Lucintel Forecasts The Global Hvdc Pp Film Capacitor Market To Reach $460 Million By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global HVDC PP Film Capacitor Market looks promising with opportunities in the high voltage power transmission industry. The global HVDC PP Film Capacitor Market is expected to reach an estimated $460 million by 2030 from $221 million in 2023 at a CAGR of 7% from 2023 to 2030. The major drivers for this market are growing demand for renewable energy, increasing installation for HVDC systems, and low transmission loss and better stability of HVDC lines.
Browse 98 figures/charts and 75 tables in this 160-page report to understand trends, opportunity and forecast in HVDC PP Film Capacitor Market to 2030.
Download sample by clicking on HVDC PP Film Capacitor Market.
Lucintel forecasts that voltage sourced converter systems will remain the largest technology segment in terms of use of PP film capacitors due to growth in offshore wind capacity and black-start capability and finer reactive power control of VSC as compared to LCC technology.
Open rack will remain the largest installation type segment during the forecast period, driven by increasing open ...
... rack installation of HVDC systems.
Asia Pacific will remain the largest region by value and volume during the forecast period. Growing demand for electricity due to huge investment in infrastructure and urbanization, increasing investment in renewable energy, and implementation of UHVDC in China have resulted in high demand for PP based capacitors in this region.
ABB Ltd., Vishay Intertechnology, AVX, TDK, General Electric are the major suppliers in the PP film capacitors in the HVDC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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