1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 17
1.1.1 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY COOLING TYPE 18
1.1.2 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING 19
1.1.3 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY TYPE 20
1.1.4 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD 21
1.1.5 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY END USE 22
1.1.6 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY REGION 23
2 MARKET INTRODUCTION
2.1 DEFINITIONS 24
2.2 SCOPE OF THE STUDY 24
2.3 RESEARCH OBJECTIVE 24
2.4 MARKET STRUCTURE 25
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 26
3.2 PRIMARY RESEARCH 27
3.3 SECONDARY RESEARCH 28
3.4 MARKET SIZE ESTIMATION 29
3.5 FORECAST MODEL 30
3.6 LIST OF ASSUMPTIONS 31
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION 35
5.2 DRIVERS 36
5.2.1 INCREASING DEMAND IN THE UTILITIES 36
5.2.2 APPLICATIONS IN RENEWABLE ENERGY 36
5.3 RESTRAINTS 37
5.3.1 HIGH INITIAL COSTS 37
5.4 OPPORTUNITIES 38
5.4.1 INCREASE IN USE OF SYNCHRONOUS CONDENSER IN HVDC SYSTEMS 38
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN ANALYSIS 39
6.1.1 DESIGN & DEVELOPMENT 40
6.1.2 RAW MATERIAL SUPPLY 40
6.1.3 MANUFACTURE & ASSEMBLY 40
6.1.4 SUPPLY & DISTRIBUTION 40
6.1.5 END USE 40
6.2 PORTERโS FIVE FORCES MODEL 41
6.2.1 THREAT OF NEW ENTRANTS 41
6.2.2 BARGAINING POWER OF SUPPLIERS 42
6.2.3 BARGAINING POWER OF BUYERS 42
6.2.4 THREAT OF SUBSTITUTES 42
6.2.5 INTENSITY OF RIVALRY 42
7 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY COOLING TYPE
7.1 OVERVIEW 43
7.2 HYDROGEN 44
7.3 WATER 44
7.4 AIR 44
8 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING
8.1 OVERVIEW 45
8.2 UP TO 100 MVAR 46
8.3 BETWEEN 100 MVARโ200 MVAR 46
8.4 ABOVE 200 MVAR 46
9 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY TYPE
9.1 OVERVIEW 47
9.2 NEW 48
9.3 REFURBISHED 48
10 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD
10.1 OVERVIEW 49
10.2 STATIC FREQUENCY CONVERTER 50
10.3 PONY MOTOR 50
10.4 OTHERS 50
11 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY END USE
11.1 OVERVIEW 51
11.2 ELECTRIC UTILITIES 52
11.3 INDUSTRIES 52
12 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY REGION
12.1 OVERVIEW 53
12.2 NORTH AMERICA 55
12.2.1 US 57
12.2.2 CANADA 59
12.2.3 MEXICO 61
12.3 EUROPE 63
12.3.1 UK 65
12.3.2 GERMANY 67
12.3.3 ITALY 69
12.3.4 REST OF EUROPE 71
12.4 ASIA-PACIFIC 73
12.4.1 CHINA 75
12.4.2 INDIA 77
12.4.3 AUSTRALIA 78
12.4.4 REST OF ASIA-PACIFIC 80
12.5 MIDDLE EAST & AFRICA 83
12.5.1 SAUDI ARABIA 85
12.5.2 QATAR 87
12.5.3 SOUTH AFRICA 89
12.5.4 REST OF MIDDLE EAST & AFRICA 91
12.6 SOUTH AMERICA 93
12.6.1 BRAZIL 95
12.6.2 REST OF SOUTH AMERICA 96
13 COMPETITIVE LANDSCAPE
13.1 COMPETITIVE OVERVIEW 99
13.2 COMPETITIVE BENCHMARKING 100
13.3 MARKET SHARE ANALYSIS 101
14 COMPANY PROFILES
14.1 SIEMENS 102
14.1.1 COMPANY OVERVIEW 102
14.1.2 FINANCIAL OVERVIEW 102
14.1.3 PRODUCTS OFFERED 103
14.1.4 KEY DEVELOPMENTS 103
14.1.5 SWOT ANALYSIS 104
14.1.6 KEY STRATEGIES 104
14.2 EATON 105
14.2.1 COMPANY OVERVIEW 105
14.2.2 FINANCIAL OVERVIEW 105
14.2.3 PRODUCTS OFFERED 106
14.2.4 KEY DEVELOPMENTS 106
14.2.5 SWOT ANALYSIS 106
14.2.6 KEY STRATEGIES 107
14.3 ABB 108
14.3.1 COMPANY OVERVIEW 108
14.3.2 FINANCIAL OVERVIEW 108
14.3.3 PRODUCTS OFFERED 109
14.3.4 KEY DEVELOPMENTS 109
14.3.5 SWOT ANALYSIS 109
14.3.6 KEY STRATEGIES 110
14.4 GENERAL ELECTRIC 111
14.4.1 COMPANY OVERVIEW 111
14.4.2 FINANCIAL OVERVIEW 111
14.4.3 PRODUCTS OFFERED 112
14.4.4 KEY DEVELOPMENTS 112
14.4.5 SWOT ANALYSIS 112
14.4.6 KEY STRATEGIES 113
14.5 VOITH GROUP 114
14.5.1 COMPANY OVERVIEW 114
14.5.2 FINANCIAL OVERVIEW 114
14.5.3 PRODUCTS OFFERED 115
14.5.4 KEY DEVELOPMENTS 115
14.5.5 SWOT ANALYSIS 116
14.5.6 KEY STRATEGIES 116
14.6 SUSTAINABLE POWER SYSTEMS, INC. 117
14.6.1 COMPANY OVERVIEW 117
14.6.2 FINANCIAL OVERVIEW 117
14.6.3 PRODUCTS OFFERED 117
14.6.4 KEY DEVELOPMENTS 117
14.7 ELECTROMECHANICAL ENGINEERING ASSOCIATES, INC. 118
14.7.1 COMPANY OVERVIEW 118
14.7.2 FINANCIAL OVERVIEW 118
14.7.3 PRODUCTS OFFERED 118
14.7.4 KEY DEVELOPMENTS 118
14.8 TOSHIBA CORPORATION 119
14.8.1 COMPANY OVERVIEW 119
14.8.2 FINANCIAL OVERVIEW 120
14.8.3 PRODUCTS OFFERED 120
14.8.4 KEY DEVELOPMENTS 120
14.9 WEG 121
14.9.1 COMPANY OVERVIEW 121
14.9.2 FINANCIAL OVERVIEW 121
14.9.3 PRODUCTS OFFERED 122
14.9.4 KEY DEVELOPMENTS 122
14.10 IDEAL ELECTRIC COMPANY 123
14.10.1 COMPANY OVERVIEW 123
14.10.2 FINANCIAL OVERVIEW 123
14.10.3 PRODUCTS OFFERED 123
14.10.4 KEY DEVELOPMENTS 123
14.11 POWER SYSTEMS & CONTROLS, INC. 124
14.11.1 COMPANY OVERVIEW 124
