Synchronous Condenser Market Outlook for 2023 to 2033

The global synchronous condenser market is likely to capture a valuation of US$ 1,102.90 million in 2023 and reach up to US$ 2,381.08 million by 2033. The global market is anticipated to secure a CAGR of 8.4% during the forecast period.

Rising Utilization of Renewable Energy Drives Synchronous Condenser Market

Grid Stability and Reliability: The increasing demand for voltage stability and power support stimulates the adoption of synchronous condensers. Industries widely adopt synchronous condensers to provide power supply and prevent power outages.

Renewable Energy:The increasing adoption of renewable energy, including solar, wind, and others, is raising the demand for synchronous condensers. These machines enhance power supply with sustainability to end-use industries, which drive market growth.

Grid Infrastructure:Aging infrastructure needs upgradation due to new technologies and modernization, rapidly surging the demand for synchronous condensers. These upgrades improve voltage control power correction and enhance performance, capturing end users' attention.

Regulations:Manufacturers supply power to diverse industries by offering standard grid stability with strict regulations, preferring synchronous condensers.

Industrial and Commercial Demand: The growing consumption of efficient, reliable, and high-quality power to manage operations is raising the demand for synchronous condensers. The commercial and industrial sectors contribute to the market by enhancing demand for high-grid performance condensers to reduce errors and fluctuations.

Developing HVDC Systems: The increasing demand for high-voltage direct current to transmit power and maintain the grid for long areas is surging the adoption of the synchronous condenser.

Technology Advancements: Ongoing advanced technologies are offering cost-effective, more efficient, and reliable solutions, which are significantly booming the global market growth.

Attributes Details
Synchronous Condenser Market Size, 2023 US$ 1,102.90 million
Synchronous Condenser Market Size, 2033 US$ 2,381.08 million
Value-based CAGR from 2023 to 2033 8.4%

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Top Challenges Impacting the Global Synchronous Condenser Market

High Costs:The increasing costs of synchronous condensers for installation by small industries due to budget issues negatively affect market growth.

Limited Supply:The limited number of supply chains may decline the demand for synchronous condensers. The rising competitive pricing, lack of availability, and global tensions are reducing the supply chain.

Environmental Concerns:Increasing consumer concerns toward energy efficiency and reducing environmental impacts to operating high-quality power may decline the adoption of synchronous condensers.

Operation and Maintenance Costs:Regular maintenance to enhance quality and reliability is expensive to manage by various industries and may decrease global market revenue.

Lack of Awareness and Education:The lack of experts, inexperienced grid operators, and the lack of awareness also restrain the market growth.

Historical Performance and Future Growth Prospects of the Synchronous Condenser Market

The global synchronous condenser market was valued at US$ 1,019.70 million in 2022. Consumers are increasing the demand for synchronous condensers for high efficiency, better power supply, and flexibility for long-area power. These machines are widely used for grid stabilization with sustainability to expand the global market share.

Historical Market Valuation, 2022 US$ 1,019.70 million

Key players are focusing on developing high-quality synchronous condensers for various applications, fueling market growth. These players are focused on environmental impacts, which have increased the adoption of synchronous condensers.

Nikhil Kaitwade
Nikhil Kaitwade

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Country-wise Insights

Countries CAGR (2023 to 2033)
United States 7.2%
Canada 7.7%
Germany 6.4%
United Kingdom 7.7%
Italy 6.9%
France 3.6%
Spain 8.2%
China 9.2%
India 9.3%
Japan 7.9%
ASEAN 8.5%
Australia and New Zealand 9.4%

Rising Power Infrastructure Upsurge the United States Market

The United States is estimated to capture a CAGR of 7.2% during the forecast period. The rising wide range of renewable energy sources to enhance power supply is increasing the demand for synchronous condensers in the country. The industrial and commercial sectors rely on high voltage grid balance, accelerating the demand for synchronous condensers. These machines reduce voltage fluctuations and boost solar power and energy consumption.

The United States synchronous condenser market is rapidly growing due to increasing sustainability and operating grid operations across the nation. The growing advanced technologies support power generators and transformers to attract end users' requirements. Key players are collaborating with research institutions to innovate unique and cost-effective solutions and are raising the adoption of synchronous condensers.

Rising Power Plants Capture High Revenue in the United Kingdom

The United Kingdom is anticipated to capture a CAGR of 7.7% during the forecast period. The increasing demand for clean energy sources, reduced carbon footprints, and stable grids are propelling the United Kingdom's synchronous condenser market. The rising stability and power quality among end users who prefer synchronous condensers for modernizing grids is advancing market growth.

Increasing hydropower and wind power sources are enlarging synchronous condenser products in the United Kingdom. Power grids are integrated with solar and clean energy to maintain power stability and boost end users' demand significantly. The adoption of condenser technology to generate power at sea are widely integrated with the national grid to enhance renewable source in the country.

Expansion of Hydropower Drive Canada Market

Canada is anticipated to register a CAGR of 7.70% in the global market during the forecast period. The increasing demand for diverse energy, grid maintenance, and modernization is fueling Canada's synchronous condenser market. The rising demand for remote installation and vast hydropower plants is advancing the market growth.

The installation of new buildings, maintenance of existing power plants, and urbanization are rapidly increasing the adoption of synchronous condensers. Enhancing facilities to fix existing and new installations of power plants with the integration of smart technologies is raising the demand for synchronous condensers. Consumers are looking forward to maintaining the power supply, strengthening the energy supply, and expanding the Canadian market.

Reconstruction Activities Boost Japan Market

Japan is anticipated to grow at a CAGR of 7.7% over the forecast period. Increasing the demand for reliable, cost-effective, and improved voltage stability is advancing the Japan synchronous condenser market. These machines offer power support with renewable energy integration, including solar energy, which captures consumers' requirements.

Japan is vast in technology, and innovations are generating new and existing synchronous condensers for various industries to drive market growth. Key companies are focusing on developing sustainable power generation with their advanced marketing strategies to improve power supply by reducing carbon emissions.

Rising Clean Energy Demand Uplifts India Market

India is likely to capture a CAGR of 9.3% through 2033. The increasing demand for synchronous condensers for grid modernization, clean power supply, and growing economies are fueling India's synchronous condenser market. Consistent supply of power in large quantities safely and efficiently increases the adoption of synchronous condensers among end users.

Government initiatives, various plans, and policies to promote renewable energy are increasing the demand for electricity among commercial and industrial applications. The power sector is adopting modernized grid stability to support power with sustainability, fueling the Indian market.

Category-wise Insights

100 to 150 MVAR Gains 32.3% of Market Share

Top Power Rating 100 to 150 MVAR
Market Share in 2023 32.3%

By power rating, 100 to 150 MVAR captures the maximum share of 32.3% of the global synchronous condenser market. The increasing demand for suitable grid power and stability is raising the adoption of the synchronous condenser to stable voltage levels. The rising fluctuations in power supply, lack of power, and shortages increase the demand for 100 to 150 MVAR for effective and modern power systems.

The manufacturers are integrated renewable energy sources to install and maintain better power supply, which is raising the demand for 100 to 150 MVAR. The infrastructure of better and sustainable power with reliability is key to propelling the global market.

Hydrogen-cooled Condensers Hold a 42.1% Share of the Market

Top Cooling Type Hydrogen Cooled
Market Share in 2023 42.1%

Condensers based on hydrogen cooling account for 42.1% of the global synchronous condenser market by cooling type. The increasing demand for wide and efficient methods is raising the adoption of hydrogen cooling. Consumers prefer hydrogen-cooled condensers for effective heat and thermal conductivity compared to other coolers, such as air. End users highly prefer hydrogen cooling to control temperature, high performance, and reliability for a long time.

The rising automotive sector is increasing the adoption of hydrogen cooling for mechanical efficiency and reducing errors. Hydrogen-cooled condensers enhance product longevity and reduce workload and maintenance costs. This cooling type is eco-friendly and clean, contributes to environmental goals, and reduces greenhouse gases.

