Global Excitation Systems Market Research Report 2024(Status and Outlook)

Global Excitation Systems Market Research Report 2024(Status and Outlook)



Report Overview:

An excitation system is a system used for providing the necessary field current to the rotor winding of the synchronous machine.

The Global Excitation Systems Market Size was estimated at USD 2228.19 million in 2023 and is projected to reach USD 2676.11 million by 2029, exhibiting a CAGR of 3.10% during the forecast period.

This report provides a deep insight into the global Excitation Systems market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Excitation Systems Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Excitation Systems market in any manner.

Global Excitation Systems Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ABB(Switzerland)

Rolls Royce(UK)

Voith(Germany)

Tenel(Czech Republic)

Basler Electric(US)

Konear Inem(Croatia)

Altex Electric(India)

Automation Electronics(India)

Amtech Power(India)

Andritz(Austria)

Siemens(Germany)

GE(US)

VEO OY(Finland)

Market Segmentation (by Type)

Static Excitation Systems

Brushless Excitation Systems

Market Segmentation (by Application)

Synchronous Generators

Synchronous Motors

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Excitation Systems Market
  • Overview of the regional outlook of the Excitation Systems Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Excitation Systems Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Excitation Systems
1.2 Key Market Segments
1.2.1 Excitation Systems Segment by Type
1.2.2 Excitation Systems Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Excitation Systems Market Overview
2.1 Global Market Overview
2.1.1 Global Excitation Systems Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Excitation Systems Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Excitation Systems Market Competitive Landscape
3.1 Global Excitation Systems Sales by Manufacturers (2019-2024)
3.2 Global Excitation Systems Revenue Market Share by Manufacturers (2019-2024)
3.3 Excitation Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Excitation Systems Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Excitation Systems Sales Sites, Area Served, Product Type
3.6 Excitation Systems Market Competitive Situation and Trends
3.6.1 Excitation Systems Market Concentration Rate
3.6.2 Global 5 and 10 Largest Excitation Systems Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Excitation Systems Industry Chain Analysis
4.1 Excitation Systems Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Excitation Systems Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Excitation Systems Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Excitation Systems Sales Market Share by Type (2019-2024)
6.3 Global Excitation Systems Market Size Market Share by Type (2019-2024)
6.4 Global Excitation Systems Price by Type (2019-2024)
7 Excitation Systems Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Excitation Systems Market Sales by Application (2019-2024)
7.3 Global Excitation Systems Market Size (M USD) by Application (2019-2024)
7.4 Global Excitation Systems Sales Growth Rate by Application (2019-2024)
8 Excitation Systems Market Segmentation by Region
8.1 Global Excitation Systems Sales by Region
8.1.1 Global Excitation Systems Sales by Region
8.1.2 Global Excitation Systems Sales Market Share by Region
8.2 North America
8.2.1 North America Excitation Systems Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Excitation Systems Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Excitation Systems Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Excitation Systems Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Excitation Systems Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 ABB(Switzerland)
9.1.1 ABB(Switzerland) Excitation Systems Basic Information
9.1.2 ABB(Switzerland) Excitation Systems Product Overview
9.1.3 ABB(Switzerland) Excitation Systems Product Market Performance
9.1.4 ABB(Switzerland) Business Overview
9.1.5 ABB(Switzerland) Excitation Systems SWOT Analysis
9.1.6 ABB(Switzerland) Recent Developments
9.2 Rolls Royce(UK)
9.2.1 Rolls Royce(UK) Excitation Systems Basic Information
9.2.2 Rolls Royce(UK) Excitation Systems Product Overview
9.2.3 Rolls Royce(UK) Excitation Systems Product Market Performance
9.2.4 Rolls Royce(UK) Business Overview
9.2.5 Rolls Royce(UK) Excitation Systems SWOT Analysis
