HVDC Capacitor Market

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HVDC Capacitor Market by Product Type (Ceramic Capacitors, Plastic Film Capacitors), Technology, Installation Type (Open Rack Capacitor Banks, Enclosed Rack Capacitor Banks), Application (Industrial, Commercial) and Region - Global Forecast to 2031

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Report Code: SE 2941 Aug, 2023, by marketsandmarkets.com

[244 Pages Report] The HVDC capacitor market is projected to grow from USD 6.4 billion in 2023 to USD 17.9 billion by 2031; it is expected to grow at a CAGR of 13.8% from 2023 to 2031. The factors driving the growth of the HVDC capacitor market include the increasing use of capacitors in commercial, industrial, aerospace and defense, and energy and power applications.

HVDC Capacitor Market

HVDC Capacitor Market Forecast to 2031

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HVDC Capacitor Market Dynamics

Rising demand for HVDC transmission systems

HVDC transmission systems are widely adopted by various industries, including aerospace & defense and energy & power, as an alternative for high-voltage alternating current (HVAC) systems for long-distance power transmission. HVDC transmission systems require fewer transmission lines, due to which they have a lower impact on the environment than HVAC systems. Also, they need less space for transmitting the same amount of energy. HVDC transmission systems help reduce transmission loss by 30–50% compared to AC overhead lines. An HVDC capacitor is among the core component of the HVDC transmission system. It plays a significant role in converting AC to DC, transporting power between HVDC converter stations, and changing DC back to AC so that electricity can be fed into the power grid. They help maintain voltage stability, improve power quality, and control power flow instantly. They also decrease the possibility of short-circuiting current by swiftly managing the power flow in the transmission lines.

Restraint: Hazardous effects of HV capacitors on humans and the environment

HV capacitors may catastrophically fail when subjected to voltages or currents beyond their rating or reaching their normal end of life. They may store hazardous energy even after the equipment has been de-energized and build a dangerous residual charge without an external source. The liquid dielectric in several capacitors, or its combustion products, may be toxic. An arc fault is generated when dielectric or metal interconnection failures occur in HV capacitors. The dielectric fluid vaporizes within oil-filled units and results in case bulging and rupture. In some instances, an explosion can occur, dispersing the flammable oil and causing fire and damage to the neighboring equipment. In such cases, rigid-cased cylindrical glass and plastic cases are more prone to explosive rupture than rectangular cases due to an inability to expand under pressure easily.

Opportunity: Escalating demand for electric vehicles

Electric vehicles (EVs) are gaining traction globally as they are eco-friendly and an alternative to fuel-powered vehicles due to soaring oil prices. EVs comprise numerous electrical subsystems, including AC–DC conversion, DC–DC conversion, power management, and battery monitoring with a specific voltage, power, and size requirements, necessitating careful capacitor selection by designers. The electronic systems and components that have enabled the realization of various EVs have experienced a significant evolution, including the DC link power capacitor. Different HVDC capacitors, including aluminum electrolytic capacitors, film capacitors, tantalum capacitors, and ceramic capacitors, fulfill the high quality and reliability requirements of AEC-Q200 and VW AUDI 80808 standards are offered by various market players in the HVDC capacitor market. These capacitors can handle multiple voltage surges of up to twice the rated voltage without significantly decreasing the product lifespan.

Challenge: Catastrophic explosion of capacitor banks

An HVDC transmission system requires several capacitor banks connected in series and parallelly. These capacitor banks may explode catastrophically while functioning, and it is challenging to find out the exact cause of the failure of capacitor banks. One such reason for the explosion of the capacitor banks could be when the capacitor units are connected in series with inductors in the capacitor bank. When the voltage across the capacitor units exceeds the design values, the capacitor bank fails catastrophically due to inadequate voltage rating.

HVDC Capacitor Market Ecosystem

The prominent players in the HVDC capacitor market are Hitachi, Ltd. (Japan), General Electric (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US). These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks.

HVDC Capacitor Market by Ecosystem

Plastic film capacitors accounted for the largest market share during the forecast period.

HVDC plastic film capacitors are expected to capture the largest market share during the forecast period owing to the increased adoption of these capacitors in commercial, industrial, aerospace and defense, and energy and power applications. They are highly reliable due to their self-healing capability and long service life and can continue operating effectively even in high temperatures. These capacitors have several advantages, including high reliability, low failure rate, a long service life, and the ability to continue functioning efficiently even in high temperatures.

Enclosed rack capacitor banks accounted for the largest market share during the forecast period.

In 2022, enclosed rack capacitor banks captured the largest share of the HVDC capacitor market, and a similar trend is likely to be observed during the forecast period. In the HVDC capacitor market, several variables, including grid stability, load balancing, renewable energy integration, and grid modernization, might increase demand for enclosed rack capacitor banks due to lower installation and maintenance costs. Moreover, these banks require very little field assembly. They are used for reactive power compensation, power factor control, and harmonic filtering applications in commercial, industrial, and utility power systems. Thus, the increase in demand for enclosed rack capacitor banks for these applications is driving the growth of the HVDC capacitor market.

Energy and Power applications accounted for the largest market share during the forecast period.

The HVDC Capacitor Market for energy and power applications is expected to hold the highest market share during the forecast period. The growth can be attributed to the increased demand for these capacitor banks owing to several benefits, including easy installation and maintenance, less assembly, simple design, and cost-effectiveness. They are widely used in energy and power applications for transmitting power over long distances. The ongoing projects undertaken by governments to enhance energy generation and distribution infrastructure will likely result in high demand for pole-mounted capacitor banks in the future.

