Global Static Synchronous Compensator (STATCOM) Industry Research & Trends Analysis Report
According to A Latest intelligence report published by Market IntelliX, the global market for Static Synchronous Compensator (STATCOM) should grow from US$ 857.8 million in 2022 to US$ 1190.5 million by 2029, with a CAGR of 4.6% for the period of 2023-2029.
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.
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.
This report aims to provide a comprehensive study of the global market for Static Synchronous Compensator (STATCOM). Report Highlights:
(1) Global Static Synchronous Compensator (STATCOM) market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Static Synchronous Compensator (STATCOM) market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Static Synchronous Compensator (STATCOM) market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Static Synchronous Compensator (STATCOM) segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Static Synchronous Compensator (STATCOM) segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Static Synchronous Compensator (STATCOM), capacity, production and trends.
(7) Static Synchronous Compensator (STATCOM) industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
High Voltage STATCOM
Low Voltage STATCOM
Market segment by application, can be divided into
Electric Utilities
Renewable Energy
Industrial & Manufacturing
Others
Market segment by players, this report covers
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.
1 Market Overview
1.1 Static Synchronous Compensator (STATCOM) Definition
1.2 Global Static Synchronous Compensator (STATCOM) Market Size and Forecast
1.2.1 By Revenue, Global Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
1.2.2 By Sales Volume, Global Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
1.2.3 Global Static Synchronous Compensator (STATCOM) Price Trend, 2018-2029
1.3 China Static Synchronous Compensator (STATCOM) Market Size and Forecast
1.3.1 By Revenue, China Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
1.3.2 By Sales Volume, China Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
1.3.3 China Static Synchronous Compensator (STATCOM) Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Static Synchronous Compensator (STATCOM) Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Static Synchronous Compensator (STATCOM) Share in Global Market, 2018-2029
1.4.3 Static Synchronous Compensator (STATCOM) Market Size: China VS Global, 2018-2029
1.5 Static Synchronous Compensator (STATCOM) Market Dynamics
1.5.1 Static Synchronous Compensator (STATCOM) Market Drivers
1.5.2 Static Synchronous Compensator (STATCOM) Market Restraints
1.5.3 Static Synchronous Compensator (STATCOM) Industry Trends
1.5.4 Static Synchronous Compensator (STATCOM) Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Static Synchronous Compensator (STATCOM) Revenue by Company, 2018-2023
2.2 Global Static Synchronous Compensator (STATCOM) Sales Volume by Company, 2018-2023
2.3 Global Static Synchronous Compensator (STATCOM) Price by Company, 2018-2023
2.4 Global Static Synchronous Compensator (STATCOM) Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Static Synchronous Compensator (STATCOM) Concentration Ratio
2.6 Global Static Synchronous Compensator (STATCOM) Mergers & Acquisitions, Expansion Plans
2.7 Global Static Synchronous Compensator (STATCOM) Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Static Synchronous Compensator (STATCOM) Revenue by Company, 2018-2023
3.2 China Static Synchronous Compensator (STATCOM) Sales Volume by Company, 2018-2023
3.3 China Static Synchronous Compensator (STATCOM) Static Synchronous Compensator (STATCOM) Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Static Synchronous Compensator (STATCOM) Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Static Synchronous Compensator (STATCOM) Domestic VS Export
3.6 China Market, Static Synchronous Compensator (STATCOM) Import & Export
3.6.1 China Market, Static Synchronous Compensator (STATCOM) Import & Export, 2018-2029
3.6.2 China Static Synchronous Compensator (STATCOM) Import & Export Trends
3.6.3 Main Sources of China Static Synchronous Compensator (STATCOM) Import
3.6.4 Export Destination of China Static Synchronous Compensator (STATCOM)
4 Static Synchronous Compensator (STATCOM) Production by Region
4.1 Global Static Synchronous Compensator (STATCOM) Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Static Synchronous Compensator (STATCOM) Manufacturers
4.3 Global Major Manufacturers, Static Synchronous Compensator (STATCOM) Capacity Expansion and Future Plans
4.4 Global Static Synchronous Compensator (STATCOM) Capacity by Region
4.5 Global Static Synchronous Compensator (STATCOM) Production by Region
4.5.1 Global Static Synchronous Compensator (STATCOM) Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Static Synchronous Compensator (STATCOM) Production by Region, 2018-2023
4.5.3 Global Static Synchronous Compensator (STATCOM) Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Static Synchronous Compensator (STATCOM) Industry Chain
5.2 Static Synchronous Compensator (STATCOM) Upstream Analysis
5.2.1 Static Synchronous Compensator (STATCOM) Core Raw Materials
5.2.2 Main Manufacturers of Static Synchronous Compensator (STATCOM) Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Static Synchronous Compensator (STATCOM) Production Mode
5.6 Static Synchronous Compensator (STATCOM) Procurement Model
5.7 Static Synchronous Compensator (STATCOM) Industry Sales Model and Sales Channels
5.7.1 Static Synchronous Compensator (STATCOM) Sales Model
5.7.2 Static Synchronous Compensator (STATCOM) Typical Distributors
6 Sights by Type
6.1 Static Synchronous Compensator (STATCOM) Classification
6.1.1 High Voltage STATCOM
6.1.2 Low Voltage STATCOM
6.2 By Type, Global Static Synchronous Compensator (STATCOM) Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029
6.4 By Type, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029
6.5 By Type, Global Static Synchronous Compensator (STATCOM) Price, 2018-2029
7 Sights by Application
7.1 Static Synchronous Compensator (STATCOM) Segment by Application
7.1.1 Electric Utilities
7.1.2 Renewable Energy
7.1.3 Industrial & Manufacturing
7.1.4 Others
7.2 By Application, Global Static Synchronous Compensator (STATCOM) Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029
7.4 By Application, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029
7.5 By Application, Global Static Synchronous Compensator (STATCOM) Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Static Synchronous Compensator (STATCOM) Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029
8.3 By Region, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Static Synchronous Compensator (STATCOM) Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Static Synchronous Compensator (STATCOM) Market Size Market Share
8.5 Europe
8.5.1 Europe Static Synchronous Compensator (STATCOM) Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Static Synchronous Compensator (STATCOM) Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Static Synchronous Compensator (STATCOM) Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Static Synchronous Compensator (STATCOM) Market Size Market Share
8.7 South America
8.7.1 South America Static Synchronous Compensator (STATCOM) Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Static Synchronous Compensator (STATCOM) Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Static Synchronous Compensator (STATCOM) Market Size & CAGR，2018 VS 2022 VS 2029
9.2 By Country, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029
9.3 By Country, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.4.2 By Company, U.S. Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.5.2 By Company, Europe Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.5.3 By Type, Europe Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.6.2 By Company, China Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.6.3 By Type, China Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.7.2 By Company, Japan Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.7.3 By Type, Japan Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.8.2 By Company, South Korea Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.10.2 By Company, India Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.10.3 By Type, India Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Static Synchronous Compensator (STATCOM) Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Static Synchronous Compensator (STATCOM) Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 Hitachi, Ltd.
10.1.1 Hitachi, Ltd. Company Information, Head Office, Market Area and Industry Position
10.1.2 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.1.3 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 Hitachi, Ltd. Company Profile and Main Business
10.1.5 Hitachi, Ltd. Recent Developments
10.2 Siemens Aktiengesellschaft
10.2.1 Siemens Aktiengesellschaft Company Information, Head Office, Market Area and Industry Position
10.2.2 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.2.3 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Siemens Aktiengesellschaft Company Profile and Main Business
10.2.5 Siemens Aktiengesellschaft Recent Developments
10.3 Windsun Science Technology Co., Ltd.
10.3.1 Windsun Science Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.3.2 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.3.3 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Windsun Science Technology Co., Ltd. Company Profile and Main Business
