HVDC Capacitor Market revenue impact analysis $15.3 billion by 2030

 

The report "HVDC Capacitor Market by Product Type (Plastic Film Capacitors, Aluminum Electrolytic Capacitors), Technology (LCC, VSC), Installation Type, Application (Energy and Power, Industrial, Commercial) and Geography - Global Forecast to 2030" The global HVDC capacitor market is projected to reach USD 15.3 billion by 2030 from an estimated USD 5.2 billion in 2022, at a CAGR of 14.4% from 2022 to 2030. The growth of the market can be attributed to the rising demand for RF tunable filters in aerospace & defense industry and escalating demand for software-defined radios to be deployed in military communication equipment.

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Browse 149 market data Tables and 78 Figures spread through 242 Pages and in-depth TOC on "HVDC Capacitor Market and Geography - Global Forecast to 2030"
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Ceramic capacitors are projected to register the highest CAGR during the forecast period

Ceramic capacitors can withstand variations in voltages. Hence, they find applications in resonant circuits in transmitting stations, bypass filters, oscillators, and coupling or decoupling applications. They are cost-effective and can be used to protect semiconductor devices that find applications in the automotive, transportation, consumer electronics, healthcare, energy and power, and telecommunications sectors. Hence, ceramic capacitors are projected to register the highest CAGR during the forecast period.

The pole-mounted capacitor banks are projected to register the highest CAGR in the HVDC capacitor market

The pole-mounted capacitor banks are projected to register the highest CAGR in the HVDC capacitor market. The growth can be attributed to the increased demand for these capacitor banks owing to several benefits, including easy installation and maintenance, less assembly, simple design, and cost-effectiveness. They are widely used in energy and power applications for transmitting power over long distances.

Europe is projected to account for the largest global market share during the forecast period

Europe is projected to account for the largest global market share during the forecast period attributed to the robust presence of most market players, such as Eaton; LIFASA, International Capacitors, S.A.; ELECTRONICON Kondensatoren GmbH; CONDIS Group; API Capacitors Ltd.; Isofarad Ltd.; HVP High Voltage Products GmbH; and ZEZ SILKO, s.r.o. Europe, being a hub for several automotive companies, such as Mercedes-Benz, BMW Group, Audi AG, Bosch, Continental, and DAF Trucks, is one of the leading markets for HVDC capacitors.

Hitachi, Ltd. (Japan), General Electric Company (us), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany) are some of the key players in the HVDC capacitor market

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Market Leader - HVDC Capacitor Market to hit USD 15.3 billion by 2030

 

The global HVDC capacitor market is projected to reach USD 15.3 billion by 2030 from an estimated USD 5.2 billion in 2022, at a CAGR of 14.4% from 2022 to 2030. The growth of the HVDC capacitor market can be attributed to rising demand for HVDC transmission systems and ongoing government initiatives to improve energy infrastructure.

Hitachi, Ltd. (Japan), General Electric Company (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany); are some of the key players in the HVDC capacitor market. These players have adopted various strategies, such as product launches, contracts, mergers and acquisitions, expansions, collaborations, and partnerships, to expand their presence globally and increase their shares in the global HVDC capacitor market. Product launches have been the key players' most dominating strategy from January 2019 to December 2022 to help them broaden their customer base.

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Hitachi, Ltd.

Hitachi, Ltd. is a global leader in the manufacturing and distribution of electrical equipment. It is an established brand with a strong presence in all major regional markets. The company primarily adopts inorganic growth strategies such as contracts, acquisitions, and collaborations. The company offers HVDC capacitors for commercial, industrial, and energy and power applications.

General Electric Company

General Electric Company is a well-renowned brand in the HVDC capacitor market. The company is a leading high-tech industrial player that offers non-destructive testing and inspection equipment; flow and process control systems; turbine, generator, and plant controls; and condition monitoring solutions and related services. The company has a strong product portfolio of HVDC capacitors and capacitor banks. As a market leader, the company has expanded its reach globally and is expected to capture a large market share in the near future. The company is undertaking efforts to strengthen its position in the HVDC capacitor market through contracts.

