Global Static Var Compensator and Static Var Generator Competitive Landscape Professional Research Report 2024
Research Summary
A Static Var Compensator (SVC) and a Static Var Generator (SVG) are advanced power electronic devices used to manage reactive power and enhance voltage stability in electrical power systems. An SVC operates by using a combination of thyristor-controlled reactors (TCRs) and thyristor-switched capacitors (TSCs) to dynamically adjust reactive power flow, thereby maintaining voltage levels and improving system stability. In contrast, an SVG, also known as a Static Synchronous Compensator (STATCOM), utilizes a voltage source converter (VSC) to provide fast and precise reactive power compensation by generating or absorbing reactive power directly. Both devices are essential for stabilizing voltage, improving power quality, and ensuring reliable operation of power grids, particularly in scenarios with rapid load changes or integration of renewable energy sources.
According to DIResearch's in-depth investigation and research, the global Static Var Compensator and Static Var Generator market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.
The major global manufacturers of Static Var Compensator and Static Var Generator include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, Mitsubishi Electric, Hitachi, Toshiba, S&C Electric, GE, Hangzhou Yinhu Electric, AMSC, Xian XD Power, Weihan, Ingeteam, Hengshun Zhongsheng, Sinexcel, Merus Power, Baoding Sifang Sanyi Electric, Xuji Group Corporation, Zhiguang Electric, Comsys, Beijing In-power Electric Co., Ltd, Surpass Sun Electric etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Static Var Compensator and Static Var Generator. Focus on analysing the market share, product portfolio, prices, sales volume, 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 Var Compensator and Static Var Generator market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.
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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Include:
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
Static Var Compensator and Static Var Generator Product Segment Include:
Static Var Compensator
Static Var Generator
Static Var Compensator and Static Var Generator Product Application Include:
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Static Var Compensator and Static Var Generator Industry PESTEL Analysis
Chapter 3: Global Static Var Compensator and Static Var Generator Industry Porter’s Five Forces Analysis
Chapter 4: Global Static Var Compensator and Static Var Generator Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Static Var Compensator and Static Var Generator Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Static Var Compensator and Static Var Generator Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Static Var Compensator and Static Var Generator 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