Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Flexible Shunt Compensation Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Flexible Shunt Compensation industry at home and abroad, estimate the overall market scale of the Flexible Shunt Compensation industry and the market share of major countries, Flexible Shunt Compensation industry, and study and judge the downstream market demand of Flexible Shunt Compensation through systematic research, Analyze the competition pattern of Flexible Shunt Compensation, so as to help solve the pain points of various stakeholders in Flexible Shunt Compensation industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Flexible Shunt Compensation Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Flexible Shunt Compensation Market?
ABB
Siemens
RXPE
Sieyuan Electric
Mitsubishi Electric
GE
Toshiba
AMSC
Hyosung
Major Type of Flexible Shunt Compensation Covered in VIC Research report:
Static Var Compensator
Static Var Generator
Application Segments Covered in VIC Research Market
Metal Industry
Railway
Utilities
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Flexible Shunt Compensation Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Flexible Shunt Compensation Market by Value
2.2.1 Global Flexible Shunt Compensation Revenue by Type
2.2.2 Global Flexible Shunt Compensation Market by Value
2.3 Global Flexible Shunt Compensation Market by Sales
2.3.1 Global Flexible Shunt Compensation Sales by Type
2.3.2 Global Flexible Shunt Compensation Market by Sales
3. The Major Driver of Flexible Shunt Compensation Industry
3.1 Historical & Forecast Global Flexible Shunt Compensation Sales and Revenue (2019-2028)
3.2 Largest Application for Flexible Shunt Compensation (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Flexible Shunt Compensation Market
4.1 Regional Market Size in Terms of Sales (2023 & 2028)
4.2 Regional Market Share in Terms of Revenue (2023 & 2028)
4.3 Concentration Ratio (CR5& CR10) of Flexible Shunt Compensation Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Flexible Shunt Compensation Sales (2019-2028)
5.1 Current and Estimated Sales Breakdown by Type (2019-2028)
5.2 Current and Estimated Sales Breakdown by Application (2019-2028)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Flexible Shunt Compensation Sales (2019-2028)
6.1 Current and Estimated Sales Breakdown by Type (2019-2028)
6.2 Current and Estimated Sales Breakdown by Application (2019-2028)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Flexible Shunt Compensation Sales (2019-2028)
7.1 Current and Estimated Sales Breakdown by Type (2019-2028)
7.2 Current and Estimated Sales Breakdown by Application (2019-2028)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Flexible Shunt Compensation Sales (2019-2028)
8.1 Current and Estimated Sales Breakdown by Type (2019-2028)
8.2 Current and Estimated Sales Breakdown by Application (2019-2028)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Flexible Shunt Compensation Sales (2019-2028)
9.1 Current and Estimated Sales Breakdown by Type (2019-2028)
9.2 Current and Estimated Sales Breakdown by Application (2019-2028)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Flexible Shunt Compensation Sales (2019-2028)
10.1 Current and Estimated Sales Breakdown by Type (2019-2028)
10.2 Current and Estimated Sales Breakdown by Application (2019-2028)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Flexible Shunt Compensation Sales (2019-2028)
11.1 Current and Estimated Sales Breakdown by Type (2019-2028)
11.2 Current and Estimated Sales Breakdown by Application (2019-2028)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. South America Flexible Shunt Compensation Sales (2019-2028)
12.1 Current and Estimated Sales Breakdown by Type (2019-2028)
12.2 Current and Estimated Sales Breakdown by Application (2019-2028)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
13. Global Flexible Shunt Compensation Average Price Trend
13.1 Market Price for Each Type of Flexible Shunt Compensation in US (2019-2023)
13.2 Market Price for Each Type of Flexible Shunt Compensation in Europe (2019-2023)
13.3 Market Price for Each Type of Flexible Shunt Compensation in China (2019-2023)
13.4 Market Price for Each Type of Flexible Shunt Compensation in Japan (2019-2023)
13.5 Market Price for Each Type of Flexible Shunt Compensation in India (2019-2023)
13.6 Market Price for Each Type of Flexible Shunt Compensation in Korea (2019-2023)
13.7 Market Price for Each Type of Flexible Shunt Compensation in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Flexible Shunt Compensation in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Flexible Shunt Compensation Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Flexible Shunt Compensation
15. Flexible Shunt Compensation Competitive Landscape
15.1 ABB
15.1.1 ABB Company Profiles
15.1.2 ABB Product Introduction
15.1.3 ABB Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Siemens
15.2.1 Siemens Company Profiles
15.2.2 Siemens Product Introduction
15.2.3 Siemens Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 RXPE
15.3.1 RXPE Company Profiles
15.3.2 RXPE Product Introduction
15.3.3 RXPE Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Sieyuan Electric
15.4.1 Sieyuan Electric Company Profiles
15.4.2 Sieyuan Electric Product Introduction
15.4.3 Sieyuan Electric Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Mitsubishi Electric
15.5.1 Mitsubishi Electric Company Profiles
15.5.2 Mitsubishi Electric Product Introduction
15.5.3 Mitsubishi Electric Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 GE
15.6.1 GE Company Profiles
15.6.2 GE Product Introduction
15.6.3 GE Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Toshiba
15.7.1 Toshiba Company Profiles
15.7.2 Toshiba Product Introduction
15.7.3 Toshiba Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 AMSC
15.8.1 AMSC Company Profiles
15.8.2 AMSC Product Introduction
15.8.3 AMSC Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Hyosung
15.9.1 Hyosung Company Profiles
15.9.2 Hyosung Product Introduction
15.9.3 Hyosung Flexible Shunt Compensation Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Flexible Shunt Compensation Industry (Volume)
Figure 2. Flexible Shunt Compensation Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2028)
Figure 4. The Top 10 and 5 Players Market Share by Flexible Shunt Compensation Revenue in 2023
Figure 5. US Flexible Shunt Compensation Sales (2019-2028)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Flexible Shunt Compensation Sales (2019-2028)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Flexible Shunt Compensation Sales (2019-2028)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Flexible Shunt Compensation Sales (2019-2028)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Flexible Shunt Compensation Sales (2019-2028)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Flexible Shunt Compensation Sales (2019-2028)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Flexible Shunt Compensation Sales (2019-2028)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Flexible Shunt Compensation Revenue, by Type (Million USD) (2019-2028)
Table 4. Flexible Shunt Compensation Sales, by Type (K Unit) (2019-2028)
Table 5. Flexible Shunt Compensation Sales (K Unit) by Application (2019-2028)
Table 6. Flexible Shunt Compensation Sales (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2028)
Table 10. Ranking of Global Top Flexible Shunt Compensation Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Flexible Shunt Compensation Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2028)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Flexible Shunt Compensation in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB Profiles
Table 61. ABB Flexible Shunt Compensation Product Introduction
Table 62. ABB Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB Strategic initiatives
Table 64. Siemens Profiles
Table 65. Siemens Flexible Shunt Compensation Product Introduction
Table 66. Siemens Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Siemens Strategic initiatives
Table 68. RXPE Profiles
Table 69. RXPE Flexible Shunt Compensation Product Introduction
Table 70. RXPE Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. RXPE Strategic initiatives
Table 72. Sieyuan Electric Profiles
Table 73. Sieyuan Electric Flexible Shunt Compensation Product Introduction
Table 74. Sieyuan Electric Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Sieyuan Electric Strategic initiatives
Table 76. Mitsubishi Electric Profiles
Table 77. Mitsubishi Electric Flexible Shunt Compensation Product Introduction
Table 78. Mitsubishi Electric Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Mitsubishi Electric Strategic initiatives
Table 80. GE Profiles
Table 81. GE Flexible Shunt Compensation Product Introduction
Table 82. GE Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. GE Strategic initiatives
Table 84. Toshiba Profiles
Table 85. Toshiba Flexible Shunt Compensation Product Introduction
Table 86. Toshiba Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Toshiba Strategic initiatives
Table 88. AMSC Profiles
Table 89. AMSC Flexible Shunt Compensation Product Introduction
Table 90. AMSC Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. AMSC Strategic initiatives
Table 92. Hyosung Profiles
Table 93. Hyosung Flexible Shunt Compensation Product Introduction
Table 94. Hyosung Flexible Shunt Compensation Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Hyosung Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.