The global Static Var Compensator and Static Var Generator market size was US$ 1565 million in 2024 and is forecast to a readjusted size of US$ 2149 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.
A static VAR compensator is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear).
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
Global Static Var Compensator and Static Var Generator key players include ABB, Siemens, Rongxin Power Electronic, Sieyuan Electric, etc. Global top four manufacturers hold a share about 50%.
China is the largest market, with a share over 35%, followed by United States and Europe, both have a share over 30 percent.
In terms of product, SVG is the largest segment, with a share over 60%. And in terms of application, the largest application is Electric Utilities, followed by Renewable Energy, Industrial & Manufacturing, etc.
The global Static Var Compensator and Static Var Generator market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
麻豆原创 Segmentation
By Company:
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys AB
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
By Type: (Dominant Segment vs High-Margin Innovation)
Static Var Compensator
Static Var Generator
By Application: (Core Demand Driver vs Emerging Opportunity)
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Other
By Region
Macro-Regional Analysis: 麻豆原创 Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local 麻豆原创 Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ABB in Europe)
- Emerging Product Trends: Static Var Compensator adoption vs. Static Var Generator premiumization
- Demand-Side Dynamics: Renewable Energy growth in China vs. Electric Utilities potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus 麻豆原创s:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Static Var Compensator and Static Var Generator market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis 鈥� Uncovering blue ocean markets (e.g., Static Var Generator in China).
Chapter 5: Application-based segmentation analysis 鈥� High-growth downstream opportunities (e.g., Electric Utilities in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles 鈥� Financials, product portfolios, and strategic developments.
Chapter 8: 麻豆原创 dynamics 鈥� Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Static Var Compensator and Static Var Generator value chain, addressing:
- 麻豆原创 entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 麻豆原创 Overview
1.1 Static Var Compensator and Static Var Generator Product Scope
1.2 Static Var Compensator and Static Var Generator by Type
1.2.1 Global Static Var Compensator and Static Var Generator Sales by Type (2020 & 2024 & 2031)
1.2.2 Static Var Compensator
1.2.3 Static Var Generator
1.3 Static Var Compensator and Static Var Generator by Application
1.3.1 Global Static Var Compensator and Static Var Generator Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Renewable Energy
1.3.3 Electric Utilities
1.3.4 Industrial & Manufacturing
1.3.5 Other
1.4 Global Static Var Compensator and Static Var Generator 麻豆原创 Estimates and Forecasts (2020-2031)
1.4.1 Global Static Var Compensator and Static Var Generator 麻豆原创 Size in Value Growth Rate (2020-2031)
1.4.2 Global Static Var Compensator and Static Var Generator 麻豆原创 Size in Volume Growth Rate (2020-2031)
1.4.3 Global Static Var Compensator and Static Var Generator Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 麻豆原创 Size and Prospective by Region
2.1 Global Static Var Compensator and Static Var Generator 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2 Global Static Var Compensator and Static Var Generator Retrospective 麻豆原创 Scenario by Region (2020-2025)
2.2.1 Global Static Var Compensator and Static Var Generator Sales 麻豆原创 Share by Region (2020-2025)
2.2.2 Global Static Var Compensator and Static Var Generator Revenue 麻豆原创 Share by Region (2020-2025)
2.3 Global Static Var Compensator and Static Var Generator 麻豆原创 Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Static Var Compensator and Static Var Generator Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Static Var Compensator and Static Var Generator Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging 麻豆原创 Analysis
2.4.1 North America Static Var Compensator and Static Var Generator 麻豆原创 Size and Prospective (2020-2031)
2.4.2 Europe Static Var Compensator and Static Var Generator 麻豆原创 Size and Prospective (2020-2031)
2.4.3 China Static Var Compensator and Static Var Generator 麻豆原创 Size and Prospective (2020-2031)
2.4.4 Japan Static Var Compensator and Static Var Generator 麻豆原创 Size and Prospective (2020-2031)
3 Global 麻豆原创 Size by Type
3.1 Global Static Var Compensator and Static Var Generator Historic 麻豆原创 Review by Type (2020-2025)
3.1.1 Global Static Var Compensator and Static Var Generator Sales by Type (2020-2025)
3.1.2 Global Static Var Compensator and Static Var Generator Revenue by Type (2020-2025)
3.1.3 Global Static Var Compensator and Static Var Generator Price by Type (2020-2025)
3.2 Global Static Var Compensator and Static Var Generator 麻豆原创 Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Static Var Compensator and Static Var Generator Sales Forecast by Type (2026-2031)
3.2.2 Global Static Var Compensator and Static Var Generator Revenue Forecast by Type (2026-2031)
3.2.3 Global Static Var Compensator and Static Var Generator Price Forecast by Type (2026-2031)
3.3 Different Types Static Var Compensator and Static Var Generator Representative Players
4 Global 麻豆原创 Size by Application
4.1 Global Static Var Compensator and Static Var Generator Historic 麻豆原创 Review by Application (2020-2025)
4.1.1 Global Static Var Compensator and Static Var Generator Sales by Application (2020-2025)
4.1.2 Global Static Var Compensator and Static Var Generator Revenue by Application (2020-2025)
4.1.3 Global Static Var Compensator and Static Var Generator Price by Application (2020-2025)
4.2 Global Static Var Compensator and Static Var Generator 麻豆原创 Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Static Var Compensator and Static Var Generator Sales Forecast by Application (2026-2031)
4.2.2 Global Static Var Compensator and Static Var Generator Revenue Forecast by Application (2026-2031)
4.2.3 Global Static Var Compensator and Static Var Generator Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Static Var Compensator and Static Var Generator Application
5 Competition Landscape by Players
5.1 Global Static Var Compensator and Static Var Generator Sales by Players (2020-2025)
5.2 Global Top Static Var Compensator and Static Var Generator Players by Revenue (2020-2025)
5.3 Global Static Var Compensator and Static Var Generator 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Static Var Compensator and Static Var Generator as of 2024)
5.4 Global Static Var Compensator and Static Var Generator Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Static Var Compensator and Static Var Generator, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Static Var Compensator and Static Var Generator, Product Type & Application
5.7 Global Key Manufacturers of Static Var Compensator and Static Var Generator, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America 麻豆原创: Players, Segments, Downstream and Major Customers
6.1.1 North America Static Var Compensator and Static Var Generator Sales by Company
6.1.1.1 North America Static Var Compensator and Static Var Generator Sales by Company (2020-2025)
6.1.1.2 North America Static Var Compensator and Static Var Generator Revenue by Company (2020-2025)
6.1.2 North America Static Var Compensator and Static Var Generator Sales Breakdown by Type (2020-2025)
6.1.3 North America Static Var Compensator and Static Var Generator Sales Breakdown by Application (2020-2025)
6.1.4 North America Static Var Compensator and Static Var Generator Major Customer
6.1.5 North America 麻豆原创 Trend and Opportunities
6.2 Europe 麻豆原创: Players, Segments, Downstream and Major Customers
6.2.1 Europe Static Var Compensator and Static Var Generator Sales by Company
6.2.1.1 Europe Static Var Compensator and Static Var Generator Sales by Company (2020-2025)
6.2.1.2 Europe Static Var Compensator and Static Var Generator Revenue by Company (2020-2025)
6.2.2 Europe Static Var Compensator and Static Var Generator Sales Breakdown by Type (2020-2025)
6.2.3 Europe Static Var Compensator and Static Var Generator Sales Breakdown by Application (2020-2025)
6.2.4 Europe Static Var Compensator and Static Var Generator Major Customer
6.2.5 Europe 麻豆原创 Trend and Opportunities
6.3 China 麻豆原创: Players, Segments, Downstream and Major Customers
6.3.1 China Static Var Compensator and Static Var Generator Sales by Company
6.3.1.1 China Static Var Compensator and Static Var Generator Sales by Company (2020-2025)
6.3.1.2 China Static Var Compensator and Static Var Generator Revenue by Company (2020-2025)
6.3.2 China Static Var Compensator and Static Var Generator Sales Breakdown by Type (2020-2025)
6.3.3 China Static Var Compensator and Static Var Generator Sales Breakdown by Application (2020-2025)
6.3.4 China Static Var Compensator and Static Var Generator Major Customer
6.3.5 China 麻豆原创 Trend and Opportunities
6.4 Japan 麻豆原创: Players, Segments, Downstream and Major Customers
6.4.1 Japan Static Var Compensator and Static Var Generator Sales by Company
6.4.1.1 Japan Static Var Compensator and Static Var Generator Sales by Company (2020-2025)
6.4.1.2 Japan Static Var Compensator and Static Var Generator Revenue by Company (2020-2025)
6.4.2 Japan Static Var Compensator and Static Var Generator Sales Breakdown by Type (2020-2025)
6.4.3 Japan Static Var Compensator and Static Var Generator Sales Breakdown by Application (2020-2025)
6.4.4 Japan Static Var Compensator and Static Var Generator Major Customer
6.4.5 Japan 麻豆原创 Trend and Opportunities
7 Company Profiles and Key Figures
7.1 ABB
7.1.1 ABB Company Information
7.1.2 ABB Business Overview
7.1.3 ABB Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.1.4 ABB Static Var Compensator and Static Var Generator Products Offered
7.1.5 ABB Recent Development
7.2 Siemens
7.2.1 Siemens Company Information
7.2.2 Siemens Business Overview
7.2.3 Siemens Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Siemens Static Var Compensator and Static Var Generator Products Offered
7.2.5 Siemens Recent Development
7.3 Rongxin Power Electronic
7.3.1 Rongxin Power Electronic Company Information
7.3.2 Rongxin Power Electronic Business Overview
7.3.3 Rongxin Power Electronic Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Rongxin Power Electronic Static Var Compensator and Static Var Generator Products Offered
7.3.5 Rongxin Power Electronic Recent Development
7.4 Sieyuan Electric
7.4.1 Sieyuan Electric Company Information
7.4.2 Sieyuan Electric Business Overview
7.4.3 Sieyuan Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Sieyuan Electric Static Var Compensator and Static Var Generator Products Offered
7.4.5 Sieyuan Electric Recent Development
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Company Information
7.5.2 Mitsubishi Electric Business Overview
7.5.3 Mitsubishi Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Mitsubishi Electric Static Var Compensator and Static Var Generator Products Offered
7.5.5 Mitsubishi Electric Recent Development
7.6 Hitachi
7.6.1 Hitachi Company Information
7.6.2 Hitachi Business Overview
7.6.3 Hitachi Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Hitachi Static Var Compensator and Static Var Generator Products Offered
7.6.5 Hitachi Recent Development
7.7 Toshiba
7.7.1 Toshiba Company Information
7.7.2 Toshiba Business Overview
7.7.3 Toshiba Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Toshiba Static Var Compensator and Static Var Generator Products Offered
7.7.5 Toshiba Recent Development
7.8 S&C Electric
7.8.1 S&C Electric Company Information
7.8.2 S&C Electric Business Overview
7.8.3 S&C Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.8.4 S&C Electric Static Var Compensator and Static Var Generator Products Offered
7.8.5 S&C Electric Recent Development
7.9 GE
7.9.1 GE Company Information
7.9.2 GE Business Overview
7.9.3 GE Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.9.4 GE Static Var Compensator and Static Var Generator Products Offered
7.9.5 GE Recent Development
7.10 Hangzhou Yinhu Electric
7.10.1 Hangzhou Yinhu Electric Company Information
7.10.2 Hangzhou Yinhu Electric Business Overview
7.10.3 Hangzhou Yinhu Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Hangzhou Yinhu Electric Static Var Compensator and Static Var Generator Products Offered
7.10.5 Hangzhou Yinhu Electric Recent Development
7.11 AMSC
7.11.1 AMSC Company Information
7.11.2 AMSC Business Overview
7.11.3 AMSC Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.11.4 AMSC Static Var Compensator and Static Var Generator Products Offered
7.11.5 AMSC Recent Development
7.12 Xian XD Power
7.12.1 Xian XD Power Company Information
7.12.2 Xian XD Power Business Overview
7.12.3 Xian XD Power Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Xian XD Power Static Var Compensator and Static Var Generator Products Offered
7.12.5 Xian XD Power Recent Development
7.13 Weihan
7.13.1 Weihan Company Information
7.13.2 Weihan Business Overview
7.13.3 Weihan Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Weihan Static Var Compensator and Static Var Generator Products Offered
7.13.5 Weihan Recent Development
7.14 Ingeteam
7.14.1 Ingeteam Company Information
7.14.2 Ingeteam Business Overview
7.14.3 Ingeteam Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Ingeteam Static Var Compensator and Static Var Generator Products Offered
7.14.5 Ingeteam Recent Development
7.15 Hengshun Zhongsheng
7.15.1 Hengshun Zhongsheng Company Information
7.15.2 Hengshun Zhongsheng Business Overview
7.15.3 Hengshun Zhongsheng Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Hengshun Zhongsheng Static Var Compensator and Static Var Generator Products Offered
7.15.5 Hengshun Zhongsheng Recent Development
7.16 Sinexcel
7.16.1 Sinexcel Company Information
7.16.2 Sinexcel Business Overview
7.16.3 Sinexcel Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Sinexcel Static Var Compensator and Static Var Generator Products Offered
7.16.5 Sinexcel Recent Development
7.17 Merus Power
7.17.1 Merus Power Company Information
7.17.2 Merus Power Business Overview
7.17.3 Merus Power Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Merus Power Static Var Compensator and Static Var Generator Products Offered
7.17.5 Merus Power Recent Development
7.18 Baoding Sifang Sanyi Electric
7.18.1 Baoding Sifang Sanyi Electric Company Information
7.18.2 Baoding Sifang Sanyi Electric Business Overview
7.18.3 Baoding Sifang Sanyi Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.18.4 Baoding Sifang Sanyi Electric Static Var Compensator and Static Var Generator Products Offered
7.18.5 Baoding Sifang Sanyi Electric Recent Development
7.19 Xuji Group Corporation
7.19.1 Xuji Group Corporation Company Information
7.19.2 Xuji Group Corporation Business Overview
7.19.3 Xuji Group Corporation Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.19.4 Xuji Group Corporation Static Var Compensator and Static Var Generator Products Offered
7.19.5 Xuji Group Corporation Recent Development
7.20 Zhiguang Electric
7.20.1 Zhiguang Electric Company Information
7.20.2 Zhiguang Electric Business Overview
7.20.3 Zhiguang Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.20.4 Zhiguang Electric Static Var Compensator and Static Var Generator Products Offered
7.20.5 Zhiguang Electric Recent Development
7.21 Comsys AB
7.21.1 Comsys AB Company Information
7.21.2 Comsys AB Business Overview
7.21.3 Comsys AB Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.21.4 Comsys AB Static Var Compensator and Static Var Generator Products Offered
7.21.5 Comsys AB Recent Development
7.22 Beijing In-power Electric Co., Ltd
7.22.1 Beijing In-power Electric Co., Ltd Company Information
7.22.2 Beijing In-power Electric Co., Ltd Business Overview
7.22.3 Beijing In-power Electric Co., Ltd Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.22.4 Beijing In-power Electric Co., Ltd Static Var Compensator and Static Var Generator Products Offered
7.22.5 Beijing In-power Electric Co., Ltd Recent Development
7.23 Surpass Sun Electric
7.23.1 Surpass Sun Electric Company Information
7.23.2 Surpass Sun Electric Business Overview
7.23.3 Surpass Sun Electric Static Var Compensator and Static Var Generator Sales, Revenue and Gross Margin (2020-2025)
7.23.4 Surpass Sun Electric Static Var Compensator and Static Var Generator Products Offered
7.23.5 Surpass Sun Electric Recent Development
8 Static Var Compensator and Static Var Generator Manufacturing Cost Analysis
8.1 Static Var Compensator and Static Var Generator Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Static Var Compensator and Static Var Generator
8.4 Static Var Compensator and Static Var Generator Industrial Chain Analysis
9 麻豆原创ing Channel, Distributors and Customers
9.1 麻豆原创ing Channel
9.2 Static Var Compensator and Static Var Generator Distributors List
9.3 Static Var Compensator and Static Var Generator Customers
10 Static Var Compensator and Static Var Generator 麻豆原创 Dynamics
10.1 Static Var Compensator and Static Var Generator Industry Trends
10.2 Static Var Compensator and Static Var Generator 麻豆原创 Drivers
10.3 Static Var Compensator and Static Var Generator 麻豆原创 Challenges
10.4 Static Var Compensator and Static Var Generator 麻豆原创 Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 麻豆原创 Size Estimation
12.1.1.3 麻豆原创 Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
ABB
Siemens
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
GE
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
Ingeteam
Hengshun Zhongsheng
Sinexcel
Merus Power
Baoding Sifang Sanyi Electric
Xuji Group Corporation
Zhiguang Electric
Comsys AB
Beijing In-power Electric Co., Ltd
Surpass Sun Electric
听
听
*If Applicable.