10.3.5 Windsun Science Technology Co., Ltd. Recent Developments
10.4 Liaoning Rongxin Xingye Power Technology Co., Ltd.
10.4.1 Liaoning Rongxin Xingye Power Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.4.2 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.4.3 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Liaoning Rongxin Xingye Power Technology Co., Ltd. Company Profile and Main Business
10.4.5 Liaoning Rongxin Xingye Power Technology Co., Ltd. Recent Developments
10.5 Sieyuan Electric Co., Ltd.
10.5.1 Sieyuan Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.5.2 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.5.3 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Sieyuan Electric Co., Ltd. Company Profile and Main Business
10.5.5 Sieyuan Electric Co., Ltd. Recent Developments
10.6 TBEA Co., Ltd.
10.6.1 TBEA Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.6.2 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.6.3 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 TBEA Co., Ltd. Company Profile and Main Business
10.6.5 TBEA Co., Ltd. Recent Developments
10.7 Mitsubishi Electric Corporation
10.7.1 Mitsubishi Electric Corporation Company Information, Head Office, Market Area and Industry Position
10.7.2 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.7.3 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Mitsubishi Electric Corporation Company Profile and Main Business
10.7.5 Mitsubishi Electric Corporation Recent Developments
10.8 General Electric
10.8.1 General Electric Company Information, Head Office, Market Area and Industry Position
10.8.2 General Electric Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.8.3 General Electric Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 General Electric Company Profile and Main Business
10.8.5 General Electric Recent Developments
10.9 Nari Technology Co., Ltd.
10.9.1 Nari Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.9.2 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.9.3 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Nari Technology Co., Ltd. Company Profile and Main Business
10.9.5 Nari Technology Co., Ltd. Recent Developments
10.10 Shandong Taikai Power Electronic Co., Ltd.
10.10.1 Shandong Taikai Power Electronic Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.10.2 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.10.3 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.10.4 Shandong Taikai Power Electronic Co., Ltd. Company Profile and Main Business
10.10.5 Shandong Taikai Power Electronic Co., Ltd. Recent Developments
10.11 Shenzhen Hopewind Electric Co., Ltd.
10.11.1 Shenzhen Hopewind Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.11.2 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.11.3 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.11.4 Shenzhen Hopewind Electric Co., Ltd. Company Profile and Main Business
10.11.5 Shenzhen Hopewind Electric Co., Ltd. Recent Developments
10.12 American Superconductor Corporation
10.12.1 American Superconductor Corporation Company Information, Head Office, Market Area and Industry Position
10.12.2 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.12.3 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.12.4 American Superconductor Corporation Company Profile and Main Business
10.12.5 American Superconductor Corporation Recent Developments
10.13 Ingeteam Inc.
10.13.1 Ingeteam Inc. Company Information, Head Office, Market Area and Industry Position
10.13.2 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.13.3 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.13.4 Ingeteam Inc. Company Profile and Main Business
