Industry Research Reports

Home > Reports > Machinery & Equipment > Static Var Generator (SVG) & Static Var Compensator (SVC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Static Var Generator (SVG) & Static Var Compensator (SVC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Machinery & Equipment

Published: 2024-01-24

Pages: 158 Pages

Report ld: 2337169

Description
Table of Contents
Table of Figures
PDF Download

Description
Table of Contents
Table of Figures
PDF Download

Description

A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear).

Static Var Generator (SVG) & Static Var Compensator (SVC) Market Size

M= millions and B=billions

SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.

The global market for Static Var Generator (SVG) & Static Var Compensator (SVC) was estimated to be worth US$ 1429 million in 2023 and is forecast to a readjusted size of US$ 1970.6 million by 2030 with a CAGR of 4.6% during the forecast period 2024-2030
Global Static Var Compensator and Static Var Generator key players include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, etc. Global top four manufacturers hold a share about 50%.

China is the largest market, with a share over 35%, followed by United States and Europe, both have a share over 30 percent. 
In terms of product, SVG is the largest segment, with a share over 60%. And in terms of application, the largest application is Electric Utilities, followed by Renewable Energy, Industrial & Manufacturing, etc.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Static Var Generator (SVG) & Static Var Compensator (SVC), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Static Var Generator (SVG) & Static Var Compensator (SVC) by region & country, by Type, and by Application.

The Static Var Generator (SVG) & Static Var Compensator (SVC) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Var Generator (SVG) & Static Var Compensator (SVC).

Market Segmentation

Report Metric
Details
Report Title
Static Var Generator (SVG) & Static Var Compensator (SVC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 1970.6 million
CAGR(2024-2030)
4.6%
Market Size Available for Years
2019-2030
Global Static Var Generator (SVG) & Static Var Compensator (SVC) Companies Covered
ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, Mitsubishi Electric, Hitachi, Toshiba, S&C Electric, GE, Hangzhou Yinhu Electric, AMSC, Xian XD Power, Weihan, Ingeteam, Hengshun Zhongsheng, Sinexcel, Merus Power, Baoding Sifang Sanyi Electric, Xuji Group Corporation, Zhiguang Electric, Comsys AB, Beijing In-power Electric Co., Ltd, Surpass Sun Electric
Global Static Var Generator (SVG) & Static Var Compensator (SVC) Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Static Var Generator (SVG) & Static Var Compensator (SVC) Market, Segment by Type
GTO Type

IGBT Type

IGCT Type

SCR Type

GTR Type

MOSFET Type
Global Static Var Generator (SVG) & Static Var Compensator (SVC) Market, Segment by Application
Renewable Energy

Electric Utilities

Industrial & Manufacturing

Other
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Static Var Generator (SVG) & Static Var Compensator (SVC) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Static Var Generator (SVG) & Static Var Compensator (SVC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Static Var Generator (SVG) & Static Var Compensator (SVC) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Static Var Generator (SVG) & Static Var Compensator (SVC) Product Introduction
    1.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Market Size Forecast
        1.2.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030)
        1.2.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume (2019-2030)
        1.2.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Price (2019-2030)
    1.3 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Trends & Drivers
        1.3.1 Static Var Generator (SVG) & Static Var Compensator (SVC) Industry Trends
        1.3.2 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Drivers & Opportunity
        1.3.3 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Challenges
        1.3.4 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Players Revenue Ranking (2023)
    2.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Revenue by Company (2019-2024)
    2.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Players Sales Volume Ranking (2023)
    2.4 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Company Players (2019-2024)
    2.5 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Company (2019-2024)
    2.6 Key Manufacturers Static Var Generator (SVG) & Static Var Compensator (SVC) Manufacturing Base Distribution and Headquarters
    2.7 Key Manufacturers Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offered
    2.8 Key Manufacturers Time to Begin Mass Production of Static Var Generator (SVG) & Static Var Compensator (SVC)
    2.9 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Competitive Analysis
        2.9.1 Static Var Generator (SVG) & Static Var Compensator (SVC) Market Concentration Rate (2019-2024)
        2.9.2 Global 5 and 10 Largest Manufacturers by Static Var Generator (SVG) & Static Var Compensator (SVC) Revenue in 2023
        2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Static Var Generator (SVG) & Static Var Compensator (SVC) as of 2023)
    2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 GTO Type
        3.1.2 IGBT Type
        3.1.3 IGCT Type
        3.1.4 SCR Type
        3.1.5 GTR Type
        3.1.6 MOSFET Type
    3.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type
        3.2.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, by Type (2019-2030)
        3.2.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, by Type (%) (2019-2030)
    3.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type
        3.3.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type (2019 VS 2023 VS 2030)
        3.3.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, by Type (2019-2030)
        3.3.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, by Type (%) (2019-2030)
    3.4 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Type (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Renewable Energy
        4.1.2 Electric Utilities
        4.1.3 Industrial & Manufacturing
        4.1.4 Other
    4.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application
        4.2.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, by Application (2019-2030)
        4.2.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, by Application (%) (2019-2030)
    4.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application
        4.3.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application (2019 VS 2023 VS 2030)
        4.3.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, by Application (2019-2030)
        4.3.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, by Application (%) (2019-2030)
    4.4 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Application (2019-2030)

