The global alternators market size reached US$ 18.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. The escalating demand for cargo and commercial ships, the growing trend towards the decentralization of power generation, and the rising investments in backup power solutions to... https://www.imarcgroup.com/alternator-market