Synchronous Condenser Market Overview:
The market size of Synchronous Condensers reached USD 0.6 billion in 2022 and is anticipated to witness growth, with the industry projected to increase from USD 0.63 billion in 2023 to USD 0.95 billion by 2032. This represents a compound annual growth rate (CAGR) of 5.20% over the forecast period from 2023 to 2032.
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