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Wednesday, August 28, 2024

Lucintel Forecasts the Global HVDC Capacitor Market to Reach $15 Billion by 2030

According to a market report by Lucintel, the future of the global HVDC capacitor market looks promising with opportunities in the plastic film capacitor, aluminum electrolytic capacitor, ceramic capacitor, tantalum wet capacitor, reconstituted mica capacitor, and glass capacitor markets. The global HVDC capacitor market is expected to reach an estimated $15 billion by 2030 from $6 billion in 2023 at a CAGR of 14% from 2023 to 2030. The major drivers for this market are improvements in capacitor technology, integration with renewable energy, and real-time monitoring and automation.

A more than 150-page report to understand trends, opportunity and forecast in HVDC capacitor market to 2030 by capacitor type (plastic film capacitors, aluminum electrolytic capacitors, ceramic capacitors, tantalum wet capacitors, reconstituted mica capacitors, and glass capacitors), technology (line commutated converter and voltage source converter), end use (manufacturing applications, commercial sector, industrial sector, energy and power sector, defense, and others), installation type (open rack capacitor banks, enclosed rack capacitor banks, and pole mounted capacitor bank), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that aluminum electrolytic capacitor will remain the largest segment over the forecast period.

Within this market, manufacturing application will remain the larger segment.

Download sample by clicking on HVDC capacitor market.

Eaton Corporation, ABB Ltd, RTDS Technologies, Alstom SA, Transgrid Solutions, Maxwell Technologies, Siemens, and EPCOS are the major suppliers in the HVDC capacitor market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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