MEA Synchronous Condenser Market - Industry Trends and Forecast to 2030
Market Report I 2023-06-01 I 148 Pages I Data Bridge Market Research
Middle East and Africa synchronous condenser market is expected to reach USD 179,142.80 thousand by 2030 from USD 138,102.43 thousand in 2022 with a CAGR of 3.3% in the forecast period from 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Middle East and Africa Synchronous Condenser Market, By Cooling Technology (Hydrogen Cooled Synchronous Condenser, Air-Cooled Synchronous Condenser, and Water Cooled Synchronous Condenser), Starting Method (Static Frequency Convertor, Pony Motor, and Others), Reactive Power Rating (Above 200 MVAR, 101-200 MVAR, 61-100 MVAR, 31-60 MVAR, and 0-30 MVAR), End-User (Electrical Utilities and Industrial Sectors), Type (New Synchronous Condenser and Refurbished Synchronous Condenser), Design (Salient Pole Design and Cylindrical Rotor Design), No. of Poles (4 to 8, Less Than 4, and More Than 8), Excitation System Type (Static Excitation and Brushless Excitation System), Country (Saudi Arabia, U.A.E., Egypt, South Africa, Israel, Bahrain, Kuwait, Qatar, Oman, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Middle-East and Africa Synchronous Condenser Market Dynamics:
Driver:
- Rising demand for safe and secure electrical grid systems
Restraint:
- Stringent standards related to synchronous condenser
Opportunity:
- Rising government initiatives to reduce air pollution
Market Players
Some of the major players operating in the Middle East and Africa synchronous condenser market are:
- Doosan Skoda Power
- General Electric
- Eaton
- ABB
- Ansaldo Energia
- WEG
- Siemens Energy
- IDEAL ELECTRIC POWER CO
- ANDRITZ
- Mitsubishi Electric Power Products, Inc.
- Power Systems & Controls, Inc.
- Baker Hughes Company
- Shanghai Electric
- INGETEAM, S.A.
- Hitachi Energy Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 30
1.3 OVERVIEW OF THE MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET 30
1.4 CURRENCY AND PRICING 33
1.5 LIMITATIONS 33
1.6 MARKETS COVERED 33
2 MARKET SEGMENTATION 36
2.1 MARKETS COVERED 36
2.2 YEARS CONSIDERED FOR THE STUDY 37
2.3 GEOGRAPHIC SCOPE 38
2.4 DBMR TRIPOD DATA VALIDATION MODEL 39
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 42
2.6 DBMR MARKET POSITION GRID 43
2.7 VENDOR SHARE ANALYSIS 45
2.8 MULTIVARIATE MODELLING 46
2.9 COOLING TECHNOLOGY CURVE 47
2.10 MARKET END-USER COVERAGE GRID 48
2.11 SECONDARY SOURCES 49
2.12 ASSUMPTIONS 49
3 EXECUTIVE SUMMARY 50
4 PREMIUM INSIGHTS 53
5 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY COOLING TECHNOLOGY 54
5.1 OVERVIEW 55
5.2 HYDROGEN COOLED SYNCHRONOUS CONDENSER 56
5.3 AIR-COOLED SYNCHRONOUS CONDENSER 57
5.4 WATER COOLED SYNCHRONOUS CONDENSER 57
6 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY STARTING METHOD 58
6.1 OVERVIEW 59
6.2 STATIC FREQUENCY CONVERTOR 60
6.3 PONY MOTOR 61
6.4 OTHERS 61
7 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY REACTIVE POWER RATING 62
7.1 OVERVIEW 63
7.2 ABOVE 200 MVAR 64
7.3 101-200 MVAR 65
7.4 61-100 MVAR 65
7.5 31-60 MVAR 66
7.6 0-30 MVAR 66
8 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY END USER 67
8.1 OVERVIEW 68
8.2 ELECTRICAL UTILITIES 69
8.3 INDUSTRIAL SECTORS 69
9 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY TYPE 70
9.1 OVERVIEW 71
9.2 NEW SYNCHRONOUS CONDENSER 72
