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市场调查报告书
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1622533

全球励磁系统市场规模(按地区、范围和预测)

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个工作天内

价格
简介目录

励磁系统市场规模及预测

励磁系统市场规模在 2024 年价值 27 亿美元,预计到 2031 年将达到 39 亿美元,2024 年至 2031 年的复合年增长率为 4.7%。励磁系统是同步机的关键元件,为转子的励磁绕组提供直流电 (DC)。该技术提供操作机器所需的磁场,并允许透过电磁感应产生交流电 (AC)。励磁系统通常由励磁机、自动电压调节器(AVR)以及各种控制和测量设备组成。此外,其主要应用包括发电中的电压调节、提高电力系统的稳定性以及工业环境中的功率因数校正。

全球励磁系统市场动态

影响励磁系统市场的关键市场动态

主要市场驱动因子

全球电力需求不断增加:

全球对电力的需求不断增加是励磁系统市场的主要驱动力。根据国际能源总署 (IEA) 的数据,预计到 2040 年全球电力需求将每年增加 2.1%。儘管出现了新冠疫情,但 2020 年全球电力需求仅下降了 1%,并且未来几年可能会復苏并增加。这种不断增长的需求使得发电设施的建设和更新成为必要,而这又需要先进的励磁系统。

再生能源领域的成长:

再生能源,特别是风能和太阳能的快速扩张,正在推动对励磁系统的需求。根据国际再生能源机构(IRENA)的数据,2020年再生能源装置容量成长45%,达到280吉瓦,为1999年以来的最大年成长。再生能源发电设施的增加推动了对励磁系统的需求,以确保稳定的发电和电网整合。

已开发国家的电力基础设施老化:

许多富裕国家都面临电力基础设施老化、需要改造和升级的问题。根据美国能源部统计,70%的电力变压器的使用年资超过25年,60%的断路器的使用年限超过30年。这些老化的基础设施正在推动对新的和改进的发电厂的投资,包括现代励磁系统,以提高效率和可靠性。

主要问题

维护要求高:

励磁系统的高维护要求是市场的主要阻碍因素。如果维护不当,励磁系统可能会导致发电厂非计划停电,扰乱运作并造成经济损失。频繁的维护需求会打击潜在投资者的动机并限制市场扩张,尤其是在营运预算较低和维护资源稀缺的地区。

科技快速进步:

数位控制系统技术的快速发展也是一个障碍。随着数位励磁控制技术变得越来越普及,旧的励磁系统将难以竞争。这种转变需要大量的研发投资才能跟上发展,这对于中小型企业和营运资源有限的企业来说成本过高。

能源价格波动:

能源价格波动影响励磁机市场。经济衰退和能源市场的波动导致对发电基础设施(包括励磁系统)的投资减少。低能源价格导致公用事业公司推迟或减少现有系统的升级和更换,减缓了市场成长和励磁技术的创新。

主要趋势:

数位科技的融合日益加强:

扩大采用数位技术是励磁系统市场的一个主要趋势。由于监控和控制能力的提高提高了同步机的可靠性和效率,数位励磁系统变得越来越流行。这些系统使用先进的演算法和数据分析来最大限度地提高性能,并使公用事业公司能够更好地管理发电和配电。

无刷励磁系统的需求不断增加:

其中一个发展是对无刷励磁系统的需求日益增长。这种方法消除了对滑环和碳刷的需求,减少了维护并提高了可靠性。无刷系统在寻求降低营运成本和停机时间的公司中越来越受欢迎。电力传输的效率和减少的磨损促进了它们的广泛应用,特别是在难以维护的应用中。

再生能源的兴起:

再生能源的出现对励磁系统市场产生了重大影响。随着能源格局向太阳能、风能和水力发电发展,对可靠的励磁系统来稳定这些间歇性能源的需求日益增长。励磁系统在确保电压稳定性和无功功率支援方面发挥关键作用,这两者对于将再生能源融入现有电网并推动市场成长都是必要的。

目录

第 1 章简介

  • 市场定义
  • 市场区隔
  • 研究方法

第 2 章执行摘要

  • 主要发现 市场概况
  • 市场亮点

第三章 市场概览

  • 市场规模与成长潜力
  • 市场趋势
  • 市场推动因素
  • 市场限制
  • 市场机会
  • 波特五力分析
第四章 励磁系统市场类型
  • 无刷励磁系统
  • 静态励磁系统
  • 旋转励磁系统
  • 数位励磁系统
第 5 章 励磁系统市场(依应用)
  • 发电
  • 再生能源
  • 工业应用
  • 船舶与近海
第六章 励磁系统市场(依最终用户产业)
  • 实用程式
  • 发电厂
  • 再生能源开发公司
  • 工业製造商

第 7 章 区域分析

  • 北美洲
  • 美国
  • 加拿大
  • 墨西哥
  • 欧洲
  • 英国
  • 德国
  • 法国
  • 义大利 亚太地区
  • 中国
  • 日本
  • 印度
  • 澳大利亚
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中东和非洲
  • 南非
  • 沙乌地阿拉伯
  • 阿拉伯联合大公国

第 8 章 市场动态

  • 市场推动因素
  • 市场限制
  • 市场机会
  • COVID-19 市场影响

第 9 章 竞争格局

  • 大型公司
  • 市占率分析

第十章 公司简介

  • 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 市场展望与机会

  • 新兴技术
  • 未来市场趋势
  • 投资机会

第 12 章附录

  • 缩写列表
  • 来源与参考文献
简介目录
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