Power factor correction capacitors (PFCC) helps improve distribution efficiency, correct interference in the system, effectively solve power problems such as low power factor, harmonics, surge and ripple, power stations, transmission systems, and contribute to energy loss in substations and distribution lines.The power factor in an ac circuit is the ratio of the actual power consumed to the apparent power (the product of voltage and current) (expressed in percentage or decimal).Power factor correction is the practice of increasing the power factor of an inductive circuit by inserting capacitance.When operating at a nearly uniform power factor, the efficiency of generation, transmission, or conversion is improved.The cheapest method is to install a power factor correction capacitor.
This report contains market size and forecasts of Power Factor Correction Capacitors in global, including the following market information:
Global Power Factor Correction Capacitors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Factor Correction Capacitors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Factor Correction Capacitors companies in 2021 (%)
The global Power Factor Correction Capacitors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Inflatable Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Factor Correction Capacitors include TDK, Myron Zucker, Eaton, Vishay, Aerovox, Captech, WEG Brasil, ABB and Siemens, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Power Factor Correction Capacitors 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 Power Factor Correction Capacitors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Capacitors Market Segment Percentages, by Type, 2021 (%)
Inflatable Type
Filled with Degradable Resin Type
Global Power Factor Correction Capacitors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Capacitors Market Segment Percentages, by Application, 2021 (%)
Information and Communication
Automobile
Industrial
Consumer Electronics
Other
Global Power Factor Correction Capacitors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Capacitors 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 Power Factor Correction Capacitors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Factor Correction Capacitors revenues share in global market, 2021 (%)
Key companies Power Factor Correction Capacitors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Factor Correction Capacitors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TDK
Myron Zucker
Eaton
Vishay
Aerovox
Captech
WEG Brasil
ABB
Siemens
CUI
Schneider Electric
Vishay
CAP AG