Global Static VAR Compensator (SVC) Market Growth 2024-2030

Publication ID:

LPI03242610

Publication Date:

March 5, 2024

Pages:

114

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Static VAR Compensator (SVC) market size was valued at US$ 644.7 million in 2023. With growing demand in downstream market, the Static VAR Compensator (SVC) is forecast to a readjusted size of US$ 752.6 million by 2030 with a CAGR of 2.2% during review period.
The research report highlights the growth potential of the global Static VAR Compensator (SVC) market. Static VAR Compensator (SVC) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Static VAR Compensator (SVC). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Static VAR Compensator (SVC) market.
A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks.
The SVC is An Automated Impedance Matching Device, Designed To Bring The System Closer To Unity Power Factor. SVCs Are Used In Two Main Situations: Connected To The Power System, to Regulate The Transmission Voltage ("Transmission听SVC"), connected Near Large Industrial Loads, to Improve Power Quality ("Industrial听SVC").
Key Features:
The report on Static VAR Compensator (SVC) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Static VAR Compensator (SVC) market. It may include historical data, market segmentation by Type (e.g., Thyristor-based, MCR-based), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Static VAR Compensator (SVC) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Static VAR Compensator (SVC) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Static VAR Compensator (SVC) industry. This include advancements in Static VAR Compensator (SVC) technology, Static VAR Compensator (SVC) new entrants, Static VAR Compensator (SVC) new investment, and other innovations that are shaping the future of Static VAR Compensator (SVC).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Static VAR Compensator (SVC) market. It includes factors influencing customer ' purchasing decisions, preferences for Static VAR Compensator (SVC) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Static VAR Compensator (SVC) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Static VAR Compensator (SVC) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Static VAR Compensator (SVC) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Static VAR Compensator (SVC) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Static VAR Compensator (SVC) market.
Market Segmentation:
Static VAR Compensator (SVC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Thyristor-based
MCR-based
Segmentation by application
Transmission SVC
Industrial SVC
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.
ABB
General Electric
Siemens
Mitsubishi Electric
Eaton
American Electric Power
Hyosung
Rongxin Power Electronic
American Superconductor
Nr Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Static VAR Compensator (SVC) market?
What factors are driving Static VAR Compensator (SVC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Static VAR Compensator (SVC) market opportunities vary by end market size?
How does Static VAR Compensator (SVC) break out type, application?

