Global Static Var Generator (SVG) Market Size,Growth Rate,Industry Opportunities 2025-2031

Global Info Research announces the release of the report "Global Static Var Generator (SVG) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" . This report provides a detailed overview of the market scenario, including a thorough analysis of the market size, sales quantity, average price, revenue, gross margin and market share.The report provides an in-depth analysis of the competitive landscape, manufacturer's profiles,regional and national market dynamics, and the opportunities and challenge that the market may be exposed to in the near future. Global Static Var Generator (SVG) market research report is a comprehensive analysis of the current market trends, future prospects, and other pivotal factors that drive the market.
According to our (Global Info Research) latest study, the global Static Var Generator (SVG) market size was valued at US$ 899 million in 2024 and is forecast to a readjusted size of USD 1266 million by 2031 with a CAGR of 5.1% during review period.

SVG is also called STATCOM 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. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
Currently, there are many producing companies in the world. The main market players are Hitachi ABB, Siemens, Rongxin, Sieyuan Electric, Xin Fengguang etc.
China now is the largest production of Static Var Generator (SVG), with a production market share nearly 55.94% in 2019. The Static Var Generator (SVG) price of Chinese producers is generally low.

Static Var Generator (SVG) used in industry including Renewable Energy, Electric Utilities, Industrial & Manufacturing and Others. Report data showed that 47.03% of the Static Var Generator (SVG) market demand in Electric Utilities, 28.94% in Renewable Energy in 2019.

There are two kinds' productions constituting the Static Var Generator (SVG), which are Low Voltage SVG, High Voltage SVG. High Voltage SVG is important in the Static Var Generator (SVG), with a production value market share nearly 83.72% in 2019.

Static Var Generator (SVG) is widely used in metallurgy, power, coal, non-ferrous metals, electrified railway and other key energy consumption industries. In the next few years, Static Var Generator (SVG) is growing fast.

This report is a detailed and comprehensive analysis for global Static Var Generator (SVG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

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Market Segmentation

Static Var Generator (SVG) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type: Low Voltage SVG、High Voltage SVG

Market segment by Application:Electric Utilities、Renewable Energy、Industrial & Manufacturing、Others

Major players covered: Siemens、Hitachi ABB、Mitsubishi Electric、GE、AMSC、NR Electric Co., Ltd.、Xin Fengguang、Sieyuan Electric、Rongxin Power Electronic Co., Ltd、Taikai Power Electronic、TBEA、XJ Group、Hopewind

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Static Var Generator (SVG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Static Var Generator (SVG), with price, sales, revenue and global market share of Static Var Generator (SVG) from 2020 to 2025.
Chapter 3, the Static Var Generator (SVG) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Static Var Generator (SVG) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2025.and Static Var Generator (SVG) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Static Var Generator (SVG).
Chapter 14 and 15, to describe Static Var Generator (SVG) sales channel, distributors, customers, research findings and conclusion.

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