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Competitive Landscape in the Synchronous Condenser Market

The global synchronous condenser market is highly competitive by prominent players who are crucial in developing cost-effective and sustainable products for end users. These players are making their efforts to offer improved, innovative, and high-quality products to meet end users' requirements. These players adopt various marketing tactics such as collaborations, acquisitions, mergers, partnerships, and product launches to drive the market size.

Key players contribute significantly by publishing their products on various events and online platforms to expand their revenue. These players offer affordable, eco-friendly products with smart technologies to gain consumers' attention and boost sales. These players are likely to fuel the global market in the coming years.

Key Companies in the Synchronous Condenser Market

  • ABB Ltd
  • General Electric
  • Siemens AG
  • Mitsubishi Electric Corporation
  • WEG
  • Eaton Corp. PLC
  • Voith GmbH
  • Ansaldo Energia
  • Toshiba Corporation
  • Sustainable Power Systems Inc.

Recent Developments in the Synchronous Condenser Market:

  • In 2021, ABB announced its new contract with Statkraft to provide a large quantity of renewable energy synchronous condensers for electricity supply in Europe.
  • In 2021, Siemens announced its newly launched three synchronous condensers.
  • In 2021, Siemens Energy announced its contract to supply two new grid-stabilizing solutions to Terna for effective power supply.

Key Segments in the Global Synchronous Condenser Market

By Product:

  • New synchronous condenser
  • Refurbished synchronous condenser

By Cooling Type:

  • Air cooled
  • Hydrogen cooled
  • Water cooled

By Power Rating:

  • Less than 50 MVAR
  • 50 to 80 MVAR
  • 80 to 100 MVAR
  • 100 to 150 MVAR
  • 150 to 200 MVAR
  • Above 200 MVAR

By Starting Method:

  • Static frequency converter
  • Pony motors
  • Others

By End Use:

  • Electrical power utilities
    • Electric grids
    • Solar farms
  • Mining
  • Commercial
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East
  • Africa

Frequently Asked Questions

How Big is the Synchronous Condenser Market?

The synchronous condenser market is estimated to secure a valuation of US$ 1,102.90 million in 2023.

Which Country is Leading the Synchronous Condenser Market?

The United States is the leading market for synchronous condensers.

What is the Synchronous Condenser Market CAGR through 2033?

The synchronous condenser market is likely to capture a CAGR of 8.4% through 2033.

What is the Current Synchronous Condenser Market Trend?

The growing focus on sustainability and reducing carbon emissions.

Who are the Key Players in the Synchronous Condenser Market?

Siemens AG and ABB Ltd are the key players in the synchronous condenser market.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product , 2018 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product , 2023 to 2033
        5.3.1. New synchronous condenser
        5.3.2. Refurbished synchronous condenser
    5.4. Y-o-Y Growth Trend Analysis By Product , 2018 to 2022
    5.5. Absolute $ Opportunity Analysis By Product , 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Cooling Type
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Cooling Type, 2018 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Cooling Type, 2023 to 2033
        6.3.1. Air cooled
        6.3.2. Hydrogen cooled
        6.3.3. Water cooled
    6.4. Y-o-Y Growth Trend Analysis By Cooling Type, 2018 to 2022
    6.5. Absolute $ Opportunity Analysis By Cooling Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Power Rating
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Power Rating, 2018 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Power Rating, 2023 to 2033
        7.3.1. Less than 50 MVAR
        7.3.2. 50 to 80 MVAR
        7.3.3. 80 to 100 MVAR
        7.3.4. 100 to 150 MVAR
        7.3.5. 150 to 200 MVAR
        7.3.6. Above 200 MVAR
    7.4. Y-o-Y Growth Trend Analysis By Power Rating, 2018 to 2022
    7.5. Absolute $ Opportunity Analysis By Power Rating, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Starting Method
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Starting Method, 2018 to 2022
    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Starting Method, 2023 to 2033
        8.3.1. Static frequency converter
        8.3.2. Pony motors
        8.3.3. Others
    8.4. Y-o-Y Growth Trend Analysis By Starting Method, 2018 to 2022
    8.5. Absolute $ Opportunity Analysis By Starting Method, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
    9.1. Introduction / Key Findings
    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
    9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
        9.3.1. Electrical power utilities
            9.3.1.1. Electric grids
            9.3.1.2. Solar farms
        9.3.2. Mining
        9.3.3. Commercial
        9.3.4. Others
    9.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
    9.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    10.1. Introduction
    10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
    10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
        10.3.1. North America
        10.3.2. Latin America
        10.3.3. Western Europe
        10.3.4. Eastern Europe
        10.3.5. South Asia and Pacific
        10.3.6. East Asia
        10.3.7. Middle East and Africa
    10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. USA
            11.2.1.2. Canada
        11.2.2. By Product
        11.2.3. By Cooling Type
        11.2.4. By Power Rating
        11.2.5. By Starting Method
        11.2.6. By End Use
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Product
        11.3.3. By Cooling Type
        11.3.4. By Power Rating
        11.3.5. By Starting Method
        11.3.6. By End Use
    11.4. Key Takeaways
12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. Brazil
            12.2.1.2. Mexico
            12.2.1.3. Rest of Latin America
        12.2.2. By Product
        12.2.3. By Cooling Type
        12.2.4. By Power Rating
        12.2.5. By Starting Method
        12.2.6. By End Use
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Product
        12.3.3. By Cooling Type
        12.3.4. By Power Rating
        12.3.5. By Starting Method
        12.3.6. By End Use
    12.4. Key Takeaways
13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. Germany
            13.2.1.2. UK
            13.2.1.3. France
            13.2.1.4. Spain
            13.2.1.5. Italy
            13.2.1.6. Rest of Western Europe
        13.2.2. By Product
        13.2.3. By Cooling Type
        13.2.4. By Power Rating
        13.2.5. By Starting Method
        13.2.6. By End Use
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Product
        13.3.3. By Cooling Type
        13.3.4. By Power Rating
        13.3.5. By Starting Method
        13.3.6. By End Use
    13.4. Key Takeaways
14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. Poland
            14.2.1.2. Russia
            14.2.1.3. Czech Republic
            14.2.1.4. Romania
