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How does the Static Synchronous Compensator STATCOM market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Static Synchronous Compensator STATCOM market growth? SWOT analysis of the Static Synchronous Compensator STATCOM market.

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Static Synchronous Compensator (STATCOM) Market Size and growth rate 2025 to 2029: Graph

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Published : December 2025

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

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Static Synchronous Compensator (STATCOM) Global Market Report 2025

Name: Static Synchronous Compensator (STATCOM) Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Type (Low Voltage Static Synchronous Compensator (STATCOM), High Voltage Static Synchronous Compensator (STATCOM)), By Component (Power Electronics, Control Systems, Transformers, Filters, Protection Equipment), By Technology Type (Voltage Source Converter (VSC) Static Synchronous Compensator, Current Source Converter (CSC) Static Synchronous Compensator, Hybrid Static Synchronous Compensator), By Distribution Channel (Original Equipment Manufacturer (OEM), Aftermarket), By End-User (Utility Providers, Industrial Sector, Renewable Energy Developers, Transportation Sector, Commercial Establishments) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

What Is Covered Under Static Synchronous Compensator (STATCOM) Market?

A Static synchronous compensator (STATCOM) is a power electronic device used in electrical power systems to regulate voltage and improve stability by rapidly injecting or absorbing reactive power. It connects in shunt with the power system and uses voltage-source converters to generate a controllable AC voltage, which helps maintain the desired voltage level, improve power factor, and enhance overall system reliability. STATCOMs respond quickly and efficiently to changes in the grid, making them essential for modern power quality and voltage control.

The main types of static synchronous compensator (STATCOM) are low voltage static synchronous compensator (STATCOM) and high voltage static synchronous compensator (STATCOM). A low voltage static synchronous compensator (STATCOM) is a device used to regulate voltage and manage reactive power in low-voltage electrical systems, enhancing power quality and stability. Key components include power electronics, control systems, transformers, filters, and protection equipment. The various technology types include voltage source converter (VSC) static synchronous compensator (STATCOM), current source converter (CSC) static synchronous compensator (STATCOM), and hybrid static synchronous compensator (STATCOM). These systems are distributed through various channels such as original equipment manufacturers (OEMs) and the aftermarket. They are used by various end-users, including utility providers, the industrial sector, renewable energy developers, the transportation sector, and commercial establishments.

What Is The Static Synchronous Compensator (STATCOM) Market Size 2025 And Growth Rate?

The static synchronous compensator (statcom) market size has grown strongly in recent years. It will grow from $1.08 billion in 2024 to $1.18 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increasing need for voltage regulation, rising investments in smart grid technologies, increasing adoption of power electronics, rise in government initiatives for grid modernization, and increasing urbanization and industrial growth.

What Is The Static Synchronous Compensator (STATCOM) Market Growth Forecast?

The static synchronous compensator (statcom) market size is expected to see strong growth in the next few years. It will grow to $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing demand for voltage stability, rising investments in energy storage integration, growing focus on reducing transmission losses, increasing need for real-time grid monitoring and control, and rising investments in smart grid technologies. Major trends in the forecast period include advancement in modular statcom designs, advanced power electronics integration, innovation in real-time grid monitoring, integration with energy storage systems, and advancement in cooling technologies.

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How Is The Static Synchronous Compensator (STATCOM) Market Segmented?

The static synchronous compensator (STATCOM) market covered in this report is segmented –

1) By Type: Low Voltage Static Synchronous Compensator (STATCOM), High Voltage Static Synchronous Compensator (STATCOM)

2) By Component: Power Electronics, Control Systems, Transformers, Filters, Protection Equipment

3) By Technology Type: Voltage Source Converter (VSC) Static Synchronous Compensator, Current Source Converter (CSC) Static Synchronous Compensator, Hybrid Static Synchronous Compensator

4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket

5) By End-User: Utility Providers, Industrial Sector, Renewable Energy Developers, Transportation Sector, Commercial Establishments

Subsegments:

1) By Low Voltage Static Synchronous Compensator (STATCOM): Industrial Power Systems, Commercial Power Systems, Renewable Energy Integration, Data Centers, Urban Distribution Networks

