APO RESEARCH · REPORT
Static Var Generator (SVG)
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
Product & engineering
Understand the product.
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
Selected research
Market Structure
Global Static Var Generator (SVG) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
SVG is also called STATCOM is a shunt device, which uses force-commutated power electronics (i.e. GTO, IGBT) to control power flow and improve transient stability on electrical power networks. It is also a member of the so-called Flexible AC Transmission System (FACTS) devices. The STATCOM basically performs the same function as the static var compensators but with some advantages.
According to Component, SVG can be divided into GTO type, IGBT type, IGCT type, SCR type, GTR type, MOSFET type. Due to the huge advantages of IGCT type, the Static Var Generator (SVG) in the market is basically based on IGCT technology.
Currently, there are many producing companies in the world. The main market players are Hitachi ABB, Siemens, Rongxin, Sieyuan Electric, Xin Fengguang etc.
Read the full market overview
China now is the largest production of Static Var Generator (SVG), with a production market share nearly 55.94% in 2019. The Static Var Generator (SVG) price of Chinese producers is generally low.
Static Var Generator (SVG) used in industry including Renewable Energy, Electric Utilities, Industrial & Manufacturing and Others. Report data showed that 47.03% of the Static Var Generator (SVG) market demand in Electric Utilities, 28.94% in Renewable Energy in 2019.
There are two kinds’ productions constituting the Static Var Generator (SVG), which are Low Voltage SVG, High Voltage SVG. High Voltage SVG is important in the Static Var Generator (SVG), with a production value market share nearly 83.72% in 2019.
Static Var Generator (SVG) is widely used in metallurgy, power, coal, non-ferrous metals, electrified railway and other key energy consumption industries. In the next few years, Static Var Generator (SVG) is growing fast.
The report provides an overview of the global Static Var Generator (SVG) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Static Var Generator (SVG) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Static Var Generator (SVG) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Static Var Generator (SVG) market size, projected growth trends, production technologies, key applications, and end-use industries.
Static Var Generator (SVG) Segment by Company
Siemens
Hitachi ABB
Mitsubishi Electric
GE
AMSC
NR Electric Co., Ltd.
Xin Fengguang
Sieyuan Electric
Rongxin Power Electronic Co., Ltd
Taikai Power Electronic
TBEA
XJ Group
Hopewind
Static Var Generator (SVG) Segment by Type
Low Voltage SVG
High Voltage SVG
Static Var Generator (SVG) Segment by Application
Electric Utilities
Renewable Energy
Industrial & Manufacturing
Others
Static Var Generator (SVG) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Static Var Generator (SVG) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Static Var Generator (SVG) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Static Var Generator (SVG).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Static Var Generator (SVG) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Static Var Generator (SVG) industry.
Chapter 3: Detailed analysis of Static Var Generator (SVG) market competition landscape. Including Static Var Generator (SVG) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Static Var Generator (SVG) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Static Var Generator (SVG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Low Voltage SVG
- High Voltage SVG
Applications
- Electric Utilities
- Renewable Energy
- Industrial & Manufacturing
- Others
Companies covered
- Siemens
- Hitachi ABB
- Mitsubishi Electric
- GE
- AMSC
- NR Electric Co., Ltd.
- Xin Fengguang
- Sieyuan Electric
- Rongxin Power Electronic Co., Ltd
- Taikai Power Electronic
- TBEA
- XJ Group
- Hopewind
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Static Var Generator (SVG) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Static Var Generator (SVG) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Static Var Generator (SVG) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Static Var Generator (SVG) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Static Var Generator (SVG) Market Dynamics
- 2.1 Static Var Generator (SVG) Industry Trends
- 2.2 Static Var Generator (SVG) Industry Drivers
- 2.3 Static Var Generator (SVG) Industry Opportunities and Challenges
- 2.4 Static Var Generator (SVG) Industry Restraints
3 Static Var Generator (SVG) Market by Manufacturers
- 3.1 Global Static Var Generator (SVG) Production Value by Manufacturers (2021-2026)
- 3.2 Global Static Var Generator (SVG) Production by Manufacturers (2021-2026)
- 3.3 Global Static Var Generator (SVG) Average Price by Manufacturers (2021-2026)
- 3.4 Global Static Var Generator (SVG) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Static Var Generator (SVG) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Static Var Generator (SVG) Manufacturers, Product Type & Application
- 3.7 Global Static Var Generator (SVG) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Static Var Generator (SVG) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Static Var Generator (SVG) Players Market Share by Production Value in 2025
- 3.8.3 2025 Static Var Generator (SVG) Tier 1, Tier 2, and Tier 3
4 Static Var Generator (SVG) Market by Type
- 4.1 Static Var Generator (SVG) Type Introduction
- 4.1.1 Low Voltage SVG
- 4.1.2 High Voltage SVG
- 4.2 Global Static Var Generator (SVG) Production by Type
- 4.2.1 Global Static Var Generator (SVG) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Static Var Generator (SVG) Production by Type (2021-2032)
- 4.2.3 Global Static Var Generator (SVG) Production Market Share by Type (2021-2032)
- 4.3 Global Static Var Generator (SVG) Production Value by Type
- 4.3.1 Global Static Var Generator (SVG) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Static Var Generator (SVG) Production Value by Type (2021-2032)
- 4.3.3 Global Static Var Generator (SVG) Production Value Market Share by Type (2021-2032)
5 Static Var Generator (SVG) Market by Application
- 5.1 Static Var Generator (SVG) Application Introduction
- 5.1.1 Electric Utilities
- 5.1.2 Renewable Energy
- 5.1.3 Industrial & Manufacturing
- 5.1.4 Others
- 5.2 Global Static Var Generator (SVG) Production by Application
- 5.2.1 Global Static Var Generator (SVG) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Static Var Generator (SVG) Production by Application (2021-2032)
- 5.2.3 Global Static Var Generator (SVG) Production Market Share by Application (2021-2032)
- 5.3 Global Static Var Generator (SVG) Production Value by Application
- 5.3.1 Global Static Var Generator (SVG) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Static Var Generator (SVG) Production Value by Application (2021-2032)
- 5.3.3 Global Static Var Generator (SVG) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Siemens
- 6.1.1 Siemens Company Information
- 6.1.2 Siemens Business Overview
- 6.1.3 Siemens Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Siemens Static Var Generator (SVG) Product Portfolio
- 6.1.5 Siemens Recent Developments
- 6.2 Hitachi ABB
- 6.2.1 Hitachi ABB Company Information
- 6.2.2 Hitachi ABB Business Overview
- 6.2.3 Hitachi ABB Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.2.4 Hitachi ABB Static Var Generator (SVG) Product Portfolio
- 6.2.5 Hitachi ABB Recent Developments
- 6.3 Mitsubishi Electric
- 6.3.1 Mitsubishi Electric Company Information
- 6.3.2 Mitsubishi Electric Business Overview
- 6.3.3 Mitsubishi Electric Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.3.4 Mitsubishi Electric Static Var Generator (SVG) Product Portfolio
- 6.3.5 Mitsubishi Electric Recent Developments
- 6.4 GE
- 6.4.1 GE Company Information
- 6.4.2 GE Business Overview
- 6.4.3 GE Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.4.4 GE Static Var Generator (SVG) Product Portfolio
- 6.4.5 GE Recent Developments
- 6.5 AMSC
- 6.5.1 AMSC Company Information
- 6.5.2 AMSC Business Overview
- 6.5.3 AMSC Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.5.4 AMSC Static Var Generator (SVG) Product Portfolio
- 6.5.5 AMSC Recent Developments
- 6.6 NR Electric Co., Ltd.
