New York, Synchronous condensers are large rotating electrical machines that function like an over-sized generator without an attached prime mover such as a turbine or reciprocating engine. The synchronous condenser typically has a large, direct-current field winding on the stator, and the rotor is an over-sized AC synchronous motor. The direct-current field winding is excited from an external source of direct current, and the rotor is mechanically coupled to the grid.
Key Players
Key players operating in the global synchronous condenser industry are ABB, Ltd., Andritz, Eaton Corporation Plc, Fuji Electric, General Electric, Ideal Electric Power Co., Mitsubishi Electric Corporation, Siemens Energy, Voith GmbH & Co. KGaA, and WEG Group.
Download a Free PDF Sample Copy of Report – https://www.globalinsightservices.com/request-sample/GIS20617
Key Trends
Synchronous condenser technology is constantly evolving to meet the needs of the power grid. Some of the key trends include:
1. Increasing the power rating of synchronous condensers: As the power grid becomes more complex and demands higher levels of reliability, synchronous condensers must be able to provide more power to maintain grid stability.
2. Improving the efficiency of synchronous condensers: More efficient synchronous condensers can help utilities save money and reduce environmental impacts.
3. Developing new applications for synchronous condensers: Synchronous condensers are being used in a variety of new applications, such as wind and solar power integration, to help the power grid operate more efficiently.
Key Drivers
The key drivers of the synchronous condenser market include the increasing demand for electricity, the need for improved grid stability, and the need for reactive power compensation.
The demand for electricity is increasing globally, due to population growth and economic development. This increase in demand is putting pressure on existing power generation capacity, leading to the need for new power plants. Synchronous condensers can be used to provide additional generating capacity, and can also help to improve the stability of the power grid.
Get Customized report as per your requirements: https://www.globalinsightservices.com/request-customization/GIS20617
Market Segmentation
By Type
- New
- Refurbished
By Cooling Type
- Air-cooled
- Water-cooled
- Hydrogen-cooled
By Starting Method
- Static Frequency Converter
- Pony Motors
- Others
By Reactive Power Rating
- Up to 100 MVAR
- 100–200 MVAR
- Above 200 MVAR
By End User
- Electrical Utilities
- Industrial
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Buy your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS20617
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700