Global Synchronous Condenser Industry Outlook: Technological...

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2025-10-10 15:20:53 -

Global Synchronous Condenser Industry Outlook: Technological Advancements and Competitive Landscape

The global synchronous condenser market was valued at USD 682.16 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.0% during the forecast period. This growth is primarily driven by the increasing integration of renewable energy sources, the need for enhanced grid stability, and advancements in power system infrastructure. North America and Asia Pacific are...

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