The global market for Static Synchronous Compensator (STATCOM) Solution was valued at US$ 925 million in the year 2024 and is projected to reach a revised size of US$ 1267 million by 2031, growing at a CAGR of 4.6% during the forecast period.

Static Synchronous Compensator (STATCOM) Solution Market

A Static Synchronous Compensator (STATCOM) solution is a highly advanced and efficient device in the realm of power systems. It serves as a flexible alternating - current transmission system (FACTS) technology. The STATCOM is designed to regulate voltage and improve power quality in electrical grids. It operates by injecting or absorbing reactive power into the system. When the grid experiences voltage dips, the STATCOM injects reactive power, thereby boosting the voltage back to an acceptable level. Conversely, during over - voltage situations, it absorbs reactive power to mitigate the excessive voltage. This dynamic adjustment of reactive power compensates for the varying reactive power demands of loads, such as industrial motors and other equipment that consume or generate reactive power unpredictably. By maintaining stable voltage levels, STATCOM solutions enhance the reliability and stability of the power grid, reduce power losses, and enable better utilization of existing transmission infrastructure. They are particularly crucial in modern power systems that are increasingly complex, with a growing presence of distributed generation sources and non - linear loads.

North American market for Static Synchronous Compensator (STATCOM) Solution 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 Static Synchronous Compensator (STATCOM) Solution 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 global market for Static Synchronous Compensator (STATCOM) Solution in Utilities & TSOs is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Static Synchronous Compensator (STATCOM) Solution include Hitachi, GE, Siemens, Mitsubishi Electric, NR Electric, Ingeteam, AMSC, Hopewind, Anhui Zhongdian Electric, Diram, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Static Synchronous Compensator (STATCOM) Solution, 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 Synchronous Compensator (STATCOM) Solution.

The Static Synchronous Compensator (STATCOM) Solution market size, estimations, and forecasts are provided in terms of 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 Synchronous Compensator (STATCOM) Solution 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 Static Synchronous Compensator (STATCOM) Solution companies, new entrants, and industry chain related companies in this market with information on the revenues 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 Static Synchronous Compensator (STATCOM) Solution Market Report

Report Metric	Details
Report Name	Static Synchronous Compensator (STATCOM) Solution Market
Accounted market size in year	US$ 925 million
Forecasted market size in 2031	US$ 1267 million
CAGR	4.6%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	0 MVAr to 50 MVAr 50 MVAr to 150 MVAr 150 MVAr to 300 MVAr More than 300 MVAr
Segment by Application	Utilities & TSOs Steel Renewable Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Hitachi, GE, Siemens, Mitsubishi Electric, NR Electric, Ingeteam, AMSC, Hopewind, Anhui Zhongdian Electric, Diram, Hilkar, Merus, SIFANG, ABB, Endoks, Strong Power, RXHK
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 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Static Synchronous Compensator (STATCOM) Solution company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Static Synchronous Compensator (STATCOM) Solution Market growing?

Ans: The Static Synchronous Compensator (STATCOM) Solution Market witnessing a CAGR of 4.6% during the forecast period 2025-2031.

What is the Static Synchronous Compensator (STATCOM) Solution Market size in 2031?

Ans: The Static Synchronous Compensator (STATCOM) Solution Market size in 2031 will be US$ 1267 million.

Who are the main players in the Static Synchronous Compensator (STATCOM) Solution Market report?

Ans: The main players in the Static Synchronous Compensator (STATCOM) Solution Market are Hitachi, GE, Siemens, Mitsubishi Electric, NR Electric, Ingeteam, AMSC, Hopewind, Anhui Zhongdian Electric, Diram, Hilkar, Merus, SIFANG, ABB, Endoks, Strong Power, RXHK

What are the Application segmentation covered in the Static Synchronous Compensator (STATCOM) Solution Market report?

