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Volt & VAR Systems-Global Market Insights and Sales Trends 2025
Synopsis
The volt-var management solution allows reducing energy losses by minimizing reactive power flows, keeping voltages within the limits and reducing peak power by voltage reduction.
The global Volt & VAR Systems market size is expected to reach US$ 1311.3 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Volt & VAR Systems in various end use industries. The expanding demands from the Distribution, Transmission and Generation,, are propelling Volt & VAR Systems market. Volt/VAR Control, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Distribution Voltage Optimization segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Volt & VAR Systems market, driven by demand from China, the second largest economy with some signs of stabilising, the Volt & VAR Systems market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Volt & VAR Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Volt & VAR Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Volt & VAR Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Volt & VAR Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Volt & VAR Systems covered in this report include ABB, Advanced Control Systems, Beckwith Electric, Dominion Voltage, Inc., Eaton (Cooper Power Systems), GE, Gridco Systems, OATI and Open Systems International, etc.
The global Volt & VAR Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Advanced Control Systems
Beckwith Electric
Dominion Voltage, Inc.
Eaton (Cooper Power Systems)
GE
Gridco Systems
OATI
Open Systems International
Schneider Electric
Siemens
Survalent Technology
Utilidata
Varentec
Global Volt & VAR Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Volt & VAR Systems market, Segment by Type:
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Global Volt & VAR Systems market, by Application
Distribution
Transmission
Generation
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Volt & VAR Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Volt & VAR Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The volt-var management solution allows reducing energy losses by minimizing reactive power flows, keeping voltages within the limits and reducing peak power by voltage reduction.
The global Volt & VAR Systems market size is expected to reach US$ 1311.3 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Volt & VAR Systems in various end use industries. The expanding demands from the Distribution, Transmission and Generation,, are propelling Volt & VAR Systems market. Volt/VAR Control, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Distribution Voltage Optimization segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Volt & VAR Systems market, driven by demand from China, the second largest economy with some signs of stabilising, the Volt & VAR Systems market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Volt & VAR Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Volt & VAR Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Volt & VAR Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Volt & VAR Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Volt & VAR Systems covered in this report include ABB, Advanced Control Systems, Beckwith Electric, Dominion Voltage, Inc., Eaton (Cooper Power Systems), GE, Gridco Systems, OATI and Open Systems International, etc.
The global Volt & VAR Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Advanced Control Systems
Beckwith Electric
Dominion Voltage, Inc.
Eaton (Cooper Power Systems)
GE
Gridco Systems
OATI
Open Systems International
Schneider Electric
Siemens
Survalent Technology
Utilidata
Varentec
Global Volt & VAR Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Volt & VAR Systems market, Segment by Type:
Volt/VAR Control
Distribution Voltage Optimization
Conservation Voltage Reduction
Distribution Volt/VAR Control
Others
Global Volt & VAR Systems market, by Application
Distribution
Transmission
Generation
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Volt & VAR Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Volt & VAR Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Volt & VAR Systems Market Overview
1.1 Volt & VAR Systems Product Overview
1.2 Volt & VAR Systems Market Segment by Type
1.2.1 Volt/VAR Control
1.2.2 Distribution Voltage Optimization
1.2.3 Conservation Voltage Reduction
1.2.4 Distribution Volt/VAR Control
1.2.5 Others
1.3 Global Volt & VAR Systems Market Size by Type
1.3.1 Global Volt & VAR Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Volt & VAR Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Volt & VAR Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Volt & VAR Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Volt & VAR Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Volt & VAR Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Volt & VAR Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Volt & VAR Systems Sales Breakdown by Type (2018-2023)
2 Global Volt & VAR Systems Market Competition by Company
2.1 Global Top Players by Volt & VAR Systems Sales (2018-2023)
2.2 Global Top Players by Volt & VAR Systems Revenue (2018-2023)
2.3 Global Top Players by Volt & VAR Systems Price (2018-2023)
2.4 Global Top Manufacturers Volt & VAR Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Volt & VAR Systems Market Competitive Situation and Trends
2.5.1 Volt & VAR Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Volt & VAR Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Volt & VAR Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Volt & VAR Systems Market
2.8 Key Manufacturers Volt & VAR Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Volt & VAR Systems Status and Outlook by Region
3.1 Global Volt & VAR Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Volt & VAR Systems Historic Market Size by Region
3.2.1 Global Volt & VAR Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Volt & VAR Systems Sales in Value by Region (2018-2023)
3.2.3 Global Volt & VAR Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Volt & VAR Systems Forecasted Market Size by Region
3.3.1 Global Volt & VAR Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Volt & VAR Systems Sales in Value by Region (2024-2029)
3.3.3 Global Volt & VAR Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Volt & VAR Systems by Application
4.1 Volt & VAR Systems Market Segment by Application
4.1.1 Distribution
4.1.2 Transmission
4.1.3 Generation
4.2 Global Volt & VAR Systems Market Size by Application
4.2.1 Global Volt & VAR Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Volt & VAR Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Volt & VAR Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Volt & VAR Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Volt & VAR Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Volt & VAR Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Volt & VAR Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Volt & VAR Systems Sales Breakdown by Application (2018-2023)
5 North America Volt & VAR Systems by Country
5.1 North America Volt & VAR Systems Historic Market Size by Country
5.1.1 North America Volt & VAR Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Volt & VAR Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Volt & VAR Systems Sales in Value by Country (2018-2023)
5.2 North America Volt & VAR Systems Forecasted Market Size by Country
5.2.1 North America Volt & VAR Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Volt & VAR Systems Sales in Value by Country (2024-2029)
6 Europe Volt & VAR Systems by Country
6.1 Europe Volt & VAR Systems Historic Market Size by Country
6.1.1 Europe Volt & VAR Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Volt & VAR Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Volt & VAR Systems Sales in Value by Country (2018-2023)
6.2 Europe Volt & VAR Systems Forecasted Market Size by Country
6.2.1 Europe Volt & VAR Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Volt & VAR Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Volt & VAR Systems by Region
7.1 Asia-Pacific Volt & VAR Systems Historic Market Size by Region
7.1.1 Asia-Pacific Volt & VAR Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Volt & VAR Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Volt & VAR Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Volt & VAR Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Volt & VAR Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Volt & VAR Systems Sales in Value by Region (2024-2029)
8 Latin America Volt & VAR Systems by Country
8.1 Latin America Volt & VAR Systems Historic Market Size by Country
8.1.1 Latin America Volt & VAR Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Volt & VAR Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Volt & VAR Systems Sales in Value by Country (2018-2023)
8.2 Latin America Volt & VAR Systems Forecasted Market Size by Country
8.2.1 Latin America Volt & VAR Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Volt & VAR Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Volt & VAR Systems by Country
9.1 Middle East and Africa Volt & VAR Systems Historic Market Size by Country
9.1.1 Middle East and Africa Volt & VAR Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Volt & VAR Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Volt & VAR Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Volt & VAR Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Volt & VAR Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Volt & VAR Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Volt & VAR Systems Products Offered
10.1.5 ABB Recent Development
10.2 Advanced Control Systems
10.2.1 Advanced Control Systems Company Information
10.2.2 Advanced Control Systems Introduction and Business Overview
10.2.3 Advanced Control Systems Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Advanced Control Systems Volt & VAR Systems Products Offered
10.2.5 Advanced Control Systems Recent Development
10.3 Beckwith Electric
10.3.1 Beckwith Electric Company Information
10.3.2 Beckwith Electric Introduction and Business Overview
10.3.3 Beckwith Electric Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Beckwith Electric Volt & VAR Systems Products Offered
10.3.5 Beckwith Electric Recent Development
10.4 Dominion Voltage, Inc.
10.4.1 Dominion Voltage, Inc. Company Information
10.4.2 Dominion Voltage, Inc. Introduction and Business Overview
10.4.3 Dominion Voltage, Inc. Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dominion Voltage, Inc. Volt & VAR Systems Products Offered
10.4.5 Dominion Voltage, Inc. Recent Development
10.5 Eaton (Cooper Power Systems)
10.5.1 Eaton (Cooper Power Systems) Company Information
10.5.2 Eaton (Cooper Power Systems) Introduction and Business Overview
10.5.3 Eaton (Cooper Power Systems) Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Eaton (Cooper Power Systems) Volt & VAR Systems Products Offered
10.5.5 Eaton (Cooper Power Systems) Recent Development
10.6 GE
10.6.1 GE Company Information
10.6.2 GE Introduction and Business Overview
10.6.3 GE Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GE Volt & VAR Systems Products Offered
10.6.5 GE Recent Development
10.7 Gridco Systems
10.7.1 Gridco Systems Company Information
10.7.2 Gridco Systems Introduction and Business Overview
10.7.3 Gridco Systems Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Gridco Systems Volt & VAR Systems Products Offered
10.7.5 Gridco Systems Recent Development
10.8 OATI
10.8.1 OATI Company Information
10.8.2 OATI Introduction and Business Overview
10.8.3 OATI Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 OATI Volt & VAR Systems Products Offered
10.8.5 OATI Recent Development
10.9 Open Systems International
10.9.1 Open Systems International Company Information
10.9.2 Open Systems International Introduction and Business Overview
10.9.3 Open Systems International Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Open Systems International Volt & VAR Systems Products Offered
10.9.5 Open Systems International Recent Development
10.10 Schneider Electric
10.10.1 Schneider Electric Company Information
10.10.2 Schneider Electric Introduction and Business Overview
10.10.3 Schneider Electric Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Schneider Electric Volt & VAR Systems Products Offered
10.10.5 Schneider Electric Recent Development
10.11 Siemens
10.11.1 Siemens Company Information
10.11.2 Siemens Introduction and Business Overview
10.11.3 Siemens Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Siemens Volt & VAR Systems Products Offered
10.11.5 Siemens Recent Development
10.12 Survalent Technology
10.12.1 Survalent Technology Company Information
10.12.2 Survalent Technology Introduction and Business Overview
10.12.3 Survalent Technology Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Survalent Technology Volt & VAR Systems Products Offered
10.12.5 Survalent Technology Recent Development
10.13 Utilidata
10.13.1 Utilidata Company Information
10.13.2 Utilidata Introduction and Business Overview
10.13.3 Utilidata Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Utilidata Volt & VAR Systems Products Offered
10.13.5 Utilidata Recent Development
10.14 Varentec
10.14.1 Varentec Company Information
10.14.2 Varentec Introduction and Business Overview
10.14.3 Varentec Volt & VAR Systems Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Varentec Volt & VAR Systems Products Offered
10.14.5 Varentec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Volt & VAR Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Volt & VAR Systems Industrial Chain Analysis
11.4 Volt & VAR Systems Market Dynamics
11.4.1 Volt & VAR Systems Industry Trends
11.4.2 Volt & VAR Systems Market Drivers
11.4.3 Volt & VAR Systems Market Challenges
11.4.4 Volt & VAR Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Volt & VAR Systems Distributors
12.3 Volt & VAR Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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