City of Industry, CA -- (SBWIRE) -- 08/10/2018 -- This report studies the global Static Var Compensator and Static Var Generator market status and forecast, categorizes the global Static Var Compensator and Static Var Generator market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear).

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.

China is the largest production of Static Var Compensator and Static Var Generator, with a revenue market share nearly 34.81% in 2017.

The second place is Europe; following China with the revenue market share over 18.33% in 2017. The Static Var Compensator and Static Var Generator price of Chinese producers is generally low.

United States is another important production market of Static Var Compensator and Static Var Generator.

The global Static Var Compensator and Static Var Generator market is valued at 1180 million US$ in 2017 and will reach 1700 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2018-2025.

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The major players covered in this report

ABB

Siemens

Rongxin Power Electronic

Sieyuan Electric

Mitsubishi Electric

Hitachi

Toshiba

S&C Electric

GE

Hangzhou Yinhu Electric

AMSC

Xian XD Power

Weihan

Ingeteam

Hengshun Zhongsheng

Sinexcel

Merus Power

Baoding Sifang Sanyi Electric

Xuji Group Corporation

Zhiguang Electric

Comsys AB

Beijing In-power Electric Co., Ltd

Surpass Sun Electric

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

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

Static Var Compensator

Static Var Generator

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

Renewable Energy

Electric Utilities

Industrial & Manufacturing

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