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Machinery & Equipment Global Static Var Generator (SVG) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4619470
    • |
  • 26 September, 2024
    • |
  • Global
    • |
  • 122 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Machinery & Equipment

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 Static Var Generator (SVG) market size was valued at US$ 858 million in 2023 and is forecast to a readjusted size of USD 1210 million by 2030 with a CAGR of 5.1% during review period.
Currently, there are many producing companies in the world. The main market players are Hitachi ABB, Siemens, Rongxin, Sieyuan Electric, Xin Fengguang etc.
China now is the largest production of Static Var Generator (SVG), with a production market share nearly 55.94% in 2019. The Static Var Generator (SVG) price of Chinese producers is generally low.
Static Var Generator (SVG) used in industry including Renewable Energy, Electric Utilities, Industrial & Manufacturing and Others. Report data showed that 47.03% of the Static Var Generator (SVG) market demand in Electric Utilities, 28.94% in Renewable Energy in 2019.
There are two kinds’ productions constituting the Static Var Generator (SVG), which are Low Voltage SVG, High Voltage SVG. High Voltage SVG is important in the Static Var Generator (SVG), with a production value market share nearly 83.72% in 2019.
Static Var Generator (SVG) is widely used in metallurgy, power, coal, non-ferrous metals, electrified railway and other key energy consumption industries. In the next few years, Static Var Generator (SVG) is growing fast.
This report is a detailed and comprehensive analysis for global Static Var Generator (SVG) 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 Static Var Generator (SVG) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Static Var Generator (SVG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Static Var Generator (SVG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Static Var Generator (SVG) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 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 Static Var Generator (SVG)
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 Static Var Generator (SVG) 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 Siemens, Hitachi ABB, Mitsubishi Electric, GE, AMSC, NR Electric Co., Ltd., Xin Fengguang, Sieyuan Electric, Rongxin Power Electronic Co., Ltd, Taikai Power Electronic, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Static Var Generator (SVG) 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
Low Voltage SVG
High Voltage SVG
Market segment by Application
Electric Utilities
Renewable Energy
Industrial & Manufacturing
Others
Major players covered
Siemens
Hitachi ABB
Mitsubishi Electric
GE
AMSC
NR Electric Co., Ltd.
Xin Fengguang
Sieyuan Electric
Rongxin Power Electronic Co., Ltd
Taikai Power Electronic
TBEA
XJ Group
Hopewind
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 Static Var Generator (SVG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Static Var Generator (SVG), with price, sales quantity, revenue, and global market share of Static Var Generator (SVG) from 2019 to 2024.
Chapter 3, the Static Var Generator (SVG) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Static Var Generator (SVG) 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 Static Var Generator (SVG) 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 Static Var Generator (SVG).
Chapter 14 and 15, to describe Static Var Generator (SVG) sales channel, distributors, customers, research findings and conclusion.


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 Static Var Generator (SVG) Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Low Voltage SVG
    • 1.3.3 High Voltage SVG
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Static Var Generator (SVG) 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 Static Var Generator (SVG) Market Size & Forecast
    • 1.5.1 Global Static Var Generator (SVG) Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Static Var Generator (SVG) Sales Quantity (2019-2030)
    • 1.5.3 Global Static Var Generator (SVG) Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Siemens
    • 2.1.1 Siemens Details
    • 2.1.2 Siemens Major Business
    • 2.1.3 Siemens Static Var Generator (SVG) Product and Services
    • 2.1.4 Siemens Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Siemens Recent Developments/Updates
  • 2.2 Hitachi ABB
    • 2.2.1 Hitachi ABB Details
    • 2.2.2 Hitachi ABB Major Business
    • 2.2.3 Hitachi ABB Static Var Generator (SVG) Product and Services
    • 2.2.4 Hitachi ABB Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Hitachi ABB Recent Developments/Updates
  • 2.3 Mitsubishi Electric
    • 2.3.1 Mitsubishi Electric Details
    • 2.3.2 Mitsubishi Electric Major Business
    • 2.3.3 Mitsubishi Electric Static Var Generator (SVG) Product and Services
    • 2.3.4 Mitsubishi Electric Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Mitsubishi Electric Recent Developments/Updates
  • 2.4 GE
    • 2.4.1 GE Details
    • 2.4.2 GE Major Business
    • 2.4.3 GE Static Var Generator (SVG) Product and Services
    • 2.4.4 GE Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 GE Recent Developments/Updates
  • 2.5 AMSC
    • 2.5.1 AMSC Details
    • 2.5.2 AMSC Major Business
    • 2.5.3 AMSC Static Var Generator (SVG) Product and Services
    • 2.5.4 AMSC Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 AMSC Recent Developments/Updates
  • 2.6 NR Electric Co., Ltd.
    • 2.6.1 NR Electric Co., Ltd. Details
    • 2.6.2 NR Electric Co., Ltd. Major Business
    • 2.6.3 NR Electric Co., Ltd. Static Var Generator (SVG) Product and Services
    • 2.6.4 NR Electric Co., Ltd. Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 NR Electric Co., Ltd. Recent Developments/Updates
  • 2.7 Xin Fengguang
    • 2.7.1 Xin Fengguang Details
    • 2.7.2 Xin Fengguang Major Business
    • 2.7.3 Xin Fengguang Static Var Generator (SVG) Product and Services
    • 2.7.4 Xin Fengguang Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Xin Fengguang Recent Developments/Updates
  • 2.8 Sieyuan Electric
    • 2.8.1 Sieyuan Electric Details
    • 2.8.2 Sieyuan Electric Major Business
    • 2.8.3 Sieyuan Electric Static Var Generator (SVG) Product and Services
    • 2.8.4 Sieyuan Electric Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Sieyuan Electric Recent Developments/Updates
  • 2.9 Rongxin Power Electronic Co., Ltd
    • 2.9.1 Rongxin Power Electronic Co., Ltd Details
    • 2.9.2 Rongxin Power Electronic Co., Ltd Major Business
    • 2.9.3 Rongxin Power Electronic Co., Ltd Static Var Generator (SVG) Product and Services
    • 2.9.4 Rongxin Power Electronic Co., Ltd Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Rongxin Power Electronic Co., Ltd Recent Developments/Updates
  • 2.10 Taikai Power Electronic
    • 2.10.1 Taikai Power Electronic Details
    • 2.10.2 Taikai Power Electronic Major Business
    • 2.10.3 Taikai Power Electronic Static Var Generator (SVG) Product and Services
    • 2.10.4 Taikai Power Electronic Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Taikai Power Electronic Recent Developments/Updates
  • 2.11 TBEA
    • 2.11.1 TBEA Details
    • 2.11.2 TBEA Major Business
    • 2.11.3 TBEA Static Var Generator (SVG) Product and Services
    • 2.11.4 TBEA Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 TBEA Recent Developments/Updates
  • 2.12 XJ Group
    • 2.12.1 XJ Group Details
    • 2.12.2 XJ Group Major Business
    • 2.12.3 XJ Group Static Var Generator (SVG) Product and Services
    • 2.12.4 XJ Group Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 XJ Group Recent Developments/Updates
  • 2.13 Hopewind
    • 2.13.1 Hopewind Details
    • 2.13.2 Hopewind Major Business
    • 2.13.3 Hopewind Static Var Generator (SVG) Product and Services
    • 2.13.4 Hopewind Static Var Generator (SVG) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Hopewind Recent Developments/Updates

3 Competitive Environment: Static Var Generator (SVG) by Manufacturer

  • 3.1 Global Static Var Generator (SVG) Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Static Var Generator (SVG) Revenue by Manufacturer (2019-2024)
  • 3.3 Global Static Var Generator (SVG) Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Static Var Generator (SVG) by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Static Var Generator (SVG) Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Static Var Generator (SVG) Manufacturer Market Share in 2023
  • 3.5 Static Var Generator (SVG) Market: Overall Company Footprint Analysis
    • 3.5.1 Static Var Generator (SVG) Market: Region Footprint
    • 3.5.2 Static Var Generator (SVG) Market: Company Product Type Footprint
    • 3.5.3 Static Var Generator (SVG) 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 Static Var Generator (SVG) Market Size by Region
    • 4.1.1 Global Static Var Generator (SVG) Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Static Var Generator (SVG) Consumption Value by Region (2019-2030)
    • 4.1.3 Global Static Var Generator (SVG) Average Price by Region (2019-2030)
  • 4.2 North America Static Var Generator (SVG) Consumption Value (2019-2030)
  • 4.3 Europe Static Var Generator (SVG) Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Static Var Generator (SVG) Consumption Value (2019-2030)
  • 4.5 South America Static Var Generator (SVG) Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Static Var Generator (SVG) Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 5.2 Global Static Var Generator (SVG) Consumption Value by Type (2019-2030)
  • 5.3 Global Static Var Generator (SVG) Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 6.2 Global Static Var Generator (SVG) Consumption Value by Application (2019-2030)
  • 6.3 Global Static Var Generator (SVG) Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 7.2 North America Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 7.3 North America Static Var Generator (SVG) Market Size by Country
    • 7.3.1 North America Static Var Generator (SVG) Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Static Var Generator (SVG) 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 Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 8.2 Europe Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 8.3 Europe Static Var Generator (SVG) Market Size by Country
    • 8.3.1 Europe Static Var Generator (SVG) Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Static Var Generator (SVG) 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 Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Static Var Generator (SVG) Market Size by Region
    • 9.3.1 Asia-Pacific Static Var Generator (SVG) Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Static Var Generator (SVG) 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 Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 10.2 South America Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 10.3 South America Static Var Generator (SVG) Market Size by Country
    • 10.3.1 South America Static Var Generator (SVG) Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Static Var Generator (SVG) 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 Static Var Generator (SVG) Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Static Var Generator (SVG) Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Static Var Generator (SVG) Market Size by Country
    • 11.3.1 Middle East & Africa Static Var Generator (SVG) Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Static Var Generator (SVG) 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 Static Var Generator (SVG) Market Drivers
  • 12.2 Static Var Generator (SVG) Market Restraints
  • 12.3 Static Var Generator (SVG) 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 Static Var Generator (SVG) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Static Var Generator (SVG)
  • 13.3 Static Var Generator (SVG) 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 Static Var Generator (SVG) Typical Distributors
  • 14.3 Static Var Generator (SVG) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Static Var Generator (SVG). Industry analysis & Market Report on Static Var Generator (SVG) is a syndicated market report, published as Global Static Var Generator (SVG) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Static Var Generator (SVG) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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