- 6.6.1 NR Electric Co., Ltd. Company Information
- 6.6.2 NR Electric Co., Ltd. Business Overview
- 6.6.3 NR Electric Co., Ltd. Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.6.4 NR Electric Co., Ltd. Static Var Generator (SVG) Product Portfolio
- 6.6.5 NR Electric Co., Ltd. Recent Developments
- 6.7 Xin Fengguang
- 6.7.1 Xin Fengguang Company Information
- 6.7.2 Xin Fengguang Business Overview
- 6.7.3 Xin Fengguang Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Xin Fengguang Static Var Generator (SVG) Product Portfolio
- 6.7.5 Xin Fengguang Recent Developments
- 6.8 Sieyuan Electric
- 6.8.1 Sieyuan Electric Company Information
- 6.8.2 Sieyuan Electric Business Overview
- 6.8.3 Sieyuan Electric Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.8.4 Sieyuan Electric Static Var Generator (SVG) Product Portfolio
- 6.8.5 Sieyuan Electric Recent Developments
- 6.9 Rongxin Power Electronic Co., Ltd
- 6.9.1 Rongxin Power Electronic Co., Ltd Company Information
- 6.9.2 Rongxin Power Electronic Co., Ltd Business Overview
- 6.9.3 Rongxin Power Electronic Co., Ltd Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.9.4 Rongxin Power Electronic Co., Ltd Static Var Generator (SVG) Product Portfolio
- 6.9.5 Rongxin Power Electronic Co., Ltd Recent Developments
- 6.10 Taikai Power Electronic
- 6.10.1 Taikai Power Electronic Company Information
- 6.10.2 Taikai Power Electronic Business Overview
- 6.10.3 Taikai Power Electronic Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.10.4 Taikai Power Electronic Static Var Generator (SVG) Product Portfolio
- 6.10.5 Taikai Power Electronic Recent Developments
- 6.11 TBEA
- 6.11.1 TBEA Company Information
- 6.11.2 TBEA Business Overview
- 6.11.3 TBEA Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.11.4 TBEA Static Var Generator (SVG) Product Portfolio
- 6.11.5 TBEA Recent Developments
- 6.12 XJ Group
- 6.12.1 XJ Group Company Information
- 6.12.2 XJ Group Business Overview
- 6.12.3 XJ Group Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.12.4 XJ Group Static Var Generator (SVG) Product Portfolio
- 6.12.5 XJ Group Recent Developments
- 6.13 Hopewind
- 6.13.1 Hopewind Company Information
- 6.13.2 Hopewind Business Overview
- 6.13.3 Hopewind Static Var Generator (SVG) Production, Value and Gross Margin (2021-2026)
- 6.13.4 Hopewind Static Var Generator (SVG) Product Portfolio
- 6.13.5 Hopewind Recent Developments
7 Global Static Var Generator (SVG) Production by Region
- 7.1 Global Static Var Generator (SVG) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Static Var Generator (SVG) Production by Region (2021-2032)
- 7.2.1 Global Static Var Generator (SVG) Production by Region (2021-2026)
- 7.2.2 Global Static Var Generator (SVG) Production Forecast by Region (2027-2032)
- 7.3 Global Static Var Generator (SVG) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Static Var Generator (SVG) Production Value by Region (2021-2032)
- 7.4.1 Global Static Var Generator (SVG) Production Value by Region (2021-2026)
- 7.4.2 Global Static Var Generator (SVG) Production Value by Region (2027-2032)
- 7.5 Global Static Var Generator (SVG) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Static Var Generator (SVG) Production Value (2021-2032)
- 7.6.2 Europe Static Var Generator (SVG) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Static Var Generator (SVG) Production Value (2021-2032)
- 7.6.4 South America Static Var Generator (SVG) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Static Var Generator (SVG) Production Value (2021-2032)
8 Global Static Var Generator (SVG) Consumption by Region
- 8.1 Global Static Var Generator (SVG) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Static Var Generator (SVG) Consumption by Region (2021-2032)
- 8.2.1 Global Static Var Generator (SVG) Consumption by Region (2021-2026)
- 8.2.2 Global Static Var Generator (SVG) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Static Var Generator (SVG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Static Var Generator (SVG) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Static Var Generator (SVG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Static Var Generator (SVG) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Static Var Generator (SVG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Static Var Generator (SVG) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Static Var Generator (SVG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Static Var Generator (SVG) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Static Var Generator (SVG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Static Var Generator (SVG) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Static Var Generator (SVG) Value Chain Analysis
- 9.1.1 Static Var Generator (SVG) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Static Var Generator (SVG) Production Mode & Process
- 9.2 Static Var Generator (SVG) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Static Var Generator (SVG) Distributors
- 9.2.3 Static Var Generator (SVG) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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