The global high-voltage capacitor market size reached US$ 12.6 Billion in 2023. Looking forward, the market is projected to reach US$ 26.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.52% during 2023-2032.
A high-voltage (HV) capacitor is a dual-terminal electrical component, which is utilized to store energy in electrical and electronic equipment. It is among the crucial components used for power generation, transmission, distribution and high-voltage installations. Its capacity usually ranges from 25 volts for household electronics to 1000 volts for specialized industrial equipment.
Polypropylene, ceramic, aluminium, glass dielectric and diamond-like carbon variants are the most common types of HV capacitors available in the market. They offer immense stability and power flow control, resilience, and reliability and can segment the power system to enhance the grid’s flexibility. Owing to these benefits, HV capacitors find extensive application across the electronics, utility, automotive and chemical industries.
The rising energy demand across the globe is one of the key factors driving the growth of the market. HV capacitors are primarily utilized for ensuring uninterrupted power supply and the transmission of extra-high voltage (EHV) and ultra-high voltage (UHV) in residential and commercial complexes. Furthermore, the growing requirement of capacitors, owing to their high-temperature stability and insulation properties, has provided a boost to their sales across various industry sectors.
Also, with the enhanced penetration of electronics in the daily lives of consumers, there has been an increase in the production of mobile phones, televisions, multimedia players, and smart televisions that utilizes such products. Various product innovations, such as the development of capacitors with improved transmission capacities, along with the increasing power generation through renewable sources, are projected to drive the market further.
2. What is the expected growth rate of the global high-voltage capacitor market during 2024-2032?
3. What are the key factors driving the global high-voltage capacitor market?
4. What has been the impact of COVID-19 on the global high-voltage capacitor market?
5. What is the breakup of the global high-voltage capacitor market based on the dielectric?
6. What is the breakup of the global high-voltage capacitor market based on the capacity?
7. What is the breakup of the global high-voltage capacitor market based on the application?
8. What are the key regions in the global high-voltage capacitor market?
9. Who are the key companies/players in the global high-voltage capacitor market?
A high-voltage (HV) capacitor is a dual-terminal electrical component, which is utilized to store energy in electrical and electronic equipment. It is among the crucial components used for power generation, transmission, distribution and high-voltage installations. Its capacity usually ranges from 25 volts for household electronics to 1000 volts for specialized industrial equipment.
Polypropylene, ceramic, aluminium, glass dielectric and diamond-like carbon variants are the most common types of HV capacitors available in the market. They offer immense stability and power flow control, resilience, and reliability and can segment the power system to enhance the grid’s flexibility. Owing to these benefits, HV capacitors find extensive application across the electronics, utility, automotive and chemical industries.
The rising energy demand across the globe is one of the key factors driving the growth of the market. HV capacitors are primarily utilized for ensuring uninterrupted power supply and the transmission of extra-high voltage (EHV) and ultra-high voltage (UHV) in residential and commercial complexes. Furthermore, the growing requirement of capacitors, owing to their high-temperature stability and insulation properties, has provided a boost to their sales across various industry sectors.
Also, with the enhanced penetration of electronics in the daily lives of consumers, there has been an increase in the production of mobile phones, televisions, multimedia players, and smart televisions that utilizes such products. Various product innovations, such as the development of capacitors with improved transmission capacities, along with the increasing power generation through renewable sources, are projected to drive the market further.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global high-voltage capacitor market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on dielectric, capacity, and application.Breakup by Dielectric:
- Ceramic
- Plastic Film
- Tantalum
- Aluminum Electrolytic
- Mica
- Others
Breakup by Capacity:
- 500-1000V
- 1001-7000V
- 7001-14000V
- Above 14000V
Breakup by Application:
- Power Generation
- Power Transmission and Distribution
- Drivers & Inverters
- Motors
- Others
Breakup by Region:
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Competitive Landscape
The competitive landscape of the industry has also been examined with some of the key players being ABB Group, Alstom SA, API Capacitors Ltd., Arteche Group, General Atomics Aeronautical Systems Inc., General Electric Company, Iris Power LP, Isofarad Ltd., KONAR Group, International Capacitors, S.A., Tesla, Inc., RTDS Technologies Inc., Siemens AG and TDK Corporation.Key Questions Answered in This Report
1. What was the size of the global high-voltage capacitor market in 2023?2. What is the expected growth rate of the global high-voltage capacitor market during 2024-2032?
3. What are the key factors driving the global high-voltage capacitor market?
4. What has been the impact of COVID-19 on the global high-voltage capacitor market?
5. What is the breakup of the global high-voltage capacitor market based on the dielectric?
6. What is the breakup of the global high-voltage capacitor market based on the capacity?
7. What is the breakup of the global high-voltage capacitor market based on the application?
8. What are the key regions in the global high-voltage capacitor market?
9. Who are the key companies/players in the global high-voltage capacitor market?
Table of Contents
1 Preface3 Executive Summary13 Price Indicators
2 Scope and Methodology
4 Introduction
5 Global High-Voltage Capacitor Market
6 Market Breakup by Dielectric
7 Market Breakup by Capacity
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- ABB Group
- Alstom SA
- API Capacitors Ltd.
- Arteche Group
- General Atomics Aeronautical Systems Inc.
- General Electric Company
- Iris Power LP
- Isofarad Ltd.
- KONAR Group
- International Capacitors S.A.
- Tesla Inc.
- RTDS Technologies Inc.
- Siemens AG
- TDK Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 137 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 12.6 Billion |
Forecasted Market Value ( USD | $ 26.3 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |