Selected research
Industry Research
Excitation Systems Industry Research Report 2026
Market perspective
The global Excitation Systems market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Excitation Systems is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Excitation Systems is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Excitation Systems is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Excitation Systems include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Excitation Systems market in revenue (US$ million) and, where applicable, sales volume (units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Excitation Systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Excitation Systems Market by Company
Rolls Royce(UK)
Voith(Germany)
Tenel(Czech Republic)
Basler Electric
Konear Inem(Croatia)
Altex Electric(India)
Automation Electronics(India)
Amtech Power(India)
Andritz(Austria)
Siemens(Germany)
GE
VEO OY(Finland)
ABB(Switzerland)
Excitation Systems Segment by Type
Static Excitation Systems
Brushless Excitation Systems
Excitation Systems Segment by Application
Synchronous Generators
Synchronous Motors
Excitation Systems Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Excitation Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Excitation Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Excitation Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Excitation Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Excitation Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Excitation Systems in regional level and country level. It 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 production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Static Excitation Systems
- Brushless Excitation Systems
Applications
- Synchronous Generators
- Synchronous Motors
Companies covered
- Rolls Royce(UK)
- Voith(Germany)
- Tenel(Czech Republic)
- Basler Electric
- Konear Inem(Croatia)
- Altex Electric(India)
- Automation Electronics(India)
- Amtech Power(India)
- Andritz(Austria)
- Siemens(Germany)
- GE
- VEO OY(Finland)
- ABB(Switzerland)
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Excitation Systems by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Static Excitation Systems
- 2.2.3 Brushless Excitation Systems
- 2.3 Excitation Systems by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Synchronous Generators
- 2.3.3 Synchronous Motors
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Excitation Systems Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Excitation Systems Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Excitation Systems Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Excitation Systems Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Excitation Systems Production by Manufacturers (2021-2026)
- 3.2 Global Excitation Systems Production Value by Manufacturers (2021-2026)
- 3.3 Global Excitation Systems Average Price by Manufacturers (2021-2026)
- 3.4 Global Excitation Systems Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Excitation Systems Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Excitation Systems Manufacturers, Product Type & Application
- 3.7 Global Excitation Systems Manufacturers Established Date
- 3.8 Global Excitation Systems Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Rolls Royce(UK)
- 4.1.1 Rolls Royce(UK) Excitation Systems Company Information
- 4.1.2 Rolls Royce(UK) Excitation Systems Business Overview
- 4.1.3 Rolls Royce(UK) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.1.4 Rolls Royce(UK) Product Portfolio
- 4.1.5 Rolls Royce(UK) Recent Developments
- 4.2 Voith(Germany)
- 4.2.1 Voith(Germany) Excitation Systems Company Information
- 4.2.2 Voith(Germany) Excitation Systems Business Overview
- 4.2.3 Voith(Germany) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.2.4 Voith(Germany) Product Portfolio
- 4.2.5 Voith(Germany) Recent Developments
- 4.3 Tenel(Czech Republic)
- 4.3.1 Tenel(Czech Republic) Excitation Systems Company Information
- 4.3.2 Tenel(Czech Republic) Excitation Systems Business Overview
- 4.3.3 Tenel(Czech Republic) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.3.4 Tenel(Czech Republic) Product Portfolio
- 4.3.5 Tenel(Czech Republic) Recent Developments
- 4.4 Basler Electric
- 4.4.1 Basler Electric Excitation Systems Company Information
- 4.4.2 Basler Electric Excitation Systems Business Overview
- 4.4.3 Basler Electric Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.4.4 Basler Electric Product Portfolio
- 4.4.5 Basler Electric Recent Developments
- 4.5 Konear Inem(Croatia)
- 4.5.1 Konear Inem(Croatia) Excitation Systems Company Information
- 4.5.2 Konear Inem(Croatia) Excitation Systems Business Overview
- 4.5.3 Konear Inem(Croatia) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.5.4 Konear Inem(Croatia) Product Portfolio
- 4.5.5 Konear Inem(Croatia) Recent Developments
- 4.6 Altex Electric(India)
- 4.6.1 Altex Electric(India) Excitation Systems Company Information
- 4.6.2 Altex Electric(India) Excitation Systems Business Overview
- 4.6.3 Altex Electric(India) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.6.4 Altex Electric(India) Product Portfolio
- 4.6.5 Altex Electric(India) Recent Developments
- 4.7 Automation Electronics(India)
- 4.7.1 Automation Electronics(India) Excitation Systems Company Information
- 4.7.2 Automation Electronics(India) Excitation Systems Business Overview
- 4.7.3 Automation Electronics(India) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.7.4 Automation Electronics(India) Product Portfolio
