STATCOM Market Size to Surpass USD 1.24 Billion by 2033 | Research by SNS Insider [Yahoo! Finance]
General Electric Company (GE)
Last general electric company earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
Growth is driven by demand for fast voltage stabilization, rising renewable integration, grid modernization, expanding industrial loads, and stricter reliability standards. Austin, Jan. 08, 2026 (GLOBE NEWSWIRE) -- STATCOM Market Size & Growth Insights: According to the SNS Insider, “The STATCOM Market Size is estimated at USD 0.72 billion in 2025 and is expected to reach USD 1.24 billion by 2033, growing at a CAGR of 7.12% from 2026-2033.” Increasing Integration of Renewable Energy Sources to Augment Market Growth Globally The need for sophisticated voltage control systems has increased dramatically due to the increased variability and instability in power grids caused by the quick growth of wind and solar installations. Fast-acting technologies, such as STATCOM systems, are necessary for utilities to maintain voltage stability, provide dynamic reactive power, and enhance overall power quality as renewable energy sources fluctuate owing to shifting weather conditions. These s
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GE
Earnings
- 10/22/25 - Beat
GE
Sec Filings
- 1/5/26 - Form 4
- 12/18/25 - Form 4
- 12/3/25 - Form 4
- GE's page on the SEC website