Shunt capacitors are widely accepted across the world in the industrial & commercial sector as a reliable & safety device, owing to its properties such as, improvement of the voltage at the load, better voltage regulation, reduction of losses and reduction or postponement of investments in transmission. Also, the compact design and low manufacturing cost make it permeable for the installation in various utilities and industrial sector.
The need for uninterrupted electric supply is growing because of the worldwide rise in population and rapid industrialization. The increasing need of reliable electric supply and subsequent investment in transmission & distribution network, grid expansion, and safe electrical infrastructure, are expected to drive the growth of the global shunt capacitor market.
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- General Electric (U.S.),
- Siemens AG (Germany),
- ABB Group (Switzerland),
- CIRCUTOR, SA (Spain),
- Magnewin Energy Pvt. Ltd (India),
- Schneider Electric SE (France),
- Mitsubishi Electric Corporation (Japan),
- L&T Electrical & Automation (India),
- Energe Capacitors Pvt. Ltd. (India)
- Eaton Corporation Plc (Ireland).
Market Research Analysis
The utilities segment holds the largest share of shunt capacitor market currently and is expected to continue in the forecast period. Utilities use shunt capacitors at distribution and utilization voltages to provide reactive power near the inductive loads that require it. Substations are the crucial elements of any grid system, and require high-level protection to safeguard the stability of the entire system. Shunt capacitors are used broadly by utilities to prevent damages to critical and expensive equipment. The increasing electricity access across the world, would result in an increase in the number of substations, which would in turn, raise the demand for shunt capacitors.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Shunt Capacitor Market Research Report - Forecast to 2023”
Scope of the Report
This study provides an overview of the global shunt capacitor market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global shunt capacitor market by its voltage, by end user and by regions.
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Shunt Capacitor Market, By Voltage
4.2 Low Voltage
4.3 Medium Voltage
4.4 High Voltage
5 Global Shunt Capacitor Market, By End-User
6 Regional Market Analysis
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