Lewes, DE -- (SBWire) -- 05/14/2019 --Synchronous Condenser market is expected to grow at a CAGR of roughly 26.7% over the next five years, will reach 51 million USD in 2024, from 12 million USD in 2019.
In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.
Scope of the Report:
Synchronous condenser industry has high technology barrier and is technology intensive industry. Currently, there are several producing companies in the world synchronous condenser industry. The main market players are Siemens, GE, Eaton, ABB, Voith and WEG. The production of synchronous condenser will increase to 262 M Var in 2017 from 180 M Var in 2012 with average growth rate of 27.55%.
North America and Europe are the main production regions and consumption regions. The synchronous condenser is mainly applied in long distance power transmission of large-scale power plants.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents increasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The worldwide market for Synchronous Condenser is expected to grow at a CAGR of roughly 26.7% over the next five years, will reach 51 million US$ in 2024, from 12 million US$ in 2019, according to a new study.
This report focuses on the Synchronous Condenser in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Siemens
GE
Eaton
ABB
Voith
WEG
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
<100 M Var
100-200 M Var
>200 M Var
Market Segment by Applications, can be divided into
Wind Power
Hydropower
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synchronous Condenser product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Synchronous Condenser, with price, sales, revenue and global market share of Synchronous Condenser in 2017 and 2018.
Chapter 3, the Synchronous Condenser competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synchronous Condenser breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Synchronous Condenser market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Synchronous Condenser sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Spanning over 116 pages "Forecast of Global Synchronous Condenser Market 2024" report covers Market Overview, Manufacturers Profiles, Global Synchronous Condenser Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Synchronous Condenser Market Analysis by Regions, North America Synchronous Condenser by Country, Europe Synchronous Condenser by Country, Asia-Pacific Synchronous Condenser by Country, South America Synchronous Condenser by Country, Middle East and Africa Synchronous Condenser by Countries, Global Synchronous Condenser Market Segment by Type, Global Synchronous Condenser Market Segment by Application, Synchronous Condenser Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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