According to a market report by Lucintel, the future of the global PP film capacitors in the HVDC market looks promising with opportunities in the high voltage power transmission industry. The global PP film capacitors in the HVDC market is expected to reach an estimated $460.1 billion by 2030 from $220.7 billion in 2023, at a CAGR of 7.0% from 2024 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 PP film capacitors in the HVDC market to 2030 by HVDC PP Film Capacitor Market: Trends, Opportunities and Competitive Analysis
Trends, opportunities and forecast for PP film capacitors in the HVDC market to 2030 by technology (line commutated converter and voltage sourced converter), installation type (open rack and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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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 [email protected]
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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