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Global Volt and VAR Systems Market Research Report 2025
Synopsis
Volt and VAR System are the change in line voltage due to reactance elements.It is an important part of the safe, high-quality and economical operation of power grid. It includes hardware, software and services, including smart sensors, voltage regulators, capacitor Banks and so on.
The global Volt and VAR Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Volt and VAR Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Volt and VAR Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Volt and VAR Systems in Electric Utility is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Volt and VAR Systems include ABB, Eaton, GE, Varentec, Schneider Electric, Siemens, Advanced Control Systems, Landis+Gyr and Open Systems International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Volt and VAR Systems, 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 Volt and VAR Systems.
Report Scope
The Volt and VAR Systems market size, estimations, and forecasts are provided in terms of 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 Volt and VAR Systems market comprehensively. Regional market sizes, concerning products by Type, 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 Volt and VAR Systems companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Eaton
GE
Varentec
Schneider Electric
Siemens
Advanced Control Systems
Landis+Gyr
Open Systems International
Utilidata
Beckwith Electric
DC Systems
S&C Electric Company
DVI
Dominion Voltage, Inc.
Gridco Systems
OATI
Segment by Type
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Segment by Application
Electric Utility
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Volt and VAR Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Volt and VAR System are the change in line voltage due to reactance elements.It is an important part of the safe, high-quality and economical operation of power grid. It includes hardware, software and services, including smart sensors, voltage regulators, capacitor Banks and so on.
The global Volt and VAR Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Volt and VAR Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Volt and VAR Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Volt and VAR Systems in Electric Utility is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Volt and VAR Systems include ABB, Eaton, GE, Varentec, Schneider Electric, Siemens, Advanced Control Systems, Landis+Gyr and Open Systems International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Volt and VAR Systems, 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 Volt and VAR Systems.
Report Scope
The Volt and VAR Systems market size, estimations, and forecasts are provided in terms of 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 Volt and VAR Systems market comprehensively. Regional market sizes, concerning products by Type, 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 Volt and VAR Systems companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Eaton
GE
Varentec
Schneider Electric
Siemens
Advanced Control Systems
Landis+Gyr
Open Systems International
Utilidata
Beckwith Electric
DC Systems
S&C Electric Company
DVI
Dominion Voltage, Inc.
Gridco Systems
OATI
Segment by Type
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Segment by Application
Electric Utility
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Volt and VAR Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Volt and VAR Systems Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Volt/VAR Control
1.2.3 Distribution Voltage Optimization
1.2.4 Conservation Voltage Reduction
1.2.5 Distribution Volt/VAR Control
1.2.6 Others
1.3 Market by Application
1.3.1 Global Volt and VAR Systems Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Electric Utility
1.3.3 Industrial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Volt and VAR Systems Market Perspective (2019-2030)
2.2 Volt and VAR Systems Growth Trends by Region
2.2.1 Global Volt and VAR Systems Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Volt and VAR Systems Historic Market Size by Region (2019-2024)
2.2.3 Volt and VAR Systems Forecasted Market Size by Region (2025-2030)
2.3 Volt and VAR Systems Market Dynamics
2.3.1 Volt and VAR Systems Industry Trends
2.3.2 Volt and VAR Systems Market Drivers
2.3.3 Volt and VAR Systems Market Challenges
2.3.4 Volt and VAR Systems Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Volt and VAR Systems Players by Revenue
3.1.1 Global Top Volt and VAR Systems Players by Revenue (2019-2024)
3.1.2 Global Volt and VAR Systems Revenue Market Share by Players (2019-2024)
3.2 Global Volt and VAR Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Volt and VAR Systems Revenue
3.4 Global Volt and VAR Systems Market Concentration Ratio
3.4.1 Global Volt and VAR Systems Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Volt and VAR Systems Revenue in 2023
3.5 Volt and VAR Systems Key Players Head office and Area Served
3.6 Key Players Volt and VAR Systems Product Solution and Service
3.7 Date of Enter into Volt and VAR Systems Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Volt and VAR Systems Breakdown Data by Type
4.1 Global Volt and VAR Systems Historic Market Size by Type (2019-2024)
4.2 Global Volt and VAR Systems Forecasted Market Size by Type (2025-2030)
5 Volt and VAR Systems Breakdown Data by Application
5.1 Global Volt and VAR Systems Historic Market Size by Application (2019-2024)
5.2 Global Volt and VAR Systems Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Volt and VAR Systems Market Size (2019-2030)
