Global Top 14 Companies Accounted for 57% of total Static Synchronous Compensator (STATCOM) market (Business Opportunities - Other Business Ads)

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Global Top 14 Companies Accounted for 57% of total Static Synchronous Compensator (STATCOM) market


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.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
The global key manufacturers of Static Synchronous Compensator (STATCOM) include Hitachi, Siemens, Windsun Science Technology, Liaoning Rongxin Xingye Power, Sieyuan Electric, TBEA, Mitsubishi Electric, GE, Nari Technology, Shandong Taikai Power Electronic, etc.
In 2022, the global top five players had a share approximately 57.0% in terms of revenue.

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Last Update : 25 April 2024 12:14 PM
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2024-05-04 (0.224 sec)