Precision Business Insights has published a report on the global excitation systems market, estimating its value at USD 3,065.8 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of...

IntroductionThe Excitation Systems Market forms a vital component of modern power generation and industrial automation, ensuring the stable and efficient operation of synchronous machines. Excitation systems provide the necessary field current to generator rotors, regulating voltage and reactive power output in real time. As global power demand rises and renewable energy integration expands,...