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Synchronous Condenser Market Segmented by Types, Applications, End-users till 2021

The report "Synchronous Condenser Market by Cooling Type (Hydrogen, Air, and Water), Reactive Power Rating (Up to 100 MVAr, 100-200 MVAr, & Above 200 MVAr), Type, Starting Method (Static Frequency Converter, Pony Motor), End User, and Region - Global Forecast to 2021", The synchronous condensers market is expected to grow from an estimated USD 515.3 Million in 2016 to USD 572.9 Million by 2021, at an estimated CAGR of 2.1%. The global market is witnessing significant growth due to increasing renewable power generation, long service life, and rising need for power factor correction.<br>

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Synchronous Condenser Market Segmented by Types, Applications, End-users till 2021

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  1. Synchronous Condenser Market Segmented by Types, Applications, End-users till 2021 www.MarketsandMarkets.com

  2. The report "Synchronous Condenser Market by Cooling Type (Hydrogen, Air, and Water), Reactive Power Rating (Up to 100 MVAr, 100-200 MVAr, & Above 200 MVAr), Type, Starting Method (Static Frequency Converter, Pony Motor), End User, and Region - Global Forecast to 2021", The synchronous condensers market is expected to grow from an estimated USD 515.3 Million in 2016 to USD 572.9 Million by 2021, at an estimated CAGR of 2.1%. The global market is witnessing significant growth due to increasing renewable power generation, long service life, and rising need for power factor correction. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=189197147

  3. Static frequency converter segment is expected to lead synchronous condensers market by starting method Static frequency converters provide superior control for starting synchronous condensers compared with pony motors. Pony motors are preferred for small-sized condensers. Static frequency converters offer better precision and capability to start multiple condensers. Owing to these factors, static frequency converters are expected to lead the market segment and grow at the fastest rate within all the segments. Hydrogen cooling segment is expected to capture the major share of the synchronous condensers market by cooling type Hydrogen-cooled synchronous condenser is the largest segment and is expected to grow faster than other cooling methods. It is the preferred method of cooling employed for medium- to large-sized synchronous condensers. The key driving factor will be installation of medium- to large-sized synchronous condenser units between 100 and 300 MVAr across the regions. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=189197147

  4. Browse >> 71market data tables 47 figures 125 pagesand in-depth TOC on “Concentrating Solar Power Market ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America is expected to dominate the global synchronous condensers market Rising demand for synchronous condensers in Canada, especially new installations and conversion of old power plants to synchronous condensers in the U.S. would drive the synchronous condenser market in North America. Many thermal power plants are being shut down in the U.S. to curb pollution and promote renewable power generation. This is also likely to create a huge demand for synchronous condensers in the region. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Siemens AG (Germany), General Electric (U.S.), Eaton Corporation Plc. (Ireland), ABB Ltd. (Switzerland), and Voith GmbH (Germany) along with other prominent manufacturers of synchronous condensers. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=189197147

  6. Target Audience: • Synchronous condensers manufacturers • Energy consultants • Component suppliers • Utility service providers • Consulting firms • Private equity groups • Research firms and regional energy associations • Government organizations • Investment banks • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=189197147

  7. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • ABB Ltd. • Siemens AG • Eaton Corporation PLC. • General Electric Company • Fuji Electric Co. Ltd. • Toshiba Corporation • Voith GmbH • Hyundai Ideal Electric Co. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=189197147

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

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