10.13.5 Ingeteam Inc. Recent Developments
10.14 Beijing In-power Electric Co., Ltd.
10.14.1 Beijing In-power Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.14.2 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
10.14.3 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.14.4 Beijing In-power Electric Co., Ltd. Company Profile and Main Business
10.14.5 Beijing In-power Electric Co., Ltd. Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Table 1. Static Synchronous Compensator (STATCOM) Market Size & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. Static Synchronous Compensator (STATCOM) Market Restraints
Table 3. Static Synchronous Compensator (STATCOM) Market Trends
Table 4. Static Synchronous Compensator (STATCOM) Industry Policy
Table 5. Global Static Synchronous Compensator (STATCOM) Revenue by Company, 2018-2023, US$ million
Table 6. Global Static Synchronous Compensator (STATCOM) Revenue Market Share by Company, 2018-2023
Table 7. Global Static Synchronous Compensator (STATCOM) Sales Volume by Company, 2018-2023, (Mvar)
Table 8. Global Static Synchronous Compensator (STATCOM) Sales Volume Market Share by Company, 2018-2023
Table 9. Global Static Synchronous Compensator (STATCOM) Price by Company, 2018-2023, (US$/Mvar)
Table 10. Global Static Synchronous Compensator (STATCOM) Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Static Synchronous Compensator (STATCOM) Mergers & Acquisitions, Expansion Plans
Table 12. Global Static Synchronous Compensator (STATCOM) Manufacturers Product Type
Table 13. China Static Synchronous Compensator (STATCOM) Revenue by Company, 2018-2023, US$ million
Table 14. China Static Synchronous Compensator (STATCOM) Revenue Market Share by Company, 2018-2023
Table 15. China Static Synchronous Compensator (STATCOM) Sales Volume by Company, 2018-2023, (Mvar)
Table 16. China Static Synchronous Compensator (STATCOM) Sales Volume Market Share by Company, 2018-2023
Table 17. China Market, Static Synchronous Compensator (STATCOM) Production, Sales, Import and Export, 2018-2029, (Mvar)
Table 18. China Static Synchronous Compensator (STATCOM) Import & Export Trends
Table 19. Main Sources of China Static Synchronous Compensator (STATCOM) Import
Table 20. Export Destination of China Static Synchronous Compensator (STATCOM)
Table 21. Global Headquarters and Manufacturing Base of Static Synchronous Compensator (STATCOM) Manufacturers
Table 22. Global Major Manufacturers, Static Synchronous Compensator (STATCOM) Capacity Expansion and Future Plans
Table 23. Global Static Synchronous Compensator (STATCOM) Production & Forecast by Region, 2018 VS 2022 VS 2029, (Mvar)
Table 24. Global Static Synchronous Compensator (STATCOM) Production by Region, 2018-2023, (Mvar)
Table 25. Global Static Synchronous Compensator (STATCOM) Production Forecast by Region, 2023-2029, (Mvar)
Table 26. Global Key Players of Static Synchronous Compensator (STATCOM) Upstream (Raw Materials)
Table 27. Global Static Synchronous Compensator (STATCOM) Typical Customers
Table 28. Static Synchronous Compensator (STATCOM) Typical Distributors
Table 29. By Type, Global Static Synchronous Compensator (STATCOM) Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 30. By Application, Global Static Synchronous Compensator (STATCOM) Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 31. By Region, Global Static Synchronous Compensator (STATCOM) Market Size, 2018 VS 2022 VS 2029, US$ Million
Table 32. By Region, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029, US$ Million
Table 33. By Region, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Table 34. By Country, Global Static Synchronous Compensator (STATCOM) Revenue & CAGR，2018 VS 2022 VS 2029, US$ Million
Table 35. By Country, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029, US$ Million
Table 36. By Country, Global Static Synchronous Compensator (STATCOM) Revenue Market Share, 2018-2029
Table 37. By Country, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Table 38. By Country, Global Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2018-2029
Table 39. Hitachi, Ltd. Company Information, Head Office, Market Area and Industry Position
Table 40. Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 41. Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 42. Hitachi, Ltd. Company Profile and Main Business
Table 43. Hitachi, Ltd. Recent Developments
Table 44. Siemens Aktiengesellschaft Company Information, Head Office, Market Area and Industry Position
Table 45. Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 46. Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 47. Siemens Aktiengesellschaft Company Profile and Main Business
Table 48. Siemens Aktiengesellschaft Recent Developments
Table 49. Windsun Science Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 50. Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 51. Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 52. Windsun Science Technology Co., Ltd. Company Profile and Main Business
Table 53. Windsun Science Technology Co., Ltd. Recent Developments
Table 54. Liaoning Rongxin Xingye Power Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 55. Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 56. Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 57. Liaoning Rongxin Xingye Power Technology Co., Ltd. Company Profile and Main Business
Table 58. Liaoning Rongxin Xingye Power Technology Co., Ltd. Recent Developments
Table 59. Sieyuan Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 60. Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 61. Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 62. Sieyuan Electric Co., Ltd. Company Profile and Main Business
Table 63. Sieyuan Electric Co., Ltd. Recent Developments
Table 64. TBEA Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 65. TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 66. TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 67. TBEA Co., Ltd. Company Profile and Main Business
Table 68. TBEA Co., Ltd. Recent Developments
Table 69. Mitsubishi Electric Corporation Company Information, Head Office, Market Area and Industry Position
Table 70. Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 71. Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 72. Mitsubishi Electric Corporation Company Profile and Main Business
Table 73. Mitsubishi Electric Corporation Recent Developments
Table 74. General Electric Company Information, Head Office, Market Area and Industry Position
Table 75. General Electric Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 76. General Electric Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 77. General Electric Company Profile and Main Business
Table 78. General Electric Recent Developments
Table 79. Nari Technology Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 80. Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 81. Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 82. Nari Technology Co., Ltd. Company Profile and Main Business
Table 83. Nari Technology Co., Ltd. Recent Developments
Table 84. Shandong Taikai Power Electronic Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 85. Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 86. Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 87. Shandong Taikai Power Electronic Co., Ltd. Company Profile and Main Business
Table 88. Shandong Taikai Power Electronic Co., Ltd. Recent Developments
Table 89. Shenzhen Hopewind Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 90. Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 91. Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 92. Shenzhen Hopewind Electric Co., Ltd. Company Profile and Main Business
Table 93. Shenzhen Hopewind Electric Co., Ltd. Recent Developments
Table 94. American Superconductor Corporation Company Information, Head Office, Market Area and Industry Position
Table 95. American Superconductor Corporation Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 96. American Superconductor Corporation Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 97. American Superconductor Corporation Company Profile and Main Business
Table 98. American Superconductor Corporation Recent Developments
Table 99. Ingeteam Inc. Company Information, Head Office, Market Area and Industry Position
Table 100. Ingeteam Inc. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 101. Ingeteam Inc. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 102. Ingeteam Inc. Company Profile and Main Business
Table 103. Ingeteam Inc. Recent Developments
Table 104. Beijing In-power Electric Co., Ltd. Company Information, Head Office, Market Area and Industry Position
Table 105. Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Models, Specifications and Application
Table 106. Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Sales Volume (Mvar), Revenue (US$ Million), Price (US$/Mvar) and Gross Margin, 2018-2023
Table 107. Beijing In-power Electric Co., Ltd. Company Profile and Main Business
Table 108. Beijing In-power Electric Co., Ltd. Recent Developments
List of Figure
Figure 1. Static Synchronous Compensator (STATCOM) Picture
Figure 2. By Revenue, Global Static Synchronous Compensator (STATCOM) Market Size and Forecast, 2018-2029, US$ Million
Figure 3. By Sales Volume, Global Static Synchronous Compensator (STATCOM) Market Size and Forecast, 2018-2029, (Mvar)
Figure 4. Global Static Synchronous Compensator (STATCOM) Price Trend, 2018-2029, (US$/Mvar)
Figure 5. By Revenue, China Static Synchronous Compensator (STATCOM) Market Size and Forecast, 2018-2029, US$ million
Figure 6. By Sales Volume, China Static Synchronous Compensator (STATCOM) Market Size and Forecast, 2018-2029, (Mvar)
Figure 7. China Static Synchronous Compensator (STATCOM) Price Trend, 2018-2029 (US$/Mvar)
Figure 8. By Revenue, China Static Synchronous Compensator (STATCOM) Share of Global Market, 2018-2029
Figure 9. By Sales Volume, China Static Synchronous Compensator (STATCOM) Share of Global Market, 2018-2029
Figure 10. Global Static Synchronous Compensator (STATCOM) Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 11. Global Static Synchronous Compensator (STATCOM) Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2022
Figure 12. China Static Synchronous Compensator (STATCOM) Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 13. China Static Synchronous Compensator (STATCOM) Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 14. China Static Synchronous Compensator (STATCOM) Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023
Figure 15. Chinese Local Players, Proportion of Static Synchronous Compensator (STATCOM) Domestic VS Export, 2022
Figure 16. Global Static Synchronous Compensator (STATCOM) Capacity, Production and Capacity Utilization, 2018-2029
Figure 17. Global Static Synchronous Compensator (STATCOM) Capacity Market Share by Region, 2022 VS 2029
