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Global Synchronous Condenser Sales Market Report 2020
SKU ID : QYR-16691815 | Publishing Date : 27-Oct-2020 | No. of pages : 134
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In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.
Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid. Its field is controlled by a voltage regulator to either generate or absorb reactive power as needed to adjust the grid's voltage, or to improve power factor. The condenser’s installation and operation are identical to large electric motors and generators.
The industry's leading manufacturers are Siemens, Shanghai Electric and Dongfang Electric, which accounted for 16.32 percent, 27.79 percent and 26.90 percent of revenues respectively in 2019.
Market Analysis and Insights: Global Synchronous Condenser Market
The global Synchronous Condenser market size is projected to reach US$ 201.9 million by 2026, from US$ 163.1 million in 2020, at a CAGR of 3.6% during 2021-2026.
Global Synchronous Condenser Scope and Market Size
The global Synchronous Condenser market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Synchronous Condenser market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Synchronous Condenser market is segmented into
<100 M Var
100-200 M Var
>200 M Var
Segment by Application, the Synchronous Condenser market is segmented into
Transmission System Strength
HVDC Link Support
New Energy
Others
The Synchronous Condenser market is analysed and market size information is provided by regions (countries). Segment by Application, the Synchronous Condenser market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Synchronous Condenser market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Synchronous Condenser business, the date to enter into the Synchronous Condenser market, Synchronous Condenser product introduction, recent developments, etc.
The major vendors covered:
Siemens
GE
Voith
WEG
Ansaldo Energia
Shanghai Electric
Dongfang Electric
Harbin Electric
Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid. Its field is controlled by a voltage regulator to either generate or absorb reactive power as needed to adjust the grid's voltage, or to improve power factor. The condenser’s installation and operation are identical to large electric motors and generators.
The industry's leading manufacturers are Siemens, Shanghai Electric and Dongfang Electric, which accounted for 16.32 percent, 27.79 percent and 26.90 percent of revenues respectively in 2019.
Market Analysis and Insights: Global Synchronous Condenser Market
The global Synchronous Condenser market size is projected to reach US$ 201.9 million by 2026, from US$ 163.1 million in 2020, at a CAGR of 3.6% during 2021-2026.
Global Synchronous Condenser Scope and Market Size
The global Synchronous Condenser market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Synchronous Condenser market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Synchronous Condenser market is segmented into
<100 M Var
100-200 M Var
>200 M Var
Segment by Application, the Synchronous Condenser market is segmented into
Transmission System Strength
HVDC Link Support
New Energy
Others
The Synchronous Condenser market is analysed and market size information is provided by regions (countries). Segment by Application, the Synchronous Condenser market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Synchronous Condenser Market Share AnalysisSynchronous Condenser market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Synchronous Condenser business, the date to enter into the Synchronous Condenser market, Synchronous Condenser product introduction, recent developments, etc.
The major vendors covered:
Siemens
GE
Voith
WEG
Ansaldo Energia
Shanghai Electric
Dongfang Electric
Harbin Electric
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
