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

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

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.



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:

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

Breakup by Application:

Power Generation
Power Transmission and Distribution
Drivers & Inverters
Motors
Others

Breakup by Region:


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.

Key Questions Answered in This Report

1. What was the size of the global high-voltage capacitor market in 2022?
2. What is the expected growth rate of the global high-voltage capacitor market during 2023-2028?
3. What are the key factors driving the global high-voltage capacitor market?
4. What has been the impact of COVID-19 on the global high-voltage capacitor market?
5. What is the breakup of the global high-voltage capacitor market based on the dielectric?
6. What is the breakup of the global high-voltage capacitor market based on the capacity?
7. What is the breakup of the global high-voltage capacitor market based on the application?
8. What are the key regions in the global high-voltage capacitor market?
9. Who are the key companies/players in the global high-voltage capacitor market?