The global market for MCR Based Static VAR Compensator was valued at US$ 1824 million in the year 2024 and is projected to reach a revised size of US$ 2895 million by 2031, growing at a CAGR of 6.9% during the forecast period.

MCR Based Static VAR Compensator Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on MCR Based Static VAR Compensator competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

In 2024, global MCR-based Static VAR Compensator production reached approximately 6,500 units, with an average global market price of around US$ 280,000 per unit. MCR-Based Static VAR Compensators are electrical devices that provide fast-acting reactive power compensation to stabilize voltage, improve power quality, and enhance grid reliability. They are widely used in power transmission and distribution networks, industrial plants, and renewable energy integration.

North American market for MCR Based Static VAR Compensator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for MCR Based Static VAR Compensator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of MCR Based Static VAR Compensator include Siemens AG, ABB Ltd., General Electric (GE Grid Solutions), Mitsubishi Electric Corporation, Toshiba Energy Systems & Solutions Corporation, Hyosung Heavy Industries, NR Electric Co., Ltd., Eaton Corporation, China XD Electric Co., Ltd., Adani Transmission (with EPC partners), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for MCR Based Static VAR Compensator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding MCR Based Static VAR Compensator.

The MCR Based Static VAR Compensator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global MCR Based Static VAR Compensator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the MCR Based Static VAR Compensator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of MCR Based Static VAR Compensator Market Report

Report Metric	Details
Report Name	MCR Based Static VAR Compensator Market
Accounted market size in year	US$ 1824 million
Forecasted market size in 2031	US$ 2895 million
CAGR	6.9%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Small SVC: ≤ 10 MVA Medium SVC: 10–100 MVA Large SVC: >100 MVA
Segment by Application	Utility Railway Industrial Oil & Gas Others
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Siemens AG, ABB Ltd., General Electric (GE Grid Solutions), Mitsubishi Electric Corporation, Toshiba Energy Systems & Solutions Corporation, Hyosung Heavy Industries, NR Electric Co., Ltd., Eaton Corporation, China XD Electric Co., Ltd., Adani Transmission (with EPC partners)
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of MCR Based Static VAR Compensator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of MCR Based Static VAR Compensator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of MCR Based Static VAR Compensator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is MCR Based Static VAR Compensator Market growing?

Ans: The MCR Based Static VAR Compensator Market witnessing a CAGR of 6.9% during the forecast period 2025-2031.

What is the MCR Based Static VAR Compensator Market size in 2031?

Ans: The MCR Based Static VAR Compensator Market size in 2031 will be US$ 2895 million.

Who are the main players in the MCR Based Static VAR Compensator Market report?

Ans: The main players in the MCR Based Static VAR Compensator Market are Siemens AG, ABB Ltd., General Electric (GE Grid Solutions), Mitsubishi Electric Corporation, Toshiba Energy Systems & Solutions Corporation, Hyosung Heavy Industries, NR Electric Co., Ltd., Eaton Corporation, China XD Electric Co., Ltd., Adani Transmission (with EPC partners)

What are the Application segmentation covered in the MCR Based Static VAR Compensator Market report?

Ans: The Applications covered in the MCR Based Static VAR Compensator Market report are Utility, Railway, Industrial, Oil & Gas, Others

What are the Type segmentation covered in the MCR Based Static VAR Compensator Market report?

Ans: The Types covered in the MCR Based Static VAR Compensator Market report are Small SVC: ≤ 10 MVA, Medium SVC: 10–100 MVA, Large SVC: >100 MVA

1 MCR Based Static VAR Compensator Market Overview

1.1 Product Definition

1.2 MCR Based Static VAR Compensator by Type

1.2.1 Global MCR Based Static VAR Compensator Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Small SVC: ≤ 10 MVA

1.2.3 Medium SVC: 10–100 MVA

1.2.4 Large SVC: >100 MVA

1.3 MCR Based Static VAR Compensator by Application

1.3.1 Global MCR Based Static VAR Compensator Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Utility

1.3.3 Railway

1.3.4 Industrial

1.3.5 Oil & Gas

1.3.6 Others

1.4 Global Market Growth Prospects

1.4.1 Global MCR Based Static VAR Compensator Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global MCR Based Static VAR Compensator Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global MCR Based Static VAR Compensator Production Estimates and Forecasts (2020-2031)

