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City of Industry, CA -- (SBWire) -- 08/20/2018 --This report presents the worldwide Static VAR Compensator (SVC) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks.

The SVC is An Automated Impedance Matching Device, Designed To Bring The System Closer To Unity Power Factor. SVCs Are Used In Two Main Situations: Connected To The Power System, to Regulate The Transmission Voltage ("Transmission SVC"), connected Near Large Industrial Loads, to Improve Power Quality ("Industrial SVC").

The Static VAR Compensator (SVC) market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Static VAR Compensator (SVC).

The following manufacturers are covered in this report:

ABB

General Electric

Siemens

Mitsubishi Electric

Eaton

American Electric Power

Hyosung

Rongxin Power Electronic

American Superconductor

Nr Electric

Static VAR Compensator (SVC) Breakdown Data by Type

by Type

Thyristor-based

MCR-based

by Component

Power electronic device

Harmonic filter

Thyristor

Reactor

Capacitor bank

GIS switchgear

Phase shifting transformer (PST)

Surge arrester

Control protection system

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Static VAR Compensator (SVC) Breakdown Data by Application

Transmission SVC

Industrial SVC

Static VAR Compensator (SVC) Production by Region

United States

Europe

China

Japan

Other Regions

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