Discover the innovative report on High Voltage Capacitors Market

Posted August 2, 2018 by ankit93

HV capacitor market: USD 133.86 Million market in 2014 and is expected to reach USD 218.84 Million by 2020

The Global HV Capacitor Market has growth opportunities owing to increasing electric demand in developing economies such as India, Brazil, and China, which are expected to enhance their grid infrastructure to increase the electricity accessibility to the region’s population. In addition, rapidly increasing demands from various application industries and regions are generating several exciting markets opportunities for HV capacitors.
Browse 97 market data Tables and 90 Figures spread through 440 Pages and in-depth TOC on "HV Capacitor Market by Voltage level, Applications (Generation, Transmission, Distribution and Testing) & Geography (Canada, U.S., Mexico, Brazil, Norway, UK, Switzerland, Sweden, Germany, India, China)- Global Industry Trends & Forecast to 2020"
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Capacitive Voltage Divider is expected to be the most attractive product due to its application in HV, EHV and UHV transmission which is expected to increase in near future. Also, another major reason is that the product has no immediate replacement and EVT is still used in very limited application. Coupling capacitors, Grading capacitors- GIS and Capacitive Voltage Dividers are other attractive products in transmission segment.
Technological upgrade of the old grid infrastructure, new smart grid installations and integration of the network are the major drivers behind the growth of HV capacitor in developed regions such as countries in North America and Europe among others. Maxwell (U.S.), Trench (Germany), W.S. Test Systems (India), X D Power Capacitors (China), and Crompton Greaves (Mumbai) are the leading companies of the high voltage capacitor market
High voltage capacitors are very important part of the electricity network, they have varied application depending upon their type and voltage levels. Increase in distribution investment in China, India, Brazil, Mexico and other developing economies expanding their distribution infrastructure to improve electrification rate and growth in distribution investment in the U.S and some European countries for up gradation of their distribution network will lead to a higher demand for HV capacitors in coming times
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In 2015, China is estimated to be the largest market for HV capacitors and would remain the top consumer till the year 2020. The extensive demand of electricity in countries such as China and India is making the national governments expand their electric network thus increasing the demand of HV capacitors in various applications. The growing transmission and distribution network across globe is one of the biggest drivers for HV capacitor market. Maximum T&D expansion projects are ongoing in Asia-Pacific and the market is expected to be the biggest and the fastest growing market for HV capacitors.
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Issued By markets and markets
Country United States
Categories Energy
Tags high voltage capacitors market
Last Updated August 2, 2018