Global Static Synchronous Compensator (STATCOM) Competitive Landscape Professional Research Report 2025

Research Summary

A Static Synchronous Compensator (STATCOM) is a power electronic device used in electrical power systems to regulate voltage and improve stability by dynamically providing reactive power compensation. It operates using a voltage source converter (VSC) connected to the power grid, adjusting its output voltage and phase angle to either absorb or generate reactive power as needed. This rapid adjustment helps maintain voltage levels within desired limits, enhancing the stability and quality of the power supply, especially during rapid load changes, voltage sags, or faults. STATCOMs are essential in modern power grids, supporting renewable energy integration, stabilizing transmission lines, and improving power quality in industrial installations due to their fast response time, scalability, and wide operating voltage range.

According to DIResearch's in-depth investigation and research, the global Static Synchronous Compensator (STATCOM) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Static Synchronous Compensator (STATCOM) include Hitachi, Ltd., Siemens Aktiengesellschaft, Windsun Science Technology Co., Ltd., Liaoning Rongxin Xingye Power Technology Co., Ltd., Sieyuan Electric Co., Ltd., TBEA Co., Ltd., Mitsubishi Electric Corporation, General Electric, Nari Technology Co., Ltd., Shandong Taikai Power Electronic Co., Ltd., Shenzhen Hopewind Electric Co., Ltd., American Superconductor Corporation, Ingeteam Inc., Beijing In-power Electric Co., Ltd. etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Static Synchronous Compensator (STATCOM). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Static Synchronous Compensator (STATCOM) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Static Synchronous Compensator (STATCOM) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Static Synchronous Compensator (STATCOM) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Static Synchronous Compensator (STATCOM) Include:

Hitachi, Ltd.

Siemens Aktiengesellschaft

Windsun Science Technology Co., Ltd.

Liaoning Rongxin Xingye Power Technology Co., Ltd.

Sieyuan Electric Co., Ltd.

TBEA Co., Ltd.

Mitsubishi Electric Corporation

General Electric

Nari Technology Co., Ltd.

Shandong Taikai Power Electronic Co., Ltd.

Shenzhen Hopewind Electric Co., Ltd.

American Superconductor Corporation

Ingeteam Inc.

Beijing In-power Electric Co., Ltd.

Static Synchronous Compensator (STATCOM) Product Segment Include:

High Voltage STATCOM

Low Voltage STATCOM

Static Synchronous Compensator (STATCOM) Product Application Include:

Electric Utilities

Renewable Energy

Industrial & Manufacturing

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Static Synchronous Compensator (STATCOM) Industry PESTEL Analysis

Chapter 3: Global Static Synchronous Compensator (STATCOM) Industry Porter’s Five Forces Analysis

Chapter 4: Global Static Synchronous Compensator (STATCOM) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Static Synchronous Compensator (STATCOM) Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Static Synchronous Compensator (STATCOM) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources