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Taiwan STATCOM market size was valued at US$ 256.4 million in 2024 and is projected to reach US$ 389.6 million by 2030, at a CAGR of 7.2% during the forecast period 2024-2030.
Static synchronous compensators for power factor correction and grid stability in power systems.
The Taiwan STATCOM market shows robust growth driven by renewable energy integration and grid modernization. Utility sector increased adoption by 45%. The "Grid Modernization Program" allocated NT$22.4 billion for power quality solutions. Industry invested US$34.6 million in advanced control systems. Power quality improved by 40% in installations. Renewable energy integration applications represent 55% of market share. Smart grid applications growing at 38% annually. Future projects include AI-controlled STATCOM with US$16.8 million investment. Export markets account for 60% of production. Quality certification achieved 99.9% reliability rates.
This report contains market size and forecasts of Static Synchronous Compensator (STATCOM) in Taiwan, including the following market information:
• Taiwan Static Synchronous Compensator (STATCOM) Market Revenue, 2019-2024, 2024-2030, ($ millions)
• Taiwan Static Synchronous Compensator (STATCOM) Market Sales, 2019-2024, 2024-2030,
• Taiwan Top five Static Synchronous Compensator (STATCOM) companies in 2023 (%)
Report Includes
This report presents an overview of Taiwan market for Static Synchronous Compensator (STATCOM) , sales, revenue and price. Analyses of the Taiwan market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Static Synchronous Compensator (STATCOM) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Taiwan Static Synchronous Compensator (STATCOM) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
• Low Voltage STATCOM
• High Voltage STATCOM
• Renewable Energy
• Electric Utilities
• Industrial & Manufacturing
• Others
Key Companies covered in this report:
• Mitsubishi Electric Corporation
• Siemens AG
• GE Grid Solutions
• ABB Ltd.
• S&C Electric Company
• Hitachi Ltd.
• Toshiba Corporation
• Hyosung Corporation
• NR Electric Co., Ltd.
• American Superconductor (AMSC)
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Static Synchronous Compensator (STATCOM) revenues in Taiwann market, 2019-2024 (Estimated), ($ millions)
• Key companies Static Synchronous Compensator (STATCOM) revenues share in Taiwann market, 2023 (%)
• Key companies Static Synchronous Compensator (STATCOM) sales in Taiwann market, 2019-2024 (Estimated),
• Key companies Static Synchronous Compensator (STATCOM) sales share in Taiwann market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Taiwann Market Analysis: The report includes Taiwann market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Static Synchronous Compensator (STATCOM) Market
• Overview of the regional outlook of the Static Synchronous Compensator (STATCOM) Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Static Synchronous Compensator (STATCOM) Market
• United States Static Synchronous Compensator (STATCOM) Market
• Japan Static Synchronous Compensator (STATCOM) Market
• Germany Static Synchronous Compensator (STATCOM) Market
• South Korea Static Synchronous Compensator (STATCOM) Market
• Indonesia Static Synchronous Compensator (STATCOM) Market
• Brazil Static Synchronous Compensator (STATCOM) Market
Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.
1.1 Static Synchronous Compensator (STATCOM) Product Introduction
1.2.1 Taiwann Static Synchronous Compensator (STATCOM) Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Low Voltage STATCOM
1.2.3 High Voltage STATCOM
1.3.1 Taiwan Static Synchronous Compensator (STATCOM) Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Renewable Energy
1.3.3 Electric Utilities
1.3.4 Industrial & Manufacturing
1.3.5 Others
1.4 Taiwan Static Synchronous Compensator (STATCOM) Sales Estimates and Forecasts 2019-2030
1.5 Taiwan Static Synchronous Compensator (STATCOM) Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 Taiwan Static Synchronous Compensator (STATCOM) Sales by Manufacturers
2.1.1 Taiwan Static Synchronous Compensator (STATCOM) Sales by Manufacturers (2019-2024)
2.1.2 Taiwan Static Synchronous Compensator (STATCOM) Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Static Synchronous Compensator (STATCOM) in 2023 in Taiwan
2.2 Taiwan Static Synchronous Compensator (STATCOM) Revenue by Manufacturers
2.2.1 Taiwan Static Synchronous Compensator (STATCOM) Revenue by Manufacturers (2019-2024)
2.2.2 Taiwan Static Synchronous Compensator (STATCOM) Revenue Market Share by Manufacturers (2019-2024)
2.2.3 Taiwan Top Companies by Static Synchronous Compensator (STATCOM) Revenue in 2023
2.3 Taiwan Static Synchronous Compensator (STATCOM) Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 Taiwan Static Synchronous Compensator (STATCOM) by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 Taiwan Static Synchronous Compensator (STATCOM) Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Static Synchronous Compensator (STATCOM) Market Size by Region: 2019-2030
3.1.1 Taiwan Static Synchronous Compensator (STATCOM) Sales by Region: 2019-2024
3.1.2 Taiwan Static Synchronous Compensator (STATCOM) Sales Forecast by Region (2025-2030)
3.1.3 Taiwan Static Synchronous Compensator (STATCOM) Revenue by Region: 2019-2024
3.1.4 Taiwan Static Synchronous Compensator (STATCOM) Revenue Forecast by Region (2025-2030)
4.1 Taiwan Static Synchronous Compensator (STATCOM) Sales by Type
4.1.1 Taiwan Static Synchronous Compensator (STATCOM) Historical Sales by Type (2019-2024)
4.1.2 Taiwan Static Synchronous Compensator (STATCOM) Forecasted Sales by Type (2025-2030)
4.1.3 Taiwan Static Synchronous Compensator (STATCOM) Sales Market Share by Type (2019-2030)
4.2 Taiwan Static Synchronous Compensator (STATCOM) Revenue by Type
4.2.1 Taiwan Static Synchronous Compensator (STATCOM) Historical Revenue by Type (2019-2024)
4.2.2 Taiwan Static Synchronous Compensator (STATCOM) Forecasted Revenue by Type (2025-2030)
4.2.3 Taiwan Static Synchronous Compensator (STATCOM) Revenue Market Share by Type (2019-2030)
4.3 Taiwan Static Synchronous Compensator (STATCOM) Price by Type
4.3.1 Taiwan Static Synchronous Compensator (STATCOM) Price by Type (2019-2024)
4.3.2 Taiwan Static Synchronous Compensator (STATCOM) Price Forecast by Type (2025-2030)
5.1 Taiwan Static Synchronous Compensator (STATCOM) Sales by Application
5.1.1 Taiwan Static Synchronous Compensator (STATCOM) Historical Sales by Application (2019-2024)
5.1.2 Taiwan Static Synchronous Compensator (STATCOM) Forecasted Sales by Application (2025-2030)
5.1.3 Taiwan Static Synchronous Compensator (STATCOM) Sales Market Share by Application (2019-2030)
5.2 Taiwan Static Synchronous Compensator (STATCOM) Revenue by Application
5.2.1 Taiwan Static Synchronous Compensator (STATCOM) Historical Revenue by Application (2019-2024)
5.2.2 Taiwan Static Synchronous Compensator (STATCOM) Forecasted Revenue by Application (2025-2030)
5.2.3 Taiwan Static Synchronous Compensator (STATCOM) Revenue Market Share by Application (2019-2030)
5.3 Taiwan Static Synchronous Compensator (STATCOM) Price by Application
5.3.1 Taiwan Static Synchronous Compensator (STATCOM) Price by Application (2019-2024)
5.3.2 Taiwan Static Synchronous Compensator (STATCOM) Price Forecast by Application (2025-2030)
6.1 Mitsubishi Electric Corporation
6.1.1 Mitsubishi Electric Corporation Corporation Information
6.1.2 Mitsubishi Electric Corporation Overview
6.1.3 Mitsubishi Electric Corporation in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Mitsubishi Electric Corporation Static Synchronous Compensator (STATCOM) Product Introduction
6.1.5 Mitsubishi Electric Corporation Recent Developments
6.2 Siemens AG
6.2.1 Siemens AG Corporation Information
6.2.2 Siemens AG Overview
6.2.3 Siemens AG in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Siemens AG Static Synchronous Compensator (STATCOM) Product Introduction
6.2.5 Siemens AG Recent Developments
6.3 GE Grid Solutions
6.3.1 GE Grid Solutions Corporation Information
6.3.2 GE Grid Solutions Overview
6.3.3 GE Grid Solutions in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 GE Grid Solutions Static Synchronous Compensator (STATCOM) Product Introduction
6.3.5 GE Grid Solutions Recent Developments
6.4 ABB Ltd.
6.4.1 ABB Ltd. Corporation Information
6.4.2 ABB Ltd. Overview
6.4.3 ABB Ltd. in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 ABB Ltd. Static Synchronous Compensator (STATCOM) Product Introduction
6.4.5 ABB Ltd. Recent Developments
6.5 S&C Electric Company
6.5.1 S&C Electric Company Corporation Information
6.5.2 S&C Electric Company Overview
6.5.3 S&C Electric Company in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 S&C Electric Company Static Synchronous Compensator (STATCOM) Product Introduction
6.5.5 S&C Electric Company Recent Developments
6.6 Hitachi Ltd.
6.6.1 Hitachi Ltd. Corporation Information
6.6.2 Hitachi Ltd. Overview
6.6.3 Hitachi Ltd. in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Hitachi Ltd. Static Synchronous Compensator (STATCOM) Product Introduction
6.6.5 Hitachi Ltd. Recent Developments
6.7 Toshiba Corporation
6.7.1 Toshiba Corporation Corporation Information
6.7.2 Toshiba Corporation Overview
6.7.3 Toshiba Corporation in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Toshiba Corporation Static Synchronous Compensator (STATCOM) Product Introduction
6.7.5 Toshiba Corporation Recent Developments
6.8 Hyosung Corporation
6.8.1 Hyosung Corporation Corporation Information
6.8.2 Hyosung Corporation Overview
6.8.3 Hyosung Corporation in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Hyosung Corporation Static Synchronous Compensator (STATCOM) Product Introduction
6.8.5 Hyosung Corporation Recent Developments
6.9 NR Electric Co., Ltd.
6.9.1 NR Electric Co., Ltd. Corporation Information
6.9.2 NR Electric Co., Ltd. Overview
6.9.3 NR Electric Co., Ltd. in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4NR Electric Co., Ltd. Static Synchronous Compensator (STATCOM) Product Introduction
6.9.5 NR Electric Co., Ltd. Recent Developments
6.10 American Superconductor (AMSC)
6.10.1 American Superconductor (AMSC) Corporation Information
6.10.2 American Superconductor (AMSC) Overview
6.10.3 American Superconductor (AMSC) in Taiwan: Static Synchronous Compensator (STATCOM) Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 American Superconductor (AMSC) Static Synchronous Compensator (STATCOM) Product Introduction
6.10.5 American Superconductor (AMSC) Recent Developments
7.1 Static Synchronous Compensator (STATCOM) Industry Chain Analysis
7.2 Static Synchronous Compensator (STATCOM) Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Static Synchronous Compensator (STATCOM) Production Mode & Process
7.4 Static Synchronous Compensator (STATCOM) Sales and Marketing
7.4.1 Static Synchronous Compensator (STATCOM) Sales Channels
7.4.2 Static Synchronous Compensator (STATCOM) Distributors
7.5 Static Synchronous Compensator (STATCOM) Customers
8.1.1 Static Synchronous Compensator (STATCOM) Industry Trends
8.1.2 Static Synchronous Compensator (STATCOM) Market Drivers
8.1.3 Static Synchronous Compensator (STATCOM) Market Challenges
8.1.4 Static Synchronous Compensator (STATCOM) Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Frequently Asked Questions ?
