Excitation Systems Market By Size, Demand Analysis, Type, Statistics, Regions and Forecast – 2028

The Excitation Systems Market size is expected to grow at an annual average of CAGR 3% during the forecast period (2022-2028). Excitation systems are used to excite the field windings of synchronous machines with the aid of a DC supply and help control the field current reactive power flow and field voltage. There are two types of excitation systems: static and rotational excitation systems. Rotational excitation systems are further subdivided into AC and DC excitation systems. Provides stability when starting synchronous machines. The role of the excitation system in a synchronous generator is to maintain a constant terminal voltage and in the case of a synchronous motor it is used to maintain a constant power factor.

The following segmentation are covered in this report:

By End User

• Power Generation
• Other Industrial

By Application

• Synchronous Generator
• Synchronous Motor

By Type

• Static
• Rotational

By Controller type

• Analog
• Digital

Company Profile

• ABB Ltd.
• Siemens AG
• General Electric Company
• Andritz AG
• Voith Group
• Amtech Power Ltd.
• Basler Electric Co
• TENEL s.r.o.
• VEO Oy

Scope of the report

The research study analyses the Excitation Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Excitation Systems Market Report

• What was the Excitation Systems Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Excitation Systems Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Excitation Systems Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.