STATCOM UPS Market Analysis, Manufacturing Cost Structure, Growth Opportunities and Restraint 2025


7th September 2018 - The Global STATCOM UPS Market is witnessed a higher CAGR growth in the assessment period. STATCOM is also known as static synchronous compensators (STATCOMs) are an integral part of AC current systems and devices. The fundamental purpose is to enable a fast-acting, accurate and an adjustable proportion of reactive power to the AC power system to the environment under which they are connected. STATCOM gain this by altering the polarity and magnitude of the reactive component of the current flowing via AC side. Therefore, this allows STATCOMs to regulate the direction of flow and amount of reactive power to be swapped with AC power system. Commercially, STATCOM are also used for dynamic power factor in industrial plants that function under large random peaks of reactive power. STATCOMs augment the power factor of the plant, lessening the voltage variations at the input thus minimizing the cost incurred during operations.

        

Driving factors responsible for the growth of STATCOM UPS market includes significant use of STATCOM rise in manufacture due to open market policy, particularly in the APAC sector. Other factors such as inconsistency in energy supply and increasing pressure by the government for energy conservation leads in adoption of STATCOM UPS thus triggering the market growth. Segmentation based on product, the STATCOM UPS industry includes Gate Turn-Off Thyristors (GTO) STATCOM and Insulated Gate Bipolar Transistor (IGBT) Statcom. End-user segmentation for STATCOM UPS market includes automobile industry, power substations, oil & gas and mining.

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Geographical segmentation for STATCOM UPS industry spans North America, South America, Europe, Asia-Pacific, Middle-East and Africa. APAC market witnessed a significant share in the market growth. India and China being the emerging economies account for a larger share in APAC sector. The key players in the STATCOM UPS market include General Electric, Bharat Heavy Electricals Limited (BHEL), ABB India Limited, Schneider Electric, Mitsubishi Electric, Veeral Controls, Signotron India and Power One Micro Systems.

Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of STATCOM UPS in these regions, from 2013 to 2025 (forecast), covering

• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Global STATCOM UPS market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• General Electric
• Bharat Heavy Electricals Limited (BHEL)
• NR Energy Solutions
• ABB India Limited
• Crompton Greaves Limited
• Schneider Electric
• Mitsubishi Electric

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