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Parallel combination of controlled reactor and shunt capacitor that is fixed forms the assembly for static VAR compensator. Adjustment of output helps to maintain and control parameters of electrical power system. Static VAR compensator is used to modify the output of inductive current that further manages bus voltage factor. In addition, this device is capable of reducing the reactive power across extended ranges that further shows zero time delay.
The growth of the global static VAR compensator market is driven by escalating demand among industrial & power infrastructure sectors and increasing demand for renewable energy sources. The increasing environmental regulations, escalating fuel prices, and rising awareness for renewable energy sources have increased the set-up of renewable energy systems. For instance, according to a report published by National Investment Promotion and Facilitation Agency, the solar energy capacity in India increased by over 15 times and stands at 41.09 gigawatt (GW) in June 2021. Voltage fluctuation is a major problem faced by renewable energy sources, owing to discontinuity in power generation. Static VAR compensators are widely preferred in the renewable energy sectors for voltage compensation purposes. Moreover, it is employed in renewable power generation and transmission systems to regulate voltage transmission. This may act as one of the key drivers responsible for the growth of the static VAR compensators market in the renewable energy sector. In addition, governments of both developed and developing economies, such as the U.S., China, India, and others, have put more emphasis on shifting their energy dependence from non-renewable to renewable energy sources. For instance, according to a report published by the U.S. Energy Information Administration, renewable energy reached record heights by providing around 11.59 quadrillion British thermal unit (BTU) that is equal to 12% of the total energy consumption in 2020. This is anticipated to surge the demand for static VAR compensators during the forecast period.
However, static VAR compensators comprise one or more banks of fixed shunt reactors and capacitors such as thyristor controlled reactor (TCR), thyristor switched capacitor (TSC), mechanically switched reactors or capacitors, harmonic filters, and others. The combination of these equipment makes static VAR compensators expensive for small industries. In addition, the installation cost for a whole set of equipment becomes relatively higher than the other voltage control devices. These factors restrict the use of static VAR compensators among industries having huge investment potentials. This is expected to restrain the growth of the static VAR compensator market during the forecast period.
The advanced digital control algorithm for the SVC system developed by General Electronics represents the latest design methodology by using a powerful model-based design approach. It is built by using a core library of complex control algorithms with automated code generation for all testing and verification stages. It also consists of a built-in event logger with automated time stamping of 1-millisecond resolution and can be remotely accessed via the internet using a secured protocol. This model-based advanced digital control algorithm for the SVC system has already revolutionized the approach for critical control software in power grids, aviation, renewable energy, and other sectors. Thus, the use of advanced digital control SVC systems with automated control features is anticipated to open up new sales opportunities in the market.
The global static VAR compensator market analysis is done on the basis of type, component, end use, and region. Depending on type, the market is divided into thyristor-based and MCR-based. On the basis of component, it is fragmented into power electronic device, harmonic filter, thyristor, reactor, capacitor bank, GIS switchgear, control protection system, and others. The end users covered in the study include electric utility, railways, industrial, and oil & gas. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global static VAR compensator market profiles leading players that include American Superconductor Corporation, Eaton, General Electric, Hitachi ABB Power Grids, Mitsubishi Electric Corporation, Nidec Industrial Solutions, NISSIN ELECTRIC Co., Ltd., NR Electric Co., Ltd., Rongxin Power Ltd., and Siemens AG
The global static VAR compensator market report provides in-depth competitive analysis as well as profiles of these major players.
1.1. Key benefits for stakeholders
• Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• It outlines the current trends and future estimations of the market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
• The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
• The profiles of key players and their key strategic developments are enlisted in the report.
1.2. Key market segments
• By Type
• Thyristor-based
TCR-FC
TCR-TSC
• MCR-Based
• By Component
• Power Electronic Device
• Harmonic Filter
• Thyristor
• Reactor
• Capacitor Bank
• Gis Switchgear
• Control Protection System
• Others
• By End Use
• Electric Utility
• Railways
• Industrial
Steel and Metal
Mining
Heavy Industrial
• Oil and Gas
• By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Key players in the global static VAR compensator market are:
1. American Superconductor Corporation
2. Eaton
3. General Electric
4. Hitachi ABB Power Grids
5. Mitsubishi Electric Corporation
6. Nidec Industrial Solutions
7. NISSIN ELECTRIC Co., Ltd.
8. NR Electric Co., Ltd.
9. Rongxin Power Ltd.
10. Siemens AG
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Escalating demand among industrial and power infrastructure sectors
3.4.1.2.Increasing demand for renewable energy sources
3.4.2.Restraint
3.4.2.1.High installation cost
3.4.3.Opportunity
3.4.3.1.Advanced digital control algorithm
3.5.Value chain analysis
3.6.Impact of key regulations on the global static VAR compensator market
3.7.Impact of COVID-19 on the global static VAR compensator market
3.8.Patent analysis, 2012-2021
CHAPTER 4:STATIC VAR COMPENSATOR MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Thyristor-based
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country
4.3.Thyristor-based by type
Further, the thyristor-based segment is divided into:
•TCR-FC
•TCR-TSC
4.4.TCR-FC
4.4.1.Market size and forecast, by region
4.4.2.Market share analysis, by country
4.5.TCR-TSC
4.5.1.Market size and forecast, by region
4.5.2.Market share analysis, by country
4.6.MCR-based
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market share analysis, by country
CHAPTER 5:STATIC VAR COMPENSATOR MARKET, BY COMPONENT
5.1.Overview
5.1.1.Market size and forecast, by component
5.2.Power electronic device
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country
5.3.Harmonic filter
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country
5.4.Thyristor
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.5.Reactor
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country
5.6.Capacitor bank
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country
5.7.GIS switchgear
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market share analysis, by country
5.8.Control protection system
5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region
5.8.3.Market share analysis, by country
5.9.Others (phase shifting transformer (PST) and surge arrester)
5.9.1.Key market trends, growth factors, and opportunities
5.9.2.Market size and forecast, by region
5.9.3.Market share analysis, by country
CHAPTER 6:STATIC VAR COMPENSATOR MARKET, BY END USE
6.1.Overview
6.1.1.Market size and forecast
6.2.Electric utility
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country
6.3.Railways
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country
6.4.Industrial
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country
6.5.Industrial by end use
The industrial segment is divided into:
•Steel and metal
•Mining
•Heavy industrial
6.6.Steel and metal
6.6.1.Market size and forecast, by region
6.6.2.Market share analysis, by country
6.7.Mining
6.7.1.Market size and forecast, by region
6.7.2.Market share analysis, by country
6.8.Heavy industrial
6.8.1.Market size and forecast, by region
6.8.2.Market share analysis, by country
6.9.Oil and gas
6.9.1.Key market trends, growth factors, and opportunities
6.9.2.Market size and forecast, by region
6.9.3.Market share analysis, by country
CHAPTER 7:STATIC VAR COMPENSATOR MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by component
7.2.4.Market size and forecast, by end use
7.2.5.Market share analysis, by country
7.2.6.U.S.
7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by component
7.2.6.3.Market size and forecast, by end use
7.2.7.Canada
7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by component
7.2.7.3.Market size and forecast, by end use
7.2.8.Mexico
7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by component
7.2.8.3.Market size and forecast, by end use
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by component
7.3.4.Market size and forecast, by end use
7.3.5.Market size and forecast, by country
7.3.6.Germany
7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by component
7.3.6.3.Market size and forecast, by end use
7.3.7.UK
7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by component
7.3.7.3.Market size and forecast, by end use
7.3.8.France
7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by component
7.3.8.3.Market size and forecast, by end use
7.3.9.Italy
7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by component
7.3.9.3.Market size and forecast, by end use
7.3.10.Spain
7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by component
7.3.10.3.Market size and forecast, by end use
7.3.11.Rest of Europe
7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by component
7.3.11.3.Market size and forecast, by end use
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by component
7.4.4.Market size and forecast, by end use
7.4.5.Market size and forecast, by country
7.4.6.China
7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by component
7.4.6.3.Market size and forecast, by end use
7.4.7.Japan
7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by component
7.4.7.3.Market size and forecast, by end use
7.4.8.India
7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by component
7.4.8.3.Market size and forecast, by end use
7.4.9.Australia
7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by component
7.4.9.3.Market size and forecast, by end use
7.4.10.South Korea
7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by component
7.4.10.3.Market size and forecast, by end use
7.4.11.Rest of Asia-Pacific
7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by component
7.4.11.3.Market size and forecast, by end use
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by component
7.5.4.Market size and forecast, by end use
7.5.5.Market size and forecast, by country
7.5.6.Brazil
7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by component
7.5.6.3.Market size and forecast, by end use
7.5.7.Saudi Arabia
7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by component
7.5.7.3.Market size and forecast, by end use
7.5.8.South Africa
7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by component
7.5.8.3.Market size and forecast, by end use
7.5.9.Rest of LAMEA
7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by component
7.5.9.3.Market size and forecast, by end use
CHAPTER 8:COMPETITIVE LANDSCAPE
8.1.INTRODUCTION
8.1.1.MARKET PLAYER POSITIONING, 2020
8.2.PRODUCT MAPPING OF TOP 10 PLAYERS
8.3.COMPETITIVE DASHBOARD
8.4.COMPETITIVE HEATMAP
CHAPTER 9:COMPANY PROFILES:
9.1.American Superconductor Corporation
9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.2.Eaton
9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance
9.3.General Electric
9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product portfolio
9.3.5.Business performance
9.4.Hitachi ABB Power Grids
9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Product portfolio
9.4.4.Business performance
9.5.Mitsubishi Electric Corporation
9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product portfolio
9.5.5.Business performance
9.6.Nidec Industrial Solutions
9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio
9.7.NISSIN ELECTRIC Co., Ltd.
9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.Business performance
9.8.NR Electric Co., Ltd.
9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Product portfolio
9.9.Rongxin Power Ltd.
9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio
9.10.Siemens AG
9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product Portfolio
9.10.5.Business performance
TABLE 01.GLOBAL STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 02.STATIC VAR COMPENSATOR MARKET FOR THYRISTOR-BASED, BY REGION, 2020–2030 ($MILLION)
TABLE 03.STATIC VAR COMPENSATOR MARKET FOR TCR-FC, BY REGION, 2020–2030 ($MILLION)
TABLE 04.STATIC VAR COMPENSATOR MARKET FOR TCR-TSC, BY REGION, 2020–2030 ($MILLION)
TABLE 05.STATIC VAR COMPENSATOR MARKET FOR MCR-BASED, BY REGION, 2020–2030 ($MILLION)
TABLE 06.STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 07.STATIC VAR COMPENSATOR MARKET FOR POWER ELECTRONIC DEVICE, BY REGION, 2020–2030 ($MILLION)
TABLE 08.STATIC VAR COMPENSATOR MARKET FOR POWER ELECTRONIC DEVICE, BY REGION, 2020–2030 (TON)
TABLE 09.STATIC VAR COMPENSATOR MARKET FOR HARMONIC FILTER, BY REGION, 2020–2030 ($MILLION)
TABLE 10.STATIC VAR COMPENSATOR MARKET FOR THYRISTOR, BY REGION, 2020–2030 ($MILLION)
TABLE 11.STATIC VAR COMPENSATOR MARKET FOR REACTOR, BY REGION, 2020–2030 ($MILLION)
TABLE 12.STATIC VAR COMPENSATOR MARKET FOR CAPACITOR BANK, BY REGION, 2020–2030 ($MILLION)
TABLE 13.STATIC VAR COMPENSATOR MARKET FOR GIS SWITCHGEAR, BY REGION, 2020–2030 ($MILLION)
TABLE 14.STATIC VAR COMPENSATOR MARKET FOR CONTROL PROTECTION SYSTEM, BY REGION, 2020–2030 ($MILLION)
TABLE 15.STATIC VAR COMPENSATOR MARKET FOR OTHERS (PHASE SHIFTING TRANSFORMER (PST), SURGE ARRESTER), BY REGION, 2020–2030 ($MILLION)
TABLE 16.GLOBAL STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020-2030 ($MILLION)
TABLE 17.STATIC VAR COMPENSATOR MARKET FOR ELECTRIC UTILITY, BY REGION, 2020–2030 ($MILLION)
TABLE 18.STATIC VAR COMPENSATOR MARKET FOR RAILWAYS, BY REGION, 2020–2030 ($MILLION)
TABLE 19.STATIC VAR COMPENSATOR MARKET FOR INDUSTRIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 20.STATIC VAR COMPENSATOR MARKET FOR STEEL AND METAL, BY REGION, 2020–2030 ($MILLION)
TABLE 21.STATIC VAR COMPENSATOR MARKET FOR MINING, BY REGION, 2020–2030 ($MILLION)
TABLE 22.STATIC VAR COMPENSATOR MARKET FOR HEAVY INDUSTRIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 23.STATIC VAR COMPENSATOR MARKET FOR OIL AND GAS, BY REGION, 2020–2030 ($MILLION)
TABLE 24.STATIC VAR COMPENSATOR MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 25.STATIC VAR COMPENSATOR MARKET, BY REGION, 2020–2030 (TON)
TABLE 26.NORTH AMERICA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 27.NORTH AMERICA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 28.NORTH AMERICA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 29.NORTH AMERICA STATIC VAR COMPENSATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 30.U.S. STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 31.U.S. STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 32.U.S. STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 33.CANADA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 34.CANADA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 35.CANADA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 36.MEXICO STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 37.MEXICO STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 38.MEXICO STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 39.EUROPE STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 40.EUROPE STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 41.EUROPE STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 42.EUROPE STATIC VAR COMPENSATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 43.GERMANY STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 44.GERMANY STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 45.GERMANY STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 46.U.K. STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 47.U.K. STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 48.U.K. STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 49.FRANCE STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 50.FRANCE STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 51.FRANCE STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 52.ITALY STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 53.ITALY STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 54.ITALY STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 55.SPAIN STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 56.SPAIN STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 57.SPAIN STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 58.REST OF EUROPE OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 59.REST OF EUROPE STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 60.REST OF EUROPE STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 61.ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 62.ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 63.ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 64.ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 65.CHINA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.CHINA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 67.CHINA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 68.JAPAN STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.JAPAN STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 70.JAPAN STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 71.INDIA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 72.INDIA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 73.INDIA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 74.AUSTRALIA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 75.AUSTRALIA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 76.AUSTRALIA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 77.SOUTH KOREA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 78.SOUTH KOREA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 79.SOUTH KOREA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 80.REST OF ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 81.REST OF ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 82.REST OF ASIA-PACIFIC STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 83.LAMEA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 84.LAMEA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 85.LAMEA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 86.LAMEA STATIC VAR COMPENSATOR MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 87.BRAZIL STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 88.BRAZIL STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 89.BRAZIL STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 90.SAUDI ARABIA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 91.SAUDI ARABIA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 92.SAUDI ARABIA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 93.SOUTH AFRICA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 94.SOUTH AFRICA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 95.SOUTH AFRICA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 96.REST OF LAMEA STATIC VAR COMPENSATOR MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 97.REST OF LAMEA STATIC VAR COMPENSATOR MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 98.REST OF LAMEA STATIC VAR COMPENSATOR MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 99.AMERICAN SUPERCONDUCTOR: COMPANY SNAPSHOT
TABLE 100.AMERICAN SUPERCONDUCTOR: OPERATING SEGMENTS
TABLE 101.AMERICAN SUPERCONDUCTOR: PRODUCT PORTFOLIO
TABLE 102.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 103.EATON: COMPANY SNAPSHOT
TABLE 104.EATON: OPERATING SEGMENTS
TABLE 105.EATON: PRODUCT PORTFOLIO
TABLE 106.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 107.GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 108.GENERAL ELECTRIC: OPERATING SEGMENTS
TABLE 109.GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 110.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 111.HITACHI ABB POWER GRIDS: COMPANY SNAPSHOT
TABLE 112.HITACHI ABB POWER GRIDS: PRODUCT PORTFOLIO
TABLE 113.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 114.MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 115.MITSUBISHIE ELECTRIC CORPORATION: OPERATING SEGMENT
TABLE 116.MITSUBISHI ELECTRIC CORPORATION: PRODUCT PORTFOLIO
TABLE 117.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 118.NIDEC INDUSTRIAL SOLUTIONS: COMPANY SNAPSHOT
TABLE 119.NIDEC INDUSTRIAL SOLUTIONS: PRODUCT PORTFOLIO
TABLE 120.NISSIN ELECTRIC CO., LTD.: COMPANY SNAPSHOT
TABLE 121.NISSIN ELECTRIC CO., LTD.: OPERATING SEGMENTS
TABLE 122.NISSIN ELECTRIC CO., LTD.: PRODUCT PORTFOLIO
TABLE 123.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 124.NR ELECTRIC CO., LTD.: COMPANY SNAPSHOT
TABLE 125.NR ELECTRIC CO., LTD.: PRODUCT PORTFOLIO
TABLE 126.RONGXIN POWER LTD.: COMPANY SNAPSHOT
TABLE 127.RONGXIN POWER LTD.: PRODUCT PORTFOLIO
TABLE 128.SIEMENS AG: COMPANY SNAPSHOT
TABLE 129.SIEMENS AG: OPERATING SEGMENT
TABLE 130.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 131.OVERALL FINANCIAL STATUS ($MILLION)
Systems that can efficiently and conveniently store various forms of energy such as electrochemical, mechanical and so on are called as energy storage systems. One of te familiar example that is part of these systems are lithium ion batteries that are used in electric vehicles.
Renewable source of energy is gaining a strong foothold in the energy industry. Sources such as solar power, wind power, and water power are commonly used to produce renewable energy. Global warming and air & water pollution are the major issues surround...
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