Figure 18. Global Static Synchronous Compensator (STATCOM) Production Market Share & Forecast by Region, 2018-2029
Figure 19. Static Synchronous Compensator (STATCOM) Industry Chain
Figure 20. Static Synchronous Compensator (STATCOM) Procurement Model
Figure 21. Static Synchronous Compensator (STATCOM) Sales Model
Figure 22. Static Synchronous Compensator (STATCOM) Sales Channels, Direct Sales and Distribution
Figure 23. High Voltage STATCOM
Figure 24. Low Voltage STATCOM
Figure 25. By Type, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029, US$ Million
Figure 26. By Type, Global Static Synchronous Compensator (STATCOM) Revenue Market Share, 2018-2029
Figure 27. By Type, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 28. By Type, Global Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2018-2029
Figure 29. By Type, Global Static Synchronous Compensator (STATCOM) Price, 2018-2029, (US$/Mvar)
Figure 30. Electric Utilities
Figure 31. Renewable Energy
Figure 32. Industrial & Manufacturing
Figure 33. Others
Figure 34. By Application, Global Static Synchronous Compensator (STATCOM) Revenue, 2018-2029, US$ Million
Figure 35. By Application, Global Static Synchronous Compensator (STATCOM) Revenue Market Share, 2018-2029
Figure 36. By Application, Global Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 37. By Application, Global Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2018-2029
Figure 38. By Application, Global Static Synchronous Compensator (STATCOM) Price, 2018-2029, (US$/Mvar)
Figure 39. By Region, Global Static Synchronous Compensator (STATCOM) Revenue Market Share, 2018-2029
Figure 40. By Region, Global Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2018-2029
Figure 41. North America Static Synchronous Compensator (STATCOM) Revenue & Forecasts, 2018-2029, US$ Million
Figure 42. By Country, North America Static Synchronous Compensator (STATCOM) Revenue Market Share, 2022
Figure 43. Europe Static Synchronous Compensator (STATCOM) Revenue & Forecasts, 2018-2029, US$ Million
Figure 44. By Country, Europe Static Synchronous Compensator (STATCOM) Revenue Market Share, 2022
Figure 45. Asia Pacific Static Synchronous Compensator (STATCOM) Revenue & Forecasts, 2018-2029, US$ Million
Figure 46. By Country/Region, Asia Pacific Static Synchronous Compensator (STATCOM) Revenue Market Share, 2022
Figure 47. South America Static Synchronous Compensator (STATCOM) Revenue & Forecasts, 2018-2029, US$ Million
Figure 48. By Country, South America Static Synchronous Compensator (STATCOM) Revenue Market Share, 2022
Figure 49. Middle East & Africa Static Synchronous Compensator (STATCOM) Revenue & Forecasts, 2018-2029, US$ Million
Figure 50. U.S. Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 51. By Company, U.S. Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 52. By Type, U.S. Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 53. By Application, U.S. Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 54. Europe Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 55. By Company, Europe Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 56. By Type, Europe Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 57. By Application, Europe Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 58. China Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 59. By Company, China Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 60. By Type, China Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 61. By Application, China Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 62. Japan Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 63. By Company, Japan Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 64. By Type, Japan Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 65. By Application, Japan Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 66. South Korea Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 67. By Company, South Korea Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 68. By Type, South Korea Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 69. By Application, South Korea Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 70. Southeast Asia Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 71. By Company, Southeast Asia Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 72. By Type, Southeast Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 73. By Application, Southeast Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 74. India Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 75. By Company, India Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 76. By Type, India Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 77. By Application, India Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 78. Middle East & Asia Static Synchronous Compensator (STATCOM) Sales Volume, 2018-2029, (Mvar)
Figure 79. By Company, Middle East & Asia Static Synchronous Compensator (STATCOM) Market Share, 2022
Figure 80. By Type, Middle East & Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 81. By Application, Middle East & Asia Static Synchronous Compensator (STATCOM) Sales Volume Market Share, 2022 VS 2029
Figure 82. Research Methodology
Figure 83. Breakdown of Primary Interviews
Figure 84. Bottom-up Approaches
Figure 85. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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