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Global Series Compensator Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Series Compensator Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Thyristor Controlled Series Compensation
    • 1.3.3 Fixed Series Compensation
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Series Compensator Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Power Grid
    • 1.4.3 Railway Electrification System
  • 1.5 Global Series Compensator Market Size & Forecast
    • 1.5.1 Global Series Compensator Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Series Compensator Sales Quantity (2020-2031)
    • 1.5.3 Global Series Compensator Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Hitachi Energy
    • 2.1.1 Hitachi Energy Details
    • 2.1.2 Hitachi Energy Major Business
    • 2.1.3 Hitachi Energy Series Compensator Product and Services
    • 2.1.4 Hitachi Energy Series Compensator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Hitachi Energy Recent Developments/Updates
  • 2.2 GE Vernova
    • 2.2.1 GE Vernova Details
    • 2.2.2 GE Vernova Major Business
    • 2.2.3 GE Vernova Series Compensator Product and Services
    • 2.2.4 GE Vernova Series Compensator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 GE Vernova Recent Developments/Updates
  • 2.3 NR Electric
    • 2.3.1 NR Electric Details
    • 2.3.2 NR Electric Major Business
    • 2.3.3 NR Electric Series Compensator Product and Services
    • 2.3.4 NR Electric Series Compensator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 NR Electric Recent Developments/Updates
  • 2.4 Rongxin Power Electronic
    • 2.4.1 Rongxin Power Electronic Details
    • 2.4.2 Rongxin Power Electronic Major Business
    • 2.4.3 Rongxin Power Electronic Series Compensator Product and Services
    • 2.4.4 Rongxin Power Electronic Series Compensator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Rongxin Power Electronic Recent Developments/Updates

3 Competitive Environment: Series Compensator by Manufacturer

  • 3.1 Global Series Compensator Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Series Compensator Revenue by Manufacturer (2020-2025)
  • 3.3 Global Series Compensator Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Series Compensator by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Series Compensator Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Series Compensator Manufacturer Market Share in 2024
  • 3.5 Series Compensator Market: Overall Company Footprint Analysis
    • 3.5.1 Series Compensator Market: Region Footprint
    • 3.5.2 Series Compensator Market: Company Product Type Footprint
    • 3.5.3 Series Compensator Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Series Compensator Market Size by Region
    • 4.1.1 Global Series Compensator Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Series Compensator Consumption Value by Region (2020-2031)
    • 4.1.3 Global Series Compensator Average Price by Region (2020-2031)
  • 4.2 North America Series Compensator Consumption Value (2020-2031)
  • 4.3 Europe Series Compensator Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Series Compensator Consumption Value (2020-2031)
  • 4.5 South America Series Compensator Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Series Compensator Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Series Compensator Sales Quantity by Type (2020-2031)
  • 5.2 Global Series Compensator Consumption Value by Type (2020-2031)
  • 5.3 Global Series Compensator Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Series Compensator Sales Quantity by Application (2020-2031)
  • 6.2 Global Series Compensator Consumption Value by Application (2020-2031)
  • 6.3 Global Series Compensator Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Series Compensator Sales Quantity by Type (2020-2031)
  • 7.2 North America Series Compensator Sales Quantity by Application (2020-2031)
  • 7.3 North America Series Compensator Market Size by Country
    • 7.3.1 North America Series Compensator Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Series Compensator Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Series Compensator Sales Quantity by Type (2020-2031)
  • 8.2 Europe Series Compensator Sales Quantity by Application (2020-2031)
  • 8.3 Europe Series Compensator Market Size by Country
    • 8.3.1 Europe Series Compensator Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Series Compensator Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Series Compensator Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Series Compensator Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Series Compensator Market Size by Region
    • 9.3.1 Asia-Pacific Series Compensator Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Series Compensator Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Series Compensator Sales Quantity by Type (2020-2031)
  • 10.2 South America Series Compensator Sales Quantity by Application (2020-2031)
  • 10.3 South America Series Compensator Market Size by Country
    • 10.3.1 South America Series Compensator Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Series Compensator Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Series Compensator Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Series Compensator Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Series Compensator Market Size by Country
    • 11.3.1 Middle East & Africa Series Compensator Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Series Compensator Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Series Compensator Market Drivers
  • 12.2 Series Compensator Market Restraints
  • 12.3 Series Compensator Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Series Compensator and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Series Compensator
  • 13.3 Series Compensator Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Series Compensator Typical Distributors
  • 14.3 Series Compensator Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Series Compensator market size was valued at US$ 309 million in 2024 and is forecast to a readjusted size of USD 442 million by 2031 with a CAGR of 4.9% during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    The series compensation system is device used in power systems, mainly used to improve the transmission capacity of transmission lines, improve the power factor of the power grid, reduce power losses and enhance the stability of the power grid. It adds capacitors or inductors to the transmission lines to change the reactance characteristics of the lines, thereby adjusting the flow of reactive power and achieving the purpose of optimizing the operation of the power system.
    This report is a detailed and comprehensive analysis for global Series Compensator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Series Compensator market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Series Compensator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Series Compensator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Series Compensator market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Series Compensator
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Series Compensator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hitachi Energy, GE Vernova, NR Electric, Rongxin Power Electronic, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Series Compensator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Thyristor Controlled Series Compensation
    Fixed Series Compensation
    Market segment by Application
    Power Grid
    Railway Electrification System
    Major players covered
    Hitachi Energy
    GE Vernova
    NR Electric
    Rongxin Power Electronic
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Series Compensator product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Series Compensator, with price, sales quantity, revenue, and global market share of Series Compensator from 2020 to 2025.
    Chapter 3, the Series Compensator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Series Compensator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Series Compensator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Series Compensator.
    Chapter 14 and 15, to describe Series Compensator sales channel, distributors, customers, research findings and conclusion.

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