Global Gate Bipolar Transistors STATCOM Market Insights, Forecast to 2025

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.
Europe is the largest production of Gate Bipolar Transistors STATCOM, with a production revenue market share nearly 44.55% in 2017.
The second place is China; following Europe with the production revenue market share over 18.12% in 2017. The Gate Bipolar Transistors STATCOM price of Chinese producers is generally low.
North America is another important production market of Gate Bipolar Transistors STATCOM.
The Gate Bipolar Transistors STATCOM market was valued at 540 Million US$ in 2018 and is projected to reach 810 Million US$ by 2025, at a CAGR of 5.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Gate Bipolar Transistors STATCOM.

This report presents the worldwide Gate Bipolar Transistors STATCOM market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
ABB
Siemens
Rongxin
Sieyuan Electric
Hitachi
Mitsubishi Electric
S&C Electric
GE
AMSC
Ingeteam
Beijing In-power Electric Co., Ltd
Comsys AB
Merus Power

Gate Bipolar Transistors STATCOM Breakdown Data by Type
Low Voltage STATCOM
High Voltage STATCOM
Gate Bipolar Transistors STATCOM Breakdown Data by Application
Renewable Energy
Electric Utilities
Industrial & Manufacturing
Others

Gate Bipolar Transistors STATCOM Production by Region
United States
Europe
China
Japan
Other Regions

Gate Bipolar Transistors STATCOM Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Gate Bipolar Transistors STATCOM status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Gate Bipolar Transistors STATCOM manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Gate Bipolar Transistors STATCOM :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (M Var). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Gate Bipolar Transistors STATCOM market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions