Power Capacitor Market in India 2015 Review, Research, Trends, Industry Size, Share and Forecast 2019
Deerfield Beach, FL -- (SBWire) -- 08/26/2015 --Power Capacitor market in India to grow at a CAGR of 12.46% 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.
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Covered in this Report
This report covers 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.
The report, 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.
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Key Vendors:
ABB
EPCOS
GE Digital Energy
Globe Capacitors
Schneider Electric
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Other Prominent Vendors:
AB Power System
Clariant Power System
Commerce
Electro Power Engineers
Jainam Electronics
L&T
Shreem Electrics
Market Driver:
Government Policies
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Market Challenge:
Concern for Raw Materials
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Market Trend:
Technological Evolution
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