The global high voltage capacitor market is anticipated to grow at a significant CAGR during the forecast period. Capacitors for high voltage (HV) are passive electrical components used to store charge and energy in high voltage applications. High-voltage capacitors are made up of two conducting plates separated by a dielectric (insulating substance). Film capacitors are a type of high-voltage plastic capacitor that is utilised in improved and modern grid infrastructure to boost electrification rates. Electricity demand is anticipated to rise in growing economies such as India, China, and Brazil encouraging these countries to upgrade their grid infrastructure. This is a remarkable element that is estimated to provide the global high voltage capacitors market with several potential prospects.
Growing demand from end-user sectors such as electronics and semiconductors, where these capacitors are employed due to their high-temperature stability and superior insulation, is propelling the growth of the global high voltage capacitors market. Furthermore, they are particularly flexible materials due to their ability to be modified or switched to meet resistivity needs.
Due to their good temperature stability and excellent insulation, high voltage capacitors are utilised in industries such as electronics and semiconductors. It's also used in several other industries, including the automotive industry and wear parts, chemical and process technology, medical, and many more. The global high voltage capacitor market is growing due to the increasing use of high voltage capacitors in these applications. Irregularity in the pricing of raw materials such as plastic, as well as the related high voltage risks of high voltage capacitors, provide an obstruction to the global high voltage capacitor market's growth. The energy and electricity sector is always growing and innovating.
Market Coverage
• The market number available for – 2021-2027
• The base year – 2020
• The forecast period is from 2021 to 2027
• Segment Covered-
o By Product type
o By Technology
o By Application
o By installation type
• Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape: ABB Ltd. (Switzerland), Epcos AG (Germany), Siemens (Germany), Alstom SA (France), and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global High Voltage Capacitor Market by Segments
By Dielectric
• Plastic Film
• Ceramic Aluminium Electronic
• Others
By Capacity
• 500-1000 V
• 1001-7000V
• 7001-14000V
• Above 14000V
By Application
• Power Generation
• Transmission
• Distribution
• Others
Global High Voltage Capacitor market by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa