Press release
High Voltage Capacitor Market Qualitative Insights on Application & Outlook by 2030
The high voltage capacitor market was valued at $11.8 billion in 2020, and is projected to reach $30.3 billion by 2030, growing at a CAGR of 9.9% from 2021 to 2030. Rise in demand for multilayer ceramic capacitors and surge in demand for grid infrastructure to increase electricity accessibility have boosted the growth of the global high voltage capacitor market. However, high voltage hazards related to high voltage capacitor hinder the market growth. On the contrary, surge in renewable energy market is expected to open new opportunities for the market players in the future.
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A capacitor is a dual-terminal electrical component utilized to store energy electrostatically in an electronic field. The arrangements of capacitors differ; however, each includes at least two electrical conductors detached by a dielectric, which is also known as an insulator. Capacitors are broadly employed in electrical energy systems and components.
Factors contributing toward the growth of the high voltage capacitor market include increase in requirement to enhance grid infrastructure for increasing the electricity accessibility, and others. The renewable energy market is expected to grow at a CAGR of 8.4%. However, the renewable energy industry was negatively hampered due to spread of COVID-19 which affected the demand for high voltage capacitors. COVD-19 has resulted in project delays especially in developing countries. This was attributed due to decreased government spending and hindered revenue streams of government.
The report segments the global high voltage capacitor market on the basis of dielectric, capacity, application, and region.
On the basis of dielectric, the ceramic capacitors segment garnered 16.7% in terms of revenue and expected to grow at CAGR of 11.9% during the forecast period. This is attributed to increased demand from industrial, military application and others. In addition, there is increased demand for multilayer ceramic capacitors.
On the basis of capacity, the 500-1000V segment garnered 17.6% in terms of revenue and is anticipated to grow at a CAGR of 8.9% during the forecast period. On the basis of application, the power generation segment garnered 36.2% in terms of revenue and expected to grow at a CAGR of 11.2% during the forecast period.
On the basis of region, the Asia-Pacific region garnered 23.7% share in terms of revenue and anticipated to grow at a CAGR of 11.6% during the forecast period. This is attributed to numerous factors such as presence of established players, and rising electricity demand owing to growth of industrial sector and population especially in India and China.
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The high voltage capacitor market analysis covers in-depth information of the major industry participants. Some of the major players in the high voltage capacitor market include ABB Ltd, AVX Corporation, General Electric, Lifasa, Maxwell Technologies, Presco AG, Siemens AG, TDK Corporation, Vishay Intertechnology, Inc, Eaton (COOPER), General Atomics, Inc., Murata Manufacturing, Hitachi Ltd., Samwha Capacitor Co Ltd, and UCAP Power, Inc.
Other players in the high voltage capacitor market are Jiande Haihua Electric Co., Ltd, Zhejiang Yide Technology Co., Ltd., RTDS Technologies, Sieyuan Electric, and others.
Key findings of the study
• The report outlines the current high voltage capacitor market trends and future scenario of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
• The high voltage capacitor market size is provided in terms of volume and revenue.
• On the basis of capacity, 7001-14000V segment garnered market share of 22.4% in 2020 in terms of volume.
• On the basis of application, the distribution; segment gained 16.0% share in 2020 in terms of volume.
• On the basis of region, the North America region garnered market share of 30.3% in 2020 in terms of volume.
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About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/1092
A capacitor is a dual-terminal electrical component utilized to store energy electrostatically in an electronic field. The arrangements of capacitors differ; however, each includes at least two electrical conductors detached by a dielectric, which is also known as an insulator. Capacitors are broadly employed in electrical energy systems and components.
Factors contributing toward the growth of the high voltage capacitor market include increase in requirement to enhance grid infrastructure for increasing the electricity accessibility, and others. The renewable energy market is expected to grow at a CAGR of 8.4%. However, the renewable energy industry was negatively hampered due to spread of COVID-19 which affected the demand for high voltage capacitors. COVD-19 has resulted in project delays especially in developing countries. This was attributed due to decreased government spending and hindered revenue streams of government.
The report segments the global high voltage capacitor market on the basis of dielectric, capacity, application, and region.
On the basis of dielectric, the ceramic capacitors segment garnered 16.7% in terms of revenue and expected to grow at CAGR of 11.9% during the forecast period. This is attributed to increased demand from industrial, military application and others. In addition, there is increased demand for multilayer ceramic capacitors.
On the basis of capacity, the 500-1000V segment garnered 17.6% in terms of revenue and is anticipated to grow at a CAGR of 8.9% during the forecast period. On the basis of application, the power generation segment garnered 36.2% in terms of revenue and expected to grow at a CAGR of 11.2% during the forecast period.
On the basis of region, the Asia-Pacific region garnered 23.7% share in terms of revenue and anticipated to grow at a CAGR of 11.6% during the forecast period. This is attributed to numerous factors such as presence of established players, and rising electricity demand owing to growth of industrial sector and population especially in India and China.
For Enquiry Option@ https://www.alliedmarketresearch.com/high-voltage-capacitors-market/purchase-options
The high voltage capacitor market analysis covers in-depth information of the major industry participants. Some of the major players in the high voltage capacitor market include ABB Ltd, AVX Corporation, General Electric, Lifasa, Maxwell Technologies, Presco AG, Siemens AG, TDK Corporation, Vishay Intertechnology, Inc, Eaton (COOPER), General Atomics, Inc., Murata Manufacturing, Hitachi Ltd., Samwha Capacitor Co Ltd, and UCAP Power, Inc.
Other players in the high voltage capacitor market are Jiande Haihua Electric Co., Ltd, Zhejiang Yide Technology Co., Ltd., RTDS Technologies, Sieyuan Electric, and others.
Key findings of the study
• The report outlines the current high voltage capacitor market trends and future scenario of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
• The high voltage capacitor market size is provided in terms of volume and revenue.
• On the basis of capacity, 7001-14000V segment garnered market share of 22.4% in 2020 in terms of volume.
• On the basis of application, the distribution; segment gained 16.0% share in 2020 in terms of volume.
• On the basis of region, the North America region garnered market share of 30.3% in 2020 in terms of volume.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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