Global Static Var Compensator and Static Var Generator Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Static Var Compensator and Static Var Generator market size will reach 1,772.86 Million USD in 2025 and is projected to reach 2,479.66 Million USD by 2032, with a CAGR of 4.91% (2025-2032). Notably, the China Static Var Compensator and Static Var Generator 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 Var Compensator (SVC) and a Static Var Generator (SVG) are advanced power electronic devices used to manage reactive power and enhance voltage stability in electrical power systems. An SVC operates by using a combination of thyristor-controlled reactors (TCRs) and thyristor-switched capacitors (TSCs) to dynamically adjust reactive power flow, thereby maintaining voltage levels and improving system stability. In contrast, an SVG, also known as a Static Synchronous Compensator (STATCOM), utilizes a voltage source converter (VSC) to provide fast and precise reactive power compensation by generating or absorbing reactive power directly. Both devices are essential for stabilizing voltage, improving power quality, and ensuring reliable operation of power grids, particularly in scenarios with rapid load changes or integration of renewable energy sources.
The major global manufacturers of Static Var Compensator and Static Var Generator include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, Mitsubishi Electric, Hitachi, Toshiba, S&C Electric, GE, Hangzhou Yinhu Electric, AMSC, Xian XD Power, Weihan, Ingeteam, Hengshun Zhongsheng, Sinexcel, Merus Power, Baoding Sifang Sanyi Electric, Xuji Group Corporation, Zhiguang Electric, Comsys, Beijing In-power Electric Co., Ltd, Surpass Sun Electric, 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 Var Compensator and Static Var Generator. 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Include:
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
Static Var Compensator and Static Var Generator Product Segment Include:
Static Var Compensator
Static Var Generator
Static Var Compensator and Static Var Generator Product Application Include:
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Static Var Compensator and Static Var Generator Industry PESTEL Analysis
Chapter 3: Global Static Var Compensator and Static Var Generator Industry Porter's Five Forces Analysis
Chapter 4: Global Static Var Compensator and Static Var Generator Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Static Var Compensator and Static Var Generator Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Static Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Static Var Compensator and Static Var Generator market size will reach 1,772.86 Million USD in 2025 and is projected to reach 2,479.66 Million USD by 2032, with a CAGR of 4.91% (2025-2032). Notably, the China Static Var Compensator and Static Var Generator 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 Var Compensator (SVC) and a Static Var Generator (SVG) are advanced power electronic devices used to manage reactive power and enhance voltage stability in electrical power systems. An SVC operates by using a combination of thyristor-controlled reactors (TCRs) and thyristor-switched capacitors (TSCs) to dynamically adjust reactive power flow, thereby maintaining voltage levels and improving system stability. In contrast, an SVG, also known as a Static Synchronous Compensator (STATCOM), utilizes a voltage source converter (VSC) to provide fast and precise reactive power compensation by generating or absorbing reactive power directly. Both devices are essential for stabilizing voltage, improving power quality, and ensuring reliable operation of power grids, particularly in scenarios with rapid load changes or integration of renewable energy sources.
The major global manufacturers of Static Var Compensator and Static Var Generator include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, Mitsubishi Electric, Hitachi, Toshiba, S&C Electric, GE, Hangzhou Yinhu Electric, AMSC, Xian XD Power, Weihan, Ingeteam, Hengshun Zhongsheng, Sinexcel, Merus Power, Baoding Sifang Sanyi Electric, Xuji Group Corporation, Zhiguang Electric, Comsys, Beijing In-power Electric Co., Ltd, Surpass Sun Electric, 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 Var Compensator and Static Var Generator. 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Include:
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
Static Var Compensator and Static Var Generator Product Segment Include:
Static Var Compensator
Static Var Generator
Static Var Compensator and Static Var Generator Product Application Include:
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Static Var Compensator and Static Var Generator Industry PESTEL Analysis
Chapter 3: Global Static Var Compensator and Static Var Generator Industry Porter's Five Forces Analysis
Chapter 4: Global Static Var Compensator and Static Var Generator Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Static Var Compensator and Static Var Generator Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Static Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Static Var Compensator and Static Var Generator Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Static Var Compensator and Static Var Generator Product by Type
- 1.2.1 Static Var Compensator
- 1.2.2 Static Var Generator
- 1.3 Static Var Compensator and Static Var Generator Product by Application
- 1.3.1 Renewable Energy
- 1.3.2 Electric Utilities
- 1.3.3 Industrial & Manufacturing
- 1.3.4 Other
- 1.4 Global Static Var Compensator and Static Var Generator Market Revenue and Sales Analysis
- 1.4.1 Global Static Var Compensator and Static Var Generator Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Static Var Compensator and Static Var Generator Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Static Var Compensator and Static Var Generator Market Sales Price Trend Analysis (2020-2032)
- 1.5 Static Var Compensator and Static Var Generator Market Development Status and Trends
- 1.5.1 Static Var Compensator and Static Var Generator Industry Development Status Analysis
- 1.5.2 Static Var Compensator and Static Var Generator Industry Development Trends Analysis
- 2 Static Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator 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 Var Compensator and Static Var Generator Market Analysis by Country
- 4.1 Global Static Var Compensator and Static Var Generator Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Static Var Compensator and Static Var Generator Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Static Var Compensator and Static Var Generator Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Static Var Compensator and Static Var Generator Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Static Var Compensator and Static Var Generator Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Static Var Compensator and Static Var Generator Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Static Var Compensator and Static Var Generator Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Static Var Compensator and Static Var Generator Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Static Var Compensator and Static Var Generator Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Static Var Compensator and Static Var Generator Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Static Var Compensator and Static Var Generator Average Sales Price by Manufacturers (2021-2025)
- 5.2 Static Var Compensator and Static Var Generator Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Static Var Compensator and Static Var Generator Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Static Var Compensator and Static Var Generator Market Analysis by Type
- 6.1 Global Static Var Compensator and Static Var Generator Market Revenue Analysis by Type
- 6.1.1 Global Static Var Compensator and Static Var Generator Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Static Var Compensator and Static Var Generator Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Static Var Compensator and Static Var Generator Market Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Static Var Compensator and Static Var Generator Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 ABB
- 7.1.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 ABB Static Var Compensator and Static Var Generator Product Portfolio
- 7.1.3 ABB Static Var Compensator and Static Var Generator Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Siemens
- 7.2.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Siemens Static Var Compensator and Static Var Generator Product Portfolio
- 7.2.3 Siemens Static Var Compensator and Static Var Generator Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Rongxin Power Electronic
- 7.3.1 Rongxin Power Electronic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Rongxin Power Electronic Static Var Compensator and Static Var Generator Product Portfolio
- 7.3.3 Rongxin Power Electronic Static Var Compensator and Static Var Generator Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Sieyuan Electric
- 7.4.1 Sieyuan Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Sieyuan Electric Static Var Compensator and Static Var Generator Product Portfolio
- 7.4.3 Sieyuan Electric Static Var Compensator and Static Var Generator Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Mitsubishi Electric
- 7.5.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Mitsubishi Electric Static Var Compensator and Static Var Generator Product Portfolio
- 7.5.3 Mitsubishi Electric Static Var Compensator and Static Var Generator Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Hitachi
- 7.6.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Con
Pricing
Currency Rates
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