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Global Synchronous Condensers for Renewable Energy Market Research Report 2024

Global Synchronous Condensers for Renewable Energy Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1894309

No of Pages : 101

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. Synchronous condensers are being used on a range of sites including on solar and wind farms around the world. There is no spinning inertia on solar farms and in wind turbines. If there’s a problem in the network then there are often difficulties in adapting and counteracting that change. That’s because they are interfaced by power electronics which have limits on how much current they can provide. If there is a change in the network, synchronous condensers can respond and counteract it in a very controlled way. That’s why solar and wind farms need this type of system strength to function properly.
The global Synchronous Condensers for Renewable Energy market was valued at US$ 824 million in 2023 and is anticipated to reach US$ 1665.7 million by 2030, witnessing a CAGR of 10.3% during the forecast period 2024-2030.
North American market for Synchronous Condensers for Renewable Energy is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Synchronous Condensers for Renewable Energy is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Synchronous Condensers for Renewable Energy include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power Technology, Sieyuan Electric, ABB Group, Mitsubishi Electric, General Electric and Nari Technology, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Synchronous Condensers for Renewable Energy, 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 Condensers for Renewable Energy.
Report Scope
The Synchronous Condensers for Renewable Energy market size, estimations, and forecasts are provided in terms of output/shipments (K Units) 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 Condensers for Renewable Energy 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 Condensers for Renewable Energy 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
Siemens
Windsun Science Technology
Liaoning Rongxin Xingye Power Technology
Sieyuan Electric
ABB Group
Mitsubishi Electric
General Electric
Nari Technology
Shandong Taikai Power Electronic
Shenzhen Hopewind Electric
American Superconductor
Ingeteam
Beijing In-power Electric
Segment by Type
High Voltage
Low Voltage
Segment by Application
Solar
Wind
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
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 Synchronous Condensers for Renewable Energy manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchronous Condensers for Renewable Energy 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 Condensers for Renewable Energy 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 Condensers for Renewable Energy Market Overview
1.1 Product Definition
1.2 Synchronous Condensers for Renewable Energy Segment by Type
1.2.1 Global Synchronous Condensers for Renewable Energy Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Voltage
1.2.3 Low Voltage
1.3 Synchronous Condensers for Renewable Energy Segment by Application
1.3.1 Global Synchronous Condensers for Renewable Energy Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Solar
1.3.3 Wind
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Synchronous Condensers for Renewable Energy Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Synchronous Condensers for Renewable Energy Production Estimates and Forecasts (2019-2030)
1.4.4 Global Synchronous Condensers for Renewable Energy Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synchronous Condensers for Renewable Energy Production Market Share by Manufacturers (2019-2024)
2.2 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Synchronous Condensers for Renewable Energy, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Synchronous Condensers for Renewable Energy Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Synchronous Condensers for Renewable Energy Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Product Offered and Application
2.8 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Date of Enter into This Industry
2.9 Synchronous Condensers for Renewable Energy Market Competitive Situation and Trends
2.9.1 Synchronous Condensers for Renewable Energy Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synchronous Condensers for Renewable Energy Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synchronous Condensers for Renewable Energy Production by Region
3.1 Global Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Synchronous Condensers for Renewable Energy Production Value by Region (2019-2030)
3.2.1 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Synchronous Condensers for Renewable Energy by Region (2025-2030)
3.3 Global Synchronous Condensers for Renewable Energy Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Synchronous Condensers for Renewable Energy Production by Region (2019-2030)
3.4.1 Global Synchronous Condensers for Renewable Energy Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Synchronous Condensers for Renewable Energy by Region (2025-2030)
3.5 Global Synchronous Condensers for Renewable Energy Market Price Analysis by Region (2019-2024)
3.6 Global Synchronous Condensers for Renewable Energy Production and Value, Year-over-Year Growth
3.6.1 North America Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2019-2030)
4 Synchronous Condensers for Renewable Energy Consumption by Region
4.1 Global Synchronous Condensers for Renewable Energy Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Synchronous Condensers for Renewable Energy Consumption by Region (2019-2030)
4.2.1 Global Synchronous Condensers for Renewable Energy Consumption by Region (2019-2024)
4.2.2 Global Synchronous Condensers for Renewable Energy Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Synchronous Condensers for Renewable Energy Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Synchronous Condensers for Renewable Energy 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 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Synchronous Condensers for Renewable Energy Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Synchronous Condensers for Renewable Energy 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 Condensers for Renewable Energy Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Synchronous Condensers for Renewable Energy Production by Type (2019-2030)
5.1.1 Global Synchronous Condensers for Renewable Energy Production by Type (2019-2024)
5.1.2 Global Synchronous Condensers for Renewable Energy Production by Type (2025-2030)
5.1.3 Global Synchronous Condensers for Renewable Energy Production Market Share by Type (2019-2030)
5.2 Global Synchronous Condensers for Renewable Energy Production Value by Type (2019-2030)
5.2.1 Global Synchronous Condensers for Renewable Energy Production Value by Type (2019-2024)
