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Static Var Compensator

10-22-2020 03:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

Static VAR Compensator Market

Static VAR Compensator Market

The static VAR compensator (SVC) market is estimated to grow at a CAGR of 3.8% between 2015 and 2020. Static VAR compensators are commonly referred to as SVC. This is a power quality tool associated with power electronics, leading to reckless power flow. It provides fast-acting reactive power compensation in high voltage electrical systems. In other words, the static VAR compensator controls and regulates the voltage of the device up to the required set point, providing fast-acting reactive power in the transmission network.

Static VAR compensators are mainly used in large-scale industries such as voltage fluctuation reduction, steel mills and flicker compensation. In addition, SVC is installed in the proper location in the power system to improve voltage stability, amplifying the power transfer capability. SVC can also develop active power oscillations by adjusting the amplitude of the power. It also has the advantage of taking the system power aspect closer to unity. SVCs are typically set up close to high and fast changing loads in large industries such as flicker and welding plants and industries prone to voltage fluctuations.

Get Sample Copy of Static VAR Compensator Market at:

The following players are covered in this report:

• ABB Ltd
• General Electric
• Siemens AG
• Mitsubishi Electric Corporation
• Eaton Corporation PLC
• American Electric Power
• Hyosung
• American Superconductor Corporation
• Rongxin Power Electronic Co Ltd
• Nr Electric Co, Ltd

Static VAR Compensator Market segmentation by Type

• Thyristor-Based SVC
• Magnetically Controlled Reactor (MCR)-Based SVC

Static VAR Compensator Market segmentation by Components

• Power Electronics Devices
• Harmonic Filter
• Thyristor, Reactor
• Capacitor Bank
• GIS Switchgear
• Surge Arrester
• Control Protection system

A full report of Global Static VAR Compensator Market is available at:

Scope of the Report

The research study analyses the global LTE IOT industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Static VAR Compensator Market Report

1. What was the Static VAR Compensator Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Static VAR Compensator Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Static VAR Compensator Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

For more customized data, request for report customization @

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavours to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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