Regional Insights into the Synchronous Condenser Market: Growth Hotspots in North America, Europe, and Asia-Pacific
The global synchronous condenser market size was USD 662.6 million in 2022 and is expected to register a rapid revenue CAGR of 2.5% during the forecast period. Increasing use of renewable and sustainable energy sources and rising requirement of Power Factor Correction (PFC) and investments in developing Transmission And Distribution (T&D) infrastructures and capacity additions are key...
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