Synchronous Condenser Market worth $811 Million by 2030
The global Synchronous Condenser Market is
projected to grow from USD 661 million in 2022 to USD 811 million by 2030, at a
CAGR of 2.6% according to a new report by MarketsandMarkets™. Synchronous
condensers ensure a stable supply to the transmission grid. They can also
supply and absorb reactive power and deliver voltage support and dynamic
regulation. In addition, many renewable resources are...
Synchronous Condenser Market Projected to Reach $574.0 Million by 2025
The global Synchronous
Condenser Market is expected to grow from an estimated USD 508.4 million in
2020 to USD 574.0 million by 2025, at a CAGR of 2.5% during the forecast period.
Long service life, growth of the renewable energy sector, and an increasing
need for power factor correction are driving the growth of the global industry.
Existing and planned upgrades and expansion of High-Voltage Direct...
Synchronous Condenser Market Size to Reach $574.0 Million by 2025
The global Synchronous
Condenser Market is projected to reach USD 574.0 million by 2025 from an
estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast
period. Long service life, growth of the renewable energy sector, and an
increasing need for power factor correction are driving the growth of the
global industry. Existing and planned upgrades and expansion of High-Voltage
Direct...
Excitation Systems Market expected to Grow $3.4 Billion by 2026
According to the new market research report
“Excitation Systems Market by Type (Static and Brushless), Controller
Type (Analog and Digital), Application (Synchronous Generators and Synchronous
Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the Excitation Systems Market is expected to grow...
Synchronous Condenser Market to be $574.0 Million by 2025
According to the new market research report “Synchronous Condenser Market by Cooling Type (Hydrogen, Air, Water), Type (New & Refurbished), Starting Method (Static Frequency Converter, Pony Motor), End User (Electrical Utilities & Industries), Reactive Power Rating, and Region-Global Forecast to 2025 “, published by MarketsandMarkets™, the global Synchronous Condenser Market...
Excitation Systems Market Projected to reach $3.12 Billion by 2023
The global excitation systems market is expected to grow from an estimated USD 2.64
Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 3.38% from 2018 to
2023. Rising demand for synchronous machines in end-use applications such as
hydro as well as thermal power plants is expected to drive the global
excitation systems market during the forecast period. Furthermore, the ability
of excitation...