- 4.7.5 Automation Electronics(India) Recent Developments
- 4.8 Amtech Power(India)
- 4.8.1 Amtech Power(India) Excitation Systems Company Information
- 4.8.2 Amtech Power(India) Excitation Systems Business Overview
- 4.8.3 Amtech Power(India) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.8.4 Amtech Power(India) Product Portfolio
- 4.8.5 Amtech Power(India) Recent Developments
- 4.9 Andritz(Austria)
- 4.9.1 Andritz(Austria) Excitation Systems Company Information
- 4.9.2 Andritz(Austria) Excitation Systems Business Overview
- 4.9.3 Andritz(Austria) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.9.4 Andritz(Austria) Product Portfolio
- 4.9.5 Andritz(Austria) Recent Developments
- 4.10 Siemens(Germany)
- 4.10.1 Siemens(Germany) Excitation Systems Company Information
- 4.10.2 Siemens(Germany) Excitation Systems Business Overview
- 4.10.3 Siemens(Germany) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.10.4 Siemens(Germany) Product Portfolio
- 4.10.5 Siemens(Germany) Recent Developments
- 4.11 GE
- 4.11.1 GE Excitation Systems Company Information
- 4.11.2 GE Excitation Systems Business Overview
- 4.11.3 GE Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.11.4 GE Product Portfolio
- 4.11.5 GE Recent Developments
- 4.12 VEO OY(Finland)
- 4.12.1 VEO OY(Finland) Excitation Systems Company Information
- 4.12.2 VEO OY(Finland) Excitation Systems Business Overview
- 4.12.3 VEO OY(Finland) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.12.4 VEO OY(Finland) Product Portfolio
- 4.12.5 VEO OY(Finland) Recent Developments
- 4.13 ABB(Switzerland)
- 4.13.1 ABB(Switzerland) Excitation Systems Company Information
- 4.13.2 ABB(Switzerland) Excitation Systems Business Overview
- 4.13.3 ABB(Switzerland) Excitation Systems Production, Value and Gross Margin (2021-2026)
- 4.13.4 ABB(Switzerland) Product Portfolio
- 4.13.5 ABB(Switzerland) Recent Developments
5 Global Excitation Systems Production by Region
- 5.1 Global Excitation Systems Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Excitation Systems Production by Region: 2021-2032
- 5.2.1 Global Excitation Systems Production by Region: 2021-2026
- 5.2.2 Global Excitation Systems Production Forecast by Region (2027-2032)
- 5.3 Global Excitation Systems Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Excitation Systems Production Value by Region: 2021-2032
- 5.4.1 Global Excitation Systems Production Value by Region: 2021-2026
- 5.4.2 Global Excitation Systems Production Value Forecast by Region (2027-2032)
- 5.5 Global Excitation Systems Market Price Analysis by Region (2021-2026)
- 5.6 Global Excitation Systems Production and Value, YOY Growth
- 5.6.1 North America Excitation Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Excitation Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Excitation Systems Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Excitation Systems Production Value Estimates and Forecasts (2021-2032)
6 Global Excitation Systems Consumption by Region
- 6.1 Global Excitation Systems Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Excitation Systems Consumption by Region (2021-2032)
- 6.2.1 Global Excitation Systems Consumption by Region: 2021-2026
- 6.2.2 Global Excitation Systems Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Excitation Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Excitation Systems Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Excitation Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Excitation Systems Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Excitation Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Excitation Systems Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Excitation Systems Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Excitation Systems Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Excitation Systems Production by Type (2021-2032)
- 7.1.1 Global Excitation Systems Production by Type (2021-2032) & (units)
- 7.1.2 Global Excitation Systems Production Market Share by Type (2021-2032)
- 7.2 Global Excitation Systems Production Value by Type (2021-2032)
- 7.2.1 Global Excitation Systems Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Excitation Systems Production Value Market Share by Type (2021-2032)
- 7.3 Global Excitation Systems Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Excitation Systems Production by Application (2021-2032)
- 8.1.1 Global Excitation Systems Production by Application (2021-2032) & (units)
- 8.1.2 Global Excitation Systems Production Market Share by Application (2021-2032)
- 8.2 Global Excitation Systems Production Value by Application (2021-2032)
- 8.2.1 Global Excitation Systems Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Excitation Systems Production Value Market Share by Application (2021-2032)
- 8.3 Global Excitation Systems Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Excitation Systems Value Chain Analysis
- 9.1.1 Excitation Systems Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Excitation Systems Production Mode & Process
- 9.2 Excitation Systems Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Excitation Systems Distributors
- 9.2.3 Excitation Systems Customers
10 Global Excitation Systems Analyzing Market Dynamics
- 10.1 Excitation Systems Industry Trends
- 10.2 Excitation Systems Industry Drivers
- 10.3 Excitation Systems Industry Opportunities and Challenges
- 10.4 Excitation Systems Industry Restraints
11 Report Conclusion
12 Disclaimer
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