
Volt and VAR System are the change in line voltage due to reactance elements.It is an important part of the safe, high-quality and economical operation of power grid. It includes hardware, software and services, including smart sensors, voltage regulators, capacitor Banks and so on.
Market Analysis and Insights: Global Volt and VAR Systems Market
The global Volt and VAR Systems market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Volt and VAR Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Volt and VAR Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The Europe market for Volt and VAR Systems is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The global key companies of Volt and VAR Systems include ABB, Eaton, GE, Varentec, Schneider Electric, Siemens, Advanced Control Systems, Landis+Gyr and Open Systems International, etc. In 2023, the global top five players had a share approximately % in terms of revenue.
Volt and VAR Systems is widely used in various fields, such as Electric Utility and Industrial, etc. Electric Utility provides greatest supports to the Volt and VAR Systems industry development. In 2023, global % revenue of Volt and VAR Systems went into Electric Utility filed and the proportion will reach to % in 2030.
Report Covers:
This report presents an overview of global market for Volt and VAR Systems market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Volt and VAR Systems, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Volt and VAR Systems, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Volt and VAR Systems revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Volt and VAR Systems market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Volt and VAR Systems revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB
Eaton
GE
Varentec
Schneider Electric
Siemens
Advanced Control Systems
Landis+Gyr
Open Systems International
Utilidata
Beckwith Electric
DC Systems
S&C Electric Company
DVI
Dominion Voltage, Inc.
Gridco Systems
OATI
Segment by Type
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Segment by Application
Electric Utility
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Volt and VAR Systems in global and regional 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 capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Volt and VAR Systems companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Volt and VAR Systems revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Volt and VAR Systems Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Volt/VAR Control
1.2.3 Distribution Voltage Optimization
1.2.4 Conservation Voltage Reduction
1.2.5 Distribution Volt/VAR Control
1.2.6 Others
1.3 Market by Application
1.3.1 Global Volt and VAR Systems Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Electric Utility
1.3.3 Industrial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Volt and VAR Systems Market Perspective (2019-2030)
2.2 Global Volt and VAR Systems Growth Trends by Region
2.2.1 Volt and VAR Systems Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Volt and VAR Systems Historic Market Size by Region (2019-2024)
2.2.3 Volt and VAR Systems Forecasted Market Size by Region (2025-2030)
2.3 Volt and VAR Systems Market Dynamics
2.3.1 Volt and VAR Systems Industry Trends
2.3.2 Volt and VAR Systems Market Drivers
2.3.3 Volt and VAR Systems Market Challenges
2.3.4 Volt and VAR Systems Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Volt and VAR Systems by Players
3.1.1 Global Volt and VAR Systems Revenue by Players (2019-2024)
3.1.2 Global Volt and VAR Systems Revenue Market Share by Players (2019-2024)
3.2 Global Volt and VAR Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Volt and VAR Systems, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Volt and VAR Systems Market Concentration Ratio
3.4.1 Global Volt and VAR Systems Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Volt and VAR Systems Revenue in 2023
3.5 Global Key Players of Volt and VAR Systems Head office and Area Served
3.6 Global Key Players of Volt and VAR Systems, Product and Application
3.7 Global Key Players of Volt and VAR Systems, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Volt and VAR Systems Breakdown Data by Type
4.1 Global Volt and VAR Systems Historic Market Size by Type (2019-2024)
