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Synchronous Condenser Market Size and growth rate 2025 to 2029: Graph

Synchronous Condenser Global Market Report 2025 - By Type (New Synchronous Condenser, Refurbished Synchronous Condenser), By Starting Method (Static Frequency Convertor, Pony Motor, Other Starting Methods), By Cooling Type (Hydrogen-Cooled, Air-Cooled, Water-Cooled), By Reactive Power Rating (Up To 100 Mega Volt-Ampere Reactive (MVAR), 100-200 Mega Volt-Ampere Reactive (MVAR), Above 200 Mega Volt-Ampere Reactive (MVAR)), By End-User (Utilities, Industrial, Renewable Energy, Other End-Users) - Market Size, Trends, And Global Forecast 2025-2034

Synchronous Condenser Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Synchronous Condenser Global Market Report 2025

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What Is Covered Under Synchronous Condenser Market?

Synchronous condenser refers to a rotating electrical machine that provides reactive power support and voltage regulation in power transmission networks. It helps stabilize the grid by improving power factor and managing fluctuations in load demand.

The main types of synchronous condensers are new synchronous condensers and refurbished synchronous condensers. A new synchronous condenser is a modern electrical machine that provides reactive power support to stabilize voltage and improve power quality in advanced power grids. The starting methods include static frequency converters, pony motors, and other methods. The various cooling types include hydrogen-cooled, air-cooled, and water-cooled systems. Reactive power ratings are classified as up to 100 mega volt-amperes reactive (MVAR), 100–200 mega volt-ampere reactive (MVAR), and above 200 mega volt-amperes reactive (MVAR). These are used by various end-users such as utilities, industrial sectors, renewable energy companies, and others.

Synchronous Condenser Market Size and growth rate 2025 to 2029: Graph
Share Share

What Is The Synchronous Condenser Market Size 2025 And Growth Rate?

The synchronous condenser market size has grown strongly in recent years. It will grow from $1.08 billion in 2024 to $1.14 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing investments in power infrastructure modernization, rising energy consumption in developing countries, rise in electricity demand due to urbanization, increasing need for inertia in low-carbon power systems, and rising government support for grid stability solutions.

What Is The Synchronous Condenser Market Growth Forecast?

The synchronous condenser market size is expected to see strong growth in the next few years. It will grow to $1.42 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing adoption of renewable energy sources, rising need for grid stability and frequency regulation, growing investments in power infrastructure, increasing demand for energy storage solutions, and rise in demand for reactive power compensation. Major trends in the forecast period include advancement in energy storage technologies, advanced grid integration solutions, innovation in synchronous condenser design, integration of artificial intelligence for monitoring, and innovation in power grid stability solutions.

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How Is The Synchronous Condenser Market Segmented?

The synchronous condenser market covered in this report is segmented –

1) By Type: New Synchronous Condenser, Refurbished Synchronous Condenser

2) By Starting Method: Static Frequency Convertor, Pony Motor, Other Starting Methods

3) By Cooling Type: Hydrogen-Cooled, Air-Cooled, Water-Cooled

4) By Reactive Power Rating: Up To 100 Mega Volt-Ampere Reactive (MVAR), 100-200 Mega Volt-Ampere Reactive (MVAR), Above 200 Mega Volt-Ampere Reactive (MVAR)

5) By End-User: Utilities, Industrial, Renewable Energy, Other End-Users

Subsegments:

1) By New Synchronous Condenser: Air-Cooled Synchronous Condenser, Water-Cooled Synchronous Condenser, Hydrogen-Cooled Synchronous Condenser

2) By Refurbished Synchronous Condenser: Retrofitted Synchronous Condenser, Reconditioned Synchronous Condenser, Upgraded Synchronous Condenser

What Is Driving The Synchronous Condenser Market? The Increasing Demand For Renewable Energy Sources Is Fueling The Market Growth Due To The Need For Enhance Grid Stability And Integration Support

The increasing demand for renewable energy sources is expected to propel the growth of the synchronous condenser market going forward. Renewable energy sources refer to natural resources that are replenished constantly and can be used to generate energy sustainably, such as solar, wind, hydro, geothermal, and biomass. The rise in the use of renewable energy sources is primarily driven by the growing need to reduce greenhouse gas emissions and decrease dependence on fossil fuels, as these efforts aim to combat climate change, enhance energy security, and promote sustainable development. Synchronous condenser enhances grid stability by providing reactive power support and voltage regulation, making it easier to integrate intermittent renewable energy sources such as wind and solar into the power system. For instance, in December 2024, according to the Eurostat, a Luxembourg-based government agency, in 2023, renewable energy made up 24.5% of the energy consumed in the EU, rising from 23.0% in 2022. Therefore, the increasing demand for renewable energy sources is driving the growth of the synchronous condenser market.

Who Are The Major Players In The Global Synchronous Condenser Market?

Major companies operating in the synchronous condenser market are Hitachi Energy Ltd., General Electric Company, Siemens Energy AG, ABB Ltd., Toshiba International Corporation Pty Ltd., Baker Hughes Company, Eaton Corporation plc, Shanghai Electric Group Company Limited, ANDRITZ AG, Fuji Electric Co. Ltd., WEG S.A., Voith Group, Bharat Heavy Electricals Limited (BHEL), Hyosung Heavy Industries Corporation, Ansaldo Energia S.p.A., Ingeteam S.A., Mitsubishi Electric Power Products Inc., Ideal Electric Power Co., Power Systems And Controls Inc., NR Electric Co. Ltd.

What Are The Key Trends Of The Global Synchronous Condenser Market? Advancing Grid Stability Through Innovative Solutions For Renewable Energy Integration

Major companies operating in the synchronous condenser market are focusing on developing innovative products such as high-efficiency, compact designs with enhanced grid stabilization capabilities to support renewable energy integration and improve grid reliability. High-efficiency, compact designs with enhanced grid stabilization capabilities are advanced energy storage and power conversion systems. These systems help by improving energy utilization, reducing space requirements, and supporting stable and reliable grid operations amid variable renewable energy inputs. For instance, in June 2024, ANDRITZ AG, an Austria-based machinery industry company, launched synchronous condensers in India, marking a significant step toward enhancing grid stability and supporting the country’s green energy transition efforts. The launch event, themed “Synchronous Condensers – Enabling Green Energy Transition,” was attended by senior officials from key Indian power sector organizations, including the central electricity authority (CEA), Grid India, and the northern regional power committee (NRPC). ANDRITZ highlighted the increasing global demand for synchronous condenser technology, which plays a critical role in stabilizing power grids by managing voltage and reactive power, especially as India integrates more renewable energy sources such as wind and solar.

What Are Latest Mergers And Acquisitions In The Synchronous Condenser Market? Baker Hughes Acquires BRUSH Group's Power Generation Division To Strengthen Electrification Capabilities

In August 2022, Baker Hughes Holdings LLC, a US-based energy industry company, acquired power generation division of BRUSH Group for an undisclosed amount. With this acquisition, Baker Hughes aims to enhance its electrification capabilities and expand its turbomachinery portfolio with proven electric-power technology, supporting its strategic commitment to deliver cleaner energy solutions for industrial and energy customers. Brush Group is a Loughborough-based appliances, electrical, and electronics manufacturing company that specializes in providing synchronous condenser.

What Is The Regional Outlook For The Global Synchronous Condenser Market?

North America was the largest region in the synchronous condenser market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the synchronous condenser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the synchronous condenser market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Synchronous Condenser Market?

The synchronous condenser market consists of sales of brushless excitation systems, hydraulic static starters, high voltage circuit breakers, protection relays and monitoring systems, automatic voltage regulators, rotor and stator assemblies. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Synchronous Condenser Industry?

