In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.
Synchronous condenser industry has high technology barrier and is technology intensive industry. Currently, there are several producing companies in the world synchronous condenser industry. The main market players are Siemens, GE, Eaton, ABB, Voith and WEG. The production of synchronous condenser will increase to 262 M Var in 2017 from 180 M Var in 2012 with average growth rate of 27.55%.
North America and Europe are the main production regions and consumption regions. The synchronous condenser is mainly applied in long distance power transmission of large-scale power plants.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents increasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The report offers detailed coverage of Synchronous Condenser industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Synchronous Condenser by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Synchronous Condenser market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Synchronous Condenser market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Siemens
GE
Eaton
ABB
Voith
WEG
At the same time, we classify Synchronous Condenser according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
200 M Var
Market by Application
Wind Power
Hydropower
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Synchronous Condenser market for the forecast period 2021 - 2025?
• What are the driving forces in the Synchronous Condenser market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Synchronous Condenser industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?