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

Asia Pacific holds tremendous potential for the HVDC capacitor market due to the rising demand for these capacitors from the automotive and transportation, consumer electronics, industrial, aerospace & defense, mining, healthcare, energy & power, and telecommunications sectors. Moreover, the governments of different Asia Pacific countries have taken various initiatives such as funding energy expansion projects, renovating existing aging energy infrastructures, and formulating regulations and standards for less carbon emissions, mainly emphasizing the use of sustainable energy, especially solar and offshore wind farms, are expected to fuel the demand for HVDC capacitors in the region in the coming years.

HVDC Capacitor Market by Region

HVDC Capacitor Market by Region

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Key Market Players

The major players in the HVDC capacitor companies include Hitachi, Ltd. (Japan), General Electric (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany)These companies have used organic and inorganic growth strategies, such as product launches, acquisitions, and partnerships, to strengthen their position in the market.

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Scope of the Report

Report Metric	Details
Market Size Availability for Years	2019–2031
Base Year	2022
Forecast Period	2023–2031
Forecast Units	Value (USD)
Segments Covered	By Product Type, By Technology, By Installation Type, By Application
Geographies Covered	North America, Europe, Asia Pacific, and RoW
Companies Covered	Hitachi, Ltd. (Japan), General Electric (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US), General Atomics (US), LIFASA, International Capacitors, S.A. (Spain), and ELECTRONICON Kondensatoren GmbH (Germany), Sieyuan Electric Co., Ltd. (China), Kunshan GuoLi Electronic Technology Co., Ltd.(China), Condis (Switzerland), samwha Capacitor Group (South Korea), API Capacitors (UK), Shanghai Yongming Electronic Co., Ltd (China), WUXI CRE NEW ENERGY TECHNOLOGY CO., LTD. (China), Isofarad Kft. (Hungary), HVP High Voltage Products GmbH. (Germany), ZEZ SILKO Czech Republic (Czech Republic)

HVDC Capacitor Market Highlights

This research report categorizes the HVDC Capacitor Market based on product type, technology, installation type, application, and region.

Segment	Subsegment
By Product Type	Introduction Plastic Film Capacitors Aluminium Electrolytic Capacitor Ceramic Capacitor Tantalum Wet Capacitor Others
By Technology	Introduction Line-Commutated Converter(LCC) Voltage-Source Converter (VSC)
By Installation Type	Introduction Open Rack Capacitor Banks Enclosed Rack Capacitor Banks Pole-Mounted Capacitor Banks
By Application	Introduction Commercial Industrial Energy and Power Aerospace and Defense Others
By Region	Introduction North America US Canada Mexico Europe Sweden Germany UK Norway Rest of Europe Asia Pacific China Japan India Rest of Asia Pacific ROW Middle East & Africa South America

Recent Developments

In April 2023, Kyocera Corporation declared the development of a new capacitor (MLCC) with EIA 0201 dimensions (0.6 mm x 0.3 mm). As smartphones and wearable gadgets become more complex, electronic circuits require more MLCC devices with larger capacitance values.
In March 2023, GE Renewable Energy’s Grid Solutions business announced that it had been awarded three High-Voltage Direct Current (HVDC) contracts totaling roughly 6 billion euros as part of a specially formed consortium with Sembcorp Marine for TenneT’s innovative 2GW Program in the Netherlands.
In February 2023, Vishay Intertechnology, Inc. released a new series of low-impedance, Automotive Grade micro aluminum electrolytic capacitors that perform better in smaller case sizes than previous-generation alternatives.
In February 2023, TDK Corporation introduced its new EPCOS B43652 series of snap-in aluminum electrolytic capacitors with particularly small dimensions and strong ripple current carrying capacity. The DC link circuitry of onboard chargers in xEVs is a common application for these capacitors with high CV products.

Frequently Asked Questions (FAQ):

What is the current size of the Global HVDC Capacitor Market?

The HVDC capacitor market is projected to grow from USD 6.4 billion in 2023 to USD 17.9 billion by 2031; it is expected to grow at a CAGR of 13.8% from 2023 to 2031.

Who are the winners in the Global HVDC Capacitor Market?

Companies such as Hitachi, Ltd. (Japan), General Electric (US), TDK Corporation (Japan), Eaton (US), KYOCERA Corporation (Japan), YAGEO Corporation (Taiwan), Vishay Intertechnology, Inc. (US).

Which region is expected to hold the highest market share?

Europe is expected to dominate the HVDC capacitor market during the forecast period. Growing demand for energy and power applications, and the region holds a strong base of end users from aerospace & defense, energy & power, mining, transportation, automotive, consumer electronics, and healthcare sectors.

What are the major drivers and opportunities related to the HVDC capacitor market?

The rising demand for HVDC transmission systems, Increasing adoption of renewable energy source with rising energy consumption, Ongoing government initiatives to improve energy infrastructure, Rising adoption of HVDC capacitors by industrial consumers in Asia Pacific, and Escalating demand for electric vehicles are some of the major drivers and opportunities related to the HVDC capacitor market.

What are the major strategies adopted by market players?

The key players have adopted product launches, acquisitions, and partnerships to strengthen their position in the HVDC capacitor market.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 30)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.2.1 INCLUSIONS AND EXCLUSIONS

1.3 STUDY SCOPE

1.3.1 MARKETS COVERED

FIGURE 1 HVDC CAPACITOR MARKET: SEGMENTATION

1.3.2 REGIONAL SCOPE

1.3.3 YEARS CONSIDERED

1.4 CURRENCY CONSIDERED

1.5 UNITS CONSIDERED

1.6 STAKEHOLDERS

1.7 SUMMARY OF CHANGES

1.7.1 IMPACT OF RECESSION

2 RESEARCH METHODOLOGY (Page No. - 35)

2.1 RESEARCH DATA

FIGURE 2 HVDC CAPACITOR MARKET: RESEARCH DESIGN

2.1.1 SECONDARY AND PRIMARY RESEARCH

2.1.2 SECONDARY DATA

2.1.2.1 List of key secondary sources

2.1.2.2 Secondary sources

2.1.3 PRIMARY DATA

2.1.3.1 Primary interviews with experts

2.1.3.2 Breakdown of primaries

2.1.3.3 Key data from primary sources

2.1.3.4 Key industry insights

2.2 FACTOR ANALYSIS

FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1—TOP-DOWN (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM SALES OF HVDC CAPACITORS

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1—TOP-DOWN (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN HVDC CAPACITOR MARKET

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM-UP (DEMAND SIDE): DEMAND FOR HVDC CAPACITORS, BY PRODUCT TYPE

2.3 MARKET SIZE ESTIMATION

FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS

2.3.1 BOTTOM-UP APPROACH

2.3.1.1 Approach to obtain market size using bottom-up analysis (demand side)

FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

2.3.2 TOP-DOWN APPROACH

2.3.2.1 Approach to obtain market size using top-down analysis (supply side)

FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.4 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 9 DATA TRIANGULATION

2.5 RESEARCH ASSUMPTIONS

2.5.1 ASSUMPTIONS

2.5.2 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON HVDC CAPACITOR MARKET

2.6 RESEARCH LIMITATIONS

2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 50)

FIGURE 10 HVDC CAPACITOR MARKET

FIGURE 11 ENERGY AND POWER APPLICATION TO ACCOUNT FOR LARGEST SHARE OF HVDC CAPACITOR MARKET IN 2031

FIGURE 12 LCC TECHNOLOGY TO HOLD LARGER MARKET SHARE IN 2031

FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR HVDC CAPACITORS DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 54)

4.1 ATTRACTIVE OPPORTUNITIES FOR HVDC CAPACITOR MARKET PLAYERS

FIGURE 14 RISING ELECTRICITY DEMAND OWING TO GROWING POPULATION WORLDWIDE TO FUEL MARKET GROWTH FROM 2023 TO 2031

4.2 HVDC CAPACITOR MARKET, BY PRODUCT TYPE

FIGURE 15 PLASTIC FILM CAPACITORS TO HOLD MAJORITY SHARE OF GLOBAL HVDC CAPACITOR MARKET IN 2031

4.3 HVDC CAPACITOR MARKET, BY INSTALLATION TYPE

FIGURE 16 ENCLOSED RACK CAPACITOR BANKS TO ACCOUNT FOR LARGER MARKET SHARE IN 2031

4.4 HVDC CAPACITOR MARKET, BY TECHNOLOGY AND APPLICATION

FIGURE 17 LCC TECHNOLOGY AND ENERGY AND POWER APPLICATION TO CAPTURE LARGEST MARKET SHARES IN 2023

4.5 HVDC CAPACITOR MARKET, BY REGION

FIGURE 18 HVDC CAPACITOR MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 57)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 19 HVDC CAPACITOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

5.2.1 DRIVERS

5.2.1.1 Rising demand for HVDC transmission systems

5.2.1.2 Increasing adoption of renewable energy sources with rising energy consumption

5.2.1.3 Ongoing government initiatives to improve energy infrastructure

FIGURE 20 HVDC CAPACITOR MARKET DRIVERS AND THEIR IMPACT

5.2.2 RESTRAINTS

5.2.2.1 Hazardous effects of HV capacitors on humans and environment

FIGURE 21 HVDC CAPACITOR MARKET RESTRAINTS AND THEIR IMPACT

5.2.3 OPPORTUNITIES

5.2.3.1 Rising adoption of HVDC capacitors by industrial consumers in Asia Pacific

5.2.3.2 Growing demand for electric vehicles

FIGURE 22 HVDC CAPACITOR MARKET OPPORTUNITIES AND THEIR IMPACT

5.2.4 CHALLENGES

5.2.4.1 Catastrophic explosion of capacitor banks

FIGURE 23 HVDC CAPACITOR MARKET CHALLENGES AND THEIR IMPACT

5.3 SUPPLY CHAIN ANALYSIS

FIGURE 24 HVDC CAPACITOR MARKET: SUPPLY CHAIN ANALYSIS

5.4 MARKET ECOSYSTEM

FIGURE 25 HVDC CAPACITOR MARKET: ECOSYSTEM

TABLE 1 LIST OF HVDC CAPACITOR AND CAPACITOR BANK MANUFACTURERS

5.5 PRICING ANALYSIS

TABLE 2 AVERAGE SELLING PRICE OF HVDC CAPACITORS, BY PRODUCT TYPE

FIGURE 26 AVERAGE SELLING PRICE OF HVDC CAPACITORS OFFERED BY KEY PLAYERS, BY PRODUCT TYPE

TABLE 3 AVERAGE SELLING PRICE OF HVDC CAPACITORS OFFERED BY KEY PLAYERS, BY PRODUCT TYPE

FIGURE 27 AVERAGE SELLING PRICE TREND FOR HVDC CAPACITORS, 2019–2031 (USD)

5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS

FIGURE 28 REVENUE SHIFT AND NEW REVENUE POCKETS FOR HVDC CAPACITOR MARKET PLAYERS

5.7 TECHNOLOGY ANALYSIS

5.7.1 KEY TECHNOLOGIES

5.7.1.1 HVDC technology

5.7.1.2 Flat winding technology

5.7.1.3 HVDC power film technology

5.8 PORTER’S FIVE FORCES ANALYSIS

TABLE 4 HVDC CAPACITOR MARKET: PORTER’S FIVE FORCES ANALYSIS

FIGURE 29 PORTER’S FIVE FORCES ANALYSIS

5.8.1 INTENSITY OF COMPETITIVE RIVALRY

5.8.2 THREAT OF SUBSTITUTES

5.8.3 BARGAINING POWER OF BUYERS

5.8.4 BARGAINING POWER OF SUPPLIERS

5.8.5 THREAT OF NEW ENTRANTS

5.9 KEY STAKEHOLDERS AND BUYING CRITERIA

5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS

FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS

TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS (%)

5.9.2 BUYING CRITERIA

FIGURE 31 KEY BUYING CRITERIA FOR MAJOR APPLICATIONS

TABLE 6 KEY BUYING CRITERIA FOR MAJOR APPLICATIONS

5.10 CASE STUDY

5.10.1 GENERAL ELECTRIC SIGNS CONTRACT WITH TENNET FOR INNOVATIVE 2 GW PROGRAM

5.10.2 EATON ENABLES SMART PREDICTIVE ELECTRICAL MAINTENANCE FOR COMMERCIAL AND INDUSTRIAL END USERS

5.10.3 TDK CORPORATION EXPANDS MANUFACTURING FACILITY TO ENHANCE MULTILAYER CERAMIC CAPACITORS (MLCC)

5.10.4 HITACHI ENERGY HELPS TRANSGRID IMPROVE POWER QUALITY OF QNI

5.10.5 HITACHI ABB POWER GRIDS HELPS MINNESOTA POWER INCREASE AVAILABILITY OF CLEAN POWER TO ITS CUSTOMERS

5.11 TRADE ANALYSIS

5.11.1 IMPORT SCENARIO

TABLE 7 IMPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)

5.11.2 EXPORT SCENARIO

TABLE 8 EXPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)

5.12 PATENT ANALYSIS

FIGURE 32 PATENTS GRANTED WORLDWIDE, 2013–2022

TABLE 9 TOP 20 PATENT OWNERS, 2013–2022

FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2013–2022

5.13 KEY CONFERENCES AND EVENTS, 2023–2024

TABLE 10 HVDC CAPACITOR MARKET: LIST OF CONFERENCES AND EVENTS

5.14 TARIFF AND REGULATORY LANDSCAPE

5.14.1 STANDARDS

5.14.1.1 International Electrotechnical Commission (IEC)

5.14.1.2 International Organization for Standardization (ISO)

5.14.2 TARIFFS

5.14.3 REGULATIONS

5.14.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

6 HVDC CAPACITOR MARKET, BY PRODUCT TYPE (Page No. - 85)

6.1 INTRODUCTION

FIGURE 34 HVDC CAPACITOR MARKET, BY PRODUCT TYPE

FIGURE 35 PLASTIC FILM CAPACITORS TO HOLD LARGEST MARKET SHARE IN 2031

TABLE 13 HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 14 HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 15 HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (MILLION UNITS)

TABLE 16 HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (MILLION UNITS)

6.2 PLASTIC FILM CAPACITORS

6.2.1 SUITABLE FOR ENERGY AND POWER APPLICATIONS DUE TO LONG SERVICE LIFE AND HIGH RELIABILITY

FIGURE 36 CONSTRUCTION OF PLASTIC FILM CAPACITORS

TABLE 17 DIFFERENT CHARACTERISTICS OF DIELECTRICS IN PLASTIC FILM CAPACITORS

TABLE 18 PLASTIC FILM CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 19 PLASTIC FILM CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

6.3 ALUMINUM ELECTROLYTIC CAPACITORS

6.3.1 IDEAL FOR APPLICATIONS REQUIRING LARGER CAPACITANCE VALUES

FIGURE 37 CONSTRUCTION OF ALUMINUM ELECTROLYTIC CAPACITORS

TABLE 20 ALUMINUM ELECTROLYTIC CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 21 ALUMINUM ELECTROLYTIC CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

6.4 CERAMIC CAPACITORS

6.4.1 WIDELY USED FOR ELECTROSTATIC DISCHARGE PROTECTION IN AUTOMOTIVE APPLICATIONS

FIGURE 38 CONSTRUCTION OF MULTILAYER CERAMIC CAPACITORS (MLCC)

TABLE 22 CERAMIC CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 23 CERAMIC CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

6.5 TANTALUM WET CAPACITORS

6.5.1 PREFERRED IN INDUSTRIAL AND MILITARY APPLICATIONS DUE TO HIGH RELIABILITY AND STABILITY

FIGURE 39 CONSTRUCTION OF TANTALUM WET CAPACITORS

TABLE 24 TANTALUM WET CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 25 TANTALUM WET CAPACITORS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

6.6 OTHERS

FIGURE 40 CONSTRUCTION OF GLASS CAPACITORS

TABLE 26 OTHERS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 27 OTHERS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

7 HVDC CAPACITOR MARKET, BY TECHNOLOGY (Page No. - 99)

7.1 INTRODUCTION

FIGURE 41 HVDC CAPACITOR MARKET, BY TECHNOLOGY

FIGURE 42 LCC SEGMENT TO HOLD LARGER SHARE OF HVDC CAPACITOR MARKET IN 2031

TABLE 28 HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 29 HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

7.2 LINE-COMMUTATED CONVERTER (LCC)

7.2.1 USED FOR LARGE-CAPACITY POWER TRANSMISSION WITH LOW LOSS

TABLE 30 LCC: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 31 LCC: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

7.3 VOLTAGE-SOURCE CONVERTER (VSC)

7.3.1 PROVIDES QUICKER POWER FLOW REGULATION WITH FLEXIBLE AND PROLONGED REACTIVE POWER

TABLE 32 VSC: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 33 VSC: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

