The global high voltage capacitor market was valued at $1,779.90 million in 2017 and is projected to reach $3,307.10 million by 2025, growing at a CAGR of 8.0% from 2018 to 2025. High voltage (HV) capacitors are passive electronic components intended for storing charge and energy particularly in high voltage applications. High Voltage Capacitors composed of two conducting plates separated by an insulating material called the dielectric.
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Film capacitors are one of the high voltage capacitors made from plastic, that are used in enhanced and modern grid infrastructure to increase the electrification rate. Rise in demand for electricity across developing economies such as India, China and Brazil, is expected to lead these regions to enhance their grid infrastructure. This is a key factor that is projected to offer numerous growth opportunities to the HV capacitors market.
The high voltage capacitors are used by industries, such as electronics & semiconductor, owing to their high-temperature stability & outstanding insulation. . It is also used for different applications such as automotive industry and wear parts, chemical & process technology, medical, and others. The increasing use of high voltage capacitor in these applications is driving growth of the global high voltage capacitor. However, variability in cost of raw material such as plastic, and related high voltage hazards of the high voltage capacitors are possessing threat to the growth of the global high voltage capacitor market. Continuous advancements and innovation in the energy and power sector are anticipated to create lucrative growth opportunities in the high voltage capacitor market.
The global high voltage capacitors market is segmented based on dielectric, application, capacity, and region. In accordance with dielectric, the market can be categorized into–plastic film, ceramic, aluminum, electrolytic, and others. Based on application, the study comprises power generation, transmission, distribution, and others. Based on the capacity, the market is classified as 500-1000V, 1001-7000V, 7001-14000V, and above 14000V. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Some of the major players analyzed in this report are General Electric, ABB Ltd., TDK Corporation, AVX Corporation, Maxwell Technologies, Siemens AG, Arteche Group, Presco AS, Vishay Intertechnology Inc., and Lifasa.
Key Benefits for High Voltage Capacitor Market:
- Porter’s five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current trends and future scenario of the high voltage capacitor market from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets.
- Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
- The profiles of key players along with their key strategic developments are enlisted in the report.
High Voltage Capacitor Key Market Segments:
Global High Voltage Capacitor Market, By Dielectric
Global High Voltage Capacitor Market, By Capacity
Global High Voltage Capacitor Market, By Application
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
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