The synchronous condenser market research report is one of a series of new reports from The Business Research Company that provides synchronous condenser market statistics, including synchronous condenser industry global market size, regional shares, competitors with the synchronous condenser market share, synchronous condenser market segments, market trends, and opportunities, and any further data you may need to thrive in the synchronous condenser industry. This synchronous condenser market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Synchronous Condenser Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $1.14 billion
Revenue Forecast In 2034 $1.42 billion
Growth Rate CAGR of 5.7% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The synchronous condenser market covered in this report is segmented –
1) By Type: New Synchronous Condenser, Refurbished Synchronous Condenser
2) By Starting Method: Static Frequency Convertor, Pony Motor, Other Starting Methods
3) By Cooling Type: Hydrogen-Cooled, Air-Cooled, Water-Cooled
4) By Reactive Power Rating: Up To 100 Mega Volt-Ampere Reactive (MVAR), 100-200 Mega Volt-Ampere Reactive (MVAR), Above 200 Mega Volt-Ampere Reactive (MVAR)
5) By End-User: Utilities, Industrial, Renewable Energy, Other End-Users Subsegments:
1) By New Synchronous Condenser: Air-Cooled Synchronous Condenser, Water-Cooled Synchronous Condenser, Hydrogen-Cooled Synchronous Condenser
2) By Refurbished Synchronous Condenser: Retrofitted Synchronous Condenser, Reconditioned Synchronous Condenser, Upgraded Synchronous Condenser
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Hitachi Energy Ltd., General Electric Company, Siemens Energy AG, ABB Ltd., Toshiba International Corporation Pty Ltd., Baker Hughes Company, Eaton Corporation plc, Shanghai Electric Group Company Limited, ANDRITZ AG, Fuji Electric Co. Ltd., WEG S.A., Voith Group, Bharat Heavy Electricals Limited (BHEL), Hyosung Heavy Industries Corporation, Ansaldo Energia S.p.A., Ingeteam S.A., Mitsubishi Electric Power Products Inc., Ideal Electric Power Co., Power Systems And Controls Inc., NR Electric Co. Ltd.
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    Table Of Contents

    1. Executive Summary

    2. Synchronous Condenser Market Characteristics

    3. Synchronous Condenser Market Trends And Strategies

    4. Synchronous Condenser Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

    5. Global Synchronous Condenser Growth Analysis And Strategic Analysis Framework

    5.1. Global Synchronous Condenser PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Synchronous Condenser Market Growth Rate Analysis

    5.4. Global Synchronous Condenser Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Synchronous Condenser Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Synchronous Condenser Total Addressable Market (TAM)

    6. Synchronous Condenser Market Segmentation

    6.1. Global Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    New Synchronous Condenser

    Refurbished Synchronous Condenser

    6.2. Global Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Static Frequency Convertor

    Pony Motor

    Other Starting Methods

    6.3. Global Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Hydrogen-Cooled

    Air-Cooled

    Water-Cooled

    6.4. Global Synchronous Condenser Market, Segmentation By Reactive Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Up To 100 Mega Volt-Ampere Reactive (MVAR)

    100-200 Mega Volt-Ampere Reactive (MVAR)

    Above 200 Mega Volt-Ampere Reactive (MVAR)

    6.5. Global Synchronous Condenser Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Utilities

    Industrial

    Renewable Energy

    Other End-Users

    6.6. Global Synchronous Condenser Market, Sub-Segmentation Of New Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Air-Cooled Synchronous Condenser

    Water-Cooled Synchronous Condenser

    Hydrogen-Cooled Synchronous Condenser

    6.7. Global Synchronous Condenser Market, Sub-Segmentation Of Refurbished Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Retrofitted Synchronous Condenser

    Reconditioned Synchronous Condenser

    Upgraded Synchronous Condenser

    7. Synchronous Condenser Market Regional And Country Analysis

    7.1. Global Synchronous Condenser Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Synchronous Condenser Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Synchronous Condenser Market

    8.1. Asia-Pacific Synchronous Condenser Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Synchronous Condenser Market

    9.1. China Synchronous Condenser Market Overview

    9.2. China Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Synchronous Condenser Market

    10.1. India Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Synchronous Condenser Market

    11.1. Japan Synchronous Condenser Market Overview

    11.2. Japan Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Synchronous Condenser Market

    12.1. Australia Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Synchronous Condenser Market

    13.1. Indonesia Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Synchronous Condenser Market

    14.1. South Korea Synchronous Condenser Market Overview

    14.2. South Korea Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Synchronous Condenser Market

    15.1. Western Europe Synchronous Condenser Market Overview

    15.2. Western Europe Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Synchronous Condenser Market

    16.1. UK Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Synchronous Condenser Market

    17.1. Germany Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Synchronous Condenser Market

    18.1. France Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Synchronous Condenser Market

    19.1. Italy Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Synchronous Condenser Market

    20.1. Spain Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Synchronous Condenser Market

    21.1. Eastern Europe Synchronous Condenser Market Overview

    21.2. Eastern Europe Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Synchronous Condenser Market

    22.1. Russia Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Synchronous Condenser Market

    23.1. North America Synchronous Condenser Market Overview

    23.2. North America Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Synchronous Condenser Market

    24.1. USA Synchronous Condenser Market Overview

    24.2. USA Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Synchronous Condenser Market

    25.1. Canada Synchronous Condenser Market Overview

    25.2. Canada Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Synchronous Condenser Market

    26.1. South America Synchronous Condenser Market Overview

    26.2. South America Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Synchronous Condenser Market

    27.1. Brazil Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Synchronous Condenser Market

    28.1. Middle East Synchronous Condenser Market Overview

    28.2. Middle East Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Synchronous Condenser Market

    29.1. Africa Synchronous Condenser Market Overview

    29.2. Africa Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Synchronous Condenser Market Competitive Landscape And Company Profiles

    30.1. Synchronous Condenser Market Competitive Landscape

    30.2. Synchronous Condenser Market Company Profiles

    30.2.1. Hitachi Energy Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Toshiba International Corporation Pty Ltd. Overview, Products and Services, Strategy and Financial Analysis

    31. Synchronous Condenser Market Other Major And Innovative Companies

    31.1. Baker Hughes Company

    31.2. Eaton Corporation plc

    31.3. Shanghai Electric Group Company Limited

    31.4. ANDRITZ AG

    31.5. Fuji Electric Co. Ltd.

    31.6. WEG S.A.

    31.7. Voith Group

    31.8. Bharat Heavy Electricals Limited (BHEL)

    31.9. Hyosung Heavy Industries Corporation

    31.10. Ansaldo Energia S.p.A.

    31.11. Ingeteam S.A.

    31.12. Mitsubishi Electric Power Products Inc.

    31.13. Ideal Electric Power Co.

    31.14. Power Systems And Controls Inc.

    31.15. NR Electric Co. Ltd.

    32. Global Synchronous Condenser Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Synchronous Condenser Market

    34. Recent Developments In The Synchronous Condenser Market

    35. Synchronous Condenser Market High Potential Countries, Segments and Strategies

    35.1 Synchronous Condenser Market In 2029 - Countries Offering Most New Opportunities

    35.2 Synchronous Condenser Market In 2029 - Segments Offering Most New Opportunities

    35.3 Synchronous Condenser Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Synchronous Condenser Market, Segmentation By Reactive Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Synchronous Condenser Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Synchronous Condenser Market, Sub-Segmentation Of New Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Synchronous Condenser Market, Sub-Segmentation Of Refurbished Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Synchronous Condenser Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Synchronous Condenser Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Hitachi Energy Ltd. Financial Performance
  • Table 79: General Electric Company Financial Performance
  • Table 80: Siemens Energy AG Financial Performance
  • Table 81: ABB Ltd. Financial Performance
  • Table 82: Toshiba International Corporation Pty Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Synchronous Condenser Market, Segmentation By Reactive Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Synchronous Condenser Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Synchronous Condenser Market, Sub-Segmentation Of New Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Synchronous Condenser Market, Sub-Segmentation Of Refurbished Synchronous Condenser, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Synchronous Condenser Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Synchronous Condenser Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Synchronous Condenser Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Synchronous Condenser Market, Segmentation By Starting Method, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Synchronous Condenser Market, Segmentation By Cooling Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Hitachi Energy Ltd. Financial Performance
  • Figure 79: General Electric Company Financial Performance
  • Figure 80: Siemens Energy AG Financial Performance
  • Figure 81: ABB Ltd. Financial Performance
  • Figure 82: Toshiba International Corporation Pty Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the Synchronous Condenser market?

Synchronous condenser refers to a rotating electrical machine that provides reactive power support and voltage regulation in power transmission networks. It helps stabilize the grid by improving power factor and managing fluctuations in load demand. For further insights on the Synchronous Condenser market, request a sample here

How will the Synchronous Condenser market drivers and restraints affect the market dynamics? What forces will shape the Synchronous Condenser industry going forward?

The Synchronous Condenser market major growth driver - The Increasing Demand For Renewable Energy Sources Is Fueling The Market Growth Due To The Need For Enhance Grid Stability And Integration Support. For further insights on the Synchronous Condenser market, request a sample here

What is the forecast market size or the forecast market value of the Synchronous Condenser market?

The Synchronous Condenser market size has grown strongly in recent years. The synchronous condenser market size has grown strongly in recent years. It will grow from $1.08 billion in 2024 to $1.14 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing investments in power infrastructure modernization, rising energy consumption in developing countries, rise in electricity demand due to urbanization, increasing need for inertia in low-carbon power systems, and rising government support for grid stability solutions. The synchronous condenser market size is expected to see strong growth in the next few years. It will grow to $1.42 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing adoption of renewable energy sources, rising need for grid stability and frequency regulation, growing investments in power infrastructure, increasing demand for energy storage solutions, and rise in demand for reactive power compensation. Major trends in the forecast period include advancement in energy storage technologies, advanced grid integration solutions, innovation in synchronous condenser design, integration of artificial intelligence for monitoring, and innovation in power grid stability solutions. For further insights on the Synchronous Condenser market, request a sample here

How is the Synchronous Condenser market segmented?

The synchronous condenser market covered in this report is segmented –
1) By Type: New Synchronous Condenser, Refurbished Synchronous Condenser
2) By Starting Method: Static Frequency Convertor, Pony Motor, Other Starting Methods
3) By Cooling Type: Hydrogen-Cooled, Air-Cooled, Water-Cooled
4) By Reactive Power Rating: Up To 100 Mega Volt-Ampere Reactive (MVAR), 100-200 Mega Volt-Ampere Reactive (MVAR), Above 200 Mega Volt-Ampere Reactive (MVAR)
5) By End-User: Utilities, Industrial, Renewable Energy, Other End-Users

Subsegments:
1) By New Synchronous Condenser: Air-Cooled Synchronous Condenser, Water-Cooled Synchronous Condenser, Hydrogen-Cooled Synchronous Condenser
2) By Refurbished Synchronous Condenser: Retrofitted Synchronous Condenser, Reconditioned Synchronous Condenser, Upgraded Synchronous Condenser For further insights on the Synchronous Condenser market, request a sample here

Which region has the largest share of the Synchronous Condenser market? What are the other regions covered in the report?

North America was the largest region in the synchronous condenser market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the synchronous condenser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Synchronous Condenser market, request a sample here.

Who are the major players in the Synchronous Condenser market?

Major companies operating in the synchronous condenser market are Hitachi Energy Ltd., General Electric Company, Siemens Energy AG, ABB Ltd., Toshiba International Corporation Pty Ltd., Baker Hughes Company, Eaton Corporation plc, Shanghai Electric Group Company Limited, ANDRITZ AG, Fuji Electric Co. Ltd., WEG S.A., Voith Group, Bharat Heavy Electricals Limited (BHEL), Hyosung Heavy Industries Corporation, Ansaldo Energia S.p.A., Ingeteam S.A., Mitsubishi Electric Power Products Inc., Ideal Electric Power Co., Power Systems And Controls Inc., NR Electric Co. Ltd. . For further insights on the Synchronous Condenser market, request a sample here.

What are the key trends in the Synchronous Condenser market?

Major trends in the Synchronous Condenser market include Advancing Grid Stability Through Innovative Solutions For Renewable Energy Integration. For further insights on the Synchronous Condenser market, request a sample here.

What are the major opportunities in the Synchronous Condenser market? What are the strategies for the Synchronous Condenser market?

For detailed insights on the major opportunities and strategies in the Synchronous Condenser market, request a sample here.

How does the Synchronous Condenser market relate to the overall economy and other similar markets?

For detailed insights on Synchronous Condenser's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Synchronous Condenser industry?

For detailed insights on the mergers and acquisitions in the Synchronous Condenser industry, request a sample here.

What are the key dynamics influencing the Synchronous Condenser market growth? SWOT analysis of the Synchronous Condenser market.

For detailed insights on the key dynamics influencing the Synchronous Condenser market growth and SWOT analysis of the Synchronous Condenser industry, request a sample here.