Capacitor Banks Market

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 Capacitor Banks Market , it can be divided into two types LV & MV capacitor banks (less than 35 KV) and HV capacitor banks (above 35 KV).

Capacitor Banks Market contains market size and forecasts of Capacitor Banks in global, including the following market information:

Global Capacitor Banks Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Capacitor Banks Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Capacitor Banks companies in 2021 (%)

The global Capacitor Banks market was valued at 3220.8 million in 2021 and is projected to reach US$ 4056.3 million by 2028, at a CAGR of 3.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

LV & MV Capacitor Banks Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Capacitor Banks include ABB, Schneider Electric, Eaton, GE, Siemens Energy, Sieyuan, Chint Group, Arteche and SAMWHA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Capacitor Banks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Capacitor Banks Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Capacitor Banks Market Segment Percentages, by Type, 2021 (%)

LV & MV Capacitor Banks

HV Capacitor Banks

Global Capacitor Banks Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Capacitor Banks Market Segment Percentages, by Application, 2021 (%)

Commercial

Residential

Industrial

Global Capacitor Banks Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Capacitor Banks Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Capacitor Banks revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Capacitor Banks revenues share in global market, 2021 (%)

Key companies Capacitor Banks sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Capacitor Banks sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Schneider Electric

Eaton

GE

Siemens Energy

Sieyuan

Chint Group

Arteche

SAMWHA

Alpes Technologies

Herong Electric

Shreem Electric

Bree

CIRCUTOR

Sun.King Technology