Power capacitors form a small part of the electrical equipment industry in India. Their use is indispensable in the energy efficient systems as it is helps to reduce the overall power factor (PF) of the system. It is a cheaper product as compared to the other electrical equipments and with growing energy efficiency needs, its use and demand is rising rapidly. A cumulative growth in the Indian power sector is providing a fillip to the market. Growth in industrial sector is giving rise to demand for capacitors especially low tension capacitors. The application of capacitors is increasing across industries to save energy. Majority of it is supplies to the state electricity boards, DISCOMS and utilities in India. In order to meet the growing power generation capacities in India, power capacitors are likely to register a rapid growth in the future. Exports of the same are increasing rapidly to countries like China, Germany, Turkey and Spain. The report begins with an introduction to power capacitors market providing a brief description along with the types that are functional in India. It gives a clear overview of the uses of capacitors in the market. The market overview section provides an insight into the market as well as the market size and growth of capacitors on the basis of volume. Market segmentation on the basis of types is highlighted. The size and growth of the market on the basis of value has been added along with the product segmentation. Import and export figures of capacitors in the Indian market have been incorporated. An analysis of the drivers explains the factors for growth of the industry including growing focus on energy efficiency, growth in wind power sector, government initiatives and growing use of metallised polyproplene (mPP) technology. The key challenges include raw material costs and supply, technological backwardness and archaic business practices of state electricity boards. The competition section provides an overview of the competitive landscape in the industry along with market share of players in LT and HT capacitors segment on the basis of volume respectively. It includes a brief profile of the major players in the market including their financials.
Table of Contents
Page 1: Executive summary Introduction Page 2: Power Capacitors Market - Segmentation, Use of Power Capacitors Market Overview Page 3: Power Capacitors Market - Overview, Size & Growth (Volume: 2008-10), Market Segmentation - LT and HT Capacitors (2008-2010) Page 4: Power Capacitors Market - Overview, Size & Growth (Value: 2008-2015e); Market Segmentation - LT and HT Capacitors (2010) Page 5: Segments of Power Capacitors - Overview; Size & Growth (2010-2015e); Import and Export (2009-2010) Drivers & Challenges Page 6: Summary Page 7-10: Drivers Page 11-12: Challenges Competition Page 13: Competition - Overview, Market Share of LT and HT Capacitors (Volume) Page 14-21: Major Players
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends