Static Var Compensator and Static Var Generator Market - Global Outlook and Forecast 2022-2028
Report Code: KNJ1139857 No. of Pages: 129 Category: Energy
Publisher: Date of Publish:
Publisher: Date of Publish:
A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear).
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.
This report contains market size and forecasts of Static Var Compensator and Static Var Generator in global, including the following market information:
Global Static Var Compensator and Static Var Generator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Static Var Compensator and Static Var Generator Market Sales, 2017-2022, 2023-2028, (M Var)
Global top five Static Var Compensator and Static Var Generator companies in 2021 (%)
The global Static Var Compensator and Static Var Generator market was valued at 1470.4 million in 2021 and is projected to reach US$ 2000.7 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Static Var Compensator Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Static Var Compensator and Static Var Generator include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, Mitsubishi Electric, Hitachi, Toshiba, S&C Electric and GE, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Static Var Compensator and Static Var Generator 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 and Static Var Generator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Var)
Global Static Var Compensator and Static Var Generator Market Segment Percentages, by Type, 2021 (%)
Static Var Compensator
Static Var Generator
Global Static Var Compensator and Static Var Generator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Var)
Global Static Var Compensator and Static Var Generator Market Segment Percentages, by Application, 2021 (%)
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Other
Global Static Var Compensator and Static Var Generator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Var)
Global Static Var Compensator and Static Var Generator 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 and Static Var Generator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Static Var Compensator and Static Var Generator revenues share in global market, 2021 (%)
Key companies Static Var Compensator and Static Var Generator sales in global market, 2017-2022 (Estimated), (M Var)
Key companies Static Var Compensator and Static Var Generator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys AB
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
1 Introduction to Research & Analysis Reports
1.1 Static Var Compensator and Static Var Generator Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Static Var Compensator and Static Var Generator 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 and Static Var Generator Overall Market Size
2.1 Global Static Var Compensator and Static Var Generator Market Size: 2021 VS 2028
2.2 Global Static Var Compensator and Static Var Generator Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Static Var Compensator and Static Var Generator Sales: 2017-2028
3 Company Landscape
3.1 Top Static Var Compensator and Static Var Generator Players in Global Market
3.2 Top Global Static Var Compensator and Static Var Generator Companies Ranked by Revenue
3.3 Global Static Var Compensator and Static Var Generator Revenue by Companies
3.4 Global Static Var Compensator and Static Var Generator Sales by Companies
3.5 Global Static Var Compensator and Static Var Generator Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Static Var Compensator and Static Var Generator Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Static Var Compensator and Static Var Generator Product Type
3.8 Tier 1, Tier 2 and Tier 3 Static Var Compensator and Static Var Generator Players in Global Market
3.8.1 List of Global Tier 1 Static Var Compensator and Static Var Generator Companies
3.8.2 List of Global Tier 2 and Tier 3 Static Var Compensator and Static Var Generator Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Static Var Compensator and Static Var Generator Market Size Markets, 2021 & 2028
4.1.2 Static Var Compensator
4.1.3 Static Var Generator
4.2 By Type - Global Static Var Compensator and Static Var Generator Revenue & Forecasts
4.2.1 By Type - Global Static Var Compensator and Static Var Generator Revenue, 2017-2022
4.2.2 By Type - Global Static Var Compensator and Static Var Generator Revenue, 2023-2028
4.2.3 By Type - Global Static Var Compensator and Static Var Generator Revenue Market Share, 2017-2028
4.3 By Type - Global Static Var Compensator and Static Var Generator Sales & Forecasts
4.3.1 By Type - Global Static Var Compensator and Static Var Generator Sales, 2017-2022
4.3.2 By Type - Global Static Var Compensator and Static Var Generator Sales, 2023-2028
4.3.3 By Type - Global Static Var Compensator and Static Var Generator Sales Market Share, 2017-2028
4.4 By Type - Global Static Var Compensator and Static Var Generator Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Static Var Compensator and Static Var Generator Market Size, 2021 & 2028
5.1.2 Renewable Energy
5.1.3 Electric Utilities
5.1.4 Industrial & Manufacturing
5.1.5 Other
5.2 By Application - Global Static Var Compensator and Static Var Generator Revenue & Forecasts
5.2.1 By Application - Global Static Var Compensator and Static Var Generator Revenue, 2017-2022
5.2.2 By Application - Global Static Var Compensator and Static Var Generator Revenue, 2023-2028
5.2.3 By Application - Global Static Var Compensator and Static Var Generator Revenue Market Share, 2017-2028
5.3 By Application - Global Static Var Compensator and Static Var Generator Sales & Forecasts
5.3.1 By Application - Global Static Var Compensator and Static Var Generator Sales, 2017-2022
5.3.2 By Application - Global Static Var Compensator and Static Var Generator Sales, 2023-2028
5.3.3 By Application - Global Static Var Compensator and Static Var Generator Sales Market Share, 2017-2028
5.4 By Application - Global Static Var Compensator and Static Var Generator Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Static Var Compensator and Static Var Generator Market Size, 2021 & 2028
6.2 By Region - Global Static Var Compensator and Static Var Generator Revenue & Forecasts
6.2.1 By Region - Global Static Var Compensator and Static Var Generator Revenue, 2017-2022
6.2.2 By Region - Global Static Var Compensator and Static Var Generator Revenue, 2023-2028
6.2.3 By Region - Global Static Var Compensator and Static Var Generator Revenue Market Share, 2017-2028
6.3 By Region - Global Static Var Compensator and Static Var Generator Sales & Forecasts
6.3.1 By Region - Global Static Var Compensator and Static Var Generator Sales, 2017-2022
6.3.2 By Region - Global Static Var Compensator and Static Var Generator Sales, 2023-2028
6.3.3 By Region - Global Static Var Compensator and Static Var Generator Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Static Var Compensator and Static Var Generator Revenue, 2017-2028
6.4.2 By Country - North America Static Var Compensator and Static Var Generator Sales, 2017-2028
6.4.3 US Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.4.4 Canada Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.4.5 Mexico Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Static Var Compensator and Static Var Generator Revenue, 2017-2028
6.5.2 By Country - Europe Static Var Compensator and Static Var Generator Sales, 2017-2028
6.5.3 Germany Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.4 France Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.5 U.K. Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.6 Italy Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.7 Russia Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.8 Nordic Countries Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.5.9 Benelux Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Static Var Compensator and Static Var Generator Revenue, 2017-2028
6.6.2 By Region - Asia Static Var Compensator and Static Var Generator Sales, 2017-2028
6.6.3 China Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.6.4 Japan Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.6.5 South Korea Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.6.6 Southeast Asia Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.6.7 India Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Static Var Compensator and Static Var Generator Revenue, 2017-2028
6.7.2 By Country - South America Static Var Compensator and Static Var Generator Sales, 2017-2028
6.7.3 Brazil Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.7.4 Argentina Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Static Var Compensator and Static Var Generator Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Static Var Compensator and Static Var Generator Sales, 2017-2028
6.8.3 Turkey Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.8.4 Israel Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.8.5 Saudi Arabia Static Var Compensator and Static Var Generator Market Size, 2017-2028
6.8.6 UAE Static Var Compensator and Static Var Generator Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 ABB
7.1.1 ABB Corporate Summary
7.1.2 ABB Business Overview
7.1.3 ABB Static Var Compensator and Static Var Generator Major Product Offerings
7.1.4 ABB Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.1.5 ABB Key News
7.2 Siemens
7.2.1 Siemens Corporate Summary
7.2.2 Siemens Business Overview
7.2.3 Siemens Static Var Compensator and Static Var Generator Major Product Offerings
7.2.4 Siemens Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.2.5 Siemens Key News
7.3 Rongxin Power Electronic
7.3.1 Rongxin Power Electronic Corporate Summary
7.3.2 Rongxin Power Electronic Business Overview
7.3.3 Rongxin Power Electronic Static Var Compensator and Static Var Generator Major Product Offerings
7.3.4 Rongxin Power Electronic Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.3.5 Rongxin Power Electronic Key News
7.4 Sieyuan Electric
7.4.1 Sieyuan Electric Corporate Summary
7.4.2 Sieyuan Electric Business Overview
7.4.3 Sieyuan Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.4.4 Sieyuan Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.4.5 Sieyuan Electric Key News
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Corporate Summary
7.5.2 Mitsubishi Electric Business Overview
7.5.3 Mitsubishi Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.5.4 Mitsubishi Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.5.5 Mitsubishi Electric Key News
7.6 Hitachi
7.6.1 Hitachi Corporate Summary
7.6.2 Hitachi Business Overview
7.6.3 Hitachi Static Var Compensator and Static Var Generator Major Product Offerings
7.6.4 Hitachi Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.6.5 Hitachi Key News
7.7 Toshiba
7.7.1 Toshiba Corporate Summary
7.7.2 Toshiba Business Overview
7.7.3 Toshiba Static Var Compensator and Static Var Generator Major Product Offerings
7.7.4 Toshiba Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.7.5 Toshiba Key News
7.8 S&C Electric
7.8.1 S&C Electric Corporate Summary
7.8.2 S&C Electric Business Overview
