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Global Static Synchronous Compensator (STATCOM) Market Research Report 2024

Global Static Synchronous Compensator (STATCOM) Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1579009

No of Pages : 95

Synopsis
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
The global Static Synchronous Compensator (STATCOM) market was valued at US$ 857.8 million in 2023 and is anticipated to reach US$ 1190.5 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
Global key players of static synchronous compensator (STATCOM) include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power, Sieyuan Electric and TBEA, the top six players hold a share about 58%. Windsun Science Technology is the largest producer, with a share of 15%. North America is the largest market of feed grade calcium propionate, with a share about 83%, followed by Europe and Asia-Pacific, with shares about 7% and 6% separately. In terms of product type, high voltage STATCOM is the largest segment, with a share about 97%. And in terms of application, electric utilities is the largest application, with a share about 40 percent.
This report aims to provide a comprehensive presentation of the global market for Static Synchronous Compensator (STATCOM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Synchronous Compensator (STATCOM).
Report Scope
The Static Synchronous Compensator (STATCOM) market size, estimations, and forecasts are provided in terms of output/shipments (Mvar) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Static Synchronous Compensator (STATCOM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Static Synchronous Compensator (STATCOM) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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.
Segment by Type
High Voltage STATCOM
Low Voltage STATCOM
Segment by Application
Electric Utilities
Renewable Energy
Industrial & Manufacturing
Others
Production by Region
China
Europe
North America
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Static Synchronous Compensator (STATCOM) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Static Synchronous Compensator (STATCOM) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Static Synchronous Compensator (STATCOM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index
1 Static Synchronous Compensator (STATCOM) Market Overview
1.1 Product Definition
1.2 Static Synchronous Compensator (STATCOM) Segment by Type
1.2.1 Global Static Synchronous Compensator (STATCOM) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Voltage STATCOM
1.2.3 Low Voltage STATCOM
1.3 Static Synchronous Compensator (STATCOM) Segment by Application
1.3.1 Global Static Synchronous Compensator (STATCOM) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electric Utilities
1.3.3 Renewable Energy
1.3.4 Industrial & Manufacturing
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Static Synchronous Compensator (STATCOM) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Static Synchronous Compensator (STATCOM) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Static Synchronous Compensator (STATCOM) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Static Synchronous Compensator (STATCOM) Production Market Share by Manufacturers (2019-2024)
2.2 Global Static Synchronous Compensator (STATCOM) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Static Synchronous Compensator (STATCOM), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Static Synchronous Compensator (STATCOM) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Static Synchronous Compensator (STATCOM) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Static Synchronous Compensator (STATCOM), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Static Synchronous Compensator (STATCOM), Product Offered and Application
2.8 Global Key Manufacturers of Static Synchronous Compensator (STATCOM), Date of Enter into This Industry
2.9 Static Synchronous Compensator (STATCOM) Market Competitive Situation and Trends
2.9.1 Static Synchronous Compensator (STATCOM) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Static Synchronous Compensator (STATCOM) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Static Synchronous Compensator (STATCOM) Production by Region
3.1 Global Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Static Synchronous Compensator (STATCOM) Production Value by Region (2019-2030)
3.2.1 Global Static Synchronous Compensator (STATCOM) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Static Synchronous Compensator (STATCOM) by Region (2025-2030)
3.3 Global Static Synchronous Compensator (STATCOM) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Static Synchronous Compensator (STATCOM) Production by Region (2019-2030)
3.4.1 Global Static Synchronous Compensator (STATCOM) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Static Synchronous Compensator (STATCOM) by Region (2025-2030)
3.5 Global Static Synchronous Compensator (STATCOM) Market Price Analysis by Region (2019-2024)
3.6 Global Static Synchronous Compensator (STATCOM) Production and Value, Year-over-Year Growth
3.6.1 China Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts (2019-2030)
3.6.3 North America Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Static Synchronous Compensator (STATCOM) Production Value Estimates and Forecasts (2019-2030)
4 Static Synchronous Compensator (STATCOM) Consumption by Region
4.1 Global Static Synchronous Compensator (STATCOM) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Static Synchronous Compensator (STATCOM) Consumption by Region (2019-2030)
4.2.1 Global Static Synchronous Compensator (STATCOM) Consumption by Region (2019-2024)
4.2.2 Global Static Synchronous Compensator (STATCOM) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Static Synchronous Compensator (STATCOM) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Static Synchronous Compensator (STATCOM) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Static Synchronous Compensator (STATCOM) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Static Synchronous Compensator (STATCOM) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Static Synchronous Compensator (STATCOM) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Static Synchronous Compensator (STATCOM) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Static Synchronous Compensator (STATCOM) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Static Synchronous Compensator (STATCOM) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Static Synchronous Compensator (STATCOM) Production by Type (2019-2030)
5.1.1 Global Static Synchronous Compensator (STATCOM) Production by Type (2019-2024)
5.1.2 Global Static Synchronous Compensator (STATCOM) Production by Type (2025-2030)
5.1.3 Global Static Synchronous Compensator (STATCOM) Production Market Share by Type (2019-2030)
5.2 Global Static Synchronous Compensator (STATCOM) Production Value by Type (2019-2030)
5.2.1 Global Static Synchronous Compensator (STATCOM) Production Value by Type (2019-2024)
5.2.2 Global Static Synchronous Compensator (STATCOM) Production Value by Type (2025-2030)
5.2.3 Global Static Synchronous Compensator (STATCOM) Production Value Market Share by Type (2019-2030)
5.3 Global Static Synchronous Compensator (STATCOM) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Static Synchronous Compensator (STATCOM) Production by Application (2019-2030)
6.1.1 Global Static Synchronous Compensator (STATCOM) Production by Application (2019-2024)
6.1.2 Global Static Synchronous Compensator (STATCOM) Production by Application (2025-2030)
6.1.3 Global Static Synchronous Compensator (STATCOM) Production Market Share by Application (2019-2030)
6.2 Global Static Synchronous Compensator (STATCOM) Production Value by Application (2019-2030)
6.2.1 Global Static Synchronous Compensator (STATCOM) Production Value by Application (2019-2024)
6.2.2 Global Static Synchronous Compensator (STATCOM) Production Value by Application (2025-2030)
6.2.3 Global Static Synchronous Compensator (STATCOM) Production Value Market Share by Application (2019-2030)
6.3 Global Static Synchronous Compensator (STATCOM) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi, Ltd.
7.1.1 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.1.2 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.1.3 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi, Ltd. Main Business and Markets Served
7.1.5 Hitachi, Ltd. Recent Developments/Updates
7.2 Siemens Aktiengesellschaft
7.2.1 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Corporation Information
7.2.2 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Product Portfolio
7.2.3 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Aktiengesellschaft Main Business and Markets Served
7.2.5 Siemens Aktiengesellschaft Recent Developments/Updates
7.3 Windsun Science Technology Co., Ltd.
7.3.1 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.3.2 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.3.3 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Windsun Science Technology Co., Ltd. Main Business and Markets Served
7.3.5 Windsun Science Technology Co., Ltd. Recent Developments/Updates
7.4 Liaoning Rongxin Xingye Power Technology Co., Ltd.
7.4.1 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.4.2 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.4.3 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Liaoning Rongxin Xingye Power Technology Co., Ltd. Main Business and Markets Served
7.4.5 Liaoning Rongxin Xingye Power Technology Co., Ltd. Recent Developments/Updates
7.5 Sieyuan Electric Co., Ltd.
7.5.1 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.5.2 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.5.3 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sieyuan Electric Co., Ltd. Main Business and Markets Served
7.5.5 Sieyuan Electric Co., Ltd. Recent Developments/Updates
7.6 TBEA Co., Ltd.
7.6.1 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.6.2 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.6.3 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 TBEA Co., Ltd. Main Business and Markets Served
7.6.5 TBEA Co., Ltd. Recent Developments/Updates
7.7 Mitsubishi Electric Corporation
7.7.1 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Corporation Information
7.7.2 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Product Portfolio
7.7.3 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Mitsubishi Electric Corporation Main Business and Markets Served
7.7.5 Mitsubishi Electric Corporation Recent Developments/Updates
7.8 General Electric
7.8.1 General Electric Static Synchronous Compensator (STATCOM) Corporation Information
7.8.2 General Electric Static Synchronous Compensator (STATCOM) Product Portfolio
7.8.3 General Electric Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 General Electric Main Business and Markets Served
7.7.5 General Electric Recent Developments/Updates
7.9 Nari Technology Co., Ltd.
7.9.1 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.9.2 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.9.3 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nari Technology Co., Ltd. Main Business and Markets Served
7.9.5 Nari Technology Co., Ltd. Recent Developments/Updates
7.10 Shandong Taikai Power Electronic Co., Ltd.
7.10.1 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.10.2 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.10.3 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shandong Taikai Power Electronic Co., Ltd. Main Business and Markets Served
7.10.5 Shandong Taikai Power Electronic Co., Ltd. Recent Developments/Updates
7.11 Shenzhen Hopewind Electric Co., Ltd.
7.11.1 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.11.2 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.11.3 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shenzhen Hopewind Electric Co., Ltd. Main Business and Markets Served
7.11.5 Shenzhen Hopewind Electric Co., Ltd. Recent Developments/Updates
7.12 American Superconductor Corporation
7.12.1 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Corporation Information
7.12.2 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Product Portfolio
7.12.3 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 American Superconductor Corporation Main Business and Markets Served
7.12.5 American Superconductor Corporation Recent Developments/Updates
7.13 Ingeteam Inc.
7.13.1 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Corporation Information
7.13.2 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Product Portfolio
7.13.3 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Ingeteam Inc. Main Business and Markets Served
7.13.5 Ingeteam Inc. Recent Developments/Updates
7.14 Beijing In-power Electric Co., Ltd.
7.14.1 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Corporation Information
7.14.2 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
7.14.3 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Beijing In-power Electric Co., Ltd. Main Business and Markets Served
7.14.5 Beijing In-power Electric Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Static Synchronous Compensator (STATCOM) Industry Chain Analysis
8.2 Static Synchronous Compensator (STATCOM) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Static Synchronous Compensator (STATCOM) Production Mode & Process
8.4 Static Synchronous Compensator (STATCOM) Sales and Marketing
8.4.1 Static Synchronous Compensator (STATCOM) Sales Channels
8.4.2 Static Synchronous Compensator (STATCOM) Distributors
8.5 Static Synchronous Compensator (STATCOM) Customers
9 Static Synchronous Compensator (STATCOM) Market Dynamics
9.1 Static Synchronous Compensator (STATCOM) Industry Trends
9.2 Static Synchronous Compensator (STATCOM) Market Drivers
9.3 Static Synchronous Compensator (STATCOM) Market Challenges
9.4 Static Synchronous Compensator (STATCOM) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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