High Voltage Capacitor Market Size, Trends and Insights By Dielectric (Plastic Film Capacitor, Ceramic Capacitor, Aluminium Electrolytic Capacitor, Others), By Capacity (500-1000V, 1001-7000V, 7001-14000V, Above 14000V), By Application (Power Generation, Distribution, Transmission, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- ABB Ltd.
- Siemens AG
- Schneider Electric SE
- General Electric Company
- TDK Corporation
- Eaton Corporation plc
- Others
Reports Description
Global High Voltage Capacitor Market was valued at USD 14.8 Billion in 2024 and is expected to reach USD 33.4 Billion by 2033, at a CAGR of 9.8% during the forecast period 2024 – 2033.
A high voltage capacitor is an electronic component designed to store and release electrical energy in an electrical circuit. It is capable of handling voltage levels significantly higher than standard capacitors, typically ranging from hundreds to thousands of volts. High voltage capacitors are used in various applications such as power supplies, pulse power systems, medical equipment, and telecommunications.
High Voltage Capacitor Market: Growth Factors
Increasing demand for energy efficient technologies
The increasing demand for energy-efficient technologies is a significant driver for the high voltage capacitor market. As industries and consumers alike prioritize energy conservation and sustainability, there’s a growing need for electrical systems that minimize power losses and improve overall efficiency.
High voltage capacitors play a crucial role in enhancing the efficiency of various electrical systems, such as power transmission and distribution, renewable energy generation, and electric vehicles. By employing high voltage capacitors in these applications, it’s possible to improve power factor correction, voltage regulation, and energy storage capabilities, thereby reducing energy consumption and operating costs.
Additionally, high voltage capacitors enable the integration of advanced technologies like voltage stabilization systems and reactive power compensation, further optimizing energy usage and system performance. As a result, the high voltage capacitor market is poised to experience substantial growth as industries and consumers increasingly embrace energy-efficient solutions to meet their power needs while minimizing environmental impact.
For instance, scientists at Lawrence Berkeley Lab in California created a potential breakthrough material for energy storage. Polymer film capacitors utilizing this ‘polysulfate compound’ demonstrate the capability to store significant amounts of electricity. Berkeley Lab suggests that these power capacitors hold the potential to enhance the energy efficiency and dependability of integrated power systems, particularly in sectors like electrified transportation.
Rising electric infrastructure spending drives market growth
The rising electric infrastructure spending significantly drives the high voltage capacitor market due to several factors. Firstly, increased investment in power generation, transmission, and distribution infrastructure requires high voltage capacitors for voltage regulation, power factor correction, and filtering in electrical systems.
As governments and utilities worldwide focus on modernizing and expanding their electrical grids to accommodate renewable energy integration and meet growing energy demands, the demand for high voltage capacitors rises accordingly. Additionally, advancements in smart grid technologies and electric vehicle infrastructure further fuel the need for high voltage capacitors to ensure efficient and reliable electricity delivery.
Consequently, manufacturers of high voltage capacitors experience growing demand, prompting innovation and expansion in the market to meet the evolving requirements of the electric infrastructure sector. For instance, India plans to allocate a significant portion of the $134 billion earmarked for infrastructure spending towards the energy sector, aiming to address the increasing energy demand.
High Voltage Capacitor Market: Restraints
Limited availability of raw materials
The limited availability of raw materials poses significant challenges to the high voltage capacitor market. Capacitors require specific materials such as tantalum, aluminium, ceramic, and dielectric fluids, which are crucial for their manufacturing.
However, the global supply of these raw materials is often constrained due to various factors including geopolitical tensions, trade restrictions, natural disasters, and fluctuations in demand. Consequently, manufacturers may face supply shortages, increased prices, and uncertainties in sourcing these critical materials.
Such constraints can lead to production delays, reduced product availability, and higher manufacturing costs, impacting the competitiveness and profitability of companies in the high voltage capacitor market. Moreover, the reliance on limited raw material sources may hinder innovation and technological advancements in capacitor design and performance, further exacerbating challenges in meeting the growing demand for high voltage capacitors.
High Voltage Capacitor Market: Opportunities
Advanced dielectric materials and miniaturization
Advanced dielectric materials and miniaturization are driving the high voltage capacitor market by enhancing performance and expanding applications. Advanced dielectric materials offer higher energy storage capacities, reduced leakage currents, and improved reliability, allowing capacitors to operate efficiently at higher voltages and frequencies.
This enables the development of smaller, more compact capacitors with increased energy density, making them suitable for use in space-constrained electronic devices and high-power applications. Miniaturization further amplifies this trend by enabling the integration of capacitors into smaller electronic systems, such as smartphones, electric vehicles, and wearable devices.
