Global Static VAR Compensator (SVC) Market Growth 2025-2031
Description
The global Static VAR Compensator (SVC) market size is predicted to grow from US$ 699 million in 2025 to US$ 801 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
SVC reactive compensation device is static reactive compensation device.A device consisting of a capacitor and various reactance elements connected in parallel with the system and supplying or absorbing reactive power from the system, referred to as static complement.The main part of the device has no mechanical moving parts and its output reactive power can be changed rapidly to maintain or control certain parameters of the power system.
Asia-Pacific is the fastest growing market.
LP Information, Inc. (LPI) ' newest research report, the “Static VAR Compensator (SVC) Industry Forecast” looks at past sales and reviews total world Static VAR Compensator (SVC) sales in 2024, providing a comprehensive analysis by region and market sector of projected Static VAR Compensator (SVC) sales for 2025 through 2031. With Static VAR Compensator (SVC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Static VAR Compensator (SVC) industry.
This Insight Report provides a comprehensive analysis of the global Static VAR Compensator (SVC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Static VAR Compensator (SVC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Static VAR Compensator (SVC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Static VAR Compensator (SVC) and breaks down the forecast by Control, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Static VAR Compensator (SVC).
This report presents a comprehensive overview, market shares, and growth opportunities of Static VAR Compensator (SVC) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Control:
Controllable Saturation Shunt Reactance Type (CSR)
Self-Saturated Parallel Reactance Type (SR)
Thyristor Controlled Parallel Reactance Type (TCR)
Thyristor Controlled Transformer Type (TCT)
Thyristor Switching Shunt Capacitor Type (TSC)
Thyristor Switching Reactor (TSR)
Segmentation by Application:
Electric Utility
Renewable Industrial
Railway
Steel & Mining
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rongxin Power Electronic (China)
ABB Ltd. (Switzerland)
Siemens AG (Germany)
General Electric (U.S.)
Eaton Corp plc (Ireland)
American Electric Power (U.S.)
Hyosung (South Korea)
NR Electric Co. Ltd. (China)
Mitsubishi Electric Corp. (Japan)
American Superconductor Corp. (U.S.)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Static VAR Compensator (SVC) market?
What factors are driving Static VAR Compensator (SVC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Static VAR Compensator (SVC) market opportunities vary by end market size?
How does Static VAR Compensator (SVC) break out by Control, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
SVC reactive compensation device is static reactive compensation device.A device consisting of a capacitor and various reactance elements connected in parallel with the system and supplying or absorbing reactive power from the system, referred to as static complement.The main part of the device has no mechanical moving parts and its output reactive power can be changed rapidly to maintain or control certain parameters of the power system.
Asia-Pacific is the fastest growing market.
LP Information, Inc. (LPI) ' newest research report, the “Static VAR Compensator (SVC) Industry Forecast” looks at past sales and reviews total world Static VAR Compensator (SVC) sales in 2024, providing a comprehensive analysis by region and market sector of projected Static VAR Compensator (SVC) sales for 2025 through 2031. With Static VAR Compensator (SVC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Static VAR Compensator (SVC) industry.
This Insight Report provides a comprehensive analysis of the global Static VAR Compensator (SVC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Static VAR Compensator (SVC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Static VAR Compensator (SVC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Static VAR Compensator (SVC) and breaks down the forecast by Control, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Static VAR Compensator (SVC).
This report presents a comprehensive overview, market shares, and growth opportunities of Static VAR Compensator (SVC) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Control:
Controllable Saturation Shunt Reactance Type (CSR)
Self-Saturated Parallel Reactance Type (SR)
Thyristor Controlled Parallel Reactance Type (TCR)
Thyristor Controlled Transformer Type (TCT)
Thyristor Switching Shunt Capacitor Type (TSC)
Thyristor Switching Reactor (TSR)
Segmentation by Application:
Electric Utility
Renewable Industrial
Railway
Steel & Mining
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rongxin Power Electronic (China)
ABB Ltd. (Switzerland)
Siemens AG (Germany)
General Electric (U.S.)
Eaton Corp plc (Ireland)
American Electric Power (U.S.)
Hyosung (South Korea)
NR Electric Co. Ltd. (China)
Mitsubishi Electric Corp. (Japan)
American Superconductor Corp. (U.S.)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Static VAR Compensator (SVC) market?
What factors are driving Static VAR Compensator (SVC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Static VAR Compensator (SVC) market opportunities vary by end market size?
How does Static VAR Compensator (SVC) break out by Control, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
99 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Static VAR Compensator (SVC) by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Static VAR Compensator (SVC) by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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