Lucintel Anticipates that Europe Will be the Fastest Growing Region in the HVDC Capacitor Market

   October 1, 2019
According to a market report by Lucintel, the future of the HVDC capacitor market looks promising with opportunities in the manufacturing, commercial, industrial, energy and power, and defense industries. The HVDC capacitor market is expected to grow with a CAGR of 16% from 2019 to 2024. The major drivers for this market are supportive government regulations, asynchronous connections between grids, and improved stability and low transmission losses.

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In this market, plastic film, aluminum electrolytic, ceramic, tantalum, reconstituted mica, and glass capacitors are the major capacitor types. Within the HVDC capacitor market, manufacturing, commercial, industrial, energy and power, and defense are the major end use industries. Line commutated converter and voltage source converter are the major technology type of the HVDC capacitor market.

Europe will remain the largest market over the forecast period.

Eaton Corporation, ABB, Alstom, Transgrid Solutions, Maxwell Technologies, Siemens, Vishay Intertechnology, EPCOS (TDK Electronics), Sieyuan Electric, Samwha Capacitor and others. are among the major manufacturers of HVDC capacitor.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the HVDC capacitor market by capacitor type, end use industry, installation type, technology, and region. Lucintel has prepared a comprehensive research report titled “HVDC Capacitor Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the HVDC capacitor market by capacitor type, end use industry, installation type, technology, and region as follows:

By Capacitor Type [$M shipment analysis for 2013 – 2024]:

  • Plastic Film Capacitors

  • Aluminum Electrolytic Capacitors

  • Ceramic Capacitors

  • Tantalum Wet Capacitors

  • Reconstituted Mica Capacitors

  • Glass Capacitors

By Technology [$M shipment analysis for 2013 – 2024]:

  • Line Commutated Converter

  • Voltage Source Converter

By End Use Industry [$M shipment analysis for 2013 – 2024]:

  • Manufacturing

  • Commercial

  • Industrial

  • Energy and power sector

  • Defense

By Installation Type [$M shipment analysis for 2013 – 2024]:

  • Open Rack Capacitor Banks

  • Enclosed Rack Capacitor Banks

  • Pole Mounted Capacitor Banks

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

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