6.2 North America Volt and VAR Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Volt and VAR Systems Market Size by Country (2019-2024)
6.4 North America Volt and VAR Systems Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Volt and VAR Systems Market Size (2019-2030)
7.2 Europe Volt and VAR Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Volt and VAR Systems Market Size by Country (2019-2024)
7.4 Europe Volt and VAR Systems Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Volt and VAR Systems Market Size (2019-2030)
8.2 Asia-Pacific Volt and VAR Systems Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Volt and VAR Systems Market Size by Region (2019-2024)
8.4 Asia-Pacific Volt and VAR Systems Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Volt and VAR Systems Market Size (2019-2030)
9.2 Latin America Volt and VAR Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Volt and VAR Systems Market Size by Country (2019-2024)
9.4 Latin America Volt and VAR Systems Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Volt and VAR Systems Market Size (2019-2030)
10.2 Middle East & Africa Volt and VAR Systems Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Volt and VAR Systems Market Size by Country (2019-2024)
10.4 Middle East & Africa Volt and VAR Systems Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Volt and VAR Systems Introduction
11.1.4 ABB Revenue in Volt and VAR Systems Business (2019-2024)
11.1.5 ABB Recent Development
11.2 Eaton
11.2.1 Eaton Company Detail
11.2.2 Eaton Business Overview
11.2.3 Eaton Volt and VAR Systems Introduction
11.2.4 Eaton Revenue in Volt and VAR Systems Business (2019-2024)
11.2.5 Eaton Recent Development
11.3 GE
11.3.1 GE Company Detail
11.3.2 GE Business Overview
11.3.3 GE Volt and VAR Systems Introduction
11.3.4 GE Revenue in Volt and VAR Systems Business (2019-2024)
11.3.5 GE Recent Development
11.4 Varentec
11.4.1 Varentec Company Detail
11.4.2 Varentec Business Overview
11.4.3 Varentec Volt and VAR Systems Introduction
11.4.4 Varentec Revenue in Volt and VAR Systems Business (2019-2024)
11.4.5 Varentec Recent Development
11.5 Schneider Electric
11.5.1 Schneider Electric Company Detail
11.5.2 Schneider Electric Business Overview
11.5.3 Schneider Electric Volt and VAR Systems Introduction
11.5.4 Schneider Electric Revenue in Volt and VAR Systems Business (2019-2024)
11.5.5 Schneider Electric Recent Development
11.6 Siemens
11.6.1 Siemens Company Detail
11.6.2 Siemens Business Overview
11.6.3 Siemens Volt and VAR Systems Introduction
11.6.4 Siemens Revenue in Volt and VAR Systems Business (2019-2024)
11.6.5 Siemens Recent Development
11.7 Advanced Control Systems
11.7.1 Advanced Control Systems Company Detail
11.7.2 Advanced Control Systems Business Overview
11.7.3 Advanced Control Systems Volt and VAR Systems Introduction
11.7.4 Advanced Control Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.7.5 Advanced Control Systems Recent Development
11.8 Landis+Gyr
11.8.1 Landis+Gyr Company Detail
11.8.2 Landis+Gyr Business Overview
11.8.3 Landis+Gyr Volt and VAR Systems Introduction
11.8.4 Landis+Gyr Revenue in Volt and VAR Systems Business (2019-2024)
11.8.5 Landis+Gyr Recent Development
11.9 Open Systems International
11.9.1 Open Systems International Company Detail
11.9.2 Open Systems International Business Overview
11.9.3 Open Systems International Volt and VAR Systems Introduction
11.9.4 Open Systems International Revenue in Volt and VAR Systems Business (2019-2024)
11.9.5 Open Systems International Recent Development
11.10 Utilidata
11.10.1 Utilidata Company Detail
11.10.2 Utilidata Business Overview
11.10.3 Utilidata Volt and VAR Systems Introduction
11.10.4 Utilidata Revenue in Volt and VAR Systems Business (2019-2024)
11.10.5 Utilidata Recent Development
11.11 Beckwith Electric
11.11.1 Beckwith Electric Company Detail
11.11.2 Beckwith Electric Business Overview
11.11.3 Beckwith Electric Volt and VAR Systems Introduction
11.11.4 Beckwith Electric Revenue in Volt and VAR Systems Business (2019-2024)
11.11.5 Beckwith Electric Recent Development
11.12 DC Systems
11.12.1 DC Systems Company Detail
11.12.2 DC Systems Business Overview
11.12.3 DC Systems Volt and VAR Systems Introduction
11.12.4 DC Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.12.5 DC Systems Recent Development
11.13 S&C Electric Company
11.13.1 S&C Electric Company Company Detail
11.13.2 S&C Electric Company Business Overview
11.13.3 S&C Electric Company Volt and VAR Systems Introduction
11.13.4 S&C Electric Company Revenue in Volt and VAR Systems Business (2019-2024)
11.13.5 S&C Electric Company Recent Development
11.14 DVI
11.14.1 DVI Company Detail
11.14.2 DVI Business Overview
11.14.3 DVI Volt and VAR Systems Introduction
11.14.4 DVI Revenue in Volt and VAR Systems Business (2019-2024)
11.14.5 DVI Recent Development
11.15 Dominion Voltage, Inc.
11.15.1 Dominion Voltage, Inc. Company Detail
11.15.2 Dominion Voltage, Inc. Business Overview
11.15.3 Dominion Voltage, Inc. Volt and VAR Systems Introduction
11.15.4 Dominion Voltage, Inc. Revenue in Volt and VAR Systems Business (2019-2024)
11.15.5 Dominion Voltage, Inc. Recent Development
11.16 Gridco Systems
11.16.1 Gridco Systems Company Detail
11.16.2 Gridco Systems Business Overview
11.16.3 Gridco Systems Volt and VAR Systems Introduction
11.16.4 Gridco Systems Revenue in Volt and VAR Systems Business (2019-2024)
11.16.5 Gridco Systems Recent Development
11.17 OATI
11.17.1 OATI Company Detail
11.17.2 OATI Business Overview
11.17.3 OATI Volt and VAR Systems Introduction
11.17.4 OATI Revenue in Volt and VAR Systems Business (2019-2024)
11.17.5 OATI Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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