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The Static Var Generator (SVG) market is a subset of the larger generator market. It is composed of devices that are used to regulate the voltage and reactive power of an electrical system. SVGs are used to improve the power quality of a system, reduce losses, and increase the efficiency of the system. They are also used to reduce the risk of voltage instability and to protect the system from faults.
SVGs are typically used in industrial and commercial applications, such as power plants, factories, and data centers. They are also used in renewable energy systems, such as wind and solar farms.
The SVG market is highly competitive, with many companies offering a wide range of products. Some of the major players in the market include ABB, Siemens, Schneider Electric, Eaton, and Mitsubishi Electric. Show Less Read more