Report Detail
Global Synchronous Condenser Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4653872 |
- 05 December, 2025 |
- Global |
- 88 Pages |
- GIR |
- Energy & Power
According to our (Global Info Research) latest study, the global Synchronous Condenser market size was valued at US$ 187 million in 2024 and is forecast to a readjusted size of USD 237 million by 2031 with a CAGR of 3.5% during review period.
In electrical engineering, a synchronous condenser (sometimes called a synchronous capacitor or synchronous compensator) is a device, identical to a synchronous motor, whose shaft is not connected to anything but spins freely.
Its purpose is not to convert electric power to mechanical power or vice versa, but to adjust conditions on the electric power transmission grid. Its field is controlled by a voltage regulator to either generate or absorb reactive power as needed to adjust the grid"s voltage, or to improve power factor. The condenser’s installation and operation are identical to large electric motors and generators.
The industry"s leading manufacturers are Siemens, Shanghai Electric and Dongfang Electric, which accounted for 16 percent, 27 percent and 26 percent of revenues respectively in 2019.
This report is a detailed and comprehensive analysis for global Synchronous Condenser 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 Synchronous Condenser market size and forecasts, in consumption value ($ Million), sales quantity (M Var), and average selling prices (USD/K Var), 2020-2031
Global Synchronous Condenser market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Var), and average selling prices (USD/K Var), 2020-2031
Global Synchronous Condenser market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Var), and average selling prices (USD/K Var), 2020-2031
Global Synchronous Condenser market shares of main players, shipments in revenue ($ Million), sales quantity (M Var), and ASP (USD/K Var), 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 Synchronous Condenser
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 Synchronous Condenser 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 Siemens, GE, Voith, WEG, Ansaldo Energia, Shanghai Electric, Dongfang Electric, Harbin Electric, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Synchronous Condenser 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
Below 100 M Var
100-200 M Var
Above 200 M Var
Market segment by Application
Transmission System Strength
HVDC Link Support
New Energy
Others
Major players covered
Siemens
GE
Voith
WEG
Ansaldo Energia
Shanghai Electric
Dongfang Electric
Harbin Electric
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 Synchronous Condenser product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Synchronous Condenser, with price, sales quantity, revenue, and global market share of Synchronous Condenser from 2020 to 2025.
Chapter 3, the Synchronous Condenser competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synchronous Condenser 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 Synchronous Condenser 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 Synchronous Condenser.
Chapter 14 and 15, to describe Synchronous Condenser sales channel, distributors, customers, research findings and conclusion.
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 Synchronous Condenser Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Below 100 M Var
- 1.3.3 100-200 M Var
- 1.3.4 Above 200 M Var
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Synchronous Condenser Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Transmission System Strength
- 1.4.3 HVDC Link Support
- 1.4.4 New Energy
- 1.4.5 Others
- 1.5 Global Synchronous Condenser Market Size & Forecast
- 1.5.1 Global Synchronous Condenser Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Synchronous Condenser Sales Quantity (2020-2031)
- 1.5.3 Global Synchronous Condenser Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Siemens
- 2.1.1 Siemens Details
- 2.1.2 Siemens Major Business
- 2.1.3 Siemens Synchronous Condenser Product and Services
- 2.1.4 Siemens Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Siemens Recent Developments/Updates
- 2.2 GE
- 2.2.1 GE Details
- 2.2.2 GE Major Business
- 2.2.3 GE Synchronous Condenser Product and Services
- 2.2.4 GE Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 GE Recent Developments/Updates
- 2.3 Voith
- 2.3.1 Voith Details
- 2.3.2 Voith Major Business
- 2.3.3 Voith Synchronous Condenser Product and Services
- 2.3.4 Voith Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Voith Recent Developments/Updates
- 2.4 WEG
- 2.4.1 WEG Details
- 2.4.2 WEG Major Business
- 2.4.3 WEG Synchronous Condenser Product and Services
- 2.4.4 WEG Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 WEG Recent Developments/Updates
- 2.5 Ansaldo Energia
- 2.5.1 Ansaldo Energia Details
- 2.5.2 Ansaldo Energia Major Business
- 2.5.3 Ansaldo Energia Synchronous Condenser Product and Services
- 2.5.4 Ansaldo Energia Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Ansaldo Energia Recent Developments/Updates
- 2.6 Shanghai Electric
- 2.6.1 Shanghai Electric Details
- 2.6.2 Shanghai Electric Major Business
- 2.6.3 Shanghai Electric Synchronous Condenser Product and Services
