| Product Code: ETC4589020 | 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 Saudi Arabia Static VAR Compensator (SVC) Market involves devices and systems that improve the power quality and stability of electrical grids, particularly in applications with varying loads.
The Saudi Arabia Static Var Compensator (SVC) market is witnessing growth as industries focus on maintaining grid stability. SVCs play a critical role in regulating voltage and reactive power, contributing to market expansion.
Grid Stability and Reactive Power Control. Maintaining grid stability through effective reactive power control and ensuring the reliable operation of Static Var Compensators pose key challenges in the Saudi Arabia Static Var Compensator market. Providing solutions for stable grid performance is vital.
The COVID-19 pandemic influenced the Saudi Arabia static var compensator (SVC) market by highlighting the need for stable and reliable power quality. With the increased importance of remote work and digital connectivity, businesses sought solutions to ensure consistent power supply. Static var compensators, with their ability to manage voltage fluctuations, gained prominence in maintaining grid stability. The pandemic accelerated the adoption of SVCs as part of efforts to enhance power quality and infrastructure resilience.
Prominent providers of static var compensators in Saudi Arabia include Siemens AG, ABB Ltd, and General Electric Company, offering solutions for voltage control in power systems.
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 Saudi Arabia Static VAR Compensator (SVC) Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Static VAR Compensator (SVC) Market - Industry Life Cycle |
3.4 Saudi Arabia Static VAR Compensator (SVC) Market - Porter's Five Forces |
3.5 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Saudi Arabia Static VAR Compensator (SVC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity and power quality improvement in Saudi Arabia |
4.2.2 Growing focus on renewable energy integration in the country |
4.2.3 Government initiatives to improve grid stability and reliability |
4.3 Market Restraints |
4.3.1 High initial investment cost for static var compensators |
4.3.2 Technical challenges related to integration and operation of SVCs in the existing grid infrastructure |
5 Saudi Arabia Static VAR Compensator (SVC) Market Trends |
6 Saudi Arabia Static VAR Compensator (SVC) Market, By Types |
6.1 Saudi Arabia Static VAR Compensator (SVC) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Thyristor-based, 2021-2031F |
6.1.4 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By MCR-based, 2021-2031F |
6.2 Saudi Arabia Static VAR Compensator (SVC) Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Power electronic device, 2021-2031F |
6.2.3 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Harmonic filter, 2021-2031F |
6.2.4 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Thyristor, 2021-2031F |
6.2.5 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Reactor, 2021-2031F |
6.2.6 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Capacitor bank, 2021-2031F |
6.2.7 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By GIS switchgear, 2021-2031F |
6.2.8 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Surge arrester, 2021-2031F |
6.2.9 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Surge arrester, 2021-2031F |
6.3 Saudi Arabia Static VAR Compensator (SVC) Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Electric Utility, 2021-2031F |
6.3.3 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Renewable- Wind Power & Solar Farm, 2021-2031F |
6.3.4 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Railway, 2021-2031F |
6.3.5 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Industrial- Steel & Mining , 2021-2031F |
6.3.6 Saudi Arabia Static VAR Compensator (SVC) Market Revenues & Volume, By Oil & Gas, 2021-2031F |
7 Saudi Arabia Static VAR Compensator (SVC) Market Import-Export Trade Statistics |
7.1 Saudi Arabia Static VAR Compensator (SVC) Market Export to Major Countries |
7.2 Saudi Arabia Static VAR Compensator (SVC) Market Imports from Major Countries |
8 Saudi Arabia Static VAR Compensator (SVC) Market Key Performance Indicators |
8.1 Capacity utilization rate of static var compensators in Saudi Arabia |
8.2 Number of grid stability incidents before and after SVC implementation |
8.3 Percentage increase in renewable energy capacity integrated with SVCs |
9 Saudi Arabia Static VAR Compensator (SVC) Market - Opportunity Assessment |
9.1 Saudi Arabia Static VAR Compensator (SVC) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Static VAR Compensator (SVC) Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Saudi Arabia Static VAR Compensator (SVC) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Saudi Arabia Static VAR Compensator (SVC) Market - Competitive Landscape |
10.1 Saudi Arabia Static VAR Compensator (SVC) Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Static VAR Compensator (SVC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |