Press release
Global Gate Bipolar Transistors STATCOM Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-GORE,Saint-Gobain,Donaldson
Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Gate Bipolar Transistors STATCOM market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Gate Bipolar Transistors STATCOM market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.
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STATCOM or Static Synchronous Compensator (STATCOM is also called Static Var Generator, SVG) is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. FACTS-based power conversion equipment generally used full-controlled devices, mainly choose GTO, modified GTO (IGBT, MTO, ETO) and (HV) IGBT and other devices.
This report focuses IGBT based STATCOM.
The global Gate Bipolar Transistors STATCOM market was valued at US$ 697 million in 2023 and is anticipated to reach US$ 982 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.
Europe is the leading production market for Gate Bipolar Transistors STATCOM, accounting for about 40% of the global market, followed by China with about 20%.
Major manufacturers include ABB, Siemens, Rongxin, Hitachi and Mitsubishi Electric, with the top three accounting for about 40%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Gate Bipolar Transistors STATCOM, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gate Bipolar Transistors STATCOM.
The Gate Bipolar Transistors STATCOM market size, estimations, and forecasts are provided in terms of sales quantity (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Gate Bipolar Transistors STATCOM market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Gate Bipolar Transistors STATCOM manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Rongxin
Sieyuan Electric
Hitachi
Mitsubishi Electric
S&C Electric
GE
AMSC
Ingeteam
Beijing In-power Electric Co., Ltd
Comsys AB
Merus Power
Segment by Type
Low Voltage STATCOM
High Voltage STATCOM
Segment by Application
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Gate Bipolar Transistors STATCOM manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Gate Bipolar Transistors STATCOM in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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