            14.2.1.5. Rest of Eastern Europe
        14.2.2. By Product
        14.2.3. By Cooling Type
        14.2.4. By Power Rating
        14.2.5. By Starting Method
        14.2.6. By End Use
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Product
        14.3.3. By Cooling Type
        14.3.4. By Power Rating
        14.3.5. By Starting Method
        14.3.6. By End Use
    14.4. Key Takeaways
15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        15.2.1. By Country
            15.2.1.1. India
            15.2.1.2. Bangladesh
            15.2.1.3. Australia
            15.2.1.4. New Zealand
            15.2.1.5. Rest of South Asia and Pacific
        15.2.2. By Product
        15.2.3. By Cooling Type
        15.2.4. By Power Rating
        15.2.5. By Starting Method
        15.2.6. By End Use
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Product
        15.3.3. By Cooling Type
        15.3.4. By Power Rating
        15.3.5. By Starting Method
        15.3.6. By End Use
    15.4. Key Takeaways
16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        16.2.1. By Country
            16.2.1.1. China
            16.2.1.2. Japan
            16.2.1.3. South Korea
        16.2.2. By Product
        16.2.3. By Cooling Type
        16.2.4. By Power Rating
        16.2.5. By Starting Method
        16.2.6. By End Use
    16.3. Market Attractiveness Analysis
        16.3.1. By Country
        16.3.2. By Product
        16.3.3. By Cooling Type
        16.3.4. By Power Rating
        16.3.5. By Starting Method
        16.3.6. By End Use
    16.4. Key Takeaways
17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    17.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    17.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        17.2.1. By Country
            17.2.1.1. GCC Countries
            17.2.1.2. South Africa
            17.2.1.3. Israel
            17.2.1.4. Rest of MEA
        17.2.2. By Product
        17.2.3. By Cooling Type
        17.2.4. By Power Rating
        17.2.5. By Starting Method
        17.2.6. By End Use
    17.3. Market Attractiveness Analysis
        17.3.1. By Country
        17.3.2. By Product
        17.3.3. By Cooling Type
        17.3.4. By Power Rating
        17.3.5. By Starting Method
        17.3.6. By End Use
    17.4. Key Takeaways
18. Key Countries Market Analysis
    18.1. USA
        18.1.1. Pricing Analysis
        18.1.2. Market Share Analysis, 2022
            18.1.2.1. By Product
            18.1.2.2. By Cooling Type
            18.1.2.3. By Power Rating
            18.1.2.4. By Starting Method
            18.1.2.5. By End Use
    18.2. Canada
        18.2.1. Pricing Analysis
        18.2.2. Market Share Analysis, 2022
            18.2.2.1. By Product
            18.2.2.2. By Cooling Type
            18.2.2.3. By Power Rating
            18.2.2.4. By Starting Method
            18.2.2.5. By End Use
    18.3. Brazil
        18.3.1. Pricing Analysis
        18.3.2. Market Share Analysis, 2022
            18.3.2.1. By Product
            18.3.2.2. By Cooling Type
            18.3.2.3. By Power Rating
            18.3.2.4. By Starting Method
            18.3.2.5. By End Use
    18.4. Mexico
        18.4.1. Pricing Analysis
        18.4.2. Market Share Analysis, 2022
            18.4.2.1. By Product
            18.4.2.2. By Cooling Type
            18.4.2.3. By Power Rating
            18.4.2.4. By Starting Method
            18.4.2.5. By End Use
    18.5. Germany
        18.5.1. Pricing Analysis
        18.5.2. Market Share Analysis, 2022
            18.5.2.1. By Product
            18.5.2.2. By Cooling Type
            18.5.2.3. By Power Rating
            18.5.2.4. By Starting Method
            18.5.2.5. By End Use
    18.6. UK
        18.6.1. Pricing Analysis
        18.6.2. Market Share Analysis, 2022
            18.6.2.1. By Product
            18.6.2.2. By Cooling Type
            18.6.2.3. By Power Rating
            18.6.2.4. By Starting Method
            18.6.2.5. By End Use
    18.7. France
        18.7.1. Pricing Analysis
        18.7.2. Market Share Analysis, 2022
            18.7.2.1. By Product
            18.7.2.2. By Cooling Type
            18.7.2.3. By Power Rating
            18.7.2.4. By Starting Method
            18.7.2.5. By End Use
    18.8. Spain
        18.8.1. Pricing Analysis
        18.8.2. Market Share Analysis, 2022
            18.8.2.1. By Product
