Lucintel Blog: Lucintel Forecasts HVDC PP Film Capacitor Market to Reach $XX Billion by 2027

Monday, August 1, 2022

Lucintel Forecasts HVDC PP Film Capacitor Market to Reach $XX Billion by 2027

According to the recent study the PP Film Capacitors in the HVDC Market is projected to reach an estimated $XX billion by 2027 from $XX billion in 2021, at a CAGR of 21% from 2021 to 2027. Growth in this market is primarily driven by growing demand for renewable energy, increasing installation for HVDC systems, and low transmission loss and better stability of HVDC lines.

Browse 98 figures / charts and 75 tables in this 160 -page report to understand trends, opportunities and forecast in PP film capacitors in the HVDC 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).

Download sample report by clicking on below link https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx

“Voltage sourced converter market is expected to remain the largest segment during the forecast period.”

Based on technology, the PP film capacitors in the HVDC market is segmented into line commutated converter and voltage sourced converter. Lucintel forecasts that the voltage sourced converter market is expected to remain the largest segment due to growth in offshore wind capacity and black-start capability and finer reactive power control of VSC as compared to LCC technology.

“Within the PP film capacitors in the HVDC market, the open rack segment is expected to remain the largest installation type.”

Based on installation type the open rack segment is expected to witness the highest growth over the forecast period due to increasing open rack installation of HVDC systems.

“Asia pacific will dominate the PP film capacitors in the HVDC market in near future.”

Asia Pacific will remain the largest region by value and volume 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.

Download Brochure of this report by clicking on https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx

Major players of PP film capacitors in the HVDC market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. ABB Ltd., Vishay Intertechnology, AVX, TDK, General Electric are among the major PP film capacitors in the HVDC providers.

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 click on this link https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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