Visiongain has published a new report on Static Compensator Market Report 2021-2031: Forecast by Type (Thyristor-based, TCR-FC-TSC, MCR-based), by Component (Power Electronic Device, Harmonic Filter, Thyristor, Capacitor Bank, GIS Switchgear, Phase Shifting Transformer (PST)), by Vertical (Electric Utility, Renewable, Railway, Industrial, Oil & Gas) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Static Compensator Companies AND COVID-19 Recovery Scenarios.

According to Visiongain analysis, global static compensators market is estimated to be valued at US$xx million in 2021 and is projected to reach at a market value of US$xx million by 2031. Global market is expected to grow at a CAGR of xx% during the forecast period 2021-2031.

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With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Static Compensators 2021 to 2031 Market and leading companies. You will find data, trends and predictions.

Are you Ready To Grab the Big Opportunity?
In recent years, battery energy storage (BES) techniques are fast developing due to the advancement of power electronics and battery technology. This leads to their increasing applications in power systems for different objectives. Since the integration of BES into STATCOM enables itself fast active power provision capability, various control strategies have been proposed to improve the stability of power systems.

What’s your business strategy to tackle stiff competition in the static compensators Market?
• GE to scale up power stability through two new agreements with Iraqi Ministry of Electricity. US727 million agreement with GE Renewable Energy’s Grid Solutions business to reinforce Iraq’s transmission network.
• Hitachi ABB Power Grids has signed a definitive agreement to acquire US-based Pioneer Solutions LLC, a provider of industry-leading front-to-back-office Commodities/Energy Trading and Risk Management (C/ETRM) solutions, headquartered in Denver, Colorado, USA.
• Power management company Eaton announced it has signed an agreement to acquire a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures and markets low-voltage circuit breakers and contactors in China, and throughout the Asia-Pacific region.

The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Global Critical Infrastructure Protection (CIP).

Leading Players
• General Electric Company
• Hitachi, Ltd.
• Mitsubishi Electric Corporation
• American Electric Power Company, Inc. (AEP)
• Abb Ltd
• Infineon Technologies AG
• General Dynamics Corporation
• Eaton Corporation Plc (Eaton)
• American Superconductor Corporation (AMSC)
• Siemens AG

The Global Static Compensators Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.