Gate Bipolar Transistors STATCOM Industry Projected to Reach 1080 Million US$ by 2025

The global Gate Bipolar Transistors STATCOM market is valued at 690 million US$ in 2017 and will reach 1080 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2018-2025.

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City of Industry, CA -- (SBWire) -- 08/10/2018 --This report studies the global Gate Bipolar Transistors STATCOM market status and forecast, categorizes the global Gate Bipolar Transistors STATCOM market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

STATCOM or Static Synchronous Compensator (STATCOM is also called Static Var Generator, SVG) 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. FACTS-based power conversion equipment generally used full-controlled devices, mainly choose GTO, modified GTO (IGBT, MTO, ETO) and (HV) IGBT and other devices.

This report focuses IGBT based STATCOM.

Europe is the largest production of Gate Bipolar Transistors STATCOM, with a production revenue market share nearly 33.26% in 2017.

The second place is China; following Europe with the production revenue market share over 32.99% in 2017. The Gate Bipolar Transistors STATCOM price of Chinese producers is generally low.

North America is another important production market of Gate Bipolar Transistors STATCOM.

The global Gate Bipolar Transistors STATCOM market is valued at 690 million US$ in 2017 and will reach 1080 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2018-2025.

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The major manufacturers covered in this report

ABB

Siemens

Rongxin

Sieyuan Electric

Hitachi

Mitsubishi Electric

S&C Electric

GE

AMSC

Ingeteam

Beijing In-power Electric Co., Ltd

Comsys AB

Merus Power

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Low Voltage STATCOM

High Voltage STATCOM

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Renewable Energy

Electric Utilities

Industrial & Manufacturing

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