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Global Synchronous Condenser Market Research Report 2024

Global Synchronous Condenser Market Research Report 2024

Publishing Date : Jan, 2024

License Type :

Report Code : 1410646

No of Pages : 86

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Report Description
Table of Content

Synopsis

In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.

Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid. Its field is controlled by a voltage regulator to either generate or absorb reactive power as needed to adjust the grid's voltage, or to improve power factor. The condenser’s installation and operation are identical to large electric motors and generators.

The global Synchronous Condenser market was valued at US$ 169.2 million in 2023 and is anticipated to reach US$ 217.4 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.

The industry's leading manufacturers are Siemens, Shanghai Electric and Dongfang Electric, which accounted for 16 percent, 27 percent and 26 percent of revenues respectively in 2019.

This report aims to provide a comprehensive presentation of the global market for Synchronous Condenser, 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 Synchronous Condenser.

Report Scope

The Synchronous Condenser market size, estimations, and forecasts are provided in terms of output/shipments (M Var) 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 Synchronous Condenser 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 Synchronous Condenser 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(Partial List)

Siemens
GE
Voith
WEG
Ansaldo Energia
Shanghai Electric
Dongfang Electric
Harbin Electric

Segment by Type

Below 100 M Var
100-200 M Var
Above 200 M Var

Segment by Application

Transmission System Strength
HVDC Link Support
New Energy
Others

Production by Region

North America
Europe
China
Japan

Consumption by Region

North America (United States, Canada)
Europe (Germany, France, U.K., Italy, Russia)
Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
Latin America (Mexico, Brazil, Argentina)
Middle East & Africa (Turkey, Saudi Arabia, UAE)

