India Reactive Power Compensation Market Outlook 2015-2020 - Rising Industrial Output and Renewable Energy Integration to Foster Growth

19 Jan, 2016, 10:10 ET from Research and Markets

DUBLIN, Jan. 19, 2016 /PRNewswire/ -- 

Research and Markets (http://www.researchandmarkets.com/research/tp84fb/india_reactive) has announced the addition of the "India Reactive Power Compensation Market Outlook to 2020 - Rising Industrial Output and Renewable Energy Integration to Foster Growth" report to their offering.

The report titled 'India Reactive Power Compensation Market Outlook to 2020 - Rising Industrial Output and Renewable Energy Integration to Foster Growth' provides a comprehensive analysis of the various aspects such as market size of the India reactive power compensation, organized and unorganized market, reactive power compensation market for the renewable energy, market for different type of reactive power compensation equipments and others. The report also covers the market shares and revenues of major manufacturers in India and international players in the reactive power compensation equipments market.

This market can be divided in three types, first for very slowly varying loads (high rise buildings, servers, escalators, distribution, elevators transformers and others), second is for fast changing loads (traction, elevators, and many of industrial loads), and third is very fast changing loads (spot welding, arc furnaces, cold rolling mills and others). The first two types of loads can employ APFC or TSC type compensation. However, the last category requires STATCON which is the dynamic reactive power compensator based on IGBT technology. The cost of this technology could be INR 4,000 to 5,000 / kVAr. The market was broadly divided as reactive power compensation using conventional technology and reactive power compensation using IGBT or active converter based technology.

The market of the reactive power compensation shall provide a number of opportunities for the manufacturers, local as well as international. The market is expected to rise in the coming five years (FY'2016-FY'2020) as the need for the reactive power compensation shall increase. This demand is expected to be driven by the integration of the renewable energy sources to the national grid. The increased demand of electricity in the future shall increase the need of better infrastructure and technology which shall be a major factor to drive the growth of the reactive power compensation equipments. The reactive power compensation market is expected to witness a year on year increase in the next five years to reach INR - crore by the end of the FY'2020 by growing at a CAGR of more than 22.5%.

Key Topics Covered in the Report:

- Market size on the reactive power compensation market on the basis of revenues in India, FY'2010-FY'2015 - Market size on the reactive power compensation market on the basis of demand in India, FY'2010-FY'2015. FY'2010-FY'2015 - Segmentation on basis of Type of Technology, by Type of Energy Source, by Production, by Demand categories, by type of equipments, FY'2015 - Market share of the major reactive power compensation players, FY'2015 - Value chain of the reactive power compensation market of India - including system integrators, distributors, turnkey solutions providers - Business Models for the reactive power compensation market of India - India Reactive Power Compensation Market Future Outlook And Projections, FY'2016-FY'2020 - Company profiles of ABB, Schneider Electric, Alstom, General Electric and Emerson Electric. - SWOT analysis, Growth drivers and restraints, Issues and Challenges of the reactive power compensation market of India - Decision process, Reactive power management in India and Government regulations. - Comparative analysis of the reactive power compensation in India with other countries. - Macro Economic factors affecting India reactive power compensation market - Future outlook and projections of India reactive power compensation market

Companies Mentioned

- ABB India - Alstom India - Crompton - Emerson Electric - General Electric - Schneider Electric - Shreem Electrics

For more information visit http://www.researchandmarkets.com/research/tp84fb/india_reactive

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

 

 

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