

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 market for Static Compensator was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for Static Compensator was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Static Compensator was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for Static Compensator was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies 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 global five largest players hold a share approximately % in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Static Compensator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Static Compensator by region & country, by Type, and by Application.
The Static Compensator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.
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
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
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Static Compensator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Static Compensator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Static Compensator in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Static Compensator Product Introduction
1.2 Global Static Compensator Market Size Forecast
1.2.1 Global Static Compensator Sales Value (2019-2030)
1.2.2 Global Static Compensator Sales Volume (2019-2030)
1.2.3 Global Static Compensator Sales Price (2019-2030)
1.3 Static Compensator Market Trends & Drivers
1.3.1 Static Compensator Industry Trends
1.3.2 Static Compensator Market Drivers & Opportunity
1.3.3 Static Compensator Market Challenges
1.3.4 Static Compensator Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Static Compensator Players Revenue Ranking (2023)
2.2 Global Static Compensator Revenue by Company (2019-2024)
2.3 Global Static Compensator Players Sales Volume Ranking (2023)
2.4 Global Static Compensator Sales Volume by Company Players (2019-2024)
2.5 Global Static Compensator Average Price by Company (2019-2024)
2.6 Key Manufacturers Static Compensator Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Static Compensator Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Static Compensator
2.9 Static Compensator Market Competitive Analysis
2.9.1 Static Compensator Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Static Compensator Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Static Compensator as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Thyristor-based
3.1.2 TCR-FC-TSC
3.1.3 MCR-based
3.2 Global Static Compensator Sales Value by Type
3.2.1 Global Static Compensator Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Static Compensator Sales Value, by Type (2019-2030)
3.2.3 Global Static Compensator Sales Value, by Type (%) (2019-2030)
3.3 Global Static Compensator Sales Volume by Type
3.3.1 Global Static Compensator Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Static Compensator Sales Volume, by Type (2019-2030)
3.3.3 Global Static Compensator Sales Volume, by Type (%) (2019-2030)
3.4 Global Static Compensator Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Electric Utility
4.1.2 Renewable
4.1.3 Railway
4.1.4 Industrial
4.1.5 Oil and Gas
4.1.6 Others
4.2 Global Static Compensator Sales Value by Application
4.2.1 Global Static Compensator Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Static Compensator Sales Value, by Application (2019-2030)
4.2.3 Global Static Compensator Sales Value, by Application (%) (2019-2030)
4.3 Global Static Compensator Sales Volume by Application
4.3.1 Global Static Compensator Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Static Compensator Sales Volume, by Application (2019-2030)
4.3.3 Global Static Compensator Sales Volume, by Application (%) (2019-2030)
4.4 Global Static Compensator Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Static Compensator Sales Value by Region
5.1.1 Global Static Compensator Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Static Compensator Sales Value by Region (2019-2024)
5.1.3 Global Static Compensator Sales Value by Region (2025-2030)
5.1.4 Global Static Compensator Sales Value by Region (%), (2019-2030)
5.2 Global Static Compensator Sales Volume by Region
5.2.1 Global Static Compensator Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Static Compensator Sales Volume by Region (2019-2024)
5.2.3 Global Static Compensator Sales Volume by Region (2025-2030)
5.2.4 Global Static Compensator Sales Volume by Region (%), (2019-2030)
5.3 Global Static Compensator Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Static Compensator Sales Value, 2019-2030
5.4.2 North America Static Compensator Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Static Compensator Sales Value, 2019-2030
5.5.2 Europe Static Compensator Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Static Compensator Sales Value, 2019-2030
5.6.2 Asia Pacific Static Compensator Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Static Compensator Sales Value, 2019-2030
5.7.2 South America Static Compensator Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Static Compensator Sales Value, 2019-2030
5.8.2 Middle East & Africa Static Compensator Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Static Compensator Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Static Compensator Sales Value
6.2.1 Key Countries/Regions Static Compensator Sales Value, 2019-2030
6.2.2 Key Countries/Regions Static Compensator Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Static Compensator Sales Value, 2019-2030
6.3.2 United States Static Compensator Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Static Compensator Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Static Compensator Sales Value, 2019-2030
6.4.2 Europe Static Compensator Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Static Compensator Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Static Compensator Sales Value, 2019-2030
6.5.2 China Static Compensator Sales Value by Type (%), 2023 VS 2030
6.5.3 China Static Compensator Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Static Compensator Sales Value, 2019-2030
6.6.2 Japan Static Compensator Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Static Compensator Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Static Compensator Sales Value, 2019-2030
6.7.2 South Korea Static Compensator Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Static Compensator Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Static Compensator Sales Value, 2019-2030
6.8.2 Southeast Asia Static Compensator Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Static Compensator Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Static Compensator Sales Value, 2019-2030
6.9.2 India Static Compensator Sales Value by Type (%), 2023 VS 2030
6.9.3 India Static Compensator Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 General Electric Company
7.1.1 General Electric Company Company Information
7.1.2 General Electric Company Introduction and Business Overview
7.1.3 General Electric Company Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.1.4 General Electric Company Static Compensator Product Offerings
