Global STATCOM UPS Market Growth 2023-2029

Global STATCOM UPS Market Growth 2023-2029

LPI (LP Information)' newest research report, the “STATCOM UPS Industry Forecast” looks at past sales and reviews total world STATCOM UPS sales in 2022, providing a comprehensive analysis by region and market sector of projected STATCOM UPS sales for 2023 through 2029. With STATCOM UPS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world STATCOM UPS industry.

This Insight Report provides a comprehensive analysis of the global STATCOM UPS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on STATCOM UPS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global STATCOM UPS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for STATCOM UPS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global STATCOM UPS.

The global STATCOM UPS market size is projected to grow from US$ 45 million in 2022 to US$ 84 million in 2029; it is expected to grow at a CAGR of 84 from 2023 to 2029.

United States market for STATCOM UPS is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for STATCOM UPS is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for STATCOM UPS is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key STATCOM UPS players cover General Electric, Bharat Heavy Electricals Limited (BHEL), NR Energy Solutions, ABB India Limited, Crompton Greaves Limited, Schneider Electric, Mitsubishi Electric, Signotron India and Veeral Controls, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of STATCOM UPS market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Gate Turn-Off Thyristors (GTO) STATCOM
Insulated Gate Bipolar Transistors (IGBT) STATCOM

Segmentation by application
Power Substations
Automobile Industry
Oil & Gas
Mining
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
Bharat Heavy Electricals Limited (BHEL)
NR Energy Solutions
ABB India Limited
Crompton Greaves Limited
Schneider Electric
Mitsubishi Electric
Signotron India
Veeral Controls
Power One Micro Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global STATCOM UPS market?

What factors are driving STATCOM UPS market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do STATCOM UPS market opportunities vary by end market size?

How does STATCOM UPS break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.