TDK Corporation

TDK Corporation offers a wide range of HVDC capacitors to its clients across the world. The company has diverse product offerings due to reduced business risks, and cross-selling possibilities are provided by a diverse product portfolio and balanced income sources. The company constantly invests significantly in R&D to develop new and advanced HVDC offerings. For instance, in 2021, TDK significantly invested 4.1% of its total revenue, i.e., USD 1.4 billion in R&D. The company primarily serves customers from the commercial, industrial, and energy & power sectors. Moreover, it has a global presence and a huge client base worldwide.

Eaton

Eaton is a well-established market leader with a diverse product portfolio that reduces risk and dependence on specific products for revenue generation. The company’s robust distribution network helps gain a competitive edge over competitors in terms of seamless product and service delivery. Eaton has a diversified geographic presence and revenue base across the world. The presence of Eaton in various countries displays its widespread client base and capabilities to offer products globally. It also enhances its brand image as a diversified company.

KYOCERA Corporation

KYOCERA Corporation’s leading market position across all its core products is supported by its investment in developing advanced HVDC capacitors that continually raise the bar of safety equipment performance while upholding an unwavering commitment to integrity. The company invests significantly in R&D activities. For instance, in FY 2021, the company invested approximately 4.6% of its revenue (USD 0.7 billion) in R&D activities. Due to its high focus on R&D activities, KYOCERA capitalizes on the high-growth potential in the global HVDC capacitor market.

Related Reports:

HVDC Capacitor Market by Product Type (Plastic Film Capacitors, Aluminum Electrolytic Capacitors), Technology (LCC, VSC), Installation Type, Application (Energy and Power, Industrial, Commercial) and Geography - Global Forecast to 2030

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

HVDC Capacitor Market detail analysis valued at $15.3 Billion USD : Revenue Impact Report by MarketsandmarketsTM

The report "HVDC Capacitor Market by Product Type (Plastic Film Capacitors, Aluminum Electrolytic Capacitors), Technology (LCC, VSC), Installation Type, Application (Energy and Power, Industrial, Commercial) and Geography - Global Forecast to 2030" The global HVDC capacitor market is projected to reach USD 15.3 billion by 2030 from an estimated USD 5.2 billion in 2022, at a CAGR of 14.4% from 2022 to 2030. The growth of the HVDC capacitor market can be attributed to increasing adoption of renewable energy sources with rising energy consumption and ongoing government initiatives to improve energy infrastructure.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=175421495

Browse 149 market data Tables and 78 Figures spread through 242 Pages and in-depth TOC on "HVDC Capacitor Market and Geography - Global Forecast to 2030"

Ceramic capacitors are projected to register the highest CAGR during the forecast period

Ceramic capacitors can withstand variations in voltages. Hence, they find applications in resonant circuits in transmitting stations, bypass filters, oscillators, and coupling or decoupling applications. They are cost-effective and can be used to protect semiconductor devices that find applications in the automotive, transportation, consumer electronics, healthcare, energy and power, and telecommunications sectors. Hence, ceramic capacitors are projected to register the highest CAGR during the forecast period.

The pole-mounted capacitor banks are projected to register the highest CAGR in the HVDC capacitor market

The pole-mounted capacitor banks are projected to register the highest CAGR in the HVDC capacitor market. The growth can be attributed to the increased demand for these capacitor banks owing to several benefits, including easy installation and maintenance, less assembly, simple design, and cost-effectiveness. They are widely used in energy and power applications for transmitting power over long distances.

Europe is projected to account for the largest global market share during the forecast period

The countries house numerous automotive, consumer electronic device, and HVDC capacitor manufacturing companies, generating massive demand for HVDC capacitors in the region. Also, the rapid commercialization of 5G and the speedy development of space projects are contributing to the growth of the HVDC capacitor market in the region.

Hitachi, Ltd. (Japan), General Electric Company (us), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany) are some key players in the HVDC capacitor market

Don’t miss out on business opportunities in HVDC Capacitor Market. Speak to our analyst and gain crucial industry insight that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently, servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pinpoints around revenues decisions.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062