Market Overview
According to DIResearch＇s in-depth investigation and research, the global Static Synchronous Compensator (STATCOM) market size will reach 1,046.44 Million USD in 2025 and is projected to reach 1,444.21 Million USD by 2032, with a CAGR of 4.71% (2025-2032). Notably, the China Static Synchronous Compensator (STATCOM) market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
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.
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 tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
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, 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 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, 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 Trend
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 (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Static Synchronous Compensator (STATCOM) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Static Synchronous Compensator (STATCOM) Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Static Synchronous Compensator (STATCOM) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
- 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 High Voltage STATCOM
- 1.2.2 Low Voltage STATCOM
- 1.3 Static Synchronous Compensator (STATCOM) Product by Application
- 1.3.1 Electric Utilities
- 1.3.2 Renewable Energy
- 1.3.3 Industrial & Manufacturing
- 1.3.4 Others
- 1.4 Global Static Synchronous Compensator (STATCOM) Market Revenue and Sales Analysis
- 1.4.1 Global Static Synchronous Compensator (STATCOM) Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Static Synchronous Compensator (STATCOM) Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Static Synchronous Compensator (STATCOM) Market Sales Price Trend Analysis (2020-2032)
- 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 Country
- 4.1 Global Static Synchronous Compensator (STATCOM) Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Static Synchronous Compensator (STATCOM) Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Static Synchronous Compensator (STATCOM) Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Static Synchronous Compensator (STATCOM) Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Static Synchronous Compensator (STATCOM) Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Static Synchronous Compensator (STATCOM) Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Static Synchronous Compensator (STATCOM) Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Static Synchronous Compensator (STATCOM) Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Static Synchronous Compensator (STATCOM) Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Static Synchronous Compensator (STATCOM) Average Sales Price by Manufacturers (2021-2025)
- 5.2 Static Synchronous Compensator (STATCOM) Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Static Synchronous Compensator (STATCOM) Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Static Synchronous Compensator (STATCOM) Market Analysis by Type
- 6.1 Global Static Synchronous Compensator (STATCOM) Market Revenue Analysis by Type
- 6.1.1 Global Static Synchronous Compensator (STATCOM) Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Static Synchronous Compensator (STATCOM) Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Static Synchronous Compensator (STATCOM) Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Static Synchronous Compensator (STATCOM) Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Hitachi, Ltd.
- 7.1.1 Hitachi, Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
- 7.1.3 Hitachi, Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Siemens Aktiengesellschaft
- 7.2.1 Siemens Aktiengesellschaft Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Product Portfolio
- 7.2.3 Siemens Aktiengesellschaft Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Windsun Science Technology Co., Ltd.
- 7.3.1 Windsun Science Technology Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
- 7.3.3 Windsun Science Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Liaoning Rongxin Xingye Power Technology Co., Ltd.
- 7.4.1 Liaoning Rongxin Xingye Power Technology Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
- 7.4.3 Liaoning Rongxin Xingye Power Technology Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Sieyuan Electric Co., Ltd.
- 7.5.1 Sieyuan Electric Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Portfolio
- 7.5.3 Sieyuan Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 TBEA Co., Ltd.
- 7.6.1 TBEA Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 TBEA Co., Ltd. Static Synchronous
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