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Power Capacitor Market in India to Grow at a CAGR of 12.46% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Power Capacitor Market in India 2015-2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 04/13/2015 -- 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://www.marketresearchreports.com/technavio/power-capacitor-market-india-2015-2019

Find all Electrical Components Reports at: http://www.marketresearchreports.com/electrical-components

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