SYNCHRONOUS CONDENSER MOTOR MARKET

INTRODUCTION

 An AC synchronous motor that is not connected to any driven equipment is known as a conventional synchronous condenser.

When combined with the appropriate automatic exciter, the device is capable of providing continuous reactive power control.

When the synchronous motor is under-excited, it draws a lagging current from the source and thus supplies leading reactive power (or absorbs lagging reactive power).

When the device's field excitation is increased, the system receives magnetizing power (kVAr). By varying the field excitation, a synchronous condenser's current can smoothly transition from lagging to leading.

SYNCHRONOUS CONDENSER MOTOR MARKETSIZE AND FORECAST

TheGlobal Synchronous Condenser Motor marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SYNCHRONOUS CONDENSER MOTOR MARKETRECENT DEVELOPMENT 

GE is celebrating 100 years of providing utility customers and transmission system operators with synchronous condenser solutions.

This technology, once considered nearly out of date, has reinvented itself and now provides crucial support to a changing grid as many transmission networks worldwide struggle with weak grid conditions as a result of retiring legacy thermal generation units and the intermittent nature of wind and solar power.

Synchronized condensers are electrical rotating equipment that are placed at strategic points along a transmission system.

They produce or absorb reactive power to keep the current flowing consistently to the grid, ensuring that reliable power is available to those who need it when they need it.

Since GE shipped Ontario Hydro in Canada the first high voltage synchronous condenser in the world, the company's most recent synchronous condenser offerings have undergone numerous advancements.

Over the past century, the original 10 Mvar model has changed to keep up with changing grid demands.

With units ranging from 20 Mvar all the way up to over 300 Mvar in a single piece of equipment, GE now offers the industry's most comprehensive synchronous condenser portfolio.

Over 200 synchronous condensers have been supplied to utilities by GE, a market leader in the utility sector.

THISSYNCHRONOUS CONDENSER MOTOR MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Synchronous Condenser Motor are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Synchronous Condenser Motor and key vendor selection criteria
3. Where is the Synchronous Condenser Motor manufactured? What is the average margin per unit?
4. Market share of Global Synchronous Condenser Motor market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Synchronous Condenser Motor in-house
6. key predictions for next 5 years in Global Synchronous Condenser Motor market
7. Average B-2-B Synchronous Condenser Motor market price in all segments
8. Latest trends in Synchronous Condenser Motor market, by every market segment
9. The market size (both volume and value) of the Synchronous Condenser Motor market in 2024-2030 and every year in between?
10. Production breakup of Synchronous Condenser Motor market, by suppliers and their OEM relationship