This report contains market size and forecasts of Static Var Compensators (SVCs) in global, including the following market information:
Global Static Var Compensators (SVCs) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Static Var Compensators (SVCs) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Static Var Compensators (SVCs) companies in 2021 (%)
The global Static Var Compensators (SVCs) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Thyristor-Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Static Var Compensators (SVCs) include Hitachi Energy, Merus Power, Siemens Energy, GE Grid Solutions, Endoks, JEMA Energy, YIYEN Electric Technology Co., Ltd., NR Electric Co., Ltd. and RXHK, 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 Compensators (SVCs) 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 Compensators (SVCs) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensators (SVCs) Market Segment Percentages, by Type, 2021 (%)
Thyristor-Based
Magnetically Controlled Reactor (MCR)-Based
Global Static Var Compensators (SVCs) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensators (SVCs) Market Segment Percentages, by Application, 2021 (%)
Electrical Utilities
Steel and Metal Industry
Mining Industry
Others
Global Static Var Compensators (SVCs) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Static Var Compensators (SVCs) 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 Compensators (SVCs) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Static Var Compensators (SVCs) revenues share in global market, 2021 (%)
Key companies Static Var Compensators (SVCs) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Static Var Compensators (SVCs) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Energy
Merus Power
Siemens Energy
GE Grid Solutions
Endoks
JEMA Energy
YIYEN Electric Technology Co., Ltd.
NR Electric Co., Ltd.
RXHK
Nissin Electric Co., Ltd.
American Superconductor Corp.
American Electric Power
Rong Xin Dian Zi Dian Li
Novtium(Beijing) Electric Technology Co., Ltd(Novtium)
Shandong Albertson Electric Co., Ltd.
Sun.King Technology Group Limited