2) By High Voltage Static Synchronous Compensator (STATCOM): Utility Transmission Grids, Renewable Energy Plants (Wind, Solar), Industrial Bulk Power Consumers, Smart Grid Infrastructure, Cross-Border Interconnections

What Is Driving The Static Synchronous Compensator (STATCOM) Market? Growing Renewable Energy Demand Is Fueling The Market Growth Due To Enhance Grid Stability And Power Quality Needs

The growing demand for renewable energy is expected to propel the growth of the static synchronous compensator (STATCOM) market going forward. Renewable energy refers to energy that is generated from natural sources or processes that are constantly replenished and cannot be depleted. The growing demand for renewable energy is primarily due to increasing concerns about climate change, as governments, businesses, and consumers seek cleaner energy sources to reduce greenhouse gas emissions and mitigate global warming. Static synchronous compensator (STATCOM) enhances renewable energy integration by providing fast and dynamic voltage support, improving grid stability and power quality amid the variability of renewable sources. For instance, in December 2024, according to Eurostat, a Luxembourg-based government agency, the proportion of energy derived from renewable sources in the European Union’s transport sector increased to 10.8% in 2023, rising from 9.6% in 2022. Therefore, the growing demand for renewable energy is driving the growth of the static synchronous compensator (STATCOM) market.

Who Are The Major Players In The Global Static Synchronous Compensator (STATCOM) Market?

Major companies operating in the static synchronous compensator (STATCOM) market are Mitsubishi Electric Corporation, Hitachi Energy Ltd., Siemens AG, General Electric Company (GE), ABB Ltd., Toshiba Corporation, Chint Group Corporation, Eaton Corporation plc, Bharat Heavy Electricals Limited (BHEL), Hyosung Heavy Industries Corporation, Sieyuan Electric Co. Ltd., CG Power and Industrial Solutions Limited, American Superconductor Corporation, LS Electric Co. Ltd., JEMA Energy S.A., HICO America, Merus Power Plc, NR Electric Co. Ltd., Comsys AB, ZDDQ Electric Co. Ltd.

What Are The Key Trends Of The Global Static Synchronous Compensator (STATCOM) Market? Advancements In STATCOM Solutions For Improved Grid Stability And Renewable Energy Support

Major companies operating in the static synchronous compensator (STATCOM) market are focusing on developing innovative solutions, such as alternating current transmission systems, to enhance grid stability and power quality. An alternating current (AC) transmission system, which transmits electricity using alternating current over long distances, helps a static synchronous compensator (STATCOM) by providing a stable grid where the STATCOM can regulate voltage and improve power quality through rapid reactive power compensation. For instance, in August 2024, GE Vernova Inc., a US-based energy equipment manufacturing and services company, launched the FACTSFLEX GFMe, an advanced STATCOM solution that integrates supercapacitor-based energy storage to enhance grid stability and support the integration of renewable energy. The solution addresses the increasing challenges of voltage fluctuations and frequency disturbances caused by the intermittent nature of solar and wind energy. By providing virtual inertia and grid-forming capabilities, FACTSFLEX GFMe ensures reliable and efficient grid operations, particularly in regions with weaker infrastructure or high renewable penetration.

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What Are Latest Mergers And Acquisitions In The Static Synchronous Compensator (STATCOM) Market? Renewable Energy Systems Acquires Ingeteam’s Renewable Service Division To Boost Clean Energy Support Capabilities

In March 2024, Renewable Energy Systems, a UK-based renewable energy company, acquired Ingeteam’s renewable service division for an undisclosed amount. With this acquisition, RES aims to create the world’s largest independent, technology-agnostic renewable energy services provider by expanding its operations, enhancing service capabilities across multiple renewable technologies, and accelerating the transition to a zero-carbon energy future. Ingeteam Power Technology, S.A. is a Spain-based electrical control equipment manufacturing company that provides static synchronous compensators.

What Is The Regional Outlook For The Global Static Synchronous Compensator (STATCOM) Market?

Asia-Pacific was the largest region in the static synchronous compensator (STATCOM) market in 2024. The regions covered in the static synchronous compensator (STATCOM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the static synchronous compensator (STATCOM) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Static Synchronous Compensator (STATCOM) Market?

