Global Synchronous Condenser Market Report By Type (New, Refurbished), By Cooling Type (Hydrogen Cooled, Air Cooled, Water Cooled), By Reactive Power Rating (Up to 100 MVAr, 100–200 MVAr, Above 200 MVAr), By Starting Method (Static Frequency Converters, Pony Motors, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

Name: Global Synchronous Condenser Market Report
Brand: Value Market Research
SKU: Industrial Equipment
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ID:VMR11214189

April 2021

Report Formats: Electronic (PDF), MS EXCEL

Description
Table Of Content

The global demand for Synchronous Condenser Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.

Synchronous condensers are hybrid energy systems connected to an electric network for better grid stability. They may also be referred to as dynamic power factor correction systems. Synchronous condensers can absorb or produce reactive power on a transient basis, and hence they are used to stabilize the power grid against short circuits and other temporary fault conditions. They also help in the stabilization of transient sags and dips of milliseconds duration. They are best suited to control voltage on long transmission lines, networks with high penetration of power electronic devices, and increased risk of ‘islanding’ from the primary grid. The installation and operation of the condenser are identical to large electric motors and generators.

Market Dynamics

Power grid stability becoming a significant challenge in modern-day hybrid transmission lines and higher penetration of renewables are the main driving forces for this market’s growth. The rising need to increase the efficiency of long power transmission lines will benefit market efficiency. Growing adoption of a novel hybrid solution consisting of a synchronous condenser associated with a static compensator to enhance grid resilience and performance will boost the market growth. The high demand for perfect energy solutions to increase AC grids’ reliability, improve power quality, and boost transmission efficiency, especially for small, decentralized renewable power grids like solar, wind, and biogas plants, will be a market booster. This market’s main barrier is the noisy nature of the synchronous condenser systems, which must rotate continuously.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of synchronous condenser. The growth and trends of synchronous condenser industry provide a holistic approach to this study.

Market Segmentation

This section of the synchronous condenser market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

New
Refurbished

By Cooling Type

Hydrogen Cooled
Air Cooled
Water Cooled

By Reactive Power Rating

Up to 100 MVAr
100–200 MVAr
Above 200 MVAr

By Starting Method

Static Frequency Converters
Pony Motors
Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Synchronous Condenser market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Synchronous Condenser Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the synchronous condenser market include ABB Ltd., BRUSH Group, Eaton Corporation PLC, Fuji Electric Co., Ltd., General Electric, Hyundai Idela Electric Co., Mitsubishi Electric Corporation, Siemens AG, Voith GmBH, WEG Electric Corp. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

METHODOLOGY:

This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot

3 . SYNCHRONOUS CONDENSER – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Type
           3.7.2 By Cooling Type
           3.7.3 By Reactive Power Rating
           3.7.4 By Starting Method
           3.7.5 By Region

4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis

6 . GLOBAL SYNCHRONOUS CONDENSER MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical and Forecast Data
       6.3 Analysis by Type
       6.4 New Market by Regions
       6.5 Refurbished Market by Regions

7 . GLOBAL SYNCHRONOUS CONDENSER MARKET ANALYSIS BY COOLING TYPE
       7.1 Overview by Cooling Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Cooling Type
       7.4 Hydrogen Cooled Market by Regions
       7.5 Air Cooled Market by Regions
       7.6 Water Cooled Market by Regions

8 . GLOBAL SYNCHRONOUS CONDENSER MARKET ANALYSIS BY REACTIVE POWER RATING
       8.1 Overview by Reactive Power Rating
       8.2 Historical and Forecast Data
       8.3 Analysis by Reactive Power Rating
       8.4 Up to 100 MVAr Market by Regions
       8.5 100–200 MVAr Market by Regions
       8.6 Above 200 MVAr Market by Regions

9 . GLOBAL SYNCHRONOUS CONDENSER MARKET ANALYSIS BY STARTING METHOD
       9.1 Overview by Starting Method
       9.2 Historical and Forecast Data
       9.3 Analysis by Starting Method
       9.4 Static Frequency Converters Market by Regions
       9.5 Pony Motors Market by Regions
       9.6 Others Market by Regions

