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Market Research
Synchronous Condensers Market Expected to Grow at 3.2% by 2032
Synchronous Condensers Market By Type, By Cooling Type, By Starting Method, By Reactive Power Rating, By End User - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032
19 Dec 2022
Format
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Report Summary
Table of contents
list of tables
list of figures
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Synchronous Condensers Market
2.2. Global Synchronous Condensers Market, By Type, 2023 (US$ Million)
2.3. Global Synchronous Condensers Market, By Cooling Type, 2023 (US$ Million)
2.4. Global Synchronous Condensers Market, By Starting Method, 2023 (US$ Million)
2.5. Global Synchronous Condensers Market, By Reactive Power Rating, 2023 (US$ Million)
2.6. Global Synchronous Condensers Market, By End User, 2023 (US$ Million)
2.7. Global Synchronous Condensers Market, By Geography, 2023 (US$ Million)
2.8. Attractive Investment Proposition by Geography, 2023
3. Synchronous Condensers Market: Competitive Analysis
3.1. Market Positioning of Key Synchronous Condensers Market Vendors
3.2. Strategies Adopted by Synchronous Condensers Market Vendors
3.3. Key Industry Strategies
4. Synchronous Condensers Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Synchronous Condensers Market Value, 2022 - 2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. New
5.3.2. Refurbished
6. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Air-cooled
6.3.2. Water-cooled
6.3.3. Hydrogen-cooled
7. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. Static Frequency Converter
7.3.2. Pony Motors
7.3.3. Others
8. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Market Segmentation
8.3.1. Up to 100 MVAR
8.3.2. 100–200 MVAR
8.3.3. Above 200 MVAR
9. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
9.1. Market Overview
9.2. Growth & Revenue Analysis: 2023 Versus 2032
9.3. Market Segmentation
9.3.1. Electrical Utilities
9.3.2. Industrial
10. North America Synchronous Condensers Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
10.3. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
10.4. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
10.5. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
10.6. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
10.7.Synchronous Condensers Market: By Region, 2022-2032, USD (Million)
10.7.1.North America
10.7.1.1. U.S.
10.7.1.1.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
10.7.1.1.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
10.7.1.1.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
10.7.1.1.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
10.7.1.1.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
10.7.1.2. Canada
10.7.1.2.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
10.7.1.2.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
10.7.1.2.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
10.7.1.2.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
10.7.1.2.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
10.7.1.3. Rest of North America
10.7.1.3.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
10.7.1.3.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
10.7.1.3.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
10.7.1.3.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
10.7.1.3.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11. UK and European Union Synchronous Condensers Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.3. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.4. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.5. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.6. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.Synchronous Condensers Market: By Region, 2022-2032, USD (Million)
11.7.1.UK and European Union
11.7.1.1. UK
11.7.1.1.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.1.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.1.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.1.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.1.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.1.2. Germany
11.7.1.2.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.2.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.2.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.2.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.2.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.1.3. Spain
11.7.1.3.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.3.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.3.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.3.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.3.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.1.4. Italy
11.7.1.4.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.4.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.4.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.4.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.4.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.1.5. France
11.7.1.5.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.5.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.5.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.5.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.5.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
11.7.1.6. Rest of Europe
11.7.1.6.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
11.7.1.6.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
11.7.1.6.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
11.7.1.6.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
11.7.1.6.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12. Asia Pacific Synchronous Condensers Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.3. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.4. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.5. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.6. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.Synchronous Condensers Market: By Region, 2022-2032, USD (Million)
12.7.1.Asia Pacific
12.7.1.1. China
12.7.1.1.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.1.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.1.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.1.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.1.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.1.2. Japan
12.7.1.2.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.2.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.2.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.2.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.2.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.1.3. India
12.7.1.3.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.3.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.3.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.3.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.3.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.1.4. Australia
12.7.1.4.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.4.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.4.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.4.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.4.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.1.5. South Korea
12.7.1.5.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.5.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.5.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.5.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.5.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
12.7.1.6. Rest of Asia Pacific
12.7.1.6.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
12.7.1.6.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
12.7.1.6.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
12.7.1.6.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
12.7.1.6.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
13. Latin America Synchronous Condensers Market, 2022-2032, USD (Million)
13.1. Market Overview
13.2. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
13.3. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
13.4. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
13.5. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
13.6. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
13.7.Synchronous Condensers Market: By Region, 2022-2032, USD (Million)
13.7.1.Latin America
13.7.1.1. Brazil
13.7.1.1.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
13.7.1.1.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
13.7.1.1.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
13.7.1.1.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
13.7.1.1.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
13.7.1.2. Mexico
13.7.1.2.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
13.7.1.2.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
13.7.1.2.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
13.7.1.2.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
13.7.1.2.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
13.7.1.3. Rest of Latin America
13.7.1.3.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
13.7.1.3.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
13.7.1.3.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
13.7.1.3.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
13.7.1.3.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
14. Middle East and Africa Synchronous Condensers Market, 2022-2032, USD (Million)
14.1. Market Overview
14.2. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
14.3. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
14.4. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
14.5. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
14.6. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
14.7.Synchronous Condensers Market: By Region, 2022-2032, USD (Million)
14.7.1.Middle East and Africa
14.7.1.1. GCC
14.7.1.1.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
14.7.1.1.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
14.7.1.1.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
14.7.1.1.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
14.7.1.1.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
14.7.1.2. Africa
14.7.1.2.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
14.7.1.2.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
14.7.1.2.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
14.7.1.2.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
14.7.1.2.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
14.7.1.3. Rest of Middle East and Africa
14.7.1.3.1. Synchronous Condensers Market: By Type, 2022-2032, USD (Million)
14.7.1.3.2. Synchronous Condensers Market: By Cooling Type, 2022-2032, USD (Million)
14.7.1.3.3. Synchronous Condensers Market: By Starting Method, 2022-2032, USD (Million)
14.7.1.3.4. Synchronous Condensers Market: By Reactive Power Rating, 2022-2032, USD (Million)
14.7.1.3.5. Synchronous Condensers Market: By End User, 2022-2032, USD (Million)
15. Company Profile
15.1. Andritz
15.1.1. Company Overview
15.1.2. Financial Performance
15.1.3. Product Portfolio
15.1.4. Strategic Initiatives
15.2. ABB, Ltd.
15.2.1. Company Overview
15.2.2. Financial Performance
15.2.3. Product Portfolio
15.2.4. Strategic Initiatives
15.3. Eaton Corporation Plc
15.3.1. Company Overview
15.3.2. Financial Performance
15.3.3. Product Portfolio
15.3.4. Strategic Initiatives
15.4. Fuji Electric
15.4.1. Company Overview
15.4.2. Financial Performance
15.4.3. Product Portfolio
15.4.4. Strategic Initiatives
15.5. General Electric
15.5.1. Company Overview
15.5.2. Financial Performance
15.5.3. Product Portfolio
15.5.4. Strategic Initiatives
15.6. Ideal Electric Power Co.
15.6.1. Company Overview
15.6.2. Financial Performance
15.6.3. Product Portfolio
15.6.4. Strategic Initiatives
15.7. Mitsubishi Electric Corporation
15.7.1. Company Overview
15.7.2. Financial Performance
15.7.3. Product Portfolio
15.7.4. Strategic Initiatives
15.8. Siemens Energy
15.8.1. Company Overview
15.8.2. Financial Performance
15.8.3. Product Portfolio
15.8.4. Strategic Initiatives
15.9. Voith GmbH & Co. KGaA
15.9.1. Company Overview
15.9.2. Financial Performance
15.9.3. Product Portfolio
15.9.4. Strategic Initiatives
15.10. WEG Group
15.10.1. Company Overview
15.10.2. Financial Performance
15.10.3. Product Portfolio
15.10.4. Strategic Initiatives
15.11. Modern Power Systems
15.11.1. Company Overview
15.11.2. Financial Performance
15.11.3. Product Portfolio
15.11.4. Strategic Initiatives
15.12. Toshiba Corporation
15.12.1. Company Overview
15.12.2. Financial Performance
15.12.3. Product Portfolio
15.12.4. Strategic Initiatives
15.13. Brush Group
15.13.1. Company Overview
15.13.2. Financial Performance
15.13.3. Product Portfolio
15.13.4. Strategic Initiatives
15.14. Sustainable Power Systems, Inc.,
15.14.1. Company Overview
15.14.2. Financial Performance
15.14.3. Product Portfolio
15.14.4. Strategic Initiatives
15.15. Power Systems & Controls, Inc.
15.15.1. Company Overview
15.15.2. Financial Performance
15.15.3. Product Portfolio
15.15.4. Strategic Initiatives
15.16. Ansaldo Energia
15.16.1. Company Overview
15.16.2. Financial Performance
15.16.3. Product Portfolio
15.16.4. Strategic Initiatives
15.17. Power Systems & Controls, Inc.
15.17.1. Company Overview
15.17.2. Financial Performance
15.17.3. Product Portfolio
15.17.4. Strategic Initiatives
15.18. Other Notable Players
15.18.1. Company Overview
15.18.2. Financial Performance
15.18.3. Product Portfolio
15.18.4. Strategic Initiatives
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