Global Static Var Compensators (SVCs) Market Growth 2023-2029

Global Static Var Compensators (SVCs) Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global Static Var Compensators (SVCs) 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 Static Var Compensators (SVCs) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Static Var Compensators (SVCs) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Static Var Compensators (SVCs) 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 Static Var Compensators (SVCs).

The global Static Var Compensators (SVCs) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Static Var Compensators (SVCs) 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 Static Var Compensators (SVCs) 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 Static Var Compensators (SVCs) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Static Var Compensators (SVCs) players cover Hitachi Energy, Merus Power, Siemens Energy, GE Grid Solutions, Endoks, JEMA Energy, YIYEN Electric Technology Co., Ltd., NR Electric Co., Ltd. and RXHK, 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 Static Var Compensators (SVCs) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Thyristor-Based
Magnetically Controlled Reactor (MCR)-Based

Segmentation by application
Electrical Utilities
Steel and Metal Industry
Mining Industry
Others

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.
Hitachi Energy
Merus Power
Siemens Energy
GE Grid Solutions
Endoks
JEMA Energy
YIYEN Electric Technology Co., Ltd.
NR Electric Co., Ltd.
RXHK
Nissin Electric Co., Ltd.
American Superconductor Corp.
American Electric Power
Rong Xin Dian Zi Dian Li
Novtium(Beijing) Electric Technology Co., Ltd(Novtium)
Shandong Albertson Electric Co., Ltd.
Sun.King Technology Group Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global Static Var Compensators (SVCs) market?

What factors are driving Static Var Compensators (SVCs) market growth, globally and by region?

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

How do Static Var Compensators (SVCs) market opportunities vary by end market size?

How does Static Var Compensators (SVCs) 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.