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Global STATCOM Systems Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global STATCOM Systems Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 High Voltage STATCOM
    • 1.3.3 Low Voltage STATCOM
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global STATCOM Systems Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Electric Utilities
    • 1.4.3 Renewable Energy
    • 1.4.4 Industrial & Manufacturing
    • 1.4.5 Others
  • 1.5 Global STATCOM Systems Market Size & Forecast
    • 1.5.1 Global STATCOM Systems Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global STATCOM Systems Sales Quantity (2019-2030)
    • 1.5.3 Global STATCOM Systems Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Hitachi
    • 2.1.1 Hitachi Details
    • 2.1.2 Hitachi Major Business
    • 2.1.3 Hitachi STATCOM Systems Product and Services
    • 2.1.4 Hitachi STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Hitachi Recent Developments/Updates
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens STATCOM Systems Product and Services
    • 2.2.4 Siemens STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Siemens Recent Developments/Updates
  • 2.3 Windsun Science Technology
    • 2.3.1 Windsun Science Technology Details
    • 2.3.2 Windsun Science Technology Major Business
    • 2.3.3 Windsun Science Technology STATCOM Systems Product and Services
    • 2.3.4 Windsun Science Technology STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Windsun Science Technology Recent Developments/Updates
  • 2.4 Liaoning Rongxin Xingye Power
    • 2.4.1 Liaoning Rongxin Xingye Power Details
    • 2.4.2 Liaoning Rongxin Xingye Power Major Business
    • 2.4.3 Liaoning Rongxin Xingye Power STATCOM Systems Product and Services
    • 2.4.4 Liaoning Rongxin Xingye Power STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Liaoning Rongxin Xingye Power Recent Developments/Updates
  • 2.5 Sieyuan Electric
    • 2.5.1 Sieyuan Electric Details
    • 2.5.2 Sieyuan Electric Major Business
    • 2.5.3 Sieyuan Electric STATCOM Systems Product and Services
    • 2.5.4 Sieyuan Electric STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Sieyuan Electric Recent Developments/Updates
  • 2.6 TBEA
    • 2.6.1 TBEA Details
    • 2.6.2 TBEA Major Business
    • 2.6.3 TBEA STATCOM Systems Product and Services
    • 2.6.4 TBEA STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 TBEA Recent Developments/Updates
  • 2.7 Mitsubishi Electric
    • 2.7.1 Mitsubishi Electric Details
    • 2.7.2 Mitsubishi Electric Major Business
    • 2.7.3 Mitsubishi Electric STATCOM Systems Product and Services
    • 2.7.4 Mitsubishi Electric STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Mitsubishi Electric Recent Developments/Updates
  • 2.8 GE
    • 2.8.1 GE Details
    • 2.8.2 GE Major Business
    • 2.8.3 GE STATCOM Systems Product and Services
    • 2.8.4 GE STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 GE Recent Developments/Updates
  • 2.9 Nari Technology
    • 2.9.1 Nari Technology Details
    • 2.9.2 Nari Technology Major Business
    • 2.9.3 Nari Technology STATCOM Systems Product and Services
    • 2.9.4 Nari Technology STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Nari Technology Recent Developments/Updates
  • 2.10 Shandong Taikai Power Electronic
    • 2.10.1 Shandong Taikai Power Electronic Details
    • 2.10.2 Shandong Taikai Power Electronic Major Business
    • 2.10.3 Shandong Taikai Power Electronic STATCOM Systems Product and Services
    • 2.10.4 Shandong Taikai Power Electronic STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Shandong Taikai Power Electronic Recent Developments/Updates
  • 2.11 Shenzhen Hopewind Electric
    • 2.11.1 Shenzhen Hopewind Electric Details
    • 2.11.2 Shenzhen Hopewind Electric Major Business
    • 2.11.3 Shenzhen Hopewind Electric STATCOM Systems Product and Services
    • 2.11.4 Shenzhen Hopewind Electric STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Shenzhen Hopewind Electric Recent Developments/Updates
  • 2.12 American Superconductor
    • 2.12.1 American Superconductor Details
    • 2.12.2 American Superconductor Major Business
    • 2.12.3 American Superconductor STATCOM Systems Product and Services
    • 2.12.4 American Superconductor STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 American Superconductor Recent Developments/Updates
  • 2.13 Ingeteam
    • 2.13.1 Ingeteam Details
    • 2.13.2 Ingeteam Major Business
    • 2.13.3 Ingeteam STATCOM Systems Product and Services
    • 2.13.4 Ingeteam STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Ingeteam Recent Developments/Updates
  • 2.14 Beijing In-power Electric
    • 2.14.1 Beijing In-power Electric Details
    • 2.14.2 Beijing In-power Electric Major Business
    • 2.14.3 Beijing In-power Electric STATCOM Systems Product and Services
    • 2.14.4 Beijing In-power Electric STATCOM Systems Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Beijing In-power Electric Recent Developments/Updates

