openPR Logo
Press release

Series Compensation System Market Analysis & Forecast To 2023 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional

07-31-2020 02:02 PM CET | Energy & Environment

Press release from: Market Research Future

Series Compensation System Market

Series Compensation System Market

Market Research Future published a research report on “Series Compensation System Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario

The series compensation system market 2020 is poised to grow at a CAGR of 5% during the forecast period, according to MRFR.

Market Highlights

The Global Series Compensation System Market is driven by a increasing need for reliable electrical supply & corresponding investment in transmission & distribution network, grid expansion, and safe electrical infrastructure growth. Series Compensation Schemes are commonly recognized worldwide as a reliable & safety scheme in the industrial & commercial sectors. Series compensation system increases transmission efficiency, improves network stability, regulates voltage regulation and ensures proper division of load between parallel feeders, improves voltage at the load end, reduces losses by minimizing transmission expenditure. The series compensation system's mounting application is becoming popular due to its low cost, improved system stability, high operating efficiency, easy and fast installation, proper load distribution between circuits, and convenient virtual series compensation deployment in the power network. Furthermore, the growing need for reliable electrical supply & subsequent investment in transmission & distribution networks, the advancement of secure electrical infrastructure and the expansion of the grid has driven the growth of the global market for series compensation systems.

In addition , the increasing need for energy and the rapid growth of grid infrastructure have opportunities over the forecast period to assist in the growth of the global series compensation system industry. Compact design and low manufacturing costs also enable them to be used in various utilities and in the industrial sector. Over the forecast period, the constant need for electricity and the global growth in grid infrastructure will help in the development of the global series compensation system market. However, fluctuating material costs and coronavirus spread can limit the global market for compensation systems in the series.

Click Here to Get Sample of the Premium Report@

Top Market Players

The top players of the global series compensation system market are listed as L&T Electrical & Automation (India), Energy Capacitors Pvt. Ltd. (India), Siemens AG (Germany), General Electric Company (U.S.), Adani Transmission Limited (India), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), Hyosung Corporation (South Korea), NR Electric Co. (China), and Eaton Corporation Plc (Ireland).

Market Segmentation

The global level segmental analysis of the series compensation system market is done among the segments of material type, product, and application.

Based on the the segmentation of type, the market comprises thyristor-controlled series compensation and static series compensation.

Based on the the segmentation of voltage, the market has included medium voltage types, high voltage, and low voltage.

Based on the the segmentation of end-user, the market included utilities, industries, and others.

Region-Wise Outlook

The Covid 19 Analysis on Series Compensation System Market is geographically studied across main regions such as Asia Pacific, North America, Europe, and the Rest of the World (RoW).

The series compensation system market is projected to garner decent growth over the assessment period in the Asia Pacific region. A significant portion of the market growth in the region holds the leading position in the global landscape with the highest share percentage. The regional market is further anticipated to inflate during the forecast period and maintain its position atop of the global standings. The escalation of the regional market can be attributed to fast-paced industrialization and urbanization. Adding to this, the rapid economic growth in major developing countries such as India and China is also sustaining the growth of the Asia Pacific market.

On the other line stands the market in North America that has gained the second-highest share percentage. The established and well-developed landscape in North America is one of the crucial drivers of the region.

Europe is also another significant market in the global standings as it holds the third-largest position. Lastly, the Rest of the World regional segment is projected to garner the least share percentage over the estimated period.

More Information On This Report, Please Visit @

Following are major Table of Series Compensation System Market:

Major points covered in this research are:-
Series Compensation System Market Overview, Segment by Type (Product Category), by Application, by Region, Competition by Manufacturers
Global Market Size (Value) of Series Compensation SystemGlobal Series Compensation System Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region
Global Series Compensation System Production, Revenue (Value), Price Trend by Type
Global Series Compensation System Market Analysis by Application
Global Series Compensation System Manufacturers Profiles/Analysis
Series Compensation System Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Series Compensation System Market Forecast
Competitive Landscape
Research Findings and Conclusion
Get More Updates :

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312


About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Series Compensation System Market Analysis & Forecast To 2023 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional here