Ans: The Applications covered in the Static Synchronous Compensator (STATCOM) Solution Market report are Utilities & TSOs, Steel, Renewable, Others

What are the Type segmentation covered in the Static Synchronous Compensator (STATCOM) Solution Market report?

Ans: The Types covered in the Static Synchronous Compensator (STATCOM) Solution Market report are 0 MVAr to 50 MVAr, 50 MVAr to 150 MVAr, 150 MVAr to 300 MVAr, More than 300 MVAr

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 0 MVAr to 50 MVAr

1.2.3 50 MVAr to 150 MVAr

1.2.4 150 MVAr to 300 MVAr

1.2.5 More than 300 MVAr

1.3 Market by Application

1.3.1 Global Static Synchronous Compensator (STATCOM) Solution Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Utilities & TSOs

1.3.3 Steel

1.3.4 Renewable

1.3.5 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Static Synchronous Compensator (STATCOM) Solution Market Perspective (2020-2031)

2.2 Global Static Synchronous Compensator (STATCOM) Solution Growth Trends by Region

2.2.1 Global Static Synchronous Compensator (STATCOM) Solution Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Static Synchronous Compensator (STATCOM) Solution Historic Market Size by Region (2020-2025)

2.2.3 Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Region (2026-2031)

2.3 Static Synchronous Compensator (STATCOM) Solution Market Dynamics

2.3.1 Static Synchronous Compensator (STATCOM) Solution Industry Trends

2.3.2 Static Synchronous Compensator (STATCOM) Solution Market Drivers

2.3.3 Static Synchronous Compensator (STATCOM) Solution Market Challenges

2.3.4 Static Synchronous Compensator (STATCOM) Solution Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Static Synchronous Compensator (STATCOM) Solution Players by Revenue

3.1.1 Global Top Static Synchronous Compensator (STATCOM) Solution Players by Revenue (2020-2025)

3.1.2 Global Static Synchronous Compensator (STATCOM) Solution Revenue Market Share by Players (2020-2025)

3.2 Global Top Static Synchronous Compensator (STATCOM) Solution Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Static Synchronous Compensator (STATCOM) Solution Revenue

3.4 Global Static Synchronous Compensator (STATCOM) Solution Market Concentration Ratio

3.4.1 Global Static Synchronous Compensator (STATCOM) Solution Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Static Synchronous Compensator (STATCOM) Solution Revenue in 2024

3.5 Global Key Players of Static Synchronous Compensator (STATCOM) Solution Head office and Area Served

3.6 Global Key Players of Static Synchronous Compensator (STATCOM) Solution, Product and Application

3.7 Global Key Players of Static Synchronous Compensator (STATCOM) Solution, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Static Synchronous Compensator (STATCOM) Solution Breakdown Data by Type

4.1 Global Static Synchronous Compensator (STATCOM) Solution Historic Market Size by Type (2020-2025)

4.2 Global Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Type (2026-2031)

5 Static Synchronous Compensator (STATCOM) Solution Breakdown Data by Application

5.1 Global Static Synchronous Compensator (STATCOM) Solution Historic Market Size by Application (2020-2025)

5.2 Global Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Static Synchronous Compensator (STATCOM) Solution Market Size (2020-2031)

6.2 North America Static Synchronous Compensator (STATCOM) Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025)

6.4 North America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Static Synchronous Compensator (STATCOM) Solution Market Size (2020-2031)

7.2 Europe Static Synchronous Compensator (STATCOM) Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025)

7.4 Europe Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size (2020-2031)

8.2 Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size by Region (2020-2025)

8.4 Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Static Synchronous Compensator (STATCOM) Solution Market Size (2020-2031)

9.2 Latin America Static Synchronous Compensator (STATCOM) Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025)

9.4 Latin America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size (2020-2031)

10.2 Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025)

10.4 Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Hitachi

11.1.1 Hitachi Company Details

11.1.2 Hitachi Business Overview

11.1.3 Hitachi Static Synchronous Compensator (STATCOM) Solution Introduction

11.1.4 Hitachi Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.1.5 Hitachi Recent Development

11.2 GE

11.2.1 GE Company Details

11.2.2 GE Business Overview

11.2.3 GE Static Synchronous Compensator (STATCOM) Solution Introduction

11.2.4 GE Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.2.5 GE Recent Development

11.3 Siemens

11.3.1 Siemens Company Details

11.3.2 Siemens Business Overview

11.3.3 Siemens Static Synchronous Compensator (STATCOM) Solution Introduction

11.3.4 Siemens Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.3.5 Siemens Recent Development

11.4 Mitsubishi Electric

11.4.1 Mitsubishi Electric Company Details

11.4.2 Mitsubishi Electric Business Overview

11.4.3 Mitsubishi Electric Static Synchronous Compensator (STATCOM) Solution Introduction

11.4.4 Mitsubishi Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.4.5 Mitsubishi Electric Recent Development

11.5 NR Electric

11.5.1 NR Electric Company Details

11.5.2 NR Electric Business Overview

11.5.3 NR Electric Static Synchronous Compensator (STATCOM) Solution Introduction

11.5.4 NR Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.5.5 NR Electric Recent Development

11.6 Ingeteam

11.6.1 Ingeteam Company Details

11.6.2 Ingeteam Business Overview

11.6.3 Ingeteam Static Synchronous Compensator (STATCOM) Solution Introduction

11.6.4 Ingeteam Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.6.5 Ingeteam Recent Development

11.7 AMSC

11.7.1 AMSC Company Details

11.7.2 AMSC Business Overview

11.7.3 AMSC Static Synchronous Compensator (STATCOM) Solution Introduction

11.7.4 AMSC Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.7.5 AMSC Recent Development

11.8 Hopewind

11.8.1 Hopewind Company Details

11.8.2 Hopewind Business Overview

11.8.3 Hopewind Static Synchronous Compensator (STATCOM) Solution Introduction

11.8.4 Hopewind Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.8.5 Hopewind Recent Development

11.9 Anhui Zhongdian Electric

11.9.1 Anhui Zhongdian Electric Company Details

11.9.2 Anhui Zhongdian Electric Business Overview

11.9.3 Anhui Zhongdian Electric Static Synchronous Compensator (STATCOM) Solution Introduction

11.9.4 Anhui Zhongdian Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.9.5 Anhui Zhongdian Electric Recent Development

11.10 Diram

11.10.1 Diram Company Details

11.10.2 Diram Business Overview

11.10.3 Diram Static Synchronous Compensator (STATCOM) Solution Introduction

11.10.4 Diram Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.10.5 Diram Recent Development

11.11 Hilkar

11.11.1 Hilkar Company Details

11.11.2 Hilkar Business Overview

11.11.3 Hilkar Static Synchronous Compensator (STATCOM) Solution Introduction

11.11.4 Hilkar Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.11.5 Hilkar Recent Development

11.12 Merus

11.12.1 Merus Company Details

11.12.2 Merus Business Overview

11.12.3 Merus Static Synchronous Compensator (STATCOM) Solution Introduction

11.12.4 Merus Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.12.5 Merus Recent Development

11.13 SIFANG

11.13.1 SIFANG Company Details

11.13.2 SIFANG Business Overview

11.13.3 SIFANG Static Synchronous Compensator (STATCOM) Solution Introduction

11.13.4 SIFANG Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.13.5 SIFANG Recent Development

11.14 ABB

11.14.1 ABB Company Details

11.14.2 ABB Business Overview

11.14.3 ABB Static Synchronous Compensator (STATCOM) Solution Introduction

11.14.4 ABB Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.14.5 ABB Recent Development

11.15 Endoks

11.15.1 Endoks Company Details

11.15.2 Endoks Business Overview

11.15.3 Endoks Static Synchronous Compensator (STATCOM) Solution Introduction

11.15.4 Endoks Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.15.5 Endoks Recent Development

11.16 Strong Power

11.16.1 Strong Power Company Details

11.16.2 Strong Power Business Overview

11.16.3 Strong Power Static Synchronous Compensator (STATCOM) Solution Introduction

11.16.4 Strong Power Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.16.5 Strong Power Recent Development

11.17 RXHK

11.17.1 RXHK Company Details

11.17.2 RXHK Business Overview

11.17.3 RXHK Static Synchronous Compensator (STATCOM) Solution Introduction

11.17.4 RXHK Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

11.17.5 RXHK Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Anhui Zhongdian Electric

List of Tables

Table 1. Global Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of 0 MVAr to 50 MVAr

Table 3. Key Players of 50 MVAr to 150 MVAr

Table 4. Key Players of 150 MVAr to 300 MVAr

Table 5. Key Players of More than 300 MVAr

Table 6. Global Static Synchronous Compensator (STATCOM) Solution Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Static Synchronous Compensator (STATCOM) Solution Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 8. Global Static Synchronous Compensator (STATCOM) Solution Market Size by Region (2020-2025) & (US$ Million)

Table 9. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Region (2020-2025)

Table 10. Global Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 11. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Region (2026-2031)

Table 12. Static Synchronous Compensator (STATCOM) Solution Market Trends

Table 13. Static Synchronous Compensator (STATCOM) Solution Market Drivers

Table 14. Static Synchronous Compensator (STATCOM) Solution Market Challenges

Table 15. Static Synchronous Compensator (STATCOM) Solution Market Restraints

Table 16. Global Static Synchronous Compensator (STATCOM) Solution Revenue by Players (2020-2025) & (US$ Million)

Table 17. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Players (2020-2025)

Table 18. Global Top Static Synchronous Compensator (STATCOM) Solution Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Static Synchronous Compensator (STATCOM) Solution as of 2024)

Table 19. Ranking of Global Top Static Synchronous Compensator (STATCOM) Solution Companies by Revenue (US$ Million) in 2024

Table 20. Global 5 Largest Players Market Share by Static Synchronous Compensator (STATCOM) Solution Revenue (CR5 and HHI) & (2020-2025)

Table 21. Global Key Players of Static Synchronous Compensator (STATCOM) Solution, Headquarters and Area Served

Table 22. Global Key Players of Static Synchronous Compensator (STATCOM) Solution, Product and Application

Table 23. Global Key Players of Static Synchronous Compensator (STATCOM) Solution, Date of Enter into This Industry

Table 24. Mergers & Acquisitions, Expansion Plans

Table 25. Global Static Synchronous Compensator (STATCOM) Solution Market Size by Type (2020-2025) & (US$ Million)

Table 26. Global Static Synchronous Compensator (STATCOM) Solution Revenue Market Share by Type (2020-2025)

Table 27. Global Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 28. Global Static Synchronous Compensator (STATCOM) Solution Revenue Market Share by Type (2026-2031)

Table 29. Global Static Synchronous Compensator (STATCOM) Solution Market Size by Application (2020-2025) & (US$ Million)

Table 30. Global Static Synchronous Compensator (STATCOM) Solution Revenue Market Share by Application (2020-2025)

Table 31. Global Static Synchronous Compensator (STATCOM) Solution Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 32. Global Static Synchronous Compensator (STATCOM) Solution Revenue Market Share by Application (2026-2031)

Table 33. North America Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 34. North America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025) & (US$ Million)

Table 35. North America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031) & (US$ Million)

Table 36. Europe Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 37. Europe Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025) & (US$ Million)

Table 38. Europe Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031) & (US$ Million)

Table 39. Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 40. Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size by Region (2020-2025) & (US$ Million)

Table 41. Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size by Region (2026-2031) & (US$ Million)

Table 42. Latin America Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 43. Latin America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025) & (US$ Million)

Table 44. Latin America Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031) & (US$ Million)

Table 45. Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 46. Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2020-2025) & (US$ Million)

Table 47. Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size by Country (2026-2031) & (US$ Million)

Table 48. Hitachi Company Details

Table 49. Hitachi Business Overview

Table 50. Hitachi Static Synchronous Compensator (STATCOM) Solution Product

Table 51. Hitachi Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 52. Hitachi Recent Development

Table 53. GE Company Details

Table 54. GE Business Overview

Table 55. GE Static Synchronous Compensator (STATCOM) Solution Product

Table 56. GE Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 57. GE Recent Development

Table 58. Siemens Company Details

Table 59. Siemens Business Overview

Table 60. Siemens Static Synchronous Compensator (STATCOM) Solution Product

Table 61. Siemens Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 62. Siemens Recent Development

Table 63. Mitsubishi Electric Company Details

Table 64. Mitsubishi Electric Business Overview

Table 65. Mitsubishi Electric Static Synchronous Compensator (STATCOM) Solution Product

Table 66. Mitsubishi Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 67. Mitsubishi Electric Recent Development

Table 68. NR Electric Company Details

Table 69. NR Electric Business Overview

Table 70. NR Electric Static Synchronous Compensator (STATCOM) Solution Product

Table 71. NR Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 72. NR Electric Recent Development

Table 73. Ingeteam Company Details

Table 74. Ingeteam Business Overview

Table 75. Ingeteam Static Synchronous Compensator (STATCOM) Solution Product

Table 76. Ingeteam Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 77. Ingeteam Recent Development

Table 78. AMSC Company Details

Table 79. AMSC Business Overview

Table 80. AMSC Static Synchronous Compensator (STATCOM) Solution Product

Table 81. AMSC Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 82. AMSC Recent Development

Table 83. Hopewind Company Details

Table 84. Hopewind Business Overview

Table 85. Hopewind Static Synchronous Compensator (STATCOM) Solution Product

Table 86. Hopewind Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 87. Hopewind Recent Development

Table 88. Anhui Zhongdian Electric Company Details

Table 89. Anhui Zhongdian Electric Business Overview

Table 90. Anhui Zhongdian Electric Static Synchronous Compensator (STATCOM) Solution Product

Table 91. Anhui Zhongdian Electric Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 92. Anhui Zhongdian Electric Recent Development

Table 93. Diram Company Details

Table 94. Diram Business Overview

Table 95. Diram Static Synchronous Compensator (STATCOM) Solution Product

Table 96. Diram Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 97. Diram Recent Development

Table 98. Hilkar Company Details

Table 99. Hilkar Business Overview

Table 100. Hilkar Static Synchronous Compensator (STATCOM) Solution Product

Table 101. Hilkar Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 102. Hilkar Recent Development

Table 103. Merus Company Details

Table 104. Merus Business Overview

Table 105. Merus Static Synchronous Compensator (STATCOM) Solution Product

Table 106. Merus Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 107. Merus Recent Development

Table 108. SIFANG Company Details

Table 109. SIFANG Business Overview

Table 110. SIFANG Static Synchronous Compensator (STATCOM) Solution Product

Table 111. SIFANG Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 112. SIFANG Recent Development

Table 113. ABB Company Details

Table 114. ABB Business Overview

Table 115. ABB Static Synchronous Compensator (STATCOM) Solution Product

Table 116. ABB Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 117. ABB Recent Development

Table 118. Endoks Company Details

Table 119. Endoks Business Overview

Table 120. Endoks Static Synchronous Compensator (STATCOM) Solution Product

Table 121. Endoks Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 122. Endoks Recent Development

Table 123. Strong Power Company Details

Table 124. Strong Power Business Overview

Table 125. Strong Power Static Synchronous Compensator (STATCOM) Solution Product

Table 126. Strong Power Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 127. Strong Power Recent Development

Table 128. RXHK Company Details

Table 129. RXHK Business Overview

Table 130. RXHK Static Synchronous Compensator (STATCOM) Solution Product

Table 131. RXHK Revenue in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025) & (US$ Million)

Table 132. RXHK Recent Development

Table 133. Research Programs/Design for This Report

Table 134. Key Data Information from Secondary Sources

Table 135. Key Data Information from Primary Sources

Table 136. Authors List of This Report

List of Figures

Figure 1. Static Synchronous Compensator (STATCOM) Solution Picture

Figure 2. Global Static Synchronous Compensator (STATCOM) Solution Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Type: 2024 VS 2031

Figure 4. 0 MVAr to 50 MVAr Features

Figure 5. 50 MVAr to 150 MVAr Features

Figure 6. 150 MVAr to 300 MVAr Features

Figure 7. More than 300 MVAr Features

Figure 8. Global Static Synchronous Compensator (STATCOM) Solution Market Size by Application (2020-2031) & (US$ Million)

Figure 9. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Application: 2024 VS 2031

Figure 10. Utilities & TSOs Case Studies

Figure 11. Steel Case Studies

Figure 12. Renewable Case Studies

Figure 13. Others Case Studies

Figure 14. Static Synchronous Compensator (STATCOM) Solution Report Years Considered

Figure 15. Global Static Synchronous Compensator (STATCOM) Solution Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 16. Global Static Synchronous Compensator (STATCOM) Solution Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 17. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Region: 2024 VS 2031

Figure 18. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Players in 2024

Figure 19. Global Static Synchronous Compensator (STATCOM) Solution Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 20. The Top 10 and 5 Players Market Share by Static Synchronous Compensator (STATCOM) Solution Revenue in 2024

Figure 21. North America Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. North America Static Synchronous Compensator (STATCOM) Solution Market Share by Country (2020-2031)

Figure 23. United States Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Canada Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. Europe Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Europe Static Synchronous Compensator (STATCOM) Solution Market Share by Country (2020-2031)

Figure 27. Germany Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. France Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. U.K. Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Italy Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Russia Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Nordic Countries Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Asia-Pacific Static Synchronous Compensator (STATCOM) Solution Market Share by Region (2020-2031)

Figure 35. China Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Japan Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. South Korea Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Southeast Asia Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. India Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Australia Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Latin America Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Latin America Static Synchronous Compensator (STATCOM) Solution Market Share by Country (2020-2031)

Figure 43. Mexico Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Brazil Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Middle East & Africa Static Synchronous Compensator (STATCOM) Solution Market Share by Country (2020-2031)

Figure 47. Turkey Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. Saudi Arabia Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 49. UAE Static Synchronous Compensator (STATCOM) Solution Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. Hitachi Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 51. GE Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 52. Siemens Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 53. Mitsubishi Electric Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 54. NR Electric Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 55. Ingeteam Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 56. AMSC Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 57. Hopewind Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 58. Anhui Zhongdian Electric Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 59. Diram Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 60. Hilkar Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 61. Merus Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 62. SIFANG Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 63. ABB Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 64. Endoks Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 65. Strong Power Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

Figure 66. RXHK Revenue Growth Rate in Static Synchronous Compensator (STATCOM) Solution Business (2020-2025)

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

Figure 68. Data Triangulation

Figure 69. Key Executives Interviewed

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Global Static Synchronous Compensator (STATCOM) Solution Market Research Report 2025

Published Date: April 2025

Report Code: QYRE-Auto-36B19091

Global Static Synchronous Compensator (STATCOM) Solution Market Research Report 2025

FEATURED COMPANIES

Static Synchronous Compensator (STATCOM) Solution Market Size

Static Synchronous Compensator (STATCOM) Solution Market

Scope of Static Synchronous Compensator (STATCOM) Solution Market Report

Chapter Outline

FAQ for this report

How fast is Static Synchronous Compensator (STATCOM) Solution Market growing?

What is the Static Synchronous Compensator (STATCOM) Solution Market size in 2031?

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What are the Application segmentation covered in the Static Synchronous Compensator (STATCOM) Solution Market report?

What are the Type segmentation covered in the Static Synchronous Compensator (STATCOM) Solution Market report?

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