List of Figures

FIGURE 1 HYDROGEN-COOLED SEGMENT IS EXPECTED TO LEAD THE SYNCHRONOUS CONDENSER MARKET, BY COOLING TYPE, DURING THE FORECAST PERIOD 21
FIGURE 2 STATIC FREQUENCY CONVERTER SEGMENT IS EXPECTED TO LEAD THE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, DURING THE FORECAST PERIOD 22
FIGURE 3 ABOVE 200 MVAR SEGMENT IS EXPECTED TO LEAD THE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING (MVAR), DURING THE FORECAST PERIOD 22
FIGURE 4 ELECTRICAL UTILITIES SEGMENT IS EXPECTED TO LEAD THE SYNCHRONOUS CONDENSER MARKET, BY END-USER, DURING THE FORECAST PERIOD 23
FIGURE 5 NEW SYNCHRONOUS CONDENSER SEGMENT IS EXPECTED TO LEAD THE SYNCHRONOUS CONDENSER MARKET, BY TYPE, DURING THE FORECAST PERIOD 23
FIGURE 6 NORTH AMERICA IS EXPECTED TO DOMINATE THE SYNCHRONOUS CONDENSER MARKET, BY REGION, IN TERMS OF CAGR (2019–2024) 24
FIGURE 7 GOVERNMENT INITIATIVES TO REPLACE FOSSIL FUELS & NUCLEAR POWER GENERATION CAPACITY WITH RENEWABLES AND GROWING NEED FOR POWER FACTOR CORRECTION ARE EXPECTED TO DRIVE THE SYNCHRONOUS CONDENSER MARKET, 2019–2024 25
FIGURE 8 NORTH AMERICAN SYNCHRONOUS CONDENSER MARKET, BY REGION, IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 26
FIGURE 9 HYDROGEN-COOLED SEGMENT DOMINATED THE SYNCHRONOUS CONDENSER MARKET, BY COOLING TYPE, IN 2018 26
FIGURE 10 STATIC FREQUENCY CONVERTER SEGMENT DOMINATED THE SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD, IN 2018 27
FIGURE 11 NEW SYNCHRONOUS CONDENSER SEGMENT DOMINATED THE SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING (MVAR), IN 2018 27
FIGURE 12 ELECTRICAL UTILITIES SEGMENT DOMINATED THE SYNCHRONOUS CONDENSER MARKET, BY END-USER, IN 2018 28
FIGURE 13 NEW SYNCHRONOUS CONDENSER SEGMENT DOMINATED THE SYNCHRONOUS CONDENSER MARKET, BY TYPE, IN 2018 28
FIGURE 14 SYNCHRONOUS CONDENSER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 29
FIGURE 15 ELECTRICITY MIX (TWH), OECD, 2018 30
FIGURE 16 NEW SYNCHRONOUS CONDENSER SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2018 34
FIGURE 17 HYDROGEN-COOLED SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2018 38
FIGURE 18 STATIC FREQUENCY CONVERTER SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2018 43
FIGURE 19 ABOVE 200 MVAR SYNCHRONOUS CONDENSER SEGMENT ACCOUNTED FOR
THE LARGEST MARKET SHARE IN 2018 48
FIGURE 20 ELECTRICAL UTILITIES SEGMENT ACCOUNTED FOR THE LARGEST MARKET
SHARE IN 2018 53
FIGURE 21 REGIONAL SNAPSHOT: NORTH AMERICAN SYNCHRONOUS CONDENSER MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 57
FIGURE 22 SYNCHRONOUS CONDENSER MARKET SHARE (VALUE), BY REGION, 2018 58
FIGURE 23 NORTH AMERICA: REGIONAL SNAPSHOT 59
FIGURE 24 EUROPE: REGIONAL SNAPSHOT 66
FIGURE 25 KEY DEVELOPMENTS IN THE SYNCHRONOUS CONDENSER MARKET, 2016–2019 83
FIGURE 26 SYNCHRONOUS CONDENSER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 85
FIGURE 27 MARKET SHARE ANALYSIS, 2018 86
FIGURE 28 ABB: COMPANY SNAPSHOT 89
FIGURE 29 SIEMENS: COMPANY SNAPSHOT 93
FIGURE 30 WEG: COMPANY SNAPSHOT 95
FIGURE 31 VOITH GROUP: COMPANY SNAPSHOT 98
FIGURE 32 FUJI ELECTRIC: COMPANY SNAPSHOT 101
FIGURE 33 GE: COMPANY SNAPSHOT 103
FIGURE 34 EATON: COMPANY SNAPSHOT 106
FIGURE 35 ANSALDO ENERGIA: COMPANY SNAPSHOT 112

 

List of Tables

TABLE 1 NUMBER OF UNITS INSTALLED AND PROJECT INVESTMENTS ARE THE DETERMINING FACTORS FOR THE GLOBAL SYNCHRONOUS CONDENSER MARKET 17
TABLE 2 SYNCHRONOUS CONDENSER MARKET SNAPSHOT 20
TABLE 3 COMPARISON BETWEEN SYNCHRONOUS CONDENSER AND ITS ALTERNATIVES 32
TABLE 4 SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 34
TABLE 5 NEW: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 35
TABLE 6 REFURBISHED: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 36
TABLE 7 SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD MILLION) 38
TABLE 8 HYDROGEN-COOLED: SYNCHRONOUS CONDENSER MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 39
TABLE 9 AIR-COOLED: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 40
TABLE 10 WATER-COOLED: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 41
TABLE 11 SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD 2017–2024 (USD MILLION) 43
TABLE 12 STATIC FREQUENCY CONVERTER: SYNCHRONOUS CONDENSER MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 44
TABLE 13 PONY MOTOR: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 45
TABLE 14 OTHERS: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 46
TABLE 15 SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 48
TABLE 16 SYNCHRONOUS CONDENSER MARKET SIZE, BY INERTIA REQUIREMENT 2017–2024 (USD MILLION) 49
TABLE 17 UP TO 100 MVAR: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 49
TABLE 18 100–200 MVAR: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 50
TABLE 19 ABOVE 200 MVAR: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION, 2017–2024 (USD THOUSAND) 51
TABLE 20 SYNCHRONOUS CONDENSER MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 53
TABLE 21 ELECTRICAL UTILITIES: SYNCHRONOUS CONDENSER MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 54
TABLE 22 INDUSTRIES: SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD THOUSAND) 55
TABLE 23 SYNCHRONOUS CONDENSER MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 58
TABLE 24 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE BY COOLING TYPE, 2017–2024 (USD MILLION) 60
TABLE 25 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE BY STARTING METHOD, 2017–2024 (USD THOUSAND) 60
TABLE 26 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND) 61
TABLE 27 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 61
TABLE 28 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 62
TABLE 29 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 62
TABLE 30 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD MILLION) 63
TABLE 31 US: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 63
TABLE 32 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD THOUSAND) 64
TABLE 33 CANADA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 65
TABLE 34 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD MILLION) 66
TABLE 35 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2017–2024 (USD MILLION) 67
TABLE 36 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 67
TABLE 37 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 68
TABLE 38 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 68
TABLE 39 EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 69
TABLE 40 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD THOUSAND) 69
TABLE 41 ITALY: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 70
TABLE 42 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD MILLION) 70
TABLE 43 GERMANY: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 71
TABLE 44 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD MILLION) 71
TABLE 45 NORWAY: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 72
TABLE 46 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2017–2024 (USD MILLION) 72
TABLE 47 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD MILLION) 73
TABLE 48 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2017–2024 (USD THOUSAND) 73
TABLE 49 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2017–2024 (USD THOUSAND) 74
TABLE 50 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND) 74
TABLE 51 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 74
TABLE 52 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 75
TABLE 53 SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND) 75
TABLE 54 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD THOUSAND) 76
TABLE 55 BRAZIL: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 76
TABLE 56 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE BY COOLING TYPE, 2017–2024 (USD THOUSAND) 77
TABLE 57 REST OF SOUTH AMERICA: SYNCHRONOUS CONDENSER MARKET SIZE BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 77
TABLE 58 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2017–2024 (USD THOUSAND) 78
TABLE 59 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY STARTING METHOD, 2017–2024 (USD THOUSAND) 78
TABLE 60 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND) 79
TABLE 61 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 79
TABLE 62 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY TYPE, 2017–2024 (USD THOUSAND) 79
TABLE 63 REST OF THE WORLD: SYNCHRONOUS CONDENSER MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND) 80
TABLE 64 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE, 2017–2024 (USD THOUSAND) 81
TABLE 65 AUSTRALIA: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 81
TABLE 66 OTHERS: SYNCHRONOUS CONDENSER MARKET SIZE, BY COOLING TYPE 2017–2024 (USD THOUSAND) 82
TABLE 67 OTHERS: SYNCHRONOUS CONDENSER MARKET SIZE, BY REACTIVE POWER RATING (MVAR), 2017–2024 (USD THOUSAND) 82
TABLE 68 DEVELOPMENTS BY KEY PLAYERS IN THE MARKET, 2016–2019 86