            18.8.2.2. By Cooling Type
            18.8.2.3. By Power Rating
            18.8.2.4. By Starting Method
            18.8.2.5. By End Use
    18.9. Italy
        18.9.1. Pricing Analysis
        18.9.2. Market Share Analysis, 2022
            18.9.2.1. By Product
            18.9.2.2. By Cooling Type
            18.9.2.3. By Power Rating
            18.9.2.4. By Starting Method
            18.9.2.5. By End Use
    18.10. Poland
        18.10.1. Pricing Analysis
        18.10.2. Market Share Analysis, 2022
            18.10.2.1. By Product
            18.10.2.2. By Cooling Type
            18.10.2.3. By Power Rating
            18.10.2.4. By Starting Method
            18.10.2.5. By End Use
    18.11. Russia
        18.11.1. Pricing Analysis
        18.11.2. Market Share Analysis, 2022
            18.11.2.1. By Product
            18.11.2.2. By Cooling Type
            18.11.2.3. By Power Rating
            18.11.2.4. By Starting Method
            18.11.2.5. By End Use
    18.12. Czech Republic
        18.12.1. Pricing Analysis
        18.12.2. Market Share Analysis, 2022
            18.12.2.1. By Product
            18.12.2.2. By Cooling Type
            18.12.2.3. By Power Rating
            18.12.2.4. By Starting Method
            18.12.2.5. By End Use
    18.13. Romania
        18.13.1. Pricing Analysis
        18.13.2. Market Share Analysis, 2022
            18.13.2.1. By Product
            18.13.2.2. By Cooling Type
            18.13.2.3. By Power Rating
            18.13.2.4. By Starting Method
            18.13.2.5. By End Use
    18.14. India
        18.14.1. Pricing Analysis
        18.14.2. Market Share Analysis, 2022
            18.14.2.1. By Product
            18.14.2.2. By Cooling Type
            18.14.2.3. By Power Rating
            18.14.2.4. By Starting Method
            18.14.2.5. By End Use
    18.15. Bangladesh
        18.15.1. Pricing Analysis
        18.15.2. Market Share Analysis, 2022
            18.15.2.1. By Product
            18.15.2.2. By Cooling Type
            18.15.2.3. By Power Rating
            18.15.2.4. By Starting Method
            18.15.2.5. By End Use
    18.16. Australia
        18.16.1. Pricing Analysis
        18.16.2. Market Share Analysis, 2022
            18.16.2.1. By Product
            18.16.2.2. By Cooling Type
            18.16.2.3. By Power Rating
            18.16.2.4. By Starting Method
            18.16.2.5. By End Use
    18.17. New Zealand
        18.17.1. Pricing Analysis
        18.17.2. Market Share Analysis, 2022
            18.17.2.1. By Product
            18.17.2.2. By Cooling Type
            18.17.2.3. By Power Rating
            18.17.2.4. By Starting Method
            18.17.2.5. By End Use
    18.18. China
        18.18.1. Pricing Analysis
        18.18.2. Market Share Analysis, 2022
            18.18.2.1. By Product
            18.18.2.2. By Cooling Type
            18.18.2.3. By Power Rating
            18.18.2.4. By Starting Method
            18.18.2.5. By End Use
    18.19. Japan
        18.19.1. Pricing Analysis
        18.19.2. Market Share Analysis, 2022
            18.19.2.1. By Product
            18.19.2.2. By Cooling Type
            18.19.2.3. By Power Rating
            18.19.2.4. By Starting Method
            18.19.2.5. By End Use
    18.20. South Korea
        18.20.1. Pricing Analysis
        18.20.2. Market Share Analysis, 2022
            18.20.2.1. By Product
            18.20.2.2. By Cooling Type
            18.20.2.3. By Power Rating
            18.20.2.4. By Starting Method
            18.20.2.5. By End Use
    18.21. GCC Countries
        18.21.1. Pricing Analysis
        18.21.2. Market Share Analysis, 2022
            18.21.2.1. By Product
            18.21.2.2. By Cooling Type
            18.21.2.3. By Power Rating
            18.21.2.4. By Starting Method
            18.21.2.5. By End Use
    18.22. South Africa
        18.22.1. Pricing Analysis
        18.22.2. Market Share Analysis, 2022
            18.22.2.1. By Product
            18.22.2.2. By Cooling Type
            18.22.2.3. By Power Rating
            18.22.2.4. By Starting Method
            18.22.2.5. By End Use
    18.23. Israel
        18.23.1. Pricing Analysis
        18.23.2. Market Share Analysis, 2022
            18.23.2.1. By Product
            18.23.2.2. By Cooling Type
            18.23.2.3. By Power Rating
            18.23.2.4. By Starting Method