9.2.6 Rolls Royce(UK) Recent Developments
9.3 Voith(Germany)
9.3.1 Voith(Germany) Excitation Systems Basic Information
9.3.2 Voith(Germany) Excitation Systems Product Overview
9.3.3 Voith(Germany) Excitation Systems Product Market Performance
9.3.4 Voith(Germany) Excitation Systems SWOT Analysis
9.3.5 Voith(Germany) Business Overview
9.3.6 Voith(Germany) Recent Developments
9.4 Tenel(Czech Republic)
9.4.1 Tenel(Czech Republic) Excitation Systems Basic Information
9.4.2 Tenel(Czech Republic) Excitation Systems Product Overview
9.4.3 Tenel(Czech Republic) Excitation Systems Product Market Performance
9.4.4 Tenel(Czech Republic) Business Overview
9.4.5 Tenel(Czech Republic) Recent Developments
9.5 Basler Electric(US)
9.5.1 Basler Electric(US) Excitation Systems Basic Information
9.5.2 Basler Electric(US) Excitation Systems Product Overview
9.5.3 Basler Electric(US) Excitation Systems Product Market Performance
9.5.4 Basler Electric(US) Business Overview
9.5.5 Basler Electric(US) Recent Developments
9.6 Konear Inem(Croatia)
9.6.1 Konear Inem(Croatia) Excitation Systems Basic Information
9.6.2 Konear Inem(Croatia) Excitation Systems Product Overview
9.6.3 Konear Inem(Croatia) Excitation Systems Product Market Performance
9.6.4 Konear Inem(Croatia) Business Overview
9.6.5 Konear Inem(Croatia) Recent Developments
9.7 Altex Electric(India)
9.7.1 Altex Electric(India) Excitation Systems Basic Information
9.7.2 Altex Electric(India) Excitation Systems Product Overview
9.7.3 Altex Electric(India) Excitation Systems Product Market Performance
9.7.4 Altex Electric(India) Business Overview
9.7.5 Altex Electric(India) Recent Developments
9.8 Automation Electronics(India)
9.8.1 Automation Electronics(India) Excitation Systems Basic Information
9.8.2 Automation Electronics(India) Excitation Systems Product Overview
9.8.3 Automation Electronics(India) Excitation Systems Product Market Performance
9.8.4 Automation Electronics(India) Business Overview
9.8.5 Automation Electronics(India) Recent Developments
9.9 Amtech Power(India)
9.9.1 Amtech Power(India) Excitation Systems Basic Information
9.9.2 Amtech Power(India) Excitation Systems Product Overview
9.9.3 Amtech Power(India) Excitation Systems Product Market Performance
9.9.4 Amtech Power(India) Business Overview
9.9.5 Amtech Power(India) Recent Developments
9.10 Andritz(Austria)
9.10.1 Andritz(Austria) Excitation Systems Basic Information
9.10.2 Andritz(Austria) Excitation Systems Product Overview
9.10.3 Andritz(Austria) Excitation Systems Product Market Performance
9.10.4 Andritz(Austria) Business Overview
9.10.5 Andritz(Austria) Recent Developments
9.11 Siemens(Germany)
9.11.1 Siemens(Germany) Excitation Systems Basic Information
9.11.2 Siemens(Germany) Excitation Systems Product Overview
9.11.3 Siemens(Germany) Excitation Systems Product Market Performance
9.11.4 Siemens(Germany) Business Overview
9.11.5 Siemens(Germany) Recent Developments
9.12 GE(US)
9.12.1 GE(US) Excitation Systems Basic Information
9.12.2 GE(US) Excitation Systems Product Overview
9.12.3 GE(US) Excitation Systems Product Market Performance
9.12.4 GE(US) Business Overview
9.12.5 GE(US) Recent Developments
9.13 VEO OY(Finland)
9.13.1 VEO OY(Finland) Excitation Systems Basic Information
9.13.2 VEO OY(Finland) Excitation Systems Product Overview
9.13.3 VEO OY(Finland) Excitation Systems Product Market Performance
9.13.4 VEO OY(Finland) Business Overview
9.13.5 VEO OY(Finland) Recent Developments
10 Excitation Systems Market Forecast by Region
10.1 Global Excitation Systems Market Size Forecast
10.2 Global Excitation Systems Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Excitation Systems Market Size Forecast by Country
10.2.3 Asia Pacific Excitation Systems Market Size Forecast by Region
10.2.4 South America Excitation Systems Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Excitation Systems by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Excitation Systems Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Excitation Systems by Type (2025-2030)
11.1.2 Global Excitation Systems Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Excitation Systems by Type (2025-2030)
11.2 Global Excitation Systems Market Forecast by Application (2025-2030)
11.2.1 Global Excitation Systems Sales (K Units) Forecast by Application
11.2.2 Global Excitation Systems Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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