7.1.5 General Electric Company Recent Development
7.2 Hitachi, Ltd.
7.2.1 Hitachi, Ltd. Company Information
7.2.2 Hitachi, Ltd. Introduction and Business Overview
7.2.3 Hitachi, Ltd. Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Hitachi, Ltd. Static Compensator Product Offerings
7.2.5 Hitachi, Ltd. Recent Development
7.3 Mitsubishi Electric Corporation
7.3.1 Mitsubishi Electric Corporation Company Information
7.3.2 Mitsubishi Electric Corporation Introduction and Business Overview
7.3.3 Mitsubishi Electric Corporation Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric Corporation Static Compensator Product Offerings
7.3.5 Mitsubishi Electric Corporation Recent Development
7.4 American Electric Power Company, Inc. (AEP)
7.4.1 American Electric Power Company, Inc. (AEP) Company Information
7.4.2 American Electric Power Company, Inc. (AEP) Introduction and Business Overview
7.4.3 American Electric Power Company, Inc. (AEP) Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.4.4 American Electric Power Company, Inc. (AEP) Static Compensator Product Offerings
7.4.5 American Electric Power Company, Inc. (AEP) Recent Development
7.5 Abb Ltd
7.5.1 Abb Ltd Company Information
7.5.2 Abb Ltd Introduction and Business Overview
7.5.3 Abb Ltd Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Abb Ltd Static Compensator Product Offerings
7.5.5 Abb Ltd Recent Development
7.6 Infineon Technologies AG
7.6.1 Infineon Technologies AG Company Information
7.6.2 Infineon Technologies AG Introduction and Business Overview
7.6.3 Infineon Technologies AG Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Infineon Technologies AG Static Compensator Product Offerings
7.6.5 Infineon Technologies AG Recent Development
7.7 General Dynamics Corporation
7.7.1 General Dynamics Corporation Company Information
7.7.2 General Dynamics Corporation Introduction and Business Overview
7.7.3 General Dynamics Corporation Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.7.4 General Dynamics Corporation Static Compensator Product Offerings
7.7.5 General Dynamics Corporation Recent Development
7.8 Eaton Corporation Plc
7.8.1 Eaton Corporation Plc Company Information
7.8.2 Eaton Corporation Plc Introduction and Business Overview
7.8.3 Eaton Corporation Plc Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Eaton Corporation Plc Static Compensator Product Offerings
7.8.5 Eaton Corporation Plc Recent Development
7.9 American Superconductor Corporation
7.9.1 American Superconductor Corporation Company Information
7.9.2 American Superconductor Corporation Introduction and Business Overview
7.9.3 American Superconductor Corporation Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.9.4 American Superconductor Corporation Static Compensator Product Offerings
7.9.5 American Superconductor Corporation Recent Development
7.10 Siemens AG
7.10.1 Siemens AG Company Information
7.10.2 Siemens AG Introduction and Business Overview
7.10.3 Siemens AG Static Compensator Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Siemens AG Static Compensator Product Offerings
7.10.5 Siemens AG Recent Development
8 Industry Chain Analysis
8.1 Static Compensator Industrial Chain
8.2 Static Compensator Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Static Compensator Sales Model
8.5.2 Sales Channel
8.5.3 Static Compensator Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 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.