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Flexible Shunt Compensation-Global Market Insights and Sales Trends 2024
Synopsis
Flexible Parallel Compensation is a compensation measure in power systems used to improve the voltage and power factor of power transmission and distribution systems. It is part of the Flexible Alternating Current Transmission System (FACTS) and is one of the applications of advanced power electronics technology.
The global Flexible Shunt Compensation market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Flexible Shunt Compensation in various end use industries. The expanding demands from the Metal Industry, Railway, Utilities and Others, are propelling Flexible Shunt Compensation market. Shunt Capacitive Compensation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Shunt Inductive Compensation segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Flexible Shunt Compensation market, driven by demand from China, the second largest economy with some signs of stabilising, the Flexible Shunt Compensation market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Flexible Shunt Compensation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Flexible Shunt Compensation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Flexible Shunt Compensation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flexible Shunt Compensation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Flexible Shunt Compensation covered in this report include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung, etc.
The global Flexible Shunt Compensation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
Global Flexible Shunt Compensation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Flexible Shunt Compensation market, Segment by Type:
Shunt Capacitive Compensation
Shunt Inductive Compensation
Global Flexible Shunt Compensation market, by Application
Metal Industry
Railway
Utilities
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Flexible Shunt Compensation manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Flexible Shunt Compensation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Flexible Parallel Compensation is a compensation measure in power systems used to improve the voltage and power factor of power transmission and distribution systems. It is part of the Flexible Alternating Current Transmission System (FACTS) and is one of the applications of advanced power electronics technology.
The global Flexible Shunt Compensation market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Flexible Shunt Compensation in various end use industries. The expanding demands from the Metal Industry, Railway, Utilities and Others, are propelling Flexible Shunt Compensation market. Shunt Capacitive Compensation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Shunt Inductive Compensation segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Flexible Shunt Compensation market, driven by demand from China, the second largest economy with some signs of stabilising, the Flexible Shunt Compensation market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Flexible Shunt Compensation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Flexible Shunt Compensation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Flexible Shunt Compensation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flexible Shunt Compensation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Flexible Shunt Compensation covered in this report include ABB, Siemens, RXPE, Sieyuan Electric, Mitsubishi Electric, GE, Toshiba, AMSC and Hyosung, etc.
The global Flexible Shunt Compensation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
Global Flexible Shunt Compensation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Flexible Shunt Compensation market, Segment by Type:
Shunt Capacitive Compensation
Shunt Inductive Compensation
Global Flexible Shunt Compensation market, by Application
Metal Industry
Railway
Utilities
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Flexible Shunt Compensation manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Flexible Shunt Compensation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Flexible Shunt Compensation Market Overview
1.1 Flexible Shunt Compensation Product Overview
1.2 Flexible Shunt Compensation Market Segment by Type
1.2.1 Shunt Capacitive Compensation
1.2.2 Shunt Inductive Compensation
1.3 Global Flexible Shunt Compensation Market Size by Type
1.3.1 Global Flexible Shunt Compensation Market Size Overview by Type (2018-2029)
1.3.2 Global Flexible Shunt Compensation Historic Market Size Review by Type (2018-2023)
1.3.3 Global Flexible Shunt Compensation Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Flexible Shunt Compensation Sales Breakdown by Type (2018-2023)
1.4.2 Europe Flexible Shunt Compensation Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Flexible Shunt Compensation Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Flexible Shunt Compensation Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Flexible Shunt Compensation Sales Breakdown by Type (2018-2023)
2 Global Flexible Shunt Compensation Market Competition by Company
2.1 Global Top Players by Flexible Shunt Compensation Sales (2018-2023)
2.2 Global Top Players by Flexible Shunt Compensation Revenue (2018-2023)
2.3 Global Top Players by Flexible Shunt Compensation Price (2018-2023)
2.4 Global Top Manufacturers Flexible Shunt Compensation Manufacturing Base Distribution, Sales Area, Product Type
2.5 Flexible Shunt Compensation Market Competitive Situation and Trends
2.5.1 Flexible Shunt Compensation Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Flexible Shunt Compensation Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Flexible Shunt Compensation as of 2022)
2.7 Date of Key Manufacturers Enter into Flexible Shunt Compensation Market
2.8 Key Manufacturers Flexible Shunt Compensation Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Flexible Shunt Compensation Status and Outlook by Region
3.1 Global Flexible Shunt Compensation Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Flexible Shunt Compensation Historic Market Size by Region
3.2.1 Global Flexible Shunt Compensation Sales in Volume by Region (2018-2023)
3.2.2 Global Flexible Shunt Compensation Sales in Value by Region (2018-2023)
3.2.3 Global Flexible Shunt Compensation Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Flexible Shunt Compensation Forecasted Market Size by Region
3.3.1 Global Flexible Shunt Compensation Sales in Volume by Region (2024-2029)
3.3.2 Global Flexible Shunt Compensation Sales in Value by Region (2024-2029)
3.3.3 Global Flexible Shunt Compensation Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Flexible Shunt Compensation by Application
4.1 Flexible Shunt Compensation Market Segment by Application
4.1.1 Metal Industry
4.1.2 Railway
4.1.3 Utilities
4.1.4 Others
4.2 Global Flexible Shunt Compensation Market Size by Application
4.2.1 Global Flexible Shunt Compensation Market Size Overview by Application (2018-2029)
4.2.2 Global Flexible Shunt Compensation Historic Market Size Review by Application (2018-2023)
4.2.3 Global Flexible Shunt Compensation Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Flexible Shunt Compensation Sales Breakdown by Application (2018-2023)
4.3.2 Europe Flexible Shunt Compensation Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Flexible Shunt Compensation Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Flexible Shunt Compensation Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Flexible Shunt Compensation Sales Breakdown by Application (2018-2023)
5 North America Flexible Shunt Compensation by Country
5.1 North America Flexible Shunt Compensation Historic Market Size by Country
5.1.1 North America Flexible Shunt Compensation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Flexible Shunt Compensation Sales in Volume by Country (2018-2023)
5.1.3 North America Flexible Shunt Compensation Sales in Value by Country (2018-2023)
5.2 North America Flexible Shunt Compensation Forecasted Market Size by Country
5.2.1 North America Flexible Shunt Compensation Sales in Volume by Country (2024-2029)
5.2.2 North America Flexible Shunt Compensation Sales in Value by Country (2024-2029)
6 Europe Flexible Shunt Compensation by Country
6.1 Europe Flexible Shunt Compensation Historic Market Size by Country
6.1.1 Europe Flexible Shunt Compensation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Flexible Shunt Compensation Sales in Volume by Country (2018-2023)
6.1.3 Europe Flexible Shunt Compensation Sales in Value by Country (2018-2023)
6.2 Europe Flexible Shunt Compensation Forecasted Market Size by Country
6.2.1 Europe Flexible Shunt Compensation Sales in Volume by Country (2024-2029)
6.2.2 Europe Flexible Shunt Compensation Sales in Value by Country (2024-2029)
7 Asia-Pacific Flexible Shunt Compensation by Region
7.1 Asia-Pacific Flexible Shunt Compensation Historic Market Size by Region
7.1.1 Asia-Pacific Flexible Shunt Compensation Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Flexible Shunt Compensation Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Flexible Shunt Compensation Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Flexible Shunt Compensation Forecasted Market Size by Region
7.2.1 Asia-Pacific Flexible Shunt Compensation Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Flexible Shunt Compensation Sales in Value by Region (2024-2029)
8 Latin America Flexible Shunt Compensation by Country
8.1 Latin America Flexible Shunt Compensation Historic Market Size by Country
8.1.1 Latin America Flexible Shunt Compensation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Flexible Shunt Compensation Sales in Volume by Country (2018-2023)
8.1.3 Latin America Flexible Shunt Compensation Sales in Value by Country (2018-2023)
8.2 Latin America Flexible Shunt Compensation Forecasted Market Size by Country
8.2.1 Latin America Flexible Shunt Compensation Sales in Volume by Country (2024-2029)
8.2.2 Latin America Flexible Shunt Compensation Sales in Value by Country (2024-2029)
9 Middle East and Africa Flexible Shunt Compensation by Country
9.1 Middle East and Africa Flexible Shunt Compensation Historic Market Size by Country
9.1.1 Middle East and Africa Flexible Shunt Compensation Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Flexible Shunt Compensation Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Flexible Shunt Compensation Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Flexible Shunt Compensation Forecasted Market Size by Country
9.2.1 Middle East and Africa Flexible Shunt Compensation Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Flexible Shunt Compensation Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Flexible Shunt Compensation Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Flexible Shunt Compensation Products Offered
10.2.5 Siemens Recent Development
10.3 RXPE
10.3.1 RXPE Company Information
10.3.2 RXPE Introduction and Business Overview
10.3.3 RXPE Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.3.4 RXPE Flexible Shunt Compensation Products Offered
10.3.5 RXPE Recent Development
10.4 Sieyuan Electric
10.4.1 Sieyuan Electric Company Information
10.4.2 Sieyuan Electric Introduction and Business Overview
10.4.3 Sieyuan Electric Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Sieyuan Electric Flexible Shunt Compensation Products Offered
10.4.5 Sieyuan Electric Recent Development
10.5 Mitsubishi Electric
10.5.1 Mitsubishi Electric Company Information
10.5.2 Mitsubishi Electric Introduction and Business Overview
10.5.3 Mitsubishi Electric Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric Flexible Shunt Compensation Products Offered
10.5.5 Mitsubishi Electric Recent Development
10.6 GE
10.6.1 GE Company Information
10.6.2 GE Introduction and Business Overview
10.6.3 GE Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GE Flexible Shunt Compensation Products Offered
10.6.5 GE Recent Development
10.7 Toshiba
10.7.1 Toshiba Company Information
10.7.2 Toshiba Introduction and Business Overview
10.7.3 Toshiba Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Flexible Shunt Compensation Products Offered
10.7.5 Toshiba Recent Development
10.8 AMSC
10.8.1 AMSC Company Information
10.8.2 AMSC Introduction and Business Overview
10.8.3 AMSC Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.8.4 AMSC Flexible Shunt Compensation Products Offered
10.8.5 AMSC Recent Development
10.9 Hyosung
10.9.1 Hyosung Company Information
10.9.2 Hyosung Introduction and Business Overview
10.9.3 Hyosung Flexible Shunt Compensation Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyosung Flexible Shunt Compensation Products Offered
10.9.5 Hyosung Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Flexible Shunt Compensation Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Flexible Shunt Compensation Industrial Chain Analysis
11.4 Flexible Shunt Compensation Market Dynamics
11.4.1 Flexible Shunt Compensation Industry Trends
11.4.2 Flexible Shunt Compensation Market Drivers
11.4.3 Flexible Shunt Compensation Market Challenges
11.4.4 Flexible Shunt Compensation Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Flexible Shunt Compensation Distributors
12.3 Flexible Shunt Compensation Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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