Grid modernization and renewable power integration increase demand...

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2026-10-08 08:24:43 -

Grid modernization and renewable power integration increase demand for reactive power management and power quality equipment

The global Power Capacitors market was valued at USD 4.70 Billion in 2025 and is projected to reach USD 9.50 Billion by 2035. Demand is increasing as utilities and industrial users upgrade electrical networks to manage higher loads, improve voltage stability, and reduce transmission losses. Renewable generation and electrification are also increasing the need for reactive power compensation...

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