According to the new market research report ?Synchronous Condenser Market Size, Share & Trends Analysis Report by Cooling Type (Hydrogen-Cooles, Air-Cooled, Water-Cooled), Type (New & Refurbished), Starting Method (Static Frequency Converter, Pony Motor), End-User, Reactive Power Rating and Region, Supply & Demand Side Analysis, and Segment Forecasts, 2023-2030?, published by Delvens, the global Synchronous Condenser Market is expected to reach $947.1 million by 2030 from $615.2 million in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 2.7%.
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