In this report,global Gate Bipolar Transistors STATCOM Market will reach 904.2 Million USD by the end of 2022 with a CAGR of 5.55%
The global Gate Bipolar Transistors STATCOM market is valued at 690.3 Million USD in 2017 and will reach 904.2 Million USD by the end of 2022, growing at a CAGR of 5.55% during 2017-2022.
STATCOM or Static Synchronous Compensator (STATCOM is also called Static Var Generator, SVG) is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. FACTS-based power conversion equipment generally used full-controlled devices, mainly choose GTO, modified GTO (IGBT, MTO, ETO) and (HV) IGBT and other devices.
Gate Bipolar Transistors STATCOM can be divided into two categories--low voltage
STATCOM and high voltage STATCOM. High Voltage STATCOM accounted for the highest proportion, with a figure of 83.96% in 2017 and low voltage STATCOM account for 16.04%.
The consumption market share of global Gate Bipolar Transistors STATCOM in renewable energy, electric utilities, industrial & manufacturing and others has been stable year by year, at 33.70%, 37.98%, 19.72% and 8.60% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Gate Bipolar Transistors STATCOM in the global market tends to be fixed without great changes. Among them, the Gate Bipolar Transistors STATCOM market has the most promising sales prospects in electric utilities.
XYZ research center data shows that Europe is the biggest contributor to the Gate Bipolar Transistors STATCOM revenue market, accounting for 33.26% of the total global market with a revenue of 229.6 million USD in 2017, followed by China, 32.99% with a revenue of 227.7 million USD. China's share of revenue is expected to surpass that of other regions soon because of the price advantages.
ABB is the largest company in the global Gate Bipolar Transistors STATCOM market, accounting for 14.81/% of the revenue market share in 2017, follows by Rongxin and Siemens, accounting for 14.17% and 13.62% of the revenue market share in 2017.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Gate Bipolar Transistors STATCOM for these regions, from 2012 to 2023 (forecast), covering
Global Gate Bipolar Transistors STATCOM market competition by top manufacturers/players, with Gate Bipolar Transistors STATCOM sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Beijing In-power Electric Co., Ltd
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Low Voltage STATCOM
High Voltage STATCOM
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Gate Bipolar Transistors STATCOM for each application, including
Industrial & Manufacturing
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