The global market for Synchronous Condensers for Renewable Energy was valued at US$ 925 million in the year 2024 and is projected to reach a revised size of US$ 1820 million by 2031, growing at a CAGR of 10.3% during the forecast period.

Synchronous Condensers for Renewable Energy Market

In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely. Synchronous condensers are being used on a range of sites including on solar and wind farms around the world. There is no spinning inertia on solar farms and in wind turbines. If there’s a problem in the network then there are often difficulties in adapting and counteracting that change. That’s because they are interfaced by power electronics which have limits on how much current they can provide. If there is a change in the network, synchronous condensers can respond and counteract it in a very controlled way. That’s why solar and wind farms need this type of system strength to function properly.

North American market for Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power Technology, Sieyuan Electric, ABB Group, Mitsubishi Electric, General Electric, Nari Technology, Shandong Taikai Power Electronic, 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 Synchronous Condensers for Renewable Energy, 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 Synchronous Condensers for Renewable Energy.

The Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy 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.

Market Segmentation

Scope of Synchronous Condensers for Renewable Energy Market Report

Report Metric	Details
Report Name	Synchronous Condensers for Renewable Energy Market
Accounted market size in year	US$ 925 million
Forecasted market size in 2031	US$ 1820 million
CAGR	10.3%
Base Year	year
Forecasted years	2025 - 2031
by Type	High Voltage Low Voltage
by Application	Solar Wind 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	Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power Technology, Sieyuan Electric, ABB Group, Mitsubishi Electric, General Electric, Nari Technology, Shandong Taikai Power Electronic, Shenzhen Hopewind Electric, American Superconductor, Ingeteam, Beijing In-power Electric
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 Synchronous Condensers for Renewable Energy manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy Market growing?

Ans: The Synchronous Condensers for Renewable Energy Market witnessing a CAGR of 10.3% during the forecast period 2025-2031.

What is the Synchronous Condensers for Renewable Energy Market size in 2031?

Ans: The Synchronous Condensers for Renewable Energy Market size in 2031 will be US$ 1820 million.

Who are the main players in the Synchronous Condensers for Renewable Energy Market report?

Ans: The main players in the Synchronous Condensers for Renewable Energy Market are Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power Technology, Sieyuan Electric, ABB Group, Mitsubishi Electric, General Electric, Nari Technology, Shandong Taikai Power Electronic, Shenzhen Hopewind Electric, American Superconductor, Ingeteam, Beijing In-power Electric

What are the Application segmentation covered in the Synchronous Condensers for Renewable Energy Market report?

Ans: The Applications covered in the Synchronous Condensers for Renewable Energy Market report are Solar, Wind, Others

What are the Type segmentation covered in the Synchronous Condensers for Renewable Energy Market report?

Ans: The Types covered in the Synchronous Condensers for Renewable Energy Market report are High Voltage, Low Voltage

1 Synchronous Condensers for Renewable Energy Market Overview

1.1 Product Definition

1.2 Synchronous Condensers for Renewable Energy by Type

1.2.1 Global Synchronous Condensers for Renewable Energy Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 High Voltage

1.2.3 Low Voltage

1.3 Synchronous Condensers for Renewable Energy by Application

1.3.1 Global Synchronous Condensers for Renewable Energy Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Solar

1.3.3 Wind

1.3.4 Others

1.4 Global Market Growth Prospects

1.4.1 Global Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Synchronous Condensers for Renewable Energy Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Synchronous Condensers for Renewable Energy Production Estimates and Forecasts (2020-2031)

1.4.4 Global Synchronous Condensers for Renewable Energy Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Synchronous Condensers for Renewable Energy Production Market Share by Manufacturers (2020-2025)

2.2 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Synchronous Condensers for Renewable Energy, Industry Ranking, 2023 VS 2024

2.4 Global Synchronous Condensers for Renewable Energy Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Synchronous Condensers for Renewable Energy Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Product Offered and Application

2.8 Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Date of Enter into This Industry

2.9 Synchronous Condensers for Renewable Energy Market Competitive Situation and Trends

2.9.1 Synchronous Condensers for Renewable Energy Market Concentration Rate

2.9.2 Global 5 and 10 Largest Synchronous Condensers for Renewable Energy Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Synchronous Condensers for Renewable Energy Production by Region

