Synchronous Condenser Global Market Opportunities And Strategies To 2034

Description

A synchronous condenser is a synchronous machine that operates without a mechanical load and is used to generate or absorb reactive power in an electrical grid. The primary purpose of a synchronous condenser is to provide reactive power compensation, stabilize voltage fluctuations and support grid strength, especially in power systems with high renewable energy penetration. It helps maintain power quality, ensures efficient energy transmission and increases the resilience of modern electrical networks.

The synchronous condenser market consists of sales by entities (organizations, sole traders and partnerships) of synchronous condenser that are deployed whenever grid voltage control, stabilization, or reactive power conditioning is needed, commonly during grid disturbances, integration of large-scale renewable sources, or in systems with weak grids. It complements or substitutes capacitor banks, static VAR compensators (SVCs) and STATCOMs (static synchronous compensator) by offering a rotating-mass-based solution that inherently provides inertia, supporting both voltage and dynamic stability.

The global synchronous condenser market was valued at $901.09 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 3.00%.

Expansion Of Large-Scale Infrastructure Projects

During the historic period, the expansion of large-scale infrastructure projects was a key driver of the growth of the synchronous condenser market. As electrification pushed forward and transmission networks expanded, ensuring voltage stability and reactive power support became imperative. Synchronous condensers were frequently deployed alongside new interconnectors and upgraded grid systems to bolster system strength and reliability. For instance, in April 2020, according to the Government of India's Final Report on the National Infrastructure Pipeline (NIP), covering the period from financial year (FY) 2020 to FY 2025, the country has planned a total infrastructure investment of ₹111 lakh crore (USD 1,343.1 billion). Of this total, 40% is already under implementation, 30% is at the conceptual stage and 20% is under development. The NIP spans over 7,400 projects across key sectors such as energy, transport, urban development and water resources, reflecting the scale at which large-scale infrastructure expansion is underway. Therefore, the expansion of large-scale infrastructure projects was a key driver of the growth of the synchronous condenser market.

Growth Of Higher-Capacity, Low-Emission Synchronous Condenser Systems

Major companies in the synchronous condenser market are increasingly delivering higher-capacity, low-environmental-impact synchronous condenser systems to support grids transitioning to renewable energy. This trend reflects efforts to enhance grid stability, through inertia and reactive support, while addressing sustainability goals and regulatory pressure to reduce environmental footprints. For instance, in July 2024, Mitsubishi Electric won a contract to supply 84 kV dry-air insulated switchgear (GIS), a new environmentally friendly, greenhouse gas-free product for use in gas-insulated switchgear (GIS) to be installed in substations to Kansai Transmission & Distribution in Japan. While not a condenser itself, the release highlights Mitsubishi's parallel advancement in grid equipment toward SF6-free technologies, which align with broader decarbonization efforts also impacting synchronous condenser design and deployment. This illustrates the company's strategic direction toward cleaner, more sustainable grid stability solutions. By expanding low-emission designs like dry-air insulation in high-voltage grid components, utilities and suppliers set the stage for similarly sustainable innovation in synchronous condensers, enabling future installations that deliver robust grid support with a reduced carbon and environmental footprint.

The global synchronous condenser market is concentrated, with large players operating in the market. The top 10 competitors in the market made up 21.41% of the total market in 2024.

Synchronous Condenser Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global synchronous condenser market as it emerges from the COVID-19 shut down.

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Where is the largest and fastest-growing market for synchronous condenser? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The synchronous condenser market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider synchronous condenser market; and compares it with other markets.

