Excitation Systems Market expected to Grow $3.4 Billion by 2026

Excitation Systems Market
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...

Excitation Systems Market Projected to reach $3.12 Billion by 2023

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 excitation systems market during the forecast period. Furthermore, the ability of excitation...