1.4.4 Global MCR Based Static VAR Compensator Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global MCR Based Static VAR Compensator Production Market Share by Manufacturers (2020-2025)

2.2 Global MCR Based Static VAR Compensator Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of MCR Based Static VAR Compensator, Industry Ranking, 2023 VS 2024

2.4 Global MCR Based Static VAR Compensator Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global MCR Based Static VAR Compensator Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of MCR Based Static VAR Compensator, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of MCR Based Static VAR Compensator, Product Offered and Application

2.8 Global Key Manufacturers of MCR Based Static VAR Compensator, Date of Enter into This Industry

2.9 MCR Based Static VAR Compensator Market Competitive Situation and Trends

2.9.1 MCR Based Static VAR Compensator Market Concentration Rate

2.9.2 Global 5 and 10 Largest MCR Based Static VAR Compensator Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 MCR Based Static VAR Compensator Production by Region

3.1 Global MCR Based Static VAR Compensator Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global MCR Based Static VAR Compensator Production Value by Region (2020-2031)

3.2.1 Global MCR Based Static VAR Compensator Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of MCR Based Static VAR Compensator by Region (2026-2031)

3.3 Global MCR Based Static VAR Compensator Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global MCR Based Static VAR Compensator Production Volume by Region (2020-2031)

3.4.1 Global MCR Based Static VAR Compensator Production by Region (2020-2025)

3.4.2 Global Forecasted Production of MCR Based Static VAR Compensator by Region (2026-2031)

3.5 Global MCR Based Static VAR Compensator Market Price Analysis by Region (2020-2025)

3.6 Global MCR Based Static VAR Compensator Production and Value, Year-over-Year Growth

3.6.1 North America MCR Based Static VAR Compensator Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe MCR Based Static VAR Compensator Production Value Estimates and Forecasts (2020-2031)

3.6.3 China MCR Based Static VAR Compensator Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan MCR Based Static VAR Compensator Production Value Estimates and Forecasts (2020-2031)

4 MCR Based Static VAR Compensator Consumption by Region

4.1 Global MCR Based Static VAR Compensator Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global MCR Based Static VAR Compensator Consumption by Region (2020-2031)

4.2.1 Global MCR Based Static VAR Compensator Consumption by Region (2020-2025)

4.2.2 Global MCR Based Static VAR Compensator Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America MCR Based Static VAR Compensator Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe MCR Based Static VAR Compensator Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific MCR Based Static VAR Compensator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific MCR Based Static VAR Compensator Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global MCR Based Static VAR Compensator Production by Type (2020-2031)

5.1.1 Global MCR Based Static VAR Compensator Production by Type (2020-2025)

5.1.2 Global MCR Based Static VAR Compensator Production by Type (2026-2031)

5.1.3 Global MCR Based Static VAR Compensator Production Market Share by Type (2020-2031)

5.2 Global MCR Based Static VAR Compensator Production Value by Type (2020-2031)

5.2.1 Global MCR Based Static VAR Compensator Production Value by Type (2020-2025)

5.2.2 Global MCR Based Static VAR Compensator Production Value by Type (2026-2031)

5.2.3 Global MCR Based Static VAR Compensator Production Value Market Share by Type (2020-2031)

5.3 Global MCR Based Static VAR Compensator Price by Type (2020-2031)

6 Segment by Application

6.1 Global MCR Based Static VAR Compensator Production by Application (2020-2031)

6.1.1 Global MCR Based Static VAR Compensator Production by Application (2020-2025)

6.1.2 Global MCR Based Static VAR Compensator Production by Application (2026-2031)

6.1.3 Global MCR Based Static VAR Compensator Production Market Share by Application (2020-2031)

6.2 Global MCR Based Static VAR Compensator Production Value by Application (2020-2031)

6.2.1 Global MCR Based Static VAR Compensator Production Value by Application (2020-2025)

6.2.2 Global MCR Based Static VAR Compensator Production Value by Application (2026-2031)

6.2.3 Global MCR Based Static VAR Compensator Production Value Market Share by Application (2020-2031)

6.3 Global MCR Based Static VAR Compensator Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Siemens AG

7.1.1 Siemens AG MCR Based Static VAR Compensator Company Information

7.1.2 Siemens AG MCR Based Static VAR Compensator Product Portfolio

7.1.3 Siemens AG MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Siemens AG Main Business and Markets Served

7.1.5 Siemens AG Recent Developments/Updates

7.2 ABB Ltd.

7.2.1 ABB Ltd. MCR Based Static VAR Compensator Company Information

7.2.2 ABB Ltd. MCR Based Static VAR Compensator Product Portfolio

7.2.3 ABB Ltd. MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.2.4 ABB Ltd. Main Business and Markets Served

7.2.5 ABB Ltd. Recent Developments/Updates

7.3 General Electric (GE Grid Solutions)

7.3.1 General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Company Information

7.3.2 General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Product Portfolio

7.3.3 General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.3.4 General Electric (GE Grid Solutions) Main Business and Markets Served

7.3.5 General Electric (GE Grid Solutions) Recent Developments/Updates

7.4 Mitsubishi Electric Corporation

7.4.1 Mitsubishi Electric Corporation MCR Based Static VAR Compensator Company Information

7.4.2 Mitsubishi Electric Corporation MCR Based Static VAR Compensator Product Portfolio

7.4.3 Mitsubishi Electric Corporation MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Mitsubishi Electric Corporation Main Business and Markets Served

7.4.5 Mitsubishi Electric Corporation Recent Developments/Updates

7.5 Toshiba Energy Systems & Solutions Corporation

7.5.1 Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Company Information

7.5.2 Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Product Portfolio

7.5.3 Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Toshiba Energy Systems & Solutions Corporation Main Business and Markets Served

7.5.5 Toshiba Energy Systems & Solutions Corporation Recent Developments/Updates

7.6 Hyosung Heavy Industries

7.6.1 Hyosung Heavy Industries MCR Based Static VAR Compensator Company Information

7.6.2 Hyosung Heavy Industries MCR Based Static VAR Compensator Product Portfolio

7.6.3 Hyosung Heavy Industries MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Hyosung Heavy Industries Main Business and Markets Served

7.6.5 Hyosung Heavy Industries Recent Developments/Updates

7.7 NR Electric Co., Ltd.

7.7.1 NR Electric Co., Ltd. MCR Based Static VAR Compensator Company Information

7.7.2 NR Electric Co., Ltd. MCR Based Static VAR Compensator Product Portfolio

7.7.3 NR Electric Co., Ltd. MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.7.4 NR Electric Co., Ltd. Main Business and Markets Served

7.7.5 NR Electric Co., Ltd. Recent Developments/Updates

7.8 Eaton Corporation

7.8.1 Eaton Corporation MCR Based Static VAR Compensator Company Information

7.8.2 Eaton Corporation MCR Based Static VAR Compensator Product Portfolio

7.8.3 Eaton Corporation MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Eaton Corporation Main Business and Markets Served

7.8.5 Eaton Corporation Recent Developments/Updates

7.9 China XD Electric Co., Ltd.

7.9.1 China XD Electric Co., Ltd. MCR Based Static VAR Compensator Company Information

7.9.2 China XD Electric Co., Ltd. MCR Based Static VAR Compensator Product Portfolio

7.9.3 China XD Electric Co., Ltd. MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.9.4 China XD Electric Co., Ltd. Main Business and Markets Served

7.9.5 China XD Electric Co., Ltd. Recent Developments/Updates

7.10 Adani Transmission (with EPC partners)

7.10.1 Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Company Information

7.10.2 Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Product Portfolio

7.10.3 Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Adani Transmission (with EPC partners) Main Business and Markets Served

7.10.5 Adani Transmission (with EPC partners) Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 MCR Based Static VAR Compensator Industry Chain Analysis

8.2 MCR Based Static VAR Compensator Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 MCR Based Static VAR Compensator Production Mode & Process Analysis

8.4 MCR Based Static VAR Compensator Sales and Marketing

8.4.1 MCR Based Static VAR Compensator Sales Channels

8.4.2 MCR Based Static VAR Compensator Distributors

8.5 MCR Based Static VAR Compensator Customer Analysis

9 MCR Based Static VAR Compensator Market Dynamics

9.1 MCR Based Static VAR Compensator Industry Trends

9.2 MCR Based Static VAR Compensator Market Drivers

9.3 MCR Based Static VAR Compensator Market Challenges

9.4 MCR Based Static VAR Compensator Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

MCR

Siemens AG

ABB Ltd

Mitsubishi Electric Corporation

Toshiba Energy Systems & Solutions Corporation

Hyosung Heavy Industries

NR Electric Co., Ltd.

Eaton Corporation

China XD Electric Co Ltd

General Electric (GE Grid Solutions)

Adani Transmission (with EPC partners)

List of Tables

Table 1. Global MCR Based Static VAR Compensator Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global MCR Based Static VAR Compensator Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global MCR Based Static VAR Compensator Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global MCR Based Static VAR Compensator Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global MCR Based Static VAR Compensator Production Market Share by Manufacturers (2020-2025)

Table 6. Global MCR Based Static VAR Compensator Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global MCR Based Static VAR Compensator Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of MCR Based Static VAR Compensator, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in MCR Based Static VAR Compensator as of 2024)

Table 10. Global Market MCR Based Static VAR Compensator Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of MCR Based Static VAR Compensator, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of MCR Based Static VAR Compensator, Product Offered and Application

Table 13. Global Key Manufacturers of MCR Based Static VAR Compensator, Date of Enter into This Industry

Table 14. Global MCR Based Static VAR Compensator Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global MCR Based Static VAR Compensator Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global MCR Based Static VAR Compensator Production Value (US$ Million) by Region (2020-2025)

Table 18. Global MCR Based Static VAR Compensator Production Value Market Share by Region (2020-2025)

Table 19. Global MCR Based Static VAR Compensator Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global MCR Based Static VAR Compensator Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global MCR Based Static VAR Compensator Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global MCR Based Static VAR Compensator Production (K Units) by Region (2020-2025)

Table 23. Global MCR Based Static VAR Compensator Production Market Share by Region (2020-2025)

Table 24. Global MCR Based Static VAR Compensator Production (K Units) Forecast by Region (2026-2031)

Table 25. Global MCR Based Static VAR Compensator Production Market Share Forecast by Region (2026-2031)

Table 26. Global MCR Based Static VAR Compensator Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global MCR Based Static VAR Compensator Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global MCR Based Static VAR Compensator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global MCR Based Static VAR Compensator Consumption by Region (2020-2025) & (K Units)

Table 30. Global MCR Based Static VAR Compensator Consumption Market Share by Region (2020-2025)

Table 31. Global MCR Based Static VAR Compensator Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global MCR Based Static VAR Compensator Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America MCR Based Static VAR Compensator Consumption by Country (2020-2025) & (K Units)

Table 35. North America MCR Based Static VAR Compensator Consumption by Country (2026-2031) & (K Units)

Table 36. Europe MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe MCR Based Static VAR Compensator Consumption by Country (2020-2025) & (K Units)

Table 38. Europe MCR Based Static VAR Compensator Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific MCR Based Static VAR Compensator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific MCR Based Static VAR Compensator Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific MCR Based Static VAR Compensator Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption by Country (2026-2031) & (K Units)

Table 45. Global MCR Based Static VAR Compensator Production (K Units) by Type (2020-2025)

Table 46. Global MCR Based Static VAR Compensator Production (K Units) by Type (2026-2031)

Table 47. Global MCR Based Static VAR Compensator Production Market Share by Type (2020-2025)

Table 48. Global MCR Based Static VAR Compensator Production Market Share by Type (2026-2031)

Table 49. Global MCR Based Static VAR Compensator Production Value (US$ Million) by Type (2020-2025)

Table 50. Global MCR Based Static VAR Compensator Production Value (US$ Million) by Type (2026-2031)

Table 51. Global MCR Based Static VAR Compensator Production Value Market Share by Type (2020-2025)

Table 52. Global MCR Based Static VAR Compensator Production Value Market Share by Type (2026-2031)

Table 53. Global MCR Based Static VAR Compensator Price (US$/Unit) by Type (2020-2025)

Table 54. Global MCR Based Static VAR Compensator Price (US$/Unit) by Type (2026-2031)

Table 55. Global MCR Based Static VAR Compensator Production (K Units) by Application (2020-2025)

Table 56. Global MCR Based Static VAR Compensator Production (K Units) by Application (2026-2031)

Table 57. Global MCR Based Static VAR Compensator Production Market Share by Application (2020-2025)

Table 58. Global MCR Based Static VAR Compensator Production Market Share by Application (2026-2031)

Table 59. Global MCR Based Static VAR Compensator Production Value (US$ Million) by Application (2020-2025)

Table 60. Global MCR Based Static VAR Compensator Production Value (US$ Million) by Application (2026-2031)

Table 61. Global MCR Based Static VAR Compensator Production Value Market Share by Application (2020-2025)

Table 62. Global MCR Based Static VAR Compensator Production Value Market Share by Application (2026-2031)

Table 63. Global MCR Based Static VAR Compensator Price (US$/Unit) by Application (2020-2025)

Table 64. Global MCR Based Static VAR Compensator Price (US$/Unit) by Application (2026-2031)

Table 65. Siemens AG MCR Based Static VAR Compensator Company Information

Table 66. Siemens AG MCR Based Static VAR Compensator Specification and Application

Table 67. Siemens AG MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. Siemens AG Main Business and Markets Served

Table 69. Siemens AG Recent Developments/Updates

Table 70. ABB Ltd. MCR Based Static VAR Compensator Company Information

Table 71. ABB Ltd. MCR Based Static VAR Compensator Specification and Application

Table 72. ABB Ltd. MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. ABB Ltd. Main Business and Markets Served

Table 74. ABB Ltd. Recent Developments/Updates

Table 75. General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Company Information

Table 76. General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Specification and Application

Table 77. General Electric (GE Grid Solutions) MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. General Electric (GE Grid Solutions) Main Business and Markets Served

Table 79. General Electric (GE Grid Solutions) Recent Developments/Updates

Table 80. Mitsubishi Electric Corporation MCR Based Static VAR Compensator Company Information

Table 81. Mitsubishi Electric Corporation MCR Based Static VAR Compensator Specification and Application

Table 82. Mitsubishi Electric Corporation MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Mitsubishi Electric Corporation Main Business and Markets Served

Table 84. Mitsubishi Electric Corporation Recent Developments/Updates

Table 85. Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Company Information

Table 86. Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Specification and Application

Table 87. Toshiba Energy Systems & Solutions Corporation MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. Toshiba Energy Systems & Solutions Corporation Main Business and Markets Served

Table 89. Toshiba Energy Systems & Solutions Corporation Recent Developments/Updates

Table 90. Hyosung Heavy Industries MCR Based Static VAR Compensator Company Information

Table 91. Hyosung Heavy Industries MCR Based Static VAR Compensator Specification and Application

Table 92. Hyosung Heavy Industries MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. Hyosung Heavy Industries Main Business and Markets Served

Table 94. Hyosung Heavy Industries Recent Developments/Updates

Table 95. NR Electric Co., Ltd. MCR Based Static VAR Compensator Company Information

Table 96. NR Electric Co., Ltd. MCR Based Static VAR Compensator Specification and Application

Table 97. NR Electric Co., Ltd. MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. NR Electric Co., Ltd. Main Business and Markets Served

Table 99. NR Electric Co., Ltd. Recent Developments/Updates

Table 100. Eaton Corporation MCR Based Static VAR Compensator Company Information

Table 101. Eaton Corporation MCR Based Static VAR Compensator Specification and Application

Table 102. Eaton Corporation MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. Eaton Corporation Main Business and Markets Served

Table 104. Eaton Corporation Recent Developments/Updates

Table 105. China XD Electric Co., Ltd. MCR Based Static VAR Compensator Company Information

Table 106. China XD Electric Co., Ltd. MCR Based Static VAR Compensator Specification and Application

Table 107. China XD Electric Co., Ltd. MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. China XD Electric Co., Ltd. Main Business and Markets Served

Table 109. China XD Electric Co., Ltd. Recent Developments/Updates

Table 110. Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Company Information

Table 111. Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Specification and Application

Table 112. Adani Transmission (with EPC partners) MCR Based Static VAR Compensator Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. Adani Transmission (with EPC partners) Main Business and Markets Served

Table 114. Adani Transmission (with EPC partners) Recent Developments/Updates

Table 115. Key Raw Materials Lists

Table 116. Raw Materials Key Suppliers Lists

Table 117. MCR Based Static VAR Compensator Distributors List

Table 118. MCR Based Static VAR Compensator Customers List

Table 119. MCR Based Static VAR Compensator Market Trends

Table 120. MCR Based Static VAR Compensator Market Drivers

Table 121. MCR Based Static VAR Compensator Market Challenges

Table 122. MCR Based Static VAR Compensator Market Restraints

Table 123. Research Programs/Design for This Report

Table 124. Key Data Information from Secondary Sources

Table 125. Key Data Information from Primary Sources

Table 126. Authors List of This Report

List of Figures

Figure 1. Product Picture of MCR Based Static VAR Compensator

Figure 2. Global MCR Based Static VAR Compensator Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global MCR Based Static VAR Compensator Market Share by Type: 2024 VS 2031

Figure 4. Small SVC: ≤ 10 MVA Product Picture

Figure 5. Medium SVC: 10–100 MVA Product Picture

Figure 6. Large SVC: >100 MVA Product Picture

Figure 7. Global MCR Based Static VAR Compensator Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global MCR Based Static VAR Compensator Market Share by Application: 2024 VS 2031

Figure 9. Utility

Figure 10. Railway

Figure 11. Industrial

Figure 12. Oil & Gas

Figure 13. Others

Figure 14. Global MCR Based Static VAR Compensator Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global MCR Based Static VAR Compensator Production Value (US$ Million) & (2020-2031)

Figure 16. Global MCR Based Static VAR Compensator Production Capacity (K Units) & (2020-2031)

Figure 17. Global MCR Based Static VAR Compensator Production (K Units) & (2020-2031)

Figure 18. Global MCR Based Static VAR Compensator Average Price (US$/Unit) & (2020-2031)

Figure 19. MCR Based Static VAR Compensator Report Years Considered

Figure 20. MCR Based Static VAR Compensator Production Share by Manufacturers in 2024

Figure 21. Global MCR Based Static VAR Compensator Production Value Share by Manufacturers (2024)

Figure 22. MCR Based Static VAR Compensator Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 23. The Global 5 and 10 Largest Players: Market Share by MCR Based Static VAR Compensator Revenue in 2024

Figure 24. Global MCR Based Static VAR Compensator Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 25. Global MCR Based Static VAR Compensator Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. Global MCR Based Static VAR Compensator Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 27. Global MCR Based Static VAR Compensator Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. North America MCR Based Static VAR Compensator Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Europe MCR Based Static VAR Compensator Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. China MCR Based Static VAR Compensator Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Japan MCR Based Static VAR Compensator Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. Global MCR Based Static VAR Compensator Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 33. Global MCR Based Static VAR Compensator Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 34. North America MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 35. North America MCR Based Static VAR Compensator Consumption Market Share by Country (2020-2031)

Figure 36. U.S. MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. Canada MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 38. Europe MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 39. Europe MCR Based Static VAR Compensator Consumption Market Share by Country (2020-2031)

Figure 40. Germany MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. France MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. U.K. MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Italy MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. Netherlands MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 45. Asia Pacific MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 46. Asia Pacific MCR Based Static VAR Compensator Consumption Market Share by Region (2020-2031)

Figure 47. China MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. Japan MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. South Korea MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. China Taiwan MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. Southeast Asia MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. India MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 53. Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 54. Latin America, Middle East & Africa MCR Based Static VAR Compensator Consumption Market Share by Country (2020-2031)

Figure 55. Mexico MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. Brazil MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 57. Turkey MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 58. GCC Countries MCR Based Static VAR Compensator Consumption and Growth Rate (2020-2031) & (K Units)

Figure 59. Global Production Market Share of MCR Based Static VAR Compensator by Type (2020-2031)

Figure 60. Global Production Value Market Share of MCR Based Static VAR Compensator by Type (2020-2031)

Figure 61. Global MCR Based Static VAR Compensator Price (US$/Unit) by Type (2020-2031)

Figure 62. Global Production Market Share of MCR Based Static VAR Compensator by Application (2020-2031)

Figure 63. Global Production Value Market Share of MCR Based Static VAR Compensator by Application (2020-2031)

Figure 64. Global MCR Based Static VAR Compensator Price (US$/Unit) by Application (2020-2031)

Figure 65. MCR Based Static VAR Compensator Value Chain

Figure 66. Channels of Distribution (Direct Vs Distribution)

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

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