High-Voltage Capacitor Market Report and Forecast 2023-2028

High-Voltage Capacitor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1840

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Market Overview:

The global high-voltage capacitor market size reached US$ 11.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.8 Billion by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028.

A high-voltage (HV) capacitor is a dual-terminal electrical component, which is utilized to store energy in electrical and electronic equipment. It is among the crucial components used for power generation, transmission, distribution and high-voltage installations. Its capacity usually ranges from 25 volts for household electronics to 1000 volts for specialized industrial equipment. Polypropylene, ceramic, aluminium, glass dielectric and diamond-like carbon variants are the most common types of HV capacitors available in the market. They offer immense stability and power flow control, resilience, and reliability and can segment the power system to enhance the grid’s flexibility. Owing to these benefits, HV capacitors find extensive application across the electronics, utility, automotive and chemical industries.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The rising energy demand across the globe is one of the key factors driving the growth of the market. HV capacitors are primarily utilized for ensuring uninterrupted power supply and the transmission of extra-high voltage (EHV) and ultra-high voltage (UHV) in residential and commercial complexes. Furthermore, the growing requirement of capacitors, owing to their high-temperature stability and insulation properties, has provided a boost to their sales across various industry sectors. Also, with the enhanced penetration of electronics in the daily lives of consumers, there has been an increase in the production of mobile phones, televisions, multimedia players, and smart televisions that utilizes such products. Various product innovations, such as the development of capacitors with improved transmission capacities, along with the increasing power generation through renewable sources, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global high-voltage capacitor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on dielectric, capacity and application.

Breakup by Dielectric:

Ceramic
Plastic Film
Tantalum
Aluminum Electrolytic
Mica
Others

Breakup by Capacity:

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500-1000V
1001-7000V
7001-14000V
Above 14000V

Breakup by Application:

Power Generation
Power Transmission and Distribution
Drivers & Inverters
Motors
Others

Breakup by Region:

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Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
North America
- United States
- Canada
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being ABB Group, Alstom SA, API Capacitors Ltd., Arteche Group, General Atomics Aeronautical Systems Inc., General Electric Company, Iris Power LP, Isofarad Ltd., KONAR Group, International Capacitors, S.A., Tesla, Inc., RTDS Technologies Inc., Siemens AG and TDK Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Dielectric, Capacity, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered	ABB Group, Alstom SA, API Capacitors Ltd., Arteche Group, General Atomics Aeronautical Systems Inc., General Electric Company, Iris Power LP, Isofarad Ltd., KONAR Group, International Capacitors, S.A., Tesla, Inc., RTDS Technologies Inc., Siemens AG and TDK Corporation
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global high-voltage capacitor market was valued at US$ 11.5 Billion in 2022.

We expect the global high-voltage capacitor market to grow at a CAGR of 9.4% during 2023-2028.

The expanding applications of HV capacitors across various end-use industries, including electronics, utility, automotive, chemical, etc., for ensuring uninterrupted power supply are primarily driving the global high-voltage capacitor market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for high-voltage capacitor.

Based on the dielectric, the global high-voltage capacitor market can be segmented into ceramic, plastic film, tantalum, aluminum electrolytic, mica, and others. Currently, plastic film holds the majority of the total market share.

Based on the capacity, the global high-voltage capacitor market has been categorized into 500- 1000V, 1001-7000V, 7001-14000V, and above 14000V. Among these, above 14000V currently exhibits a clear dominance in the market.

Based on the application, the global high-voltage capacitor market can be bifurcated into power generation, power transmission and distribution, drivers & inverters, motors, and others. Currently, power generation accounts for largest market share.

On a regional level, the market has been classified into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global high-voltage capacitor market include ABB Group, Alstom SA, API Capacitors Ltd., Arteche Group, General Atomics Aeronautical Systems Inc., General Electric Company, Iris Power LP, Isofarad Ltd., KONAR Group, International Capacitors, S.A., Tesla, Inc., RTDS Technologies Inc., Siemens AG, and TDK Corporation.

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