Tag Archives: Synchronous Condensers Market

The global synchronous condenser market was valued at $570 million in 2020 and is expected to grow at a CAGR of 3.2% during the forecast period of 2022 to 2030. A synchronous condenser is a device that produces reactive power that is 90 degrees out of phase with real power. A synchronous condenser’s shaft, like that of a synchronous motor, ...