Global Synchronous Condenser Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Synchronous Condenser Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


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: Provides an overview of the Synchronous Condenser market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Synchronous Condenser industry.
Chapter 3: Detailed analysis of Synchronous Condenser market competition landscape. Including Synchronous Condenser manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various 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.
Chapter 5: 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.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Synchronous Condenser by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Synchronous Condenser in 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
1.2.2 Global Synchronous Condenser Production Capacity Estimates and Forecasts (2019-2030)
1.2.3 Global Synchronous Condenser Production Estimates and Forecasts (2019-2030)
1.2.4 Global Synchronous Condenser Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global 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 Synchronous Condenser Market by Manufacturers
3.1 Global Synchronous Condenser Production Value by Manufacturers (2019-2024)
3.2 Global Synchronous Condenser Production by Manufacturers (2019-2024)
3.3 Global Synchronous Condenser Average Price by Manufacturers (2019-2024)
3.4 Global Synchronous Condenser Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Synchronous Condenser Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Synchronous Condenser Manufacturers, Product Type & Application
3.7 Global Synchronous Condenser Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Synchronous Condenser Market CR5 and HHI
3.8.2 Global Top 5 and 10 Synchronous Condenser Players Market Share by Production Value in 2023
3.8.3 2023 Synchronous Condenser Tier 1, Tier 2, and Tier 3
4 Synchronous Condenser Market by Type
4.1 Synchronous Condenser Type Introduction
4.1.1 Below 100 M Var
4.1.2 100-200 M Var
4.1.3 Above 200 M Var
4.2 Global Synchronous Condenser Production by Type
4.2.1 Global Synchronous Condenser Production by Type (2019 VS 2023 VS 2030)
4.2.2 Global Synchronous Condenser Production by Type (2019-2030)
4.2.3 Global Synchronous Condenser Production Market Share by Type (2019-2030)
4.3 Global Synchronous Condenser Production Value by Type
4.3.1 Global Synchronous Condenser Production Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Synchronous Condenser Production Value by Type (2019-2030)
4.3.3 Global Synchronous Condenser Production Value Market Share by Type (2019-2030)
5 Synchronous Condenser Market by Application
5.1 Synchronous Condenser Application Introduction
5.1.1 Transmission System Strength
5.1.2 HVDC Link Support
5.1.3 New Energy
5.1.4 Others
5.2 Global Synchronous Condenser Production by Application
5.2.1 Global Synchronous Condenser Production by Application (2019 VS 2023 VS 2030)
5.2.2 Global Synchronous Condenser Production by Application (2019-2030)
5.2.3 Global Synchronous Condenser Production Market Share by Application (2019-2030)
5.3 Global Synchronous Condenser Production Value by Application
5.3.1 Global Synchronous Condenser Production Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Synchronous Condenser Production Value by Application (2019-2030)
5.3.3 Global Synchronous Condenser Production Value Market Share by Application (2019-2030)
6 Company Profiles
6.1 Siemens
6.1.1 Siemens Comapny Information
6.1.2 Siemens Business Overview
6.1.3 Siemens Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.1.4 Siemens Synchronous Condenser Product Portfolio
6.1.5 Siemens Recent Developments
6.2 GE
6.2.1 GE Comapny Information
6.2.2 GE Business Overview
6.2.3 GE Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.2.4 GE Synchronous Condenser Product Portfolio
6.2.5 GE Recent Developments
6.3 Voith
6.3.1 Voith Comapny Information
6.3.2 Voith Business Overview
6.3.3 Voith Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.3.4 Voith Synchronous Condenser Product Portfolio
6.3.5 Voith Recent Developments
6.4 WEG
6.4.1 WEG Comapny Information
6.4.2 WEG Business Overview
6.4.3 WEG Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.4.4 WEG Synchronous Condenser Product Portfolio
6.4.5 WEG Recent Developments
6.5 Ansaldo Energia
6.5.1 Ansaldo Energia Comapny Information
6.5.2 Ansaldo Energia Business Overview
6.5.3 Ansaldo Energia Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.5.4 Ansaldo Energia Synchronous Condenser Product Portfolio
6.5.5 Ansaldo Energia Recent Developments
6.6 Shanghai Electric
6.6.1 Shanghai Electric Comapny Information
6.6.2 Shanghai Electric Business Overview
6.6.3 Shanghai Electric Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.6.4 Shanghai Electric Synchronous Condenser Product Portfolio
6.6.5 Shanghai Electric Recent Developments
6.7 Dongfang Electric
6.7.1 Dongfang Electric Comapny Information
6.7.2 Dongfang Electric Business Overview
6.7.3 Dongfang Electric Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.7.4 Dongfang Electric Synchronous Condenser Product Portfolio
6.7.5 Dongfang Electric Recent Developments
6.8 Harbin Electric
6.8.1 Harbin Electric Comapny Information
6.8.2 Harbin Electric Business Overview
6.8.3 Harbin Electric Synchronous Condenser Production, Value and Gross Margin (2019-2024)
6.8.4 Harbin Electric Synchronous Condenser Product Portfolio
6.8.5 Harbin Electric Recent Developments
7 Global Synchronous Condenser Production by Region
7.1 Global Synchronous Condenser Production by Region: 2019 VS 2023 VS 2030
7.2 Global Synchronous Condenser Production by Region (2019-2030)
7.2.1 Global Synchronous Condenser Production by Region: 2019-2024
7.2.2 Global Synchronous Condenser Production by Region (2025-2030)
7.3 Global Synchronous Condenser Production by Region: 2019 VS 2023 VS 2030
7.4 Global Synchronous Condenser Production Value by Region (2019-2030)
7.4.1 Global Synchronous Condenser Production Value by Region: 2019-2024
7.4.2 Global Synchronous Condenser Production Value by Region (2025-2030)
7.5 Global Synchronous Condenser Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
7.6.1 North America Synchronous Condenser Production Value (2019-2030)
7.6.2 Europe Synchronous Condenser Production Value (2019-2030)
7.6.3 Asia-Pacific Synchronous Condenser Production Value (2019-2030)
7.6.4 Latin America Synchronous Condenser Production Value (2019-2030)
7.6.5 Middle East & Africa Synchronous Condenser Production Value (2019-2030)
8 Global Synchronous Condenser Consumption by Region
8.1 Global Synchronous Condenser Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Synchronous Condenser Consumption by Region (2019-2030)
8.2.1 Global Synchronous Condenser Consumption by Region (2019-2024)
8.2.2 Global Synchronous Condenser Consumption by Region (2025-2030)
8.3 North America
8.3.1 North America Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.3.2 North America Synchronous Condenser Consumption by Country (2019-2030)
8.3.3 U.S.
8.3.4 Canada
8.4 Europe
8.4.1 Europe Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Synchronous Condenser Consumption by Country (2019-2030)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.5.2 Asia Pacific Synchronous Condenser Consumption by Country (2019-2030)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 LAMEA
8.6.1 LAMEA Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.6.2 LAMEA Synchronous Condenser Consumption by Country (2019-2030)
8.6.3 Mexico
8.6.4 Brazil
8.6.5 Turkey
8.6.6 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Synchronous Condenser Value Chain Analysis
9.1.1 Synchronous Condenser Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Synchronous Condenser Production Mode & Process
9.2 Synchronous Condenser Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Synchronous Condenser Distributors
9.2.3 Synchronous Condenser Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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