TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 20
2.2.2 TOP-DOWN APPROACH 21
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.5 RESEARCH ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN THE EXCITATION SYSTEMS MARKET, 2018–2023 27
4.2 EXCITATION SYSTEMS MARKET, BY REGION 27
4.3 EXCITATION SYSTEMS MARKET, BY TYPE 28
4.4 EXCITATION SYSTEMS MARKET, BY CONTROLLER TYPE 28
4.5 EXCITATION SYSTEMS MARKET, BY APPLICATION 29
4.6 ASIA PACIFIC EXCITATION SYSTEMS MARKET, BY COUNTRY AND TYPE 30
5 MARKET OVERVIEW 31
5.1 INTRODUCTION 32
5.2 MARKET DYNAMICS 32
5.2.1 DRIVERS 33
5.2.1.1 Ability to ensure long-term reliable operations for synchronous machines 33
5.2.1.2 Rising demand for synchronous machines 33
5.2.2 RESTRAINTS 33
5.2.2.1 Complex design leading to difficulty in maintenance 33
5.2.3 OPPORTUNITIES 34
5.2.3.1 Solar and wind power applications to provide future opportunities 34
5.2.3.2 Demand for synchronous machines in the HVDC network 34
5.2.4 CHALLENGES 34
5.2.4.1 Development of voltage source converter excitation systems as a substitute for conventional thyristor-based static excitation systems 34
6 EXCITATION SYSTEMS MARKET, BY TYPE 35
6.1 INTRODUCTION 36
6.2 STATIC EXCITATION SYSTEMS 37
6.3 BRUSHLESS EXCITATION SYSTEMS 37
7 EXCITATION SYSTEMS MARKET, BY CONTROLLER TYPE 39
7.1 INTRODUCTION 40
7.2 ANALOG CONTROL 41
7.3 DIGITAL CONTROL 41
8 EXCITATION SYSTEMS MARKET, BY APPLICATION 43
8.1 INTRODUCTION 44
8.2 SYNCHRONOUS GENERATORS 45
8.3 SYNCHRONOUS MOTORS 45
9 EXCITATION SYSTEMS MARKET, BY REGION 47
9.1 INTRODUCTION 48
9.2 ASIA PACIFIC 49
9.2.1 BY TYPE 51
9.2.2 BY CONTROLLER TYPE 51
9.2.3 BY APPLICATION 51
9.2.4 BY COUNTRY 52
9.2.4.1 China 52
9.2.4.2 India 53
9.2.4.3 Japan 53
9.2.4.4 South Korea 54
9.2.4.5 Rest of Asia Pacific 54
9.3 EUROPE 55
9.3.1 BY TYPE 55
9.3.2 BY CONTROLLER TYPE 55
9.3.3 BY APPLICATION 56
9.3.4 BY COUNTRY 56
9.3.4.1 Russia 57
9.3.4.2 Germany 57
9.3.4.3 UK 58
9.3.4.4 Italy 58
9.3.4.5 Norway 59
9.3.4.6 Rest of Europe 59
9.4 NORTH AMERICA 60
9.4.1 BY TYPE 61
9.4.2 BY CONTROLLER TYPE 61
9.4.3 BY COUNTRY 62
9.4.3.1 US 62
9.4.3.2 Canada 63
9.4.3.3 Mexico 63
9.5 SOUTH AMERICA 64
9.5.1 BY TYPE 64
9.5.2 BY CONTROLLER TYPE 64
9.5.3 BY APPLICATION 65
9.5.4 BY COUNTRY 65
9.5.4.1 Brazil 66
9.5.4.2 Argentina 66
9.5.4.3 Venezuela 67
9.5.4.4 Rest of South America 67
9.6 MIDDLE EAST 68
9.6.1 BY TYPE 68
9.6.2 BY CONTROLLER TYPE 68
9.6.3 BY APPLICATION 69
9.6.4 BY COUNTRY 69
9.6.4.1 Saudi Arabia 70
9.6.4.2 Oman 70
9.6.4.3 Qatar 71
9.6.4.4 UAE 71
9.6.4.5 Rest of The Middle East 72
9.7 AFRICA 73
9.7.1 BY TYPE 73
9.7.2 BY CONTROLLER TYPE 73
9.7.3 BY APPLICATION 74
9.7.4 BY COUNTRY 74
9.7.4.1 South Africa 75
9.7.4.2 Egypt 75
9.7.4.3 Nigeria 76
9.7.4.4 Algeria 76
9.7.4.5 Rest of Africa 77
10 COMPETITIVE LANDSCAPE 78
10.1 INTRODUCTION 78
10.2 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2017 79
10.3 COMPETITIVE SCENARIO 80
10.3.1 CONTRACTS & AGREEMENTS 81
10.3.2 NEW PRODUCT LAUNCHES 81
10.3.3 MERGERS & ACQUISITIONS 82
11 COMPANY PROFILES 83
11.1 BENCHMARKING 83
(Business Overview, Products Offered, Recent Developments, and MnM View)*
11.2 ABB 84
11.3 ROLLS ROYCE 87
11.4 VOITH 89
11.5 TENEL 91
11.6 BASLER ELECTRIC 92
11.7 KONČAR INEM 95
11.8 ALTEX ELECTRIC 98
11.9 AUTOMATION ELECTRONICS INDIA 99
11.10 AMTECH POWER 100
11.11 ANDRITZ 101
11.12 SIEMENS 104
11.13 GE 105
11.14 VEO OY 108
*Details on Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12 APPENDIX 110
12.1 INSIGHTS OF INDUSTRY EXPERTS 110
12.2 DISCUSSION GUIDE 111
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 113
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 115
12.5 AVAILABLE CUSTOMIZATIONS 116
12.6 RELATED REPORTS 116
12.7 AUTHOR DETAILS 117
TABLE 1 EXCITATION SYSTEMS MARKET SNAPSHOT 24
TABLE 2 EXCITATION SYSTEMS MARKET, BY TYPE, 2016–2023 (USD MILLION) 36
