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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 from an estimated USD 2.7 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of 4.4%. Key factors projected to drive the growth of the Excitation Systems Market are their ability to ensure long-term reliable operations and increasing demand for synchronous machines to ensure optimal ...

COVID-19 Analysis  The COVID-19 outbreak has turned the world upside down. It has impacted the worldwide economy and also cast its shadow on different industries, which also includes the biofuels market. This industry has been hit hard due to the sharp decline in the demand for fuel across the country, with residents following the federal, state, and local guidance to minimize travel and practice social distancing. Lockdown measures have resulted in a contraction in demand for transport fuels into which the biofuels are blended. Besides, low prices of oil mean biofuels are less competitive, ...