Static VAR Compensator Market Insights: Valued at USD 1.2 Billion, Growth Continues to 2030
The Static VAR Compensator (SVC) Market is undergoing a significant transformation, driven by technological advancements, rising energy demands, and the need for efficient power management. According to Intent Market Research, the market was valued at USD 1.2 billion in 2023 and is expected to surpass USD 1.8 billion by 2030, growing at a robust CAGR of 5.9%...
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