About High Voltage Capacitor
High voltage capacitor is defined as the passive electronic components which store charge and energy. It is widely used in high voltage applications such as power generation, transmission, and distribution. It mainly consists of two conducting plates which are separated by an insulating material. It is an important component in both circuit breakers as well as capacitive voltage transformers. Augmented power generation by renewable energy and new technological up gradations are some of the major factors which affect the high voltage capacitor growth of the market in the future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The high voltage capacitor market appears to be highly fragmented and with the presence of several companies including Maxwell (United States), Trench (Germany), Vishay Intertechnology, Inc. (United States), among others Analyst at AMA Research estimates that China Players will contribute the maximum growth to Global High Voltage Capacitor market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Maxwell (United States), Trench (Germany), W.S. Test Systems (India), X D Power Capacitors (China), Crompton Greaves (Mumbai), ABB (Switzerland), Walsin Technology Corp. (China), Vishay Intertechnology, Inc. (United States), Transgrid Solutions Inc. (Canada), Taiyo Yuden Co., Ltd. (Japan) and Shanghai Siyuan Electric (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siemens AG (Germany), Samwha Capacitor (South Korea), Samsung Electro-Mechanics (South Korea), RTDS Technologies Inc. (Canada), Murata Manufacturing Co., Ltd. (Japan), Maxwell Technologies (United States), General Atomics (United States), Epco (India), Eaton Corporation (Ireland) and Alstom SA (France).
Segmentation Overview
AMA Research has segmented the market of Global High Voltage Capacitor market by , Application (Power Generation, Transmission, Distribution and Others) and Region.
On the basis of geography, the market of High Voltage Capacitor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. 500-1,000V will boost the High Voltage Capacitor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dielectric, the sub-segment i.e. Plastic Film will boost the High Voltage Capacitor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
One of the Latest Trend of this Market is Technological Upgrade of the Old Grid Infrastructure Such as New Smart Grid Installations as Well as Integration of the Network
Market Growth Drivers:
Rising Demand for Electricity especially in African Countries such as Burundi, Liberia and others and Growing Demand from Various End-Use Industries such as Semiconductor & Electronics
Challenges:
Problem related to Presence of a Large Number of Local and Regional Players
Restraints:
The problem regarding High-Cost Material for Manufacturing High Voltage Capacitor Products
Opportunities:
Growing Electric Demand in Developing Economies such as India, Brazil, China and others and Government initiative to promote Energy Efficiency as Well as Energy Conservation Globally
Market Leaders and their expansionary development strategies
In March 2022, KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, is set to acquired ROHM Semiconductor’s tantalum and polymer capacitor business assets.
In September 2022, GODI has developed what it calls India’s first-ever 3000F high power supercapacitors meant for electric vehicle (EV) and renewable energy storage system (ESS) applications. Integration of its supercapacitors along with battery packs would improve the battery life multi-folds in EV & ESS applications, said a company statement. and GODI India was the first Indian company to get BIS certification to sell lithium-ion cells made with home grown technology.
Key Target Audience
High Voltage Capacitor Manufacturers, Research Institutions, Raw Material Suppliers, Government bodies, Distributors and End users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.