Synchronous Condenser Market Size Estimation, Industry Demand, Growth Trend, Chain Structure, Supply and Demand Forecast (2021-2025)

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The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period. This report spread across 175 Pages, Profiling 15 Companies and Supported with 105 Tables and 57 figures are now available in this research.

Top Companies Profiled in the Synchronous Condenser Market:
• Siemens (Germany)
• GE(US)
• Eaton (Ireland)
• ABB (Switzerland)
• WEG (Brazil)

The above 200 MVAr segment of synchronous condensers is expected to be the largest market, by reactive power rating, during the forecast period. This growth is evident owing to rising installations of synchronous condensers rated above 200 MVAr, especially in North America and Europe.

The hydrogen cooled synchronous condenser is estimated to be the fastest-growing during the forecast period. This growth is attributed to the adoption and efficiency of large-sized synchronous condensers for a reactive power rating of above 200 Mega Volt Amps (reactive) (MVAr).

Static frequency converters accounted for the largest share of the synchronous condenser market, it is also estimated to be the fastest-growing segment during the forecast period. Low installation costs and low noise features of static frequency converters are expected to boost their demand in the synchronous condenser market.

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Table Of Contents:
1 Introduction
1.1 Objectives Of The Study
1.2 Definition
1.2.1 Synchronous Condenser Market, By Cooling Type: Inclusions And Exclusions
1.2.2 Synchronous Condenser Market, By Reactive Power Rating (Mvar): Inclusions And Exclusions
1.2.3 Synchronous Condenser Market, By End User: Inclusions And Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Synchronous Condenser Market: Research Design
2.2 Market Breakdown And Data Triangulation
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Breakdown Of Primaries
2.3 Scope
Figure 2 Main Metrics Considered While Constructing And Assessing Demand For Synchronous Condensers
2.4 Market Size Estimation
2.4.1 Demand-Side Analysis Bottom-Up Approach
Figure 3 Synchronous Condenser Market: Industry-Region/Country-Wise Analysis
2.4.1.1 Calculation For Demand-Side Analysis
2.4.1.2 Key Assumptions While Calculating Demand-Side Market Size
2.4.2 Supply-Side Analysis
Figure 4 Synchronous Condenser Market: Supply-Side Analysis
2.4.2.1 Calculations For Supply- Side Analysis
Figure 5 Key Metrics Considered For Assessing Supply Of Synchronous Condensers
2.4.2.2 Assumptions While Calculating Supply-Side Market Size
Figure 6 Company Revenue Analysis, 2019
2.4.3 Forecast

3 Executive Summary
3.1 Scenario Analysis
Figure 7 Scenario Analysis: Synchronous Condenser Market, 2018–2025
3.1.1 Optimistic Scenario
3.1.2 Realistic Scenario
3.1.3 Pessimistic Scenario
Table 1 Synchronous Condenser Market Snapshot
Figure 8 Hydrogen-Cooled Synchronous Condensers Are Expected To Lead Synchronous Condenser Market, By Cooling Type, During Forecast Period
Figure 9 Static Frequency Converters To Lead Synchronous Condenser Market, By Starting Method, During Forecast Period
Figure 10 Above 200 Mvar Segment Is Expected To Lead Synchronous Condenser Market, By Reactive Power Rating, During Forecast Period
Figure 11 Electrical Utilities Are Expected To Lead Synchronous Condenser Market, By End User, During Forecast Period
Figure 12 New Synchronous Condensers Are Expected To Lead Synchronous Condenser Market, By Type, During Forecast Period
Figure 13 North America Is Expected To Dominate Synchronous Condenser Market, By Region, In Terms Of Cagr (2020–2025)

4 Premium Insights
……………CONTINUED

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Research Coverage:
The report defines, describes, and forecasts the global synchronous condenser market, by type, cooling type, reactive power rating, starting method, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market.

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