Companies Dominating the Static Synchronous Compensator (STATCOM) Landscape
- ABB Group
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Siemens AG
- Rongxin Power Electronic Co., Ltd.
- S&C Electric
- General Electric
- Sieyuan Electric
- Beijing In-power Electric Co., Ltd
- Merus Power
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
STATCOM Market in 2025 is evaluated at USD 1.14 billion.
The global market size was worth over USD 1.04 billion in 2024 and is poised to grow at a CAGR of around 12.6%, reaching USD 4.86 billion revenue by 2037.
Asia Pacific is forecast to generate USD 2.67 billion by 2037, driven by rapid urbanization and increased power consumption in India.
The major players in the market include Siemens AG, Rongxin Power Electronic Co., Ltd., S&C Electric, General Electric, Sieyuan Electric, Beijing In-power Electric Co., Ltd, Merus Power, Mitsubishi Electric Corporation, Hitachi Energy, and others.
