

The static compensator is a fast, smooth and controllable dynamic reactive power compensation device without rotating parts. It uses a controllable reactor and a power capacitor (fixed or grouped switching) in parallel.
The global Static Compensator market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Static Compensator is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Static Compensator is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Static Compensator include General Electric Company, Hitachi, Ltd., Mitsubishi Electric Corporation, American Electric Power Company, Inc. (AEP), Abb Ltd, Infineon Technologies AG, General Dynamics Corporation, Eaton Corporation Plc and American Superconductor Corporation, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Static Compensator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Compensator.
Report Scope
The Static Compensator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Static Compensator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Static Compensator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Electric Company
Hitachi, Ltd.
Mitsubishi Electric Corporation
American Electric Power Company, Inc. (AEP)
Abb Ltd
Infineon Technologies AG
General Dynamics Corporation
Eaton Corporation Plc
American Superconductor Corporation
Siemens AG
Segment by Type
Thyristor-based
TCR-FC-TSC
MCR-based
Segment by Application
Electric Utility
Renewable
Railway
Industrial
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Static Compensator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Static Compensator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Static Compensator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Static Compensator Market Overview
1.1 Product Definition
1.2 Static Compensator Segment by Type
1.2.1 Global Static Compensator Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Thyristor-based
1.2.3 TCR-FC-TSC
1.2.4 MCR-based
1.3 Static Compensator Segment by Application
1.3.1 Global Static Compensator Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electric Utility
1.3.3 Renewable
1.3.4 Railway
1.3.5 Industrial
1.3.6 Oil and Gas
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Static Compensator Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Static Compensator Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Static Compensator Production Estimates and Forecasts (2019-2030)
1.4.4 Global Static Compensator Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Static Compensator Production Market Share by Manufacturers (2019-2024)
2.2 Global Static Compensator Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Static Compensator, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Static Compensator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Static Compensator Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Static Compensator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Static Compensator, Product Offered and Application
2.8 Global Key Manufacturers of Static Compensator, Date of Enter into This Industry
2.9 Static Compensator Market Competitive Situation and Trends
2.9.1 Static Compensator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Static Compensator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Static Compensator Production by Region
3.1 Global Static Compensator Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Static Compensator Production Value by Region (2019-2030)
3.2.1 Global Static Compensator Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Static Compensator by Region (2025-2030)
3.3 Global Static Compensator Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Static Compensator Production by Region (2019-2030)
3.4.1 Global Static Compensator Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Static Compensator by Region (2025-2030)
3.5 Global Static Compensator Market Price Analysis by Region (2019-2024)
3.6 Global Static Compensator Production and Value, Year-over-Year Growth
3.6.1 North America Static Compensator Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Static Compensator Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Static Compensator Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Static Compensator Production Value Estimates and Forecasts (2019-2030)
4 Static Compensator Consumption by Region
4.1 Global Static Compensator Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Static Compensator Consumption by Region (2019-2030)
4.2.1 Global Static Compensator Consumption by Region (2019-2024)
4.2.2 Global Static Compensator Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Static Compensator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Static Compensator Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Static Compensator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Static Compensator Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Static Compensator Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Static Compensator Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Static Compensator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Static Compensator Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Static Compensator Production by Type (2019-2030)
5.1.1 Global Static Compensator Production by Type (2019-2024)
5.1.2 Global Static Compensator Production by Type (2025-2030)
5.1.3 Global Static Compensator Production Market Share by Type (2019-2030)
5.2 Global Static Compensator Production Value by Type (2019-2030)
5.2.1 Global Static Compensator Production Value by Type (2019-2024)
5.2.2 Global Static Compensator Production Value by Type (2025-2030)
5.2.3 Global Static Compensator Production Value Market Share by Type (2019-2030)
5.3 Global Static Compensator Price by Type (2019-2030)
6 Segment by Application
6.1 Global Static Compensator Production by Application (2019-2030)
6.1.1 Global Static Compensator Production by Application (2019-2024)
6.1.2 Global Static Compensator Production by Application (2025-2030)
6.1.3 Global Static Compensator Production Market Share by Application (2019-2030)
6.2 Global Static Compensator Production Value by Application (2019-2030)
6.2.1 Global Static Compensator Production Value by Application (2019-2024)
6.2.2 Global Static Compensator Production Value by Application (2025-2030)
6.2.3 Global Static Compensator Production Value Market Share by Application (2019-2030)
6.3 Global Static Compensator Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Electric Company
7.1.1 General Electric Company Static Compensator Corporation Information
7.1.2 General Electric Company Static Compensator Product Portfolio
7.1.3 General Electric Company Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Electric Company Main Business and Markets Served
7.1.5 General Electric Company Recent Developments/Updates
7.2 Hitachi, Ltd.
7.2.1 Hitachi, Ltd. Static Compensator Corporation Information
7.2.2 Hitachi, Ltd. Static Compensator Product Portfolio
7.2.3 Hitachi, Ltd. Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Hitachi, Ltd. Main Business and Markets Served
7.2.5 Hitachi, Ltd. Recent Developments/Updates
7.3 Mitsubishi Electric Corporation
7.3.1 Mitsubishi Electric Corporation Static Compensator Corporation Information
7.3.2 Mitsubishi Electric Corporation Static Compensator Product Portfolio
7.3.3 Mitsubishi Electric Corporation Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric Corporation Main Business and Markets Served
7.3.5 Mitsubishi Electric Corporation Recent Developments/Updates
7.4 American Electric Power Company, Inc. (AEP)
7.4.1 American Electric Power Company, Inc. (AEP) Static Compensator Corporation Information
7.4.2 American Electric Power Company, Inc. (AEP) Static Compensator Product Portfolio
7.4.3 American Electric Power Company, Inc. (AEP) Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.4.4 American Electric Power Company, Inc. (AEP) Main Business and Markets Served
7.4.5 American Electric Power Company, Inc. (AEP) Recent Developments/Updates
7.5 Abb Ltd
7.5.1 Abb Ltd Static Compensator Corporation Information
7.5.2 Abb Ltd Static Compensator Product Portfolio
7.5.3 Abb Ltd Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Abb Ltd Main Business and Markets Served
7.5.5 Abb Ltd Recent Developments/Updates
7.6 Infineon Technologies AG
7.6.1 Infineon Technologies AG Static Compensator Corporation Information
7.6.2 Infineon Technologies AG Static Compensator Product Portfolio
7.6.3 Infineon Technologies AG Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Infineon Technologies AG Main Business and Markets Served
7.6.5 Infineon Technologies AG Recent Developments/Updates
7.7 General Dynamics Corporation
7.7.1 General Dynamics Corporation Static Compensator Corporation Information
7.7.2 General Dynamics Corporation Static Compensator Product Portfolio
7.7.3 General Dynamics Corporation Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.7.4 General Dynamics Corporation Main Business and Markets Served
7.7.5 General Dynamics Corporation Recent Developments/Updates
7.8 Eaton Corporation Plc
7.8.1 Eaton Corporation Plc Static Compensator Corporation Information
7.8.2 Eaton Corporation Plc Static Compensator Product Portfolio
7.8.3 Eaton Corporation Plc Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Eaton Corporation Plc Main Business and Markets Served
7.7.5 Eaton Corporation Plc Recent Developments/Updates
7.9 American Superconductor Corporation
7.9.1 American Superconductor Corporation Static Compensator Corporation Information
7.9.2 American Superconductor Corporation Static Compensator Product Portfolio
7.9.3 American Superconductor Corporation Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.9.4 American Superconductor Corporation Main Business and Markets Served
7.9.5 American Superconductor Corporation Recent Developments/Updates
7.10 Siemens AG
7.10.1 Siemens AG Static Compensator Corporation Information
7.10.2 Siemens AG Static Compensator Product Portfolio
7.10.3 Siemens AG Static Compensator Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Siemens AG Main Business and Markets Served
7.10.5 Siemens AG Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Static Compensator Industry Chain Analysis
8.2 Static Compensator Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Static Compensator Production Mode & Process
8.4 Static Compensator Sales and Marketing
8.4.1 Static Compensator Sales Channels
8.4.2 Static Compensator Distributors
8.5 Static Compensator Customers
9 Static Compensator Market Dynamics
9.1 Static Compensator Industry Trends
9.2 Static Compensator Market Drivers
9.3 Static Compensator Market Challenges
9.4 Static Compensator Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
General Electric Company
Hitachi, Ltd.
Mitsubishi Electric Corporation
American Electric Power Company, Inc. (AEP)
Abb Ltd
Infineon Technologies AG
General Dynamics Corporation
Eaton Corporation Plc
American Superconductor Corporation
Siemens AG
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*If Applicable.