4.2 Global Volt and VAR Systems Forecasted Market Size by Type (2025-2030)
5 Volt and VAR Systems Breakdown Data by Application
5.1 Global Volt and VAR Systems Historic Market Size by Application (2019-2024)
5.2 Global Volt and VAR Systems Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Volt and VAR Systems Market Size (2019-2030)
6.2 North America Volt and VAR Systems Market Size by Type
6.2.1 North America Volt and VAR Systems Market Size by Type (2019-2024)
6.2.2 North America Volt and VAR Systems Market Size by Type (2025-2030)
6.2.3 North America Volt and VAR Systems Market Share by Type (2019-2030)
6.3 North America Volt and VAR Systems Market Size by Application
6.3.1 North America Volt and VAR Systems Market Size by Application (2019-2024)
6.3.2 North America Volt and VAR Systems Market Size by Application (2025-2030)
6.3.3 North America Volt and VAR Systems Market Share by Application (2019-2030)
6.4 North America Volt and VAR Systems Market Size by Country
6.4.1 North America Volt and VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Volt and VAR Systems Market Size by Country (2019-2024)
6.4.3 North America Volt and VAR Systems Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Volt and VAR Systems Market Size (2019-2030)
7.2 Europe Volt and VAR Systems Market Size by Type
7.2.1 Europe Volt and VAR Systems Market Size by Type (2019-2024)
7.2.2 Europe Volt and VAR Systems Market Size by Type (2025-2030)
7.2.3 Europe Volt and VAR Systems Market Share by Type (2019-2030)
7.3 Europe Volt and VAR Systems Market Size by Application
7.3.1 Europe Volt and VAR Systems Market Size by Application (2019-2024)
7.3.2 Europe Volt and VAR Systems Market Size by Application (2025-2030)
7.3.3 Europe Volt and VAR Systems Market Share by Application (2019-2030)
7.4 Europe Volt and VAR Systems Market Size by Country
7.4.1 Europe Volt and VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Volt and VAR Systems Market Size by Country (2019-2024)
7.4.3 Europe Volt and VAR Systems Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Volt and VAR Systems Market Size (2019-2030)
8.2 China Volt and VAR Systems Market Size by Type
8.2.1 China Volt and VAR Systems Market Size by Type (2019-2024)
8.2.2 China Volt and VAR Systems Market Size by Type (2025-2030)
8.2.3 China Volt and VAR Systems Market Share by Type (2019-2030)
8.3 China Volt and VAR Systems Market Size by Application
8.3.1 China Volt and VAR Systems Market Size by Application (2019-2024)
8.3.2 China Volt and VAR Systems Market Size by Application (2025-2030)
8.3.3 China Volt and VAR Systems Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Volt and VAR Systems Market Size (2019-2030)
9.2 Asia Volt and VAR Systems Market Size by Type
9.2.1 Asia Volt and VAR Systems Market Size by Type (2019-2024)
9.2.2 Asia Volt and VAR Systems Market Size by Type (2025-2030)
9.2.3 Asia Volt and VAR Systems Market Share by Type (2019-2030)
9.3 Asia Volt and VAR Systems Market Size by Application
9.3.1 Asia Volt and VAR Systems Market Size by Application (2019-2024)
9.3.2 Asia Volt and VAR Systems Market Size by Application (2025-2030)
9.3.3 Asia Volt and VAR Systems Market Share by Application (2019-2030)
9.4 Asia Volt and VAR Systems Market Size by Region
9.4.1 Asia Volt and VAR Systems Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Volt and VAR Systems Market Size by Region (2019-2024)
9.4.3 Asia Volt and VAR Systems Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Volt and VAR Systems Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Type
10.2.1 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Volt and VAR Systems Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Application
10.3.1 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Volt and VAR Systems Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Country
10.4.1 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Volt and VAR Systems Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Volt and VAR Systems Introduction
11.1.4 ABB Revenue in Volt and VAR Systems Business (2019-2024)
11.1.5 ABB Recent Developments
11.2 Eaton
11.2.1 Eaton Company Details
11.2.2 Eaton Business Overview
11.2.3 Eaton Volt and VAR Systems Introduction
11.2.4 Eaton Revenue in Volt and VAR Systems Business (2019-2024)
11.2.5 Eaton Recent Developments
