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High Voltage STATCOM - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
High Voltage STATCOM - Market SizeThe global High Voltage STATCOM market size is expected to reach US$ 1155.4 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029.
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High Voltage STATCOM - Market
The market is mainly driven by the significant applications of High Voltage STATCOM in various end use industries. The expanding demands from the Electric Utilities, Renewable Energy, Industrial & Manufacturing and Others, are propelling High Voltage STATCOM market. Below 20 Mvar, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 20 -50 Mvar segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for High Voltage STATCOM market, driven by demand from China, the second largest economy with some signs of stabilising, the High Voltage STATCOM market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage STATCOM, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
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Company Profiles:
• Hitachi
• Siemens
• Rongxin
• Windsun Science Technology Co.,Ltd.
• Sieyuan Electric Co., Ltd.
• TBEA Co.,Ltd.
• Mitsubishi Electric
• GE
• Shandong Taikai Power Electronic Co.,Ltd.
• Nari Technology
• Shenzhen Hopewind Electric Co., Ltd.
• AMSC
• Comsys AB
• Ingeteam
• Beijing In-power Electric Co., Ltd
Segment by Type:
• Below 20 Mvar
• 20 -50 Mvar
• 50 -100 Mvar
• 100 -200 Mvar
• 200 -300 Mvar
• 300 -400 Mvar
• 400 -500 Mvar
• Above 500 Mvar
by Application
• Electric Utilities
• Renewable Energy
• Industrial & Manufacturing
• Others
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