7 January 2019 – The Global Series Capacitor Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Series Capacitors, as the name suggests, are connected in series. The total capacitance is less than any one of the series capacitors individual’s capacitances. If two or additional capacitors are associated in series, the general result is that of a single capacitor taking the total plate space of the separate capacitors.
Additionally, Capacitors are the passive components in electronic circuits. Series Capacitor Market is categorized based on product type, applications, and geography. This Market is categorized based on product types such as High Voltage, Low Voltage, and Series Capacitor. The industry is categorized based on application into Resident, Industrial, Commercial, Other.
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Series Capacitor Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
North America has been at the forefront with regards to Series Capacitor Market and will continue to rule the roost in the years to come. Europe and Asia Pacific follow suit. Asia Pacific is expected to grow at the highest CAGR in the years to come.
Some of the key players that fuel the growth of the Series Capacitor Market include Schneider Electric, Eaton, Electronic on, Herong Electric, Nissin Electric, China XD, Siyuan, ABB, New Northeast Electric, TDK, LIFASA, GE Grid Solutions, Vishay, L&T, Guilin Power Capacitor. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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