Press release
Capacitor Banks 2018 Market Emerging Technologies, Regional Trends, Historical Analysis, Latest Innovations and Forecast to 2027
Market Overview:-Currently, the Capacitor Banks market is spurting mainly due to the growing attention and substantial investment in renewable power energy generation. The tremendous yearly addition (in capacity) of renewable energy requires the strong transmission and distribution network, which ultimately increases the demand of capacitor banks. Additionally, many countries around the world are expanding and upgrading their electric grid infrastructure, so as to fulfil the growing demand of power and margining of grid to form inter grid connection. These developments are expected to provide vital boost for capacitor banks market. However, high initial investment and fluctuation in raw material prices are the major factor that may hamper the growth of the market.
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Industry Key Players:-
Some of the key players in the Capacitor Banks market are Alstom SA (France), BB Ltd. (Switzerland), Siemens Energy (Germany),Toshiba (Japan), Epcos AG (Germany) and others.
Study Objectives of Capacitor Banks :-
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Capacitor Banks market
To provide insights about factors affecting the market growth
To Analyze the Capacitor Banks market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East & Africa
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by technology, and by application, as well as its sub segments
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the Global Capacitor Banks market
Capacitor Banks Market - Segmentation
Global Capacitor Banks Market is segmented in to two key dynamics for an easy grasp and enhanced understanding.
Segmentation:
On the basis of technology, the market has been segmented as Line Commutated Converter (LCC), and Voltage Source Converter (VSC).
Based on End User, the market has been segmented into Commercial, Residential, and Industrial.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
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Global Capacitor Banks Market - Regional Analysis
Asia Pacific region dominates the global capacitor banks market mainly due to increasing demand for energy because of the growing population and improvement in the lifestyle in the region. China, India, japan and Indonesia are the major market in Asia Pacific region. China accounted for the largest share in Asia pacific region mainly due to strong economic growth along with high investment in transmission & distribution network. According to IEA World Energy Investment Outlook, China is investing around USD 83 billion on their transmission & distribution network. In India, the rising participation of the private sector in power generation, transmission and distribution sectors, is leading to the rapid development of robust and healthy domestic electrical equipment (EE) industry.
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