Excitation Systems Market Projected to Garner Significant Revenues By 2030

The excitation systems market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for synchronous machines from various end use industries. In addition, rise in investment towards power infrastructure projects fuels the growth of the excitation systems market. However, complicated design and disadvantages of …

Excitation Systems Market to Hit $3.4 billion by 2030, at a CAGR of 4.6%

According to a new report published by Allied Market Research titled, “Excitation systems market by Type, Controller Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,”. Significant development of the end-use industries such as oil & gas, power, mining, chemicals, pulp & paper, and others is fueling the demand for synchronous machines which in …