“Static Var Compensator Market” 2018-2026 report is a professional study on the current state of the market that focuses on the major drivers, challenges, opportunities for the leading players. The research report also offers a granular analysis of various definitions, and classification of the industry, applications of the industry, regional breakdown, opportunities, challenges, and chain structure.
About Static Var Compensator Market
Static VAR compensator, also referred to as SVC, is a power electronic tool used to control the voltage in transmission lines and improve the power quality in large industrial sectors. A SVC increases the power transmission capacity of electricity transmission networks, improves load factor, and keeps the electricity system stable against the fluctuating voltages. Static VAR compensator is required in wind power grid and solar farms to regulate the reactive power generated and eventually decrease the voltage fluctuations.The increasing awareness about renewable sources of energy such as solar & wind, and the need of such energy are driving the growth of the global static VAR compensator market.
According to the data released by the International Renewable Energy Agency (IRENA), in 2017, the global production of electricity produced from renewable energy sources reached around 2,179 GW, recording a growth of 8.3% over the previous year. Such growth in the renewable energy production along with the need for constant & reliable power supply, which is delivered with the help of SVC, is fuelling the growth of the market.However, high cost of SVCs, high political intervention, and lack of awareness about MCR based SVCs are hampering the growth of the global static VAR compensator market.
Market Summary:
The Static Var Compensator market is a comprehensive report which offers a meticulous overview of the market share, size, trends, demand, product analysis, application analysis, regional outlook, competitive strategies, forecasts, and strategies impacting the Static Var Compensator Industry. The report includes a detailed analysis of the market competitive landscape, with the help of detailed business profiles, SWOT analysis, project feasibility analysis, and several other details about the key companies operating in the market.
The study on the worldwide Static Var Compensator market strives to offer substantial and profound insights into the current market scenario and the developing growth dynamics. Moreover, the report also provides the market players along with the new contenders a complete view of the market landscape. The inclusive research will enable the well-established as well as the entry-level players to establish their business strategies and accomplish their short-term and long-term goals.
Scope and Segmentation of the Report
The segment analysis is one of the significant sections of this report. Our expert analyst has categorized the market into product type, application/end-user, and geography. All the segments are analyzed based on their market share, growth rate, and growth potential. In the geographical classification, the report highlights the regional markets having high growth potential. This thorough evaluation of the segments would help the players to focus on revenue-generating areas of the Static Var Compensator market.
Based on Type
Thyristor based
MCR based
Based on Application
Application 1
Application 2
Regional Analysis
Our analysts are experts in covering all types of geographical markets from developing to mature ones. You can expect a comprehensive research analysis of key regional and country-level markets such as Europe, North America, South America, Asia-Pacific, and the Middle East & Africa. With accurate statistical patterns and regional classification, our domain experts provide you one of the most detailed and easily understandable regional analyses of the Static Var Compensator market.
Competitive Landscape:
The research report also studied the key players operating in the Static Var Compensator market. It has evaluated and explained the research & development stages of these companies, their financial performances, and their expansion plans for the coming years. Moreover, the research report also includes the list of planned initiatives that clearly explain the accomplishments of the companies in the recent past.
Company Coverage (Sales Revenue, Price, Gross Margin, Main Products, etc.):
Mitsubishi Electric Corp.
Rongxin Power Electronic Co. Ltd.
ABB Ltd.
NR Electric Co. Ltd.
General Electric
American Superconductor Corp.
Eaton Corp plc
American Electric Power
Siemens AG
Hyosung
Research Methodology
The research methodology of the market is based on both primary as well as secondary research data sources. It compels different factors affecting the Static Var Compensator industry such as historical data and market trends, different policies of the government, market environment, market risk factors, market restraints, technological advancements, forthcoming innovations, and obstacles in the industry.
The content of the study subjects includes a total of 8 chapters:
Chapter 1, describe the Static Var Compensator market report’s – executive summary, market definition, and market scope. Moreover, the report helps in picking up the crucial information about the said market.
Chapter 2, defines the Research Methodology including primary research, assumptions & exclusions, and secondary data sources. The report follows the simultaneous top-down and bottom approach to provide you the accurate market sizing.
Chapter 3, explains the report segmentation & scope, key market trends (drivers, restraints, and opportunities), along with Porter’s five forces analysis and market share analysis
Chapter 4: It helps in understanding the key product segments and their future of the Static Var Compensator Market. It provides strategic recommendations in key business segments based on the market estimations.
Chapters 5, and 6 to segment the sales by type and application/end-user, with sales market share and growth rate by type, application/end-user, from 2018 to 2016. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate segmentation data and analysis.
Chapter 7, describes the regional segmentation based on the country level for the forecast period 2018 – 2026. The research report not only provide the market data of the five geographies but also provide the qualitative as well we qualitative information on country level bifurcation.
Chapter 8, to profile the top manufacturers of Static Var Compensator, with price, sales, revenue and market share of Static Var Compensator in 2016, 2017, and 2018. Players are expected to sign acquisition and collaboration deals to expand their products and services portfolio. Such strategic agreements could help them to improve their client base in other countries and gain a competitive advantage
Summary:
Get latest Market Research Reports on Static VAR Compensator . Industry analysis & Market Report on Static VAR Compensator is a syndicated market report, published as Static VAR Compensator Market By Type (Thyristor based, MCR based), By Component (GIS switchgear, Phase shifting transformer, Control protection system, Harmonic filter, Thyristor, Reactor), By End User (Electric Utility, Wind power grid, Solar farm, Railway, Steel Industry, Mining Industry, Oil & Gas Industry), Industry Trends, Estimation & Forecast, 2017 - 2025. It is complete Research Study and Industry Analysis of Static VAR Compensator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.