Global Synchronous Condenser Market Trend, Size, Insights 2033
The Global Synchronous Condenser Market Size is Anticipated to Exceed USD 721.50 Billion by 2033, Growing at a CAGR of 2.63% from 2023 to 2033.The term "synchronous condenser" refers to a DC-excited synchronous motor whose shaft spins freely and without external connections. It helps to modify the optimal grid configuration for the transmission of electric power.