New York – December 1, 2023 - Research Nester’s recent market research analysis on “Series Capacitors Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global Series Capacitors market in terms of market segmentation by type, application, and by region.

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Growing use in the Healthcare Industry to Promote Global Market Share of Series Capacitors
An increasing number of medical applications are using electronics, from smart tags for surgical packs to big imaging devices. Passive components are essential to medical systems for imaging, patient monitoring, medication delivery, and dispensing. Because they are not biodegradable, batteries or series capacitors that power implantable medical electronic devices frequently need to be taken out of the body after fulfilling their intended function. A longer service life, excellent reliability, and passing strict screening processes are among the prerequisites. Capacitor design and material typically need to be upgraded and made smaller in order to match today's consumer demand. The medical industry is expected to employ these products and components more frequently, hence it is anticipated that the series capacitor market will expand during the forecast period.

Some of the major growth factors and challenges that are associated with the growth of the global Series Capacitors market are:
Growth Drivers:
• Increasing Popularity of Series Capacitors in Consumer Electronics
• Increasing Utilization of Renewable Products
Challenges:
The main disadvantage of series-connected capacitors is that they reduce the circuit's impedance at high frequencies. This is due to the fact that capacitance and impedance have an inverse relationship, and the total capacitance of a parallel circuit is larger than the sum of the capacitances of the individual capacitors. Because it allows high-frequency signals to pass through the circuit, this can produce distortion or interference in circuits designed to have a high impedance. As a result, this aspect can hinder the market's growth for series capacitors.

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By voltage type, the global Series Capacitors market is segmented into high and low. The high voltage segment is anticipated to hold the largest share of 56% during the projected period. High-voltage capacitors are primarily employed in residential and commercial structures to transmit extra-high voltage (EHV) and ultra-high voltage (UHV) and to guarantee a continuous power supply. Additionally, capacitors are growing more and more in demand across a wide range of industries due to their insulating properties and ability to tolerate high temperatures. Also, a greater number of mobile phones, televisions, multimedia players, and smart televisions that utilize these gadgets are being manufactured as electronics have grown more integrated into consumers' daily lives. They can divide the power system to provide the grid more flexibility and offer a great deal of stability, resilience, control over the flow of electricity, and dependability.

By region, the North America series capacitors market is to hold a share of 34% by the end of 2036. The advancement in the production of electric vehicles and the acceleration of growth in North America are the results of the creation of ultra-small case-size capacitors for portable electronic gadgets. For instance, the use of electric vehicles has grown in numerous nations and regions in response to rising gasoline prices. Lithium-ion batteries, which provide a hybrid charging method, are used in electric vehicles instead of gasoline or diesel engines. Additionally, the region's use of series capacitors is being driven by the demand for increased power transmission efficiency. Power flow is optimized and transmission losses are decreased with the aid of series capacitors, which improve voltage stability and compensate for reactive power.

This report also provides the existing competitive scenario of some of the key players of the global Series Capacitors market which includes company profiling of BD (Becton, Dickinson and Company), Gerreshelmer AG, Baxter, Nemara, Kindeva Drug Delivery, West Pharmaceutical Services Inc., Ypsomed, Medtronic, E3D Elcam Drug Delivery Devices, AstraZeneca, Merck KGaA, and others.

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