Technological Advancements Boosting the Variable Speed Generator Market

The variable speed generator market was estimated at USD 6.18 billion in 2022 and is likely to grow at a CAGR of 8.89% during 2023-2028 to reach USD 10.35 billion in 2028.

A variable speed generator is used in optimizing turbine design. It helps in tuning the wind turbine for maximum energy without getting limited by the speed range of the narrow generator. The generator also can store energy with the help of the battery is there in the inverter.