Global Synchronous Condenser Market Analysis and Forecast 2024-2030

Global Synchronous Condenser Market Analysis and Forecast 2024-2030


Summary

In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.
Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid. Its field is controlled by a voltage regulator to either generate or absorb reactive power as needed to adjust the grid's voltage, or to improve power factor. The condenser’s installation and operation are identical to large electric motors and generators.

According to APO Research, The global Synchronous Condenser market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Synchronous Condenser is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Synchronous Condenser is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Synchronous Condenser is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Synchronous Condenser is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Synchronous Condenser include Siemens, GE, Voith, WEG, Ansaldo Energia, Shanghai Electric, Dongfang Electric and Harbin Electric, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Synchronous Condenser production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Synchronous Condenser by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Synchronous Condenser, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Synchronous Condenser, also provides the consumption of main regions and countries. Of the upcoming market potential for Synchronous Condenser, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Synchronous Condenser sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Synchronous Condenser market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Synchronous Condenser sales, projected growth trends, production technology, application and end-user industry.

Synchronous Condenser segment by Company

Siemens
GE
Voith
WEG
Ansaldo Energia
Shanghai Electric
Dongfang Electric
Harbin Electric
Synchronous Condenser segment by Type

Below 100 M Var
100-200 M Var
Above 200 M Var
Synchronous Condenser segment by Application

