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Synchronous Condenser Market Is Growing Rapidly 2019 | Key Players Eaton Corporation PLC , Fuji Electric Co., Ltd. , Hyundai Idela Electric , Mitsubishi Electric , Siemens AG
Synchronous Condenser Market - Premium Market Insights
Synchronous motors deployed for power factor alignment in the power lines are defined as synchronous condensers. The lagging power factors within the electrical circuits that have inductive loads are encountered with lowering efficiencies and require an equipment to control this loss. Synchronous condensers neutralize the lagging power factor in such circuits. Further, the hydrogen-cooled synchronous condensers are anticipated to garner largest market share in the synchronous condenser market through the forecast period.
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Top Companies Covered in this Report
ABB Ltd ,BRUSH Group , Eaton Corporation PLC , Fuji Electric Co., Ltd. , Hyundai Idela Electric , Mitsubishi Electric , Siemens AG , Voith , WEG Electric Corp.
MARKET DYNAMICS
The rising demands for renewable power generation and the need for power factor corrections are anticipated to be the major drivers for the synchronous condenser market. Higher costs of installations and equipment maintenance would pose a challenge to the growth of the synchronous condenser market. Increasing interests towards transforming the legacy synchronous generators into synchronous condensers would provide good opportunities to the players operating in the synchronous condenser market.
MARKET SCOPE
The "Global Synchronous Condenser Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the synchronous condenser market with detailed market segmentation by cooling type, reactive power rating, starting method, application, and geography. The global synchronous condenser market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synchronous condenser market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global synchronous condenser market is segmented on the basis of cooling type, reactive power rating, starting method, and application. Based on cooling type, the synchronous condenser market is segmented into hydrogen-cooled, air-cooled, and water-cooled. On the basis of reactive power rating, the synchronous condenser market is segmented into Up to 100 MVAr, 100-200 MVAr, and above 200 MVAr. Further, the synchronous condenser market is segmented on the basis of starting method into static frequency converter, pony motor, and others. The synchronous condenser market on the basis of the application is classified into electrical utilities and grid operators, metal and mining, marine, oil and gas, and others.
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Fundamentals of Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SYNCHRONOUS CONDENSER MARKET LANDSCAPE
5. SYNCHRONOUS CONDENSER MARKET - KEY MARKET DYNAMICS
6. SYNCHRONOUS CONDENSER MARKET - GLOBAL MARKET ANALYSIS
7. SYNCHRONOUS CONDENSER MARKET - REVENUE AND FORECASTS TO 2027 - COOLING TYPE
8. SYNCHRONOUS CONDENSER MARKET - REVENUE AND FORECASTS TO 2027 - REACTIVE POWER RATING
9. SYNCHRONOUS CONDENSER MARKET - REVENUE AND FORECASTS TO 2027 - STARTING METHOD
10. SYNCHRONOUS CONDENSER MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
11. SYNCHRONOUS CONDENSER MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
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