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
Asia Pacific
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 https://www.lucintel.com/hvdc-capacitor-market.aspx or helpdesk@lucintel.com.
About Lucintel
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