10 . GLOBAL SYNCHRONOUS CONDENSER MARKET ANALYSIS BY GEOGRAPHY
       10.1. Regional Outlook
       10.2. Introduction
       10.3. North America
           10.3.1. Overview, Historic and Forecast Data
           10.3.2. North America By Segment
           10.3.3. North America By Country
           10.3.4. United State
           10.3.5. Canada
           10.3.6. Mexico
       10.4. Europe
           10.4.1. Overview, Historic and Forecast Data
           10.4.2. Europe by Segment
           10.4.3. Europe by Country
           10.4.4. United Kingdom
           10.4.5. France
           10.4.6. Germany
           10.4.7. Italy
           10.4.8. Russia
           10.4.9. Rest Of Europe
       10.5. Asia Pacific
           10.5.1. Overview, Historic and Forecast Data
           10.5.2. Asia Pacific by Segment
           10.5.3. Asia Pacific by Country
           10.5.4. China
           10.5.5. India
           10.5.6. Japan
           10.5.7. South Korea
           10.5.8. Australia
           10.5.9. Rest Of Asia Pacific
       10.6. Latin America
           10.6.1. Overview, Historic and Forecast Data
           10.6.2. Latin America by Segment
           10.6.3. Latin America by Country
           10.6.4. Brazil
           10.6.5. Argentina
           10.6.6. Peru
           10.6.7. Chile
           10.6.8. Rest of Latin America
       10.7. Middle East & Africa
           10.7.1. Overview, Historic and Forecast Data
           10.7.2. Middle East & Africa by Segment
           10.7.3. Middle East & Africa by Country
           10.7.4. Saudi Arabia
           10.7.5. UAE
           10.7.6. Israel
           10.7.7. South Africa
           10.7.8. Rest Of Middle East And Africa

11 . COMPETITIVE LANDSCAPE OF THE SYNCHRONOUS CONDENSER COMPANIES
       11.1. Synchronous Condenser Market Competition
       11.2. Partnership/Collaboration/Agreement
       11.3. Merger And Acquisitions
       11.4. New Product Launch
       11.5. Other Developments

12 . COMPANY PROFILES OF SYNCHRONOUS CONDENSER INDUSTRY
       12.1. Company Share Analysis
       12.2. Market Concentration Rate
       12.3. ABB Ltd.
           12.3.1. Company Overview
           12.3.2. Financials
           12.3.3. Products
           12.3.4. Recent Developments
       12.4. BRUSH Group
           12.4.1. Company Overview
           12.4.2. Financials
           12.4.3. Products
           12.4.4. Recent Developments
       12.5. Eaton Corporation PLC
           12.5.1. Company Overview
           12.5.2. Financials
           12.5.3. Products
           12.5.4. Recent Developments
       12.6. Fuji Electric Co., Ltd.
           12.6.1. Company Overview
           12.6.2. Financials
           12.6.3. Products
           12.6.4. Recent Developments
       12.7. General Electric
           12.7.1. Company Overview
           12.7.2. Financials
           12.7.3. Products
           12.7.4. Recent Developments
       12.8. Hyundai Idela Electric Co.
           12.8.1. Company Overview
           12.8.2. Financials
           12.8.3. Products
           12.8.4. Recent Developments
       12.9. Mitsubishi Electric Corporation
           12.9.1. Company Overview
           12.9.2. Financials
           12.9.3. Products
           12.9.4. Recent Developments
       12.10. Siemens AG
           12.10.1. Company Overview
           12.10.2. Financials
           12.10.3. Products
           12.10.4. Recent Developments
       12.11. Voith GmBH
           12.11.1. Company Overview
           12.11.2. Financials
           12.11.3. Products
           12.11.4. Recent Developments
       12.12. WEG Electric Corp.
           12.12.1. Company Overview
           12.12.2. Financials
           12.12.3. Products
           12.12.4. Recent Developments

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

Research Scope of Synchronous Condenser Report
Market Research Process
Market Research Methodology
Global Synchronous Condenser Market Size, by Region (USD MN)
Porters Five Forces Analysis
Market Attractiveness Analysis by Type
Market Attractiveness Analysis by Cooling Type
Market Attractiveness Analysis by Reactive Power Rating
Market Attractiveness Analysis by Starting Method
Market Attractiveness Analysis by Region
Value Chain Analysis
Global Market Analysis by Type (USD MN)
New Market by Geography (USD MN)
Refurbished Market by Geography (USD MN)
Global Market Analysis by Cooling Type (USD MN)
Hydrogen Cooled Market by Geography (USD MN)
Air Cooled Market by Geography (USD MN)
Water Cooled Market by Geography (USD MN)
Global Market Analysis by Reactive Power Rating (USD MN)
Up to 100 MVAr Market by Geography (USD MN)
100–200 MVAr Market by Geography (USD MN)
Above 200 MVAr Market by Geography (USD MN)
Global Market Analysis by Starting Method (USD MN)
Static Frequency Converters Market by Geography (USD MN)
Pony Motors Market by Geography (USD MN)
Others Market by Geography (USD MN)
Global Market by Revenue
North America Market by Revenue
Europe Market by Revenue
Asia Pacific Market by Revenue
Latin America Market by Revenue
Middle East & Africa Market by Revenue
Recent Development in Industry
Company Market Share Analysis

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

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Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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