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市場調查報告書
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1622533

全球勵磁系統市場規模(按地區、範圍和預測)

Global Excitation Systems Market Size By Type (Static, Brushless), By Controller Type (Analog, Digital), By Application (Synchronous Generators, Synchronous Machines), By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格
簡介目錄

勵磁系統市場規模及預測

勵磁系統市場規模在 2024 年價值 27 億美元,預計到 2031 年將達到 39 億美元,2024 年至 2031 年的複合年增長率為 4.7%。勵磁系統是同步機的關鍵元件,為轉子的勵磁繞組提供直流電 (DC)。該技術提供操作機器所需的磁場,並允許透過電磁感應產生交流電 (AC)。勵磁系統通常由勵磁機、自動電壓調節器(AVR)以及各種控制和測量設備組成。此外,其主要應用包括發電中的電壓調節、提高電力系統的穩定性以及工業環境中的功率因數校正。

全球勵磁系統市場動態

影響勵磁系統市場的關鍵市場動態

主要市場驅動因子

全球電力需求不斷增加:

全球對電力的需求不斷增加是勵磁系統市場的主要驅動力。根據國際能源總署 (IEA) 的數據,預計到 2040 年全球電力需求將每年增加 2.1%。儘管出現了新冠疫情,但 2020 年全球電力需求僅下降了 1%,並且未來幾年可能會復甦並增加。這種不斷增長的需求使得發電設施的建設和更新成為必要,而這又需要先進的勵磁系統。

再生能源領域的成長:

再生能源,特別是風能和太陽能的快速擴張,正在推動對勵磁系統的需求。根據國際再生能源機構(IRENA)的數據,2020年再生能源裝置容量成長45%,達到280吉瓦,為1999年以來的最大年成長。再生能源發電設施的增加推動了對勵磁系統的需求,以確保穩定的發電和電網整合。

已開發國家的電力基礎設施老化:

許多富裕國家都面臨電力基礎設施老化、需要改造和升級的問題。根據美國能源部統計,70%的電力變壓器的使用年資超過25年,60%的斷路器的使用年限超過30年。這些老化的基礎設施正在推動對新的和改進的發電廠的投資,包括現代勵磁系統,以提高效率和可靠性。

主要問題

維護要求高:

勵磁系統的高維護要求是市場的主要阻礙因素。如果維護不當,勵磁系統可能會導致發電廠非計劃停電,擾亂運作並造成經濟損失。頻繁的維護需求會打擊潛在投資者的動機並限制市場擴張,尤其是在營運預算較低和維護資源稀缺的地區。

科技快速進步:

數位控制系統技術的快速發展也是一個障礙。隨著數位勵磁控制技術變得越來越普及,舊的勵磁系統將難以競爭。這種轉變需要大量的研發投資才能跟上發展,這對於中小型企業和營運資源有限的企業來說成本過高。

能源價格波動:

能源價格波動影響勵磁機市場。經濟衰退和能源市場的波動導致對發電基礎設施(包括勵磁系統)的投資減少。低能源價格導致公用事業公司推遲或減少現有系統的升級和更換,減緩了市場成長和勵磁技術的創新。

主要趨勢:

數位科技的融合日益加強:

擴大採用數位技術是勵磁系統市場的一個主要趨勢。由於監控和控制能力的提高提高了同步機的可靠性和效率,數位勵磁系統變得越來越流行。這些系統使用先進的演算法和數據分析來最大限度地提高性能,並使公用事業公司能夠更好地管理發電和配電。

無刷勵磁系統的需求不斷增加:

其中一個發展是對無刷勵磁系統的需求日益增長。這種方法消除了對滑環和碳刷的需求,減少了維護並提高了可靠性。無刷系統在尋求降低營運成本和停機時間的公司中越來越受歡迎。電力傳輸的效率和減少的磨損促進了它們的廣泛應用,特別是在難以維護的應用中。

再生能源的興起:

再生能源的出現對勵磁系統市場產生了重大影響。隨著能源格局向太陽能、風能和水力發電發展,對可靠的勵磁系統來穩定這些間歇性能源的需求日益增長。勵磁系統在確保電壓穩定性和無功功率支援方面發揮關鍵作用,這兩者對於將再生能源融入現有電網並推動市場成長都是必要的。