14.11.2 FINANCIAL OVERVIEW 124
14.11.3 PRODUCTS OFFERED 124
14.11.4 KEY DEVELOPMENTS 124
14.12 ANSALDO ENERGIA 125
14.12.1 COMPANY OVERVIEW 125
14.12.2 FINANCIAL OVERVIEW 126
14.12.3 PRODUCTS OFFERED 126
14.12.4 KEY DEVELOPMENTS 126
14.13 ANDRITZ 127
14.13.1 COMPANY OVERVIEW 127
14.13.2 FINANCIAL OVERVIEW 128
14.14 PRODUCTS OFFERED 129
14.14.1 KEY DEVELOPMENT 129
15 LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 27
TABLE 2 LIST OF ASSUMPTIONS 31
TABLE 3 GLOBAL SYNCHRONOUS CONDENSER: MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 44
TABLE 4 GLOBAL SYNCHRONOUS CONDENSER: MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 46
TABLE 5 GLOBAL SYNCHRONOUS CONDENSER: MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 48
TABLE 6 GLOBAL SYNCHRONOUS CONDENSER: MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 50
TABLE 7 GLOBAL SYNCHRONOUS CONDENSER: MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 52
TABLE 8 GLOBAL SYNCHRONOUS CONDENSER MARKET, BY REGION, 2023-2032 (USD MILLION) 54
TABLE 9 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 55
TABLE 10 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032
(USD MILLION) 55
TABLE 11 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING,
2023-2032 (USD MILLION) 56
TABLE 12 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 56
TABLE 13 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032
(USD MILLION) 56
TABLE 14 NORTH AMERICA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 57
TABLE 15 US: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 57
TABLE 16 US: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032 (USD MILLION) 58
TABLE 17 US: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 58
TABLE 18 US: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 58
TABLE 19 US: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 59
TABLE 20 CANADA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 59
TABLE 21 CANADA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 60
TABLE 22 CANADA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 60
TABLE 23 CANADA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 60
TABLE 24 CANADA: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 61
TABLE 25 MEXICO: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 61
TABLE 26 MEXICO: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 61
TABLE 27 MEXICO: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 62
TABLE 28 MEXICO: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 62
TABLE 29 MEXICO: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 62
TABLE 30 EUROPE: SYNCHRONOUS CONDENSER MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 63
TABLE 31 EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 63
TABLE 32 EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 64
TABLE 33 EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 64
TABLE 34 EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 64
TABLE 35 EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 65
TABLE 36 UK: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 65
TABLE 37 UK: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032 (USD MILLION) 66
TABLE 38 UK: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 66
TABLE 39 UK: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 66
TABLE 40 UK: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 67
TABLE 41 GERMANY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 67
TABLE 42 GERMANY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 68
TABLE 43 GERMANY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 68
TABLE 44 GERMANY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 68
TABLE 45 GERMANY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 69
TABLE 46 ITALY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032 (USD MILLION) 69
TABLE 47 ITALY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING, 2023-2032
(USD MILLION) 70
TABLE 48 ITALY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY TYPE, 2023-2032 (USD MILLION) 70
TABLE 49 ITALY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY STARTING METHOD, 2023-2032 (USD MILLION) 70
TABLE 50 ITALY: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY END USE, 2023-2032 (USD MILLION) 71
TABLE 51 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY COOLING TYPE, 2023-2032
(USD MILLION) 71
TABLE 52 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATES & FORECAST, BY REACTIVE POWER RATING,
2023-2032 (USD MILLION) 71
TABLE 53 REST OF EUROPE: SYNCHRONOUS CONDENSER MARKET ESTIMATE