Excitation Systems Market: Increase in Demand for Uninterrupted and Reliable Power Supply in Several Industries

According to the new market research report "Excitation Systems Market by Type (Static and Brushless), Controller Type (Analog and Digital), Application (Synchronous Generators and Synchronous Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Excitation Systems Market is expected to grow from an estimated...

Excitation Systems Market: Ability to Ensure Long-Term Reliable Operations for Synchronous Machines

Synchronous machines, which are used for fixed speed as well as variable speed applications, provide optimized energy use and reduce maintenance costs. Maintenance cost savings are much higher in case of brushless DC generators. Energy saving and power factor correction abilities are the key advantages offered by synchronous machines and has played a key role...

Excitation Systems Market: Solar and Wind Power Applications to Provide Future Opportunities

The global excitation systems market is expected to grow from an estimated USD 2.64 Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 3.38% from 2018 to 2023. Rising demand for synchronous machines in end-use applications such as hydro as well as thermal power plants is expected to drive the global...