目錄

第 1 章簡介

  • 市場定義
  • 市場區隔
  • 研究方法

第 2 章執行摘要

  • 主要發現 市場概況
  • 市場亮點

第三章 市場概覽

  • 市場規模與成長潛力
  • 市場趨勢
  • 市場推動因素
  • 市場限制
  • 市場機會
  • 波特五力分析
第四章 勵磁系統市場類型
  • 無刷勵磁系統
  • 靜態勵磁系統
  • 旋轉勵磁系統
  • 數位勵磁系統
第 5 章 勵磁系統市場(依應用)
  • 發電
  • 再生能源
  • 工業應用
  • 船舶與近海
第六章 勵磁系統市場(依最終用戶產業)
  • 實用程式
  • 發電廠
  • 再生能源開發公司
  • 工業製造商

第 7 章 區域分析

  • 北美洲
  • 美國
  • 加拿大
  • 墨西哥
  • 歐洲
  • 英國
  • 德國
  • 法國
  • 義大利 亞太地區
  • 中國
  • 日本
  • 印度
  • 澳大利亞
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中東和非洲
  • 南非
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國

第 8 章 市場動態

  • 市場推動因素
  • 市場限制
  • 市場機會
  • COVID-19 市場影響

第 9 章 競爭格局

  • 大型公司
  • 市佔率分析

第十章 公司簡介

  • ABB Ltd
  • Andritz AG
  • Basler Electric Company
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Tenel, s.r.o.
  • Voith GmbH & Co. KGaA
  • WEG Group

第 11 章 市場展望與機會

  • 新興技術
  • 未來市場趨勢
  • 投資機會

第 12 章附錄

  • 縮寫列表
  • 來源與參考文獻
簡介目錄
Product Code: 16581

Excitation Systems Market Size and Forecast

Excitation Systems Market size was valued at USD 2.7 Billion in 2024 and is projected to reach USD 3.9 Billion by 2031, growing at a CAGR of 4.7% from 2024 to 2031. An excitation system is a critical component in synchronous machines, supplying direct current (DC) to the rotor's field windings. This technology provides a magnetic field required for the machine's operation, allowing it to produce alternating current (AC) via electromagnetic induction. The excitation system typically consists of an exciter, an automated voltage regulator (AVR), and a variety of control and measuring devices. Furthermore, its principal applications include voltage regulation in power generation, increased stability in power systems, and improved overall power factor in industrial settings.

Global Excitation Systems Market Dynamics

The key market dynamics that are shaping the excitation systems market include:

Key Market Drivers

Increasing Global Electricity Demand:

The rising global need for power is a major driver of the excitation systems market. According to the International Energy Agency (IEA), global electricity demand is expected to increase by 2.1% each year until 2040. Despite the COVID-19 epidemic, worldwide power demand declined by just around 1% in 2020 and is likely to recoup and rise in the years ahead. This growing demand necessitates the construction and updating of power-producing facilities, resulting in the necessity for sophisticated excitation systems.

Growing Renewable Energy Sector:

The fast expansion of renewable energy sources, particularly wind and solar power, is driving up demand for excitation systems. The International Renewable Energy Agency (IRENA) says that renewable energy capacity additions in 2020 increased by 45% to 280 GW, the greatest year-on-year rise since 1999. This growth in renewable energy installations is boosting the demand for excitation systems to ensure stable power generation and grid integration.

Aging Power Infrastructure in Developed Countries:

Many wealthy countries are experiencing the challenge of aging electricity infrastructure that requires renovation and upgrades. According to the US Department of Energy, 70% of power transformers are over 25 years old, while 60% of circuit breakers are over 30 years old. This aging infrastructure is pushing investments in new and improved power plants, including modern excitation systems, to improve efficiency and reliability.

Key Challenges:

High Maintenance Requirements:

The high maintenance requirements of excitation systems are a key restriction on the market. If not adequately maintained, excitation systems cause unscheduled outages in power plants, disrupting operations and resulting in financial losses. This requirement for frequent maintenance discourages potential investors and limits market expansion, especially in locations with small operational budgets and inadequate maintenance resources.

Rapid Technological Advancements:

The rapid growth of digital control system technology is another barrier. As digital excitation control technologies gain popularity, older excitation systems struggle to compete. This transition involves significant investment in research and development to stay up with developments, which is prohibitively expensive for smaller enterprises or those with limited resources, potentially leading to market consolidation as larger competitors dominate.

