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Global TCR Static Var Compensator (SVC) Market Research Report 2025
Synopsis
A static VAR compensator (SVC) is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear). Prior to the invention of the SVC, power factor compensation was the preserve of large rotating machines such as synchronous condensers or switched capacitor banks. TCR Static Var Compensator (SVC) is a kind of SVC.
The global TCR Static Var Compensator (SVC) market was valued at US$ 697 million in 2023 and is anticipated to reach US$ 1011.6 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
In Chinese market, TCR Type Static VAR Compensator key players include NR Electric, Rongxin Power Electronic, Taikai Power Electronic, Liaoning Lide Investment Holding Group, CRERT, etc. The top five manufacturers hold a share over 40%. North China and South China is the largest market, both with a share over 25%. In terms of product, Voltage Between 30kV and 40kV is the largest segment, with a share about 50%. And in terms of application, the largest application is Electrified Wire Netting, followed by Metallurgy & Steel.
This report aims to provide a comprehensive presentation of the global market for TCR Static Var Compensator (SVC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding TCR Static Var Compensator (SVC).
Report Scope
The TCR Static Var Compensator (SVC) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global TCR Static Var Compensator (SVC) market comprehensively. Regional market sizes, concerning products by Voltage, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the TCR Static Var Compensator (SVC) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Voltage, by Application, and by regions.
Market Segmentation
By Company
Taikai Power Electronic
NR Electric
CRERT
Guirong Xieping
Rongxin Power Electronic
Liaoning Lide Investment Holding Group
Segment by Voltage
Voltage: 0kV - 6kV
Voltage: 6kV - 10kV
Voltage: 10kV - 20kV
Voltage: 20kV - 30kV
Voltage: 30kV - 40kV
Other
Segment by Application
Electrical Grid
Metallurgy & Steel
Mining
New Energy
Chemical
Transport
Other
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Voltage, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of TCR Static Var Compensator (SVC) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of TCR Static Var Compensator (SVC) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of TCR Static Var Compensator (SVC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Voltage, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A static VAR compensator (SVC) is a set of electrical devices for providing fast-acting reactive power on high-voltage electricity transmission networks. SVCs are part of the Flexible AC transmission system device family, regulating voltage, power factor, harmonics and stabilizing the system. A static VAR compensator has no significant moving parts (other than internal switchgear). Prior to the invention of the SVC, power factor compensation was the preserve of large rotating machines such as synchronous condensers or switched capacitor banks. TCR Static Var Compensator (SVC) is a kind of SVC.
The global TCR Static Var Compensator (SVC) market was valued at US$ 697 million in 2023 and is anticipated to reach US$ 1011.6 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
In Chinese market, TCR Type Static VAR Compensator key players include NR Electric, Rongxin Power Electronic, Taikai Power Electronic, Liaoning Lide Investment Holding Group, CRERT, etc. The top five manufacturers hold a share over 40%. North China and South China is the largest market, both with a share over 25%. In terms of product, Voltage Between 30kV and 40kV is the largest segment, with a share about 50%. And in terms of application, the largest application is Electrified Wire Netting, followed by Metallurgy & Steel.
This report aims to provide a comprehensive presentation of the global market for TCR Static Var Compensator (SVC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding TCR Static Var Compensator (SVC).
Report Scope
The TCR Static Var Compensator (SVC) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global TCR Static Var Compensator (SVC) market comprehensively. Regional market sizes, concerning products by Voltage, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the TCR Static Var Compensator (SVC) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Voltage, by Application, and by regions.
Market Segmentation
By Company
Taikai Power Electronic
NR Electric
CRERT
Guirong Xieping
Rongxin Power Electronic
Liaoning Lide Investment Holding Group
Segment by Voltage
Voltage: 0kV - 6kV
Voltage: 6kV - 10kV
Voltage: 10kV - 20kV
Voltage: 20kV - 30kV
Voltage: 30kV - 40kV
Other
Segment by Application
Electrical Grid
Metallurgy & Steel
Mining
New Energy
Chemical
Transport
Other
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Voltage, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of TCR Static Var Compensator (SVC) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of TCR Static Var Compensator (SVC) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of TCR Static Var Compensator (SVC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Voltage, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 TCR Static Var Compensator (SVC) Market Overview
1.1 Product Definition
1.2 TCR Static Var Compensator (SVC) Segment by Voltage
1.2.1 Global TCR Static Var Compensator (SVC) Market Value Growth Rate Analysis by Voltage 2023 VS 2030
1.2.2 Voltage: 0kV - 6kV
1.2.3 Voltage: 6kV - 10kV
1.2.4 Voltage: 10kV - 20kV
1.2.5 Voltage: 20kV - 30kV
1.2.6 Voltage: 30kV - 40kV
1.2.7 Other
1.3 TCR Static Var Compensator (SVC) Segment by Application
1.3.1 Global TCR Static Var Compensator (SVC) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Electrical Grid
1.3.3 Metallurgy & Steel
1.3.4 Mining
1.3.5 New Energy
1.3.6 Chemical
1.3.7 Transport
1.3.8 Other
1.4 Global Market Growth Prospects
1.4.1 Global TCR Static Var Compensator (SVC) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global TCR Static Var Compensator (SVC) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global TCR Static Var Compensator (SVC) Production Estimates and Forecasts (2019-2030)
1.4.4 Global TCR Static Var Compensator (SVC) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global TCR Static Var Compensator (SVC) Production Market Share by Manufacturers (2019-2024)
2.2 Global TCR Static Var Compensator (SVC) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of TCR Static Var Compensator (SVC), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global TCR Static Var Compensator (SVC) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global TCR Static Var Compensator (SVC) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of TCR Static Var Compensator (SVC), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of TCR Static Var Compensator (SVC), Product Offered and Application
2.8 Global Key Manufacturers of TCR Static Var Compensator (SVC), Date of Enter into This Industry
2.9 TCR Static Var Compensator (SVC) Market Competitive Situation and Trends
2.9.1 TCR Static Var Compensator (SVC) Market Concentration Rate
2.9.2 Global 5 and 10 Largest TCR Static Var Compensator (SVC) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 TCR Static Var Compensator (SVC) Production by Region
3.1 Global TCR Static Var Compensator (SVC) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global TCR Static Var Compensator (SVC) Production Value by Region (2019-2030)
3.2.1 Global TCR Static Var Compensator (SVC) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of TCR Static Var Compensator (SVC) by Region (2025-2030)
3.3 Global TCR Static Var Compensator (SVC) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global TCR Static Var Compensator (SVC) Production by Region (2019-2030)
3.4.1 Global TCR Static Var Compensator (SVC) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of TCR Static Var Compensator (SVC) by Region (2025-2030)
3.5 Global TCR Static Var Compensator (SVC) Market Price Analysis by Region (2019-2024)
3.6 Global TCR Static Var Compensator (SVC) Production and Value, Year-over-Year Growth
3.6.1 North America TCR Static Var Compensator (SVC) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe TCR Static Var Compensator (SVC) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China TCR Static Var Compensator (SVC) Production Value Estimates and Forecasts (2019-2030)
4 TCR Static Var Compensator (SVC) Consumption by Region
4.1 Global TCR Static Var Compensator (SVC) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global TCR Static Var Compensator (SVC) Consumption by Region (2019-2030)
4.2.1 Global TCR Static Var Compensator (SVC) Consumption by Region (2019-2024)
4.2.2 Global TCR Static Var Compensator (SVC) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America TCR Static Var Compensator (SVC) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America TCR Static Var Compensator (SVC) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe TCR Static Var Compensator (SVC) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe TCR Static Var Compensator (SVC) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific TCR Static Var Compensator (SVC) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific TCR Static Var Compensator (SVC) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa TCR Static Var Compensator (SVC) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa TCR Static Var Compensator (SVC) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Voltage
