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Synchronous Condensers Market worth 572.9 Million USD by 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%.

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Synchronous Condensers Market worth 572.9 Million USD by 2021

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  1. Synchronous Condenser Market by Cooling Type, Reactive Power Rating, Type, Starting Method, End User, and Region - Global Forecast to 2021 www.MarketsandMarkets.com

  2. 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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189197147

  3. 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/requestCustomizationNew.asp?id=189197147

  4. Browse >> 71 marketdata tables 47figures 134 pagesand in-depth TOC on “Synchronous Condensers Market - Global Forecast to 2021” 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. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=189197147

  6. Target Audience: • The target audience of this report includes: • 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/speaktoanalystNew.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 Synchronous Condenser Market. These include • Siemens AG (Germany) • General Electric (U.S.) • Eaton Corporation Plc. (Ireland) • ABB Ltd. (Switzerland) • VoithGmbH (Germany) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.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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