            18.23.2.5. By End Use
19. Market Structure Analysis
    19.1. Competition Dashboard
    19.2. Competition Benchmarking
    19.3. Market Share Analysis of Top Players
        19.3.1. By Regional
        19.3.2. By Product
        19.3.3. By Cooling Type
        19.3.4. By Power Rating
        19.3.5. By Starting Method
        19.3.6. By End Use
20. Competition Analysis
    20.1. Competition Deep Dive
        20.1.1. ABB Ltd
            20.1.1.1. Overview
            20.1.1.2. Product Portfolio
            20.1.1.3. Profitability by Market Segments
            20.1.1.4. Sales Footprint
            20.1.1.5. Strategy Overview
                20.1.1.5.1. Marketing Strategy
                20.1.1.5.2. Product Strategy
                20.1.1.5.3. Channel Strategy
        20.1.2. General Electric
            20.1.2.1. Overview
            20.1.2.2. Product Portfolio
            20.1.2.3. Profitability by Market Segments
            20.1.2.4. Sales Footprint
            20.1.2.5. Strategy Overview
                20.1.2.5.1. Marketing Strategy
                20.1.2.5.2. Product Strategy
                20.1.2.5.3. Channel Strategy
        20.1.3. Siemens AG
            20.1.3.1. Overview
            20.1.3.2. Product Portfolio
            20.1.3.3. Profitability by Market Segments
            20.1.3.4. Sales Footprint
            20.1.3.5. Strategy Overview
                20.1.3.5.1. Marketing Strategy
                20.1.3.5.2. Product Strategy
                20.1.3.5.3. Channel Strategy
        20.1.4. Mitsubishi Electric Corporation
            20.1.4.1. Overview
            20.1.4.2. Product Portfolio
            20.1.4.3. Profitability by Market Segments
            20.1.4.4. Sales Footprint
            20.1.4.5. Strategy Overview
                20.1.4.5.1. Marketing Strategy
                20.1.4.5.2. Product Strategy
                20.1.4.5.3. Channel Strategy
        20.1.5. WEG
            20.1.5.1. Overview
            20.1.5.2. Product Portfolio
            20.1.5.3. Profitability by Market Segments
            20.1.5.4. Sales Footprint
            20.1.5.5. Strategy Overview
                20.1.5.5.1. Marketing Strategy
                20.1.5.5.2. Product Strategy
                20.1.5.5.3. Channel Strategy
        20.1.6. Eaton Corp. PLC
            20.1.6.1. Overview
            20.1.6.2. Product Portfolio
            20.1.6.3. Profitability by Market Segments
            20.1.6.4. Sales Footprint
            20.1.6.5. Strategy Overview
                20.1.6.5.1. Marketing Strategy
                20.1.6.5.2. Product Strategy
                20.1.6.5.3. Channel Strategy
        20.1.7. Voith GmbH
            20.1.7.1. Overview
            20.1.7.2. Product Portfolio
            20.1.7.3. Profitability by Market Segments
            20.1.7.4. Sales Footprint
            20.1.7.5. Strategy Overview
                20.1.7.5.1. Marketing Strategy
                20.1.7.5.2. Product Strategy
                20.1.7.5.3. Channel Strategy
        20.1.8. Ansaldo Energia
            20.1.8.1. Overview
            20.1.8.2. Product Portfolio
            20.1.8.3. Profitability by Market Segments
            20.1.8.4. Sales Footprint
            20.1.8.5. Strategy Overview
                20.1.8.5.1. Marketing Strategy
                20.1.8.5.2. Product Strategy
                20.1.8.5.3. Channel Strategy
        20.1.9. Toshiba Corporation
            20.1.9.1. Overview
            20.1.9.2. Product Portfolio
            20.1.9.3. Profitability by Market Segments
            20.1.9.4. Sales Footprint
            20.1.9.5. Strategy Overview
                20.1.9.5.1. Marketing Strategy
                20.1.9.5.2. Product Strategy
                20.1.9.5.3. Channel Strategy
        20.1.10. Sustainable Power Systems Inc.
            20.1.10.1. Overview
            20.1.10.2. Product Portfolio
            20.1.10.3. Profitability by Market Segments
            20.1.10.4. Sales Footprint
            20.1.10.5. Strategy Overview
                20.1.10.5.1. Marketing Strategy
                20.1.10.5.2. Product Strategy
                20.1.10.5.3. Channel Strategy
21. Assumptions & Acronyms Used
22. Research Methodology
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Industrial Automation

Large Synchronous Motor Market

April 2023

REP-GB-13078

208 pages

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