The synchronous condenser market was valued at US$ 507.64 million in 2019 and is projected to reach US$ 580.28 million by 2027; it is expected to grow at a CAGR of 2.6% from 2020 to 2027.
By continuously generating/absorbing adjustable reactive power, enhanced short-circuit strength, and frequency stability by providing synchronous inertia, the system provides improved voltage regulation and stability. The goal is not to transform electricity into mechanical power or vice versa, but to use the reactive power control capabilities of the machines and synchronous inertia. Since the Industrial Revolution, the energy production of most countries around the world has been dominated by fossil fuels. This has created serious consequences for the global environment and for human health. Three-quarters of global greenhouse gas emissions derive from the burning of fossil fuels for energy. Fossil fuels are responsible for large levels of local air pollution that causes health problems, leading to at least 5 million premature deaths each year. Thus, the use of renewable energy has increased to minimize carbon dioxide emissions worldwide, which propels the demand for the same energy. This is thus, fuelling the growth of the synchronous condenser market
Impact of COVID-19 Pandemic on Synchronous Condenser Market
The COVID-19 outbreak was first reported in Wuhan, China, during December 2019. The crisis is adversely affecting industries worldwide. The global economy witnessed the worst hit in 2020, and it is likely to continue in 2021. The outbreak is creating significant disruptions in primary industries such as logistics, retail, and e-commerce. In addition, the sharp decline in international trade is hindering the growth of the global economy. The pandemic has temporarily closed down most of the production plants across all industries, and has also disrupted the supply chain and logistics industry. However, lockdown in almost all countries is restricting the supply chain of major components of synchronous condenser as well as hindering the manufacturing of the same.
Lucrative Regions for Synchronous Condenser Providers
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Synchronous Condenser Market Insights
Growing Need for Power Factor Correction Fuels Growth of Synchronous Condenser Market
Most of the engines used in industries are induction engines in which currents would be drawn by loads such as lamps, fans, heaters, etc. Due to large reactive components, these lagging currents would decrease the power factor of the entire unit. The overall performance of the device would therefore decrease. Using a synchronous motor in parallel with induction motors or transformers, the leading reactive volt-amperes supplied by the synchronous motor may be corrected by compensating for the lagging reactive volt-amperes of other power equipment. In this way, to increase the overall power factor of the device, a synchronous condenser is useful.
The amount of reactive power from a synchronous condenser can be changed continuously, unlike a static capacitor bank. When the grid voltage decreases, reactive power from a static capacitor bank decreases; whereas a synchronous condenser would increase reactive current as the voltage decreases. Ability to regulate voltage levels is another advantage of synchronous condensers. Naturally, a synchronous condenser supplies a low voltage with more reactive power and it absorbs more reactive power from a high voltage; moreover, the field can be regulated as previously mentioned. In situations like starting large motors or in systems where power must move long distances from where it is produced to where it is used, reactive power improves voltage control. Thus, the above-mentioned benefits of controlling voltage fluctuations with the help of synchronous condenser are anticipated to influence the growth of the market across the world.
Cooling Type-Based Market Insights
Based on cooling type, the synchronous condenser market is segmented into air-cooled, hydrogen-cooled, and water-cooled. In 2019, the hydrogen-cooled segment accounted for a significant share in the market.
Synchronous Condenser Market, by Cooling Type – 2019 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Reactive Power Rating-Based Market Insights
Based on reactive power rating, the synchronous condenser market is segmented into up to 100 MVAr, 100–200 MVAr, and above 200 MVAr. In 2019, the above 200 MVAr segment accounted for a significant share in the market.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Synchronous Condenser Market: Strategic Insights
Market Size Value in US$ 507.64 Million in 2019 Market Size Value by US$ 580.28 Million by 2027 Growth rate CAGR of 2.6% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Synchronous Condenser Market: Strategic Insights
| Market Size Value in | US$ 507.64 Million in 2019 |
| Market Size Value by | US$ 580.28 Million by 2027 |
| Growth rate | CAGR of 2.6% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
The players operating in the synchronous condenser market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
In December 2020, ABB Ltd. installed two synchronous condensers in Australia’s Darlington Point solar farm. The company stated that the technology would enhance the local power grid's stability as the penetration of renewable energy increases in a critical area of New South Wales.
In May 2020, General Electric provided two synchronous condensers and flywheel units to Italian grid operator Terna S.p.A. for the Brindisi substation in southern Italy. General Electric’s synchronous condensers unit could supply reactive power of up to +250/−125 MVAr and 1,750 MWs inertia to support Italy’s grid's stability.
By Cooling Type
- Air-Cooled
- Hydrogen-Cooled
- Water-Cooled
By Reactive Power Rating
- Up to 100 MVAr
- 100–200 MVAr
- Above 200 MVAr
By Starting Method
- Pony Motor
- Static Frequency Converter
- Others
By Application
- Metal and Mining
- Electrical Utilities and Grid Operators
- Marine
- Oil and Gas
- Others
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Names
- ABB Ltd.
- Brush Group
- Eaton Corporation plc
- FUJI ELECTRIC CO., LTD.
- General Electric Company
- IDEAL ELECTRIC POWER CO.
- Mitsubishi Electric Power Products, Inc. (Mitsubishi Electric Corporation)
- Siemens Energy (Siemens AG)
- Voith GmbH & Co. KGaA
- WEG ELECTRIC CORP.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Cooling Type , Reactive Power Rating , Starting Method , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
In 2019, North America led the global synchronous condenser market with more than 37.4% of revenue share, followed by Europe and Asia Pacific regions, respectively. Currently, synchronous condenser adoption has increased in the US and Canada through industries such as electrical utilities and grid operators, metals and mining, marine and oil and gas. Furthermore, growing investment in the adoption of renewable energy by government bodies and private companies in the process is fueling the growth of the region's industry. In 2019, for example, US investments in renewable energy accounted for US$ 301.7 billion. Growing investment is therefore enabling companies to deliver advanced solutions around the local and global sectors of power generation.
Most of the engines used in industries are induction engines in which currents would be drawn by loads such as lamps, fans, heaters, etc. Due to large reactive components, these lagging currents would decrease the power factor of the entire unit. The overall performance of the device would therefore decrease. Using a synchronous motor in parallel with induction motors or transformers, the leading reactive volt-amperes supplied by the synchronous motor may be corrected by compensating for the lagging reactive volt-amperes of other power equipment. In this way, to increase the overall power factor of the device, a synchronous condenser is useful.
Synchronous condensers assist in achieving grid reliability, stability, inertia, and strength for electrical utilities. Growing demand is expected to drive the growth of synchronous condenser market for grid stability and controlling voltage fluctuations in electrical utilities. Moreover, for stable operations and for maintaining voltage stability with weak grids, power plants install synchronous condensers. On electrical power transmission networks, synchronous condensers help to adjust the reactive power.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Synchronous Condenser Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Synchronous Condenser Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Renewable Power Generation
5.1.2 Growing Need for Power Factor Correction (Pfc)
5.2 Market Restraints
5.2.1 High Equipment and Maintenance Costs of Synchronous Condensers
5.3 Market Opportunities
5.3.1 Converting the existing synchronous generators into synchronous condensers
5.4 Future Trends
5.4.1 Expanding High-Voltage Direct Current (HVDC) Network
5.5 Impact Analysis of Drivers and Restraints
6. Synchronous Condenser Market – Global Market Analysis
6.1 Global Synchronous Condenser Market Overview
6.2 Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Synchronous Condenser Market Analysis – By Cooling Type
7.1 Overview
7.2 Synchronous Condenser Market, By Cooling Type (2019 and 2027)
7.3 Air-Cooled
7.3.1 Overview
7.3.2 Air-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Hydrogen-Cooled
7.4.1 Overview
7.4.2 Hydrogen-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Water-Cooled
7.5.1 Overview
7.5.2 Water-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
8. Synchronous Condenser Market Analysis – By Reactive Power Rating
8.1 Overview
8.2 Synchronous Condenser Market Breakdown, by Reactive Power Rating, 2019 & 2027
8.3 Up to 100 MVAr
8.3.1 Overview
8.3.2 Up to 100 MVAr Market Revenue and Forecast to 2027 (US$ Million)
8.4-200 MVAr
8.4.1 Overview
8.4.2-200 MVAr Market Revenue and Forecast to 2027 (US$ Million)
8.5 Above 200 MVAr
8.5.1 Overview
8.5.2 Above 200 MVAr Market Revenue and Forecast to 2027 (US$ Mn)
9. Synchronous Condenser Market Analysis – By Starting Method
9.1 Overview
9.2 Synchronous Condenser Market Breakdown, by Starting Method, 2019 & 2027
9.3 Pony Motor
9.3.1 Overview
9.3.2 Pony Motor Market Revenue and Forecast to 2027 (US$ Million)
9.4 Static Frequency Converter
9.4.1 Overview
9.4.2 Static Frequency Converter Market Revenue and Forecast to 2027 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
10. Synchronous Condenser Market Analysis – By Application
10.1 Overview
10.2 Synchronous Condenser Market Breakdown, by Application, 2019 & 2027
10.3 Metal and Mining
10.3.1 Overview
10.3.2 Metal and Mining Market Revenue and Forecast to 2027 (US$ Million)
10.4 Electrical Utilities and Grid Operators
10.4.1 Overview
10.4.2 Electrical Utilities and Grid Operators Market Revenue and Forecast to 2027 (US$ Million)
10.5 Marine
10.5.1 Overview
10.5.2 Marine Market Revenue and Forecast to 2027 (US$ Mn)
10.6 Oil and Gas
10.6.1 Overview
10.6.2 Oil and Gas Market Revenue and Forecast to 2027 (US$ Mn)
10.7 Others
10.7.1 Overview
10.7.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
11. Synchronous Condenser Market – Geographic Analysis
11.1 Overview
11.2 North America: Synchronous Condenser Market
11.2.1 North America: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.2.2 North America: Synchronous Condenser Market, by Cooling Type
11.2.2.1 North America: Synchronous Condenser Market, by Reactive Power Rating
11.2.3 North America: Synchronous Condenser Market, by Starting Method
11.2.4 North America: Synchronous Condenser Market, by Application
11.2.5 North America: Synchronous Condenser Market, by Key Country
11.2.5.1 US: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.2.5.1.1 US: Synchronous Condenser Market, by Cooling Type
11.2.5.1.1.1 US: Synchronous Condenser Market, by Reactive Power Rating
11.2.5.1.2 US: Synchronous Condenser Market, by Starting Method
11.2.5.1.3 US: Synchronous Condenser Market, by Application
11.2.5.2 Canada: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.2.5.2.1 Canada: Synchronous Condenser Market, by Cooling Type
11.2.5.2.1.1 Canada: Synchronous Condenser Market, by Reactive Power Rating
11.2.5.2.2 Canada: Synchronous Condenser Market, by Starting Method
11.2.5.2.3 Canada: Synchronous Condenser Market, by Application
11.2.5.3 Mexico: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.2.5.3.1 Mexico: Synchronous Condenser Market, by Cooling Type
11.2.5.3.1.1 Mexico: Synchronous Condenser Market, by Reactive Power Rating
11.2.5.3.2 Mexico: Synchronous Condenser Market, by Starting Method
11.2.5.3.3 Mexico: Synchronous Condenser Market, by Application
11.3 Europe: Synchronous Condenser Market
11.3.1 Europe: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.2 Europe: Synchronous Condenser Market, by Cooling Type
11.3.2.1 Europe: Synchronous Condenser Market, by Reactive Power Rating
11.3.3 Europe: Synchronous Condenser Market, by Starting Method
11.3.4 Europe: Synchronous Condenser Market, by Application
11.3.5 Europe: Synchronous Condenser Market, by Key Country
11.3.5.1 France: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.1.1 France: Synchronous Condenser Market, by Cooling Type
11.3.5.1.1.1 France: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.1.2 France: Synchronous Condenser Market, by Starting Method
11.3.5.1.3 France: Synchronous Condenser Market, by Application
11.3.5.2 Germany: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.2.1 Germany: Synchronous Condenser Market, by Cooling Type
11.3.5.2.1.1 Germany: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.2.2 Germany: Synchronous Condenser Market, by Starting Method
11.3.5.2.3 Germany: Synchronous Condenser Market, by Application
11.3.5.3 Italy: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.3.1 Italy: Synchronous Condenser Market, by Cooling Type
11.3.5.3.1.1 Italy: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.3.2 Italy: Synchronous Condenser Market, by Starting Method
11.3.5.3.3 Italy: Synchronous Condenser Market, by Application
11.3.5.4 UK: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.4.1 UK: Synchronous Condenser Market, by Cooling Type
11.3.5.4.1.1 UK: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.4.2 UK: Synchronous Condenser Market, by Starting Method
11.3.5.4.3 UK: Synchronous Condenser Market, by Application
11.3.5.5 Russia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.5.1 Russia: Synchronous Condenser Market, by Cooling Type
11.3.5.5.1.1 Russia: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.5.2 Russia: Synchronous Condenser Market, by Starting Method
11.3.5.5.3 Russia: Synchronous Condenser Market, by Application
11.3.5.6 Rest of Europe: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.3.5.6.1 Rest of Europe: Synchronous Condenser Market, by Cooling Type
11.3.5.6.1.1 Rest of Europe: Synchronous Condenser Market, by Reactive Power Rating
11.3.5.6.2 Rest of Europe: Synchronous Condenser Market, by Starting Method
11.3.5.6.3 Rest of Europe: Synchronous Condenser Market, by Application
11.4 APAC: Synchronous Condenser Market
11.4.1 APAC: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.2 APAC: Synchronous Condenser Market, by Cooling Type
11.4.2.1 APAC: Synchronous Condenser Market, by Reactive Power Rating
11.4.3 APAC: Synchronous Condenser Market, by Starting Method
11.4.4 APAC: Synchronous Condenser Market, by Application
11.4.5 APAC: Synchronous Condenser Market, by Key Country
11.4.5.1 Australia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.1.1 Australia: Synchronous Condenser Market, by Cooling Type
11.4.5.1.1.1 Australia: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.1.2 Australia: Synchronous Condenser Market, by Starting Method
11.4.5.1.3 Australia: Synchronous Condenser Market, by Application
11.4.5.2 China: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.2.1 China: Synchronous Condenser Market, by Cooling Type
11.4.5.2.1.1 China: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.2.2 China: Synchronous Condenser Market, by Starting Method
11.4.5.2.3 China: Synchronous Condenser Market, by Application
11.4.5.3 India: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.3.1 India: Synchronous Condenser Market, by Cooling Type
11.4.5.3.1.1 India: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.3.2 India: Synchronous Condenser Market, by Starting Method
11.4.5.3.3 India: Synchronous Condenser Market, by Application
11.4.5.4 Japan: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.4.1 Japan: Synchronous Condenser Market, by Cooling Type
11.4.5.4.1.1 Japan: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.4.2 Japan: Synchronous Condenser Market, by Starting Method
11.4.5.4.3 Japan: Synchronous Condenser Market, by Application
11.4.5.5 South Korea: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.5.1 South Korea: Synchronous Condenser Market, by Cooling Type
11.4.5.5.1.1 South Korea: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.5.2 South Korea: Synchronous Condenser Market, by Starting Method
11.4.5.5.3 South Korea: Synchronous Condenser Market, by Application
11.4.5.6 Rest of APAC: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.4.5.6.1 Rest of APAC: Synchronous Condenser Market, by Cooling Type
11.4.5.6.1.1 Rest of APAC: Synchronous Condenser Market, by Reactive Power Rating
11.4.5.6.2 Rest of APAC: Synchronous Condenser Market, by Starting Method
11.4.5.6.3 Rest of APAC: Synchronous Condenser Market, by Application
11.5 MEA: Synchronous Condenser Market
11.5.1 MEA: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.5.2 MEA: Synchronous Condenser Market, by Cooling Type
11.5.2.1 MEA: Synchronous Condenser Market, by Reactive Power Rating
11.5.3 MEA: Synchronous Condenser Market, by Starting Method
11.5.4 MEA: Synchronous Condenser Market, by Application
11.5.5 MEA: Synchronous Condenser Market, by Key Country
11.5.5.1 South Africa: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.5.5.1.1 South Africa: Synchronous Condenser Market, by Cooling Type
11.5.5.1.1.1 South Africa: Synchronous Condenser Market, by Reactive Power Rating
11.5.5.1.2 South Africa: Synchronous Condenser Market, by Starting Method
11.5.5.1.3 South Africa: Synchronous Condenser Market, by Application
11.5.5.2 Saudi Arabia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.5.5.2.1 Saudi Arabia: Synchronous Condenser Market, by Cooling Type
11.5.5.2.1.1 Saudi Arabia: Synchronous Condenser Market, by Reactive Power Rating
11.5.5.2.2 Saudi Arabia: Synchronous Condenser Market, by Starting Method
11.5.5.2.3 Saudi Arabia: Synchronous Condenser Market, by Application
11.5.5.3 UAE: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.5.5.3.1 UAE: Synchronous Condenser Market, by Cooling Type
11.5.5.3.1.1 UAE: Synchronous Condenser Market, by Reactive Power Rating
11.5.5.3.2 UAE: Synchronous Condenser Market, by Starting Method
11.5.5.3.3 UAE: Synchronous Condenser Market, by Application
11.5.5.4 Rest of MEA: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.5.5.4.1 Rest of MEA: Synchronous Condenser Market, by Cooling Type
11.5.5.4.1.1 Rest of MEA: Synchronous Condenser Market, by Reactive Power Rating
11.5.5.4.2 Rest of MEA: Synchronous Condenser Market, by Starting Method
11.5.5.4.3 Rest of MEA: Synchronous Condenser Market, by Application
11.6 SAM: Synchronous Condenser Market
11.6.1 SAM: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.6.2 SAM: Synchronous Condenser Market, by Cooling Type
11.6.2.1 SAM: Synchronous Condenser Market, by Reactive Power Rating
11.6.3 SAM: Synchronous Condenser Market, by Starting Method
11.6.4 SAM: Synchronous Condenser Market, by Application
11.6.5 SAM: Synchronous Condenser Market, by Key Country
11.6.5.1 Brazil: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.6.5.1.1 Brazil: Synchronous Condenser Market, by Cooling Type
11.6.5.1.1.1 Brazil: Synchronous Condenser Market, by Reactive Power Rating
11.6.5.1.2 Brazil: Synchronous Condenser Market, by Starting Method
11.6.5.1.3 Brazil: Synchronous Condenser Market, by Application
11.6.5.2 Argentina: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.6.5.2.1 Argentina: Synchronous Condenser Market, by Cooling Type
11.6.5.2.1.1 Argentina: Synchronous Condenser Market, by Reactive Power Rating
11.6.5.2.2 Argentina: Synchronous Condenser Market, by Starting Method
11.6.5.2.3 Argentina: Synchronous Condenser Market, by Application
11.6.5.3 Rest of SAM: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
11.6.5.3.1 Rest of SAM: Synchronous Condenser Market, by Cooling Type
11.6.5.3.1.1 Rest of SAM: Synchronous Condenser Market, by Reactive Power Rating
11.6.5.3.2 Rest of SAM: Synchronous Condenser Market, by Starting Method
11.6.5.3.3 Rest of SAM: Synchronous Condenser Market, by Application
12. Impact of COVID-19 Pandemic on Global Synchronous Condenser Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
12.2 Europe: Impact Assessment of COVID-19 Pandemic
12.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12.5 South America Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 ABB Ltd.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Brush Group
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Eaton Corporation plc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 FUJI ELECTRIC CO., LTD.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 General Electric Company
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 IDEAL ELECTRIC POWER CO.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Mitsubishi Electric Power Products, Inc. (Mitsubishi Electric Corporation)
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Siemens AG (Siemens Energy)
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Voith GmbH & Co. KGaA
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 WEG ELECTRIC CORP.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Synchronous Condenser Market, by Cooling Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Synchronous Condenser Market, by Reactive Power Rating – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Synchronous Condenser Market, by Starting Method – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America: Synchronous Condenser Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 9. US: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 13. Canada: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 16. Mexico: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 17. Mexico: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe: Synchronous Condenser Market, by Cooling Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Europe: Synchronous Condenser Market, by Reactive Power Rating– Revenue and Forecast to 2027 (US$ Million)
Table 20. Europe: Synchronous Condenser Market, by Starting Method – Revenue and Forecast to 2027 (US$ Million)
Table 21. Europe: Synchronous Condenser Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 23. France: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 24. France: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 25. France: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 26. Germany: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. Germany: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 28. Germany: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 29. Germany: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 30. Italy: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 31. Italy: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 32. Italy: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 33. Italy: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. UK: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 35. UK: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 36. UK: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 37. UK: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 38. Russia: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 39. Russia: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 40. Russia: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 41. Russia: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 42. Rest of Europe: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 43. Rest of Europe: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 44. Rest of Europe: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 45. Rest of Europe: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. APAC: Synchronous Condenser Market, by Cooling Type – Revenue and Forecast to 2027 (US$ Million)
Table 47. APAC: Synchronous Condenser Market, by Reactive Power Rating– Revenue and Forecast to 2027 (US$ Million)
Table 48. APAC: Synchronous Condenser Market, by Starting Method – Revenue and Forecast to 2027 (US$ Million)
Table 49. APAC: Synchronous Condenser Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. Australia: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. Australia: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 52. Australia: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 53. Australia: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. China: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 55. China: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 56. China: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 57. China: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 58. India: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 59. India: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 60. India: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 61. India: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 62. Japan: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 63. Japan: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 64. Japan: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 65. Japan: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 66. South Korea: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 67. South Korea: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 68. South Korea: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 69. South Korea: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of APAC: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of APAC: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of APAC: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest of APAC: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 74. MEA: Synchronous Condenser Market, by Cooling Type– Revenue and Forecast to 2027 (US$ Million)
Table 75. MEA: Synchronous Condenser Market, by Reactive Power Rating– Revenue and Forecast to 2027 (US$ Million)
Table 76. MEA: Synchronous Condenser Market, by Starting Method – Revenue and Forecast to 2027 (US$ Million)
Table 77. MEA: Synchronous Condenser Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 78. South Africa: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 79. South Africa: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 80. South Africa: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 81. South Africa: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 82. Saudi Arabia: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 83. Saudi Arabia: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 84. Saudi Arabia: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 85. Saudi Arabia: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 86. UAE: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 87. UAE: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 88. UAE: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 89. UAE: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 90. Rest of MEA: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 91. Rest of MEA: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 92. Rest of MEA: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 93. Rest of MEA: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 94. SAM: Synchronous Condenser Market, by Cooling Type – Revenue and Forecast to 2027 (US$ Million)
Table 95. SAM: Synchronous Condenser Market, by Reactive Power Rating – Revenue and Forecast to 2027 (US$ Million)
Table 96. SAM: Synchronous Condenser Market, by Starting Method – Revenue and Forecast to 2027 (US$ Million)
Table 97. SAM: Synchronous Condenser Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 98. Brazil: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 99. Brazil: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 100. Brazil: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 101. Brazil: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 102. Argentina: Synchronous Condenser Market, by Cooling Type –Revenue and Forecast to 2027 (US$ Million)
Table 103. Argentina: Synchronous Condenser Market, by Reactive Power Rating –Revenue and Forecast to 2027 (US$ Million)
Table 104. Argentina: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 105. Argentina: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 106. Rest of SAM: Synchronous Condenser Market, by Cooling Type–Revenue and Forecast to 2027 (US$ Million)
Table 107. Rest of SAM: Synchronous Condenser Market, by Reactive Power Rating–Revenue and Forecast to 2027 (US$ Million)
Table 108. Rest of SAM: Synchronous Condenser Market, by Starting Method –Revenue and Forecast to 2027 (US$ Million)
Table 109. Rest of SAM: Synchronous Condenser Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 110. List of Abbreviation
LIST OF FIGURES
Figure 1. Synchronous Condenser Market Segmentation
Figure 2. Synchronous Condenser Market Segmentation – By Geography
Figure 3. Global Synchronous Condenser Market Overview
Figure 4. Hydrogen-cooled Segment to Show Remarkable Traction During Forecast Period
Figure 5. Above 200 MVAr Segment to Show Remarkable Growth During Forecast Period
Figure 6. Static frequency converter Segment to Show Remarkable Growth During Forecast Period
Figure 7. Electrical Utilities and Grid Operators Segment to Show Remarkable Growth During Forecast Period
Figure 8. APAC Held Largest Share of Global Synchronous Condenser Market
Figure 9. North America – PEST Analysis
Figure 10. Europe – PEST Analysis
Figure 11. Asia Pacific – PEST Analysis
Figure 12. Middle East and Africa – PEST Analysis
Figure 13. SAM – PEST Analysis
Figure 14. Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. Synchronous Condenser Market Impact Analysis of Drivers And Restraints
Figure 17. Geographic Overview of Synchronous Condenser Market
Figure 18. Synchronous Condenser Market – Revenue and Forecast To 2027 (US$ Million)
Figure 19. Synchronous Condenser Market Revenue Share, by Cooling Type (2019 and 2027)
Figure 20. Air-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Hydrogen-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Water-Cooled: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Electronic Filter Market Breakdown, by Application (2019 and 2027)
Figure 24. Up to 100 MVAr Market Revenue and Forecast to 2027(US$ Million)
Figure 25.-200 MVAr Market Revenue and Forecast to 2027(US$ Million)
Figure 26. Above 200 MVAr Market Revenue and Forecast to 2027(US$ Mn)
Figure 27. Electronic Filter Market Breakdown, by Application (2019 and 2027)
Figure 28. Pony Motor Market Revenue and Forecast to 2027(US$ Million)
Figure 29. Static Frequency Converter Market Revenue and Forecast to 2027(US$ Million)
Figure 30. Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 31. Electronic Filter Market Breakdown, by Application (2019 and 2027)
Figure 32. Metal and Mining Market Revenue and Forecast to 2027(US$ Million)
Figure 33. Electrical Utilities and Grid Operators Market Revenue and Forecast to 2027(US$ Million)
Figure 34. Marine Market Revenue and Forecast to 2027(US$ Mn)
Figure 35. Oil and Gas Market Revenue and Forecast to 2027(US$ Mn)
Figure 36. Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 37. Synchronous Condenser Market Revenue Share, By Region (2019 and 2027)
Figure 38. North America: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. North America: Synchronous Condenser Market Revenue Share, By Cooling Type (2019 and 2027)
Figure 40. North America: Synchronous Condenser Market Revenue Share, By Reactive Power Rating (2019 and 2027)
Figure 41. North America: Synchronous Condenser Market Revenue Share, By Starting Method (2019 and 2027)
Figure 42. North America: Synchronous Condenser Market Revenue Share, By Application (2019 and 2027)
Figure 43. North America: Synchronous Condenser Market Revenue Share, By Key Country (2019 and 2027)
Figure 44. US: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. Canada: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Mexico: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. Europe: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Europe: Synchronous Condenser Market Revenue Share, By Cooling Type (2019 and 2027)
Figure 49. Europe: Synchronous Condenser Market Revenue Share, By Reactive Power Rating (2019 and 2027)
Figure 50. Europe: Synchronous Condenser Market Revenue Share, By Starting Method (2019 and 2027)
Figure 51. Europe: Synchronous Condenser Market Revenue Share, By Application (2019 and 2027)
Figure 52. Europe: Synchronous Condenser Market Revenue Share, By Key Country (2019 and 2027)
Figure 53. France: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. Germany: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. Italy: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. UK: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. Russia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. Rest of Europe: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. APAC: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. APAC: Synchronous Condenser Market Revenue Share, By Cooling Type (2019 and 2027)
Figure 61. APAC: Synchronous Condenser Market Revenue Share, By Reactive Power Rating (2019 and 2027)
Figure 62. APAC: Synchronous Condenser Market Revenue Share, By Starting Method (2019 and 2027)
Figure 63. APAC: Synchronous Condenser Market Revenue Share, By Application (2019 and 2027)
Figure 64. APAC: Synchronous Condenser Market Revenue Share, By Key Country (2019 and 2027)
Figure 65. Australia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. China: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. India: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 68. Japan: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 69. South Korea: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. Rest of APAC: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. MEA: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. MEA: Synchronous Condenser Market Revenue Share, By Cooling Type (2019 and 2027)
Figure 73. MEA: Synchronous Condenser Market Revenue Share, By Reactive Power Rating (2019 and 2027)
Figure 74. MEA: Synchronous Condenser Market Revenue Share, By Starting Method (2019 and 2027)
Figure 75. MEA: Synchronous Condenser Market Revenue Share, By Application (2019 and 2027)
Figure 76. MEA: Synchronous Condenser Market Revenue Share, By Key Country (2019 and 2027)
Figure 77. South Africa: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 78. Saudi Arabia: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 79. UAE: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 80. Rest of MEA: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 81. SAM: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 82. SAM: Synchronous Condenser Market Revenue Share, By Cooling Type (2019 and 2027)
Figure 83. SAM: Synchronous Condenser Market Revenue Share, By Reactive Power Rating (2019 and 2027)
Figure 84. SAM: Synchronous Condenser Market Revenue Share, By Starting Method (2019 and 2027)
Figure 85. SAM: Synchronous Condenser Market Revenue Share, By Application (2019 and 2027)
Figure 86. SAM: Synchronous Condenser Market Revenue Share, By Key Country (2019 and 2027)
Figure 87. Brazil: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 88. Argentina: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 89. Rest of SAM: Synchronous Condenser Market – Revenue and Forecast to 2027 (US$ Million)
Figure 90. Impact of COVID-19 Pandemic in North American Country Markets
Figure 91. Impact of COVID-19 Pandemic in European Country Markets
Figure 92. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 93. Impact of COVID-19 Pandemic in Middle East And Africa Country Markets
Figure 94. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Synchronous Condenser Market
- ABB Ltd.
- BRUSH Group
- Eaton Corporation PLC
- Fuji Electric Co., Ltd.
- General Electric
- Hyundai Idela Electric Co.
- Mitsubishi Electric Corporation
- Siemens AG
- Voith GmBH
- WEG Electric Corp.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Synchronous Condenser Market
Jan 2021
Robotic Crawler Camera System Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component [Hardware (Cameras, Crawlers, Cable Drums, Control Units, and Others), Software, and Service], Application (Drain Inspection, Pipeline Inspection, and Tank Void Capacity or Conduit Inspection), and End User (Residential, Commercial, Municipal, and Industrial)
Jan 2021
Inertial Sensor for Land Defense Systems Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (FOG, MEMS, and Others) and Application (Stabilization Missile Systems, Stabilization Turret-Cannon Systems, Land Navigation Including Land Survey, Missile GGM-SSM, Stabilization Active Protection System, Stabilization of Optronics System, and Others)
Jan 2021
Drone Lithium Battery Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Battery Type (Li-ion, Li-Po, and Li-S), Battery Capacity (Below 3,000 mAh; 3,000–5,000 mAh; and Above 5,000 mAh), Drone MTOW (Below 100 Kgs, 100–200 Kgs, and Above 200 Kgs), Wing Type (Fixed Wing and Rotary Wing), and End Use (Military and Commercial)
Jan 2021
ASRS for Garments on Hangers Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Garment Rail System, Garment Conveyor, Garment Property Storage, and Others) and Application (Warehousing and Logistics, Retail 3PL, Hotels, Hospitals and Institutes, and Others)
Jan 2021
3D Surveillance Camera Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Dome Camera, Bullet Camera, PTZ Camera, and Others), Technology (Stereoscopic Imaging, Time of Flight, and Structured Light Imaging), and Application (People Tracking, Object or Scene Detection, Monitoring Systems, Face Recognition, Robotic Arm Collision Avoidance, and Others), and Geography
Jan 2021
Analog to Digital Converter Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Integrating Analog to Digital Converters, Delta-Sigma Analog to Digital Converters, Successive Approximation Analog to Digital Converters, Ramp Analog to Digital Converters, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit, and Others), and Application (Industrial, Consumer Electronics, Automotive, Healthcare, Telecommunication, and Others)
Jan 2021
Laser Distance Sensor Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)
Jan 2021
Rugged Tablet Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Type (Fully Rugged Tablet, Semi Rugged Tablet, and Ultra Rugged Tablet); Operating System (Android, Windows, and iOS); and Application (Aerospace & Defense, Automotive, Construction, Energy & Utilities, Manufacturing, Oil & Gas, and Others)