Synchronous Condenser Market: Market Size, Share, and Growth Dynamics

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2026-01-08 07:51:04 -

The global synchronous condenser market size was estimated at USD 696.0 million in 2024 and is anticipated to reach USD 818.3 million by 2030, growing at a CAGR of 2.8% from 2025 to 2030. The market growth is largely driven by the increasing complexity and variability of power generation across the globe, which has created a growing demand for solutions that ensure grid stability and...

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