According to a market report by Lucintel, the future of the high voltage capacitor market looks promising with opportunities in power generation, distribution, and transmission applications. The global high voltage capacitor market is expected to reach an estimated $11.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing need for grid stabilization, growing investment in the power sector, and rising demand for electricity.
In this market, plastic film capacitors, ceramic capacitors, and aluminium electrolytic capacitors (AEC) are the major dielectric segments. Lucintel forecasts that ceramic capacitors will witness the highest growth over the forecast period due to the extensive demand for high quality ceramic capacitors in various end use industries, such as industrial, medical, and industrial applications.
Within this market, power generation is expected to remain the largest application segment due to the rising requirement for high voltage capacitors in power generation equipment and rapid urbanization that is propelling the demand for power.
APAC will witness the highest growth due to significantly growing investment in the transmission and distribution sector and increasing demand for electricity among rising population in the region.
ABB, Arteche Group, AVX, General Electric, and Lifasa are the major suppliers in the global high voltage capacitor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global high voltage capacitor market by dielectric, capacity, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global High Voltage Capacitor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global high voltage capacitor market by dielectric, capacity, application, and region, as follows:
High Voltage Capacitor Market by Dielectric [Value ($B) Shipment Analysis from 2017 to 2028]:
Plastic Film Capacitors
Ceramic Capacitors
Aluminium Electrolytic Capacitors (AEC)
Others
High Voltage Capacitor Market by Capacity [Value ($B) Shipment Analysis from 2017 to 2028]:
500-1000V
1001-7000V
7001-14000V
Above 14000V
High Voltage Capacitor Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Power Generation
Distribution
Transmission
Others
High Voltage Capacitor Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 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 email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the high voltage capacitor market by dielectric (plastic film capacitor, ceramic capacitor, aluminium electrolytic capacitor (AEC), and others), capacity (500-1000V, 1001-7000V, 7001-14000V, and above 14000V), application (power generation, distribution, transmission, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?