The report on the Global Static Var Compensator (SVC) Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2021 to 2027. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Driver
- Growing usage of SVCs in railways as high voltage boosters.
- Rising demand for renewable energy sources and better power quality.
Restraints
- High political involvement in the power industry.
- Lack of awarenessabout MCR-based SVCs.
Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period:
- Base Year: 2020
- Estimated Year: 2021
- Forecast Till: 2027
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
The report also covers the complete competitive landscape of the global Static Var Compensator (SVC) market with company profiles of key players such as:
- Rongxin Power Electronic Co., Ltd.
- ABB Ltd.
- Siemens AG
- General Electric
- Eaton Corp plc
- American Electric Power
- Hyosung
- NR Electric Co. Ltd.
- Mitsubishi Electric Corp.
- American Superconductor Corp.
The detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.
SEGMENTATIONS IN THE REPORT:
By Type
- Thyristor-Based
- TCR-FC
- TCR-TSC
- MCR-Based
By Component
- Power Electronic Device
- Harmonic Filter
- Thyristor
- Reactor
- Capacitor Bank
- GIS Switchgear
- Phase Shifting Transformer (PST)
- Surge Arrester
- Control Protection System
By Vertical
- Electric Utility
- Renewable
- Wind power grid
- Solar Farm
- Railway
- Industrial
- Oil & Gas
By Geography
- North America (NA) - US, Canada, and Mexico
- Europe (EU) - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
- Asia-Pacific (APAC) - China, India, Japan, South Korea, Australia & Rest of APAC
- Latin America (LA) - Brazil, Argentina, Peru, Chile & Rest of Latin America
- Middle East and Africa (MEA) - Saudi Arabia, UAE, Israel, South Africa
The Global Static Var Compensator (SVC) Market has been exhibited in detail in the following chapters -
Chapter 1 Static Var Compensator (SVC) Market Preface
Chapter 2 Executive Summary
Chapter 3 Static Var Compensator (SVC) Industry Analysis
Chapter 4 Static Var Compensator (SVC) Market Value Chain Analysis
Chapter 5 Static Var Compensator (SVC) Market Analysis By Type
Chapter 6 Static Var Compensator (SVC) Market Analysis By Component
Chapter 7 Static Var Compensator (SVC) Market Analysis By Vertical
Chapter 8 Static Var Compensator (SVC) Market Analysis By Geography
Chapter 9 Competitive Landscape Of Static Var Compensator (SVC) Companies
Chapter 10 Company Profiles Of Static Var Compensator (SVC) Industry