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 Static VAR Compensator (SVC) Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Static VAR Compensator (SVC) by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Static VAR Compensator (SVC) by Country/Region, 2019, 2023 & 2030
2.2 Static VAR Compensator (SVC) Segment by Type
2.2.1 Thyristor-based
2.2.2 MCR-based
2.3 Static VAR Compensator (SVC) Sales by Type
2.3.1 Global Static VAR Compensator (SVC) Sales Market Share by Type (2019-2024)
2.3.2 Global Static VAR Compensator (SVC) Revenue and Market Share by Type (2019-2024)
2.3.3 Global Static VAR Compensator (SVC) Sale Price by Type (2019-2024)
2.4 Static VAR Compensator (SVC) Segment by Application
2.4.1 Transmission SVC
2.4.2 Industrial SVC
2.5 Static VAR Compensator (SVC) Sales by Application
2.5.1 Global Static VAR Compensator (SVC) Sale Market Share by Application (2019-2024)
2.5.2 Global Static VAR Compensator (SVC) Revenue and Market Share by Application (2019-2024)
2.5.3 Global Static VAR Compensator (SVC) Sale Price by Application (2019-2024)
3 Global Static VAR Compensator (SVC) by Company
3.1 Global Static VAR Compensator (SVC) Breakdown Data by Company
3.1.1 Global Static VAR Compensator (SVC) Annual Sales by Company (2019-2024)
3.1.2 Global Static VAR Compensator (SVC) Sales Market Share by Company (2019-2024)
3.2 Global Static VAR Compensator (SVC) Annual Revenue by Company (2019-2024)
3.2.1 Global Static VAR Compensator (SVC) Revenue by Company (2019-2024)
3.2.2 Global Static VAR Compensator (SVC) Revenue Market Share by Company (2019-2024)
3.3 Global Static VAR Compensator (SVC) Sale Price by Company
3.4 Key Manufacturers Static VAR Compensator (SVC) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Static VAR Compensator (SVC) Product Location Distribution
3.4.2 Players Static VAR Compensator (SVC) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Static VAR Compensator (SVC) by Geographic Region
4.1 World Historic Static VAR Compensator (SVC) Market Size by Geographic Region (2019-2024)
4.1.1 Global Static VAR Compensator (SVC) Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Static VAR Compensator (SVC) Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Static VAR Compensator (SVC) Market Size by Country/Region (2019-2024)
4.2.1 Global Static VAR Compensator (SVC) Annual Sales by Country/Region (2019-2024)
4.2.2 Global Static VAR Compensator (SVC) Annual Revenue by Country/Region (2019-2024)
4.3 Americas Static VAR Compensator (SVC) Sales Growth
4.4 APAC Static VAR Compensator (SVC) Sales Growth
4.5 Europe Static VAR Compensator (SVC) Sales Growth
4.6 Middle East & Africa Static VAR Compensator (SVC) Sales Growth
5 Americas
5.1 Americas Static VAR Compensator (SVC) Sales by Country
5.1.1 Americas Static VAR Compensator (SVC) Sales by Country (2019-2024)
5.1.2 Americas Static VAR Compensator (SVC) Revenue by Country (2019-2024)
5.2 Americas Static VAR Compensator (SVC) Sales by Type
5.3 Americas Static VAR Compensator (SVC) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Static VAR Compensator (SVC) Sales by Region
6.1.1 APAC Static VAR Compensator (SVC) Sales by Region (2019-2024)
6.1.2 APAC Static VAR Compensator (SVC) Revenue by Region (2019-2024)
6.2 APAC Static VAR Compensator (SVC) Sales by Type
6.3 APAC Static VAR Compensator (SVC) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Static VAR Compensator (SVC) by Country
7.1.1 Europe Static VAR Compensator (SVC) Sales by Country (2019-2024)
7.1.2 Europe Static VAR Compensator (SVC) Revenue by Country (2019-2024)
7.2 Europe Static VAR Compensator (SVC) Sales by Type
7.3 Europe Static VAR Compensator (SVC) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Static VAR Compensator (SVC) by Country
8.1.1 Middle East & Africa Static VAR Compensator (SVC) Sales by Country (2019-2024)
8.1.2 Middle East & Africa Static VAR Compensator (SVC) Revenue by Country (2019-2024)
8.2 Middle East & Africa Static VAR Compensator (SVC) Sales by Type
8.3 Middle East & Africa Static VAR Compensator (SVC) Sales by Application
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 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Static VAR Compensator (SVC)
10.3 Manufacturing Process Analysis of Static VAR Compensator (SVC)
10.4 Industry Chain Structure of Static VAR Compensator (SVC)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Static VAR Compensator (SVC) Distributors
11.3 Static VAR Compensator (SVC) Customer
12 World Forecast Review for Static VAR Compensator (SVC) by Geographic Region
12.1 Global Static VAR Compensator (SVC) Market Size Forecast by Region
12.1.1 Global Static VAR Compensator (SVC) Forecast by Region (2025-2030)
12.1.2 Global Static VAR Compensator (SVC) Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Static VAR Compensator (SVC) Forecast by Type
12.7 Global Static VAR Compensator (SVC) Forecast by Application
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Static VAR Compensator (SVC) Product Portfolios and Specifications
13.1.3 ABB Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 General Electric
13.2.1 General Electric Company Information
13.2.2 General Electric Static VAR Compensator (SVC) Product Portfolios and Specifications
13.2.3 General Electric Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 General Electric Main Business Overview
13.2.5 General Electric Latest Developments
13.3 Siemens
13.3.1 Siemens Company Information
13.3.2 Siemens Static VAR Compensator (SVC) Product Portfolios and Specifications
13.3.3 Siemens Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Siemens Main Business Overview
13.3.5 Siemens Latest Developments
13.4 Mitsubishi Electric
13.4.1 Mitsubishi Electric Company Information
13.4.2 Mitsubishi Electric Static VAR Compensator (SVC) Product Portfolios and Specifications
13.4.3 Mitsubishi Electric Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Mitsubishi Electric Main Business Overview
13.4.5 Mitsubishi Electric Latest Developments
13.5 Eaton
13.5.1 Eaton Company Information
13.5.2 Eaton Static VAR Compensator (SVC) Product Portfolios and Specifications
13.5.3 Eaton Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Eaton Main Business Overview
13.5.5 Eaton Latest Developments
13.6 American Electric Power
13.6.1 American Electric Power Company Information
13.6.2 American Electric Power Static VAR Compensator (SVC) Product Portfolios and Specifications
13.6.3 American Electric Power Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 American Electric Power Main Business Overview
13.6.5 American Electric Power Latest Developments
13.7 Hyosung
13.7.1 Hyosung Company Information
13.7.2 Hyosung Static VAR Compensator (SVC) Product Portfolios and Specifications
13.7.3 Hyosung Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hyosung Main Business Overview
13.7.5 Hyosung Latest Developments
13.8 Rongxin Power Electronic
13.8.1 Rongxin Power Electronic Company Information
13.8.2 Rongxin Power Electronic Static VAR Compensator (SVC) Product Portfolios and Specifications
13.8.3 Rongxin Power Electronic Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Rongxin Power Electronic Main Business Overview
13.8.5 Rongxin Power Electronic Latest Developments
13.9 American Superconductor
13.9.1 American Superconductor Company Information
13.9.2 American Superconductor Static VAR Compensator (SVC) Product Portfolios and Specifications
13.9.3 American Superconductor Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 American Superconductor Main Business Overview
13.9.5 American Superconductor Latest Developments
13.10 Nr Electric
13.10.1 Nr Electric Company Information
13.10.2 Nr Electric Static VAR Compensator (SVC) Product Portfolios and Specifications
13.10.3 Nr Electric Static VAR Compensator (SVC) Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Nr Electric Main Business Overview
13.10.5 Nr Electric Latest Developments
14 Research Findings and Conclusion

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