News-ID: 2100918 • Views: 418

More Releases from Market Research Future

Field Programmable Gate Array Market 2021 Size, Share, Industry Analysis, Emergi …
Field Programmable Gate Array Market by technology (EEPROM, Antifuse, SRAM, Flash, and others (EPROM and PROM), by Application (data processing, consumer electronics, industrial, military & aerospace, automotive, telecom, and others), and by Type (high-end, mid-end, and low-end FPGA) - Global Opportunity Analysis and Industry Forecast, 2017-2023 According to a recent report published by Allied Market Research, titled, Field Programmable Gate Array Market by Technology, Application, and Type: Global Opportunity Analysis and
Semiconductor IC Tester Market Growth Factor, Demand, Size, Share, Trends, Growt …
The Semiconductor IC Tester Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the Semiconductor IC Tester market growth. Semiconductor IC Tester is
Tilt Sensor Market Share, COVID-19 Pandemic Impact, Comprehensive Analysis, Oppo …
Global Tilt Sensor Market Highlights: The global Tilt Sensor Market is growing rapidly over 7.42% of CAGR and is expected to reach at USD 257.64 million by the end of forecast period. The global tilt sensor market has been witnessing a steady growth over the last few years on account of rapid growth of automobile and transportation market, high implementation of sensors in the constructions machines and rising demand for tilt
High Altitude Long Endurance Market Demand, Growth, COVID-19 Pandemic Impact, Ap …
High Altitude Long Endurance (Pseudo Satellite) Market Overview Market Research Future (MRFR) anticipates that the High Altitude Long Endurance Market 2020 could potentially achieve a strong valuation of USD 23 billion by 2022. The market is also projected to advance at an approximate rate of 9% between 2016 and 2022 (review period). We will provide covid-19 impact analysis with the report. The research on COVID-19 impact offers an in-depth analysis post

All 5 Releases

More Releases for Series

Home Retail Series: Window Dressings
Summary The UK window dressings market is forecast to slow to 1.4% growth in 2016, underperforming the homewares sector, due to weakening consumer confidence, a slower housing market in H2 and economic instability following the Brexit vote, with shoppers delaying larger ticket homewares purchases, such as curtains and shutters. Key Findings – “Dunelm is the dominant leader of the window dressings market, exploiting its specialist credentials to hold significant destination appeal in the
Maetrics launches Swiss seminar series
Maetrics, a global management consulting firm providing life sciences companies with deep quality, compliance, and regulatory solutions has launched a series of training seminars in Basel, Switzerland, as part of its new Seminars and Training Course offering for 2017. The new series of 4 training courses provides added service to client’s continental branches and further cements Maetrics’ position as a global partner. The Risk Management EN ISO14971 course will take place
Test Series for Gate
As the market is not only based on talent any more but demands smart brains scoring stupendous. As just being a graduate from a simple or less renowned college does not make you stand in the market that demands highly educated and professional citizens people are switching themselves for higher education to reputed university and the entrance gate for reputed colleges are only through exams like GATE. People are spending
Cisco 7200 Series Routers
Nov 30, 2011- Cisco 7200 Series Routers are modular routers that support a multitude of performance, service and density needs. The 7200 router is the hardware industry’s most widely deployed universal services aggregation router for enterprise and service provider edge applications. History 7200 routers were first shipped several years ago, replacing the now defunct 7010, which had had its heyday in the 1990s. The first 7200 models were somewhat average in their
11-09-2010 | Arts & Culture Presents New Webinar Series is establishing a new webinar series called Makeover Mondays where the women from will give live reviews of voice actor profiles, helping a different person each week to take their web presence, marketing and auditioning strategies to the next level. Makeover Mondays is a fresh approach on how to polish up voice talent profiles and help them sell their services online. Participants in Makeover Mondays will be randomly drawn
05-12-2009 | Sports
CueSport TV Ltd
£50,000 Pool Series Returns
The richest 8-ball pool tour on the UK and Irish calendars returns this weekend (8th-10th May) with event two of the 2008-09 CueSport TV £50,000 Pool Series. This time the event is being held in the amazing Louis Fitzgerald Hotel in Dublin, Ireland. As the pinnacle of the Blackball pool game, these tournaments each carry a guaranteed £10,000 in prize money with the winner of each leg receiving £3,500. Simon Ward