MEA Synchronous Condenser Market - Industry Trends and Forecast to 2030
Middle-East and Africa synchronous condenser market is expected to reach USD 179,142.80 thousand by 2030 from USD 138,102.43 thousand in 2022 with a CAGR of 3.3% in the forecast period from 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Middle-East and Africa Synchronous Condenser Market, By Cooling Technology (Hydrogen Cooled Synchronous Condenser, Air-Cooled Synchronous Condenser, and Water Cooled Synchronous Condenser), Starting Method (Static Frequency Convertor, Pony Motor, and Others), Reactive Power Rating (Above 200 MVAR, 101-200 MVAR, 61-100 MVAR, 31-60 MVAR, and 0-30 MVAR), End-User (Electrical Utilities and Industrial Sectors), Type (New Synchronous Condenser and Refurbished Synchronous Condenser), Design (Salient Pole Design and Cylindrical Rotor Design), No. of Poles (4 to 8, Less Than 4, and More Than 8), Excitation System Type (Static Excitation and Brushless Excitation System), Country (Saudi Arabia, U.A.E., Egypt, South Africa, Israel, Bahrain, Kuwait, Qatar, Oman, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Middle-East and Africa Synchronous Condenser Market Dynamics: Driver:
• Rising demand for safe and secure electrical grid systems
Restraint: • Stringent standards related to synchronous condenser Opportunity:
• Rising government initiatives to reduce air pollution
Market Players
Some of the major players operating in the Middle-East and Africa synchronous condenser market are:
• Doosan Škoda Power • General Electric • Eaton • ABB • Ansaldo Energia • WEG • Siemens Energy • IDEAL ELECTRIC POWER CO • ANDRITZ • Mitsubishi Electric Power Products, Inc. • Power Systems & Controls, Inc. • Baker Hughes Company • Shanghai Electric • INGETEAM, S.A. • Hitachi Energy Ltd. • Voith GmbH & Co. KGaA
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order. The report will take approximately 15-20 business days to prepare and deliver.
1 Introduction 30
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of The Middle East & Africa Synchronous Condenser Market
1.4 Currency And Pricing
1.5 Limitations
1.6 Markets Covered
2 Market Segmentation 36
2.1 Markets Covered
2.2 Years Considered For The Study
2.3 Geographic Scope
2.4 Dbmr Tripod Data Validation Model
2.5 Primary Interviews With Key Opinion Leaders
2.6 Dbmr Market Position Grid
2.7 Vendor Share Analysis
2.8 Multivariate Modelling
2.9 Cooling Technology Curve
2.10 Market End-user Coverage Grid
2.11 Secondary Sources
2.12 Assumptions
3 Executive Summary 50
4 Premium Insights 53
4.1 Flywheel Role In Synchronous Condenser Systems
5 Regional Reasoning 57
5.1 Middle East And Africa
6 Market Overview 58
6.1 Drivers
6.1.1 Increasing Demand For Clean Energy Sources
6.1.2 Growing Need For Integrated Systems In Power Plants
6.1.3 Rising Demand For Safe And Secure Electrical Grid Systems
6.1.4 Expansion Of Hvdc Network Across The World
6.2 Restraints
6.2.1 Higher Prices Associated With Capital And Maintenance
6.2.2 Stringent Standards Related To Synchronous Condenser
6.2.3 Higher Price Volatility Of Raw Materials
6.3 Opportunities
6.3.1 Rising Government Initiatives To Reduce Air Pollution
6.3.2 Upsurge In Decommissioning Of Aging And Conventional Power Generation Sources
6.3.3 Increase In Investments In R&D To Develop Efficient Synchronous Condenser
6.4 Challenges
6.4.1 Availability Of Low-cost Substitutes
6.4.2 Involvement In Sophisticated And Time-consuming Installation Process
7 Middle East & Africa Synchronous Condenser Market, By Cooling Technology 74
7.1 Overview
7.2 Hydrogen Cooled Synchronous Condenser
7.3 Air-cooled Synchronous Condenser
7.4 Water Cooled Synchronous Condenser
8 Middle East & Africa Synchronous Condenser Market, By Starting Method 78
8.1 Overview
8.2 Static Frequency Convertor
8.3 Pony Motor
8.4 Others
9 Middle East & Africa Synchronous Condenser Market, By Reactive Power Rating 82
9.1 Overview
9.2 Above 200 Mvar
9.3 101-200 Mvar
9.4 61-100 Mvar
9.5 31-60 Mvar
9.6 0-30 Mvar
10 Middle East & Africa Synchronous Condenser Market, By End User 87
10.1 Overview
10.2 Electrical Utilities
10.3 Industrial Sectors
11 Middle East & Africa Synchronous Condenser Market, By Type 90
11.1 Overview
11.2 New Synchronous Condenser
11.3 Refurbished Synchronous Condenser
12 Middle East & Africa Synchronous Condenser Market, By Design 94
12.1 Overview
12.2 Salient Pole Design
12.3 Cylindrical Rotor Design
13 Middle East & Africa Synchronous Condenser Market, By No. Of Poles 98
13.1 Overview
13.2 4 To 8
13.3 Less Than 4
13.4 More Than 8
14 Middle East & Africa Synchronous Condenser Market, By Excitation System Type 102
14.1 Overview
14.2 Static Excitation
14.3 Brushless Excitation System
15 Middle East & Africa Synchronous Condenser Market, By Region 106
15.1 Middle East And Africa
15.1.1 U.A.E
15.1.2 Saudi Arabia
15.1.3 Egypt
15.1.4 South Africa
15.1.5 Israel
15.1.6 Qatar
15.1.7 Oman
15.1.8 Bahrain
15.1.9 Kuwait
15.1.10 Rest Of Middle East And Africa
16 Middle East & Africa Synchronous Condenser Market, Company Landscape 137
16.1 Company Share Analysis: Middle East & Africa
17 Swot Analysis 138
18 Company Profile 139
18.1 General Electric
18.1.1 Company Snapshot
18.1.2 Revenue Analysis
18.1.3 Company Share Analysis
18.1.4 Product Portfolio
18.1.5 Recent Developments
18.2 Abb
18.2.1 Company Snapshot
18.2.2 Revenue Analysis
18.2.3 Company Share Analysis
18.2.4 Product Portfolio
18.2.5 Recent Developments
18.3 Eaton
18.3.1 Company Snapshot
18.3.2 Revenue Analysis
18.3.3 Company Share Analysis
18.3.4 Service Portfolio
18.3.5 Recent Developments
18.4 Voith Gmbh & Co. Kgaa
18.4.1 Company Snapshot
18.4.2 Company Share Analysis
18.4.3 Product Portfolio
18.4.4 Recent Developments
18.5 Baker Hughes Company
18.5.1 Company Snapshot
18.5.2 Revenue Analysis
18.5.3 Company Share Analysis
18.5.4 Product & Services Portfolio
18.5.5 Recent Developments
18.6 Andritz
18.6.1 Company Snapshot
18.6.2 Revenue Analysis
18.6.3 Company Share Analysis
18.6.4 Product Portfolio
18.6.5 Recent Developments
18.7 Ansaldo Energia
18.7.1 Company Snapshot
18.7.2 Revenue Analysis
18.7.3 Product Portfolio
18.7.4 Recent Developments
18.8 Doosan Škoda Power
18.8.1 Company Snapshot
18.8.2 Product Portfolio
18.8.3 Recent Developments
18.9 Hitachi Energy Ltd
18.9.1 Company Snapshot
18.9.2 Revenue Analysis
18.9.3 Product Portfolio
