The global HVDC PP film capacitor market is projected to grow at a CAGR of 21% during 2022-2027. The growth of HVDC PP film capacitor market is driven by growing demand for renewable energy, increasing installation for HVDC systems, and low transmission loss and better stability of HVDC lines.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the HVDC PP film capacitor market
by technology (line commutated converter and voltage sourced converter),
installation type (open rack and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the HVDC PP film capacitor market?
Q.4 What are some
changing demands of customers in the HVDC PP film capacitor market?
Q.5 What are the new
developments in the HVDC PP film capacitor market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this HVDC PP film capacitor area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this HVDC PP film capacitor market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include increasing size
of capacitors and growing adoption of multi-terminal HVDC systems.
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Market Segmentation:
Based on technology, the
HVDC PP film capacitor market is segmented into line commutated converter and
voltage sourced converter. The voltage sourced converter segment is accounted
for the largest share of the market in 2021 due to growth in offshore wind
capacity and black-start capability and finer reactive power control of VSC as
compared to LCC technology.
North America is
expected to be the largest region during the forecast period growing demand for
electricity due to huge investment in infrastructure and urbanization,
increasing investment in renewable energy, and implementation of UHVDC in China
have resulted in high demand for PP based capacitors in this region.
Key Players in the HVDC
PP film capacitor market are ABB Ltd., Yageo Corporation, Vishay
Intertechnology, AVX, TDK, and General Electric.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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