The report covers the following chapters

Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by starting method, by cooling type, by reactive power rating and by end user.
Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by starting method, by cooling type, by reactive power rating and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
Competitive Dashboard- Briefs on competitive dashboard of major players.
Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations- This section includes recommendations for synchronous condenser providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) By Type: New Synchronous Condenser; Refurbished Synchronous Condenser
2) By Starting Method: Static Frequency Converter (SFC); Pony Motor; Other Starting Methods
3) By Cooling Type: Hydrogen-Cooled; Air-Cooled; Water-Cooled
4) By Reactive Power Rating: Up To 100 Mega Volt-Amperes Reactive (MVAR); 100-200 Mega Volt-Amperes Reactive (MVAR); Above 200 Mega Volt-Amperes Reactive (MVAR)
5) By End-User: Utilities; Industrial; Renewable Energy; Other End-Users
Companies Mentioned: Siemens Energy; GE Vernova; ABB Ltd.; Eaton Corporation plc; Hitachi Energy Ltd.
Countries: Australia; China; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; synchronous condenser indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Product Code: o&s1793

1 Executive Summary

1.1 Synchronous Condenser - Market Attractiveness And Macro Economic Landscape

2 Table Of Contents

3 List Of Tables

4 List Of Figures

5 Report Structure

6 Market Characteristics

6.1 General Market Definition
6.2 Summary
6.3 Synchronous Condenser Market Definition And Segmentations
6.4 Market Segmentation By Type
- 6.4.1 New Synchronous Condenser
- 6.4.2 Refurbished Synchronous Condenser
6.5 Market Segmentation By Starting Method
- 6.5.1 Static Frequency Convertor
- 6.5.2 Pony Motor
- 6.5.3 Other Starting Methods
6.6 Market Segmentation By Cooling Type
- 6.6.1 Hydrogen-Cooled
- 6.6.2 Air-Cooled
- 6.6.3 Water-Cooled
6.7 Market Segmentation By Reactive Power Rating
- 6.7.1 Up To 100 Mega Volt-Ampere Reactive (MVAR)
- 6.7.2 100-200 Mega Volt-Ampere Reactive (MVAR)
- 6.7.3 Above 200 Mega Volt-Ampere Reactive (MVAR)
6.8 Market Segmentation By End-User
- 6.8.1 Utilities
- 6.8.2 Industrial
- 6.8.3 Renewable Energy
- 6.8.4 Other End-Users

7 Major Market Trends

7.1 Growth Of Higher-Capacity, Low-Emission Synchronous Condenser Systems
7.2 Renewable Integration Driving Demand For Inertia And Reactive Support
7.3 Digitalization And Advanced Control Systems In Synchronous Condenser Operations
7.4 Rise Of Synchronous Condensers As A Proven Solution For Renewable Grid Stability

8 Synchronous Condenser Growth Analysis And Strategic Analysis Framework

8.1 Global Synchronous Condenser PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors)
- 8.1.1 Political
- 8.1.2 Economic
- 8.1.3 Social
- 8.1.4 Technological
- 8.1.5 Environmental
- 8.1.6 Legal
8.2 Analysis Of End User (B2B)
- 8.2.1 Utilities
- 8.2.2 Industrial
- 8.2.3 Renewable Energy
- 8.2.4 Other End-Users
8.3 Synchronous Condenser Market Growth Rate Analysis
8.4 Historic Market Growth, 2019 - 2024, Value ($ Million)
- 8.4.1 Market Drivers 2019 - 2024
- 8.4.2 Market Restraints 2019 - 2024
8.5 Forecast Market Growth, 2024 - 2029, 2034F Value ($ Million)
8.6 Forecast Growth Contributors/Factors
- 8.6.1 Quantitative Growth Contributors
- 8.6.2 Drivers
- 8.6.3 Restraints
8.7 Synchronous Condenser Total Addressable Market (TAM)

9 Synchronous Condenser Market Segmentation

9.1 Global Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.2 Global Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.3 Global Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.4 Global Synchronous Condenser Market, Segmentation By Reactive Power Rating, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.5 Global Synchronous Condenser Market, Segmentation By End-User, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.6 Global Synchronous Condenser Market, Sub-Segmentation Of New Synchronous Condenser, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.7 Global Synchronous Condenser Market, Sub-Segmentation Of Refurbished Synchronous Condenser, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

10 Synchronous Condenser Market, Regional and Country Analysis

10.1 Synchronous Condenser Market, By Region, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
10.2 Synchronous Condenser Market, By Country, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

11 Asia-Pacific Market

11.1 Summary
11.2 Market Overview
- 11.2.1 Region Information
- 11.2.2 Market Information
- 11.2.3 Background Information
- 11.2.4 Government Initiatives
- 11.2.5 Regulations
- 11.2.6 Regulatory Bodies
- 11.2.7 Major Associations
- 11.2.8 Taxes Levied
- 11.2.9 Corporate Tax Structure
- 11.2.10 Investments
- 11.2.11 Major Companies
11.3 Asia-Pacific Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.4 Asia-Pacific Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.5 Asia-Pacific Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.6 Asia-Pacific Synchronous Condenser Market: Country Analysis
11.7 China Market
11.8 Summary
11.9 Market Overview
- 11.9.1 Country Information
- 11.9.2 Market Information
- 11.9.3 Background Information
- 11.9.4 Government Initiatives
- 11.9.5 Regulations
- 11.9.6 Regulatory Bodies
- 11.9.7 Major Associations
- 11.9.8 Taxes Levied
- 11.9.9 Corporate Tax Structure
- 11.9.10 Investments
- 11.9.11 Major Companies
11.10 China Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.11 China Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.12 China Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.13 India Market
11.14 India Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.15 India Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.16 India Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.17 Japan Market
11.18 Summary
11.19 Market Overview
- 11.19.1 Country Information
- 11.19.2 Market Information
- 11.19.3 Background Information
- 11.19.4 Government Initiatives
- 11.19.5 Regulations
- 11.19.6 Regulatory Bodies
- 11.19.7 Major Associations
- 11.19.8 Taxes Levied
- 11.19.9 Corporate Tax Structure
- 11.19.10 Major Companies
11.20 Japan Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.21 Japan Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.22 Japan Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.23 Australia Market
11.24 Australia Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.25 Australia Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.26 Australia Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.27 Indonesia Market
11.28 Indonesia Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.29 Indonesia Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.30 Indonesia Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.31 South Korea Market
11.32 Summary
11.33 Market Overview
- 11.33.1 Country Information
- 11.33.2 Market Information
- 11.33.3 Background Information
- 11.33.4 Government Initiatives
- 11.33.5 Regulations
- 11.33.6 Regulatory Bodies
- 11.33.7 Major Associations
- 11.33.8 Taxes Levied
- 11.33.9 Corporate Tax Structure
- 11.33.10 Investments
- 11.33.11 Major Companies
11.34 South Korea Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.35 South Korea Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.36 South Korea Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

12 Western Europe Market

12.1 Summary
12.2 Market Overview
- 12.2.1 Region Information
- 12.2.2 Market Information
- 12.2.3 Background Information
- 12.2.4 Government Initiatives
- 12.2.5 Regulations
- 12.2.6 Regulatory Bodies
- 12.2.7 Major Associations
- 12.2.8 Taxes Levied
- 12.2.9 Corporate tax structure
- 12.2.10 Investments
- 12.2.11 Major Companies
12.3 Western Europe Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.4 Western Europe Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.5 Western Europe Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.6 Western Europe Synchronous Condenser Market: Country Analysis
12.7 UK Market
12.8 UK Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.9 UK Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.10 UK Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.11 Germany Market
12.12 Germany Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.13 Germany Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.14 Germany Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.15 France Market
12.16 France Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.17 France Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.18 France Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.19 Italy Market
12.20 Italy Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.21 Italy Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.22 Italy Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.23 Spain Market
12.24 Spain Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.25 Spain Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.26 Spain Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

13 Eastern Europe Market

13.1 Summary
13.2 Market Overview
- 13.2.1 Region Information
- 13.2.2 Market Information
- 13.2.3 Background Information
- 13.2.4 Government Initiatives
- 13.2.5 Regulations
- 13.2.6 Regulatory Bodies
- 13.2.7 Major Associations
- 13.2.8 Taxes Levied
- 13.2.9 Corporate Tax Structure
- 13.2.10 Investments
- 13.2.11 Major companies
13.3 Eastern Europe Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.4 Eastern Europe Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.5 Eastern Europe Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.6 Eastern Europe Synchronous Condenser Market: Country Analysis
13.7 Russia Market
13.8 Russia Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.9 Russia Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.10 Russia Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

14 North America Market

14.1 Summary
14.2 Market Overview
- 14.2.1 Region Information
- 14.2.2 Market Information
- 14.2.3 Background Information
- 14.2.4 Government Initiatives
- 14.2.5 Regulations
- 14.2.6 Regulatory Bodies
- 14.2.7 Major Associations
- 14.2.8 Taxes Levied
- 14.2.9 Corporate Tax Structure
- 14.2.10 Investments
- 14.2.11 Major Companies
14.3 North America Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.4 North America Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.5 North America Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.6 North America Synchronous Condenser Market: Country Analysis
14.7 USA Market
14.8 Summary
14.9 Market Overview
- 14.9.1 Country Information
- 14.9.2 Market Information
- 14.9.3 Background Information
- 14.9.4 Government Initiatives
- 14.9.5 Regulations
- 14.9.6 Regulatory Bodies
- 14.9.7 Major Associations
- 14.9.8 Taxes Levied
- 14.9.9 Corporate Tax Structure
- 14.9.10 Investments
- 14.9.11 Major Companies
14.10 USA Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.11 USA Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.12 USA Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.13 Canada Market
14.14 Summary
14.15 Market Overview
- 14.15.1 Country Information
- 14.15.2 Market Information
- 14.15.3 Background Information
- 14.15.4 Government Initiatives
- 14.15.5 Regulations
- 14.15.6 Regulatory Bodies
- 14.15.7 Major Associations
- 14.15.8 Taxes Levied
- 14.15.9 Corporate Tax Structure
- 14.15.10 Investments
- 14.15.11 Major Companies
14.16 Canada Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.17 Canada Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.18 Canada Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

15 South America Market

15.1 Summary
15.2 Market Overview
- 15.2.1 Region Information
- 15.2.2 Market Information
- 15.2.3 Background Information
- 15.2.4 Government Initiatives
- 15.2.5 Regulations
- 15.2.6 Regulatory Bodies
- 15.2.7 Major Associations
- 15.2.8 Taxes Levied
- 15.2.9 Corporate Tax Structure
- 15.2.10 Investments
- 15.2.11 Major Companies
15.3 South America Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.4 South America Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.5 South America Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.6 South America Synchronous Condenser Market: Country Analysis
15.7 Brazil Market
15.8 Brazil Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.9 Brazil Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.10 Brazil Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

16 Middle East Market

16.1 Summary
16.2 Market Overview
- 16.2.1 Region Information
- 16.2.2 Market Information
- 16.2.3 Background Information
- 16.2.4 Government Initiatives
- 16.2.5 Regulations
- 16.2.6 Regulatory Bodies
- 16.2.7 Major Associations
- 16.2.8 Taxes Levied
- 16.2.9 Corporate Tax Structure
- 16.2.10 Investments
- 16.2.11 Major Companies
16.3 Middle East Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16.4 Middle East Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16.5 Middle East Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

17 Africa Market

17.1 Summary
17.2 Market Overview
- 17.2.1 Region Information
- 17.2.2 Market Information
- 17.2.3 Background Information
- 17.2.4 Government Initiatives
- 17.2.5 Regulations
- 17.2.6 Regulatory Bodies
- 17.2.7 Major Associations
- 17.2.8 Taxes Levied
- 17.2.9 Corporate Tax Structure
- 17.2.10 Major Companies
17.3 Africa Synchronous Condenser Market, Segmentation By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17.4 Africa Synchronous Condenser Market, Segmentation By Starting Method, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17.5 Africa Synchronous Condenser Market, Segmentation By Cooling Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

18 Competitive Landscape And Company Profiles

18.1 Company Profiles
18.2 Siemens Energy AG
- 18.2.1 Company Overview
- 18.2.2 Products And Services
- 18.2.3 Business Strategy
- 18.2.4 Financial Overview
18.3 GE Vernova
- 18.3.1 Company Overview
- 18.3.2 Products And Services
- 18.3.3 Business Strategy
- 18.3.4 Financial Overview
18.4 ABB Limited
- 18.4.1 Company Overview
- 18.4.2 Products And Services
- 18.4.3 Business Strategy
- 18.4.4 Financial Overview
18.5 Eaton Corporation Plc
- 18.5.1 Company Overview
- 18.5.2 Products And Services
- 18.5.3 Business Strategy
- 18.5.4 Financial Overview
18.6 Hitachi Energy Ltd
- 18.6.1 Company Overview
- 18.6.2 Products And Services
- 18.6.3 Business Strategy
- 18.6.4 Financial Overview

19 Other Major And Innovative Companies

19.1 WEG S.A.
- 19.1.1 Company Overview
- 19.1.2 Products And Services
19.2 Voith Group
- 19.2.1 Company Overview
- 19.2.2 Products And Services
19.3 ANDRITZ AG
- 19.3.1 Company Overview
- 19.3.2 Products And Services
19.4 Mitsubishi Electric Power Products Inc.
- 19.4.1 Company Overview
- 19.4.2 Products And Services
19.5 Toshiba International Corporation Pty Ltd.
- 19.5.1 Company Overview
- 19.5.2 Products And Services
19.6 Bharat Heavy Electricals Limited (BHEL)
- 19.6.1 Company Overview
- 19.6.2 Products And Services
19.7 Shanghai Electric Group Company Limited
- 19.7.1 Company Overview
- 19.7.2 Products And Services
19.8 Fuji Electric Co. Ltd.
- 19.8.1 Company Overview
- 19.8.2 Products And Services
19.9 Ansaldo Energia S.p.A.
- 19.9.1 Company Overview
- 19.9.2 Products And Services
19.10 Ingeteam S.A.
- 19.10.1 Company Overview
- 19.10.2 Products And Services
19.11 Ideal Electric Power Co.
- 19.11.1 Company Overview
- 19.11.2 Products And Services
19.12 Harbin Electric
- 19.12.1 Company Overview
- 19.12.2 Products And Services
19.13 Baker Hughes
- 19.13.1 Company Overview
- 19.13.2 Products And Services
19.14 Power Systems And Controls Inc.
- 19.14.1 Company Overview
- 19.14.2 Products And Services
19.15 SSS Gears Ltd.
- 19.15.1 Company Overview
- 19.15.2 Products And Services

20 Competitive Benchmarking

21 Competitive Dashboard

22 Key Mergers And Acquisitions

22.1 Quinbrook Acquires Wexford Synchronous Condenser Project
22.2 WEG Acquires Regal Rexnord's Industrial Electric Motors And Generators business
22.3 Baker Hughes Acquires Power Generation division of BRUSH Group

23 Recent Developments Synchronous Condenser

23.1 Revolutionizing Grid Stability Through Coal-to-SynchCon Repurposing
23.2 Enhancing Grid Stability Through Strategic SynCon Deployments

24 Opportunities And Strategies

24.1 Synchronous Condenser Market In 2029 - Countries Offering Most New Opportunities
24.2 Synchronous Condenser Market In 2029 - Segments Offering Most New Opportunities
24.3 Synchronous Condenser Market In 2029 - Growth Strategies
- 24.3.1 Market Trend Based Strategies
- 24.3.2 Competitor Strategies

25 Synchronous Condenser Market, Conclusions And Recommendations

25.1 Conclusions
25.2 Recommendations
- 25.2.1 Product
- 25.2.2 Place
- 25.2.3 Price
- 25.2.4 Promotion
- 25.2.5 People

26 Appendix

26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 The Business Research Company
26.6 Copyright and Disclaimer