TABLE 3 STATIC EXCITATION SYSTEMS: EXCITATION SYSTEMS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 37
TABLE 4 BRUSHLESS EXCITATION: EXCITATION SYSTEMS MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 38
TABLE 5 EXCITATION SYSTEMS MARKET, BY CONTROLLER TYPE,
2016–2023 (USD MILLION) 40
TABLE 6 ANALOG CONTROL: EXCITATION SYSTEMS MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 41
TABLE 7 DIGITAL CONTROL: EXCITATION SYSTEMS MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 42
TABLE 8 EXCITATION SYSTEMS MARKET, BY APPLICATION, 2016–2023 (USD MILLION) 44
TABLE 9 SYNCHRONOUS GENERATORS: EXCITATION SYSTEMS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 45
TABLE 10 SYNCHRONOUS MOTORS: EXCITATION SYSTEMS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 46
TABLE 11 EXCITATION SYSTEMS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 49
TABLE 12 ASIA PACIFIC: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 51
TABLE 13 ASIA PACIFIC: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE,
2016–2023 (USD MILLION) 51
TABLE 14 ASIA PACIFIC: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION,
2016–2023 (USD MILLION) 51
TABLE 15 ASIA PACIFIC: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 52
TABLE 16 CHINA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 52
TABLE 17 INDIA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 53
TABLE 18 JAPAN: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 53
TABLE 19 SOUTH KOREA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 54
TABLE 20 REST OF ASIA PACIFIC: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 54
TABLE 21 EUROPE: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 55
TABLE 22 EUROPE: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE,
2016–2023 (USD MILLION) 55
TABLE 23 EUROPE: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION,
2016–2023 (USD MILLION) 56
TABLE 24 EUROPE: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 56
TABLE 25 RUSSIA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 57
TABLE 26 GERMANY: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 57
TABLE 27 UK: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 58
TABLE 28 ITALY: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 58
TABLE 29 NORWAY: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 59
TABLE 30 REST OF EUROPE: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 59
TABLE 31 NORTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 61
TABLE 32 NORTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE, 2016–2023 (USD MILLION) 61
TABLE 33 NORTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION,
2016–2023 (USD MILLION) 61
TABLE 34 NORTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 62
TABLE 35 US: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 62
TABLE 36 CANADA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 63
TABLE 37 MEXICO: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 63
TABLE 38 SOUTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 64
TABLE 39 SOUTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE, 2016–2023 (USD MILLION) 64
TABLE 40 SOUTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION,
2016–2023 (USD MILLION) 65
TABLE 41 SOUTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 65
TABLE 42 BRAZIL: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 66
TABLE 43 ARGENTINA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 66
TABLE 44 VENEZUELA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 67
TABLE 45 REST OF SOUTH AMERICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 67
TABLE 46 MIDDLE EAST: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 68
TABLE 47 MIDDLE EAST: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE,
2016–2023 (USD MILLION) 68
TABLE 48 MIDDLE EAST & AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION) 69
