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Europe Synchronous Condenser Market, Outlook and Forecast 2025-2032

Europe Synchronous Condenser Market, Outlook and Forecast 2025-2032

  • Category:Machines
  • Published on : 08 February 2025
  • Pages :205
  • Formats:
  • Report Code:24MRES-8030278
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The Europe Synchronous Condenser size was valued at US$ 425.6 million in 2024 and is projected to reach US$ 682.4 million by 2030, at a CAGR of 8.2% during the forecast period 2024-2030.
Synchronous Condensers are grid stability devices integrating advanced motor-generator technology with power control systems. These systems incorporate reactive power compensation, voltage regulation, and monitoring capabilities ensuring grid stability. The technology features various capacity options, automated control, and comprehensive protection protocols.
Power utilities lead with 55%, industrial 30%, renewable integration 15%. €445M invested in grid modernization. 94% feature digital control systems, improving stability 62%. Grid integration increased 65%. Employs 5,200 specialists. Renewable energy growth drives demand, 90% supporting grid stability. Smart grid features expanded 58%.

Report Includes

This report is an essential reference for who looks for detailed information on Europe Synchronous Condenser. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Synchronous Condenser, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Europe Synchronous Condenser, 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 Synchronous Condenser. This report contains market size and forecasts of Synchronous Condenser in Europe, including the following market information:
We surveyed the Synchronous Condenser 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:

by Country

•    Germany
•    United Kingdom
•    France
•    Italy
•    Spain
•    Netherlands
•    Belgium

by Products type:

•    Air-cooled Synchronous Condenser
•    Water-cooled Synchronous Condenser
•    Hydrogen-cooled Synchronous Condenser

by Application:

•    Electrical Utilities
•    Industrial Sector

key players include: (At least 8-10 companies included)

•    ABB Ltd
•    Siemens AG
•    General Electric
•    Eaton Corporation PLC
•    Voith GmbH
•    Mitsubishi Electric Corporation
•    Andritz AG
•    Fuji Electric Co., Ltd
•    WEG S.A.
•    Toshiba Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Synchronous Condenser revenues in Europe market, 2019-2024 (Estimated), ($ millions)
•    Key companies Synchronous Condenser revenues share in Europe market, 2024 (%)
•    Key companies Synchronous Condenser sales in Europe market, 2019-2024 (Estimated),
•    Key companies Synchronous Condenser sales share in Europe market, 2024 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Europe and country-wise market of Synchronous Condenser
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Synchronous Condenser capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Synchronous Condenser manufacturers
•    Synchronous Condenser forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.

TABLE OF CONTENTS

1 Market Overview    



1.1 Product Overview and Scope of Synchronous Condenser 



1.2 Segment by Type    



1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Air-cooled Synchronous Condenser    

1.2.3 Water-cooled Synchronous Condenser

1.2.4 Hydrogen-cooled Synchronous Condenser


1.3 Segment by Application  



1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Electrical Utilities

1.3.3    Industrial Sector

1.4 Europe Market Growth Prospects    

1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Europe Production Estimates and Forecasts (2019-2030)  



2 Europe Growth Trends    



2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    



3 Market Competition by Manufacturers  



3.1 Europe Production by Manufacturers (2019-2023)    

3.2 Europe Revenue Market Share by Manufacturers (2019-2023)    

3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)    

3.4 Europe Average Price by Manufacturers (2019-2023)    

3.5 Manufacturers Production Sites, Area Served, Product Type    

3.6 Market Competitive Situation and Trends    

3.6.1 Market Concentration Rate    

3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue    

3.6.3 Mergers & Acquisitions, Expansion  



4 Production by Region



4.1 Europe Production    

4.1.1 Europe Production YoY Growth Rate (2019-2023)    

4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2024)  



5 Consumption by Region  



5.1 Europe    

5.1.1 Europe Consumption by Country    

5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)    

5.1.1 Germany    

5.2.2 United Kingdom

5.3.3 France

5.4.4 Italy

5.5.5 Spain

5.6.6 Netherlands

5.7.7 Belgium


6 Segment by Type   



6.1 Europe Production Market Share by Type (2019-2024)    

6.2 Europe Revenue Market Share by Type (2019-2024)    

6.3 Europe Price by Type (2019-2024) 



7 Segment by Application  



7.1 Europe Production Market Share by Application (2019-2024)    

7.2 Europe Revenue Market Share by Application (2019-2024)    

7.3 Europe Price by Application (2019-2024)  



8 Key Companies Profiled    



8.1 ABB Ltd    

8.1.1 ABB Ltd Corporation Information    

8.1.2 ABB Ltd Product Portfolio    

8.1.3 ABB Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.1.4 ABB Ltd Main Business and Markets Served    

8.1.5 ABB Ltd Recent Developments/Updates    

8.2 Siemens AG    

8.2.1 Siemens AG Corporation Information    

8.2.2 Siemens AG Product Portfolio    

8.2.3 Siemens AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.2.4 Siemens AG Main Business and Markets Served    

8.2.5 Siemens AG Recent Developments/Updates    

8.3 General Electric    

8.3.1 General Electric Corporation Information    

8.3.2 General Electric Product Portfolio    

8.3.3 General Electric Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.3.4 General Electric Main Business and Markets Served    

8.3.5 General Electric Recent Developments/Updates    

8.4 Eaton Corporation PLC    

8.4.1 Eaton Corporation PLC Corporation Information    

8.4.2 Eaton Corporation PLC Product Portfolio    

8.4.3 Eaton Corporation PLC Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.4.4 Eaton Corporation PLC Main Business and Markets Served    

8.4.5 Eaton Corporation PLC Recent Developments/Updates    

8.5 Voith GmbH    

8.5.1 Voith GmbH Corporation Information    

8.5.2 Voith GmbH Product Portfolio    

8.5.3 Voith GmbH Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.5.4 Voith GmbH Main Business and Markets Served    

8.5.5 Voith GmbH Recent Developments/Updates    

8.6 Mitsubishi Electric Corporation    

8.6.1 Mitsubishi Electric Corporation Corporation Information    

8.6.2 Mitsubishi Electric Corporation Product Portfolio    

8.6.3 Mitsubishi Electric Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.6.4 Mitsubishi Electric Corporation Main Business and Markets Served    

8.6.5 Mitsubishi Electric Corporation Recent Developments/Updates    

8.7 Andritz AG    

8.7.1 Andritz AG Corporation Information    

8.7.2 Andritz AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.7.3 Andritz AG Main Business and Markets Served    

8.7.4 Andritz AG Recent Developments/Updates    

8.8 Fuji Electric Co., Ltd    

8.8.1 Fuji Electric Co., Ltd Corporation Information    

8.8.2 Fuji Electric Co., Ltd Product Portfolio    

8.8.3 Fuji Electric Co., Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.8.4 Fuji Electric Co., Ltd Main Business and Markets Served    

8.8.5 Fuji Electric Co., Ltd Recent Developments/Updates    

8.9 WEG S.A.    

8.9.1 WEG S.A. Corporation Information    

8.9.2 WEG S.A. Product Portfolio    

8.9.3 WEG S.A. Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.9.4 WEG S.A. Main Business and Markets Served    

8.9.5 WEG S.A. Recent Developments/Updates    

8.10 Toshiba Corporation    

8.10.1 Toshiba Corporation Corporation Information    

8.10.2 Toshiba Corporation Product Portfolio    

8.10.3 Toshiba Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)    

8.10.4 Toshiba Corporation Main Business and Markets Served    

8.10.5 Toshiba Corporation Recent Developments/Updates    


9 Manufacturing Cost Analysis    



9.1 Key Raw Materials Analysis    

9.1.1 Key Raw Materials    

9.1.2 Key Suppliers of Raw Materials    

9.2 Proportion of Manufacturing Cost Structure    

9.3 Manufacturing Process Analysis of Synchronous Condenser    

9.4 Industrial Chain Analysis    



10 Marketing Channel, Distributors and Customers  



 10.1 Marketing Channel    

10.2 Distributors List    

10.3 Customers    



11 Market Dynamics



11.1 Industry Trends    

11.2 Market Drivers    

11.3 Market Challenges    

11.4 Market Restraints    



12 Production and Supply Forecast



12.1 Europe Production, Revenue Forecast (2024-2030)    



13 Consumption and Demand Forecast  



 13.1 Europe Forecasted Consumption of by Country    



14 Forecast by Type and by Application  



14.1 Europe Production, Revenue and Price Forecast by Type (2024-2030)    

14.1.1 Europe Forecasted Production of by Type (2024-2030)    

14.1.2 Europe Forecasted Revenue of by Type (2024-2030)    

14.1.3 Europe Forecasted Price of by Type (2024-2030)    

14.2 Europe Production, Revenue and Price Forecast by Application (2024-2030)    

14.2.1 Europe Forecasted Production of by Application (2024-2030)    

14.2.2 Europe Forecasted Revenue of by Application (2024-2030)    

14.2.3 Europe Forecasted Price of by Application (2024-2030)  



15 Research Findings and Conclusion   



16 Methodology and Data Source    



16.1 Methodology/Research Approach    

16.1.1 Research Programs/Design    

16.1.2 Market Size Estimation    

16.1.3 Market Breakdown and Data Triangulation    

16.2 Data Source    

16.2.1 Secondary Sources    

16.2.2 Primary Sources    

16.3 Author List    

16.4 Disclaimer    



17 Appendix    



17.1 Note    

17.2 Examples of Clients    

LIST OF TABLES & FIGURES



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