This data file looks for leading companies in STATCOMs and SVCs by aggregating all Western patents that refer in their title, abstract or claims to “STATCOMs”, “Static VAR Compensators”, or similar.
We have aimed to evaluate the leading companies in these evolving FACTS opportunities, stabilizing the voltage and reactive power of renewables, especially wind projects.
Overall, the space is concentrated, with only a handful of companies have a diversified product offering here. Two pure-play Capital goods companies stand out as the leaders. A third Western company is close behind, growing via acquisitions.
Strong competition is also seen from Japanese, Korean and increasingly Chinese manufacturers. We also identified half-a-dozen relatively concentrated pure-play companies, some listed, some private.