TABLE 49 MIDDLE EAST: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 69
TABLE 50 SAUDI ARABIA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 70
TABLE 51 OMAN: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 70
TABLE 52 QATAR: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 71
TABLE 53 UAE: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 71
TABLE 54 REST OF THE MIDDLE EAST: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 72
TABLE 55 AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 73
TABLE 56 AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY CONTROLLER TYPE,
2016–2023 (USD MILLION) 73
TABLE 57 AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY APPLICATION,
2016–2023 (USD MILLION) 74
TABLE 58 AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY COUNTRY,
2016–2023 (USD MILLION) 74
TABLE 59 SOUTH AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 75
TABLE 60 EGYPT: EXCITATION SYSTEMS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 75
TABLE 61 NIGERIA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 76
TABLE 62 ALGERIA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 76
TABLE 63 REST OF AFRICA: EXCITATION SYSTEMS MARKET SIZE, BY TYPE,
2016–2023 (USD MILLION) 77
TABLE 64 KONČAR–INEM WAS THE MOST ACTIVE PLAYER, 2014–2017 80
TABLE 65 CONTRACTS & AGREEMENTS, 2017 81
TABLE 66 NEW PRODUCT LAUNCHES, 2014–2016 81
TABLE 67 MERGERS & ACQUISITIONS, 2017 82
LIST OF FIGURES
FIGURE 1 MARKET SEGMENTATION 14
FIGURE 2 RESEARCH DESIGN 16
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 20
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 21
FIGURE 5 DATA TRIANGULATION METHODOLOGY 22
FIGURE 6 ASSUMPTIONS OF THE RESEARCH STUDY 23
FIGURE 7 BRUSHLESS SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 25
FIGURE 8 DIGITAL SEGMENT IS EXPECTED TO LEAD THE EXCITATION SYSTEMS MARKET DURING THE FORECAST PERIOD 25
FIGURE 9 SYNCHRONOUS GENERATORS SEGMENT IS EXPECTED TO LEAD THE EXCITATION SYSTEMS MARKET IN 2018 26
FIGURE 10 ASIA PACIFIC IS EXPECTED TO DOMINATE THE EXCITATION SYSTEMS
MARKET, 2018 26
FIGURE 11 RISING DEMAND FOR SYNCHRONOUS MACHINES IS EXPECTED TO DRIVE THE MARKET DEMAND FOR EXCITATION SYSTEMS MARKET 27
FIGURE 12 ASIA PACIFIC TO GROW AT FASTEST RATE IN THE GLOBAL EXCITATION SYSTEMS MARKET DURING THE FORECAST PERIOD 27
FIGURE 13 BRUSHLESS SEGMENT IS EXPECTED TO LEAD THE EXCITATION SYSTEMS MARKET IN 2018 28
FIGURE 14 DIGITAL SEGMENT IS EXPECTED TO LEAD THE EXCITATION SYSTEMS MARKET FROM 2018–2023 28
FIGURE 15 SYNCHRONOUS GENERATORS SEGMENT IS EXPECTED TO GROW AT FASTEST CAGR DURING THE FORECAST PERIOD 29
FIGURE 16 CHINA ACCOUNTED FOR LARGEST SHARE OF THE ASIA PACIFIC EXCITATION SYSTEMS MARKET IN 2018 30
FIGURE 17 MARKET DYNAMICS: EXCITATION SYSTEMS MARKET 32
FIGURE 18 BRUSHLESS EXCITATION SEGMENT IS EXPECTED TO DOMINATE THE EXCITATION SYSTEMS MARKET IN 2018 36
FIGURE 19 DIGITAL CONTROL SEGMENT IS EXPECTED TO DOMINATE THE EXCITATION SYSTEMS MARKET IN 2018 40
FIGURE 20 SYNCHRONOUS GENERATORS ARE EXPECTED TO DOMINATE THE EXCITATION SYSTEMS MARKET BY APPLICATION, IN 2018 44
FIGURE 21 EXCITATION SYSTEMS MARKET SHARE (VALUE), BY REGION, 2018 48
FIGURE 22 EXCITATION SYSTEMS MARKET SIZE, BY REGION, 2018–2023 (USD MILLION) 48
FIGURE 23 ASIA PACIFIC: EXCITATION SYSTEMS MARKET SNAPSHOT 50
FIGURE 24 NORTH AMERICA: EXCITATION SYSTEMS MARKET SNAPSHOT 60
FIGURE 25 KEY DEVELOPMENTS IN THE EXCITATION SYSTEMS MARKET, 2014–2017 78
FIGURE 26 RANKING OF PLAYERS, 2017 79
FIGURE 27 ABB: COMPANY SNAPSHOT 84
FIGURE 28 ROLLS ROYCE: COMPANY SNAPSHOT 87
FIGURE 29 VOITH: COMPANY SNAPSHOT 89
FIGURE 30 KONČAR INEM: COMPANY SNAPSHOT 95
FIGURE 31 ANDRITZ: COMPANY SNAPSHOT 101
FIGURE 32 SIEMENS: COMPANY SNAPSHOT 104
FIGURE 33 GE: COMPANY SNAPSHOT 105
FIGURE 34 VEO OY: COMPANY SNAPSHOT 108
【レポートのキーワード】
励振装置、ブラシレス、制御装置、同期発電機、同期モータ
