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Trends and Forecast for PP Film Capacitors in the HVDC Market

The future of PP film capacitors in the HVDC market looks promising with opportunities in the high voltage power transmission industry. PP film capacitors in the HVDC market is expected to reach an estimated $220.7 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing demand for renewable energy, increasing installation for HVDC systems, and low transmission loss and better stability of HVDC lines.
PP Film Capacitors in the HVDC Market by Technology, and Installation Type

Emerging Trends for PP Film Capacitors in the HVDC Market

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing size of capacitors and growing adoption of multi-terminal HVDC systems.
A total of 98 figures / charts and 75 tables are provided in this 160-page report to help in your business decisions. A sample figure with insights is shown below. 
PP Film Capacitors in the HVDC Market by Segments

PP Film Capacitors in the HVDC Market by Segment

The study includes trends and forecast for PP film capacitors in the global HVDC market by technology, installation type, and region as follows:

By Technology [Volume (K Units) and $M shipment analysis for 2018 – 2030]:

  • Line Commutated Converter (LCC)
  • Voltage Sourced Converter (VSC)

By Installation Type [Volume (K Units) and $M shipment analysis for 2018 – 2030]:

  • Open Rack
  • Others

By Region [Volume (K Units) and $M shipment analysis for 2018 – 2030]:

  • North America
    • United States
  • Europe
  • Asia Pacific
    • China
  • The Rest of the World

List of PP Film Capacitors Companies in the HVDC Market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies HVDC PP film capacitor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PP film capacitor companies profiled in this report includes.

PP Film Capacitors in the HVDC Market Insight

  • Lucintel forecasts that voltage sourced converter systems will remain the largest technology segment in terms of use of PP film capacitors due to growth in offshore wind capacity and black-start capability and finer reactive power control of VSC as compared to LCC technology.
  • Open rack will remain the largest installation type segment during the forecast period, driven by increasing open rack installation of HVDC systems.
  • Asia Pacific will remain the largest region by value and volume during the forecast period. Growing demand for electricity due to huge investment in infrastructure and urbanization, increasing investment in renewable energy, and implementation of UHVDC in China have resulted in high demand for PP based capacitors in this region.

Features of PP Film Capacitors in the HVDC Market

  • Market Size Estimates: PP film capacitors in the global HVDC market size estimation in terms of value ($M) & volume (K Units)
  • Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
  • Segmentation Analysis: Market size by technology and installation type
  • Regional Analysis: PP film capacitors for the HVDC market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different technologies, installation types, and regions for PP film capacitors in the HVDC market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of PP film capacitors in the global HVDC market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for PP film capacitors in HVDC market?
Answer: PP film capacitor in HVDC market is expected to grow at a CAGR of 7.0% from 2024 to 2030. 
Q2. What are the major drivers influencing the growth of PP film capacitors in HVDC market?
Answer: The major drivers for this market are growing demand for renewable energy, increasing installation for HVDC systems, and low transmission loss and better stability of HVDC lines.      
Q3. What are the major applications or end use industries for PP film capacitors in HVDC market?
Answer: Open rack is the major installation type for PP film capacitors in the HVDC market.      
Q4. What are the emerging trends of PP film capacitors in HVDC market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing size of capacitors and growing adoption of multi-terminal HVDC systems. TDK, ABB, Vishay, AVX, and General Electric are among the major PP film capacitor manufacturers in the global HVDC market.
Q5. Who are the key PP film capacitors companies in the HVDC market?
Answer: Some of the key PP film capacitors companies in the HVDC market are as follows:
  • ABB Ltd.
  • Vishay Intertechnology
  • AVX
  • TDK
  • General Electric
Q6.Which PP film capacitors in the HVDC technology segment will be the largest in future?
Answer: Lucintel forecasts that voltage sourced converter systems will remain the largest technology segment due to growth in offshore wind capacity and black-start capability and finer reactive power control of VSC than LCC technology.
Q7: PP film capacitor in the HVDC market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities of PP film capacitors in the HVDC market by technology (line commutated converter and voltage sourced converter), installation type (open rack and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of PP film capacitors in the global HVDC market?
Q.5 What are the business risks and threats to PP film capacitors in the global HVDC market?
Q.6 What are the emerging trends in PP film capacitors for the global HVDC market and the reasons behind them?
Q.7 What are some changing demands of customers of PP film capacitors in the global HVDC market?
Q.8 What are the new developments in PP film capacitors for the global HVDC market? Which companies are leading these developments?
Q.9 Who are the major PP film capacitor players in the global HVDC market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes for PP film capacitors in the global HVDC market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global HVDC market in terms of PP film capacitor use?

For any questions related to PP film capacitors in the HVDC market or related to share of PP film capacitors in the HVDC market, analysis of PP film capacitors in the HVDC market, and PP film capacitors in the HVDC market size, write to Lucintel analysts at helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2: PP Film Capacitors in the Global HVDC Market Trends (2018-2023) and Forecast (2024-2030)
3.3: PP Film Capacitors in the Global HVDC Market by Technology
3.3.1: Line Commutated Converter
3.3.2: Voltage Sourced Converter
3.4: PP Film Capacitors in the Global HVDC Market by Installation Type
3.4.1: Open Rack
3.4.2: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: PP Film Capacitors in the Global HVDC Market by Region
4.2: PP Film Capacitors in the North American HVDC Market
4.2.1: Market by Technology
4.2.2: Market by Installation
4.2.3: PP Film Capacitors in the US HVDC Market
4.3: PP Film Capacitors in the European HVDC Market
4.3.1: Market by Technology
4.3.2: Market by Installation
4.4: PP Film Capacitors in the APAC HVDC Market
4.4.1: Market by Technology
4.4.2: Market by Installation
4.4.3: PP Film Capacitors in the Chinese HVDC Market
4.5: PP Film Capacitors in the ROW HVDC Market
4.5.1: Market by Technology
4.5.2: Market by Installation

5. Competitor Analysis
5.1: Geographical Reach
5.2: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities of PP Film Capacitors for the Global HVDC Market by Technology
6.1.2: Growth Opportunities of PP Film Capacitors in the Global HVDC Market by Installation
6.1.3: Growth Opportunities of PP Film Capacitors in the Global HVDC Market by Region
6.2: Emerging Trends in PP Film Capacitors for the Global HVDC Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of PP Film Capacitors in the Global HVDC Market
6.3.3: Mergers and Acquisitions in PP Film Capacitors in the Global HVDC Industry

7. Company Profiles of Leading Players
7.1: ABB Ltd.
7.2: Vishay Intertechnology
7.3: AVX
7.4: TDK
7.5: General Electric
.

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Full Report: HVDC PP Film Capacitor Market: Trends, Opportunities and Competitive Analysis Full Report $ 4,850
98 figures/charts and 75 tables are provided in this 160 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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