London, 22 May 2015: Technavio, the independent tech-focused global research firm, has published a report on the global high-voltage capacitor market 2015-2019, which is expected to grow at a CAGR of 15.43% during 2015-2019.
Recently, it has been noticed that numerous electric and non-electric generators are replacing their old equipment so as to avoid huge power losses pertaining to the usage of old transmission and distribution (T&D) equipment. This process of replacing the old T&D equipment with the latest one is a major contributing factor that drives market growth of the high-voltage capacitor.
“With the increase in competition among market vendors, several vendors are investigating opportunities to increase their market presence by product differentiation,” says Faisal Ghaus, Vice President of Technavio.
“In addition, the rise in R&D investment is compelling companies to develop cost-effective products that may increase their competitiveness in the market.”
Key Market Drivers:
- Rapid industrialization worldwide.
- Need for low transmission losses in prevailing power infrastructure.
- Increased demand from replacement activities.
Key Market Trends:
- Introduction of innovative raw materials.
- Component miniaturization.
- Increased R&D investments.
Key Market Vendors:
- ABB Ltd.
- Alstom SA.
- Eaton Corporation Plc.
- Murata Manufacturing.
- Samsung Electro-Mechanics.
- Walsin Technology Corp.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
