Synchronous Condenser Market Future Scope & Competitive Landscape 2032
https://dataintelo.com/report/....synchronous-condense
The global synchronous condenser market is experiencing robust expansion, driven by the escalating integration of renewable energy sources and the pressing need for grid stability. Valued at approximately USD 1.2 billion in 2023, the market is projected to reach USD 2.4 billion by 2032, registering a Compound Annual Growth Rate (CAGR) of around 7.5% during the forecast period.
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