Product Code: ETC4589009 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Static Var Compensator (SVC) market in Indonesia is growing as industries recognize the importance of voltage control and power quality improvement. SVCs are crucial for maintaining grid stability and enhancing the reliability of electrical systems. With an emphasis on power quality and grid efficiency, the Indonesia SVC market is poised for expansion.
The Indonesia Static Var Compensator (SVC) market is expanding due to several driving factors. Firstly, the increasing penetration of renewable energy sources like wind and solar power is creating fluctuations in the grid`s voltage and power quality. This is driving the adoption of SVCs to stabilize the grid and maintain voltage levels within acceptable limits. Additionally, the need for efficient power transmission and distribution is promoting the use of SVCs, which can enhance grid performance and reduce energy losses. Furthermore, the growing industrial and commercial sectors are demanding stable and reliable power supply, making SVCs a critical component in maintaining grid stability and ensuring the quality of power supply.
The static var compensator market in Indonesia faces challenges related to grid stability and reliability. Balancing reactive power in an electricity grid, especially in a country with varying power demands and distributed energy sources, can be technically demanding. Market players need to provide robust and adaptable SVC solutions to meet these challenges.
The COVID-19 pandemic had a mixed impact on the Indonesia static var compensator market. While some industries sought power quality improvement solutions, economic uncertainties led to budget constraints and delayed investments in SVC technology.
In the static var compensator (SVC) market in Indonesia, key players include PT ABB Sakti Industri, Siemens Indonesia, GE Power Conversion, and Schneider Electric Indonesia. These companies deliver SVC solutions that help maintain the stability of the power grid and improve voltage quality in the Indonesian electrical network.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Static VAR Compensator (SVC) Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Static VAR Compensator (SVC) Market - Industry Life Cycle |
3.4 Indonesia Static VAR Compensator (SVC) Market - Porter's Five Forces |
3.5 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Indonesia Static VAR Compensator (SVC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for stable power supply in Indonesia |
4.2.2 Increasing investments in renewable energy projects |
4.2.3 Government initiatives to modernize the power infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment cost for static var compensators |
4.3.2 Limited awareness and understanding of the benefits of SVC technology |
4.3.3 Regulatory and policy uncertainties in the energy sector |
5 Indonesia Static VAR Compensator (SVC) Market Trends |
6 Indonesia Static VAR Compensator (SVC) Market, By Types |
6.1 Indonesia Static VAR Compensator (SVC) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Thyristor-based, 2021-2031F |
6.1.4 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By MCR-based, 2021-2031F |
6.2 Indonesia Static VAR Compensator (SVC) Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Power electronic device, 2021-2031F |
6.2.3 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Harmonic filter, 2021-2031F |
6.2.4 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Thyristor, 2021-2031F |
6.2.5 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Reactor, 2021-2031F |
6.2.6 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Capacitor bank, 2021-2031F |
6.2.7 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By GIS switchgear, 2021-2031F |
6.2.8 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Surge arrester, 2021-2031F |
6.2.9 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Surge arrester, 2021-2031F |
6.3 Indonesia Static VAR Compensator (SVC) Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Electric Utility, 2021-2031F |
6.3.3 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Renewable- Wind Power & Solar Farm, 2021-2031F |
6.3.4 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Railway, 2021-2031F |
6.3.5 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Industrial- Steel & Mining , 2021-2031F |
6.3.6 Indonesia Static VAR Compensator (SVC) Market Revenues & Volume, By Oil & Gas, 2021-2031F |
7 Indonesia Static VAR Compensator (SVC) Market Import-Export Trade Statistics |
7.1 Indonesia Static VAR Compensator (SVC) Market Export to Major Countries |
7.2 Indonesia Static VAR Compensator (SVC) Market Imports from Major Countries |
8 Indonesia Static VAR Compensator (SVC) Market Key Performance Indicators |
8.1 Percentage increase in renewable energy capacity in Indonesia |
8.2 Number of new power infrastructure projects incorporating SVC technology |
8.3 Average downtime reduction in power distribution systems due to SVC implementation |
9 Indonesia Static VAR Compensator (SVC) Market - Opportunity Assessment |
9.1 Indonesia Static VAR Compensator (SVC) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Static VAR Compensator (SVC) Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Indonesia Static VAR Compensator (SVC) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Indonesia Static VAR Compensator (SVC) Market - Competitive Landscape |
10.1 Indonesia Static VAR Compensator (SVC) Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Static VAR Compensator (SVC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |