The Static VAR Compensator (SVC) Market Size valued at USD 850.24 million in 2022, is projected to reach USD 1154.69 million by 2030, with a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030.
This growth is driven by increasing demand for reliable and efficient power supply systems, advancements in industrial automation, and the need to improve power quality and stability...
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