Global Generator Excitation System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Generator Excitation System market size was valued at US$ 700 million in 2024 and is forecast to a readjusted size of USD 1064 million by 2031 with a CAGR of 6.2% during review period.

A generator excitation system is a critical component of an electric generator that is responsible for controlling and regulating the electrical output of the generator. The excitation system supplies a direct current (DC) to the rotor windings of the generator, creating a magnetic field necessary for the generation of electricity.

Growing Power Generation Capacity: The need for electricity continues to rise, driven by population growth, urbanization, and industrial development. This increasing demand has led to the construction of new power plants and the expansion of existing ones, which in turn drives the demand for generator excitation systems.

Renewable Energy Integration: The integration of renewable energy sources, such as wind and solar, into the power grid has created a need for advanced generator excitation systems. These systems must be capable of handling variable and intermittent power sources while maintaining grid stability.

Modernization and Upgrades: Aging power generation infrastructure, particularly in developed countries, requires modernization and upgrades. This includes the retrofitting of excitation systems with newer and more efficient technologies.

Grid Stability and Quality: Maintaining grid stability, voltage control, and power quality is critical. Generator excitation systems play a vital role in ensuring that the electrical grid operates efficiently and reliably, especially as more sensitive electronic devices are connected to the grid.

This report is a detailed and comprehensive analysis for global Generator Excitation System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Generator Excitation System market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Generator Excitation System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Generator Excitation System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Generator Excitation System market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Generator Excitation System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Generator Excitation System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Rolls Royce, Voith, Tenel, Nidec Industrial Solutions, TECG, Basler Electric, REIVAX, Konear Inem, China National Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Generator Excitation System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Type DC
Type AC
Type ST

Market segment by Application
Hydroelectric Power Station
Thermal Power Station
Nuclear Power plant
Pumped Storage
Biomass Power Generation
Others

Major players covered
ABB
Rolls Royce
Voith
Tenel
Nidec Industrial Solutions
TECG
Basler Electric
REIVAX
Konear Inem
China National Electric
Altex Electric
Goltens
Automation Electronics India
Amtech Power
Kinetics Industries
Andritz
Siemens
GE
VEO OY
L&S Electric
Birr Machines

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Generator Excitation System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Generator Excitation System, with price, sales quantity, revenue, and global market share of Generator Excitation System from 2020 to 2025.

Chapter 3, the Generator Excitation System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Generator Excitation System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Generator Excitation System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Generator Excitation System.

Chapter 14 and 15, to describe Generator Excitation System sales channel, distributors, customers, research findings and conclusion.