- 2.6.4 Shanghai Electric Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Shanghai Electric Recent Developments/Updates
- 2.7 Dongfang Electric
- 2.7.1 Dongfang Electric Details
- 2.7.2 Dongfang Electric Major Business
- 2.7.3 Dongfang Electric Synchronous Condenser Product and Services
- 2.7.4 Dongfang Electric Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Dongfang Electric Recent Developments/Updates
- 2.8 Harbin Electric
- 2.8.1 Harbin Electric Details
- 2.8.2 Harbin Electric Major Business
- 2.8.3 Harbin Electric Synchronous Condenser Product and Services
- 2.8.4 Harbin Electric Synchronous Condenser Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Harbin Electric Recent Developments/Updates
3 Competitive Environment: Synchronous Condenser by Manufacturer
- 3.1 Global Synchronous Condenser Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Synchronous Condenser Revenue by Manufacturer (2020-2025)
- 3.3 Global Synchronous Condenser Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Synchronous Condenser by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Synchronous Condenser Manufacturer Market Share in 2024
- 3.4.3 Top 6 Synchronous Condenser Manufacturer Market Share in 2024
- 3.5 Synchronous Condenser Market: Overall Company Footprint Analysis
- 3.5.1 Synchronous Condenser Market: Region Footprint
- 3.5.2 Synchronous Condenser Market: Company Product Type Footprint
- 3.5.3 Synchronous Condenser 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 Synchronous Condenser Market Size by Region
- 4.1.1 Global Synchronous Condenser Sales Quantity by Region (2020-2031)
- 4.1.2 Global Synchronous Condenser Consumption Value by Region (2020-2031)
- 4.1.3 Global Synchronous Condenser Average Price by Region (2020-2031)
- 4.2 North America Synchronous Condenser Consumption Value (2020-2031)
- 4.3 Europe Synchronous Condenser Consumption Value (2020-2031)
- 4.4 Asia-Pacific Synchronous Condenser Consumption Value (2020-2031)
- 4.5 South America Synchronous Condenser Consumption Value (2020-2031)
- 4.6 Middle East & Africa Synchronous Condenser Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Synchronous Condenser Sales Quantity by Type (2020-2031)
- 5.2 Global Synchronous Condenser Consumption Value by Type (2020-2031)
- 5.3 Global Synchronous Condenser Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Synchronous Condenser Sales Quantity by Application (2020-2031)
- 6.2 Global Synchronous Condenser Consumption Value by Application (2020-2031)
- 6.3 Global Synchronous Condenser Average Price by Application (2020-2031)
7 North America
- 7.1 North America Synchronous Condenser Sales Quantity by Type (2020-2031)
- 7.2 North America Synchronous Condenser Sales Quantity by Application (2020-2031)
- 7.3 North America Synchronous Condenser Market Size by Country
- 7.3.1 North America Synchronous Condenser Sales Quantity by Country (2020-2031)
- 7.3.2 North America Synchronous Condenser 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 Synchronous Condenser Sales Quantity by Type (2020-2031)
- 8.2 Europe Synchronous Condenser Sales Quantity by Application (2020-2031)
- 8.3 Europe Synchronous Condenser Market Size by Country
- 8.3.1 Europe Synchronous Condenser Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Synchronous Condenser 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 Synchronous Condenser Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Synchronous Condenser Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Synchronous Condenser Market Size by Region
- 9.3.1 Asia-Pacific Synchronous Condenser Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Synchronous Condenser 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 Synchronous Condenser Sales Quantity by Type (2020-2031)
- 10.2 South America Synchronous Condenser Sales Quantity by Application (2020-2031)
- 10.3 South America Synchronous Condenser Market Size by Country
- 10.3.1 South America Synchronous Condenser Sales Quantity by Country (2020-2031)
- 10.3.2 South America Synchronous Condenser 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 Synchronous Condenser Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Synchronous Condenser Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Synchronous Condenser Market Size by Country
- 11.3.1 Middle East & Africa Synchronous Condenser Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Synchronous Condenser 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 Synchronous Condenser Market Drivers
- 12.2 Synchronous Condenser Market Restraints
- 12.3 Synchronous Condenser 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 Synchronous Condenser and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Synchronous Condenser
- 13.3 Synchronous Condenser 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 Synchronous Condenser Typical Distributors
- 14.3 Synchronous Condenser Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Synchronous Condenser. Industry analysis & Market Report on Synchronous Condenser is a syndicated market report, published as Global Synchronous Condenser Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Synchronous Condenser market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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