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.
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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
The report covers the following objectives:
- Proliferation and maturation of trade in the global Excitation Systems Market
- The market share of the global Excitation Systems Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Excitation Systems Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Excitation Systems Market
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
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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.
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