Static Synchronous Compensator (STATCOM) Global Market Report 2025

Static Synchronous Compensator (STATCOM) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on static synchronous compensator (statcom) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for static synchronous compensator (statcom) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The static synchronous compensator (statcom) market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered: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

Companies Mentioned: Mitsubishi Electric Corporation; Hitachi Energy Ltd.; Siemens AG; General Electric Company (GE); ABB Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


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

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