18.9.4 Recent Developments
18.10 Ideal Electric Power Co.
18.10.1 Company Snapshot
18.10.2 Product Portfolio
18.10.3 Recent Development
18.11 Ingeteam
18.11.1 Company Snapshot
18.11.2 Product Portfolio
18.11.3 Recent Developments
18.12 Mitsubishi Electric Power Products, Inc.
18.12.1 Company Snapshot
18.12.2 Revenue Analysis
18.12.3 Solution Portfolio
18.12.4 Recent Developments
18.13 Power Systems & Controls, Inc.
18.13.1 Company Snapshot
18.13.2 Product Portfolio
18.13.3 Recent Development
18.14 Shanghai Electric Power Generation Equipment Co.,Ltd. (A Subsidiary Of Shanghai Electric)
18.14.1 Company Snapshot
18.14.2 Revenue Analysis
18.14.3 Product Portfolio
18.14.4 Recent Developments
18.15 Siemens
18.15.1 Company Snapshot
18.15.2 Revenue Analysis
18.15.3 Product Portfolio
18.15.4 Recent Developments
18.16 Weg
18.16.1 Company Snapshot
18.16.2 Revenue Analysis
18.16.3 Product Portfolio
18.16.4 Recent Developments
19 Questionnaire 178
20 Related Reports 182
List Of Tables
Table 1 Uninterrupted Operation Requirements For Voltage Disturbances
Table 2 Comparison Between Synchronous Condenser, Svc, And Satcom
Table 3 Middle East & Africa Synchronous Condenser Market, By Cooling Technology, 2021-2030 (Usd Thousand)
Table 4 Middle East & Africa Hydrogen Cooled Synchronous Condenser In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 5 Middle East & Africa Air-cooled Synchronous Condenser In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 6 Middle East & Africa Water Cooled Synchronous Condenser In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 7 Middle East & Africa Synchronous Condenser Market, By Starting Method, 2021-2030 (Usd Thousand)
Table 8 Middle East & Africa Static Frequency Convertor In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 9 Middle East & Africa Pony Motor In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 10 Middle East & Africa Others In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 11 Middle East & Africa Synchronous Condenser Market, By Reactive Power Rating, 2021-2030 (Usd Thousand)
Table 12 Middle East & Africa Above 200 Mvar In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 13 Middle East & Africa 101-200 Mvar In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 14 Middle East & Africa 61-100 Mvar In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 15 Middle East & Africa 31-60 Mvar In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 16 Middle East & Africa 0-30 Mvar In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 17 Middle East & Africa Synchronous Condenser Market, By End User, 2021-2030 (Usd Thousand)
Table 18 Middle East & Africa Electrical Utilities In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 19 Middle East & Africa Industrial Sectors In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 20 Middle East & Africa Synchronous Condenser Market, By Type, 2021-2030 (Usd Thousand)
Table 21 Middle East & Africa New Synchronous Condenser In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 22 Middle East & Africa Refurbished Synchronous Condenser In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 23 Middle East & Africa Synchronous Condenser Market, By Design, 2021-2030 (Usd Thousand)
Table 24 Middle East & Africa Salient Pole Design In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 25 Middle East & Africa Cylindrical Rotor Design In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 26 Middle East & Africa Synchronous Condenser Market, By No. Of Poles, 2021-2030 (Usd Thousand)
Table 27 Middle East & Africa 4 To 8 In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 28 Middle East & Africa Less Than 4 In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 29 Middle East & Africa More Than 8 In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 30 Middle East & Africa Synchronous Condenser Market, By Excitation System Type, 2021-2030 (Usd Thousand)
Table 31 Middle East & Africa Static Excitation In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 32 Brushless Excitation System In Synchronous Condenser Market, By Region, 2021-2030 (Usd Thousand)
Table 33 Middle East And Africa Synchronous Condenser Market, By Country, 2021-2030 (Usd Thousand)
Table 34 Middle East And Africa Synchronous Condenser Market, By Cooling Technology, 2021-2030 (Usd Thousand)
Table 35 Middle East And Africa Synchronous Condenser Market, By Starting Method, 2021-2030 (Usd Thousand)
Table 36 Middle East And Africa Synchronous Condenser Market, By Reactive Power Rating, 2021-2030 (Usd Thousand)
Table 37 Middle East And Africa Synchronous Condenser Market, By Reactive Power Rating, 2021-2030 (Units)
Table 38 Middle East And Africa Synchronous Condenser Market, By End User, 2021-2030 (Usd Thousand)
Table 39 Middle East And Africa Synchronous Condenser Market, By Type, 2021-2030 (Usd Thousand)
Table 40 Middle East And Africa Synchronous Condenser Market, By Design, 2021-2030 (Usd Thousand)
Table 41 Middle East And Africa Synchronous Condenser Market, By No. Of Poles, 2021-2030 (Usd Thousand)
Table 42 Middle East And Africa Synchronous Condenser Market, By Excitation System Type, 2021-2030 (Usd Thousand)
Table 113 Kuwait Synchronous Condenser Market, By No. Of Poles, 2021-2030 (Usd Thousand)
Table 114 Kuwait Synchronous Condenser Market, By Excitation System Type, 2021-2030 (Usd Thousand)
Table 115 Rest Of Middle East And Africa Synchronous Condenser Market, By Cooling Technology, 2021-2030 (Usd Thousand)
List Of Figures
Figure 1 Middle East & Africa Synchronous Condenser Market: Segmentation
Figure 2 Middle East & Africa Synchronous Condenser Market: Dbmr Tripod Data Validation Model
Figure 3 Middle East & Africa Synchronous Condenser Market: Droc Analysis
Figure 4 Middle East & Africa Synchronous Condenser Market: Middle East & Africa Vs Regional Market Analysis
Figure 5 Middle East & Africa Synchronous Condenser Market: Company Research Analysis
Figure 6 Middle East & Africa Synchronous Condenser Market: Interview Demographics
Figure 7 Middle East & Africa Synchronous Condenser Market: Dbmr Market Position Grid
Figure 8 Middle East & Africa Synchronous Condenser Market: Vendor Share Analysis
Figure 9 Middle East & Africa Synchronous Condenser Market: Multivariate Modelling
Figure 10 Middle East & Africa Synchronous Condenser Market: Cooling Technology Curve
Figure 11 Middle East & Africa Synchronous Condenser Market: Market End-user Coverage Grid
Figure 12 Middle East & Africa Synchronous Condenser Market: Segmentation
Figure 13 Increasing Demand For Clean Energy Sources Is Expected To Be A Key Driver For Middle East & Africa Synchronous Condenser Market Growth In The Forecast Period Of 2023 To 2030
Figure 14 Hydrogen Cooled Synchronous Condenser Is Expected To Account For The Largest Share Of The Middle East & Africa Synchronous Condenser Market In 2023 To 2030
Figure 15 Synchronous Condenser With Flywheel
Figure 16 Synchronous Condenser With Flywheel
Figure 17 Drivers, Restraints, Opportunities, And Challenges Of The Middle East & Africa Synchronous Condenser Market
Figure 18 Share Of Different Power Generating Sources
Figure 19 Generation Of Wind Energy
Figure 20 Opportunities In The Integration Of Systems In Power Plants
Figure 21 Average Annual Investment Spending On Electricity Grids
Figure 22 Pricing List Of Copper Material
Figure 23 Middle East & Africa Synchronous Condenser Market: By Cooling Technology, 2022
Figure 24 Middle East & Africa Synchronous Condenser Market: By Starting Method, 2022
Figure 25 Middle East & Africa Synchronous Condenser Market: By Reactive Power Rating, 2022
Figure 26 Middle East & Africa Synchronous Condenser Market: By End User, 2022
Figure 27 Middle East & Africa Synchronous Condenser Market: By Type, 2022
Figure 28 Middle East & Africa Synchronous Condenser Market: By Design, 2022
Figure 29 Middle East & Africa Synchronous Condenser Market: By No. Of Poles, 2022
Figure 30 Middle East & Africa Synchronous Condenser Market: By Excitation System Type, 2022
Figure 31 Middle East And Africa Synchronous Condenser Market: Snapshot (2022)
Figure 32 Middle East And Africa Synchronous Condenser Market: By Country (2022)
Figure 33 Middle East And Africa Synchronous Condenser Market: By Country (2023 & 2030)
Figure 34 Middle East And Africa Synchronous Condenser Market: By Country (2022 & 2030)
Figure 35 Middle East And Africa Synchronous Condenser Market: By Coolong Technology (2023-2030)
Figure 36 Middle East & Africa Synchronous Condenser Market: Company Share 2022 (%) 123