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.
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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
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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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