Aerospace and Defence Synchronous Condenser Market

Market Definition

with increasing renewable power generation, long service life, and rising power factor demand HVDCURRENT and expansion in various regions is anticipated to increase demand for equipment such as synchronous condensers for power factor correction This segment is expected to dominate the market for new condensers. Growing market demand for condensers is an indication of the need for the expansion of the HVDC network. This market is expected to grow at the fastest during the forecast period. preferred because of their properties, like low density and high specific heat, which might result in increased demand for high-speed condensers in the forecast Synchronous devices are predicted to experience the greatest growth in the static frequency converter market. Static frequency converters have the low load and voltage-free installation cost. it has a low dynamic range, high reliability, and very low noise With that in mind, it can be assumed that its features will therefore be useful in the synchronous condenser. Synchronous condensers are expected to remain popular throughout the forecast period. Synchronous condensers improve grid stability, grid stability, and strength. The demand for grid stability and voltage control systems is projected to create a new market for synchronous condensers. North America is anticipated to be the most significant within the projection period. Synchronous condensers are anticipated to be in high demand in North America The demand for synchronous condensators is increasing in Canada, whereas in the United States, it is the older plants that are more often being converted to that type. This increase the demand for condensates in the local market as well..

Report Scope

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. 

Major Market Players

The report consists of the list of the vendor's profile of Synchronous Condenser market include ABB, Siemens, GE, Eaton , Voith Group , Fuji Electric , WEG, BRUSH Group , and Mitsubishi Electric

Synchronous Condenser Market report has been categorized as below

By Type

  • New Synchronous Condenser
  • Refurbished Synchronous Condenser

By Cooling Type

  • Hydrogen-Cooled
  • Air-Cooled
  • Water-Cooled

By Starting Method

  • Static Frequency Converter
  • Pony Motor
  • Others

By Reactive Power Rating (MVAr)

  • Up to 100 MVAr Synchronous Condenser
  • 100–200 MVAr Synchronous Condenser
  •  Above 200 MVAr Synchronous Condenser

By End-User

  • Electrical Utilities
  • Industries 

   By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia Pacific
  • Rest of the World
  • South America
  • Middle East and Africa

The years considered for the study are as follows:

  • Base year - 2020
  • Estimated year - 2021
  • Projected year - 2022
  • Forecast period - 2021 to 2027

Key Questions Addressed by the Report

  • New products/service competitor are exploring?
  • Key players in the market and how intense is the competition?
  • What are the upcoming industry trends that manufacturers are focusing on in the future updates?
  • For each segment, what are the significant opportunities in the market?
  • What are the key growth strategies adopted by major market players in the market?
  • What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

  • Gain comprehensive insights on Synchronous Condenser industry & market trends
  • Note complete analysis of the market status
  • Recognize the market opportunities and growth segments
  • Evaluating business segments & product portfolios, and interpret competitive dynamics
  • Facilitate strategy planning and industry dynamics to strengthen decision making

Report Content

  1. Synchronous Condenser Market 


  1. Key Insights
  2. Report Overview
  3. Markets Covered
  4. Stakeholders
  5. Research Methodology
  6. Research Scope
  7. Market Research Process
  8. Research Data Analysis
  9. Market Size Estimation
  10. Executive Summary
  11. Market Overview
  12. Introduction 
  13. Market Drivers and Restraints
  14. By Type
  15. New Synchronous Condenser
  16. Refurbished Synchronous Condenser
  17. By Cooling Type
  18. Hydrogen-Cooled
  19. Air-Cooled
  20. Water-Cooled
  21. By Starting Method
  22. Static Frequency Converter
  23. Pony Motor
  24. Others
  25. By Reactive Power Rating (MVAr)
  26. Up to 100 MVAr Synchronous Condenser
  27. 100–200 MVAr Synchronous Condenser
  28.  Above 200 MVAr Synchronous Condenser
  29. By End-User
  30. Electrical Utilities
  31. Industries 
  32. By Region
  33. North America
  34. United States
  35. Canada
  36. Europe
  37. United Kingdom
  38. Germany
  39. Rest of Europe
  40. Asia Pacific
  41. China
  42. Japan
  43. South Korea
  44. Rest of Asia Pacific
  45. Rest of the World
  46. Company Profile

(Profile contain company overview, products/services, financials & recent developments)

11.1.  ABB

11.2.  Siemens

11.3.  WEG

11.4.  Voith Group

11.5.  Fuji Electric

11.6.  GE

11.7.  Eaton

11.8.  Ideal Electric (Hyundai Ideal Electric Co.)

11.9.  Sustainable Power Systems

11.10.  Electromechanical Engineering Associates

11.11.  Power Systems & Controls

11.12.  Ansaldo Energia

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