Global HVDC Capacitors Industry

Global HVDC Capacitors Industry

  • September 2020 •
  • 125 pages •
  • Report ID: 5956996 •
  • Format: PDF
Global HVDC Capacitors Market to Reach $6.1 Billion by 2027

Amid the COVID-19 crisis, the global market for HVDC Capacitors estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$6.1 Billion by 2027, growing at aCAGR of 15.7% over the period 2020-2027. Line Commutated Converters (LCC), one of the segments analyzed in the report, is projected to record 15.4% CAGR and reach US$3.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Voltage Source Converters (VSC) segment is readjusted to a revised 16.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $652 Million, While China is Forecast to Grow at 15.1% CAGR

The HVDC Capacitors market in the U.S. is estimated at US$652 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 15.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.9% and 13.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR.We bring years of research experience to this 6th edition of our report. The 125-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • ABB Ltd.
  • Alstom SA
  • Eaton Corporation PLC
  • General Atomics
  • Maxwell Technologies, Inc.
  • RTDS Technologies Inc.
  • Samwha Capacitor Co., Ltd.
  • Siemens AG
  • Sieyuan Electric Co., Ltd.
  • Transgrid Solutions Inc.
  • Vishay Intertechnology, Inc.