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Home > Global Modular Multilevel Converters (MMC) STATCOM Market Growth (Status and Outlook) 2024-2030

Global Modular Multilevel Converters (MMC) STATCOM Market Growth (Status and Outlook) 2024-2030

Publication ID: 
LPI10240973
Publication Date: 
October 1, 2024
Pages: 
85
Publisher: 
LPI
Countries: 
Global [1]
USD 3,660.00

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Energy Trading & Marketing [2]
Electricity [3]
Energy & Utilities [4]
Description: 

Modular Multilevel Converters (MMC) STATCOM is a type of Static Synchronous Compensator (STATCOM) that uses the modular multilevel converter (MMC) topology to provide dynamic reactive power compensation in electrical power systems. The MMC STATCOM is designed to enhance the stability and quality of the power grid by controlling the voltage and reactive power flow with high precision and fast response times.
The global Modular Multilevel Converters (MMC) STATCOM market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The 鈥淢odular Multilevel Converters (MMC) STATCOM Industry Forecast鈥� looks at past sales and reviews total world Modular Multilevel Converters (MMC) STATCOM sales in 2022, providing a comprehensive analysis by region and market sector of projected Modular Multilevel Converters (MMC) STATCOM sales for 2023 through 2029. With Modular Multilevel Converters (MMC) STATCOM sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Modular Multilevel Converters (MMC) STATCOM industry.
This Insight Report provides a comprehensive analysis of the global Modular Multilevel Converters (MMC) STATCOM landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Modular Multilevel Converters (MMC) STATCOM portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Modular Multilevel Converters (MMC) STATCOM market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modular Multilevel Converters (MMC) STATCOM and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Modular Multilevel Converters (MMC) STATCOM.
United States market for Modular Multilevel Converters (MMC) STATCOM is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Modular Multilevel Converters (MMC) STATCOM is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Modular Multilevel Converters (MMC) STATCOM is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Modular Multilevel Converters (MMC) STATCOM players cover Hitachi Energy, Siemens Energy, GE Vernova, Toshiba, Hyosung Heavy Industries, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Modular Multilevel Converters (MMC) STATCOM market by product type, application, key players and key regions and countries.
Segmentation by Type:
Full Bridge Type
Half Bridge Type
Others
Segmentation by Application:
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Full Bridge Type
Half Bridge Type
Others
Segmentation by Application:
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi Energy
Siemens Energy
GE Vernova
Toshiba
Hyosung Heavy Industries
Mitsubishi Electric
Nided Industrial Solutions
NARI Technology

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents: 