5.1 Global TCR Static Var Compensator (SVC) Production by Voltage (2019-2030)
5.1.1 Global TCR Static Var Compensator (SVC) Production by Voltage (2019-2024)
5.1.2 Global TCR Static Var Compensator (SVC) Production by Voltage (2025-2030)
5.1.3 Global TCR Static Var Compensator (SVC) Production Market Share by Voltage (2019-2030)
5.2 Global TCR Static Var Compensator (SVC) Production Value by Voltage (2019-2030)
5.2.1 Global TCR Static Var Compensator (SVC) Production Value by Voltage (2019-2024)
5.2.2 Global TCR Static Var Compensator (SVC) Production Value by Voltage (2025-2030)
5.2.3 Global TCR Static Var Compensator (SVC) Production Value Market Share by Voltage (2019-2030)
5.3 Global TCR Static Var Compensator (SVC) Price by Voltage (2019-2030)
6 Segment by Application
6.1 Global TCR Static Var Compensator (SVC) Production by Application (2019-2030)
6.1.1 Global TCR Static Var Compensator (SVC) Production by Application (2019-2024)
6.1.2 Global TCR Static Var Compensator (SVC) Production by Application (2025-2030)
6.1.3 Global TCR Static Var Compensator (SVC) Production Market Share by Application (2019-2030)
6.2 Global TCR Static Var Compensator (SVC) Production Value by Application (2019-2030)
6.2.1 Global TCR Static Var Compensator (SVC) Production Value by Application (2019-2024)
6.2.2 Global TCR Static Var Compensator (SVC) Production Value by Application (2025-2030)
6.2.3 Global TCR Static Var Compensator (SVC) Production Value Market Share by Application (2019-2030)
6.3 Global TCR Static Var Compensator (SVC) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Taikai Power Electronic
7.1.1 Taikai Power Electronic TCR Static Var Compensator (SVC) Corporation Information
7.1.2 Taikai Power Electronic TCR Static Var Compensator (SVC) Product Portfolio
7.1.3 Taikai Power Electronic TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Taikai Power Electronic Main Business and Markets Served
7.1.5 Taikai Power Electronic Recent Developments/Updates
7.2 NR Electric
7.2.1 NR Electric TCR Static Var Compensator (SVC) Corporation Information
7.2.2 NR Electric TCR Static Var Compensator (SVC) Product Portfolio
7.2.3 NR Electric TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 NR Electric Main Business and Markets Served
7.2.5 NR Electric Recent Developments/Updates
7.3 CRERT
7.3.1 CRERT TCR Static Var Compensator (SVC) Corporation Information
7.3.2 CRERT TCR Static Var Compensator (SVC) Product Portfolio
7.3.3 CRERT TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 CRERT Main Business and Markets Served
7.3.5 CRERT Recent Developments/Updates
7.4 Guirong Xieping
7.4.1 Guirong Xieping TCR Static Var Compensator (SVC) Corporation Information
7.4.2 Guirong Xieping TCR Static Var Compensator (SVC) Product Portfolio
7.4.3 Guirong Xieping TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Guirong Xieping Main Business and Markets Served
7.4.5 Guirong Xieping Recent Developments/Updates
7.5 Rongxin Power Electronic
7.5.1 Rongxin Power Electronic TCR Static Var Compensator (SVC) Corporation Information
7.5.2 Rongxin Power Electronic TCR Static Var Compensator (SVC) Product Portfolio
7.5.3 Rongxin Power Electronic TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rongxin Power Electronic Main Business and Markets Served
7.5.5 Rongxin Power Electronic Recent Developments/Updates
7.6 Liaoning Lide Investment Holding Group
7.6.1 Liaoning Lide Investment Holding Group TCR Static Var Compensator (SVC) Corporation Information
7.6.2 Liaoning Lide Investment Holding Group TCR Static Var Compensator (SVC) Product Portfolio
7.6.3 Liaoning Lide Investment Holding Group TCR Static Var Compensator (SVC) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Liaoning Lide Investment Holding Group Main Business and Markets Served
7.6.5 Liaoning Lide Investment Holding Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 TCR Static Var Compensator (SVC) Industry Chain Analysis
8.2 TCR Static Var Compensator (SVC) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 TCR Static Var Compensator (SVC) Production Mode & Process
8.4 TCR Static Var Compensator (SVC) Sales and Marketing
8.4.1 TCR Static Var Compensator (SVC) Sales Channels
8.4.2 TCR Static Var Compensator (SVC) Distributors
8.5 TCR Static Var Compensator (SVC) Customers
9 TCR Static Var Compensator (SVC) Market Dynamics
9.1 TCR Static Var Compensator (SVC) Industry Trends
9.2 TCR Static Var Compensator (SVC) Market Drivers
9.3 TCR Static Var Compensator (SVC) Market Challenges
9.4 TCR Static Var Compensator (SVC) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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