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2026-10-09 08:29:12 -

The Role of Reactive Power Compensation in the Synchronous Condenser Market

The global synchronous condenser market was valued at USD 702.43 million in 2025 and is expected to grow at a CAGR of 3.0% during the forecast period from 2026 to 2034, according to Polaris Market Research. The market is estimated at USD 723.40 million in 2026 and is projected to reach USD 920.00 million by 2034. For utilities and power producers, this once-fading technology is regaining...

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