Generator Excitation Control System Market Size is USD 2,569.70 Million in 2025

Stats ID: 8637 | Delivery Format: Databook | Tables and Figures: 40+ | Last Updated: August 2025 | Delivery: Immediate

The global generator excitation control system market was valued at USD 2,452 million in 2024 and is projected to reach USD 3,918.62 million by 2034, growing at a CAGR of 4.8% from 2025 tp 2034. Growth is driven by rising demand for reliable power supply and increasing integration of renewable energy sources.

Generator Excitation Control System Market Statical Scope

Reports Attributes	Statistics
Market Size in 2024	USD 2452 Million
Market Size in 2025	USD 2,569.7 Million
Market Size in 2031	USD 3,404.47 Million
Market Size by 2034	USD 3,918.62 Million
CAGR 2025 to 2034	4.8%
Base Year	2024
Forecast Period	2025 to 2034

Generator Excitation Control System Market Companies:

Emerson
GE
GEUMHWA C&E
ZAT
Basler Electric
REIVAX
Siemens
Nidec
ABB
MSHS
Baker Hughes
KONČAR
JEUMONT Electric
Andritz
L&S Electric
China National Electric Apparatus Research Institute Co., Ltd.
Beijing Sifang Automation Co., Ltd.

Generator Excitation Control System Market Segmentation:

By Type

DC Excitation System
AC Excitation System
Static Excitation System

By Application

Hydroelectric Power Plant
Thermal Power Plant
Nuclear Power Plant
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Published by Shubham Desale

Global Market Revenue

Generator Excitation Control System Market Revenue, By Type 2024 to 2034 (USD Million)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
DC Excitation System	874.64	929.39	967.63	1,032.95	1,084.51	1,129.07	1,188.84	1,256.72	1,336.18	1,397.13	1,448.80
AC Excitation System	957.22	1,006.52	1,063.53	1,107.64	1,168.86	1,229.63	1,290.97	1,355.72	1,424.43	1,495.88	1,592.63
Static Excitation System	620.15	633.79	661.89	681.72	704.40	741.05	768.73	792.02	807.27	846.13	877.18

Generator Excitation Control System Market Revenue, By Application 2024 to 2034 (USD Million)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Hydroelectric Power Plant	739.80	773.51	821.65	868.16	919.37	945.78	995.58	1,054.02	1,090.61	1,133.63	1,190.47
Thermal Power Plant	983.23	1,017.18	1,064.01	1,130.28	1,185.65	1,247.97	1,303.57	1,362.55	1,431.19	1,516.81	1,575.45
Nuclear Power Plant	486.04	541.39	560.78	572.14	588.93	625.68	653.94	686.17	729.82	769.49	821.02
Others	242.93	237.61	246.61	251.73	263.84	280.32	295.45	301.74	316.27	319.22	331.69

Generator Excitation Control System Market Revenue, By Region 2024 to 2034 (USD Million)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	607.24	626.08	644.65	702.65	723.51	767.68	803.04	842.39	883.39	938.21	1,000.25
Europe	750.39	789.54	812.16	859.28	891.37	944.49	981.01	1,033.67	1,105.43	1,150.43	1,208.35
Asia Pacific	484.95	529.23	566.12	582.65	612.00	649.04	695.02	742.12	767.97	808.31	856.28
Latin America	366.20	362.19	372.78	370.09	403.00	410.70	429.60	442.84	453.27	477.45	471.07
Middle East and Africa	243.22	262.65	297.33	307.64	327.91	327.85	339.87	343.45	357.82	364.75	382.67

Last Updated: 29 Aug 2025

Source: Statifacts

Global Market Revenue

Generator Excitation Control System Market Revenue, By Type 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
DC Excitation System	874.64	929.39	967.63	1,032.95	1,084.51	1,129.07	1,188.84	1,256.72	1,336.18	1,397.13	1,448.80
AC Excitation System	957.22	1,006.52	1,063.53	1,107.64	1,168.86	1,229.63	1,290.97	1,355.72	1,424.43	1,495.88	1,592.63
Static Excitation System	620.15	633.79	661.89	681.72	704.40	741.05	768.73	792.02	807.27	846.13	877.18

Generator Excitation Control System Market Revenue, By Application 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Hydroelectric Power Plant	739.80	773.51	821.65	868.16	919.37	945.78	995.58	1,054.02	1,090.61	1,133.63	1,190.47
Thermal Power Plant	983.23	1,017.18	1,064.01	1,130.28	1,185.65	1,247.97	1,303.57	1,362.55	1,431.19	1,516.81	1,575.45
Nuclear Power Plant	486.04	541.39	560.78	572.14	588.93	625.68	653.94	686.17	729.82	769.49	821.02
Others	242.93	237.61	246.61	251.73	263.84	280.32	295.45	301.74	316.27	319.22	331.69

Generator Excitation Control System Market Revenue, By Region 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	607.24	626.08	644.65	702.65	723.51	767.68	803.04	842.39	883.39	938.21	1,000.25
Europe	750.39	789.54	812.16	859.28	891.37	944.49	981.01	1,033.67	1,105.43	1,150.43	1,208.35
Asia Pacific	484.95	529.23	566.12	582.65	612.00	649.04	695.02	742.12	767.97	808.31	856.28
Latin America	366.20	362.19	372.78	370.09	403.00	410.70	429.60	442.84	453.27	477.45	471.07
Middle East and Africa	243.22	262.65	297.33	307.64	327.91	327.85	339.87	343.45	357.82	364.75	382.67

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Generator Excitation Control System Market Size is USD 2,569.70 Million in 2025

Generator Excitation Control System Market Statical Scope

Generator Excitation Control System Market Companies:

Generator Excitation Control System Market Segmentation:

By Type

By Application

By Region

Global Market Revenue

Generator Excitation Control System Market Revenue, By Type 2024 to 2034 (USD Million)

Generator Excitation Control System Market Revenue, By Application 2024 to 2034 (USD Million)

Generator Excitation Control System Market Revenue, By Region 2024 to 2034 (USD Million)

Global Market Revenue

Generator Excitation Control System Market Revenue, By Type 2024 to 2034 (USD Billion)

Generator Excitation Control System Market Revenue, By Application 2024 to 2034 (USD Billion)

Generator Excitation Control System Market Revenue, By Region 2024 to 2034 (USD Billion)

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