Global Static Var Generator (SVG) 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 Generator (SVG) market size will reach 995.47 Million USD in 2025 and is projected to reach 1,426.13 Million USD by 2032, with a CAGR of 5.27% (2025-2032). Notably, the China Static Var Generator (SVG) 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 Generator (SVG), also known as a Static Synchronous Compensator (STATCOM), is a power electronic device used to provide fast and precise reactive power compensation in electrical power systems. It operates using a voltage source converter (VSC) that generates or absorbs reactive power as needed to maintain stable voltage levels and improve power quality. SVGs are highly effective in dynamically adjusting to changes in load and system conditions, making them ideal for stabilizing voltage, reducing power losses, and supporting the integration of renewable energy sources. Their rapid response time and ability to operate over a wide range of voltage levels make SVGs crucial for enhancing the reliability and efficiency of modern power grids, especially in applications such as transmission networks, industrial plants, and large-scale renewable energy installations.
The major global manufacturers of Static Var Generator (SVG) include Siemens, Hitachi ABB, Mitsubishi Electric, GE, AMSC, NR Electric Co., Ltd., Xin Fengguang, Sieyuan Electric, Rongxin Power Electronic Co., Ltd, Taikai Power Electronic, TBEA, XJ Group, Hopewind, 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 Generator (SVG). 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 Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) Include:
Siemens
Hitachi ABB
Mitsubishi Electric
GE
AMSC
NR Electric Co., Ltd.
Xin Fengguang
Sieyuan Electric
Rongxin Power Electronic Co., Ltd
Taikai Power Electronic
TBEA
XJ Group
Hopewind
Static Var Generator (SVG) Product Segment Include:
Low Voltage SVG
High Voltage SV
Static Var Generator (SVG) 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 Var Generator (SVG) Industry PESTEL Analysis
Chapter 3: Global Static Var Generator (SVG) Industry Porter's Five Forces Analysis
Chapter 4: Global Static Var Generator (SVG) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Static Var Generator (SVG) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Static Var Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) market size will reach 995.47 Million USD in 2025 and is projected to reach 1,426.13 Million USD by 2032, with a CAGR of 5.27% (2025-2032). Notably, the China Static Var Generator (SVG) 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 Generator (SVG), also known as a Static Synchronous Compensator (STATCOM), is a power electronic device used to provide fast and precise reactive power compensation in electrical power systems. It operates using a voltage source converter (VSC) that generates or absorbs reactive power as needed to maintain stable voltage levels and improve power quality. SVGs are highly effective in dynamically adjusting to changes in load and system conditions, making them ideal for stabilizing voltage, reducing power losses, and supporting the integration of renewable energy sources. Their rapid response time and ability to operate over a wide range of voltage levels make SVGs crucial for enhancing the reliability and efficiency of modern power grids, especially in applications such as transmission networks, industrial plants, and large-scale renewable energy installations.
The major global manufacturers of Static Var Generator (SVG) include Siemens, Hitachi ABB, Mitsubishi Electric, GE, AMSC, NR Electric Co., Ltd., Xin Fengguang, Sieyuan Electric, Rongxin Power Electronic Co., Ltd, Taikai Power Electronic, TBEA, XJ Group, Hopewind, 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 Generator (SVG). 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 Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) Include:
Siemens
Hitachi ABB
Mitsubishi Electric
GE
AMSC
NR Electric Co., Ltd.
Xin Fengguang
Sieyuan Electric
Rongxin Power Electronic Co., Ltd
Taikai Power Electronic
TBEA
XJ Group
Hopewind
Static Var Generator (SVG) Product Segment Include:
Low Voltage SVG
High Voltage SV
Static Var Generator (SVG) 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 Var Generator (SVG) Industry PESTEL Analysis
Chapter 3: Global Static Var Generator (SVG) Industry Porter's Five Forces Analysis
Chapter 4: Global Static Var Generator (SVG) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Static Var Generator (SVG) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Static Var Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Static Var Generator (SVG) Product by Type
- 1.2.1 Low Voltage SVG
- 1.2.2 High Voltage SV
- 1.3 Static Var Generator (SVG) 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 Var Generator (SVG) Market Revenue and Sales Analysis
- 1.4.1 Global Static Var Generator (SVG) Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Static Var Generator (SVG) Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Static Var Generator (SVG) Market Sales Price Trend Analysis (2020-2032)
- 1.5 Static Var Generator (SVG) Market Development Status and Trends
- 1.5.1 Static Var Generator (SVG) Industry Development Status Analysis
- 1.5.2 Static Var Generator (SVG) Industry Development Trends Analysis
- 2 Static Var Generator (SVG) 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 Generator (SVG) 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 Generator (SVG) Market Analysis by Country
- 4.1 Global Static Var Generator (SVG) Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Static Var Generator (SVG) Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Static Var Generator (SVG) Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Static Var Generator (SVG) Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Static Var Generator (SVG) Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Static Var Generator (SVG) Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Static Var Generator (SVG) Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Static Var Generator (SVG) Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Static Var Generator (SVG) Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Static Var Generator (SVG) Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Static Var Generator (SVG) Average Sales Price by Manufacturers (2021-2025)
- 5.2 Static Var Generator (SVG) Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Static Var Generator (SVG) Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Static Var Generator (SVG) Market Analysis by Type
- 6.1 Global Static Var Generator (SVG) Market Revenue Analysis by Type
- 6.1.1 Global Static Var Generator (SVG) Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Static Var Generator (SVG) Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Static Var Generator (SVG) Market Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Static Var Generator (SVG) Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Siemens
- 7.1.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Siemens Static Var Generator (SVG) Product Portfolio
- 7.1.3 Siemens Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Hitachi ABB
- 7.2.1 Hitachi ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Hitachi ABB Static Var Generator (SVG) Product Portfolio
- 7.2.3 Hitachi ABB Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Mitsubishi Electric
- 7.3.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Mitsubishi Electric Static Var Generator (SVG) Product Portfolio
- 7.3.3 Mitsubishi Electric Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 GE
- 7.4.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 GE Static Var Generator (SVG) Product Portfolio
- 7.4.3 GE Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 AMSC
- 7.5.1 AMSC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 AMSC Static Var Generator (SVG) Product Portfolio
- 7.5.3 AMSC Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 NR Electric Co., Ltd.
- 7.6.1 NR Electric Co., Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 NR Electric Co., Ltd. Static Var Generator (SVG) Product Portfolio
- 7.6.3 NR Electric Co., Ltd. Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Xin Fengguang
- 7.7.1 Xin Fengguang Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Xin Fengguang Static Var Generator (SVG) Product Portfolio
- 7.7.3 Xin Fengguang Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Sieyuan Electric
- 7.8.1 Sieyuan Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Sieyuan Electric Static Var Generator (SVG) Product Portfolio
- 7.8.3 Sieyuan Electric Static Var Generator (SVG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Rongxin Power Electronic Co., Ltd
- 7.9.1 Rongxin Power Electronic Co., Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Rongxin Power Electronic Co., Ltd Static Var Generator (SVG) Product Portfolio
- 7.9.3 Rongxin Power Electroni
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