8 HVDC CAPACITOR MARKET, BY INSTALLATION TYPE (Page No. - 104)

8.1 INTRODUCTION

FIGURE 43 HVDC CAPACITOR MARKET, BY INSTALLATION TYPE

FIGURE 44 ENCLOSED RACK CAPACITOR BANKS TO CAPTURE LARGEST SHARE OF HVDC CAPACITOR MARKET IN 2023

TABLE 34 HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 35 HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

8.2 OPEN RACK CAPACITOR BANKS

8.2.1 HELP REDUCE POWER LOSS AND IMPROVE VOLTAGE STABILITY IN TRANSMISSION AND DISTRIBUTION NETWORKS

TABLE 36 OPEN RACK CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 37 OPEN RACK CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

8.2.2 INTERNALLY FUSED CAPACITOR BANKS

FIGURE 45 INTERNALLY FUSED CAPACITOR BANK DESIGN

8.2.3 EXTERNALLY FUSED CAPACITOR BANKS

FIGURE 46 EXTERNALLY FUSED CAPACITOR BANK DESIGN

8.2.4 FUSELESS CAPACITOR BANKS

FIGURE 47 FUSELESS CAPACITOR BANK DESIGN

8.3 ENCLOSED RACK CAPACITOR BANKS

8.3.1 REDUCES FAULT DAMAGE AND ALLOWS GREATER SYNCHRONIZATION WITH UPSTREAM PROTECTIVE DEVICES

TABLE 38 ENCLOSED RACK CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 39 ENCLOSED RACK CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

8.3.2 FIXED CAPACITOR BANKS

8.3.3 AUTOMATIC CAPACITOR BANKS

8.4 POLE-MOUNTED CAPACITOR BANKS

8.4.1 OFFERS VOLTAGE REGULATION AND POWER FACTOR DUE TO SIMPLE DESIGN AND LOW EQUIPMENT COST

TABLE 40 POLE-MOUNTED CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 41 POLE-MOUNTED CAPACITOR BANKS: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

9 HVDC CAPACITOR MARKET, BY APPLICATION (Page No. - 114)

9.1 INTRODUCTION

FIGURE 48 HVDC CAPACITOR MARKET, BY APPLICATION

FIGURE 49 ENERGY AND POWER APPLICATION TO LEAD HVDC CAPACITOR MARKET IN 2031

TABLE 42 HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 43 HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

9.2 COMMERCIAL

9.2.1 REQUIREMENT TO MEET QUALITY AND RELIABILITY STANDARDS IN AUTOMOTIVE APPLICATIONS TO BOOST MARKET

TABLE 44 COMMERCIAL: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 45 COMMERCIAL: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 46 COMMERCIAL: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 47 COMMERCIAL: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

TABLE 48 COMMERCIAL: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 49 COMMERCIAL: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

9.3 INDUSTRIAL

TABLE 50 INDUSTRIAL: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2019–2022 (USD MILLION)

TABLE 51 INDUSTRIAL: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2023–2031 (USD MILLION)

TABLE 52 INDUSTRIAL: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 53 INDUSTRIAL: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 54 INDUSTRIAL: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 55 INDUSTRIAL: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

TABLE 56 INDUSTRIAL: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 57 INDUSTRIAL: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

9.3.1 HEAVY MANUFACTURING

9.3.1.1 Need for consistent power supply with low voltage swings and power loss to drive market

9.3.2 MINING

9.3.2.1 Increasing utilization in mining power inverters to create demand for HVDC capacitors

9.3.3 STEEL MANUFACTURING

9.3.3.1 Requirement for power factor correction and high-quality electricity to promote use of HVDC capacitors

9.3.4 PETROCHEMICALS

9.3.4.1 Need to reduce CO2 emissions and energy consumption to boost adoption of HVDC capacitors

9.3.5 OTHERS

9.4 ENERGY AND POWER

TABLE 58 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2019–2022 (USD MILLION)

TABLE 59 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2023–2031 (USD MILLION)

TABLE 60 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 61 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 62 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 63 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

TABLE 64 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 65 ENERGY AND POWER: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

9.4.1 POWER TRANSMISSION

9.4.1.1 Rising demand for integrated networks and bulk power transmission to promote use of HVDC capacitors

9.4.2 POWER DISTRIBUTION

9.4.2.1 Surging use of HVDC capacitors to convert DC power to AC power to propel market

9.4.3 RENEWABLE POWER GENERATION

TABLE 66 RENEWABLE POWER GENERATION: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2019–2022 (USD MILLION)

TABLE 67 RENEWABLE POWER GENERATION: HVDC CAPACITOR MARKET, BY SUB-TYPE, 2023–2031 (USD MILLION)

9.4.3.1 Wind power plants

9.4.3.1.1 Increasing offshore wind power capacity to support market growth

9.4.3.2 Solar power plants

9.4.3.2.1 Rising installed solar energy capacity to boost demand for HVDC capacitors

9.5 AEROSPACE AND DEFENSE

9.5.1 DEPLOYMENT OF HVDC CAPACITORS IN RADAR SYSTEMS, POWER SUPPLIES, AND GUIDANCE SYSTEMS TO FUEL DEMAND

TABLE 68 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 69 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 70 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 71 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

TABLE 72 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 73 AEROSPACE AND DEFENSE: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

9.6 OTHERS

TABLE 74 OTHERS: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)

TABLE 75 OTHERS: HVDC CAPACITOR MARKET, BY PRODUCT TYPE, 2023–2031 (USD MILLION)

TABLE 76 OTHERS: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)

