A capacitor bank is merely a grouping of several capacitors of the same rating. Capacitor banks may be connected in series or parallel, depending upon the desired rating. As with an individual capacitor, banks of capacitors are used to store electrical energy and condition the flow of that energy. Increasing the number of capacitors in a bank will increase the capacity of energy that can be stored on a single device. In this report, it can be divided into two types LV & MV capacitor banks (less than 35 KV) and HV capacitor banks (above 35 KV).
According to our (Global Info Research) latest study, the global Capacitor Banks market size was valued at US$ 3343 million in 2023 and is forecast to a readjusted size of USD 4219 million by 2030 with a CAGR of 3.4% during review period.
According to regions, North America dominated the entire market of the capacitor banks with about 31% of the global market share in 2019.Following North America, Europe made up about 28% of the market share.
Between the two types of capacitor banks, the LV & MV capacitor banks held more market share with around 57% in 2019.
This report is a detailed and comprehensive analysis for global Capacitor Banks market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Capacitor Banks market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030
Global Capacitor Banks market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030
Global Capacitor Banks market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K USD/Unit), 2019-2030
Global Capacitor Banks market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Capacitor Banks
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Capacitor Banks market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Eaton, GE, Siemens Energy, Sieyuan, Chint Group, Arteche, SAMWHA, Alpes Technologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Capacitor Banks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
LV & MV Capacitor Banks
HV Capacitor Banks
Market segment by Application
Commercial
Residential
Industrial
Major players covered
ABB
Schneider Electric
Eaton
GE
Siemens Energy
Sieyuan
Chint Group
Arteche
SAMWHA
Alpes Technologies
Herong Electric
Shreem Electric
Bree
CIRCUTOR
Sun.King Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Capacitor Banks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Capacitor Banks, with price, sales quantity, revenue, and global market share of Capacitor Banks from 2019 to 2024.
Chapter 3, the Capacitor Banks competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Capacitor Banks breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Capacitor Banks market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Capacitor Banks.
Chapter 14 and 15, to describe Capacitor Banks sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Capacitor Banks. Industry analysis & Market Report on Capacitor Banks is a syndicated market report, published as Global Capacitor Banks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Capacitor Banks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.