3.1 Global Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Synchronous Condensers for Renewable Energy Production Value by Region (2020-2031)

3.2.1 Global Synchronous Condensers for Renewable Energy Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Synchronous Condensers for Renewable Energy by Region (2026-2031)

3.3 Global Synchronous Condensers for Renewable Energy Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Synchronous Condensers for Renewable Energy Production Volume by Region (2020-2031)

3.4.1 Global Synchronous Condensers for Renewable Energy Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Synchronous Condensers for Renewable Energy by Region (2026-2031)

3.5 Global Synchronous Condensers for Renewable Energy Market Price Analysis by Region (2020-2025)

3.6 Global Synchronous Condensers for Renewable Energy Production and Value, Year-over-Year Growth

3.6.1 North America Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Synchronous Condensers for Renewable Energy Production Value Estimates and Forecasts (2020-2031)

4 Synchronous Condensers for Renewable Energy Consumption by Region

4.1 Global Synchronous Condensers for Renewable Energy Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Synchronous Condensers for Renewable Energy Consumption by Region (2020-2031)

4.2.1 Global Synchronous Condensers for Renewable Energy Consumption by Region (2020-2025)

4.2.2 Global Synchronous Condensers for Renewable Energy Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Synchronous Condensers for Renewable Energy Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy 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 Synchronous Condensers for Renewable Energy Production by Type (2020-2031)

5.1.1 Global Synchronous Condensers for Renewable Energy Production by Type (2020-2025)

5.1.2 Global Synchronous Condensers for Renewable Energy Production by Type (2026-2031)

5.1.3 Global Synchronous Condensers for Renewable Energy Production Market Share by Type (2020-2031)

5.2 Global Synchronous Condensers for Renewable Energy Production Value by Type (2020-2031)

5.2.1 Global Synchronous Condensers for Renewable Energy Production Value by Type (2020-2025)

5.2.2 Global Synchronous Condensers for Renewable Energy Production Value by Type (2026-2031)

5.2.3 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Type (2020-2031)

5.3 Global Synchronous Condensers for Renewable Energy Price by Type (2020-2031)

6 Segment by Application

6.1 Global Synchronous Condensers for Renewable Energy Production by Application (2020-2031)

6.1.1 Global Synchronous Condensers for Renewable Energy Production by Application (2020-2025)

6.1.2 Global Synchronous Condensers for Renewable Energy Production by Application (2026-2031)

6.1.3 Global Synchronous Condensers for Renewable Energy Production Market Share by Application (2020-2031)

6.2 Global Synchronous Condensers for Renewable Energy Production Value by Application (2020-2031)

6.2.1 Global Synchronous Condensers for Renewable Energy Production Value by Application (2020-2025)

6.2.2 Global Synchronous Condensers for Renewable Energy Production Value by Application (2026-2031)

6.2.3 Global Synchronous Condensers for Renewable Energy Production Value Market Share by Application (2020-2031)

6.3 Global Synchronous Condensers for Renewable Energy Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Hitachi

7.1.1 Hitachi Synchronous Condensers for Renewable Energy Company Information

7.1.2 Hitachi Synchronous Condensers for Renewable Energy Product Portfolio

7.1.3 Hitachi Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Hitachi Main Business and Markets Served

7.1.5 Hitachi Recent Developments/Updates

7.2 Siemens

7.2.1 Siemens Synchronous Condensers for Renewable Energy Company Information

7.2.2 Siemens Synchronous Condensers for Renewable Energy Product Portfolio

7.2.3 Siemens Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Siemens Main Business and Markets Served

7.2.5 Siemens Recent Developments/Updates

7.3 Windsun Science Technology

7.3.1 Windsun Science Technology Synchronous Condensers for Renewable Energy Company Information

7.3.2 Windsun Science Technology Synchronous Condensers for Renewable Energy Product Portfolio

7.3.3 Windsun Science Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Windsun Science Technology Main Business and Markets Served

7.3.5 Windsun Science Technology Recent Developments/Updates

7.4 Liaoning Rongxin Xingye Power Technology

7.4.1 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Company Information

7.4.2 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Product Portfolio

7.4.3 Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Liaoning Rongxin Xingye Power Technology Main Business and Markets Served

