Gate Bipolar Transistors STATCOM Market Forecast 2022-2028 Competitive Landscape, Future Developments, Reviews, SWOT Analysis, Business Opportunities and Challenges

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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.

This report focuses IGBT based STATCOM.
This report contains market size and forecasts of Gate Bipolar Transistors STATCOM in global, including the following market information:
Global Gate Bipolar Transistors STATCOM Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Gate Bipolar Transistors STATCOM Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Gate Bipolar Transistors STATCOM companies in 2021 (%)
The global Gate Bipolar Transistors STATCOM market was valued at 679.3 million in 2021 and is projected to reach US$ 948.3 million by 2028, at a CAGR of 4.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Voltage STATCOM Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Gate Bipolar Transistors STATCOM include ABB, Siemens, Rongxin, Sieyuan Electric, Hitachi, Mitsubishi Electric, S&C Electric, GE and AMSC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gate Bipolar Transistors STATCOM manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Gate Bipolar Transistors STATCOM Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gate Bipolar Transistors STATCOM Market Segment Percentages, by Type, 2021 (%)
– Low Voltage STATCOM
– High Voltage STATCOM
Global Gate Bipolar Transistors STATCOM Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gate Bipolar Transistors STATCOM Market Segment Percentages, by Application, 2021 (%)
– Renewable Energy
– Electric Utilities
– Industrial & Manufacturing
– Others
Global Gate Bipolar Transistors STATCOM Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Gate Bipolar Transistors STATCOM Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gate Bipolar Transistors STATCOM revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Gate Bipolar Transistors STATCOM revenues share in global market, 2021 (%)
Key companies Gate Bipolar Transistors STATCOM sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Gate Bipolar Transistors STATCOM sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– ABB
– Siemens
– Rongxin
– Sieyuan Electric
– Hitachi
– Mitsubishi Electric
– S&C Electric
– GE
– AMSC
– Ingeteam
– Beijing In-power Electric Co., Ltd
– Comsys AB
– Merus Power

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