The HVDC Capacitor Global Market Report 2023, provides comprehensive information on the HVDC capacitor market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s HVDC Capacitor Global Market Report 2023, the market is expected to grow from $4.14 billion in 2022 to $4.80 billion in 2023 at a compound annual growth rate (CAGR) of 16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the HVDC capacitor market is expected to grow to $8.25 billion in 2027 at a CAGR of 14.5%.
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Product innovation is a key trend gaining popularity in the HVDC capacitors Major companies operating in the HVDC capacitor market are focused on developing new products to strengthen their position. For instance, in November 2021, Vishay Intertechnology, a US-based manufacturer of electronic components launched Vishay Polytech T50 series capacitors. These capacitor chips are molded with vPolyTan™ surface-mount polymer tantalum and provide unique benefits such as withstanding temperature humidity bias (THB) testing of 85 °C, 85 % relative humidity for 500 hours, and function effectively under high temperatures of +125 °C. These capacitors also provide a wide capacitance range from 10 µF to 330 µF over voltage ratings from 2.5 V to 35 V, and a capacitance tolerance of ± 20 %.
The HVDC capacitor market is segmented:
1) By Product Type: Plastic Film Capacitor, Ceramic Capacitor, Aluminum Electrolytic Capacitor, Tantalum Wet Capacitor, Other Product Types
2) By Installation Type: Open Rack Capacitor Banks, Enclosed Rack Capacitor Banks, Pole-Mounted Capacitor Banks
3) By Application: Commercial, Industrial, Energy and Power, Defense, Other Applications
North America was the largest region in the HVDC capacitor market in 2022.
The table of contents in TBRC’s HVDC capacitor market report includes:
- Executive Summary
- HVDC Capacitor Market Characteristics
- HVDC Capacitor Market Trends And Strategies
- HVDC Capacitor Market – Macro Economic Scenario
- HVDC Capacitor Market Size And Growth
- HVDC Capacitor Market Segmentation
- HVDC Capacitor Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The HVDC Capacitor Market
- HVDC Capacitor Market Future Outlook and Potential Analysis
- Appendix
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