11.3 GE
11.3.1 GE Company Details
11.3.2 GE Business Overview
11.3.3 GE Volt and VAR Systems Introduction
11.3.4 GE Revenue in Volt and VAR Systems Business (2019-2024)
11.3.5 GE Recent Developments
11.4 Varentec
11.4.1 Varentec Company Details
11.4.2 Varentec Business Overview
11.4.3 Varentec Volt and VAR Systems Introduction
11.4.4 Varentec Revenue in Volt and VAR Systems Business (2019-2024)
11.4.5 Varentec Recent Developments
11.5 Schneider Electric
11.5.1 Schneider Electric Company Details
11.5.2 Schneider Electric Business Overview
11.5.3 Schneider Electric Volt and VAR Systems Introduction
11.5.4 Schneider Electric Revenue in Volt and VAR Systems Business (2019-2024)
11.5.5 Schneider Electric Recent Developments
11.6 Siemens
11.6.1 Siemens Company Details
11.6.2 Siemens Business Overview
11.6.3 Siemens Volt and VAR Systems Introduction
11.6.4 Siemens Revenue in Volt and VAR Systems Business (2019-2024)
11.6.5 Siemens Recent Developments
11.7 Advanced Control Systems
11.7.1 Advanced Control Systems Company Details
11.7.2 Advanced Control Systems Business Overview
11.7.3 Advanced Control Systems Volt and VAR Systems Introduction
11.7.4 Advanced Control Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.7.5 Advanced Control Systems Recent Developments
11.8 Landis+Gyr
11.8.1 Landis+Gyr Company Details
11.8.2 Landis+Gyr Business Overview
11.8.3 Landis+Gyr Volt and VAR Systems Introduction
11.8.4 Landis+Gyr Revenue in Volt and VAR Systems Business (2019-2024)
11.8.5 Landis+Gyr Recent Developments
11.9 Open Systems International
11.9.1 Open Systems International Company Details
11.9.2 Open Systems International Business Overview
11.9.3 Open Systems International Volt and VAR Systems Introduction
11.9.4 Open Systems International Revenue in Volt and VAR Systems Business (2019-2024)
11.9.5 Open Systems International Recent Developments
11.10 Utilidata
11.10.1 Utilidata Company Details
11.10.2 Utilidata Business Overview
11.10.3 Utilidata Volt and VAR Systems Introduction
11.10.4 Utilidata Revenue in Volt and VAR Systems Business (2019-2024)
11.10.5 Utilidata Recent Developments
11.11 Beckwith Electric
11.11.1 Beckwith Electric Company Details
11.11.2 Beckwith Electric Business Overview
11.11.3 Beckwith Electric Volt and VAR Systems Introduction
11.11.4 Beckwith Electric Revenue in Volt and VAR Systems Business (2019-2024)
11.11.5 Beckwith Electric Recent Developments
11.12 DC Systems
11.12.1 DC Systems Company Details
11.12.2 DC Systems Business Overview
11.12.3 DC Systems Volt and VAR Systems Introduction
11.12.4 DC Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.12.5 DC Systems Recent Developments
11.13 S&C Electric Company
11.13.1 S&C Electric Company Company Details
11.13.2 S&C Electric Company Business Overview
11.13.3 S&C Electric Company Volt and VAR Systems Introduction
11.13.4 S&C Electric Company Revenue in Volt and VAR Systems Business (2019-2024)
11.13.5 S&C Electric Company Recent Developments
11.14 DVI
11.14.1 DVI Company Details
11.14.2 DVI Business Overview
11.14.3 DVI Volt and VAR Systems Introduction
11.14.4 DVI Revenue in Volt and VAR Systems Business (2019-2024)
11.14.5 DVI Recent Developments
11.15 Dominion Voltage, Inc.
11.15.1 Dominion Voltage, Inc. Company Details
11.15.2 Dominion Voltage, Inc. Business Overview
11.15.3 Dominion Voltage, Inc. Volt and VAR Systems Introduction
11.15.4 Dominion Voltage, Inc. Revenue in Volt and VAR Systems Business (2019-2024)
11.15.5 Dominion Voltage, Inc. Recent Developments
11.16 Gridco Systems
11.16.1 Gridco Systems Company Details
11.16.2 Gridco Systems Business Overview
11.16.3 Gridco Systems Volt and VAR Systems Introduction
11.16.4 Gridco Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.16.5 Gridco Systems Recent Developments
11.17 OATI
11.17.1 OATI Company Details
11.17.2 OATI Business Overview
11.17.3 OATI Volt and VAR Systems Introduction
11.17.4 OATI Revenue in Volt and VAR Systems Business (2019-2024)
11.17.5 OATI Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ABB
Eaton
GE
Varentec
Schneider Electric
Siemens
Advanced Control Systems
Landis+Gyr
Open Systems International
Utilidata
Beckwith Electric
DC Systems
S&C Electric Company
DVI
Dominion Voltage, Inc.
Gridco Systems
OATI
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*If Applicable.