7.4.5 Liaoning Rongxin Xingye Power Technology Recent Developments/Updates

7.5 Sieyuan Electric

7.5.1 Sieyuan Electric Synchronous Condensers for Renewable Energy Company Information

7.5.2 Sieyuan Electric Synchronous Condensers for Renewable Energy Product Portfolio

7.5.3 Sieyuan Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Sieyuan Electric Main Business and Markets Served

7.5.5 Sieyuan Electric Recent Developments/Updates

7.6 ABB Group

7.6.1 ABB Group Synchronous Condensers for Renewable Energy Company Information

7.6.2 ABB Group Synchronous Condensers for Renewable Energy Product Portfolio

7.6.3 ABB Group Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.6.4 ABB Group Main Business and Markets Served

7.6.5 ABB Group Recent Developments/Updates

7.7 Mitsubishi Electric

7.7.1 Mitsubishi Electric Synchronous Condensers for Renewable Energy Company Information

7.7.2 Mitsubishi Electric Synchronous Condensers for Renewable Energy Product Portfolio

7.7.3 Mitsubishi Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Mitsubishi Electric Main Business and Markets Served

7.7.5 Mitsubishi Electric Recent Developments/Updates

7.8 General Electric

7.8.1 General Electric Synchronous Condensers for Renewable Energy Company Information

7.8.2 General Electric Synchronous Condensers for Renewable Energy Product Portfolio

7.8.3 General Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.8.4 General Electric Main Business and Markets Served

7.8.5 General Electric Recent Developments/Updates

7.9 Nari Technology

7.9.1 Nari Technology Synchronous Condensers for Renewable Energy Company Information

7.9.2 Nari Technology Synchronous Condensers for Renewable Energy Product Portfolio

7.9.3 Nari Technology Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Nari Technology Main Business and Markets Served

7.9.5 Nari Technology Recent Developments/Updates

7.10 Shandong Taikai Power Electronic

7.10.1 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Company Information

7.10.2 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Product Portfolio

7.10.3 Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Shandong Taikai Power Electronic Main Business and Markets Served

7.10.5 Shandong Taikai Power Electronic Recent Developments/Updates

7.11 Shenzhen Hopewind Electric

7.11.1 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Company Information

7.11.2 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Product Portfolio

7.11.3 Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Shenzhen Hopewind Electric Main Business and Markets Served

7.11.5 Shenzhen Hopewind Electric Recent Developments/Updates

7.12 American Superconductor

7.12.1 American Superconductor Synchronous Condensers for Renewable Energy Company Information

7.12.2 American Superconductor Synchronous Condensers for Renewable Energy Product Portfolio

7.12.3 American Superconductor Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.12.4 American Superconductor Main Business and Markets Served

7.12.5 American Superconductor Recent Developments/Updates

7.13 Ingeteam

7.13.1 Ingeteam Synchronous Condensers for Renewable Energy Company Information

7.13.2 Ingeteam Synchronous Condensers for Renewable Energy Product Portfolio

7.13.3 Ingeteam Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Ingeteam Main Business and Markets Served

7.13.5 Ingeteam Recent Developments/Updates

7.14 Beijing In-power Electric

7.14.1 Beijing In-power Electric Synchronous Condensers for Renewable Energy Company Information

7.14.2 Beijing In-power Electric Synchronous Condensers for Renewable Energy Product Portfolio

7.14.3 Beijing In-power Electric Synchronous Condensers for Renewable Energy Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Beijing In-power Electric Main Business and Markets Served

7.14.5 Beijing In-power Electric Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Synchronous Condensers for Renewable Energy Industry Chain Analysis

8.2 Synchronous Condensers for Renewable Energy Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Synchronous Condensers for Renewable Energy Production Mode & Process Analysis

8.4 Synchronous Condensers for Renewable Energy Sales and Marketing

8.4.1 Synchronous Condensers for Renewable Energy Sales Channels

8.4.2 Synchronous Condensers for Renewable Energy Distributors

8.5 Synchronous Condensers for Renewable Energy Customer Analysis

9 Synchronous Condensers for Renewable Energy Market Dynamics

9.1 Synchronous Condensers for Renewable Energy Industry Trends

9.2 Synchronous Condensers for Renewable Energy Market Drivers

9.3 Synchronous Condensers for Renewable Energy Market Challenges

9.4 Synchronous Condensers for Renewable Energy 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

Hitachi

Siemens AG

WindSun Science Technology

Liaoning Rongxin Xingye Power Technology

Shenzhen Hopewind Electric

American Superconductor

Ingeteam

Beijing IN-POWER ELECTRIC

Shandong Taikai Power Electronic

List of Tables

Table 1. Global Synchronous Condensers for Renewable Energy Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Synchronous Condensers for Renewable Energy Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Synchronous Condensers for Renewable Energy Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global Synchronous Condensers for Renewable Energy Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global Synchronous Condensers for Renewable Energy Production Market Share by Manufacturers (2020-2025)

