Europe Synchronous Condenser Market - Industry Trends and Forecast to 2033

Description

List of Tables

Europe synchronous condenser market is expected to reach USD 1,104,634.83 Thousand by 2031 from USD 797,741.90 Thousand in 2023 with a CAGR of 4.2% in the forecast period from 2024 to 2031. The new market report contains data for the historic year 2022, the base year of calculation is 2022, and the forecast period is 2024 to 2031.

Market Segmentation

Europe synchronous condenser market, By Cooling Technology (Hydrogen Cooled Synchronous Condenser, Air-Cooled Synchronous Condenser, and Water Cooled Synchronous Condenser), Starting Method (Static Frequency Convertor, Pony Motor, and Others), Reactive Power ( Above 200 MVAR, 101-200 MVAR, 61-100 MVAR, 31-60 MVAR, and 0-30 MVAR), End-User (Electrical Utilities and Industrial Sectors), Insulation Type (New Synchronous Condenser and Refurbished Synchronous Condenser), No. of Poles ( 4 to 8, Less Than 4, and More Than 8), Design (Salient Pole Design and Cylindrical Rotor Design), Excitation System (Static Excitation and Brushless Excitation System), Country (France, Germany, U.K., Italy, Spain, Sweden, Switzerland, Netherlands, Belgium, Russia, Denmark, Turkey, Poland, Norway, Finland, and Rest of Europe) - Industry Trends and Forecast to 2031

Overview of Europe Synchronous Condenser Market Dynamics

Driver
Rising demand for safe and secure electrical grid systems
Restraint
Stringent standards related to synchronous condenser
Opportunity
Rising government initiatives to reduce air pollution

Market Players

Some of the major players operating in the Europe synchronous condenser market are:

Doosan Skoda Power
General Electric
Eaton
ABB
Ansaldo Energia
WEG
Siemens Energy
IDEAL ELECTRIC POWER CO
ANDRITZ
Mitsubishi Electric Power Products, Inc.
Power Systems & Controls, Inc.
Baker Hughes Company
Shanghai Electric
INGETEAM, S.A.
Hitachi Energy Ltd.

1 INTRODUCTION 29

1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 OVERVIEW OF THE EUROPE SYNCHRONOUS CONDENSER MARKET 30
1.4 CURRENCY AND PRICING 32
1.5 LIMITATIONS 32
1.6 MARKETS COVERED 32

2 MARKET SEGMENTATION 35

2.1 MARKETS COVERED 35
2.2 YEARS CONSIDERED FOR THE STUDY 36
2.3 GEOGRAPHIC SCOPE 37
2.4 DBMR TRIPOD DATA VALIDATION MODEL 38
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 41
2.6 DBMR MARKET POSITION GRID 42
2.7 MULTIVARIATE MODELLING 43
2.8 COOLING TECHNOLOGY CURVE 44
2.9 MARKET END-USER COVERAGE GRID 45
2.10 SECONDARY SOURCES 46
2.11 ASSUMPTIONS 46

3 EXECUTIVE SUMMARY 47

4 PREMIUM INSIGHTS 52

4.1 FLYWHEEL ROLE IN SYNCHRONOUS CONDENSER SYSTEMS 53
4.2 COMPLEMENTARY TECHNOLOGIES 56

5 MARKET OVERVIEW 58

5.1 DRIVERS 60
- 5.1.1 INCREASING DEMAND FOR CLEAN ENERGY SOURCES 60
- 5.1.2 GROWING NEED FOR INTEGRATED SYSTEMS IN POWER PLANTS 62
- 5.1.3 RISING DEMAND FOR SAFE AND SECURE ELECTRICAL GRID SYSTEMS 64
- 5.1.4 EXPANSION OF HVDC NETWORK ACROSS THE WORLD 66
5.2 RESTRAINTS 67
- 5.2.1 HIGHER PRICES ASSOCIATED WITH CAPITAL AND MAINTENANCE 67
- 5.2.2 STRINGENT STANDARDS RELATED TO SYNCHRONOUS CONDENSER 68
- 5.2.3 HIGHER PRICE VOLATILITY OF RAW MATERIALS 69
5.3 OPPORTUNITIES 71
- 5.3.1 RISING GOVERNMENT INITIATIVES TO REDUCE AIR POLLUTION 71
- 5.3.2 UPSURGE IN DECOMMISSIONING OF AGING AND CONVENTIONAL POWER GENERATION SOURCES 72
- 5.3.3 INCREASE IN INVESTMENTS IN R&D TO DEVELOP EFFICIENT SYNCHRONOUS CONDENSER 73
5.4 CHALLENGES 75
- 5.4.1 AVAILABILITY OF LOW-COST SUBSTITUTES 75
- 5.4.2 INVOLVEMENT IN SOPHISTICATED AND TIME-CONSUMING INSTALLATION PROCESS 76

6 EUROPE SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY 78

6.1 OVERVIEW 79
6.2 HYDROGEN COOLED SYNCHRONOUS CONDENSER 80
6.3 AIR-COOLED SYNCHRONOUS CONDENSER 81
6.4 WATER COOLED SYNCHRONOUS CONDENSER 81

7 EUROPE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD 82

7.1 OVERVIEW 83
7.2 STATIC FREQUENCY CONVERTOR 84
7.3 PONY MOTOR 85
7.4 OTHERS 85

8 EUROPE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING 86

8.1 OVERVIEW 87
8.2 ABOVE 200 MVAR 88
8.3 101-200 MVAR 89
8.4 61-100 MVAR 89
8.5 31-60 MVAR 90
8.6 0-30 MVAR 90

9 EUROPE SYNCHRONOUS CONDENSER MARKET, BY END USER 91

9.1 OVERVIEW 92
9.2 ELECTRICAL UTILITIES 93
9.3 INDUSTRIAL SECTORS 93

10 EUROPE SYNCHRONOUS CONDENSER MARKET, BY TYPE 94

10.1 OVERVIEW 95
10.2 NEW SYNCHRONOUS CONDENSER 96
10.3 REFURBISHED SYNCHRONOUS CONDENSER 96

11 EUROPE SYNCHRONOUS CONDENSER MARKET, BY DESIGN 97

11.1 OVERVIEW 98
11.2 SALIENT POLE DESIGN 99
11.3 CYLINDRICAL ROTOR DESIGN 99

12 EUROPE SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES 100

12.1 OVERVIEW 101
12.2 4 TO 8 102
12.3 LESS THAN 4 103
12.4 MORE THAN 8 103

13 EUROPE SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE 104

13.1 OVERVIEW 105
13.2 STATIC EXCITATION 106
13.3 BRUSHLESS EXCITATION SYSTEM 107

14 EUROPE SYNCHRONOUS CONDENSER MARKET, BY REGION 108

14.1 EUROPE 111
- 14.1.1 GERMANY 114
- 14.1.2 U.K. 116
- 14.1.3 ITALY 118
- 14.1.4 FRANCE 120
- 14.1.5 SPAINS 122
- 14.1.6 RUSSIA 124
- 14.1.7 TURKEY 126
- 14.1.8 NETHERLANDS 128
- 14.1.9 BELGIUM 130
- 14.1.10 FINLAND 132
- 14.1.11 NORWAY 134
- 14.1.12 SWITZERLAND 136
- 14.1.13 REST OF EUROPE 138

