Global Static Synchronous Compensator (STATCOM) Competitive Landscape Professional Research Report 2024

Research Summary

A Static Synchronous Compensator (STATCOM) is a power electronic device used in electrical power systems to regulate voltage and improve stability by dynamically providing reactive power compensation. It operates using a voltage source converter (VSC) connected to the power grid, adjusting its output voltage and phase angle to either absorb or generate reactive power as needed. This rapid adjustment helps maintain voltage levels within desired limits, enhancing the stability and quality of the power supply, especially during rapid load changes, voltage sags, or faults. STATCOMs are essential in modern power grids, supporting renewable energy integration, stabilizing transmission lines, and improving power quality in industrial installations due to their fast response time, scalability, and wide operating voltage range.

According to DIResearch's in-depth investigation and research, the global Static Synchronous Compensator (STATCOM) market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.

The major global manufacturers of Static Synchronous Compensator (STATCOM) include Hitachi, Ltd., Siemens Aktiengesellschaft, Windsun Science Technology Co., Ltd., Liaoning Rongxin Xingye Power Technology Co., Ltd., Sieyuan Electric Co., Ltd., TBEA Co., Ltd., Mitsubishi Electric Corporation, General Electric, Nari Technology Co., Ltd., Shandong Taikai Power Electronic Co., Ltd., Shenzhen Hopewind Electric Co., Ltd., American Superconductor Corporation, Ingeteam Inc., Beijing In-power Electric Co., Ltd. etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Static Synchronous Compensator (STATCOM). Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Static Synchronous Compensator (STATCOM) market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Static Synchronous Compensator (STATCOM) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Static Synchronous Compensator (STATCOM) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Static Synchronous Compensator (STATCOM) Include:

Hitachi, Ltd.

Siemens Aktiengesellschaft

Windsun Science Technology Co., Ltd.

Liaoning Rongxin Xingye Power Technology Co., Ltd.

Sieyuan Electric Co., Ltd.

TBEA Co., Ltd.

Mitsubishi Electric Corporation

General Electric

Nari Technology Co., Ltd.

Shandong Taikai Power Electronic Co., Ltd.

Shenzhen Hopewind Electric Co., Ltd.

American Superconductor Corporation

Ingeteam Inc.

Beijing In-power Electric Co., Ltd.

Static Synchronous Compensator (STATCOM) Product Segment Include:

High Voltage STATCOM

Low Voltage STATCOM

Static Synchronous Compensator (STATCOM) Product Application Include:

Electric Utilities

Renewable Energy

Industrial & Manufacturing

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Static Synchronous Compensator (STATCOM) Industry PESTEL Analysis

Chapter 3: Global Static Synchronous Compensator (STATCOM) Industry Porter's Five Forces Analysis

Chapter 4: Global Static Synchronous Compensator (STATCOM) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Static Synchronous Compensator (STATCOM) Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Static Synchronous Compensator (STATCOM) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Static Synchronous Compensator (STATCOM) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources

Table of Contents

1 Static Synchronous Compensator (STATCOM) Market Overview

1.1 Product Definition and Statistical Scope

1.2 Static Synchronous Compensator (STATCOM) Product by Type

1.2.1 Global Static Synchronous Compensator (STATCOM) Market Size by Type, 2023 VS 2024 VS 2030

1.2.2 High Voltage STATCOM

1.2.3 Low Voltage STATCOM

1.3 Static Synchronous Compensator (STATCOM) Product by Application

1.3.1 Global Static Synchronous Compensator (STATCOM) Market Size by Application, 2023 VS 2024 VS 2030

1.3.2 Electric Utilities

1.3.3 Renewable Energy

1.3.4 Industrial & Manufacturing

1.3.5 Others

1.4 Global Static Synchronous Compensator (STATCOM) Market Revenue and Sales Analysis

1.4.1 Global Static Synchronous Compensator (STATCOM) Market Size Analysis (2019-2030)

1.4.2 Global Static Synchronous Compensator (STATCOM) Market Sales Analysis (2019-2030)

1.4.3 Global Static Synchronous Compensator (STATCOM) Market Sales Price Trend Analysis (2019-2030)

1.5 Static Synchronous Compensator (STATCOM) Market Development Status and Trends

1.5.1 Static Synchronous Compensator (STATCOM) Industry Development Status Analysis

1.5.2 Static Synchronous Compensator (STATCOM) Industry Development Trends Analysis

2 Static Synchronous Compensator (STATCOM) Market PESTEL Analysis

2.1 Political Factors Analysis

2.2 Economic Factors Analysis

2.3 Social Factors Analysis

2.4 Technological Factors Analysis

2.5 Environmental Factors Analysis

2.6 Legal Factors Analysis

3 Static Synchronous Compensator (STATCOM) Market Porter's Five Forces Analysis

3.1 Competitive Rivalry

3.2 Threat of New Entrants

3.3 Bargaining Power of Suppliers

3.4 Bargaining Power of Buyers

3.5 Threat of Substitutes

4 Global Static Synchronous Compensator (STATCOM) Market Analysis by Regions

4.1 Static Synchronous Compensator (STATCOM) Overall Market: 2023 VS 2024 VS 2030

4.2 Global Static Synchronous Compensator (STATCOM) Revenue and Forecast Analysis (2019-2030)

4.2.1 Global Static Synchronous Compensator (STATCOM) Revenue and Market Share by Region (2019-2024)

4.2.2 Global Static Synchronous Compensator (STATCOM) Revenue Forecast by Region (2025-2030)

4.3 Global Static Synchronous Compensator (STATCOM) Sales and Forecast Analysis (2019-2030)

4.3.1 Global Static Synchronous Compensator (STATCOM) Sales and Market Share by Region (2019-2024)

4.3.2 Global Static Synchronous Compensator (STATCOM) Sales Forecast by Region (2025-2030)

4.4 Global Static Synchronous Compensator (STATCOM) Sales Price Trend Analysis (2019-2030)

5 Global Static Synchronous Compensator (STATCOM) Market Size by Type and Application

5.1 Global Static Synchronous Compensator (STATCOM) Market Size by Type

5.1.1 Global Static Synchronous Compensator (STATCOM) Revenue and Forecast Analysis by Type (2019-2030)

5.1.2 Global Static Synchronous Compensator (STATCOM) Sales and Forecast Analysis by Type (2019-2030)

5.2 Global Static Synchronous Compensator (STATCOM) Market Size by Application

5.2.1 Global Static Synchronous Compensator (STATCOM) Revenue and Forecast Analysis by Application (2019-2030)

5.2.2 Global Static Synchronous Compensator (STATCOM) Sales and Forecast Analysis by Application (2019-2030)

6 North America

6.1 North America Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

6.2 North America Key Manufacturers Analysis

6.3 North America Static Synchronous Compensator (STATCOM) Market Size by Type

6.3.1 North America Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

6.3.2 North America Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

6.4 North America Static Synchronous Compensator (STATCOM) Market Size by Application

6.4.1 North America Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

6.4.2 North America Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

6.5 North America Static Synchronous Compensator (STATCOM) Market Size by Country

6.5.1 US

6.5.2 Canada

7 Europe

7.1 Europe Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

7.2 Europe Key Manufacturers Analysis

7.3 Europe Static Synchronous Compensator (STATCOM) Market Size by Type

7.3.1 Europe Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

7.3.2 Europe Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

7.4 Europe Static Synchronous Compensator (STATCOM) Market Size by Application

7.4.1 Europe Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

7.4.2 ? Europe Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

7.5 Europe Static Synchronous Compensator (STATCOM) Market Size by Country

7.5.1 Germany

7.5.2 France

7.5.3 United Kingdom

7.5.4 Italy

7.5.5 Spain

7.5.6 Benelux

8 China

8.1 China Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

8.2 China Key Manufacturers Analysis

8.3 China Static Synchronous Compensator (STATCOM) Market Size by Type

8.3.1 China Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

8.3.2 China Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

8.4 China Static Synchronous Compensator (STATCOM) Market Size by Application

8.4.1 China Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

8.4.2 China Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

9 APAC (excl. China)

9.1 APAC (excl. China) Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

9.2 APAC (excl. China) Key Manufacturers Analysis

9.3 APAC (excl. China) Static Synchronous Compensator (STATCOM) Market Size by Type

9.3.1 APAC (excl. China) Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

9.3.2 APAC (excl. China) Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

9.4 APAC (excl. China) Static Synchronous Compensator (STATCOM) Market Size by Application

9.4.1 APAC (excl. China) Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

9.4.2 APAC (excl. China) Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

9.5 APAC (excl. China) Static Synchronous Compensator (STATCOM) Market Size by Country

9.5.1 Japan

9.5.2 South Korea

9.5.3 India

9.5.4 Australia

9.5.5 Indonesia

9.5.6 Vietnam

9.5.7 Malaysia

9.5.8 Thailand

10 Latin America

10.1 Latin America Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

10.2 Latin America Key Manufacturers Analysis

10.3 Latin America Static Synchronous Compensator (STATCOM) Market Size by Type

10.3.1 Latin America Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

10.3.2 Latin America Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

10.4 Latin America Static Synchronous Compensator (STATCOM) Market Size by Application

10.4.1 Latin America Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

10.4.2 Latin America Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

10.5 Latin America Static Synchronous Compensator (STATCOM) Market Size by Country

10.5.1 Mexico

10.5.2 Brazil

11 Middle East & Africa

11.1 Middle East & Africa Static Synchronous Compensator (STATCOM) Market Size and Growth Rate Analysis (2019-2030)

11.2 Middle East & Africa Key Manufacturers Analysis

11.3 Middle East & Africa Static Synchronous Compensator (STATCOM) Market Size by Type

11.3.1 Middle East & Africa Static Synchronous Compensator (STATCOM) Sales by Type (2019-2030)

11.3.2 Middle East & Africa Static Synchronous Compensator (STATCOM) Revenue by Type (2019-2030)

11.4 Middle East & Africa Static Synchronous Compensator (STATCOM) Market Size by Application

11.4.1 Middle East & Africa Static Synchronous Compensator (STATCOM) Sales by Application (2019-2030)

11.4.2 Middle East & Africa Static Synchronous Compensator (STATCOM) Revenue by Application (2019-2030)

11.5 Middle East & Africa Static Synchronous Compensator (STATCOM) Market Size by Country

11.5.1 Saudi Arabia

11.5.2 South Africa

12 Competition by Manufacturers

12.1 Global Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Price by Key Manufacturers (2020-2024)

12.1.1 Global Static Synchronous Compensator (STATCOM) Market Sales by Key Manufacturers (2020-2024)

12.1.2 Global Static Synchronous Compensator (STATCOM) Market Revenue by Key Manufacturers (2020-2024)

12.1.3 Global Static Synchronous Compensator (STATCOM) Average Sales Price by Manufacturers (2020-2024)

12.2 Static Synchronous Compensator (STATCOM) Competitive Landscape Analysis and Market Dynamic

12.2.1 Static Synchronous Compensator (STATCOM) Competitive Landscape Analysis

12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales

12.2.3 Market Dynamic

13 Key Companies Analysis

13.1 Hitachi, Ltd.

13.1.1 Hitachi, Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.1.2 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.1.3 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.2 Siemens Aktiengesellschaft

13.2.1 Siemens Aktiengesellschaft Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.2.2 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Product Portfolio

13.2.3 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.3 Windsun Science Technology Co., Ltd.

13.3.1 Windsun Science Technology Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.3.2 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.3.3 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.4 Liaoning Rongxin Xingye Power Technology Co., Ltd.

13.4.1 Liaoning Rongxin Xingye Power Technology Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.4.2 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.4.3 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.5 Sieyuan Electric Co., Ltd.

13.5.1 Sieyuan Electric Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.5.2 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.5.3 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.6 TBEA Co., Ltd.

13.6.1 TBEA Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.6.2 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.6.3 TBEA Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.7 Mitsubishi Electric Corporation

13.7.1 Mitsubishi Electric Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.7.2 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Product Portfolio

13.7.3 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.8 General Electric

13.8.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.8.2 General Electric Static Synchronous Compensator (STATCOM) Product Portfolio

13.8.3 General Electric Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.9 Nari Technology Co., Ltd.

13.9.1 Nari Technology Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.9.2 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.9.3 Nari Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.10 Shandong Taikai Power Electronic Co., Ltd.

13.10.1 Shandong Taikai Power Electronic Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.10.2 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.10.3 Shandong Taikai Power Electronic Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.11 Shenzhen Hopewind Electric Co., Ltd.

13.11.1 Shenzhen Hopewind Electric Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.11.2 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.11.3 Shenzhen Hopewind Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.12 American Superconductor Corporation

13.12.1 American Superconductor Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.12.2 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Product Portfolio

13.12.3 American Superconductor Corporation Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.13 Ingeteam Inc.

13.13.1 Ingeteam Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.13.2 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Product Portfolio

13.13.3 Ingeteam Inc. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.14 Beijing In-power Electric Co., Ltd.

13.14.1 Beijing In-power Electric Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.14.2 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio

13.14.3 Beijing In-power Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

14 Industry Chain Analysis

14.1 Static Synchronous Compensator (STATCOM) Industry Chain Analysis

14.2 Static Synchronous Compensator (STATCOM) Industry Upstream Supply Analysis

14.2.1 Upstream Key Raw Material Supply Analysis

14.2.2 Raw Material Suppliers and Contact Information

14.3 Static Synchronous Compensator (STATCOM) Typical Downstream Customers

14.4 Static Synchronous Compensator (STATCOM) Sales Channel Analysis

15 Research Findings and Conclusion

16 Methodology and Data Source

16.1 Methodology/Research Approach

16.2 Research Scope

16.3 Benchmarks and Assumptions

16.4 Date Source

16.4.1 Primary Sources

16.4.2 Secondary Sources

16.5 Data Cross Validation

16.6 Disclaimer

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