The static synchronous compensator (STATCOM) market consists of revenues earned by entities by providing services such as reactive power compensation, voltage regulation, grid stability support, harmonic filtering, renewable energy integration support, transmission and distribution support, industrial power quality improvement, system design and engineering, installation and commissioning, and monitoring and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The static synchronous compensator (STATCOM) market also includes sales of voltage source converters, control systems, digital controllers, transformers, harmonic filters, and spare parts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Static Synchronous Compensator (STATCOM) Industry?

The static synchronous compensator (STATCOM) market research report is one of a series of new reports from The Business Research Company that provides static synchronous compensator (STATCOM) market statistics, including the static synchronous compensator (STATCOM) industry global market size, regional shares, competitors with the static synchronous compensator (STATCOM) market share, detailed static synchronous compensator (STATCOM) market segments, market trends, and opportunities, and any further data you may need to thrive in the static synchronous compensator (STATCOM) industry. This static synchronous compensator (STATCOM) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Author : Girish Kavali

Static Synchronous Compensator STATCOM Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$1.18 billion
Revenue Forecast In 2034	$1.66 billion
Growth Rate	CAGR of 8.9% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The static synchronous compensator (STATCOM) market covered in this report is segmented – 1) By Type: Low Voltage Static Synchronous Compensator (STATCOM), High Voltage Static Synchronous Compensator (STATCOM) 2) By Component: Power Electronics, Control Systems, Transformers, Filters, Protection Equipment 3) By Technology Type: Voltage Source Converter (VSC) Static Synchronous Compensator, Current Source Converter (CSC) Static Synchronous Compensator, Hybrid Static Synchronous Compensator 4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket 5) By End-User: Utility Providers, Industrial Sector, Renewable Energy Developers, Transportation Sector, Commercial Establishments Subsegments: 1) By Low Voltage Static Synchronous Compensator (STATCOM): Industrial Power Systems, Commercial Power Systems, Renewable Energy Integration, Data Centers, Urban Distribution Networks 2) By High Voltage Static Synchronous Compensator (STATCOM): Utility Transmission Grids, Renewable Energy Plants (Wind, Solar), Industrial Bulk Power Consumers, Smart Grid Infrastructure, Cross-Border Interconnections
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Mitsubishi Electric Corporation, Hitachi Energy Ltd., Siemens AG, General Electric Company (GE), ABB Ltd., Toshiba Corporation, Chint Group Corporation, Eaton Corporation plc, Bharat Heavy Electricals Limited (BHEL), Hyosung Heavy Industries Corporation, Sieyuan Electric Co. Ltd., CG Power and Industrial Solutions Limited, American Superconductor Corporation, LS Electric Co. Ltd., JEMA Energy S.A., HICO America, Merus Power Plc, NR Electric Co. Ltd., Comsys AB, ZDDQ Electric Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Static Synchronous Compensator (STATCOM) Market Characteristics

3. Static Synchronous Compensator (STATCOM) Market Trends And Strategies

4. Static Synchronous Compensator (STATCOM) Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Static Synchronous Compensator (STATCOM) Growth Analysis And Strategic Analysis Framework

5.1. Global Static Synchronous Compensator (STATCOM) PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Static Synchronous Compensator (STATCOM) Market Growth Rate Analysis

5.4. Global Static Synchronous Compensator (STATCOM) Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Static Synchronous Compensator (STATCOM) Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Static Synchronous Compensator (STATCOM) Total Addressable Market (TAM)

6. Static Synchronous Compensator (STATCOM) Market Segmentation

6.1. Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Voltage Static Synchronous Compensator (STATCOM)

High Voltage Static Synchronous Compensator (STATCOM)

6.2. Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power Electronics

Control Systems

Transformers

Filters

Protection Equipment

6.3. Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Voltage Source Converter (VSC) Static Synchronous Compensator

Current Source Converter (CSC) Static Synchronous Compensator

Hybrid Static Synchronous Compensator

6.4. Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturer (OEM)

Aftermarket

6.5. Global Static Synchronous Compensator (STATCOM) Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Utility Providers

Industrial Sector

Renewable Energy Developers

Transportation Sector

Commercial Establishments

6.6. Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of Low Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Industrial Power Systems

Commercial Power Systems

Renewable Energy Integration

Data Centers

Urban Distribution Networks

6.7. Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of High Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Utility Transmission Grids

Renewable Energy Plants (Wind, Solar)

Industrial Bulk Power Consumers

Smart Grid Infrastructure

Cross-Border Interconnections

7. Static Synchronous Compensator (STATCOM) Market Regional And Country Analysis

7.1. Global Static Synchronous Compensator (STATCOM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Static Synchronous Compensator (STATCOM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Static Synchronous Compensator (STATCOM) Market

8.1. Asia-Pacific Static Synchronous Compensator (STATCOM) Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Static Synchronous Compensator (STATCOM) Market

9.1. China Static Synchronous Compensator (STATCOM) Market Overview

9.2. China Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Static Synchronous Compensator (STATCOM) Market

10.1. India Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Static Synchronous Compensator (STATCOM) Market

11.1. Japan Static Synchronous Compensator (STATCOM) Market Overview

11.2. Japan Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Static Synchronous Compensator (STATCOM) Market

12.1. Australia Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Static Synchronous Compensator (STATCOM) Market

13.1. Indonesia Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Static Synchronous Compensator (STATCOM) Market

14.1. South Korea Static Synchronous Compensator (STATCOM) Market Overview

14.2. South Korea Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Static Synchronous Compensator (STATCOM) Market

15.1. Western Europe Static Synchronous Compensator (STATCOM) Market Overview

15.2. Western Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Static Synchronous Compensator (STATCOM) Market

16.1. UK Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Static Synchronous Compensator (STATCOM) Market

17.1. Germany Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Static Synchronous Compensator (STATCOM) Market

18.1. France Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Static Synchronous Compensator (STATCOM) Market

19.1. Italy Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Static Synchronous Compensator (STATCOM) Market

20.1. Spain Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Static Synchronous Compensator (STATCOM) Market

21.1. Eastern Europe Static Synchronous Compensator (STATCOM) Market Overview

21.2. Eastern Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Static Synchronous Compensator (STATCOM) Market

22.1. Russia Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Static Synchronous Compensator (STATCOM) Market

23.1. North America Static Synchronous Compensator (STATCOM) Market Overview

23.2. North America Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Static Synchronous Compensator (STATCOM) Market

24.1. USA Static Synchronous Compensator (STATCOM) Market Overview

24.2. USA Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Static Synchronous Compensator (STATCOM) Market

25.1. Canada Static Synchronous Compensator (STATCOM) Market Overview

25.2. Canada Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Static Synchronous Compensator (STATCOM) Market

26.1. South America Static Synchronous Compensator (STATCOM) Market Overview

26.2. South America Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Static Synchronous Compensator (STATCOM) Market

27.1. Brazil Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Static Synchronous Compensator (STATCOM) Market

28.1. Middle East Static Synchronous Compensator (STATCOM) Market Overview

28.2. Middle East Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Static Synchronous Compensator (STATCOM) Market

29.1. Africa Static Synchronous Compensator (STATCOM) Market Overview

29.2. Africa Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Static Synchronous Compensator (STATCOM) Market Competitive Landscape And Company Profiles

30.1. Static Synchronous Compensator (STATCOM) Market Competitive Landscape

30.2. Static Synchronous Compensator (STATCOM) Market Company Profiles

30.2.1. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Energy Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. General Electric Company (GE) Overview, Products and Services, Strategy and Financial Analysis

30.2.5. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Static Synchronous Compensator (STATCOM) Market Other Major And Innovative Companies

31.1. Toshiba Corporation

31.2. Chint Group Corporation

31.3. Eaton Corporation plc

31.4. Bharat Heavy Electricals Limited (BHEL)

31.5. Hyosung Heavy Industries Corporation

31.6. Sieyuan Electric Co. Ltd.

31.7. CG Power and Industrial Solutions Limited

31.8. American Superconductor Corporation

31.9. LS Electric Co. Ltd.

31.10. JEMA Energy S.A.

31.11. HICO America

31.12. Merus Power Plc

31.13. NR Electric Co. Ltd.

31.14. Comsys AB

31.15. ZDDQ Electric Co. Ltd.

32. Global Static Synchronous Compensator (STATCOM) Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Static Synchronous Compensator (STATCOM) Market