 5 Segmentation by Region
    5.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region
        5.1.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2019-2024)
        5.1.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2025-2030)
        5.1.4 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (%), (2019-2030)
    5.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region
        5.2.1 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region: 2019 VS 2023 VS 2030
        5.2.2 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2019-2024)
        5.2.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2025-2030)
        5.2.4 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (%), (2019-2030)
    5.3 Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Region (2019-2030)
    5.4 North America
        5.4.1 North America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        5.4.2 North America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    5.5 Europe
        5.5.1 Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        5.5.2 Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    5.6 Asia Pacific
        5.6.1 Asia Pacific Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        5.6.2 Asia Pacific Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    5.7 South America
        5.7.1 South America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        5.7.2 South America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    5.8 Middle East & Africa
        5.8.1 Middle East & Africa Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        5.8.2 Middle East & Africa Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value
        6.2.1 Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.2.2 Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, 2019-2030
    6.3 United States
        6.3.1 United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.3.2 United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.4.2 Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.5.2 China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.6.2 Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.7.2 South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.8.2 Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019-2030
        6.9.2 India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 ABB
        7.1.1 ABB Company Information
        7.1.2 ABB Introduction and Business Overview
        7.1.3 ABB Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.1.4 ABB Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.1.5 ABB Recent Development
    7.2 Siemens
        7.2.1 Siemens Company Information
        7.2.2 Siemens Introduction and Business Overview
        7.2.3 Siemens Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.2.4 Siemens Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.2.5 Siemens Recent Development
    7.3 Rongxin Power Electronic
        7.3.1 Rongxin Power Electronic Company Information
        7.3.2 Rongxin Power Electronic Introduction and Business Overview
        7.3.3 Rongxin Power Electronic Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.3.4 Rongxin Power Electronic Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.3.5 Rongxin Power Electronic Recent Development
    7.4 Sieyuan Electric
        7.4.1 Sieyuan Electric Company Information
        7.4.2 Sieyuan Electric Introduction and Business Overview
        7.4.3 Sieyuan Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.4.4 Sieyuan Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.4.5 Sieyuan Electric Recent Development
    7.5 Mitsubishi Electric
        7.5.1 Mitsubishi Electric Company Information
        7.5.2 Mitsubishi Electric Introduction and Business Overview
        7.5.3 Mitsubishi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.5.4 Mitsubishi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.5.5 Mitsubishi Electric Recent Development
    7.6 Hitachi
        7.6.1 Hitachi Company Information
        7.6.2 Hitachi Introduction and Business Overview
        7.6.3 Hitachi Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.6.4 Hitachi Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.6.5 Hitachi Recent Development
    7.7 Toshiba
        7.7.1 Toshiba Company Information
        7.7.2 Toshiba Introduction and Business Overview
        7.7.3 Toshiba Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.7.4 Toshiba Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.7.5 Toshiba Recent Development
    7.8 S&C Electric
        7.8.1 S&C Electric Company Information
        7.8.2 S&C Electric Introduction and Business Overview
        7.8.3 S&C Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.8.4 S&C Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.8.5 S&C Electric Recent Development
    7.9 GE
        7.9.1 GE Company Information
        7.9.2 GE Introduction and Business Overview
        7.9.3 GE Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.9.4 GE Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.9.5 GE Recent Development
    7.10 Hangzhou Yinhu Electric
        7.10.1 Hangzhou Yinhu Electric Company Information
        7.10.2 Hangzhou Yinhu Electric Introduction and Business Overview
        7.10.3 Hangzhou Yinhu Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.10.4 Hangzhou Yinhu Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.10.5 Hangzhou Yinhu Electric Recent Development
    7.11 AMSC
        7.11.1 AMSC Company Information
        7.11.2 AMSC Introduction and Business Overview
        7.11.3 AMSC Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.11.4 AMSC Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.11.5 AMSC Recent Development
    7.12 Xian XD Power
        7.12.1 Xian XD Power Company Information
        7.12.2 Xian XD Power Introduction and Business Overview
        7.12.3 Xian XD Power Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.12.4 Xian XD Power Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.12.5 Xian XD Power Recent Development
    7.13 Weihan
        7.13.1 Weihan Company Information
        7.13.2 Weihan Introduction and Business Overview
        7.13.3 Weihan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.13.4 Weihan Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.13.5 Weihan Recent Development
    7.14 Ingeteam
        7.14.1 Ingeteam Company Information
        7.14.2 Ingeteam Introduction and Business Overview
        7.14.3 Ingeteam Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.14.4 Ingeteam Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.14.5 Ingeteam Recent Development
    7.15 Hengshun Zhongsheng
        7.15.1 Hengshun Zhongsheng Company Information
        7.15.2 Hengshun Zhongsheng Introduction and Business Overview
        7.15.3 Hengshun Zhongsheng Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.15.4 Hengshun Zhongsheng Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.15.5 Hengshun Zhongsheng Recent Development
    7.16 Sinexcel
        7.16.1 Sinexcel Company Information
        7.16.2 Sinexcel Introduction and Business Overview
        7.16.3 Sinexcel Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.16.4 Sinexcel Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.16.5 Sinexcel Recent Development
    7.17 Merus Power
        7.17.1 Merus Power Company Information
        7.17.2 Merus Power Introduction and Business Overview
        7.17.3 Merus Power Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.17.4 Merus Power Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.17.5 Merus Power Recent Development
    7.18 Baoding Sifang Sanyi Electric
        7.18.1 Baoding Sifang Sanyi Electric Company Information
        7.18.2 Baoding Sifang Sanyi Electric Introduction and Business Overview
        7.18.3 Baoding Sifang Sanyi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.18.4 Baoding Sifang Sanyi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.18.5 Baoding Sifang Sanyi Electric Recent Development
    7.19 Xuji Group Corporation
        7.19.1 Xuji Group Corporation Company Information
        7.19.2 Xuji Group Corporation Introduction and Business Overview
        7.19.3 Xuji Group Corporation Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.19.4 Xuji Group Corporation Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.19.5 Xuji Group Corporation Recent Development
    7.20 Zhiguang Electric
        7.20.1 Zhiguang Electric Company Information
        7.20.2 Zhiguang Electric Introduction and Business Overview
        7.20.3 Zhiguang Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.20.4 Zhiguang Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.20.5 Zhiguang Electric Recent Development
    7.21 Comsys AB
        7.21.1 Comsys AB Company Information
        7.21.2 Comsys AB Introduction and Business Overview
        7.21.3 Comsys AB Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.21.4 Comsys AB Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.21.5 Comsys AB Recent Development
    7.22 Beijing In-power Electric Co., Ltd
        7.22.1 Beijing In-power Electric Co., Ltd Company Information
        7.22.2 Beijing In-power Electric Co., Ltd Introduction and Business Overview
        7.22.3 Beijing In-power Electric Co., Ltd Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.22.4 Beijing In-power Electric Co., Ltd Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.22.5 Beijing In-power Electric Co., Ltd Recent Development
    7.23 Surpass Sun Electric
        7.23.1 Surpass Sun Electric Company Information
        7.23.2 Surpass Sun Electric Introduction and Business Overview
        7.23.3 Surpass Sun Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales, Revenue and Gross Margin (2019-2024)
        7.23.4 Surpass Sun Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
        7.23.5 Surpass Sun Electric Recent Development

 8 Industry Chain Analysis
    8.1 Static Var Generator (SVG) & Static Var Compensator (SVC) Industrial Chain
    8.2 Static Var Generator (SVG) & Static Var Compensator (SVC) Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Model
        8.5.2 Sales Channel
        8.5.3 Static Var Generator (SVG) & Static Var Compensator (SVC) Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Static Var Generator (SVG) & Static Var Compensator (SVC) Market Trends
    Table 2. Static Var Generator (SVG) & Static Var Compensator (SVC) Market Drivers & Opportunity
    Table 3. Static Var Generator (SVG) & Static Var Compensator (SVC) Market Challenges
    Table 4. Static Var Generator (SVG) & Static Var Compensator (SVC) Market Restraints
    Table 5. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Revenue Market Share by Company (2019-2024)
    Table 7. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Company (2019-2024) & (K Units)
    Table 8. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume Market Share by Company (2019-2024)
    Table 9. Global Market Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Company (2019-2024) & (USD/Unit)
    Table 10. Key Manufacturers Static Var Generator (SVG) & Static Var Compensator (SVC) Manufacturing Base Distribution and Headquarters
    Table 11. Key Manufacturers Static Var Generator (SVG) & Static Var Compensator (SVC) Product Type
    Table 12. Key Manufacturers Time to Begin Mass Production of Static Var Generator (SVG) & Static Var Compensator (SVC)
    Table 13. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Static Var Generator (SVG) & Static Var Compensator (SVC) as of 2023)
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 17. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (2019-2024) & (US$ Million)
    Table 18. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (2025-2030) & (US$ Million)
    Table 19. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Value by Type (2019-2024) & (%)
    Table 20. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Value by Type (2025-2030) & (%)
    Table 21. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units)
    Table 22. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type (2019-2024) & (K Units)
    Table 23. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type (2025-2030) & (K Units)
    Table 24. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Volume by Type (2019-2024) & (%)
    Table 25. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Volume by Type (2025-2030) & (%)
    Table 26. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Type (2019-2024) & (USD/Unit)
    Table 27. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Type (2025-2030) & (USD/Unit)
    Table 28. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 29. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (2019-2024) & (US$ Million)
    Table 30. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (2025-2030) & (US$ Million)
    Table 31. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Value by Application (2019-2024) & (%)
    Table 32. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Value by Application (2025-2030) & (%)
    Table 33. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units)
    Table 34. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application (2019-2024) & (K Units)
    Table 35. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application (2025-2030) & (K Units)
    Table 36. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Volume by Application (2019-2024) & (%)
    Table 37. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Market Share in Volume by Application (2025-2030) & (%)
    Table 38. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Application (2019-2024) & (USD/Unit)
    Table 39. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Application (2025-2030) & (USD/Unit)
    Table 40. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 41. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2019-2024) & (US$ Million)
    Table 42. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2025-2030) & (US$ Million)
    Table 43. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2019-2024) & (%)
    Table 44. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Region (2025-2030) & (%)
    Table 45. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (K Units): 2019 VS 2023 VS 2030
    Table 46. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2019-2024) & (K Units)
    Table 47. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2025-2030) & (K Units)
    Table 48. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2019-2024) & (%)
    Table 49. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Region (2025-2030) & (%)
    Table 50. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Region (2019-2024) & (USD/Unit)
    Table 51. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Average Price by Region (2025-2030) & (USD/Unit)
    Table 52. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 53. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2024) & (US$ Million)
    Table 54. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2025-2030) & (US$ Million)
    Table 55. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, (2019-2024) & (K Units)
    Table 56. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume, (2025-2030) & (K Units)
    Table 57. ABB Company Information
    Table 58. ABB Introduction and Business Overview
    Table 59. ABB Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 60. ABB Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 61. ABB Recent Development
    Table 62. Siemens Company Information
    Table 63. Siemens Introduction and Business Overview
    Table 64. Siemens Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 65. Siemens Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 66. Siemens Recent Development
    Table 67. Rongxin Power Electronic Company Information
    Table 68. Rongxin Power Electronic Introduction and Business Overview
    Table 69. Rongxin Power Electronic Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 70. Rongxin Power Electronic Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 71. Rongxin Power Electronic Recent Development
    Table 72. Sieyuan Electric Company Information
    Table 73. Sieyuan Electric Introduction and Business Overview
