QYR Market Research Global Gate Bipolar Transistors STATCOM Market | Page 4

QYResearch
• The global Gate Bipolar Transistors STATCOM market is valued at USD 690
million in 2017 and is expected to reach USD 1074 million by the end of 2025,
growing at a Growth Rate of 5.68% between 2017 and 2025. The market is driven
by various end-user industries, such as Renewable Energy, Electric Utilitiesa and
Industrial & Manufacturing.
• The industry is relatively concentration, the key brand include ABB, Siemens,
Rongxin, Sieyuan Electric, Hitachi, Mitsubishi Electric, S&C Electric, GE, AMSC ,
Ingeteam, Beijing In-power Electric Co., Ltd, Comsys AB, Merus Power and so on.
Among them, ABB, Siemens, Rongxin and Sieyuan Electric are the leaders.
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