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Global Volt & VAR Systems Market Research Report 2024
Synopsis
The volt-var management solution allows reducing energy losses by minimizing reactive power flows, keeping voltages within the limits and reducing peak power by voltage reduction.
The global Volt & VAR Systems market was valued at US$ 894 million in 2023 and is anticipated to reach US$ 1311.3 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Volt & VAR Systems 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 Volt & VAR Systems 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 Volt & VAR Systems include ABB, Advanced Control Systems, Beckwith Electric, Dominion Voltage, Inc., Eaton (Cooper Power Systems), GE, Gridco Systems, OATI and Open Systems International, 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 Volt & VAR Systems, 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 Volt & VAR Systems.
Report Scope
The Volt & VAR Systems market size, estimations, and forecasts are provided in terms of sales volume (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 Volt & VAR Systems 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 Volt & VAR Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
ABB
Advanced Control Systems
Beckwith Electric
Dominion Voltage, Inc.
Eaton (Cooper Power Systems)
GE
Gridco Systems
OATI
Open Systems International
Schneider Electric
Siemens
Survalent Technology
Utilidata
Varentec
Segment by Type
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Segment by Application
Distribution
Transmission
Generation
Consumption by Region
North America
U.S.
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 Volt & VAR Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Volt & VAR Systems 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
The volt-var management solution allows reducing energy losses by minimizing reactive power flows, keeping voltages within the limits and reducing peak power by voltage reduction.
The global Volt & VAR Systems market was valued at US$ 894 million in 2023 and is anticipated to reach US$ 1311.3 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Volt & VAR Systems 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 Volt & VAR Systems 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 Volt & VAR Systems include ABB, Advanced Control Systems, Beckwith Electric, Dominion Voltage, Inc., Eaton (Cooper Power Systems), GE, Gridco Systems, OATI and Open Systems International, 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 Volt & VAR Systems, 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 Volt & VAR Systems.
Report Scope
The Volt & VAR Systems market size, estimations, and forecasts are provided in terms of sales volume (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 Volt & VAR Systems 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 Volt & VAR Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
ABB
Advanced Control Systems
Beckwith Electric
Dominion Voltage, Inc.
Eaton (Cooper Power Systems)
GE
Gridco Systems
OATI
Open Systems International
Schneider Electric
Siemens
Survalent Technology
Utilidata
Varentec
Segment by Type
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Segment by Application
Distribution
Transmission
Generation
Consumption by Region
North America
U.S.
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 Volt & VAR Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Volt & VAR Systems 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Volt & VAR Systems Market Overview
1.1 Product Overview and Scope of Volt & VAR Systems
1.2 Volt & VAR Systems Segment by Type
1.2.1 Global Volt & VAR Systems Market Value Comparison by Type (2024-2030)
1.2.2 Volt/VAR Control
1.2.3 Distribution Voltage Optimization
1.2.4 Conservation Voltage Reduction
1.2.5 Distribution Volt/VAR Control
1.2.6 Others
1.3 Volt & VAR Systems Segment by Application
1.3.1 Global Volt & VAR Systems Market Value by Application: (2024-2030)
1.3.2 Distribution
1.3.3 Transmission
1.3.4 Generation
1.4 Global Volt & VAR Systems Market Size Estimates and Forecasts
1.4.1 Global Volt & VAR Systems Revenue 2019-2030
1.4.2 Global Volt & VAR Systems Sales 2019-2030
1.4.3 Global Volt & VAR Systems Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Volt & VAR Systems Market Competition by Manufacturers
2.1 Global Volt & VAR Systems Sales Market Share by Manufacturers (2019-2024)
2.2 Global Volt & VAR Systems Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Volt & VAR Systems Average Price by Manufacturers (2019-2024)
2.4 Global Volt & VAR Systems Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Volt & VAR Systems, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Volt & VAR Systems, Product Type & Application
2.7 Volt & VAR Systems Market Competitive Situation and Trends
2.7.1 Volt & VAR Systems Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Volt & VAR Systems Players Market Share by Revenue
2.7.3 Global Volt & VAR Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Volt & VAR Systems Retrospective Market Scenario by Region
3.1 Global Volt & VAR Systems Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Volt & VAR Systems Global Volt & VAR Systems Sales by Region: 2019-2030
3.2.1 Global Volt & VAR Systems Sales by Region: 2019-2024
3.2.2 Global Volt & VAR Systems Sales by Region: 2025-2030
3.3 Global Volt & VAR Systems Global Volt & VAR Systems Revenue by Region: 2019-2030
3.3.1 Global Volt & VAR Systems Revenue by Region: 2019-2024
3.3.2 Global Volt & VAR Systems Revenue by Region: 2025-2030
3.4 North America Volt & VAR Systems Market Facts & Figures by Country
3.4.1 North America Volt & VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Volt & VAR Systems Sales by Country (2019-2030)
3.4.3 North America Volt & VAR Systems Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Volt & VAR Systems Market Facts & Figures by Country
3.5.1 Europe Volt & VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Volt & VAR Systems Sales by Country (2019-2030)
3.5.3 Europe Volt & VAR Systems Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Volt & VAR Systems Market Facts & Figures by Country
3.6.1 Asia Pacific Volt & VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Volt & VAR Systems Sales by Country (2019-2030)
3.6.3 Asia Pacific Volt & VAR Systems Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Volt & VAR Systems Market Facts & Figures by Country
3.7.1 Latin America Volt & VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Volt & VAR Systems Sales by Country (2019-2030)
3.7.3 Latin America Volt & VAR Systems Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Volt & VAR Systems Market Facts & Figures by Country
3.8.1 Middle East and Africa Volt & VAR Systems Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Volt & VAR Systems Sales by Country (2019-2030)
3.8.3 Middle East and Africa Volt & VAR Systems Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Volt & VAR Systems Sales by Type (2019-2030)
4.1.1 Global Volt & VAR Systems Sales by Type (2019-2024)
4.1.2 Global Volt & VAR Systems Sales by Type (2025-2030)
4.1.3 Global Volt & VAR Systems Sales Market Share by Type (2019-2030)
4.2 Global Volt & VAR Systems Revenue by Type (2019-2030)
4.2.1 Global Volt & VAR Systems Revenue by Type (2019-2024)
4.2.2 Global Volt & VAR Systems Revenue by Type (2025-2030)
4.2.3 Global Volt & VAR Systems Revenue Market Share by Type (2019-2030)
4.3 Global Volt & VAR Systems Price by Type (2019-2030)
5 Segment by Application
5.1 Global Volt & VAR Systems Sales by Application (2019-2030)
5.1.1 Global Volt & VAR Systems Sales by Application (2019-2024)
5.1.2 Global Volt & VAR Systems Sales by Application (2025-2030)
5.1.3 Global Volt & VAR Systems Sales Market Share by Application (2019-2030)
5.2 Global Volt & VAR Systems Revenue by Application (2019-2030)
5.2.1 Global Volt & VAR Systems Revenue by Application (2019-2024)
5.2.2 Global Volt & VAR Systems Revenue by Application (2025-2030)
5.2.3 Global Volt & VAR Systems Revenue Market Share by Application (2019-2030)
5.3 Global Volt & VAR Systems Price by Application (2019-2030)
6 Key Companies Profiled
6.1 ABB
6.1.1 ABB Corporation Information
6.1.2 ABB Description and Business Overview
6.1.3 ABB Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.1.4 ABB Volt & VAR Systems Product Portfolio
6.1.5 ABB Recent Developments/Updates
6.2 Advanced Control Systems
6.2.1 Advanced Control Systems Corporation Information
6.2.2 Advanced Control Systems Description and Business Overview
6.2.3 Advanced Control Systems Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Advanced Control Systems Volt & VAR Systems Product Portfolio
6.2.5 Advanced Control Systems Recent Developments/Updates
6.3 Beckwith Electric
6.3.1 Beckwith Electric Corporation Information
6.3.2 Beckwith Electric Description and Business Overview
6.3.3 Beckwith Electric Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Beckwith Electric Volt & VAR Systems Product Portfolio
