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Excitation Systems Market Trend Analysis, Latest Revenue
Figures, Growth Insights and Forecast to 2030
Excitation Systems Market research
report by Delvens focuses on primary sections such as – market segments, market
outlook, competitive landscape, and company profiles. The segments provide
details in terms of various perspectives such as end-use industry, product or
service type, and any other relevant segmentation as per the market’s current
scenario which includes various aspects to perform further marketing activity,
the global excitation systems market size is projected to reach USD 3.5 billion
by 2026 at a CAGR of 4.5% from USD 2.8 billion in 2021 during the forecast to 2030.
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Report: https://www.delvens.com/get-free-sample/excitation-systems-market
Excitation system is defined as a system which provides field
current to the rotor winding of a generator. Well-designed excitation system
provides reliability of operation, stability and fast transient response. There
are 3 major types of excitation system are 1. Direct current commutator
exciters, alternator supplied rectifier excitation system, and static
excitation system.
With the significant increase in the demand for synchronous
machines along with the added advantage provided by them are some of the
factors that have supported long-term expansion for Excitation Systems Market.
Regional Analysis of Excitation
Systems Market
Asia Pacific is expected to be the largest market during the
forecast period. The increased capacity in terms of renewable energy has led to
the expansion of market in the region.
Recent Developments
Emerson signed a contract offered by Oklahoma Gas and
Electric (OG&E) for the OG&E Redbud combined-cycle plant in order to
upgrade and unify nine disparate control systems across four units.
ABB was able to win a contract for providing excitation
systems and speed regulation for four generator units at the Governador José
Richa hydropower plant on the Iguazu River.
Key Players: Excitation Systems Market
·
ABB
·
Siemens Energy
·
General Electric
·
ANDRITZ Group
·
Voith Group
·
Emerson
·
Melrose Industries PLC
·
Mitsubishi Electric Corporation
·
WEG
·
Reivax
·
Veo Oy
·
L & S Electric
·
PLUTON Group
·
NR Electric Co., Ltd
·
Birr Machines
·
SVEA Power and More
The Report helps to
identify the opportunities in Global Regions:
·
North America (the United States, Canada, and
Mexico)
·
Europe (Germany, UK, France, Italy, Russia,
Turkey, etc.)
·
Asia-Pacific (China, Japan, Korea, India,
Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
·
South America (Brazil etc.)
·
The Middle East and Africa (North Africa and GCC
Countries)
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In addition to the
market data for Excitation Systems Market, Delvens offers client-centric report
and customized according to the company’s specific demand and requirement.
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