    Table 74. Sieyuan Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 75. Sieyuan Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 76. Sieyuan Electric Recent Development
    Table 77. Mitsubishi Electric Company Information
    Table 78. Mitsubishi Electric Introduction and Business Overview
    Table 79. Mitsubishi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 80. Mitsubishi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 81. Mitsubishi Electric Recent Development
    Table 82. Hitachi Company Information
    Table 83. Hitachi Introduction and Business Overview
    Table 84. Hitachi Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 85. Hitachi Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 86. Hitachi Recent Development
    Table 87. Toshiba Company Information
    Table 88. Toshiba Introduction and Business Overview
    Table 89. Toshiba Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 90. Toshiba Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 91. Toshiba Recent Development
    Table 92. S&C Electric Company Information
    Table 93. S&C Electric Introduction and Business Overview
    Table 94. S&C Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 95. S&C Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 96. S&C Electric Recent Development
    Table 97. GE Company Information
    Table 98. GE Introduction and Business Overview
    Table 99. GE Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 100. GE Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 101. GE Recent Development
    Table 102. Hangzhou Yinhu Electric Company Information
    Table 103. Hangzhou Yinhu Electric Introduction and Business Overview
    Table 104. Hangzhou Yinhu Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 105. Hangzhou Yinhu Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 106. Hangzhou Yinhu Electric Recent Development
    Table 107. AMSC Company Information
    Table 108. AMSC Introduction and Business Overview
    Table 109. AMSC Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 110. AMSC Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 111. AMSC Recent Development
    Table 112. Xian XD Power Company Information
    Table 113. Xian XD Power Introduction and Business Overview
    Table 114. Xian XD Power Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 115. Xian XD Power Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 116. Xian XD Power Recent Development
    Table 117. Weihan Company Information
    Table 118. Weihan Introduction and Business Overview
    Table 119. Weihan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 120. Weihan Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 121. Weihan Recent Development
    Table 122. Ingeteam Company Information
    Table 123. Ingeteam Introduction and Business Overview
    Table 124. Ingeteam Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 125. Ingeteam Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 126. Ingeteam Recent Development
    Table 127. Hengshun Zhongsheng Company Information
    Table 128. Hengshun Zhongsheng Introduction and Business Overview
    Table 129. Hengshun Zhongsheng Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 130. Hengshun Zhongsheng Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 131. Hengshun Zhongsheng Recent Development
    Table 132. Sinexcel Company Information
    Table 133. Sinexcel Introduction and Business Overview
    Table 134. Sinexcel Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 135. Sinexcel Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 136. Sinexcel Recent Development
    Table 137. Merus Power Company Information
    Table 138. Merus Power Introduction and Business Overview
    Table 139. Merus Power Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 140. Merus Power Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 141. Merus Power Recent Development
    Table 142. Baoding Sifang Sanyi Electric Company Information
    Table 143. Baoding Sifang Sanyi Electric Introduction and Business Overview
    Table 144. Baoding Sifang Sanyi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 145. Baoding Sifang Sanyi Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 146. Baoding Sifang Sanyi Electric Recent Development
    Table 147. Xuji Group Corporation Company Information
    Table 148. Xuji Group Corporation Introduction and Business Overview
    Table 149. Xuji Group Corporation Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 150. Xuji Group Corporation Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 151. Xuji Group Corporation Recent Development
    Table 152. Zhiguang Electric Company Information
    Table 153. Zhiguang Electric Introduction and Business Overview
    Table 154. Zhiguang Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 155. Zhiguang Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 156. Zhiguang Electric Recent Development
    Table 157. Comsys AB Company Information
    Table 158. Comsys AB Introduction and Business Overview
    Table 159. Comsys AB Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 160. Comsys AB Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 161. Comsys AB Recent Development
    Table 162. Beijing In-power Electric Co., Ltd Company Information
    Table 163. Beijing In-power Electric Co., Ltd Introduction and Business Overview
    Table 164. Beijing In-power Electric Co., Ltd Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 165. Beijing In-power Electric Co., Ltd Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 166. Beijing In-power Electric Co., Ltd Recent Development
    Table 167. Surpass Sun Electric Company Information
    Table 168. Surpass Sun Electric Introduction and Business Overview
    Table 169. Surpass Sun Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
    Table 170. Surpass Sun Electric Static Var Generator (SVG) & Static Var Compensator (SVC) Product Offerings
    Table 171. Surpass Sun Electric Recent Development
    Table 172. Key Raw Materials Lists
    Table 173. Raw Materials Key Suppliers Lists
    Table 174. Static Var Generator (SVG) & Static Var Compensator (SVC) Downstream Customers
    Table 175. Static Var Generator (SVG) & Static Var Compensator (SVC) Distributors List
    Table 176. Research Programs/Design for This Report
    Table 177. Key Data Information from Secondary Sources
    Table 178. Key Data Information from Primary Sources
List of Figures
    Figure 1. Static Var Generator (SVG) & Static Var Compensator (SVC) Product Picture
    Figure 2. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 4. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume (2019-2030) & (K Units)
    Figure 5. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Price (2019-2030) & (USD/Unit)
    Figure 6. Static Var Generator (SVG) & Static Var Compensator (SVC) Report Years Considered
    Figure 7. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Players Revenue Ranking (2023) & (US$ Million)
    Figure 8. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Players Sales Volume Ranking (2023) & (K Units)
    Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Static Var Generator (SVG) & Static Var Compensator (SVC) Revenue in 2023
    Figure 10. Static Var Generator (SVG) & Static Var Compensator (SVC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 11. GTO Type Picture
    Figure 12. IGBT Type Picture
    Figure 13. IGCT Type Picture
    Figure 14. SCR Type Picture
    Figure 15. GTR Type Picture
    Figure 16. MOSFET Type Picture
    Figure 17. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 18. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value Market Share by Type, 2023 & 2030
    Figure 19. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units)
    Figure 20. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume Market Share by Type, 2023 & 2030
    Figure 21. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Type (2019-2030) & (USD/Unit)
    Figure 22. Product Picture of Renewable Energy
    Figure 23. Product Picture of Electric Utilities
    Figure 24. Product Picture of Industrial & Manufacturing
    Figure 25. Product Picture of Other
    Figure 26. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 27. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value Market Share by Application, 2023 & 2030
    Figure 28. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units)
    Figure 29. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume Market Share by Application, 2023 & 2030
    Figure 30. Global Static Var Generator (SVG) & Static Var Compensator (SVC) Price by Application (2019-2030) & (USD/Unit)
    Figure 31. North America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 32. North America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    Figure 33. Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 34. Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    Figure 35. Asia Pacific Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 36. Asia Pacific Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    Figure 37. South America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 38. South America Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    Figure 39. Middle East & Africa Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (2019-2030) & (US$ Million)
    Figure 40. Middle East & Africa Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Country (%), 2023 VS 2030
    Figure 41. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value (%), (2019-2030)
    Figure 42. Key Countries/Regions Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Volume (%), (2019-2030)
    Figure 43. United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 44. United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 45. United States Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 46. Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 47. Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 48. Europe Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 49. China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 50. China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 51. China Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 52. Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 53. Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 54. Japan Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 55. South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 56. South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 57. South Korea Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 58. Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 59. Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 60. Southeast Asia Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 61. India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value, (2019-2030) & (US$ Million)
    Figure 62. India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Type (%), 2023 VS 2030
    Figure 63. India Static Var Generator (SVG) & Static Var Compensator (SVC) Sales Value by Application (%), 2023 VS 2030
    Figure 64. Static Var Generator (SVG) & Static Var Compensator (SVC) Industrial Chain
    Figure 65. Static Var Generator (SVG) & Static Var Compensator (SVC) Manufacturing Cost Structure
    Figure 66. Channels of Distribution (Direct Sales, and Distribution)
    Figure 67. Bottom-up and Top-down Approaches for This Report
    Figure 68. Data Triangulation
    Figure 69. Key Executives Interviewed

Description

A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear).

SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.

The global market for Static Var Generator (SVG) & Static Var Compensator (SVC) was estimated to be worth US$ 1429 million in 2023 and is forecast to a readjusted size of US$ 1970.6 million by 2030 with a CAGR of 4.6% during the forecast period 2024-2030
Global Static Var Compensator and Static Var Generator key players include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, etc. Global top four manufacturers hold a share about 50%.

China is the largest market, with a share over 35%, followed by United States and Europe, both have a share over 30 percent. 
In terms of product, SVG is the largest segment, with a share over 60%. And in terms of application, the largest application is Electric Utilities, followed by Renewable Energy, Industrial & Manufacturing, etc.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Static Var Generator (SVG) & Static Var Compensator (SVC), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Static Var Generator (SVG) & Static Var Compensator (SVC) by region & country, by Type, and by Application.

The Static Var Generator (SVG) & Static Var Compensator (SVC) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Static Var Generator (SVG) & Static Var Compensator (SVC).

Market Segmentation