According to the International Energy Agency (IEA)'s latest "Global Power Equipment Market Report," the global generator parts market is projected to reach $38 billion in 2025, a year-on-year increase of 9.2%. This growth is primarily driven by the accelerated construction of renewable energy power plants and rising demand for retrofits of older units.
With the advancement of the "dual carbon" goals, many regions across China have launched energy-saving renovation projects for high-energy-consuming generator sets. Against this backdrop, the generator parts remanufacturing industry is experiencing rapid growth. According to statistics from the China Mechanical and Electrical Products Distribution Association, orders for remanufactured generator parts increased by 67% year-on-year in the first three quarters of 2025.
According to the International Energy Agency (IEA)'s latest "Global Power Equipment Market Report," the global generator parts market is projected to reach $38 billion in 2025, a year-on-year increase of 9.2%. This growth is primarily driven by the accelerated construction of renewable energy power plants and rising demand for retrofits of older units.
Recently, my country achieved a major breakthrough in core generator parts technology. The "high-temperature-resistant insulated rotor coil" and "intelligent voltage regulator," independently developed by China Electronics Technology Group Corporation (CETC), have passed certification by the National Electric Power Equipment Quality Supervision and Inspection Center, marking a key step forward for my country in the field of high-end generator core parts.
