High voltage capacitors are very important part of the electricity network, they have varied application depending upon their type and voltage levels. Increase in distribution investment in China, India, Brazil, Mexico and other developing economies expanding their distribution infrastructure to improve electrification rate and growth in distribution investment in the U.S and some European countries for up gradation of their distribution network will lead to a higher demand for HV capacitors in coming times
In 2020, China is estimated to be the largest market for HV capacitors
The extensive demand of electricity in countries such as China and India is making the national governments expand their electric network thus increasing the demand of HV capacitors in various applications. The growing transmission and distribution network across globe is one of the biggest drivers for HV capacitor market. Maximum T&D expansion projects are ongoing in Asia-Pacific and the market is expected to be the biggest and the fastest growing market for HV capacitors.
The High Voltage Capacitors market was valued at 170 Million US$ in 2020 and is projected to reach 300 Million US$ by 2026, at a CAGR of 7.4% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for High Voltage Capacitors.
This report covers the present status and the future prospects of the global High Voltage Capacitors market for 2015-2026.
The report offers detailed coverage of High Voltage Capacitors industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading High Voltage Capacitors by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Eaton Corporation, ABB, RTDS Technologies, Alstom SA, Transgrid Solutions, Maxwell Technologies, Siemens AG, General Atomics, Vishay Intertechnology, Epcos AG, Sieyuan Electric, Samwha Capacitor
Market Segment as follows:
Market by Order Type
High voltage
Ultra-high voltage
High Voltage Capacitors Breakdown Data by Application
Generation
Transmission
Distribution and Testing
High Voltage Capacitors market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the High Voltage Capacitors market for the forecast period 2021 - 2026?
• What are the driving forces in the High Voltage Capacitors market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the High Voltage Capacitors industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.