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Voltage or VAR Management Market

Energy, Power and Mining Voltage or VAR Management Market EP0176 Aug-2021

Voltage/VAR management technologies are utilized by the power industry to reduce electrical line losses and increase grid efficiency. It is important for the performance of electrical utility, likeability to deliver power within appropriate voltage limits for proper operation of consumer equipment, and to minimize losses. Increased renewable power integration, improvements in energy efficiency and system voltages within the distribution system, and reduction within the environmental impact of energy delivery drive the expansion of the global Volt/VAR systems market. However, the demand for high initial prices impedes the market growth. increased energy efficiency offers a major opportunity for market growth. The global market is segregated on the basis of Solution as Volt/VAR Control, Distribution Voltage Optimization, Conservation Voltage Reduction, Distribution Volt/VAR Control, and Others.

The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Abb, General electric company, Schneider Electric, Siemens ag, Silver spring networks, Beckwith electric co., inc., Eaton, Gridco systems, S&c electric company, Varentec, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Voltage/VAR management market has been segmented as below:

By Solution

  • Volt/VAR Control
  • Distribution Voltage Optimization
  • Conservation Voltage Reduction
  • Distribution Volt/VAR Control
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Abb
  • General electric company
  • Schneider electric
  • Siemens ag
  • Silver spring networks
  • Beckwith electric co., inc.
  • Eaton
  • Gridco systems
  • S&c electric company
  • Varentec

The report covers the below scope:

  • Global market sizes from 2019 to 2054, along with CAGR for 2019-2025
  • Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2020 and forecast from 2021 to 2025
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Abb, General electric company, Schneider Electric, Siemens ag, Silver spring networks, Beckwith electric co., inc., Eaton, Gridco systems, S&c electric company, Varentec, and others.

Why Buy this Report:

  • Gain detailed insights on the Voltage/VAR management industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. Voltage/VAR Management Market, By Solution

            5.1 Introduction

            5.2 Volt/VAR Control

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Distribution Voltage Optimization

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Conservation Voltage Reduction

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

            5.5 Distribution Volt/VAR Control

                        5.5.1 Market Overview

                        5.5.2 Market Size and Forecast

            5.6 Others

                        5.6.1 Market Overview

                        5.6.2 Market Size and Forecast

  1. Voltage/VAR Management Market, By Geography

            6.1 Introduction

            6.2 North America

                        6.2.1 North America Market, By Solution

            6.3 Europe

                        6.3.1 Europe Market, By Solution

            6.4 Asia-Pacific

                        6.4.1 Asia-Pacific Market, By Solution

            6.5 Rest of the World

                        6.5.1 Rest of the World Market, By Solution

  1. Competitive Insights

            7.1 Key Insights

            7.2 Company Market Share Analysis

            7.3 Strategic Outlook

                        7.3.1 Mergers & Acquisitions

                        7.3.2 New Product Development

                        7.3.3 Portfolio/Production Capacity Expansions

                        7.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        7.3.5 Others

  1. Company Profiles

            8.1 Abb

                        8.1.1 Company Overview

                        8.1.2 Product/Service Landscape

                        8.1.3 Financial Overview

                        8.1.4 Recent Developments

            8.2 General electric company

                        8.2.1 Company Overview

                        8.2.2 Product/Service Landscape

                        8.2.3 Financial Overview

                        8.2.4 Recent Developments

            8.3 Schneider electric

                        8.3.1 Company Overview

                        8.3.2 Product/Service Landscape

                        8.3.3 Financial Overview

                        8.3.4 Recent Developments

            8.4 Siemens ag

                        8.4.1 Company Overview

                        8.4.2 Product/Service Landscape

                        8.4.3 Financial Overview

                        8.4.4 Recent Developments

            8.5 Silver spring networks

                        8.5.1 Company Overview

                        8.5.2 Product/Service Landscape

                        8.5.3 Financial Overview

                        8.5.4 Recent Developments

            8.6 Beckwith electric co., inc.

                        8.6.1 Company Overview

                        8.6.2 Product/Service Landscape

                        8.6.3 Financial Overview

                        8.6.4 Recent Developments

            8.7 Eaton

                        8.7.1 Company Overview

                        8.7.2 Product/Service Landscape

                        8.7.3 Financial Overview

                        8.7.4 Recent Developments

            8.8 Gridco systems

                        8.8.1 Company Overview

                        8.8.2 Product/Service Landscape

                        8.8.3 Financial Overview

                        8.8.4 Recent Developments

            8.9 S&c electric company

                        8.9.1 Company Overview

                        8.9.2 Product/Service Landscape

                        8.9.3 Financial Overview

                        8.9.4 Recent Developments

            8.10 Varentec

                        8.10.1 Company Overview

                        8.10.2 Product/Service Landscape

                        8.10.3 Financial Overview

                        8.10.4 Recent Developments

The global Voltage/VAR management market has been segmented as below:

By Solution

  • Volt/VAR Control
  • Distribution Voltage Optimization
  • Conservation Voltage Reduction
  • Distribution Volt/VAR Control
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Abb
  • General electric company
  • Schneider electric
  • Siemens ag
  • Silver spring networks
  • Beckwith electric co., inc.
  • Eaton
  • Gridco systems
  • S&c electric company
  • Varentec
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