Volt & VAR Systems Market, Global Outlook and Forecast 2023-2030
The volt-var management solution allows reducing energy losses by minimizing reactive power flows, keeping voltages within the limits and reducing peak power by voltage reduction.
This report aims to provide a comprehensive presentation of the global market for Volt & VAR Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Volt & VAR Systems. This report contains market size and forecasts of Volt & VAR Systems in global, including the following market information:
Global Volt & VAR Systems Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Volt & VAR Systems Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Volt & VAR Systems companies in 2022 (%)
The global Volt & VAR Systems market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Volt/VAR Control Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Volt & VAR Systems include ABB, Advanced Control Systems, Beckwith Electric, Dominion Voltage, Inc., Eaton (Cooper Power Systems), GE, Gridco Systems, OATI and Open Systems International, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Volt & VAR Systems 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 Volt & VAR Systems Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Volt & VAR Systems Market Segment Percentages, by Type, 2022 (%)
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Global Volt & VAR Systems Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Volt & VAR Systems Market Segment Percentages, by Application, 2022 (%)
Distribution
Transmission
Generation
Global Volt & VAR Systems Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Volt & VAR Systems Market Segment Percentages, By Region and Country, 2022 (%)
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 Volt & VAR Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Volt & VAR Systems revenues share in global market, 2022 (%)
Key companies Volt & VAR Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Volt & VAR Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Advanced Control Systems
Beckwith Electric
Dominion Voltage, Inc.
Eaton (Cooper Power Systems)
GE
Gridco Systems
OATI
Open Systems International
Schneider Electric
Siemens
Survalent Technology
Utilidata
Varentec
Outline of Major Chapters:
Chapter 1: Introduces the definition of Volt & VAR Systems, market overview.
Chapter 2: Global Volt & VAR Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Volt & VAR Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Volt & VAR Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Volt & VAR Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
