Synchronous Condenser Market is Forecast to Reach USD 497 million by 2027, expanding at a CAGR of 2.2% during 2020-2027 | Report Size, Share, Growth & Global Forecast

The Synchronous Condenser Market is estimated to reach USD 497 million by the end of 2027, expanding at a CAGR of 2.2% over the forecast period (2020-2027). The factors driving the growth of Synchronous Condenser Market includes increasing investments in Power sector, growing emphasis on utilizing renewable sources of energy and rise in the installation of solar panels.
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