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 Synchronous Condenser manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchronous Condenser 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 Synchronous Condenser 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 Synchronous Condenser Market Overview
1.1 Product Definition
1.2 Synchronous Condenser Segment by Type
1.2.1 Global Synchronous Condenser Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Below 100 M Var
1.2.3 100-200 M Var
1.2.4 Above 200 M Var
1.3 Synchronous Condenser Segment by Application
1.3.1 Global Synchronous Condenser Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Transmission System Strength
1.3.3 HVDC Link Support
1.3.4 New Energy
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Synchronous Condenser Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Synchronous Condenser Production Estimates and Forecasts (2019-2030)
1.4.4 Global Synchronous Condenser Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synchronous Condenser Production Market Share by Manufacturers (2019-2024)
2.2 Global Synchronous Condenser Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Synchronous Condenser, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Synchronous Condenser Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Synchronous Condenser Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Synchronous Condenser, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synchronous Condenser, Product Offered and Application
2.8 Global Key Manufacturers of Synchronous Condenser, Date of Enter into This Industry
2.9 Synchronous Condenser Market Competitive Situation and Trends
2.9.1 Synchronous Condenser Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synchronous Condenser Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synchronous Condenser Production by Region
3.1 Global Synchronous Condenser Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Synchronous Condenser Production Value by Region (2019-2030)
3.2.1 Global Synchronous Condenser Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Synchronous Condenser by Region (2025-2030)
3.3 Global Synchronous Condenser Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Synchronous Condenser Production by Region (2019-2030)
3.4.1 Global Synchronous Condenser Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Synchronous Condenser by Region (2025-2030)
3.5 Global Synchronous Condenser Market Price Analysis by Region (2019-2024)
3.6 Global Synchronous Condenser Production and Value, Year-over-Year Growth
3.6.1 North America Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Synchronous Condenser Production Value Estimates and Forecasts (2019-2030)
4 Synchronous Condenser Consumption by Region
4.1 Global Synchronous Condenser Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Synchronous Condenser Consumption by Region (2019-2030)
4.2.1 Global Synchronous Condenser Consumption by Region (2019-2024)
4.2.2 Global Synchronous Condenser Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Synchronous Condenser Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Synchronous Condenser 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 Synchronous Condenser Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Synchronous Condenser 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 Synchronous Condenser Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Synchronous Condenser Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Synchronous Condenser Production by Type (2019-2030)
5.1.1 Global Synchronous Condenser Production by Type (2019-2024)
5.1.2 Global Synchronous Condenser Production by Type (2025-2030)
5.1.3 Global Synchronous Condenser Production Market Share by Type (2019-2030)
5.2 Global Synchronous Condenser Production Value by Type (2019-2030)
5.2.1 Global Synchronous Condenser Production Value by Type (2019-2024)
5.2.2 Global Synchronous Condenser Production Value by Type (2025-2030)
5.2.3 Global Synchronous Condenser Production Value Market Share by Type (2019-2030)
5.3 Global Synchronous Condenser Price by Type (2019-2030)
6 Segment by Application
6.1 Global Synchronous Condenser Production by Application (2019-2030)
6.1.1 Global Synchronous Condenser Production by Application (2019-2024)
6.1.2 Global Synchronous Condenser Production by Application (2025-2030)
6.1.3 Global Synchronous Condenser Production Market Share by Application (2019-2030)
6.2 Global Synchronous Condenser Production Value by Application (2019-2030)
6.2.1 Global Synchronous Condenser Production Value by Application (2019-2024)
6.2.2 Global Synchronous Condenser Production Value by Application (2025-2030)
6.2.3 Global Synchronous Condenser Production Value Market Share by Application (2019-2030)
6.3 Global Synchronous Condenser Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens Synchronous Condenser Corporation Information
7.1.2 Siemens Synchronous Condenser Product Portfolio
7.1.3 Siemens Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 GE
7.2.1 GE Synchronous Condenser Corporation Information
7.2.2 GE Synchronous Condenser Product Portfolio
7.2.3 GE Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Voith
7.3.1 Voith Synchronous Condenser Corporation Information
7.3.2 Voith Synchronous Condenser Product Portfolio
7.3.3 Voith Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Voith Main Business and Markets Served
7.3.5 Voith Recent Developments/Updates
7.4 WEG
7.4.1 WEG Synchronous Condenser Corporation Information
7.4.2 WEG Synchronous Condenser Product Portfolio
7.4.3 WEG Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.4.4 WEG Main Business and Markets Served
7.4.5 WEG Recent Developments/Updates
7.5 Ansaldo Energia
7.5.1 Ansaldo Energia Synchronous Condenser Corporation Information
7.5.2 Ansaldo Energia Synchronous Condenser Product Portfolio
7.5.3 Ansaldo Energia Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ansaldo Energia Main Business and Markets Served
7.5.5 Ansaldo Energia Recent Developments/Updates
7.6 Shanghai Electric
7.6.1 Shanghai Electric Synchronous Condenser Corporation Information
7.6.2 Shanghai Electric Synchronous Condenser Product Portfolio
7.6.3 Shanghai Electric Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shanghai Electric Main Business and Markets Served
7.6.5 Shanghai Electric Recent Developments/Updates
7.7 Dongfang Electric
7.7.1 Dongfang Electric Synchronous Condenser Corporation Information
7.7.2 Dongfang Electric Synchronous Condenser Product Portfolio
7.7.3 Dongfang Electric Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Dongfang Electric Main Business and Markets Served
7.7.5 Dongfang Electric Recent Developments/Updates
7.8 Harbin Electric
7.8.1 Harbin Electric Synchronous Condenser Corporation Information
7.8.2 Harbin Electric Synchronous Condenser Product Portfolio
7.8.3 Harbin Electric Synchronous Condenser Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Harbin Electric Main Business and Markets Served
7.7.5 Harbin Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synchronous Condenser Industry Chain Analysis
8.2 Synchronous Condenser Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synchronous Condenser Production Mode & Process
8.4 Synchronous Condenser Sales and Marketing
8.4.1 Synchronous Condenser Sales Channels
8.4.2 Synchronous Condenser Distributors
8.5 Synchronous Condenser Customers
9 Synchronous Condenser Market Dynamics
9.1 Synchronous Condenser Industry Trends
9.2 Synchronous Condenser Market Drivers
9.3 Synchronous Condenser Market Challenges
9.4 Synchronous Condenser 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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