Transmission System Strength
HVDC Link Support
New Energy
Others
Synchronous Condenser segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Synchronous Condenser market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Synchronous Condenser and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Synchronous Condenser.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces 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 3: Synchronous Condenser production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Synchronous Condenser in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Synchronous Condenser manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Synchronous Condenser sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Synchronous Condenser Market by Type
1.2.1 Global Synchronous Condenser Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Below 100 M Var
1.2.3 100-200 M Var
1.2.4 Above 200 M Var
1.3 Synchronous Condenser Market by Application
1.3.1 Global Synchronous Condenser Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Transmission System Strength
1.3.3 HVDC Link Support
1.3.4 New Energy
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Synchronous Condenser Market Dynamics
2.1 Synchronous Condenser Industry Trends
2.2 Synchronous Condenser Industry Drivers
2.3 Synchronous Condenser Industry Opportunities and Challenges
2.4 Synchronous Condenser Industry Restraints
3 Global Synchronous Condenser Production Overview
3.1 Global Synchronous Condenser Production Capacity (2019-2030)
3.2 Global Synchronous Condenser Production by Region: 2019 VS 2023 VS 2030
3.3 Global Synchronous Condenser Production by Region
3.3.1 Global Synchronous Condenser Production by Region (2019-2024)
3.3.2 Global Synchronous Condenser Production by Region (2025-2030)
3.3.3 Global Synchronous Condenser Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Synchronous Condenser Revenue Estimates and Forecasts (2019-2030)
4.2 Global Synchronous Condenser Revenue by Region
4.2.1 Global Synchronous Condenser Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Synchronous Condenser Revenue by Region (2019-2024)
4.2.3 Global Synchronous Condenser Revenue by Region (2025-2030)
4.2.4 Global Synchronous Condenser Revenue Market Share by Region (2019-2030)
4.3 Global Synchronous Condenser Sales Estimates and Forecasts 2019-2030
4.4 Global Synchronous Condenser Sales by Region
4.4.1 Global Synchronous Condenser Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Synchronous Condenser Sales by Region (2019-2024)
4.4.3 Global Synchronous Condenser Sales by Region (2025-2030)
4.4.4 Global Synchronous Condenser Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Synchronous Condenser Revenue by Manufacturers
5.1.1 Global Synchronous Condenser Revenue by Manufacturers (2019-2024)
5.1.2 Global Synchronous Condenser Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Synchronous Condenser Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Synchronous Condenser Sales by Manufacturers
5.2.1 Global Synchronous Condenser Sales by Manufacturers (2019-2024)
5.2.2 Global Synchronous Condenser Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Synchronous Condenser Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Synchronous Condenser Sales Price by Manufacturers (2019-2024)
5.4 Global Synchronous Condenser Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Synchronous Condenser Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Synchronous Condenser Manufacturers, Product Type & Application
5.7 Global Synchronous Condenser Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Synchronous Condenser Market CR5 and HHI
5.8.2 2023 Synchronous Condenser Tier 1, Tier 2, and Tier 3
6 Synchronous Condenser Market by Type
6.1 Global Synchronous Condenser Revenue by Type
6.1.1 Global Synchronous Condenser Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Synchronous Condenser Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Synchronous Condenser Revenue Market Share by Type (2019-2030)
6.2 Global Synchronous Condenser Sales by Type
6.2.1 Global Synchronous Condenser Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Synchronous Condenser Sales by Type (2019-2030) & (M Var)
6.2.3 Global Synchronous Condenser Sales Market Share by Type (2019-2030)
6.3 Global Synchronous Condenser Price by Type
7 Synchronous Condenser Market by Application
7.1 Global Synchronous Condenser Revenue by Application
7.1.1 Global Synchronous Condenser Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Synchronous Condenser Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Synchronous Condenser Revenue Market Share by Application (2019-2030)
7.2 Global Synchronous Condenser Sales by Application
7.2.1 Global Synchronous Condenser Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Synchronous Condenser Sales by Application (2019-2030) & (M Var)
7.2.3 Global Synchronous Condenser Sales Market Share by Application (2019-2030)
7.3 Global Synchronous Condenser Price by Application
8 Company Profiles
8.1 Siemens
8.1.1 Siemens Comapny Information
8.1.2 Siemens Business Overview
8.1.3 Siemens Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Siemens Synchronous Condenser Product Portfolio
8.1.5 Siemens Recent Developments
8.2 GE
8.2.1 GE Comapny Information
8.2.2 GE Business Overview
8.2.3 GE Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 GE Synchronous Condenser Product Portfolio
8.2.5 GE Recent Developments
8.3 Voith
8.3.1 Voith Comapny Information
8.3.2 Voith Business Overview
8.3.3 Voith Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Voith Synchronous Condenser Product Portfolio
8.3.5 Voith Recent Developments
8.4 WEG
8.4.1 WEG Comapny Information
8.4.2 WEG Business Overview
8.4.3 WEG Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 WEG Synchronous Condenser Product Portfolio
8.4.5 WEG Recent Developments
8.5 Ansaldo Energia
8.5.1 Ansaldo Energia Comapny Information
8.5.2 Ansaldo Energia Business Overview
8.5.3 Ansaldo Energia Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Ansaldo Energia Synchronous Condenser Product Portfolio
8.5.5 Ansaldo Energia Recent Developments
8.6 Shanghai Electric
8.6.1 Shanghai Electric Comapny Information
8.6.2 Shanghai Electric Business Overview
8.6.3 Shanghai Electric Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Shanghai Electric Synchronous Condenser Product Portfolio
8.6.5 Shanghai Electric Recent Developments
8.7 Dongfang Electric
8.7.1 Dongfang Electric Comapny Information
8.7.2 Dongfang Electric Business Overview
8.7.3 Dongfang Electric Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Dongfang Electric Synchronous Condenser Product Portfolio
8.7.5 Dongfang Electric Recent Developments
8.8 Harbin Electric
8.8.1 Harbin Electric Comapny Information
8.8.2 Harbin Electric Business Overview
8.8.3 Harbin Electric Synchronous Condenser Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Harbin Electric Synchronous Condenser Product Portfolio
8.8.5 Harbin Electric Recent Developments
9 North America
9.1 North America Synchronous Condenser Market Size by Type
9.1.1 North America Synchronous Condenser Revenue by Type (2019-2030)
9.1.2 North America Synchronous Condenser Sales by Type (2019-2030)
9.1.3 North America Synchronous Condenser Price by Type (2019-2030)
9.2 North America Synchronous Condenser Market Size by Application
9.2.1 North America Synchronous Condenser Revenue by Application (2019-2030)
9.2.2 North America Synchronous Condenser Sales by Application (2019-2030)
9.2.3 North America Synchronous Condenser Price by Application (2019-2030)
9.3 North America Synchronous Condenser Market Size by Country
9.3.1 North America Synchronous Condenser Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Synchronous Condenser Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Synchronous Condenser Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Synchronous Condenser Market Size by Type
10.1.1 Europe Synchronous Condenser Revenue by Type (2019-2030)
10.1.2 Europe Synchronous Condenser Sales by Type (2019-2030)
10.1.3 Europe Synchronous Condenser Price by Type (2019-2030)
10.2 Europe Synchronous Condenser Market Size by Application
10.2.1 Europe Synchronous Condenser Revenue by Application (2019-2030)
10.2.2 Europe Synchronous Condenser Sales by Application (2019-2030)
10.2.3 Europe Synchronous Condenser Price by Application (2019-2030)
10.3 Europe Synchronous Condenser Market Size by Country
10.3.1 Europe Synchronous Condenser Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Synchronous Condenser Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Synchronous Condenser Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Synchronous Condenser Market Size by Type
11.1.1 China Synchronous Condenser Revenue by Type (2019-2030)
11.1.2 China Synchronous Condenser Sales by Type (2019-2030)
11.1.3 China Synchronous Condenser Price by Type (2019-2030)
11.2 China Synchronous Condenser Market Size by Application
11.2.1 China Synchronous Condenser Revenue by Application (2019-2030)
11.2.2 China Synchronous Condenser Sales by Application (2019-2030)
11.2.3 China Synchronous Condenser Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Synchronous Condenser Market Size by Type
12.1.1 Asia Synchronous Condenser Revenue by Type (2019-2030)
12.1.2 Asia Synchronous Condenser Sales by Type (2019-2030)
12.1.3 Asia Synchronous Condenser Price by Type (2019-2030)
12.2 Asia Synchronous Condenser Market Size by Application
12.2.1 Asia Synchronous Condenser Revenue by Application (2019-2030)
12.2.2 Asia Synchronous Condenser Sales by Application (2019-2030)
12.2.3 Asia Synchronous Condenser Price by Application (2019-2030)
12.3 Asia Synchronous Condenser Market Size by Country
12.3.1 Asia Synchronous Condenser Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Synchronous Condenser Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Synchronous Condenser Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Synchronous Condenser Market Size by Type
13.1.1 Middle East, Africa and Latin America Synchronous Condenser Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Synchronous Condenser Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Synchronous Condenser Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Synchronous Condenser Market Size by Application
13.2.1 Middle East, Africa and Latin America Synchronous Condenser Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Synchronous Condenser Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Synchronous Condenser Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Synchronous Condenser Market Size by Country
13.3.1 Middle East, Africa and Latin America Synchronous Condenser Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Synchronous Condenser Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Synchronous Condenser Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Synchronous Condenser Value Chain Analysis
14.1.1 Synchronous Condenser Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Synchronous Condenser Production Mode & Process
14.2 Synchronous Condenser Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Synchronous Condenser Distributors
14.2.3 Synchronous Condenser Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings