IGBT Type Static Var Generator Market

Static Var Generator, SVG 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.

According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. FACTS-based power conversion equipment generally used full-controlled devices, mainly choose GTO, modified GTO (IGBT, MTO, ETO) and (HV) IGBT and other devices. IGBT Type Static Var Generator Market focuses IGBT based Static Var Generator.
IGBT Type Static Var Generator Market contains market size and forecasts of IGBT Type Static Var Generator in global, including the following market information:
Global IGBT Type Static Var Generator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global IGBT Type Static Var Generator Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five IGBT Type Static Var Generator companies in 2021 (%)
The global IGBT Type Static Var Generator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 10kV Voltage Level Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IGBT Type Static Var Generator include ABB, Siemens, Mitsubishi Electric, Hitachi, S&C Electric, GE, AMSC, Ingeteam and Comsys AB. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the IGBT Type Static Var Generator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IGBT Type Static Var Generator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IGBT Type Static Var Generator Market Segment Percentages, by Type, 2021 (%)
Less than 10kV Voltage Level
11kV-25kV Voltage Level
26kV-35kV Voltage Level
More than 35kV Voltage Level
Global IGBT Type Static Var Generator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IGBT Type Static Var Generator Market Segment Percentages, by Application, 2021 (%)
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Others
Global IGBT Type Static Var Generator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IGBT Type Static Var Generator Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IGBT Type Static Var Generator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies IGBT Type Static Var Generator revenues share in global market, 2021 (%)
Key companies IGBT Type Static Var Generator sales in global market, 2017-2022 (Estimated), (K Units)
Key companies IGBT Type Static Var Generator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
Mitsubishi Electric
Hitachi
S&C Electric
GE
AMSC
Ingeteam
Comsys AB