Table 6. Global Synchronous Condensers for Renewable Energy Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Synchronous Condensers for Renewable Energy Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Synchronous Condensers for Renewable Energy, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Synchronous Condensers for Renewable Energy as of 2024)

Table 10. Global Market Synchronous Condensers for Renewable Energy Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Product Offered and Application

Table 13. Global Key Manufacturers of Synchronous Condensers for Renewable Energy, Date of Enter into This Industry

Table 14. Global Synchronous Condensers for Renewable Energy Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Synchronous Condensers for Renewable Energy Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Region (2020-2025)

Table 19. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Synchronous Condensers for Renewable Energy Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Synchronous Condensers for Renewable Energy Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global Synchronous Condensers for Renewable Energy Production (K Units) by Region (2020-2025)

Table 23. Global Synchronous Condensers for Renewable Energy Production Market Share by Region (2020-2025)

Table 24. Global Synchronous Condensers for Renewable Energy Production (K Units) Forecast by Region (2026-2031)

Table 25. Global Synchronous Condensers for Renewable Energy Production Market Share Forecast by Region (2026-2031)

Table 26. Global Synchronous Condensers for Renewable Energy Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global Synchronous Condensers for Renewable Energy Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global Synchronous Condensers for Renewable Energy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global Synchronous Condensers for Renewable Energy Consumption by Region (2020-2025) & (K Units)

Table 30. Global Synchronous Condensers for Renewable Energy Consumption Market Share by Region (2020-2025)

Table 31. Global Synchronous Condensers for Renewable Energy Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global Synchronous Condensers for Renewable Energy Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America Synchronous Condensers for Renewable Energy Consumption by Country (2020-2025) & (K Units)

Table 35. North America Synchronous Condensers for Renewable Energy Consumption by Country (2026-2031) & (K Units)

Table 36. Europe Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe Synchronous Condensers for Renewable Energy Consumption by Country (2020-2025) & (K Units)

Table 38. Europe Synchronous Condensers for Renewable Energy Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific Synchronous Condensers for Renewable Energy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific Synchronous Condensers for Renewable Energy Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific Synchronous Condensers for Renewable Energy Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption by Country (2026-2031) & (K Units)

Table 45. Global Synchronous Condensers for Renewable Energy Production (K Units) by Type (2020-2025)

Table 46. Global Synchronous Condensers for Renewable Energy Production (K Units) by Type (2026-2031)

Table 47. Global Synchronous Condensers for Renewable Energy Production Market Share by Type (2020-2025)

Table 48. Global Synchronous Condensers for Renewable Energy Production Market Share by Type (2026-2031)

Table 49. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Type (2020-2025)

Table 52. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Type (2026-2031)

Table 53. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Type (2020-2025)

Table 54. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Type (2026-2031)

Table 55. Global Synchronous Condensers for Renewable Energy Production (K Units) by Application (2020-2025)

Table 56. Global Synchronous Condensers for Renewable Energy Production (K Units) by Application (2026-2031)

Table 57. Global Synchronous Condensers for Renewable Energy Production Market Share by Application (2020-2025)

Table 58. Global Synchronous Condensers for Renewable Energy Production Market Share by Application (2026-2031)

Table 59. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Application (2020-2025)

Table 62. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Application (2026-2031)

Table 63. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Application (2020-2025)

Table 64. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Application (2026-2031)

Table 65. Hitachi Synchronous Condensers for Renewable Energy Company Information

Table 66. Hitachi Synchronous Condensers for Renewable Energy Specification and Application

Table 67. Hitachi Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. Hitachi Main Business and Markets Served

Table 69. Hitachi Recent Developments/Updates

Table 70. Siemens Synchronous Condensers for Renewable Energy Company Information

Table 71. Siemens Synchronous Condensers for Renewable Energy Specification and Application

Table 72. Siemens Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. Siemens Main Business and Markets Served

Table 74. Siemens Recent Developments/Updates

Table 75. Windsun Science Technology Synchronous Condensers for Renewable Energy Company Information

Table 76. Windsun Science Technology Synchronous Condensers for Renewable Energy Specification and Application

Table 77. Windsun Science Technology Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Windsun Science Technology Main Business and Markets Served

Table 79. Windsun Science Technology Recent Developments/Updates

Table 80. Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Company Information

Table 81. Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Specification and Application

Table 82. Liaoning Rongxin Xingye Power Technology Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Liaoning Rongxin Xingye Power Technology Main Business and Markets Served

Table 84. Liaoning Rongxin Xingye Power Technology Recent Developments/Updates

Table 85. Sieyuan Electric Synchronous Condensers for Renewable Energy Company Information

Table 86. Sieyuan Electric Synchronous Condensers for Renewable Energy Specification and Application

Table 87. Sieyuan Electric Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. Sieyuan Electric Main Business and Markets Served

Table 89. Sieyuan Electric Recent Developments/Updates

Table 90. ABB Group Synchronous Condensers for Renewable Energy Company Information

Table 91. ABB Group Synchronous Condensers for Renewable Energy Specification and Application

Table 92. ABB Group Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. ABB Group Main Business and Markets Served

Table 94. ABB Group Recent Developments/Updates

Table 95. Mitsubishi Electric Synchronous Condensers for Renewable Energy Company Information

Table 96. Mitsubishi Electric Synchronous Condensers for Renewable Energy Specification and Application

Table 97. Mitsubishi Electric Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Mitsubishi Electric Main Business and Markets Served

Table 99. Mitsubishi Electric Recent Developments/Updates

Table 100. General Electric Synchronous Condensers for Renewable Energy Company Information

Table 101. General Electric Synchronous Condensers for Renewable Energy Specification and Application

Table 102. General Electric Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. General Electric Main Business and Markets Served

Table 104. General Electric Recent Developments/Updates

Table 105. Nari Technology Synchronous Condensers for Renewable Energy Company Information

Table 106. Nari Technology Synchronous Condensers for Renewable Energy Specification and Application

Table 107. Nari Technology Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Nari Technology Main Business and Markets Served

Table 109. Nari Technology Recent Developments/Updates

Table 110. Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Company Information

Table 111. Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Specification and Application

Table 112. Shandong Taikai Power Electronic Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. Shandong Taikai Power Electronic Main Business and Markets Served

Table 114. Shandong Taikai Power Electronic Recent Developments/Updates

Table 115. Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Company Information

Table 116. Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Specification and Application

Table 117. Shenzhen Hopewind Electric Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Shenzhen Hopewind Electric Main Business and Markets Served

Table 119. Shenzhen Hopewind Electric Recent Developments/Updates

Table 120. American Superconductor Synchronous Condensers for Renewable Energy Company Information

Table 121. American Superconductor Synchronous Condensers for Renewable Energy Specification and Application

Table 122. American Superconductor Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 123. American Superconductor Main Business and Markets Served

Table 124. American Superconductor Recent Developments/Updates

Table 125. Ingeteam Synchronous Condensers for Renewable Energy Company Information

Table 126. Ingeteam Synchronous Condensers for Renewable Energy Specification and Application

Table 127. Ingeteam Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 128. Ingeteam Main Business and Markets Served

Table 129. Ingeteam Recent Developments/Updates

Table 130. Beijing In-power Electric Synchronous Condensers for Renewable Energy Company Information

Table 131. Beijing In-power Electric Synchronous Condensers for Renewable Energy Specification and Application

Table 132. Beijing In-power Electric Synchronous Condensers for Renewable Energy Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 133. Beijing In-power Electric Main Business and Markets Served

Table 134. Beijing In-power Electric Recent Developments/Updates

Table 135. Key Raw Materials Lists

Table 136. Raw Materials Key Suppliers Lists

Table 137. Synchronous Condensers for Renewable Energy Distributors List

Table 138. Synchronous Condensers for Renewable Energy Customers List

Table 139. Synchronous Condensers for Renewable Energy Market Trends

Table 140. Synchronous Condensers for Renewable Energy Market Drivers

Table 141. Synchronous Condensers for Renewable Energy Market Challenges

Table 142. Synchronous Condensers for Renewable Energy Market Restraints

Table 143. Research Programs/Design for This Report

Table 144. Key Data Information from Secondary Sources

Table 145. Key Data Information from Primary Sources

Table 146. Authors List of This Report

List of Figures

Figure 1. Product Picture of Synchronous Condensers for Renewable Energy

Figure 2. Global Synchronous Condensers for Renewable Energy Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Synchronous Condensers for Renewable Energy Market Share by Type: 2024 VS 2031

Figure 4. High Voltage Product Picture

Figure 5. Low Voltage Product Picture

Figure 6. Global Synchronous Condensers for Renewable Energy Market Value by Application, (US$ Million) & (2020-2031)

Figure 7. Global Synchronous Condensers for Renewable Energy Market Share by Application: 2024 VS 2031

Figure 8. Solar

Figure 9. Wind

Figure 10. Others

Figure 11. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 12. Global Synchronous Condensers for Renewable Energy Production Value (US$ Million) & (2020-2031)

Figure 13. Global Synchronous Condensers for Renewable Energy Production Capacity (K Units) & (2020-2031)

Figure 14. Global Synchronous Condensers for Renewable Energy Production (K Units) & (2020-2031)

Figure 15. Global Synchronous Condensers for Renewable Energy Average Price (US$/Unit) & (2020-2031)

Figure 16. Synchronous Condensers for Renewable Energy Report Years Considered

Figure 17. Synchronous Condensers for Renewable Energy Production Share by Manufacturers in 2024

Figure 18. Global Synchronous Condensers for Renewable Energy Production Value Share by Manufacturers (2024)

Figure 19. Synchronous Condensers for Renewable Energy Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 20. The Global 5 and 10 Largest Players: Market Share by Synchronous Condensers for Renewable Energy Revenue in 2024

Figure 21. Global Synchronous Condensers for Renewable Energy Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 22. Global Synchronous Condensers for Renewable Energy Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 23. Global Synchronous Condensers for Renewable Energy Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 24. Global Synchronous Condensers for Renewable Energy Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 25. North America Synchronous Condensers for Renewable Energy Production Value (US$ Million) Growth Rate (2020-2031)

Figure 26. Europe Synchronous Condensers for Renewable Energy Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. China Synchronous Condensers for Renewable Energy Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. Japan Synchronous Condensers for Renewable Energy Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Global Synchronous Condensers for Renewable Energy Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 30. Global Synchronous Condensers for Renewable Energy Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 31. North America Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 32. North America Synchronous Condensers for Renewable Energy Consumption Market Share by Country (2020-2031)

Figure 33. U.S. Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 34. Canada Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 35. Europe Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 36. Europe Synchronous Condensers for Renewable Energy Consumption Market Share by Country (2020-2031)

Figure 37. Germany Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 38. France Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 39. U.K. Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. Italy Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. Netherlands Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. Asia Pacific Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Asia Pacific Synchronous Condensers for Renewable Energy Consumption Market Share by Region (2020-2031)

Figure 44. China Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 45. Japan Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 46. South Korea Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. China Taiwan Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. Southeast Asia Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. India Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. Latin America, Middle East & Africa Synchronous Condensers for Renewable Energy Consumption Market Share by Country (2020-2031)

Figure 52. Mexico Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 53. Brazil Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 54. Turkey Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. GCC Countries Synchronous Condensers for Renewable Energy Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. Global Production Market Share of Synchronous Condensers for Renewable Energy by Type (2020-2031)

Figure 57. Global Production Value Market Share of Synchronous Condensers for Renewable Energy by Type (2020-2031)

Figure 58. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Type (2020-2031)

Figure 59. Global Production Market Share of Synchronous Condensers for Renewable Energy by Application (2020-2031)

Figure 60. Global Production Value Market Share of Synchronous Condensers for Renewable Energy by Application (2020-2031)

Figure 61. Global Synchronous Condensers for Renewable Energy Price (US$/Unit) by Application (2020-2031)

Figure 62. Synchronous Condensers for Renewable Energy Value Chain

Figure 63. Channels of Distribution (Direct Vs Distribution)

Figure 64. Bottom-up and Top-down Approaches for This Report

Figure 65. Data Triangulation

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