Fluctuations in Energy Prices:

Energy price fluctuations have an impact on the market for excitation systems. Economic downturns or energy market volatility result in lower investments in power generation infrastructure, including excitation systems. When energy prices are low, utilities postpone or reduce upgrades or replacements of current systems, slowing market growth and innovation in excitation technology.

Key Trends:

Growing Integration of Digital Technologies:

The increasing incorporation of digital technology is a major trend in the excitation systems market. Digital excitation systems are becoming more popular due to their improved monitoring and control capabilities, which increase the reliability and efficiency of synchronous machines. These systems maximize performance through advanced algorithms and data analytics, allowing utilities to better manage power generation and distribution, especially in the face of variable renewable energy demands.

Increasing Demand for Brushless Excitation Systems:

The rising need for brushless excitation systems is another development. These methods eliminate the need for slide rings and carbon brushes, resulting in lower maintenance and greater reliability. Brushless systems are gaining popularity as companies look to cut operational costs and downtime. Their efficiency in power transfer and decreased wear and tear contribute to their growing adoption, particularly in applications where maintenance access is challenging.

Rise of Renewable Energy Sources:

The advent of renewable energy sources has a considerable impact on the excitation systems market. As the energy landscape evolves toward solar, wind, and hydroelectric power, the demand for dependable excitation systems to stabilize these intermittent energy sources grows. Excitation systems serve an important role in ensuring voltage stability and reactive power support, both of which are required for integrating renewable energy into existing power grids and promoting market growth.

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Global Excitation Systems Market Regional Analysis

Here is a more detailed regional analysis of the excitation systems market:

Asia Pacific:

According to Verified Market Research, the Asia Pacific region is estimated to dominate the excitation systems market over the forecast period. The Asia Pacific region is undergoing fast industrialization and urbanization, resulting in increased electricity demand. According to the Asian Development Bank (ADB), energy demand in the Asia-Pacific region is expected to increase by around 50% between 2018 and 2035. This large growth in energy consumption is driving the need for new power generation facilities as well as modifications to existing ones, resulting in increased demand for excitation systems in the region.

Countries in the Asia-Pacific region are making significant investments in power infrastructure to fulfill rising energy demand. The International Energy Agency (IEA) estimates that Southeast Asia will invest USD 350 Billion in energy infrastructure by 2025. China, the largest market in the region, aims to invest over USD 6.1 Trillion in power systems by 2040. These massive investments are directly contributing to the growth of the excitation systems market in the region.

Furthermore, the Asia Pacific region is increasingly focused on renewable energy to meet its growing electricity demand sustainably. The International Renewable Energy Agency (IRENA) estimated that Asia accounted for 64% of new renewable energy capacity additions globally in 2020. China alone added 136 gigawatts of renewable capacity that year. The fast expansion of renewable energy installations, particularly wind and solar power, is increasing the need for improved excitation systems to assure grid stability and power quality.

North America:

North America is estimated to exhibit substantial growth during the forecast period. North America, particularly the United States, is experiencing issues with its outdated electricity infrastructure, necessitating modernization and upgrades. According to the American Society of Civil Engineers' 2021 Infrastructure Report Card, the United States' energy infrastructure scored a C- grade, with 70% of transmission and distribution lines older than 25 years. This aging infrastructure is driving investments in new and improved power plants, including modern excitation systems, to improve efficiency and reliability.

The fast expansion of renewable energy sources in North America has increased the need for improved excitation systems to assure grid stability. According to the US Energy Information Administration (EIA), renewable energy sources accounted for around 21% of total electricity generation in the United States in 2020, with forecasts of 42% by 2050. This huge rise in renewable energy integration needs improved excitation systems to handle voltage variations and keep the grid stable.

Additionally, North America's electrical demand is steadily rising, necessitating capacity expansion and upgrades. The North American Electric Reliability Corporation (NERC) predicts that power demand in North America will increase by about 1.2% each year until 2030. According to the US EIA, the region will add more than 500 GW of additional generation capacity by 2050 to meet rising demand. This increase in power generation capacity is a major driver of the regional excitation systems market.

Europe:

Europe region is estimated to exhibit significant growth during the forecast period. Many European countries are facing the challenge of outdated electricity infrastructure that requires renovations and replacements. According to the European Commission, over 30% of the EU's electrical infrastructure is more than 40 years old. This aging infrastructure is pushing investment in new and improved power plants, including modern excitation systems. The EU's Recovery and Resilience Facility has committed €672.5 billion for post-COVID-19 recovery, with a large amount going toward energy infrastructure upgrades.

