Rest of North America Alternators Market by Voltage, 2024 - 2031, Thousand Units
TABLE 145 Rest of North America Alternators Market by Phase, 2020 - 2023, USD Million
TABLE 146 Rest of North America Alternators Market by Phase, 2024 - 2031, USD Million
TABLE 147 Rest of North America Alternators Market by Phase, 2020 - 2023, Thousand Units
TABLE 148 Rest of North America Alternators Market by Phase, 2024 - 2031, Thousand Units
TABLE 149 Rest of North America Alternators Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 150 Rest of North America Alternators Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 151 Rest of North America Alternators Market by End-Use Industry, 2020 - 2023, Thousand Units
TABLE 152 Rest of North America Alternators Market by End-Use Industry, 2024 - 2031, Thousand Units
TABLE 153 Rest of North America Alternators Market by Type, 2020 - 2023, USD Million
TABLE 154 Rest of North America Alternators Market by Type, 2024 - 2031, USD Million
TABLE 155 Rest of North America Alternators Market by Type, 2020 - 2023, Thousand Units
TABLE 156 Rest of North America Alternators Market by Type, 2024 - 2031, Thousand Units
TABLE 157 Key Information – Denso Corporation
TABLE 158 Key Information – Mitsubishi Electric Corporation
TABLE 159 Key Information – Valeo SA
TABLE 160 Key Information – Robert Bosch GmbH
TABLE 161 key information – HELLA GmbH & Co. KGaA
TABLE 162 Key Information – Hitachi, Ltd.
TABLE 163 Key information – Cummins, Inc.
TABLE 164 Key Information – Prestolite Electric Incorporated
TABLE 165 Key Information – Lucas Automotive Aftermarket
TABLE 166 Key Information – BBB Industries, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Alternators Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Alternators Market
FIG 4 Porter’s Five Forces Analysis – Alternators Market
FIG 5 North America Alternators Market share by Voltage, 2023
FIG 6 North America Alternators Market share by Voltage, 2031
FIG 7 North America Alternators Market by Voltage, 2020 - 2031, USD Million
FIG 8 North America Alternators Market share by Phase, 2023
FIG 9 North America Alternators Market share by Phase, 2031
FIG 10 North America Alternators Market by Phase, 2020 - 2031, USD Million
FIG 11 North America Alternators Market share by End-Use Industry, 2023
FIG 12 North America Alternators Market share by End-Use Industry, 2031
FIG 13 North America Alternators Market by End-Use Industry, 2020 - 2031, USD Million
FIG 14 North America Alternators Market share by Type, 2023
FIG 15 North America Alternators Market share by Type, 2031
FIG 16 North America Alternators Market by Type, 2020 - 2031, USD Million
FIG 17 North America Alternators Market share by Country, 2023
FIG 18 North America Alternators Market share by Country, 2031
FIG 19 North America Alternators Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: Denso Corporation
FIG 21 SWOT Analysis: Mitsubishi Electric Corporation
FIG 22 SWOT Analysis: Valeo SA
FIG 23 SWOT Analysis: Robert Bosch GmbH
FIG 24 SWOT Analysis: HELLA GmbH & Co. KGaA
FIG 25 Swot Analysis: Hitachi, Ltd.
FIG 26 Recent strategies and developments: Cummins, Inc.
FIG 27 SWOT Analysis: Cummins, Inc.
FIG 28 Swot Analysis: Prestolite Electric IncorporateD
FIG 29 Swot Analysis: Lucas Automotive Aftermarket
FIG 30 Swot Analysis: BBB Industries, LLC
