Industry: Machinery & Equipment
Published Date: 2026-07-14
Pages: 137 Pages
Report ld: 6930770
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Excitation Systems Market Size(US$)

CAGR 2026-2032
3.1%
Market Size,2032
USD 2,900
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Excitation Systems was estimated to be worth US$ 2349 million in 2025 and is projected to reach US$ 2900 million, growing at a CAGR of 3.1% from 2026 to 2032.
An excitation system is a system used for providing the necessary field current to the rotor winding of the synchronous machine.
In brushless excitation systems, the field current is supplied to synchronous machines without using slip rings and carbon brushes. As these systems do not require carbon brushes, losses due to contact resistance are low, thus resulting in low maintenance as compared to static excitation systems. Thus, low maintenance cost as compared to static excitation systems is expected to support the market growth for brushless excitation systems.
This report provides a comprehensive view of the global market for Excitation Systems, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Excitation Systems market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Excitation Systems.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Excitation Systems manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Excitation Systems sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Excitation Systems sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Excitation Systems Product Introduction
1.2 Global Excitation Systems Market Size Forecast
1.2.1 Global Excitation Systems Sales Value (2021–2032)
1.2.2 Global Excitation Systems Sales Volume (2021–2032)
1.2.3 Global Excitation Systems Sales Price (2021–2032)
1.3 Excitation Systems Market Trends & Drivers
1.3.1 Excitation Systems Industry Trends
1.3.2 Excitation Systems Market Drivers & Opportunities
1.3.3 Excitation Systems Market Challenges
1.3.4 Excitation Systems Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Excitation Systems Players Revenue Ranking (2025)
2.2 Global Excitation Systems Revenue by Company (2021–2026)
2.3 Global Excitation Systems Sales Volume Ranking of Players (2025)
2.4 Global Excitation Systems Sales Volume by Company (2021–2026)
2.5 Global Excitation Systems Average Price by Company (2021–2026)
2.6 Key Manufacturers Excitation Systems Manufacturing Base and Headquarters
2.7 Key Manufacturers Excitation Systems Product Offerings
2.8 Key Manufacturers Start of Mass Production of Excitation Systems
2.9 Excitation Systems Market Competitive Analysis
2.9.1 Excitation Systems Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Excitation Systems Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Excitation Systems revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Excitation Systems Market Classification
3.1 Introduction by Type
3.1.1 Static Excitation Systems
3.1.2 Brushless Excitation Systems
3.1.3 Global Excitation Systems Sales Value by Type
3.1.3.1 Global Excitation Systems Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Excitation Systems Sales Value, by Type (2021–2032)
3.1.3.3 Global Excitation Systems Sales Value, by Type (%), 2021–2032
3.1.4 Global Excitation Systems Sales Volume by Type
3.1.4.1 Global Excitation Systems Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Excitation Systems Sales Volume, by Type (2021–2032)
3.1.4.3 Global Excitation Systems Sales Volume, by Type (%), 2021–2032
3.1.5 Global Excitation Systems Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Synchronous Generators
4.1.2 Synchronous Motors
4.2 Global Excitation Systems Sales Value by Application
4.2.1 Global Excitation Systems Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Excitation Systems Sales Value, by Application (2021–2032)
4.2.3 Global Excitation Systems Sales Value, by Application (%), 2021–2032
4.3 Global Excitation Systems Sales Volume by Application
4.3.1 Global Excitation Systems Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Excitation Systems Sales Volume, by Application (2021–2032)
4.3.3 Global Excitation Systems Sales Volume, by Application (%), 2021–2032
4.4 Global Excitation Systems Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Excitation Systems Sales Value by Region
5.1.1 Global Excitation Systems Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Excitation Systems Sales Value by Region (2021–2026)
5.1.3 Global Excitation Systems Sales Value by Region (2027–2032)
5.1.4 Global Excitation Systems Sales Value by Region (%), 2021–2032
5.2 Global Excitation Systems Sales Volume by Region
5.2.1 Global Excitation Systems Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Excitation Systems Sales Volume by Region (2021–2026)
5.2.3 Global Excitation Systems Sales Volume by Region (2027–2032)
5.2.4 Global Excitation Systems Sales Volume by Region (%), 2021–2032
5.3 Global Excitation Systems Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Excitation Systems Sales Value, 2021–2032
5.4.2 North America Excitation Systems Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Excitation Systems Sales Value, 2021–2032
5.5.2 Europe Excitation Systems Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Excitation Systems Sales Value, 2021–2032
5.6.2 Asia Pacific Excitation Systems Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Excitation Systems Sales Value, 2021–2032
5.7.2 South America Excitation Systems Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Excitation Systems Sales Value, 2021–2032
5.8.2 Middle East & Africa Excitation Systems Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Excitation Systems Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Excitation Systems Sales Value and Sales Volume
