NEWARK, Del, Sept. 13, 2023 (GLOBE NEWSWIRE) -- The static VAR compensator (SVC) market is forecasted to garner revenue of US$ 1,526.0 million in 2033, up from US$ 815.0 million in 2023 advancing at a ...
Fast control of reactive power by means of shunt-connected static devices is a proven technology. SVCs are still considered a competitive solution to meet the future needs of reactive power ...
The sales of static VAR compensators (SVCs) in the United States are projected to grow at a compound annual growth rate (CAGR) of approximately 5.4% during the forecast period. By 2034, the total ...
In 2020, the global static VAR compensator market size was more than $648 million. During the forecast period from 2021-2027, the global static VAR compensator market is forecast to grow at a compound ...