6.3.5 Beckwith Electric Recent Developments/Updates
6.4 Dominion Voltage, Inc.
6.4.1 Dominion Voltage, Inc. Corporation Information
6.4.2 Dominion Voltage, Inc. Description and Business Overview
6.4.3 Dominion Voltage, Inc. Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Dominion Voltage, Inc. Volt & VAR Systems Product Portfolio
6.4.5 Dominion Voltage, Inc. Recent Developments/Updates
6.5 Eaton (Cooper Power Systems)
6.5.1 Eaton (Cooper Power Systems) Corporation Information
6.5.2 Eaton (Cooper Power Systems) Description and Business Overview
6.5.3 Eaton (Cooper Power Systems) Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Eaton (Cooper Power Systems) Volt & VAR Systems Product Portfolio
6.5.5 Eaton (Cooper Power Systems) Recent Developments/Updates
6.6 GE
6.6.1 GE Corporation Information
6.6.2 GE Description and Business Overview
6.6.3 GE Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.6.4 GE Volt & VAR Systems Product Portfolio
6.6.5 GE Recent Developments/Updates
6.7 Gridco Systems
6.6.1 Gridco Systems Corporation Information
6.6.2 Gridco Systems Description and Business Overview
6.6.3 Gridco Systems Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Gridco Systems Volt & VAR Systems Product Portfolio
6.7.5 Gridco Systems Recent Developments/Updates
6.8 OATI
6.8.1 OATI Corporation Information
6.8.2 OATI Description and Business Overview
6.8.3 OATI Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.8.4 OATI Volt & VAR Systems Product Portfolio
6.8.5 OATI Recent Developments/Updates
6.9 Open Systems International
6.9.1 Open Systems International Corporation Information
6.9.2 Open Systems International Description and Business Overview
6.9.3 Open Systems International Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Open Systems International Volt & VAR Systems Product Portfolio
6.9.5 Open Systems International Recent Developments/Updates
6.10 Schneider Electric
6.10.1 Schneider Electric Corporation Information
6.10.2 Schneider Electric Description and Business Overview
6.10.3 Schneider Electric Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Schneider Electric Volt & VAR Systems Product Portfolio
6.10.5 Schneider Electric Recent Developments/Updates
6.11 Siemens
6.11.1 Siemens Corporation Information
6.11.2 Siemens Volt & VAR Systems Description and Business Overview
6.11.3 Siemens Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Siemens Volt & VAR Systems Product Portfolio
6.11.5 Siemens Recent Developments/Updates
6.12 Survalent Technology
6.12.1 Survalent Technology Corporation Information
6.12.2 Survalent Technology Volt & VAR Systems Description and Business Overview
6.12.3 Survalent Technology Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Survalent Technology Volt & VAR Systems Product Portfolio
6.12.5 Survalent Technology Recent Developments/Updates
6.13 Utilidata
6.13.1 Utilidata Corporation Information
6.13.2 Utilidata Volt & VAR Systems Description and Business Overview
6.13.3 Utilidata Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Utilidata Volt & VAR Systems Product Portfolio
6.13.5 Utilidata Recent Developments/Updates
6.14 Varentec
6.14.1 Varentec Corporation Information
6.14.2 Varentec Volt & VAR Systems Description and Business Overview
6.14.3 Varentec Volt & VAR Systems Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Varentec Volt & VAR Systems Product Portfolio
6.14.5 Varentec Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Volt & VAR Systems Industry Chain Analysis
7.2 Volt & VAR Systems Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Volt & VAR Systems Production Mode & Process
7.4 Volt & VAR Systems Sales and Marketing
7.4.1 Volt & VAR Systems Sales Channels
7.4.2 Volt & VAR Systems Distributors
7.5 Volt & VAR Systems Customers
8 Volt & VAR Systems Market Dynamics
8.1 Volt & VAR Systems Industry Trends
8.2 Volt & VAR Systems Market Drivers
8.3 Volt & VAR Systems Market Challenges
8.4 Volt & VAR Systems Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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