Top Key Players Operating in Static VAR Compensator (SVC) Market Are ABB Ltd., Mitsubishi Electric Corporation: 2025
Static VAR compensator, usually referred to as SVC, is a power quality device employed in power electronics to control the reactive power flow of the systems to which it is connected. It provides fast-acting reactive power compensation on high-voltage electrical systems. In other words, a static VAR compensator regulates and controls the voltage of devices to the required set point, thereby providing fast-acting reactive power on electricity transmission networks. Static VAR compensators are primarily used in large industries, such as...
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