5.2.2 Global Synchronous Condensers for Renewable Energy Production Value by Type (2025-2030)
5.2.3 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Type (2019-2030)
5.3 Global Synchronous Condensers for Renewable Energy Price by Type (2019-2030)
6 Segment by Application
6.1 Global Synchronous Condensers for Renewable Energy Production by Application (2019-2030)
6.1.1 Global Synchronous Condensers for Renewable Energy Production by Application (2019-2024)
6.1.2 Global Synchronous Condensers for Renewable Energy Production by Application (2025-2030)
6.1.3 Global Synchronous Condensers for Renewable Energy Production Market Share by Application (2019-2030)
6.2 Global Synchronous Condensers for Renewable Energy Production Value by Application (2019-2030)
6.2.1 Global Synchronous Condensers for Renewable Energy Production Value by Application (2019-2024)
6.2.2 Global Synchronous Condensers for Renewable Energy Production Value by Application (2025-2030)
6.2.3 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Application (2019-2030)
6.3 Global Synchronous Condensers for Renewable Energy Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi
7.1.1 Hitachi Synchronous Condensers for Renewable Energy Corporation Information
7.1.2 Hitachi Synchronous Condensers for Renewable Energy Product Portfolio
7.1.3 Hitachi Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi Main Business and Markets Served
7.1.5 Hitachi Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Synchronous Condensers for Renewable Energy Corporation Information
7.2.2 Siemens Synchronous Condensers for Renewable Energy Product Portfolio
7.2.3 Siemens Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Windsun Science Technology
7.3.1 Windsun Science Technology Synchronous Condensers for Renewable Energy Corporation Information
7.3.2 Windsun Science Technology Synchronous Condensers for Renewable Energy Product Portfolio
7.3.3 Windsun Science Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Windsun Science Technology Main Business and Markets Served
7.3.5 Windsun Science Technology Recent Developments/Updates
7.4 Liaoning Rongxin Xingye Power Technology
7.4.1 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Corporation Information
7.4.2 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Product Portfolio
7.4.3 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Liaoning Rongxin Xingye Power Technology Main Business and Markets Served
7.4.5 Liaoning Rongxin Xingye Power Technology Recent Developments/Updates
7.5 Sieyuan Electric
7.5.1 Sieyuan Electric Synchronous Condensers for Renewable Energy Corporation Information
7.5.2 Sieyuan Electric Synchronous Condensers for Renewable Energy Product Portfolio
7.5.3 Sieyuan Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sieyuan Electric Main Business and Markets Served
7.5.5 Sieyuan Electric Recent Developments/Updates
7.6 ABB Group
7.6.1 ABB Group Synchronous Condensers for Renewable Energy Corporation Information
7.6.2 ABB Group Synchronous Condensers for Renewable Energy Product Portfolio
7.6.3 ABB Group Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.6.4 ABB Group Main Business and Markets Served
7.6.5 ABB Group Recent Developments/Updates
7.7 Mitsubishi Electric
7.7.1 Mitsubishi Electric Synchronous Condensers for Renewable Energy Corporation Information
7.7.2 Mitsubishi Electric Synchronous Condensers for Renewable Energy Product Portfolio
7.7.3 Mitsubishi Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Mitsubishi Electric Main Business and Markets Served
7.7.5 Mitsubishi Electric Recent Developments/Updates
7.8 General Electric
7.8.1 General Electric Synchronous Condensers for Renewable Energy Corporation Information
7.8.2 General Electric Synchronous Condensers for Renewable Energy Product Portfolio
7.8.3 General Electric Synchronous Condensers for Renewable Energy 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
7.9.1 Nari Technology Synchronous Condensers for Renewable Energy Corporation Information
7.9.2 Nari Technology Synchronous Condensers for Renewable Energy Product Portfolio
7.9.3 Nari Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nari Technology Main Business and Markets Served
7.9.5 Nari Technology Recent Developments/Updates
7.10 Shandong Taikai Power Electronic
7.10.1 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Corporation Information
7.10.2 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Product Portfolio
7.10.3 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shandong Taikai Power Electronic Main Business and Markets Served
7.10.5 Shandong Taikai Power Electronic Recent Developments/Updates
7.11 Shenzhen Hopewind Electric
7.11.1 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Corporation Information
7.11.2 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Product Portfolio
7.11.3 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shenzhen Hopewind Electric Main Business and Markets Served
7.11.5 Shenzhen Hopewind Electric Recent Developments/Updates
7.12 American Superconductor
7.12.1 American Superconductor Synchronous Condensers for Renewable Energy Corporation Information
7.12.2 American Superconductor Synchronous Condensers for Renewable Energy Product Portfolio
7.12.3 American Superconductor Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.12.4 American Superconductor Main Business and Markets Served
7.12.5 American Superconductor Recent Developments/Updates
7.13 Ingeteam
7.13.1 Ingeteam Synchronous Condensers for Renewable Energy Corporation Information
7.13.2 Ingeteam Synchronous Condensers for Renewable Energy Product Portfolio
7.13.3 Ingeteam Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Ingeteam Main Business and Markets Served
7.13.5 Ingeteam Recent Developments/Updates
7.14 Beijing In-power Electric
7.14.1 Beijing In-power Electric Synchronous Condensers for Renewable Energy Corporation Information
7.14.2 Beijing In-power Electric Synchronous Condensers for Renewable Energy Product Portfolio
7.14.3 Beijing In-power Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Beijing In-power Electric Main Business and Markets Served
7.14.5 Beijing In-power Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synchronous Condensers for Renewable Energy Industry Chain Analysis
8.2 Synchronous Condensers for Renewable Energy Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synchronous Condensers for Renewable Energy Production Mode & Process
8.4 Synchronous Condensers for Renewable Energy Sales and Marketing
8.4.1 Synchronous Condensers for Renewable Energy Sales Channels
8.4.2 Synchronous Condensers for Renewable Energy Distributors
8.5 Synchronous Condensers for Renewable Energy Customers
9 Synchronous Condensers for Renewable Energy Market Dynamics
9.1 Synchronous Condensers for Renewable Energy Industry Trends
9.2 Synchronous Condensers for Renewable Energy Market Drivers
9.3 Synchronous Condensers for Renewable Energy Market Challenges
9.4 Synchronous Condensers for Renewable Energy 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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