TABLE 77 OTHERS: HVDC CAPACITOR MARKET, BY INSTALLATION TYPE, 2023–2031 (USD MILLION)

TABLE 78 OTHERS: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 79 OTHERS: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

10 HVDC CAPACITOR MARKET, BY REGION (Page No. - 135)

10.1 INTRODUCTION

FIGURE 50 REGIONAL SPLIT OF HVDC CAPACITOR MARKET

FIGURE 51 EUROPE TO LEAD GLOBAL HVDC CAPACITOR MARKET IN 2031

TABLE 80 HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 81 HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

10.2 NORTH AMERICA

FIGURE 52 NORTH AMERICA: HVDC CAPACITOR MARKET SNAPSHOT

TABLE 82 NORTH AMERICA: HVDC CAPACITOR MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 83 NORTH AMERICA: HVDC CAPACITOR MARKET, BY COUNTRY, 2023–2031 (USD MILLION)

TABLE 84 NORTH AMERICA: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 85 NORTH AMERICA: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

10.2.1 US

10.2.1.1 Focus on innovation and advancement in technical fields to drive market

TABLE 86 US: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 87 US: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.2.2 CANADA

10.2.2.1 Growing renewable energy sector, swift urbanization, and expanding rural electrification to propel market

TABLE 88 CANADA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 89 CANADA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.2.3 MEXICO

10.2.3.1 High demand for electric and hybrid vehicles to boost market

TABLE 90 MEXICO: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 91 MEXICO: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.2.4 IMPACT OF RECESSION ON HVDC MARKET IN NORTH AMERICA

10.3 EUROPE

FIGURE 53 EUROPE: HVDC CAPACITOR MARKET SNAPSHOT

TABLE 92 EUROPE: HVDC CAPACITOR MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 93 EUROPE: HVDC CAPACITOR MARKET, BY COUNTRY, 2023–2031 (USD MILLION)

TABLE 94 EUROPE: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 95 EUROPE: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

10.3.1 SWEDEN

10.3.1.1 Cross-country transmission projects to create requirement for HVDC capacitors

TABLE 96 SWEDEN: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 97 SWEDEN: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.3.2 UK

10.3.2.1 Ongoing offshore wind projects to create opportunities for HVDC technology providers

TABLE 98 UK: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 99 UK: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.3.3 GERMANY

10.3.3.1 Technological innovations in automotive sector to boost market

TABLE 100 GERMANY: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 101 GERMANY: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.3.4 NORWAY

10.3.4.1 Ongoing HVDC projects to accelerate market growth

TABLE 102 NORWAY: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 103 NORWAY: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.3.5 REST OF EUROPE

TABLE 104 REST OF EUROPE: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 105 REST OF EUROPE: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.3.6 IMPACT OF RECESSION ON HVDC MARKET IN EUROPE

10.4 ASIA PACIFIC

FIGURE 54 ASIA PACIFIC: HVDC CAPACITOR MARKET SNAPSHOT

TABLE 106 ASIA PACIFIC: HVDC CAPACITOR MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 107 ASIA PACIFIC: HVDC CAPACITOR MARKET, BY COUNTRY, 2023–2031 (USD MILLION)

TABLE 108 ASIA PACIFIC: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 109 ASIA PACIFIC: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

10.4.1 CHINA

10.4.1.1 Strong need for smooth power distribution at transportation hubs to propel market

TABLE 110 CHINA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 111 CHINA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.4.2 JAPAN

10.4.2.1 Thriving transportation and consumer electronics sectors to spur market growth

TABLE 112 JAPAN: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 113 JAPAN: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.4.3 INDIA

10.4.3.1 Huge investments in renewable energy projects to generate demand for HVDC capacitors

TABLE 114 INDIA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 115 INDIA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.4.4 REST OF ASIA PACIFIC

10.4.5 IMPACT OF RECESSION ON HVDC MARKET IN ASIA PACIFIC

TABLE 116 REST OF ASIA PACIFIC: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 117 REST OF ASIA PACIFIC: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.5 ROW

TABLE 118 ROW: HVDC CAPACITOR MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 119 ROW: HVDC CAPACITOR MARKET, BY REGION, 2023–2031 (USD MILLION)

TABLE 120 ROW: HVDC CAPACITOR MARKET, BY APPLICATION, 2019–2022 (USD MILLION)

TABLE 121 ROW: HVDC CAPACITOR MARKET, BY APPLICATION, 2023–2031 (USD MILLION)

10.5.1 MIDDLE EAST & AFRICA

10.5.1.1 Increase in HVDC projects to drive demand for HVDC capacitors

TABLE 122 MIDDLE EAST & AFRICA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 123 MIDDLE EAST & AFRICA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.5.2 SOUTH AMERICA

10.5.2.1 High level of industrial activities to fuel HVDC capacitor market growth

TABLE 124 SOUTH AMERICA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)

TABLE 125 SOUTH AMERICA: HVDC CAPACITOR MARKET, BY TECHNOLOGY, 2023–2031 (USD MILLION)

10.5.3 IMPACT OF RECESSION ON HVDC MARKET IN ROW

11 COMPETITIVE LANDSCAPE (Page No. - 163)

11.1 OVERVIEW

11.2 MARKET EVALUATION FRAMEWORK

TABLE 126 OVERVIEW OF STRATEGIES ADOPTED BY KEY HVDC CAPACITOR MANUFACTURERS

11.2.1 PRODUCT PORTFOLIO

11.2.2 REGIONAL FOCUS

11.2.3 MANUFACTURING FOOTPRINT

11.2.4 ORGANIC/INORGANIC STRATEGIES

11.3 MARKET SHARE ANALYSIS, 2022

TABLE 127 DEGREE OF COMPETITION (2022)

11.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS

FIGURE 55 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN HVDC CAPACITOR MARKET, 2018–2022

11.5 KEY COMPANY EVALUATION MATRIX, 2022

11.5.1 STARS

11.5.2 EMERGING LEADERS

11.5.3 PERVASIVE PLAYERS

11.5.4 PARTICIPANTS

FIGURE 56 HVDC CAPACITOR MARKET: KEY COMPANY EVALUATION MATRIX, 2022

11.6 COMPANY FOOTPRINT

TABLE 128 OVERALL COMPANY FOOTPRINT

TABLE 129 COMPANY FOOTPRINT: PRODUCT TYPE

TABLE 130 COMPANY FOOTPRINT: APPLICATION

TABLE 131 COMPANY FOOTPRINT: REGION

11.7 START-UPS/SMES EVALUATION MATRIX, 2022

11.7.1 PROGRESSIVE COMPANIES

11.7.2 RESPONSIVE COMPANIES

11.7.3 DYNAMIC COMPANIES

11.7.4 STARTING BLOCKS

FIGURE 57 START-UPS/SMES EVALUATION MATRIX, 2022

11.7.5 COMPETITIVE BENCHMARKING

TABLE 132 HVDC CAPACITOR MARKET: LIST OF KEY START-UPS/SMES

TABLE 133 HVDC CAPACITOR MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES

11.8 COMPETITIVE SCENARIOS AND TRENDS

11.8.1 PRODUCT LAUNCHES

TABLE 134 PRODUCT LAUNCHES, JANUARY 2020 - JUNE 2023

11.8.2 DEALS

TABLE 135 DEALS, JANUARY 2020 - JUNE 2023

11.8.3 OTHERS

TABLE 136 OTHERS, JANUARY 2020- JUNE 2023

12 COMPANY PROFILES (Page No. - 184)

12.1 KEY PLAYERS

(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*

12.1.1 HITACHI, LTD.

TABLE 137 HITACHI, LTD.: BUSINESS OVERVIEW

FIGURE 58 HITACHI, LTD.: COMPANY SNAPSHOT

TABLE 138 HITACHI, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED

TABLE 139 HITACHI, LTD.: PRODUCT LAUNCHES

TABLE 140 HITACHI, LTD.: DEALS

TABLE 141 HITACHI, LTD.: OTHERS

12.1.2 GENERAL ELECTRIC

TABLE 142 GENERAL ELECTRIC: BUSINESS OVERVIEW

FIGURE 59 GENERAL ELECTRIC: COMPANY SNAPSHOT

TABLE 143 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 144 GENERAL ELECTRIC: DEALS

12.1.3 TDK CORPORATION

TABLE 145 TDK CORPORATION: BUSINESS OVERVIEW

FIGURE 60 TDK CORPORATION: COMPANY SNAPSHOT

TABLE 146 TDK CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 147 TDK CORPORATION: PRODUCT LAUNCHES

TABLE 148 TDK CORPORATION: OTHERS

12.1.4 EATON

TABLE 149 EATON: BUSINESS OVERVIEW

FIGURE 61 EATON: COMPANY SNAPSHOT

TABLE 150 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 151 EATON: DEALS

12.1.5 KYOCERA CORPORATION

TABLE 152 KYOCERA CORPORATION: BUSINESS OVERVIEW

FIGURE 62 KYOCERA CORPORATION: COMPANY SNAPSHOT

TABLE 153 KYOCERA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 154 KYOCERA CORPORATION: PRODUCT LAUNCHES

TABLE 155 KYOCERA CORPORATION: DEALS

TABLE 156 KYOCERA CORPORATION: OTHERS

12.1.6 YAGEO GROUP

TABLE 157 YAGEO GROUP: BUSINESS OVERVIEW

FIGURE 63 YAGEO GROUP: COMPANY SNAPSHOT

TABLE 158 YAGEO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED

12.1.7 VISHAY INTERTECHNOLOGY, INC.

TABLE 159 VISHAY INTERTECHNOLOGY, INC.: BUSINESS OVERVIEW

FIGURE 64 VISHAY INTERTECHNOLOGY, INC.: COMPANY SNAPSHOT

TABLE 160 VISHAY INTERTECHNOLOGY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 161 VISHAY INTERTECHNOLOGY, INC.: PRODUCT LAUNCHES

TABLE 162 VISHAY INTERTECHNOLOGY, INC.: DEALS

12.1.8 GENERAL ATOMICS

TABLE 163 GENERAL ATOMICS: BUSINESS OVERVIEW

TABLE 164 GENERAL ATOMICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 165 GENERAL ATOMICS: DEALS

TABLE 166 GENERAL ATOMICS: OTHERS

12.1.9 LIFASA, INTERNATIONAL CAPACITORS, S.A.U

TABLE 167 LIFASA, INTERNATIONAL CAPACITORS, S.A.U: BUSINESS OVERVIEW

TABLE 168 LIFASA, INTERNATIONAL CAPACITORS, S.A.U: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 169 LIFASA, INTERNATIONAL CAPACITORS, S.A.U: DEALS

12.1.10 ELECTRONICON KONDENSATOREN GMBH

TABLE 170 ELECTRONICON KONDENSATOREN GMBH: BUSINESS OVERVIEW

TABLE 171 ELECTRONICON KONDENSATOREN GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED

*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.

12.2 OTHER PLAYERS

12.2.1 SIEYUAN ELECTRIC CO., LTD.

12.2.2 KUNSHAN GUOLI ELECTRONIC TECHNOLOGY CO., LTD.

12.2.3 CONDIS

12.2.4 SAMWHA CAPACITOR GROUP

12.2.5 API CAPACITORS

12.2.6 SHANGHAI YONGMING ELECTRONIC CO., LTD.

12.2.7 WUXI CRE NEW ENERGY TECHNOLOGY CO., LTD.

12.2.8 ISOFARAD KFT.

12.2.9 HVP HIGH VOLTAGE PRODUCTS GMBH

12.2.10 ZEZ SILKO

13 APPENDIX (Page No. - 239)

13.1 DISCUSSION GUIDE

13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL

13.3 CUSTOMIZATION OPTIONS

13.4 RELATED REPORTS

13.5 AUTHOR DETAILS

The study involved four major activities in estimating the size of the HVDC capacitor market. Exhaustive secondary research has been conducted to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research

Revenues of companies offering HVDC capacitors have been obtained from the secondary data available through paid and unpaid sources. The revenues have also been derived by analyzing the product portfolio of key companies, and these companies have been rated according to the performance and quality of their products.

Various secondary sources have been referred to in the secondary research process for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold-standard and silver-standard websites; directories; and databases.

Secondary research has been conducted mainly to obtain critical information about the market’s value chain, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from both demand- and technology-oriented perspectives. Secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the current scenario of the HVDC capacitor market through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand and supply sides across 4 major regions: North America, Europe, Asia Pacific, and RoW. Approximately 25% of the primary interviews have been conducted with the demand side, while 75% have been conducted with the supply side. Primary data has been collected mainly through telephonic interviews, which consist of 80% of the total primary interviews. Questionnaires and e-mails have also been used to collect data.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:

HVDC Capacitor Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up procedure has been employed to arrive at the overall size of the HVDC Capacitor Market.

Identifying approximate revenues of companies involved in the HVDC capacitors market ecosystem
Identifying various key players offering different types of HVDC capacitors
Analyzing the global penetration of each offering through primary and secondary research
Estimating the market for HVDC capacitors by product type
Tracking the ongoing developments and identifying the upcoming ones in the market that include investments, research and development activities, product launches, collaborations, and partnerships undertaken, as well as forecasting the market based on these developments and other critical parameters.
Carrying out multiple discussions with the key opinion leaders to understand the HVDC capacitors technologies and related raw materials, as well as products designed and developed to analyze the break-up of the scope of work carried out by the key companies manufacturing panels.
Verifying and cross-checking the estimate at every level through discussions with key opinion leaders such as chief executives (CXOs), directors, and operation managers, and finally with the domain experts in MarketsandMarkets.
Studying various paid and unpaid sources of information such as annual reports, press releases, white papers, and databases for the company- and region-specific developments undertaken in the HVDC capacitor market

HVDC Capacitor Market Size, and Bottom-Up Approach

The top-down approach has been used to estimate and validate the total size of the HVDC Capacitor Market.

Focusing initially on the high investments and expenditures undertaken in the ecosystem of HVDC capacitors, further splitting into product type, technology, installation type, application, and region and listing key developments in major market areas
Identifying all major players in the HVDC capacitor market and the deployment of their products for various applications and verifying the findings through secondary research and brief discussions with industry experts
Analyzing revenues, product mix, geographic presence, and key end-use applications of HVDC capacitors to estimate and arrive at the percentage splits
Discussing these splits with industry experts to validate the information and identify key growth pockets across all major segments
Breaking down the total market based on verified splits and key growth pockets across all segments

HVDC Capacitor Market Size, and Top-Down Approach

Data Triangulation

After arriving at the overall size of the HVDC capacitor market through the process explained, the total market has been split into several segments and subsegments. Market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from the demand and supply sides. The market has also been validated using the top-down and bottom-up approaches.

Market Definition

A high-voltage direct current (HVDC) capacitor creates a smooth voltage from irregular or pulsating voltage sources. HVDC capacitors offer high efficiency and reduce electric losses. Therefore, they are commonly used in HVDC transmission systems for long-distance, point-to-point power transfers. They are also used in DC supplies or electronic equipment and applications wherein high current pulses are produced. The scope of the study includes product types, technologies, installation types, and application of HVDC capacitors as well as regions wherein they are used.

Key Stakeholders

Suppliers of raw materials
Technology investors
Manufacturers and suppliers of a wide variety of HVDC capacitors
Integrators and service providers of HVDC capacitors
Government bodies such as regulatory authorities and policymakers for the electronics industry
Venture capitalists, startup companies, and private equity firms
Technology developers
Distributors, resellers, and traders
Hardware component suppliers and distributors
Original equipment manufacturers (OEMs) and system integrators
Standardization and testing firms
Associations, forums, and alliances related to the HVDC applications and energy generation sector
Research institutions and organizations
Market research and consulting firms
End users

Report Objectives

To describe, segment, and forecast the HVDC capacitor market based on technology, installation type, and application in terms of value
To describe and forecast the market size for different product types of HVDC capacitors in terms of value and volume
To describe and forecast the market for four key regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value and volume
To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the HVDC capacitor market
To provide a detailed overview of the value chain pertaining to the HVDC capacitor ecosystem, along with the average selling prices of different types of HVDC capacitors
To strategically analyze the ecosystem, Porter’s five forces, technology analysis, tariffs and regulations, patent landscape, trade landscape, key conferences and events, and case studies pertaining to the market under study
To strategically analyze micromarkets with regard to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market
To analyze competitive developments such as product launches, collaborations, partnerships, contracts, expansions, and mergers and acquisitions in the HVDC capacitor market
To strategically profile the key players in the HVDC capacitor market and comprehensively analyze their market ranking and core competencies

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Detailed analysis and profiling of additional market players based on various blocks of the supply chain

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.