7.8.3 S&C Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.8.4 S&C Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.8.5 S&C Electric Key News
7.9 GE
7.9.1 GE Corporate Summary
7.9.2 GE Business Overview
7.9.3 GE Static Var Compensator and Static Var Generator Major Product Offerings
7.9.4 GE Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.9.5 GE Key News
7.10 Hangzhou Yinhu Electric
7.10.1 Hangzhou Yinhu Electric Corporate Summary
7.10.2 Hangzhou Yinhu Electric Business Overview
7.10.3 Hangzhou Yinhu Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.10.4 Hangzhou Yinhu Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.10.5 Hangzhou Yinhu Electric Key News
7.11 AMSC
7.11.1 AMSC Corporate Summary
7.11.2 AMSC Static Var Compensator and Static Var Generator Business Overview
7.11.3 AMSC Static Var Compensator and Static Var Generator Major Product Offerings
7.11.4 AMSC Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.11.5 AMSC Key News
7.12 Xian XD Power
7.12.1 Xian XD Power Corporate Summary
7.12.2 Xian XD Power Static Var Compensator and Static Var Generator Business Overview
7.12.3 Xian XD Power Static Var Compensator and Static Var Generator Major Product Offerings
7.12.4 Xian XD Power Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.12.5 Xian XD Power Key News
7.13 Weihan
7.13.1 Weihan Corporate Summary
7.13.2 Weihan Static Var Compensator and Static Var Generator Business Overview
7.13.3 Weihan Static Var Compensator and Static Var Generator Major Product Offerings
7.13.4 Weihan Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.13.5 Weihan Key News
7.14 Ingeteam
7.14.1 Ingeteam Corporate Summary
7.14.2 Ingeteam Business Overview
7.14.3 Ingeteam Static Var Compensator and Static Var Generator Major Product Offerings
7.14.4 Ingeteam Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.14.5 Ingeteam Key News
7.15 Hengshun Zhongsheng
7.15.1 Hengshun Zhongsheng Corporate Summary
7.15.2 Hengshun Zhongsheng Business Overview
7.15.3 Hengshun Zhongsheng Static Var Compensator and Static Var Generator Major Product Offerings
7.15.4 Hengshun Zhongsheng Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.15.5 Hengshun Zhongsheng Key News
7.16 Sinexcel
7.16.1 Sinexcel Corporate Summary
7.16.2 Sinexcel Business Overview
7.16.3 Sinexcel Static Var Compensator and Static Var Generator Major Product Offerings
7.16.4 Sinexcel Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.16.5 Sinexcel Key News
7.17 Merus Power
7.17.1 Merus Power Corporate Summary
7.17.2 Merus Power Business Overview
7.17.3 Merus Power Static Var Compensator and Static Var Generator Major Product Offerings
7.17.4 Merus Power Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.17.5 Merus Power Key News
7.18 Baoding Sifang Sanyi Electric
7.18.1 Baoding Sifang Sanyi Electric Corporate Summary
7.18.2 Baoding Sifang Sanyi Electric Business Overview
7.18.3 Baoding Sifang Sanyi Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.18.4 Baoding Sifang Sanyi Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.18.5 Baoding Sifang Sanyi Electric Key News
7.19 Xuji Group Corporation
7.19.1 Xuji Group Corporation Corporate Summary
7.19.2 Xuji Group Corporation Business Overview
7.19.3 Xuji Group Corporation Static Var Compensator and Static Var Generator Major Product Offerings
7.19.4 Xuji Group Corporation Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.19.5 Xuji Group Corporation Key News
7.20 Zhiguang Electric
7.20.1 Zhiguang Electric Corporate Summary
7.20.2 Zhiguang Electric Business Overview
7.20.3 Zhiguang Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.20.4 Zhiguang Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.20.5 Zhiguang Electric Key News
7.21 Comsys AB
7.21.1 Comsys AB Corporate Summary
7.21.2 Comsys AB Business Overview
7.21.3 Comsys AB Static Var Compensator and Static Var Generator Major Product Offerings
7.21.4 Comsys AB Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.21.5 Comsys AB Key News
7.22 Beijing In-power Electric Co., Ltd
7.22.1 Beijing In-power Electric Co., Ltd Corporate Summary
7.22.2 Beijing In-power Electric Co., Ltd Business Overview
7.22.3 Beijing In-power Electric Co., Ltd Static Var Compensator and Static Var Generator Major Product Offerings
7.22.4 Beijing In-power Electric Co., Ltd Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.22.5 Beijing In-power Electric Co., Ltd Key News
7.23 Surpass Sun Electric
7.23.1 Surpass Sun Electric Corporate Summary
7.23.2 Surpass Sun Electric Business Overview
7.23.3 Surpass Sun Electric Static Var Compensator and Static Var Generator Major Product Offerings
7.23.4 Surpass Sun Electric Static Var Compensator and Static Var Generator Sales and Revenue in Global (2017-2022)
7.23.5 Surpass Sun Electric Key News
8 Global Static Var Compensator and Static Var Generator Production Capacity, Analysis
8.1 Global Static Var Compensator and Static Var Generator Production Capacity, 2017-2028
8.2 Static Var Compensator and Static Var Generator Production Capacity of Key Manufacturers in Global Market
8.3 Global Static Var Compensator and Static Var Generator Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Static Var Compensator and Static Var Generator Supply Chain Analysis
10.1 Static Var Compensator and Static Var Generator Industry Value Chain
10.2 Static Var Compensator and Static Var Generator Upstream Market
10.3 Static Var Compensator and Static Var Generator Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Static Var Compensator and Static Var Generator Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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