Static Var Compensator?SVC) Market – Global Outlook and Forecast 2022-2028
Static Var Compensator?SVC) is also known as dynamic reactive compensation generator, or static synchronous compensator.Refers to the power semiconductor bridge converter by self – commutation for dynamic reactive power compensation device.
This report contains market size and forecasts of Static Var Compensator?SVC) in global, including the following market information:
Global Static Var Compensator?SVC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Static Var Compensator?SVC) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Static Var Compensator?SVC) companies in 2021 (%)
The global Static Var Compensator?SVC) market was valued at 805.1 million in 2021 and is projected to reach US$ 991.2 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
by Control Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Static Var Compensator?SVC) include Rongxin Power Electronic Co., Ltd. (China), ABB Ltd. (Switzerland), General Electric (U.S.), Siemens AG (Germany), Eaton Corp plc (Ireland), American Electric Power (U.S.), Hyosung (South Korea), NR Electric Co. Ltd. (China) and Mitsubishi Electric Corp. (Japan) and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Static Var Compensator?SVC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Static Var Compensator?SVC) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensator?SVC) Market Segment Percentages, by Type, 2021 (%)
by Control
Thyristor Based
MCR-Based
Others
by Subclass
Mechanical Switching Capacitor (MSC)
Mechanical Switching Reactor (MSR)
Self-Saturating Reactor (SR)
Thyristor Control Reactor (TCR)
Thyristor Switching Capacitor (TCR)
Thyristor Casting (TSC)
Self Commutator Or Grid Commutator (SCC/LCC)
Global Static Var Compensator?SVC) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensator?SVC) Market Segment Percentages, by Application, 2021 (%)
Electric Utility
Renewable- Wind Power & Solar Farm
Railway
Industrial- Steel & Mining
Oil & Gas
Others
Global Static Var Compensator?SVC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensator?SVC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Static Var Compensator?SVC) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Static Var Compensator?SVC) revenues share in global market, 2021 (%)
Key companies Static Var Compensator?SVC) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Static Var Compensator?SVC) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Rongxin Power Electronic Co., Ltd. (China)
ABB Ltd. (Switzerland)
General Electric (U.S.)
Siemens AG (Germany)
Eaton Corp plc (Ireland)
American Electric Power (U.S.)
Hyosung (South Korea)
NR Electric Co. Ltd. (China)
Mitsubishi Electric Corp. (Japan)
American Superconductor Corp. (U.S.)
Table of content
1 Introduction to Research & Analysis Reports
1.1 Static Var Compensator?SVC) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Static Var Compensator?SVC) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Static Var Compensator?SVC) Overall Market Size
2.1 Global Static Var Compensator?SVC) Market Size: 2021 VS 2028
2.2 Global Static Var Compensator?SVC) Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Static Var Compensator?SVC) Sales: 2017-2028
3 Company Landscape
3.1 Top Static Var Compensator?SVC) Players in Global Market
3.2 Top Global Static Var Compensator?SVC) Companies Ranked by Revenue
3.3 Global Static Var Compensator?SVC) Revenue by Companies
3.4 Global Static Var Compensator?SVC) Sales by Companies
3.5 Global Static Var Compensator?SVC) Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Static Var Compensator?SVC) Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Static Var Compensator?SVC) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Static Var Compensator?SVC) Players in Global Market
3.8.1 List of Global Tier 1 Static Var Compensator?SVC) Companies
3.8.2 List of Global Tier 2 and T
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