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Global Static VAR Compensator (SVC) Market Research Report 2025
Published Date: August 2025
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Report Code: QYRE-Auto-2U4702
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Global Static VAR Compensator SVC Market Insights Forecast to 2028
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Global Static VAR Compensator (SVC) Market Research Report 2025

Code: QYRE-Auto-2U4702
Report
August 2025
Pages:88
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Rongxin Power Electronic (China)
ABB Ltd (Switzerland)
Siemens AG (Germany)
General Electric (U.S.)
Eaton Corp. Plc (Ireland)
American Electric Power (U.S.)
Hyosung (South Korea)
NR Electric Co. Ltd. (China)
Mitsubishi Electric Corp (Japan)
American Superconductor Corp. (U.S.)

Static VAR Compensator (SVC) Market Size

The global market for Static VAR Compensator (SVC) was valued at US$ 701 million in the year 2024 and is projected to reach a revised size of US$ 815 million by 2031, growing at a CAGR of 2.2% during the forecast period.

Static VAR Compensator (SVC) Market

Static VAR Compensator (SVC) Market

SVC reactive compensation device is static reactive compensation device.A device consisting of a capacitor and various reactance elements connected in parallel with the system and supplying or absorbing reactive power from the system, referred to as static complement.The main part of the device has no mechanical moving parts and its output reactive power can be changed rapidly to maintain or control certain parameters of the power system.
Asia-Pacific is the fastest growing market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Static VAR Compensator (SVC), 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 Static VAR Compensator (SVC).
The Static VAR Compensator (SVC) 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 Static VAR Compensator (SVC) market comprehensively. Regional market sizes, concerning products by Control, 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 Static VAR Compensator (SVC) 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 Control, by Application, and by regions.
Market Segmentation

Scope of Static VAR Compensator (SVC) Market Report

Report Metric Details
Report Name Static VAR Compensator (SVC) Market
Accounted market size in year US$ 701 million
Forecasted market size in 2031 US$ 815 million
CAGR 2.2%
Base Year year
Forecasted years 2025 - 2031
by Application
  • Electric Utility
  • Renewable Industrial
  • Railway
  • Steel & Mining
  • 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 Rongxin Power Electronic (China), ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Eaton Corp plc (Ireland), American Electric Power (U.S.), Hyosung (South Korea), NR Electric Co. Ltd. (China), Mitsubishi Electric Corp. (Japan), American Superconductor Corp. (U.S.), by Control, Controllable Saturation Shunt Reactance Type (CSR), Self-Saturated Parallel Reactance Type (SR), Thyristor Controlled Parallel Reactance Type (TCR), Thyristor Controlled Transformer Type (TCT), Thyristor Switching Shunt Capacitor Type (TSC), Thyristor Switching Reactor (TSR)
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 Control, 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 Static VAR Compensator (SVC) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Static VAR Compensator (SVC) 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 Static VAR Compensator (SVC) 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 Control, 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 Static VAR Compensator (SVC) Market growing?

Ans: The Static VAR Compensator (SVC) Market witnessing a CAGR of 2.2% during the forecast period 2025-2031.

What is the Static VAR Compensator (SVC) Market size in 2031?

Ans: The Static VAR Compensator (SVC) Market size in 2031 will be US$ 815 million.

Who are the main players in the Static VAR Compensator (SVC) Market report?

Ans: The main players in the Static VAR Compensator (SVC) Market are Rongxin Power Electronic (China), ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Eaton Corp plc (Ireland), American Electric Power (U.S.), Hyosung (South Korea), NR Electric Co. Ltd. (China), Mitsubishi Electric Corp. (Japan), American Superconductor Corp. (U.S.), by Control, Controllable Saturation Shunt Reactance Type (CSR), Self-Saturated Parallel Reactance Type (SR), Thyristor Controlled Parallel Reactance Type (TCR), Thyristor Controlled Transformer Type (TCT), Thyristor Switching Shunt Capacitor Type (TSC), Thyristor Switching Reactor (TSR)

What are the Application segmentation covered in the Static VAR Compensator (SVC) Market report?

Ans: The Applications covered in the Static VAR Compensator (SVC) Market report are Electric Utility, Renewable Industrial, Railway, Steel & Mining, Oil & Gas, Others

1 Static VAR Compensator (SVC) Market Overview
1.1 Product Definition
1.2 Static VAR Compensator (SVC) by Control
1.2.1 Global Static VAR Compensator (SVC) Market Value Growth Rate Analysis by Control: 2024 VS 2031
1.2.2 Controllable Saturation Shunt Reactance Type (CSR)
1.2.3 Self-Saturated Parallel Reactance Type (SR)
1.2.4 Thyristor Controlled Parallel Reactance Type (TCR)
1.2.5 Thyristor Controlled Transformer Type (TCT)
1.2.6 Thyristor Switching Shunt Capacitor Type (TSC)
1.2.7 Thyristor Switching Reactor (TSR)
1.3 Static VAR Compensator (SVC) by Application
1.3.1 Global Static VAR Compensator (SVC) Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Electric Utility
1.3.3 Renewable Industrial
1.3.4 Railway
1.3.5 Steel & Mining
1.3.6 Oil & Gas
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Static VAR Compensator (SVC) Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Static VAR Compensator (SVC) Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Static VAR Compensator (SVC) Production Estimates and Forecasts (2020-2031)
1.4.4 Global Static VAR Compensator (SVC) Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Static VAR Compensator (SVC) Production Market Share by Manufacturers (2020-2025)
2.2 Global Static VAR Compensator (SVC) Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Static VAR Compensator (SVC), Industry Ranking, 2023 VS 2024
2.4 Global Static VAR Compensator (SVC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Static VAR Compensator (SVC) Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Static VAR Compensator (SVC), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Static VAR Compensator (SVC), Product Offered and Application
2.8 Global Key Manufacturers of Static VAR Compensator (SVC), Date of Enter into This Industry
2.9 Static VAR Compensator (SVC) Market Competitive Situation and Trends
2.9.1 Static VAR Compensator (SVC) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Static VAR Compensator (SVC) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Static VAR Compensator (SVC) Production by Region
3.1 Global Static VAR Compensator (SVC) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Static VAR Compensator (SVC) Production Value by Region (2020-2031)
3.2.1 Global Static VAR Compensator (SVC) Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Static VAR Compensator (SVC) by Region (2026-2031)
3.3 Global Static VAR Compensator (SVC) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Static VAR Compensator (SVC) Production Volume by Region (2020-2031)
3.4.1 Global Static VAR Compensator (SVC) Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Static VAR Compensator (SVC) by Region (2026-2031)
3.5 Global Static VAR Compensator (SVC) Market Price Analysis by Region (2020-2025)
3.6 Global Static VAR Compensator (SVC) Production and Value, Year-over-Year Growth
3.6.1 North America Static VAR Compensator (SVC) Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Static VAR Compensator (SVC) Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Static VAR Compensator (SVC) Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Static VAR Compensator (SVC) Production Value Estimates and Forecasts (2020-2031)
4 Static VAR Compensator (SVC) Consumption by Region
4.1 Global Static VAR Compensator (SVC) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Static VAR Compensator (SVC) Consumption by Region (2020-2031)
4.2.1 Global Static VAR Compensator (SVC) Consumption by Region (2020-2025)
4.2.2 Global Static VAR Compensator (SVC) Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Static VAR Compensator (SVC) Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Static VAR Compensator (SVC) 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 Static VAR Compensator (SVC) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Static VAR Compensator (SVC) 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 Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Static VAR Compensator (SVC) 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 Control
5.1 Global Static VAR Compensator (SVC) Production by Control (2020-2031)
5.1.1 Global Static VAR Compensator (SVC) Production by Control (2020-2025)
5.1.2 Global Static VAR Compensator (SVC) Production by Control (2026-2031)
5.1.3 Global Static VAR Compensator (SVC) Production Market Share by Control (2020-2031)
5.2 Global Static VAR Compensator (SVC) Production Value by Control (2020-2031)
5.2.1 Global Static VAR Compensator (SVC) Production Value by Control (2020-2025)
5.2.2 Global Static VAR Compensator (SVC) Production Value by Control (2026-2031)
5.2.3 Global Static VAR Compensator (SVC) Production Value Market Share by Control (2020-2031)
5.3 Global Static VAR Compensator (SVC) Price by Control (2020-2031)
6 Segment by Application
6.1 Global Static VAR Compensator (SVC) Production by Application (2020-2031)
6.1.1 Global Static VAR Compensator (SVC) Production by Application (2020-2025)
6.1.2 Global Static VAR Compensator (SVC) Production by Application (2026-2031)
6.1.3 Global Static VAR Compensator (SVC) Production Market Share by Application (2020-2031)
6.2 Global Static VAR Compensator (SVC) Production Value by Application (2020-2031)
6.2.1 Global Static VAR Compensator (SVC) Production Value by Application (2020-2025)
6.2.2 Global Static VAR Compensator (SVC) Production Value by Application (2026-2031)
6.2.3 Global Static VAR Compensator (SVC) Production Value Market Share by Application (2020-2031)
6.3 Global Static VAR Compensator (SVC) Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Rongxin Power Electronic (China)
7.1.1 Rongxin Power Electronic (China) Static VAR Compensator (SVC) Company Information
7.1.2 Rongxin Power Electronic (China) Static VAR Compensator (SVC) Product Portfolio
7.1.3 Rongxin Power Electronic (China) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Rongxin Power Electronic (China) Main Business and Markets Served
7.1.5 Rongxin Power Electronic (China) Recent Developments/Updates
7.2 ABB Ltd. (Switzerland)
7.2.1 ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Company Information
7.2.2 ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Product Portfolio
7.2.3 ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.2.4 ABB Ltd. (Switzerland) Main Business and Markets Served
7.2.5 ABB Ltd. (Switzerland) Recent Developments/Updates
7.3 Siemens AG (Germany)
7.3.1 Siemens AG (Germany) Static VAR Compensator (SVC) Company Information
7.3.2 Siemens AG (Germany) Static VAR Compensator (SVC) Product Portfolio
7.3.3 Siemens AG (Germany) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Siemens AG (Germany) Main Business and Markets Served
7.3.5 Siemens AG (Germany) Recent Developments/Updates
7.4 General Electric (U.S.)
7.4.1 General Electric (U.S.) Static VAR Compensator (SVC) Company Information
7.4.2 General Electric (U.S.) Static VAR Compensator (SVC) Product Portfolio
7.4.3 General Electric (U.S.) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.4.4 General Electric (U.S.) Main Business and Markets Served
7.4.5 General Electric (U.S.) Recent Developments/Updates
7.5 Eaton Corp plc (Ireland)
7.5.1 Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Company Information
7.5.2 Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Product Portfolio
7.5.3 Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Eaton Corp plc (Ireland) Main Business and Markets Served
7.5.5 Eaton Corp plc (Ireland) Recent Developments/Updates
7.6 American Electric Power (U.S.)
7.6.1 American Electric Power (U.S.) Static VAR Compensator (SVC) Company Information
7.6.2 American Electric Power (U.S.) Static VAR Compensator (SVC) Product Portfolio
7.6.3 American Electric Power (U.S.) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.6.4 American Electric Power (U.S.) Main Business and Markets Served
7.6.5 American Electric Power (U.S.) Recent Developments/Updates
7.7 Hyosung (South Korea)
7.7.1 Hyosung (South Korea) Static VAR Compensator (SVC) Company Information
7.7.2 Hyosung (South Korea) Static VAR Compensator (SVC) Product Portfolio
7.7.3 Hyosung (South Korea) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Hyosung (South Korea) Main Business and Markets Served
7.7.5 Hyosung (South Korea) Recent Developments/Updates
7.8 NR Electric Co. Ltd. (China)
7.8.1 NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Company Information
7.8.2 NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Product Portfolio
7.8.3 NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.8.4 NR Electric Co. Ltd. (China) Main Business and Markets Served
7.8.5 NR Electric Co. Ltd. (China) Recent Developments/Updates
7.9 Mitsubishi Electric Corp. (Japan)
7.9.1 Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Company Information
7.9.2 Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Product Portfolio
7.9.3 Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Mitsubishi Electric Corp. (Japan) Main Business and Markets Served
7.9.5 Mitsubishi Electric Corp. (Japan) Recent Developments/Updates
7.10 American Superconductor Corp. (U.S.)
7.10.1 American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Company Information
7.10.2 American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Product Portfolio
7.10.3 American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Production, Value, Price and Gross Margin (2020-2025)
7.10.4 American Superconductor Corp. (U.S.) Main Business and Markets Served
7.10.5 American Superconductor Corp. (U.S.) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Static VAR Compensator (SVC) Industry Chain Analysis
8.2 Static VAR Compensator (SVC) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Static VAR Compensator (SVC) Production Mode & Process Analysis
8.4 Static VAR Compensator (SVC) Sales and Marketing
8.4.1 Static VAR Compensator (SVC) Sales Channels
8.4.2 Static VAR Compensator (SVC) Distributors
8.5 Static VAR Compensator (SVC) Customer Analysis
9 Static VAR Compensator (SVC) Market Dynamics
9.1 Static VAR Compensator (SVC) Industry Trends
9.2 Static VAR Compensator (SVC) Market Drivers
9.3 Static VAR Compensator (SVC) Market Challenges
9.4 Static VAR Compensator (SVC) 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
Rongxin Power Electronic (China)
ABB Ltd (Switzerland)
Siemens AG (Germany)
General Electric (U.S.)
Eaton Corp. Plc (Ireland)
American Electric Power (U.S.)
Hyosung (South Korea)
NR Electric Co. Ltd. (China)
Mitsubishi Electric Corp (Japan)
American Superconductor Corp. (U.S.)
List of Tables
 Table 1. Global Static VAR Compensator (SVC) Market Value by Control, (US$ Million) & (2024 VS 2031)
 Table 2. Global Static VAR Compensator (SVC) Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Static VAR Compensator (SVC) Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Static VAR Compensator (SVC) Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Static VAR Compensator (SVC) Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Static VAR Compensator (SVC) Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Static VAR Compensator (SVC) Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Static VAR Compensator (SVC), Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Static VAR Compensator (SVC) as of 2024)
 Table 10. Global Market Static VAR Compensator (SVC) Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Static VAR Compensator (SVC), Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Static VAR Compensator (SVC), Product Offered and Application
 Table 13. Global Key Manufacturers of Static VAR Compensator (SVC), Date of Enter into This Industry
 Table 14. Global Static VAR Compensator (SVC) Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Static VAR Compensator (SVC) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Static VAR Compensator (SVC) Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Static VAR Compensator (SVC) Production Value Market Share by Region (2020-2025)
 Table 19. Global Static VAR Compensator (SVC) Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Static VAR Compensator (SVC) Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Static VAR Compensator (SVC) Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Static VAR Compensator (SVC) Production (K Units) by Region (2020-2025)
 Table 23. Global Static VAR Compensator (SVC) Production Market Share by Region (2020-2025)
 Table 24. Global Static VAR Compensator (SVC) Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Static VAR Compensator (SVC) Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Static VAR Compensator (SVC) Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global Static VAR Compensator (SVC) Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global Static VAR Compensator (SVC) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Static VAR Compensator (SVC) Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Static VAR Compensator (SVC) Consumption Market Share by Region (2020-2025)
 Table 31. Global Static VAR Compensator (SVC) Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Static VAR Compensator (SVC) Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Static VAR Compensator (SVC) Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Static VAR Compensator (SVC) Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Static VAR Compensator (SVC) Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Static VAR Compensator (SVC) Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Static VAR Compensator (SVC) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Static VAR Compensator (SVC) Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Static VAR Compensator (SVC) Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Static VAR Compensator (SVC) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Static VAR Compensator (SVC) Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Static VAR Compensator (SVC) Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Static VAR Compensator (SVC) Production (K Units) by Control (2020-2025)
 Table 46. Global Static VAR Compensator (SVC) Production (K Units) by Control (2026-2031)
 Table 47. Global Static VAR Compensator (SVC) Production Market Share by Control (2020-2025)
 Table 48. Global Static VAR Compensator (SVC) Production Market Share by Control (2026-2031)
 Table 49. Global Static VAR Compensator (SVC) Production Value (US$ Million) by Control (2020-2025)
 Table 50. Global Static VAR Compensator (SVC) Production Value (US$ Million) by Control (2026-2031)
 Table 51. Global Static VAR Compensator (SVC) Production Value Market Share by Control (2020-2025)
 Table 52. Global Static VAR Compensator (SVC) Production Value Market Share by Control (2026-2031)
 Table 53. Global Static VAR Compensator (SVC) Price (USD/Unit) by Control (2020-2025)
 Table 54. Global Static VAR Compensator (SVC) Price (USD/Unit) by Control (2026-2031)
 Table 55. Global Static VAR Compensator (SVC) Production (K Units) by Application (2020-2025)
 Table 56. Global Static VAR Compensator (SVC) Production (K Units) by Application (2026-2031)
 Table 57. Global Static VAR Compensator (SVC) Production Market Share by Application (2020-2025)
 Table 58. Global Static VAR Compensator (SVC) Production Market Share by Application (2026-2031)
 Table 59. Global Static VAR Compensator (SVC) Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Static VAR Compensator (SVC) Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Static VAR Compensator (SVC) Production Value Market Share by Application (2020-2025)
 Table 62. Global Static VAR Compensator (SVC) Production Value Market Share by Application (2026-2031)
 Table 63. Global Static VAR Compensator (SVC) Price (USD/Unit) by Application (2020-2025)
 Table 64. Global Static VAR Compensator (SVC) Price (USD/Unit) by Application (2026-2031)
 Table 65. Rongxin Power Electronic (China) Static VAR Compensator (SVC) Company Information
 Table 66. Rongxin Power Electronic (China) Static VAR Compensator (SVC) Specification and Application
 Table 67. Rongxin Power Electronic (China) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 68. Rongxin Power Electronic (China) Main Business and Markets Served
 Table 69. Rongxin Power Electronic (China) Recent Developments/Updates
 Table 70. ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Company Information
 Table 71. ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Specification and Application
 Table 72. ABB Ltd. (Switzerland) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. ABB Ltd. (Switzerland) Main Business and Markets Served
 Table 74. ABB Ltd. (Switzerland) Recent Developments/Updates
 Table 75. Siemens AG (Germany) Static VAR Compensator (SVC) Company Information
 Table 76. Siemens AG (Germany) Static VAR Compensator (SVC) Specification and Application
 Table 77. Siemens AG (Germany) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. Siemens AG (Germany) Main Business and Markets Served
 Table 79. Siemens AG (Germany) Recent Developments/Updates
 Table 80. General Electric (U.S.) Static VAR Compensator (SVC) Company Information
 Table 81. General Electric (U.S.) Static VAR Compensator (SVC) Specification and Application
 Table 82. General Electric (U.S.) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. General Electric (U.S.) Main Business and Markets Served
 Table 84. General Electric (U.S.) Recent Developments/Updates
 Table 85. Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Company Information
 Table 86. Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Specification and Application
 Table 87. Eaton Corp plc (Ireland) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. Eaton Corp plc (Ireland) Main Business and Markets Served
 Table 89. Eaton Corp plc (Ireland) Recent Developments/Updates
 Table 90. American Electric Power (U.S.) Static VAR Compensator (SVC) Company Information
 Table 91. American Electric Power (U.S.) Static VAR Compensator (SVC) Specification and Application
 Table 92. American Electric Power (U.S.) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. American Electric Power (U.S.) Main Business and Markets Served
 Table 94. American Electric Power (U.S.) Recent Developments/Updates
 Table 95. Hyosung (South Korea) Static VAR Compensator (SVC) Company Information
 Table 96. Hyosung (South Korea) Static VAR Compensator (SVC) Specification and Application
 Table 97. Hyosung (South Korea) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. Hyosung (South Korea) Main Business and Markets Served
 Table 99. Hyosung (South Korea) Recent Developments/Updates
 Table 100. NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Company Information
 Table 101. NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Specification and Application
 Table 102. NR Electric Co. Ltd. (China) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. NR Electric Co. Ltd. (China) Main Business and Markets Served
 Table 104. NR Electric Co. Ltd. (China) Recent Developments/Updates
 Table 105. Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Company Information
 Table 106. Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Specification and Application
 Table 107. Mitsubishi Electric Corp. (Japan) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. Mitsubishi Electric Corp. (Japan) Main Business and Markets Served
 Table 109. Mitsubishi Electric Corp. (Japan) Recent Developments/Updates
 Table 110. American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Company Information
 Table 111. American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Specification and Application
 Table 112. American Superconductor Corp. (U.S.) Static VAR Compensator (SVC) Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 113. American Superconductor Corp. (U.S.) Main Business and Markets Served
 Table 114. American Superconductor Corp. (U.S.) Recent Developments/Updates
 Table 115. Key Raw Materials Lists
 Table 116. Raw Materials Key Suppliers Lists
 Table 117. Static VAR Compensator (SVC) Distributors List
 Table 118. Static VAR Compensator (SVC) Customers List
 Table 119. Static VAR Compensator (SVC) Market Trends
 Table 120. Static VAR Compensator (SVC) Market Drivers
 Table 121. Static VAR Compensator (SVC) Market Challenges
 Table 122. Static VAR Compensator (SVC) 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 Static VAR Compensator (SVC)
 Figure 2. Global Static VAR Compensator (SVC) Market Value by Control, (US$ Million) & (2020-2031)
 Figure 3. Global Static VAR Compensator (SVC) Market Share by Control: 2024 VS 2031
 Figure 4. Controllable Saturation Shunt Reactance Type (CSR) Product Picture
 Figure 5. Self-Saturated Parallel Reactance Type (SR) Product Picture
 Figure 6. Thyristor Controlled Parallel Reactance Type (TCR) Product Picture
 Figure 7. Thyristor Controlled Transformer Type (TCT) Product Picture
 Figure 8. Thyristor Switching Shunt Capacitor Type (TSC) Product Picture
 Figure 9. Thyristor Switching Reactor (TSR) Product Picture
 Figure 10. Global Static VAR Compensator (SVC) Market Value by Application, (US$ Million) & (2020-2031)
 Figure 11. Global Static VAR Compensator (SVC) Market Share by Application: 2024 VS 2031
 Figure 12. Electric Utility
 Figure 13. Renewable Industrial
 Figure 14. Railway
 Figure 15. Steel & Mining
 Figure 16. Oil & Gas
 Figure 17. Others
 Figure 18. Global Static VAR Compensator (SVC) Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 19. Global Static VAR Compensator (SVC) Production Value (US$ Million) & (2020-2031)
 Figure 20. Global Static VAR Compensator (SVC) Production Capacity (K Units) & (2020-2031)
 Figure 21. Global Static VAR Compensator (SVC) Production (K Units) & (2020-2031)
 Figure 22. Global Static VAR Compensator (SVC) Average Price (USD/Unit) & (2020-2031)
 Figure 23. Static VAR Compensator (SVC) Report Years Considered
 Figure 24. Static VAR Compensator (SVC) Production Share by Manufacturers in 2024
 Figure 25. Global Static VAR Compensator (SVC) Production Value Share by Manufacturers (2024)
 Figure 26. Static VAR Compensator (SVC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 27. The Global 5 and 10 Largest Players: Market Share by Static VAR Compensator (SVC) Revenue in 2024
 Figure 28. Global Static VAR Compensator (SVC) Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 29. Global Static VAR Compensator (SVC) Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 30. Global Static VAR Compensator (SVC) Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 31. Global Static VAR Compensator (SVC) Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Static VAR Compensator (SVC) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Europe Static VAR Compensator (SVC) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 34. China Static VAR Compensator (SVC) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 35. Japan Static VAR Compensator (SVC) Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 36. Global Static VAR Compensator (SVC) Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 37. Global Static VAR Compensator (SVC) Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 38. North America Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 39. North America Static VAR Compensator (SVC) Consumption Market Share by Country (2020-2031)
 Figure 40. U.S. Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. Canada Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Europe Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Europe Static VAR Compensator (SVC) Consumption Market Share by Country (2020-2031)
 Figure 44. Germany Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. France Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. U.K. Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Italy Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. Netherlands Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. Asia Pacific Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Asia Pacific Static VAR Compensator (SVC) Consumption Market Share by Region (2020-2031)
 Figure 51. China Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Japan Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. South Korea Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. China Taiwan Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Southeast Asia Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. India Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. Latin America, Middle East & Africa Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. Latin America, Middle East & Africa Static VAR Compensator (SVC) Consumption Market Share by Country (2020-2031)
 Figure 59. Mexico Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 60. Brazil Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 61. Turkey Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 62. GCC Countries Static VAR Compensator (SVC) Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 63. Global Production Market Share of Static VAR Compensator (SVC) by Control (2020-2031)
 Figure 64. Global Production Value Market Share of Static VAR Compensator (SVC) by Control (2020-2031)
 Figure 65. Global Static VAR Compensator (SVC) Price (USD/Unit) by Control (2020-2031)
 Figure 66. Global Production Market Share of Static VAR Compensator (SVC) by Application (2020-2031)
 Figure 67. Global Production Value Market Share of Static VAR Compensator (SVC) by Application (2020-2031)
 Figure 68. Global Static VAR Compensator (SVC) Price (USD/Unit) by Application (2020-2031)
 Figure 69. Static VAR Compensator (SVC) Value Chain
 Figure 70. Channels of Distribution (Direct Vs Distribution)
 Figure 71. Bottom-up and Top-down Approaches for This Report
 Figure 72. Data Triangulation
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