High-voltage (HV) capacitors are electrical components utilized for storing energy and performing high-voltage applications. Their capacity generally ranges from 25 volts for household electronics to 1000 volts for specialized industrial equipment. These capacitors have two conducting plates separated by an insulating material, which is known as the dielectric. They assist in power generation, transmission, distribution and high-voltage installations. Moreover, they provide resilience, reliability, stability, power flow control and can segment the power system to improve the grid’s flexibility.
Global High Voltage Capacitor Market Trends:
Owing to several factors, such as rapid urbanization, increasing global population and inflating income levels, there is an increase in the consumption of energy across the globe. Consequently, there is a rise in the demand for HV capacitors worldwide. These capacitors are mainly utilized for ensuring uninterrupted power supply and the transmission of extra-high voltage (EHV) and ultra-high voltage (UHV) in residential and commercial spaces. Furthermore, the escalating sales of electronics, such as smartphones, smart televisions (TVs) and multimedia players, are anticipated to bolster the market growth in the coming years.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Breakup by Dielectric:
Breakup by Capacity:
Breakup by Application:
Power Transmission and Distribution
Drivers & Inverters
Breakup by Region
Middle East and Africa
Some of the major players operating in the industry worldwide include ABB (NYSE: ABB), Alstom SA (OTCMKTS: ALSMY), API Capacitors Ltd., Arteche Group, General Atomics, General Electric Company (NYSE: GE), Iris Power, Isofarad Kft, KONAR Group, Lifasa, Maxwell Technologies, RTDS Technologies Inc., Siemens, TDK Corporation, etc.
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