15 EUROPE SYNCHRONOUS CONDENSER MARKET, COMPANY LANDSCAPE 139

15.1 COMPANY SHARE ANALYSIS: EUROPE 139

16 SWOT ANALYSIS 140

17 COMPANY PROFILES 141

17.1 GENERAL ELECTRIC 141
- 17.1.1 COMPANY SNAPSHOT 141
- 17.1.2 REVENUE ANALYSIS 141
- 17.1.3 COMPANY SHARE ANALYSIS 142
- 17.1.4 PRODUCT PORTFOLIO 142
- 17.1.5 RECENT DEVELOPMENTS 143
17.2 ABB 144
- 17.2.1 COMPANY SNAPSHOT 144
- 17.2.2 REVENUE ANALYSIS 144
- 17.2.3 COMPANY SHARE ANALYSIS 145
- 17.2.4 PRODUCT PORTFOLIO 145
- 17.2.5 RECENT DEVELOPMENTS 146
17.3 EATON 147
- 17.3.1 COMPANY SNAPSHOT 147
- 17.3.2 REVENUE ANALYSIS 148
- 17.3.3 COMPANY SHARE ANALYSIS 148
- 17.3.4 SERVICE PORTFOLIO 149
- 17.3.5 RECENT DEVELOPMENTS 150
17.4 BAKER HUGHES COMPANY 151
- 17.4.1 COMPANY SNAPSHOT 151
- 17.4.2 REVENUE ANALYSIS 151
- 17.4.3 COMPANY SHARE ANALYSIS 152
- 17.4.4 PRODUCT & SERVICES PORTFOLIO 152
- 17.4.5 RECENT DEVELOPMENT 153
17.5 SIEMENS ENERGY 154
- 17.5.1 COMPANY SNAPSHOT 154
- 17.5.2 REVENUE ANALYSIS 154
- 17.5.3 COMPANY SHARE ANALYSIS 155
- 17.5.4 PRODUCT PORTFOLIO 155
- 17.5.5 RECENT DEVELOPMENTS 156
17.6 ANDRITZ 157
- 17.6.1 COMPANY SNAPSHOT 157
- 17.6.2 REVENUE ANALYSIS 157
- 17.6.3 PRODUCT PORTFOLIO 158
- 17.6.4 RECENT DEVELOPMENTS 158
17.7 ANSALDO ENERGIA 159
- 17.7.1 COMPANY SNAPSHOT 159
- 17.7.2 REVENUE ANALYSIS 159
- 17.7.3 PRODUCT PORTFOLIO 160
- 17.7.4 RECENT DEVELOPMENT 160
17.8 DOOSAN SKODA POWER 161
- 17.8.1 COMPANY SNAPSHOT 161
- 17.8.2 PRODUCT PORTFOLIO 161
- 17.8.3 RECENT DEVELOPMENT 162
17.9 HITACHI ENERGY LTD. 163
- 17.9.1 COMPANY SNAPSHOT 163
- 17.9.2 REVENUE ANALYSIS 164
- 17.9.3 PRODUCT PORTFOLIO 164
- 17.9.4 RECENT DEVELOPMENT 165
17.10 IDEAL ELECTRIC POWER CO. 166
- 17.10.1 COMPANY SNAPSHOT 166
- 17.10.2 PRODUCT PORTFOLIO 166
- 17.10.3 RECENT DEVELOPMENT 167
17.11 INGETEAM, S.A. 168
- 17.11.1 COMPANY SNAPSHOT 168
- 17.11.2 PRODUCT PORTFOLIO 168
- 17.11.3 RECENT DEVELOPMENTS 169
17.12 MITSUBISHI ELECTRIC POWER PRODUCTS, INC. 170
- 17.12.1 COMPANY SNAPSHOT 170
- 17.12.2 REVENUE ANALYSIS 170
- 17.12.3 SOLUTION PORTFOLIO 171
- 17.12.4 RECENT DEVELOPMENT 171
17.13 POWER SYSTEMS & CONTROLS, INC. 172
- 17.13.1 COMPANY SNAPSHOT 172
- 17.13.2 PRODUCT PORTFOLIO 172
- 17.13.3 RECENT DEVELOPMENT 173
17.14 SHANGHAI ELECTRIC 174
- 17.14.1 COMPANY SNAPSHOT 174
- 17.14.2 REVENUE ANALYSIS 174
- 17.14.3 PRODUCT PORTFOLIO 175
- 17.14.4 RECENT DEVELOPMENTS 175
17.15 WEG 176
- 17.15.1 COMPANY SNAPSHOT 176
- 17.15.2 REVENUE ANALYSIS 176
- 17.15.3 PRODUCT PORTFOLIO 177
- 17.15.4 RECENT DEVELOPMENT 177

18 QUESTIONNAIRE 178

19 RELATED REPORTS 182

LIST OF TABLES

TABLE 1 UNINTERRUPTED OPERATION REQUIREMENTS FOR VOLTAGE DISTURBANCES 57
TABLE 2 COMPARISON BETWEEN SYNCHRONOUS CONDENSER, SVC, AND SATCOM 63
TABLE 3 EUROPE SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 68
TABLE 4 EUROPE HYDROGEN COOLED SYNCHRONOUS CONDENSER IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 68
TABLE 5 EUROPE AIR-COOLED SYNCHRONOUS CONDENSER IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 69
TABLE 6 EUROPE WATER COOLED SYNCHRONOUS CONDENSER IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 69
TABLE 7 EUROPE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 72
TABLE 8 EUROPE STATIC FREQUENCY CONVERTOR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 72
TABLE 9 EUROPE PONY MOTOR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 73
TABLE 10 EUROPE OTHERS IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 73
TABLE 11 EUROPE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 76
TABLE 12 EUROPE ABOVE 200 MVAR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 76
TABLE 13 EUROPE 101-200 MVAR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 77
TABLE 14 EUROPE 61-100 MVAR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 77
TABLE 15 EUROPE 31-60 MVAR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 78
TABLE 16 EUROPE 0-30 MVAR IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 78
TABLE 17 EUROPE SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 81
TABLE 18 EUROPE ELECTRICAL UTILITIES IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 81
TABLE 19 EUROPE INDUSTRIAL SECTORS IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 81
TABLE 20 EUROPE SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 84
TABLE 21 EUROPE NEW SYNCHRONOUS CONDENSER IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 84
TABLE 22 EUROPE REFURBISHED SYNCHRONOUS CONDENSER IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 84
TABLE 23 EUROPE SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 87
TABLE 24 EUROPE SALIENT POLE DESIGN IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 87
TABLE 25 EUROPE CYLINDRICAL ROTOR DESIGN IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 87
TABLE 26 EUROPE SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 90
TABLE 27 EUROPE 4 TO 8 IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 90
TABLE 28 EUROPE LESS THAN 4 IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 91
TABLE 29 EUROPE MORE THAN 8 IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 91
TABLE 30 EUROPE SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 94
TABLE 31 EUROPE STATIC EXCITATION IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 94
TABLE 32 BRUSHLESS EXCITATION SYSTEM IN SYNCHRONOUS CONDENSER MARKET, BY REGION, 2022-2031 (USD THOUSAND) 95
TABLE 33 EUROPE SYNCHRONOUS CONDENSER MARKET, BY COUNTRY, 2022-2031 (USD THOUSAND) 99
TABLE 34 EUROPE SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 99
TABLE 35 EUROPE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 100
TABLE 36 EUROPE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 100
TABLE 37 EUROPE SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 100
TABLE 38 EUROPE SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 100
TABLE 39 EUROPE SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 101
TABLE 40 EUROPE SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 101
TABLE 41 EUROPE SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 101
TABLE 42 GERMANY SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 102
TABLE 43 GERMANY SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 102
TABLE 44 GERMANY SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 102
TABLE 45 GERMANY SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 102
TABLE 46 GERMANY SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 103
TABLE 47 GERMANY SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 103
TABLE 48 GERMANY SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 103
TABLE 49 GERMANY SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 103
TABLE 50 U.K. SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 104
TABLE 51 U.K. SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 104
TABLE 52 U.K. SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 104
TABLE 53 U.K. SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 104
TABLE 54 U.K. SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 105
TABLE 55 U.K. SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 105
TABLE 56 U.K. SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 105
TABLE 57 U.K. SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 105
TABLE 58 ITALY SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 106
TABLE 59 ITALY SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 106
TABLE 60 ITALY SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 106
TABLE 61 ITALY SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 106
TABLE 62 ITALY SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 107
TABLE 63 ITALY SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 107
TABLE 64 ITALY SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 107
TABLE 65 ITALY SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 107
TABLE 66 FRANCE SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 108
TABLE 67 FRANCE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 108