3 Competitive Environment: STATCOM Systems by Manufacturer

  • 3.1 Global STATCOM Systems Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global STATCOM Systems Revenue by Manufacturer (2019-2024)
  • 3.3 Global STATCOM Systems Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of STATCOM Systems by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 STATCOM Systems Manufacturer Market Share in 2023
    • 3.4.3 Top 6 STATCOM Systems Manufacturer Market Share in 2023
  • 3.5 STATCOM Systems Market: Overall Company Footprint Analysis
    • 3.5.1 STATCOM Systems Market: Region Footprint
    • 3.5.2 STATCOM Systems Market: Company Product Type Footprint
    • 3.5.3 STATCOM Systems Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global STATCOM Systems Market Size by Region
    • 4.1.1 Global STATCOM Systems Sales Quantity by Region (2019-2030)
    • 4.1.2 Global STATCOM Systems Consumption Value by Region (2019-2030)
    • 4.1.3 Global STATCOM Systems Average Price by Region (2019-2030)
  • 4.2 North America STATCOM Systems Consumption Value (2019-2030)
  • 4.3 Europe STATCOM Systems Consumption Value (2019-2030)
  • 4.4 Asia-Pacific STATCOM Systems Consumption Value (2019-2030)
  • 4.5 South America STATCOM Systems Consumption Value (2019-2030)
  • 4.6 Middle East & Africa STATCOM Systems Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global STATCOM Systems Sales Quantity by Type (2019-2030)
  • 5.2 Global STATCOM Systems Consumption Value by Type (2019-2030)
  • 5.3 Global STATCOM Systems Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global STATCOM Systems Sales Quantity by Application (2019-2030)
  • 6.2 Global STATCOM Systems Consumption Value by Application (2019-2030)
  • 6.3 Global STATCOM Systems Average Price by Application (2019-2030)

7 North America

  • 7.1 North America STATCOM Systems Sales Quantity by Type (2019-2030)
  • 7.2 North America STATCOM Systems Sales Quantity by Application (2019-2030)
  • 7.3 North America STATCOM Systems Market Size by Country
    • 7.3.1 North America STATCOM Systems Sales Quantity by Country (2019-2030)
    • 7.3.2 North America STATCOM Systems Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe STATCOM Systems Sales Quantity by Type (2019-2030)
  • 8.2 Europe STATCOM Systems Sales Quantity by Application (2019-2030)
  • 8.3 Europe STATCOM Systems Market Size by Country
    • 8.3.1 Europe STATCOM Systems Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe STATCOM Systems Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific STATCOM Systems Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific STATCOM Systems Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific STATCOM Systems Market Size by Region
    • 9.3.1 Asia-Pacific STATCOM Systems Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific STATCOM Systems Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America STATCOM Systems Sales Quantity by Type (2019-2030)
  • 10.2 South America STATCOM Systems Sales Quantity by Application (2019-2030)
  • 10.3 South America STATCOM Systems Market Size by Country
    • 10.3.1 South America STATCOM Systems Sales Quantity by Country (2019-2030)
    • 10.3.2 South America STATCOM Systems Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa STATCOM Systems Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa STATCOM Systems Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa STATCOM Systems Market Size by Country
    • 11.3.1 Middle East & Africa STATCOM Systems Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa STATCOM Systems Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 STATCOM Systems Market Drivers
  • 12.2 STATCOM Systems Market Restraints
  • 12.3 STATCOM Systems Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of STATCOM Systems and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of STATCOM Systems
  • 13.3 STATCOM Systems Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 STATCOM Systems Typical Distributors
  • 14.3 STATCOM Systems Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    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.
    According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
    According to our (Global Info Research) latest study, the global STATCOM Systems market size was valued at US$ 936 million in 2023 and is forecast to a readjusted size of USD 1248 million by 2030 with a CAGR of 4.4% during review period.
    This report is a detailed and comprehensive analysis for global STATCOM Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
    Key Features:
    Global STATCOM Systems market size and forecasts, in consumption value ($ Million), sales quantity (Mvar), and average selling prices (US$/Mvar), 2019-2030
    Global STATCOM Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Mvar), and average selling prices (US$/Mvar), 2019-2030
    Global STATCOM Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Mvar), and average selling prices (US$/Mvar), 2019-2030
    Global STATCOM Systems market shares of main players, shipments in revenue ($ Million), sales quantity (Mvar), and ASP (US$/Mvar), 2019-2024
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for STATCOM Systems
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global STATCOM Systems market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power, Sieyuan Electric, TBEA, Mitsubishi Electric, GE, Nari Technology, Shandong Taikai Power Electronic, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    STATCOM Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    High Voltage STATCOM
    Low Voltage STATCOM
    Market segment by Application
    Electric Utilities
    Renewable Energy
    Industrial & Manufacturing
    Others
    Major players covered
    Hitachi
    Siemens
    Windsun Science Technology
    Liaoning Rongxin Xingye Power
    Sieyuan Electric
    TBEA
    Mitsubishi Electric
    GE
    Nari Technology
    Shandong Taikai Power Electronic
    Shenzhen Hopewind Electric
    American Superconductor
    Ingeteam
    Beijing In-power Electric
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe STATCOM Systems product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of STATCOM Systems, with price, sales quantity, revenue, and global market share of STATCOM Systems from 2019 to 2024.
    Chapter 3, the STATCOM Systems competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the STATCOM Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and STATCOM Systems market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of STATCOM Systems.
    Chapter 14 and 15, to describe STATCOM Systems sales channel, distributors, customers, research findings and conclusion.

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