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2026-01-08 07:51:04 -

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

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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