TABLE 68 FRANCE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 108
TABLE 69 FRANCE SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 108
TABLE 70 FRANCE SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 109
TABLE 71 FRANCE SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 109
TABLE 72 FRANCE SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 109
TABLE 73 FRANCE SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 109
TABLE 74 SPAIN SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 110
TABLE 75 SPAIN SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 110
TABLE 76 SPAIN SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 110
TABLE 77 SPAIN SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 110
TABLE 78 SPAIN SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 111
TABLE 79 SPAIN SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 111
TABLE 80 SPAIN SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 111
TABLE 81 SPAIN SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 111
TABLE 82 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 112
TABLE 83 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 112
TABLE 84 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 112
TABLE 85 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 112
TABLE 86 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 113
TABLE 87 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 113
TABLE 88 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 113
TABLE 89 RUSSIA SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 113
TABLE 90 TURKEY SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 114
TABLE 91 TURKEY SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 114
TABLE 92 TURKEY SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 114
TABLE 93 TURKEY SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 114
TABLE 94 TURKEY SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 115
TABLE 95 TURKEY SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 115
TABLE 96 TURKEY SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 115
TABLE 97 TURKEY SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 115
TABLE 98 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 116
TABLE 99 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 116
TABLE 100 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 116
TABLE 101 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 116
TABLE 102 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 117
TABLE 103 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 117
TABLE 104 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 117
TABLE 105 NETHERLANDS SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 117
TABLE 106 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 118
TABLE 107 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 118
TABLE 108 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 118
TABLE 109 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 118
TABLE 110 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 119
TABLE 111 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 119
TABLE 112 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 119
TABLE 113 BELGIUM SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 119
TABLE 114 FINLAND SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 120
TABLE 115 FINLAND SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 120
TABLE 116 FINLAND SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 120
TABLE 117 FINLAND SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 120
TABLE 118 FINLAND SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 121
TABLE 119 FINLAND SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 121
TABLE 120 FINLAND SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 121
TABLE 121 FINLAND SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 121
TABLE 122 NORWAY SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 122
TABLE 123 NORWAY SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 122
TABLE 124 NORWAY SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 122
TABLE 125 NORWAY SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 122
TABLE 126 NORWAY SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 123
TABLE 127 NORWAY SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 123
TABLE 128 NORWAY SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 123
TABLE 129 NORWAY SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 123
TABLE 130 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 124
TABLE 131 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, 2022-2031 (USD THOUSAND) 124
TABLE 132 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING, 2022-2031 (USD THOUSAND) 124
TABLE 133 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY END USER, 2022-2031 (USD THOUSAND) 124
TABLE 134 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY TYPE, 2022-2031 (USD THOUSAND) 125
TABLE 135 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY DESIGN, 2022-2031 (USD THOUSAND) 125
TABLE 136 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES, 2022-2031 (USD THOUSAND) 125
TABLE 137 SWITZERLAND SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE, 2022-2031 (USD THOUSAND) 125
TABLE 138 REST OF EUROPE SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY, 2022-2031 (USD THOUSAND) 126

LIST OF FIGURES

FIGURE 1 EUROPE SYNCHRONOUS CONDENSER MARKET: SEGMENTATION 23
FIGURE 2 EUROPE SYNCHRONOUS CONDENSER MARKET: DBMR TRIPOD DATA VALIDATION MODEL 26
FIGURE 3 EUROPE SYNCHRONOUS CONDENSER MARKET: DROC ANALYSIS 27
FIGURE 4 EUROPE SYNCHRONOUS CONDENSER MARKET: EUROPE VS REGIONAL MARKET ANALYSIS 28
FIGURE 5 EUROPE SYNCHRONOUS CONDENSER MARKET: COMPANY RESEARCH ANALYSIS 28
FIGURE 6 EUROPE SYNCHRONOUS CONDENSER MARKET: INTERVIEW DEMOGRAPHICS 29
FIGURE 7 EUROPE SYNCHRONOUS CONDENSER MARKET: DBMR MARKET POSITION GRID 30
FIGURE 8 EUROPE SYNCHRONOUS CONDENSER MARKET: MULTIVARIATE MODELLING 31
FIGURE 9 EUROPE SYNCHRONOUS CONDENSER MARKET: COOLING TECHNOLOGY CURVE 32
FIGURE 10 EUROPE SYNCHRONOUS CONDENSER MARKET: MARKET END-USER COVERAGE GRID 33
FIGURE 11 EUROPE SYNCHRONOUS CONDENSER MARKET: SEGMENTATION 37
FIGURE 12 NORTH AMERICA IS EXPECTED TO DOMINATE, WHEREAS ASIA-PACIFIC IS THE FASTEST-GROWING REGION IN THE EUROPE SYNCHRONOUS CONDENSER MARKET IN THE FORECAST PERIOD OF 2023 TO 2031 38
FIGURE 13 ASIA-PACIFIC IS THE FASTEST GROWING MARKET FOR EUROPE SYNCHRONOUS CONDENSER MARKET MANUFACTURERS IN THE FORECAST PERIOD OF 2024 TO 2031 39
FIGURE 14 INCREASING DEMAND FOR CLEAN ENERGY SOURCES IS EXPECTED TO BE A KEY DRIVER FOR EUROPE SYNCHRONOUS CONDENSER MARKET GROWTH IN THE FORECAST PERIOD OF 2024 TO 2031 40
FIGURE 15 HYDROGEN COOLED SYNCHRONOUS CONDENSER IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE EUROPE SYNCHRONOUS CONDENSER MARKET IN 2024 TO 2031 40
FIGURE 16 SYNCHRONOUS CONDENSER WITH FLYWHEEL 41
FIGURE 17 SYNCHRONOUS CONDENSER WITH FLYWHEEL 42
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE SYNCHRONOUS CONDENSER MARKET 47
FIGURE 19 SHARE OF DIFFERENT POWER GENERATING SOURCES 49
FIGURE 20 GENERATION OF WIND ENERGY 49
FIGURE 21 OPPORTUNITIES IN THE INTEGRATION OF SYSTEMS IN POWER PLANTS 51
FIGURE 22 AVERAGE ANNUAL INVESTMENT SPENDING ON ELECTRICITY GRIDS 53
FIGURE 23 PRICING LIST OF COPPER MATERIAL 58
FIGURE 24 EUROPE SYNCHRONOUS CONDENSER MARKET: BY COOLING TECHNOLOGY, 2023 67
FIGURE 25 EUROPE SYNCHRONOUS CONDENSER MARKET: BY STARTING METHOD, 2023 71
FIGURE 26 EUROPE SYNCHRONOUS CONDENSER MARKET: BY REACTIVE POWER RATING, 2023 75
FIGURE 27 EUROPE SYNCHRONOUS CONDENSER MARKET: BY END USER, 2023 80
FIGURE 28 EUROPE SYNCHRONOUS CONDENSER MARKET: BY TYPE, 2023 83
FIGURE 29 EUROPE SYNCHRONOUS CONDENSER MARKET: BY DESIGN, 2023 86
FIGURE 30 EUROPE SYNCHRONOUS CONDENSER MARKET: BY NO. OF POLES, 2023 89
FIGURE 31 EUROPE SYNCHRONOUS CONDENSER MARKET: BY EXCITATION SYSTEM TYPE, 2023 93
FIGURE 32 EUROPE SYNCHRONOUS CONDENSERMARKET: SNAPSHOT (2022) 97
FIGURE 33 EUROPE SYNCHRONOUS CONDENSER MARKET: COMPANY SHARE 2023 (%) 127