Report forecast the Power Capacitor market in India
to grow at a CAGR of 12.46 percent over the period 2015-2019.
An electrical device used to improve the power factor
of an electrical power system, which is operating an inductive load, is known
as a power capacitor. Many industries use induction motors that induce low
power factor in the adjacent distribution line that leads to massive Kvar loss.
It negatively impacts the usage of energy. To conserve energy, one of the most
important measures taken is the improvement of power factor. Power capacitors,
when connected to a transmission line, improves the overall power factor, which
positively affects the power factor of an end-user industry. Though it has
limited usage, capacitors are sometimes used to store energy.
This report covers the present scenario and the
growth prospects of the Power Capacitor market in India during the period
2015-2019. For ascertaining the market size and vendor share, the report
considers revenue obtained from the sales of power capacitors.
According to the report, various progressive policies
undertaken by the government are the major factors driving the market.
Penalties and incentives for the utilities as per the quality of power
available in the network are one of the significant initiatives being taken up
by the government.
Further, the report states that there are growing
concerns over the lack of availability of raw materials hindering the Power
Capacitor market in India. The raw materials required to manufacture power
capacitors are scarce in the country. Almost 80 percent are imported from other
countries, which has a negative impact on the production time and cost of
capacitors.
The Power Capacitor Market in India 2015-2019, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the landscape of the Power Capacitor market in India
and its growth prospects in the coming years. The report includes a discussion
of the key vendors operating in this market.
Key players in the Power Capacitor Market in India:
ABB Ltd., EPCOS India Pvt. Ltd., GE Digital Energy, Globe Capacitors Ltd. and
Schneider Electric SE
Other Prominent Vendors in the market are: AB Power
System, Clariant Power System, Commerce, Electro Power Engineers, Jainam
Electronics, L&T and Shreem Electrics
Market Driver
- Government Policies
- For a full, detailed list, view our report
Market
Challenge
- Concern for Raw Materials
- For a full, detailed list, view our report
Market Trend
- Technological Evolution
- For a full, detailed list, view our report
Key Questions
Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 72 pages, “Power Capacitor Market in India 2015-2019” report
covers Executive Summary, List of Abbreviations, Scope of the Report, Market
Research Methodology, Introduction, Market Landscape, Market Segmentation by
Product, T&D Equipment Industry, Buying Criteria, Market Growth Drivers,
Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges,
Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://mrr.cm/4M4
Find all Electrical Components
Reports at: http://www.marketresearchreports.com/electrical-components
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