Growing Transmission and Distribution Network Driving the Demand for High Voltage Capacitors
London, May 16, 2018: Factors such as rapid industrial development across emerging markets and growing transmission and distribution network worldwide have subsequently increased the demand for high voltage capacitors. In terms of applications, high voltage capacitor is majorly used in bulk power transmission as it helps to reduce transmission losses. The adoption and implementation of a technological upgrade in the power market has enhanced the efficiency of high voltage capacitors and improved the end-user experience, which drives the market growth
SpendEdge’s latest procurement research report on the global high voltage capacitor market offers an in-depth assessment of the crucial factors influencing the supply market, strategic procurement and sourcing decisions, pricing models, and procurement best practices. The report, a part of the electrical component, also offers detailed insights into the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
“High voltage capacitors are used in diverse end-user industries such as power supplies, power transmission and distribution, drive systems and inverters, motors, oil and gas electronics, and medical electronics. Further, high voltage capacitor demand is relatively strong in smartphones, tablet, automotive electronics, and computers, which is anticipated to drive the market growth.” – Tridib Bora, electrical components expert at SpendEdge.
Reliability of high voltage capacitor is important to ensure their safe operation. Buyers conduct several tests to check the reliability of capacitors. Therefore, buyers/suppliers must check various documents published by international and national bodies such as International Electrotechnical Commission as they enumerate guidelines regarding the reliability of capacitors.
Need more insights on this report?
This procurement report on the high voltage capacitor market offers insights on:
- Supply markets, growth drivers, trends, and imminent restraints
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
Get unlimited access to all our reports. Get access to our reports to gain insights, platform ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Request a free demo now