•future growth of india reactive power compensation market is expected to be led by private players and the growth in demand from the upgradation and replacement reactive compensators segment will further drive the market •the market leader, abb is expected to maintain focus on intensive r&d, product innovations, and increased penetration to compete with other players in the industry ken research announced it has found that the market for reactive power compensation in India is expected to reach INR 20 billion by the end of the fiscal year 2020. The report covers a variety of topics, including the market size of the reactive power compensation market in India, market segmentation on the basis of end users, industries (power sector – transcos, discoms, and gencos and other sectors), by types (shunt capacitors, shunt reactors, static var compensators, variable series capacitors, and facts devices), energy sources (renewable and non-renewable), and capacity (high tension and low tension capacitors). The research is helpful for new companies entering the market, system integrators, producers of reactive power compensators, and wholesale distributors of reactive power compensators. The market for reactive power compensation in India has expanded significantly over the last several years as a result of expanding companies and government utilities, as well as the arrival of new businesses from outside of the country. The increase in demand for upgradation compensators, non-renewable and high tension capacitors in the industrial reactive power compensation market in India has been the primary driver of the expansion in recent years. abb has a broad product portfolio of compensation goods and controls the majority of the reactive power compensation market in India. These products satisfy the demand from both the power industry and the industrial sector. The research report predicts that the market for reactive power compensation in India will grow at a significant cagr rate, ultimately reaching a value of INR 20 billion by the year 2020. This is expected to occur as a result of an increase in the consumption and demand for electricity, as well as the requirement for the technology to lessen power losses and improve power quality in India. According to the research analyst at ken research, “the government utilities and corporations accounted for roughly 22 percent of the income created by the manufacturers, while the remainder of the money is generated by the private industries and power generating or t&d companies.” The paper focuses heavily on reactive power compensators as a central issue. -market size as measured in terms of revenue and demand -an examination of the value chain -segmentation of the market according to types of industries and end users otechnology oequipment used – growth drivers – issues and obstacles otechnology and equipment utilized -current trends and forthcoming changes a SWOT evaluation -the rules and restrictions imposed by the government -comparison of rival companies and market share -prospects for the future -measures of overall economic health goods of note that were discussed in the report banks of capacitors with harmonic filters bank systems of automated capacitors active harmonic filters for accusine and accusine plus power capacitors with reactivar hybrid var compensator technology Firms that deal in reactive power controllers are analyzed in this research. the abb india limited alstom company related reports include india emerson electric, schneider electric, and general electric: Power transformer market prognosis in India till 2019: export demand and favorable government policies will boost industry growth growing electricity penetration and the presence of private producers are expected to drive growth in the thermal power industry in Indonesia through 2018. the planned construction of nuclear power plants in Brazil is expected to be the primary development driver of the nuclear power generating and equipments market until 2030. Ankur Gupta, Head of Marketing and Communications at Ken Research may be reached at ankur@kenresearch.com or +91-9015378249. The Ken Research website can be found at www.kenresearch.com.
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