Synchronous Condenser Market Key Growth Factor Analysis & Research Study 2030

August 1, 2022 1 Min read Views 97 NEWS

The global Synchronous Condenser Market is projected to grow from USD 661 million in 2022 to USD 811 million by 2030, registering a CAGR of 2.6% during the review period. The developments in the power transmission and distribution networks to maintain grid operations and the increasing investments in expanding the renewable energy capacities are the key factors driving the growth of the synchronous condenser market.

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Tags: energy market research report

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