- The key vendors in the Power Capacitor Market in India 2015-2019 are ABB Ltd., EPCOS India Pvt. Ltd., GE Digital Energy, Globe Capacitors Ltd. and Schneider Electric SE
London, 31 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Hodgkin’s Lymphoma Therapeutics Market 2014-2018. Technological evolution in the field of capacitors is one of the key emerging trends in the market. New-age capacitors come with better safety features, durability, performance, reliability, compactness, and other essential features. Vendors are also offering higher Kvar density in MV power capacitors, which makes the size of the installation smaller. The Power Capacitor market in India is expected to grow at a CAGR of 12.46 percent during the period 2014-2019.
With rapid industrialization, the Power sector is expected to substitute and renovate its existing infrastructure and plans to expand the network. With the growth of the Power sector, the demand for power capacitors is expected to rise, propelling market growth.
The Power Capacitor market in India is engaged by both local and international vendors. Some are big brands in the international market. These players possess a diversified product portfolio that consists of LV as well as MV and HV power capacitors.
“With the demand for power capacitors on the rise, the introduction of these advanced capacitors will drive the Capacitor industry even further,” says Faisal Ghaus, Vice President of Technavio Research.
“Further, the government has plans to invest heavily to improve the Power sector. This indicates that capacities will increase in the future.”
To define the market conditions 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%…
