Press release
Static Synchronous Compensator (STATCOM) Market Size, Share, Trends, and Forecast: 2024-2030
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
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https://www.qyresearch.com/reports/2706220/static-synchronous-compensator--statcom
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
According to the new market research report "Static Synchronous Compensator (STATCOM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Static Synchronous Compensator (STATCOM) market size is projected to reach USD 1.19 billion by 2029, at a CAGR of 4.6% during the forecast period.
The global key manufacturers of Static Synchronous Compensator (STATCOM) include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power, Sieyuan Electric, TBEA, Mitsubishi Electric, GE, Nari Technology, Shandong Taikai Power Electronic, etc.
In 2022, the global top five players had a share approximately 57.0% in terms of revenue.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Static Synchronous Compensator (STATCOM) market is segmented as below:
By Company
Hitachi, Ltd.
Siemens Aktiengesellschaft
Windsun Science Technology Co., Ltd.
Liaoning Rongxin Xingye Power Technology Co., Ltd.
Sieyuan Electric Co., Ltd.
TBEA Co., Ltd.
Mitsubishi Electric Corporation
General Electric
Nari Technology Co., Ltd.
Shandong Taikai Power Electronic Co., Ltd.
Shenzhen Hopewind Electric Co., Ltd.
American Superconductor Corporation
Ingeteam Inc.
Beijing In-power Electric Co., Ltd.
Segment by Type
High Voltage STATCOM
Low Voltage STATCOM
Segment by Application
Electric Utilities
Renewable Energy
Industrial & Manufacturing
Others
Each chapter of the report provides detailed information for readers to further understand the Static Synchronous Compensator (STATCOM) market:
Chapter 1: Introduces the report scope of the Static Synchronous Compensator (STATCOM) 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. (2019-2030)
Chapter 2: Detailed analysis of Static Synchronous Compensator (STATCOM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Static Synchronous Compensator (STATCOM) 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. (2019-2030)
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.(2019-2030)
Chapter 5: Sales, revenue of Static Synchronous Compensator (STATCOM) 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..(2019-2030)
Chapter 6: Sales, revenue of Static Synchronous Compensator (STATCOM) in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
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. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Static Synchronous Compensator (STATCOM) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Static Synchronous Compensator (STATCOM) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Static Synchronous Compensator (STATCOM) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Static Synchronous Compensator (STATCOM) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Static Synchronous Compensator (STATCOM) Market Insights, Forecast to 2030
Static Synchronous Compensator (STATCOM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Static Synchronous Compensator (STATCOM) Market Research Report 2024
Global Static Synchronous Compensator (STATCOM) for Low-voltage Network Market Insights, Forecast to 2030
Global and United States Static Synchronous Compensator (STATCOM) for Low-voltage Network Market Report & Forecast 2024-2030
Static Synchronous Compensator (STATCOM) for Low-voltage Network- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Static Synchronous Compensator (STATCOM) for Low-voltage Network Market Research Report 2024
Global Static Synchronous Compensator (STATCOM) for High-voltage Network Market Insights, Forecast to 2030
Global and United States Static Synchronous Compensator (STATCOM) for High-voltage Network Market Report & Forecast 2024-2030
Static Synchronous Compensator (STATCOM) for High-voltage Network- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Static Synchronous Compensator (STATCOM) for High-voltage Network Market Research Report 2024
Static Synchronous Compensator (STATCOM) - Global Market Insights and Sales Trends 2024
Global Static Synchronous Compensator (STATCOM) Market Research Report 2023
Global Static Synchronous Compensator (STATCOM) Market Insights, Forecast to 2029
Global Static Synchronous Compensator (STATCOM) Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Static Synchronous Compensator (STATCOM) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Static Synchronous Compensator (STATCOM) Market Report & Forecast 2023-2029
Global Static Synchronous Compensator (STATCOM) Market Report, History and Forecast 2018-2029
Global and United States Static Synchronous Compensator (STATCOM) Market Report & Forecast 2022-2028
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QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc
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