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Modular Multilevel Converters (MMC) STATCOM Market Size 2019-2030
2.1.2 Modular Multilevel Converters (MMC) STATCOM Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Modular Multilevel Converters (MMC) STATCOM by Country/Region, 2019, 2023 & 2030
2.2 Modular Multilevel Converters (MMC) STATCOM Segment by Type
2.2.1 Full Bridge Type
2.2.2 Half Bridge Type
2.2.3 Others
2.3 Modular Multilevel Converters (MMC) STATCOM Market Size by Type
2.3.1 Modular Multilevel Converters (MMC) STATCOM Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Modular Multilevel Converters (MMC) STATCOM Market Size Market Share by Type (2019-2024)
2.4 Modular Multilevel Converters (MMC) STATCOM Segment by Application
2.4.1 Renewable Energy
2.4.2 Electric Utilities
2.4.3 Industrial & Manufacturing
2.4.4 Others
2.5 Modular Multilevel Converters (MMC) STATCOM Market Size by Application
2.5.1 Modular Multilevel Converters (MMC) STATCOM Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Modular Multilevel Converters (MMC) STATCOM Market Size Market Share by Application (2019-2024)
3 Modular Multilevel Converters (MMC) STATCOM Market Size by Player
3.1 Modular Multilevel Converters (MMC) STATCOM Market Size Market Share by Player
3.1.1 Global Modular Multilevel Converters (MMC) STATCOM Revenue by Player (2019-2024)
3.1.2 Global Modular Multilevel Converters (MMC) STATCOM Revenue Market Share by Player (2019-2024)
3.2 Global Modular Multilevel Converters (MMC) STATCOM Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Modular Multilevel Converters (MMC) STATCOM by Region
4.1 Modular Multilevel Converters (MMC) STATCOM Market Size by Region (2019-2024)
4.2 Global Modular Multilevel Converters (MMC) STATCOM Annual Revenue by Country/Region (2019-2024)
4.3 Americas Modular Multilevel Converters (MMC) STATCOM Market Size Growth (2019-2024)
4.4 APAC Modular Multilevel Converters (MMC) STATCOM Market Size Growth (2019-2024)
4.5 Europe Modular Multilevel Converters (MMC) STATCOM Market Size Growth (2019-2024)
4.6 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM Market Size Growth (2019-2024)
5 Americas
5.1 Americas Modular Multilevel Converters (MMC) STATCOM Market Size by Country (2019-2024)
5.2 Americas Modular Multilevel Converters (MMC) STATCOM Market Size by Type (2019-2024)
5.3 Americas Modular Multilevel Converters (MMC) STATCOM Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Modular Multilevel Converters (MMC) STATCOM Market Size by Region (2019-2024)
6.2 APAC Modular Multilevel Converters (MMC) STATCOM Market Size by Type (2019-2024)
6.3 APAC Modular Multilevel Converters (MMC) STATCOM Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Modular Multilevel Converters (MMC) STATCOM Market Size by Country (2019-2024)
7.2 Europe Modular Multilevel Converters (MMC) STATCOM Market Size by Type (2019-2024)
7.3 Europe Modular Multilevel Converters (MMC) STATCOM Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM by Region (2019-2024)
8.2 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM Market Size by Type (2019-2024)
8.3 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Modular Multilevel Converters (MMC) STATCOM Market Forecast
10.1 Global Modular Multilevel Converters (MMC) STATCOM Forecast by Region (2025-2030)
10.1.1 Global Modular Multilevel Converters (MMC) STATCOM Forecast by Region (2025-2030)
10.1.2 Americas Modular Multilevel Converters (MMC) STATCOM Forecast
10.1.3 APAC Modular Multilevel Converters (MMC) STATCOM Forecast
10.1.4 Europe Modular Multilevel Converters (MMC) STATCOM Forecast
10.1.5 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM Forecast
10.2 Americas Modular Multilevel Converters (MMC) STATCOM Forecast by Country (2025-2030)
10.2.1 United States Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.2.2 Canada Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.2.3 Mexico Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.2.4 Brazil Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.3 APAC Modular Multilevel Converters (MMC) STATCOM Forecast by Region (2025-2030)
10.3.1 China Modular Multilevel Converters (MMC) STATCOM Market Forecast
10.3.2 Japan Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.3.3 Korea Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.3.4 Southeast Asia Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.3.5 India Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.3.6 Australia Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.4 Europe Modular Multilevel Converters (MMC) STATCOM Forecast by Country (2025-2030)
10.4.1 Germany Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.4.2 France Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.4.3 UK Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.4.4 Italy Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.4.5 Russia Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.5 Middle East & Africa Modular Multilevel Converters (MMC) STATCOM Forecast by Region (2025-2030)
10.5.1 Egypt Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.5.2 South Africa Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.5.3 Israel Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.5.4 Turkey Market Modular Multilevel Converters (MMC) STATCOM Forecast
10.6 Global Modular Multilevel Converters (MMC) STATCOM Forecast by Type (2025-2030)
10.7 Global Modular Multilevel Converters (MMC) STATCOM Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Modular Multilevel Converters (MMC) STATCOM Forecast
11 Key Players Analysis
11.1 Hitachi Energy
11.1.1 Hitachi Energy Company Information
11.1.2 Hitachi Energy Modular Multilevel Converters (MMC) STATCOM Product Offered
11.1.3 Hitachi Energy Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Hitachi Energy Main Business Overview
11.1.5 Hitachi Energy Latest Developments
11.2 Siemens Energy
11.2.1 Siemens Energy Company Information
11.2.2 Siemens Energy Modular Multilevel Converters (MMC) STATCOM Product Offered
11.2.3 Siemens Energy Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Siemens Energy Main Business Overview
11.2.5 Siemens Energy Latest Developments
11.3 GE Vernova
11.3.1 GE Vernova Company Information
11.3.2 GE Vernova Modular Multilevel Converters (MMC) STATCOM Product Offered
11.3.3 GE Vernova Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 GE Vernova Main Business Overview
11.3.5 GE Vernova Latest Developments
11.4 Toshiba
11.4.1 Toshiba Company Information
11.4.2 Toshiba Modular Multilevel Converters (MMC) STATCOM Product Offered
11.4.3 Toshiba Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Toshiba Main Business Overview
11.4.5 Toshiba Latest Developments
11.5 Hyosung Heavy Industries
11.5.1 Hyosung Heavy Industries Company Information
11.5.2 Hyosung Heavy Industries Modular Multilevel Converters (MMC) STATCOM Product Offered
11.5.3 Hyosung Heavy Industries Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Hyosung Heavy Industries Main Business Overview
11.5.5 Hyosung Heavy Industries Latest Developments
11.6 Mitsubishi Electric
11.6.1 Mitsubishi Electric Company Information
11.6.2 Mitsubishi Electric Modular Multilevel Converters (MMC) STATCOM Product Offered
11.6.3 Mitsubishi Electric Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Mitsubishi Electric Main Business Overview
11.6.5 Mitsubishi Electric Latest Developments
11.7 Nided Industrial Solutions
11.7.1 Nided Industrial Solutions Company Information
11.7.2 Nided Industrial Solutions Modular Multilevel Converters (MMC) STATCOM Product Offered
11.7.3 Nided Industrial Solutions Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Nided Industrial Solutions Main Business Overview
11.7.5 Nided Industrial Solutions Latest Developments
11.8 NARI Technology
11.8.1 NARI Technology Company Information
11.8.2 NARI Technology Modular Multilevel Converters (MMC) STATCOM Product Offered
11.8.3 NARI Technology Modular Multilevel Converters (MMC) STATCOM Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 NARI Technology Main Business Overview
11.8.5 NARI Technology Latest Developments
12 Research Findings and Conclusion

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