9.3 REFURBISHED SYNCHRONOUS CONDENSER 72
10 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY DESIGN 73
10.1 OVERVIEW 74
10.2 SALIENT POLE DESIGN 75
10.3 CYLINDRICAL ROTOR DESIGN 75
11 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY NO. OF POLES 76
11.1 OVERVIEW 77
11.2 4 TO 8 78
11.3 LESS THAN 4 79
11.4 MORE THAN 8 79
12 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY EXCITATION SYSTEM TYPE 80
12.1 OVERVIEW 81
12.2 STATIC EXCITATION 82
12.3 BRUSHLESS EXCITATION SYSTEM 83
13 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, BY REGION 84
13.1 MIDDLE EAST AND AFRICA 85
13.1.1 U.A.E 93
13.1.2 SAUDI ARABIA 95
13.1.3 EGYPT 97
13.1.4 SOUTH AFRICA 99
13.1.5 ISRAEL 102
13.1.6 QATAR 104
13.1.7 OMAN 106
13.1.8 BAHRAIN 108
13.1.9 KUWAIT 110
13.1.10 REST OF MIDDLE EAST AND AFRICA 112
14 MIDDLE EAST & AFRICA SYNCHRONOUS CONDENSER MARKET, COMPANY LANDSCAPE 113
14.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 113
15 COMPANY PROFILE 114
15.1 GENERAL ELECTRIC 114
15.1.1 COMPANY SNAPSHOT 114
15.1.2 REVENUE ANALYSIS 114
15.1.3 COMPANY SHARE ANALYSIS 115
15.1.4 PRODUCT PORTFOLIO 115
15.1.5 RECENT DEVELOPMENTS 115
15.2 ABB 117
15.2.1 COMPANY SNAPSHOT 117
15.2.2 REVENUE ANALYSIS 117
15.2.3 COMPANY SHARE ANALYSIS 118
15.2.4 PRODUCT PORTFOLIO 118
15.2.5 RECENT DEVELOPMENTS 118
15.3 EATON 120
15.3.1 COMPANY SNAPSHOT 120
15.3.2 REVENUE ANALYSIS 121
15.3.3 COMPANY SHARE ANALYSIS 121
15.3.4 SERVICE PORTFOLIO 122
15.3.5 RECENT DEVELOPMENTS 122
15.4 BAKER HUGHES COMPANY 123
15.4.1 COMPANY SNAPSHOT 123
15.4.2 REVENUE ANALYSIS 123
15.4.3 COMPANY SHARE ANALYSIS 124
15.4.4 PRODUCT & SERVICES PORTFOLIO 124
15.4.5 RECENT DEVELOPMENTS 124
15.5 ANDRITZ 125
15.5.1 COMPANY SNAPSHOT 125
15.5.2 REVENUE ANALYSIS 125
15.5.3 COMPANY SHARE ANALYSIS 126
15.5.4 PRODUCT PORTFOLIO 126
15.5.5 RECENT DEVELOPMENTS 126
15.6 ANSALDO ENERGIA 127
15.6.1 COMPANY SNAPSHOT 127
15.6.2 REVENUE ANALYSIS 127
15.6.3 PRODUCT PORTFOLIO 128
15.6.4 RECENT DEVELOPMENTS 128
15.7 DOOSAN SKODA POWER 129
15.7.1 COMPANY SNAPSHOT 129
15.7.2 PRODUCT PORTFOLIO 129
15.7.3 RECENT DEVELOPMENTS 129
15.8 HITACHI ENERGY LTD 130
15.8.1 COMPANY SNAPSHOT 130
15.8.2 REVENUE ANALYSIS 131
15.8.3 PRODUCT PORTFOLIO 131
15.8.4 RECENT DEVELOPMENTS 132
15.9 IDEAL ELECTRIC POWER CO. 133
15.9.1 COMPANY SNAPSHOT 133
15.9.2 PRODUCT PORTFOLIO 133
15.9.3 RECENT DEVELOPMENT 133
15.10 INGETEAM 134
15.10.1 COMPANY SNAPSHOT 134
15.10.2 PRODUCT PORTFOLIO 134
15.10.3 RECENT DEVELOPMENT 134
15.11 MITSUBISHI ELECTRIC POWER PRODUCTS, INC. 135
15.11.1 COMPANY SNAPSHOT 135
15.11.2 REVENUE ANALYSIS 135
15.11.3 SOLUTION PORTFOLIO 136
15.11.4 RECENT DEVELOPMENT 136
15.12 POWER SYSTEMS & CONTROLS, INC. 137
15.12.1 COMPANY SNAPSHOT 137
15.12.2 PRODUCT PORTFOLIO 137
15.12.3 RECENT DEVELOPMENT 137
15.13 SHANGHAI ELECTRIC POWER GENERATION EQUIPMENT CO.,LTD. (A SUBSIDIARY OF SHANGHAI ELECTRIC) 138
15.13.1 COMPANY SNAPSHOT 138
15.13.2 REVENUE ANALYSIS 138
15.13.3 PRODUCT PORTFOLIO 139
15.13.4 RECENT DEVELOPMENTS 139
15.14 SIEMENS 140
15.14.1 COMPANY SNAPSHOT 140
15.14.2 REVENUE ANALYSIS 140
15.14.3 PRODUCT PORTFOLIO 141
15.14.4 RECENT DEVELOPMENTS 141
15.15 WEG 142
15.15.1 COMPANY SNAPSHOT 142
15.15.2 REVENUE ANALYSIS 142
15.15.3 PRODUCT PORTFOLIO 143
15.15.4 RECENT DEVELOPMENTS 143
16 QUESTIONNAIRE 144
17 RELATED REPORTS 148
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