Global Excitation Systems Market Forecasts Report Analysis

Posted March 22, 2022 by navyarao_d

According to Stratistics MRC, Excitation Systems Market Value is expected to reach $3.93 billion by 2028 growing at a CAGR of 5.4% during the forecast period.

An excitation system is used to produce the flux by passing current in the windings and thus provides field current to the rotor winding of a synchronous machine. These systems are undergoing continuous improvements in line with larger and complex power systems. Such systems provide stability and reliability of the working operation of the synchronous machines.

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By geography, Asia Pacific is going to have high growth during the forecast period owing to the rapidly growing renewable energy-based capacity additions, development of infrastructure related to smart cities, growing industrialization and urbanization.

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Some of the key players profiled in the Excitation Systems Market include Veo Oy, ABB, Siemens Energy, WEG, Nelumbo Icona Controls Pvt. Ltd, Basler Electric, Emerson, Excitation & Engineering Services Ltd, F&S PROZESSAUTOMATION GmbH, General Electric, KONČAR Group, L & S Electric, Melrose Industries PLC, Nidec Corporation , Automation Electronics India, Mitsubishi Electric Corporation, PLUTON Group, Reivax, S.R.O., ANDRITZ Group, SVEA Power, Tenel, Amtech Power Ltd. and Voith Group.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Issued By Madhav Ram
Country India
Categories Energy , Industry , Reports
Last Updated March 22, 2022