34. Recent Developments In The Static Synchronous Compensator (STATCOM) Market

35. Static Synchronous Compensator (STATCOM) Market High Potential Countries, Segments and Strategies

35.1 Static Synchronous Compensator (STATCOM) Market In 2029 - Countries Offering Most New Opportunities

35.2 Static Synchronous Compensator (STATCOM) Market In 2029 - Segments Offering Most New Opportunities

35.3 Static Synchronous Compensator (STATCOM) Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of Low Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of High Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Static Synchronous Compensator (STATCOM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Static Synchronous Compensator (STATCOM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Mitsubishi Electric Corporation Financial Performance

Table 79: Hitachi Energy Ltd. Financial Performance

Table 80: Siemens AG Financial Performance

Table 81: General Electric Company (GE) Financial Performance

Table 82: ABB Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Static Synchronous Compensator (STATCOM) Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of Low Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Static Synchronous Compensator (STATCOM) Market, Sub-Segmentation Of High Voltage Static Synchronous Compensator (STATCOM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Static Synchronous Compensator (STATCOM) Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Static Synchronous Compensator (STATCOM) Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Static Synchronous Compensator (STATCOM) Market, Segmentation By Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Mitsubishi Electric Corporation Financial Performance

Figure 79: Hitachi Energy Ltd. Financial Performance

Figure 80: Siemens AG Financial Performance

Figure 81: General Electric Company (GE) Financial Performance

Figure 82: ABB Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the Static Synchronous Compensator STATCOM market?

How will the Static Synchronous Compensator STATCOM market drivers and restraints affect the market dynamics? What forces will shape the Static Synchronous Compensator STATCOM industry going forward?

The Static Synchronous Compensator STATCOM market major growth driver - Growing Renewable Energy Demand Is Fueling The Market Growth Due To Enhance Grid Stability And Power Quality Needs. For further insights on the Static Synchronous Compensator STATCOM market, request a sample here

What is the forecast market size or the forecast market value of the Static Synchronous Compensator STATCOM market?

The Static Synchronous Compensator STATCOM market size has grown strongly in recent years. The static synchronous compensator (statcom) market size has grown strongly in recent years. It will grow from $1.08 billion in 2024 to $1.18 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increasing need for voltage regulation, rising investments in smart grid technologies, increasing adoption of power electronics, rise in government initiatives for grid modernization, and increasing urbanization and industrial growth. The static synchronous compensator (statcom) market size is expected to see strong growth in the next few years. It will grow to $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing demand for voltage stability, rising investments in energy storage integration, growing focus on reducing transmission losses, increasing need for real-time grid monitoring and control, and rising investments in smart grid technologies. Major trends in the forecast period include advancement in modular statcom designs, advanced power electronics integration, innovation in real-time grid monitoring, integration with energy storage systems, and advancement in cooling technologies. For further insights on the Static Synchronous Compensator STATCOM market, request a sample here

How is the Static Synchronous Compensator STATCOM market segmented?

The static synchronous compensator (STATCOM) market covered in this report is segmented –
1) By Type: Low Voltage Static Synchronous Compensator (STATCOM), High Voltage Static Synchronous Compensator (STATCOM)
2) By Component: Power Electronics, Control Systems, Transformers, Filters, Protection Equipment
3) By Technology Type: Voltage Source Converter (VSC) Static Synchronous Compensator, Current Source Converter (CSC) Static Synchronous Compensator, Hybrid Static Synchronous Compensator
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
5) By End-User: Utility Providers, Industrial Sector, Renewable Energy Developers, Transportation Sector, Commercial Establishments

Subsegments:
1) By Low Voltage Static Synchronous Compensator (STATCOM): Industrial Power Systems, Commercial Power Systems, Renewable Energy Integration, Data Centers, Urban Distribution Networks
2) By High Voltage Static Synchronous Compensator (STATCOM): Utility Transmission Grids, Renewable Energy Plants (Wind, Solar), Industrial Bulk Power Consumers, Smart Grid Infrastructure, Cross-Border Interconnections For further insights on the Static Synchronous Compensator STATCOM market, request a sample here

Which region has the largest share of the Static Synchronous Compensator STATCOM market? What are the other regions covered in the report?

Who are the major players in the Static Synchronous Compensator STATCOM market?

What are the key trends in the Static Synchronous Compensator STATCOM market?

Major trends in the Static Synchronous Compensator STATCOM market include Advancements In STATCOM Solutions For Improved Grid Stability And Renewable Energy Support. For further insights on the Static Synchronous Compensator STATCOM market, request a sample here.