Europe is leading the global move to renewable energy, increasing demand for innovative excitation systems. According to Eurostat, the European Union's statistical office, renewable energy accounted for 22.1% of gross final energy consumption in the EU by 2020, up from 9.6% in 2004. This rapid increase in renewable energy installations needs improved excitation systems to assure grid stability and power quality, which is driving market expansion in the region.

Furthermore, the increasing interconnection of European power grids is generating demand for sophisticated excitation technologies to maintain system stability. According to the European Network of Transmission System Operators for Energy (ENTSO-E), cross-border energy flows in Europe grew by 4.3% in 2020 over 2019, hitting 420 TWh. This expanded interconnectedness necessitates complex excitation systems to provide voltage stability and smooth power transfers across borders.

Global Excitation Systems Market: Segmentation Analysis

The Global Excitation Systems Market is segmented based on Type, Controller Type, Application, and Geography.

Excitation Systems Market, By Type

  • Static
  • Brushless

Based on Type, the market is segmented into Static and Brushless. The static segment is estimated to dominate the excitation systems market due to its ability to provide dependable and effective voltage regulation without the use of slip rings or carbon brushes, hence reducing maintenance requirements. Static systems are preferred due to their excellent system response, operational flexibility, and minimal losses, making them suitable for a wide range of power generating and distribution applications. As a result, they have been the favored option for utilities and businesses, propelling significant market growth.

Excitation Systems Market, By Controller Type

  • Analog
  • Digital

Based on Controller Type, the Excitation Systems Market is segmented into Analog and Digital. The digital segment is estimated to dominate the excitation systems market due to the growing demand for better control systems that improve the dependability and stability of synchronous machines. Digital controllers enable greater performance by monitoring in real-time and making accurate adjustments, which are critical for managing the complexities of modern power generation. As industries prioritize efficiency and operational reliability, the shift to digital solutions is projected to drive further market expansion in this segment.

Excitation Systems Market, By Application

  • Synchronous Generators
  • Synchronous Machines

Based on Application, the Excitation Systems Market is divided into Synchronous Generators and Synchronous Machines. The synchronous generators segment is anticipated to dominate the market over the forecast period due to the growing demand for dependable power generation, especially in hydropower applications where synchronous generators are required. These generators require stimulation systems to guarantee voltage stability and efficient operation. As the worldwide focus switches to renewable energy sources, the demand for synchronous generators is likely to increase, consolidating their market leadership during the forecast period.

Excitation Systems Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the excitation systems Excitation Systems Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is estimated to dominate during the forecasted period due to the rapid expansion of renewable energy sources and increased investments in power generation and transmission infrastructure in countries such as China and India. The region's growing industrial base and rising power demand exacerbate the need for dependable excitation systems, positioning it as a vital player in the worldwide market landscape.

Key Players

  • The "Excitation Systems Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
  • ABB Ltd, Andritz AG, Basler Electric Company, Fuji Electric Co. Ltd., General Electric Company, Mitsubishi Electric Corporation, Siemens AG, Tenel s.r.o., Voith GmbH & Co. KGaA, and WEG Group.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

  • Excitation Systems Market Recent Developments
  • In November 2020, ABB obtained a contract to deliver excitation systems and speed regulation for four producing units at the Governador Jose Richa hydroelectric plant on the Iguazu River.
  • In May 2020, ANDRITZ and Companhia Hidreletrica do So Francisco (CHESF) signed a deal to renovate and digitize the Sobradinho hydropower facility on the So Francisco River in Brazil. Our supplies include transformers, cooling, ventilation, excitation, turbine governors, and protection. It also has medium and low-voltage cubicles.

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Excitation Systems Market, By Type

  • Brushless Excitation Systems
  • Static Excitation Systems
  • Rotating Excitation Systems
  • Digital Excitation Systems

5. Excitation Systems Market, By Application

  • Power Generation
  • Renewable Energy
  • Industrial Applications
  • Marine and Offshore

6. Excitation Systems Market, By End-User Industry

  • Utilities
  • Power Plants
  • Renewable Energy Developers
  • Industrial Manufacturers

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • ABB Ltd
  • Andritz AG
  • Basler Electric Company
  • Fuji Electric Co., Ltd.
  • General Electric Company
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Tenel, s.r.o.
  • Voith GmbH & Co. KGaA
  • WEG Group

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References