Synchronous Generator Industry Growth Analysis With Investment Opportunities For 2023-2028

Synchronous Generator Industry Report 2023: Size, Share, Trends, Growth Drivers, Forecast to 2028 The Synchronous Generator Industry has experienced robust growth in recent years, expanding from $4.7 billion in 2023 to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion...

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...

Increasing adoption of the energy efficient standards in the industry of motors

The applications in the energy efficient motors market vary from one another and have a diversified base in various industrial sectors.. Electric motors may consumenearly 30% to 40% of the global generated electricity. Electric motors are used by the end-users where mechanical energy is required. The basic principle of the electric motors is to convert electrical energy into rotary mechanical energy,...