As a result, the demand for high voltage capacitors is increasing across various industries, including automotive, consumer electronics, aerospace, and telecommunications, driving market growth and innovation in dielectric materials and capacitor design.
For instance, the Institute for Materials and Systems for Sustainability (IMaSS), in Japan, created a nanosheet device boasting the highest energy storage capacity. Departing from traditional dielectric studies, the layers of nanosheets are composed of calcium, sodium, niobium, and oxygen, featuring a perovskite crystal structure.
High Voltage Capacitor Market: Segmentation Analysis
High Voltage Capacitor market is segmented by dielectric, capacity, application and region. Based on dielectric, the market is classified into plastic film capacitors, ceramic capacitors, aluminium electrolytic capacitors and others. Plastic film capacitors dominated the market in 2022 with a market share of 50% and is expected to keep its dominance during the forecast period 2024-2032.
Plastic film capacitors play a crucial role in driving the high voltage capacitor market due to their favorable characteristics and versatility. Plastic film capacitors offer excellent dielectric properties, such as high insulation resistance and low dielectric losses, making them ideal for applications requiring high voltage handling capabilities.
In the high voltage capacitor market, plastic film capacitors are commonly used in power electronics, renewable energy systems, industrial machinery, and automotive applications. Their ability to withstand high voltages while maintaining stable performance and reliability makes them a preferred choice for engineers and manufacturers.
Additionally, ongoing advancements in plastic film capacitor technology, including improvements in materials and manufacturing processes, further contribute to their widespread adoption and continued growth in the high voltage capacitor market.
Based on capacity, the market is classified into 500-1000V, 1001-7000V, 7001-14000V and above 14000V. The 500-1000V segment dominated the market in 2022 with a market share of 45% and is expected to keep its dominance during the forecast period 2024-2032.
The 500-1000V range drives the high voltage capacitor market due to its relevance in various industries requiring elevated voltage handling capacities. Industries such as power generation, renewable energy, automotive, aerospace, and telecommunications rely on high voltage capacitors within this range for critical applications.
For instance, in power generation, high voltage capacitors are essential for power factor correction and voltage regulation. With the increasing demand for energy-efficient solutions and advancements in technology, the market for high voltage capacitors in the 500-1000V range is expected to continue growing, driven by diverse industrial applications and the ongoing transition towards electrification and renewable energy sources.
Based on application, the market is classified into power generation, distribution, transmission and others. The power generation segment dominated the market in 2022 with a market share of 65% and is expected to keep its dominance during the forecast period 2024-2032.
Power generation drives the high voltage capacitor market due to the critical role capacitors play in electrical transmission and distribution systems. Capacitors are essential for power factor correction, voltage regulation, and energy storage in electrical grids.
With the increasing demand for electricity worldwide, there is a growing need for efficient power generation, transmission, and distribution infrastructure. High voltage capacitors are used in power generation plants to improve the efficiency and reliability of electrical systems by providing reactive power support, reducing losses, and stabilizing voltage levels.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 14.8 Billion |
Projected Market Size in 2033 | USD 33.4 Billion |
Market Size in 2023 | USD 13.5 Billion |
CAGR Growth Rate | 9.8% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Dielectric, Capacity, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
High Voltage Capacitor Market: Regional Analysis
By region, High Voltage Capacitor market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global high voltage capacitor market in 2022 with a market share of 45% in 2022 and is expected to keep its dominance during the forecast period 2024-2032.
The Asia-Pacific region propels the high voltage capacitor market due to several factors. Rapid industrialization and urbanization in countries like China, India, and Japan drive the demand for electrical infrastructure, including power generation, transmission, and distribution systems, which require high voltage capacitors.
Furthermore, increasing investments in electrification projects, industrial automation, and transportation electrification contribute to the demand for high voltage capacitors in various sectors. Moreover, the presence of key manufacturers and suppliers in countries like Japan and South Korea enhances the availability and accessibility of high voltage capacitors in the Asia-Pacific market, further driving its growth.
Overall, the region’s economic growth, infrastructure development, and technological advancements fuel the expansion of the high voltage capacitor market in Asia-Pacific.
High Voltage Capacitor Market: Recent Developments
- In July 2021, Siemens introduced Ultracapacitor modules designed to maintain machine operations during grid power interruptions, manage peak loads, and capture braking energy.
- In September 2023, TDK Corporation broadened its CN series of multilayer ceramic capacitors (MLCCs) with a distinctive design and structure. The new design entails resin layers covering solely one side for board mounting, minimizing electrical resistance.
- In April 2023, GE announced the construction and installation of a 500 kV series capacitor bank at a 500 kV substation, replacing an old series that has been in operation for over 40 years in the U.S.
List of the prominent players in the High Voltage Capacitor Market:
- ABB Ltd.
- Siemens AG
- Schneider Electric SE
- General Electric Company
- TDK Corporation
- Eaton Corporation plc
- Mitsubishi Electric Corporation
- Maxwell Technologies Inc.
- AVX Corporation
- Vishay Intertechnology Inc.
- KEMET Corporation
- EPCOS AG
- Murata Manufacturing Co. Ltd.
- Walsin Technology Corporation
- Cornell Dubilier Electronics Inc.
- Capacitor Industries
- API Technologies Corp.
- Electrocube Inc.
- Aerovox Corporation
- Samwha Capacitor Group
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The High Voltage Capacitor Market is segmented as follows:
By Dielectric
- Plastic Film Capacitor
- Ceramic Capacitor
- Aluminium Electrolytic Capacitor
- Others
By Capacity
- 500-1000V
- 1001-7000V
- 7001-14000V
- Above 14000V
By Application
- Power Generation
- Distribution
- Transmission
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global High Voltage Capacitor Market, (2024 – 2033) (USD Billion)
- 2.2 Global High Voltage Capacitor Market: snapshot
- Chapter 3. Global High Voltage Capacitor Market – Industry Analysis
- 3.1 High Voltage Capacitor Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing demand for energy efficient technologies
- 3.2.2 Rising electric infrastructure spending drives market growth
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Dielectric
- 3.7.2 Market Attractiveness Analysis By Capacity
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global High Voltage Capacitor Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global High Voltage Capacitor Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global High Voltage Capacitor Market – Dielectric Analysis
- 5.1 Global High Voltage Capacitor Market Overview: By Dielectric
- 5.1.1 Global High Voltage Capacitor Market Share, By Dielectric, 2023 and 2033
- 5.2 Plastic Film Capacitor
- 5.2.1 Global High Voltage Capacitor Market by Plastic Film Capacitor, 2024 – 2033 (USD Billion)
- 5.3 Ceramic Capacitor
- 5.3.1 Global High Voltage Capacitor Market by Ceramic Capacitor, 2024 – 2033 (USD Billion)
- 5.4 Aluminium Electrolytic Capacitor
- 5.4.1 Global High Voltage Capacitor Market by Aluminium Electrolytic Capacitor, 2024 – 2033 (USD Billion)
- 5.5 Others
- 5.5.1 Global High Voltage Capacitor Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global High Voltage Capacitor Market Overview: By Dielectric
- Chapter 6. Global High Voltage Capacitor Market – Capacity Analysis
- 6.1 Global High Voltage Capacitor Market Overview: By Capacity
- 6.1.1 Global High Voltage Capacitor Market Share, By Capacity, 2023 and 2033
- 6.2 500-1000V
- 6.2.1 Global High Voltage Capacitor Market by 500-1000V, 2024 – 2033 (USD Billion)
- 6.3 1001-7000V
- 6.3.1 Global High Voltage Capacitor Market by 1001-7000V, 2024 – 2033 (USD Billion)
- 6.4 7001-14000V
- 6.4.1 Global High Voltage Capacitor Market by 7001-14000V, 2024 – 2033 (USD Billion)
- 6.5 Above 14000V
- 6.5.1 Global High Voltage Capacitor Market by Above 14000V, 2024 – 2033 (USD Billion)
- 6.1 Global High Voltage Capacitor Market Overview: By Capacity
- Chapter 7. Global High Voltage Capacitor Market – Application Analysis
- 7.1 Global High Voltage Capacitor Market Overview: By Application
- 7.1.1 Global High Voltage Capacitor Market Share, By Application, 2023 and 2033
- 7.2 Power Generation
- 7.2.1 Global High Voltage Capacitor Market by Power Generation, 2024 – 2033 (USD Billion)
- 7.3 Distribution
- 7.3.1 Global High Voltage Capacitor Market by Distribution, 2024 – 2033 (USD Billion)
- 7.4 Transmission
- 7.4.1 Global High Voltage Capacitor Market by Transmission, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global High Voltage Capacitor Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global High Voltage Capacitor Market Overview: By Application
- Chapter 8. High Voltage Capacitor Market – Regional Analysis
- 8.1 Global High Voltage Capacitor Market Regional Overview
- 8.2 Global High Voltage Capacitor Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America High Voltage Capacitor Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.4 North America High Voltage Capacitor Market, by Dielectric, 2024 – 2033
- 8.4.1 North America High Voltage Capacitor Market, by Dielectric, 2024 – 2033 (USD Billion)
- 8.5 North America High Voltage Capacitor Market, by Capacity, 2024 – 2033
- 8.5.1 North America High Voltage Capacitor Market, by Capacity, 2024 – 2033 (USD Billion)
- 8.6 North America High Voltage Capacitor Market, by Application, 2024 – 2033
- 8.6.1 North America High Voltage Capacitor Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe High Voltage Capacitor Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.8 Europe High Voltage Capacitor Market, by Dielectric, 2024 – 2033
- 8.8.1 Europe High Voltage Capacitor Market, by Dielectric, 2024 – 2033 (USD Billion)
- 8.9 Europe High Voltage Capacitor Market, by Capacity, 2024 – 2033
- 8.9.1 Europe High Voltage Capacitor Market, by Capacity, 2024 – 2033 (USD Billion)
- 8.10 Europe High Voltage Capacitor Market, by Application, 2024 – 2033
- 8.10.1 Europe High Voltage Capacitor Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific High Voltage Capacitor Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific High Voltage Capacitor Market, by Dielectric, 2024 – 2033
- 8.12.1 Asia Pacific High Voltage Capacitor Market, by Dielectric, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific High Voltage Capacitor Market, by Capacity, 2024 – 2033
- 8.13.1 Asia Pacific High Voltage Capacitor Market, by Capacity, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific High Voltage Capacitor Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific High Voltage Capacitor Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America High Voltage Capacitor Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America High Voltage Capacitor Market, by Dielectric, 2024 – 2033
- 8.16.1 Latin America High Voltage Capacitor Market, by Dielectric, 2024 – 2033 (USD Billion)
- 8.17 Latin America High Voltage Capacitor Market, by Capacity, 2024 – 2033
- 8.17.1 Latin America High Voltage Capacitor Market, by Capacity, 2024 – 2033 (USD Billion)
- 8.18 Latin America High Voltage Capacitor Market, by Application, 2024 – 2033
- 8.18.1 Latin America High Voltage Capacitor Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa High Voltage Capacitor Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa High Voltage Capacitor Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa High Voltage Capacitor Market, by Dielectric, 2024 – 2033
- 8.20.1 The Middle-East and Africa High Voltage Capacitor Market, by Dielectric, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa High Voltage Capacitor Market, by Capacity, 2024 – 2033
- 8.21.1 The Middle-East and Africa High Voltage Capacitor Market, by Capacity, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa High Voltage Capacitor Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa High Voltage Capacitor Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 ABB Ltd.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Siemens AG
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Schneider Electric SE
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 General Electric Company
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 TDK Corporation
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Eaton Corporation plc
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Mitsubishi Electric Corporation
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Maxwell Technologies Inc.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 AVX Corporation
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Vishay Intertechnology Inc.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 KEMET Corporation
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 EPCOS AG
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Murata Manufacturing Co. Ltd.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Walsin Technology Corporation
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Cornell Dubilier Electronics Inc.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Capacitor Industries
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 API Technologies Corp.
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Electrocube Inc.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Aerovox Corporation
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Samwha Capacitor Group
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 ABB Ltd.
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- ABB Ltd.
- Siemens AG
- Schneider Electric SE
- General Electric Company
- TDK Corporation
- Eaton Corporation plc
- Mitsubishi Electric Corporation
- Maxwell Technologies Inc.
- AVX Corporation
- Vishay Intertechnology Inc.
- KEMET Corporation
- EPCOS AG
- Murata Manufacturing Co. Ltd.
- Walsin Technology Corporation
- Cornell Dubilier Electronics Inc.
- Capacitor Industries
- API Technologies Corp.
- Electrocube Inc.
- Aerovox Corporation
- Samwha Capacitor Group
- Others
FAQs
The restraints of the High Voltage Capacitor market is limited availability of raw materials.
The “Power Generation” had the largest share in the global market for High Voltage Capacitor.
The key players in the market are ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Company, TDK Corporation, Eaton Corporation plc, Mitsubishi Electric Corporation, Maxwell Technologies Inc., AVX Corporation, Vishay Intertechnology Inc., KEMET Corporation, EPCOS AG, Murata Manufacturing Co. Ltd., Walsin Technology Corporation, Cornell Dubilier Electronics Inc., Capacitor Industries, API Technologies Corp., Electrocube Inc., Aerovox Corporation, Samwha Capacitor Group, Others.
“Asia-Pacific” had the largest share in the High Voltage Capacitor Market.
The global market is projected to grow at a CAGR of 9.8% during the forecast period, 2024-2033.
The High Voltage Capacitor Market size was valued at USD 14.8 Billion in 2024.