6.2.1 Key Countries/Regions Excitation Systems Sales Value, 2021–2032
6.2.2 Key Countries/Regions Excitation Systems Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Excitation Systems Sales Value, 2021–2032
6.3.2 United States Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Excitation Systems Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Excitation Systems Sales Value, 2021–2032
6.4.2 Europe Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Excitation Systems Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Excitation Systems Sales Value, 2021–2032
6.5.2 China Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.5.3 China Excitation Systems Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Excitation Systems Sales Value, 2021–2032
6.6.2 Japan Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Excitation Systems Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Excitation Systems Sales Value, 2021–2032
6.7.2 South Korea Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Excitation Systems Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Excitation Systems Sales Value, 2021–2032
6.8.2 Southeast Asia Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Excitation Systems Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Excitation Systems Sales Value, 2021–2032
6.9.2 India Excitation Systems Sales Value by Type (%), 2025 vs 2032
6.9.3 India Excitation Systems Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 ABB(Switzerland)
7.1.1 ABB(Switzerland) Company Information
7.1.2 ABB(Switzerland) Introduction and Business Overview
7.1.3 ABB(Switzerland) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 ABB(Switzerland) Excitation Systems Product Offerings
7.1.5 ABB(Switzerland) Recent Developments
7.2 Rolls Royce(UK)
7.2.1 Rolls Royce(UK) Company Information
7.2.2 Rolls Royce(UK) Introduction and Business Overview
7.2.3 Rolls Royce(UK) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Rolls Royce(UK) Excitation Systems Product Offerings
7.2.5 Rolls Royce(UK) Recent Developments
7.3 Voith(Germany)
7.3.1 Voith(Germany) Company Information
7.3.2 Voith(Germany) Introduction and Business Overview
7.3.3 Voith(Germany) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Voith(Germany) Excitation Systems Product Offerings
7.3.5 Voith(Germany) Recent Developments
7.4 Tenel(Czech Republic)
7.4.1 Tenel(Czech Republic) Company Information
7.4.2 Tenel(Czech Republic) Introduction and Business Overview
7.4.3 Tenel(Czech Republic) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Tenel(Czech Republic) Excitation Systems Product Offerings
7.4.5 Tenel(Czech Republic) Recent Developments
7.5 Basler Electric
7.5.1 Basler Electric Company Information
7.5.2 Basler Electric Introduction and Business Overview
7.5.3 Basler Electric Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Basler Electric Excitation Systems Product Offerings
7.5.5 Basler Electric Recent Developments
7.6 Konear Inem(Croatia)
7.6.1 Konear Inem(Croatia) Company Information
7.6.2 Konear Inem(Croatia) Introduction and Business Overview
7.6.3 Konear Inem(Croatia) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Konear Inem(Croatia) Excitation Systems Product Offerings
7.6.5 Konear Inem(Croatia) Recent Developments
7.7 Altex Electric(India)
7.7.1 Altex Electric(India) Company Information
7.7.2 Altex Electric(India) Introduction and Business Overview
7.7.3 Altex Electric(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Altex Electric(India) Excitation Systems Product Offerings
7.7.5 Altex Electric(India) Recent Developments
7.8 Automation Electronics(India)
7.8.1 Automation Electronics(India) Company Information
7.8.2 Automation Electronics(India) Introduction and Business Overview
7.8.3 Automation Electronics(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Automation Electronics(India) Excitation Systems Product Offerings
7.8.5 Automation Electronics(India) Recent Developments
7.9 Amtech Power(India)
7.9.1 Amtech Power(India) Company Information
7.9.2 Amtech Power(India) Introduction and Business Overview
7.9.3 Amtech Power(India) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Amtech Power(India) Excitation Systems Product Offerings
7.9.5 Amtech Power(India) Recent Developments
7.10 Andritz(Austria)
7.10.1 Andritz(Austria) Company Information
7.10.2 Andritz(Austria) Introduction and Business Overview
7.10.3 Andritz(Austria) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Andritz(Austria) Excitation Systems Product Offerings
7.10.5 Andritz(Austria) Recent Developments
7.11 Siemens(Germany)
7.11.1 Siemens(Germany) Company Information
7.11.2 Siemens(Germany) Introduction and Business Overview
7.11.3 Siemens(Germany) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Siemens(Germany) Excitation Systems Product Offerings
7.11.5 Siemens(Germany) Recent Developments
7.12 GE
7.12.1 GE Company Information
7.12.2 GE Introduction and Business Overview
7.12.3 GE Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 GE Excitation Systems Product Offerings
7.12.5 GE Recent Developments
7.13 VEO OY(Finland)
7.13.1 VEO OY(Finland) Company Information
7.13.2 VEO OY(Finland) Introduction and Business Overview
7.13.3 VEO OY(Finland) Excitation Systems Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 VEO OY(Finland) Excitation Systems Product Offerings
7.13.5 VEO OY(Finland) Recent Developments
8 Industry Chain Analysis
8.1 Excitation Systems Industrial Chain
8.2 Excitation Systems Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Excitation Systems Sales Model
8.5.2 Sales Channels
8.5.3 Excitation Systems Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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