High-voltage capacitors are key components for circuit breakers and monitoring and protection devices, and are important elements used to improve the efficiency and reliability of the grid. Different technologies are used in high-voltage capacitor manufacturing process, and at all stages of this process polymeric films must be used, along with an encapsulating material, which can be either liquid, solid or gaseous. These materials play major roles in the lifespan and reliability of components. In this paper, we present a review of the different technologies used to manufacture high-voltage capacitors, as well as the different materials used in fabricating high-voltage film capacitors, with a view to establishing a bibliographic database that will allow a comparison of the different technologies.
What’s the situation about high voltage capacitor?
The high voltage capacitor market was valued at $15.8 billion in 2023, and is projected to reach $30.3 billion by 2030,growing at a CAGR of 9.9% from 2021 to 2030. High voltage capacitors offer simple and reliable reactive power to enhance system efficiency, performance, and quality. It is utilized under oil for peaking in large pulse power systems or pulse shaping. The capacitors are produced utilizing foil electrode winding and dielectric. The capacitors are enclosed in plastic cases with pivotal terminals, and are exhaustively vacuum-dried and infused with an insulating liquid.
What’s the design of high voltage capacitor?
The high voltage capacitor market is driven by factors such as increased demand to boost grid infrastructure for increasing the electricity accessibility, increased demand for multi layer ceramic capacitors, and others. However, the high voltage capacitor market is hindered by the high voltage hazards related to high voltage capacitor. There are many factors related to high voltage capacitors that can cause hazards such as, retaining energy even after the equipment has been de-energized，which may further build up a hazardous residual charge without an external energy source. On the contrary,development of the renewable energy market is anticipated to offer lucrative opportunity during the forecast period.
How many dielectric about capacitor ?
The high voltage capacitor market is segmented on the basis of dielectric, capacity, application, and region.On the basis of dielectric， the market is segregated into plastic film capacitor,ceramic capacitor, aluminum electrolytic capacitor, others. By capacity, the global market is classified into 500-1000V，1001-7000V，7001-14000v, and Above14000v.on the basis of application, the market is divided into power generation, transmission, distribution, and others Region-wise, the high voltage capacitor market share is analyzed across North America,Europe, Asia-Pacific.
The key players adopt numerous strategies, such as product launch, business expansion, acquisition,partnership.collaboration , joint venture, and agreement, to stay competitive in the high voltage capacitor market.
How about the High Voltage Capacitor Market, by capacity ?
By capacity, the 500-1000v segment garnered market share of 14.4%% in 2020, in terms of revenue and expected to grow at a CAGR of 10.9% during the forecast period. In recent years, the electronics industry has seen large growth owing to technological advancement and population growth across the globe.Capacitors ranging from 500 to 1000volts are commonly employed in electrical circuits to block direct current while allowing alternating current to pass.They smooth the output of power supply in analogue filter networks.
How about the High Voltage capacitor Market, by Application ?
By application, the power generation segment garnered market share of 37.0% in 2020, in terms of revenue and expected to grow at a CAGR of 10.9% during the forecast period.Power generation equipment has witnessed a strong demand owing to the increase in population followed by rise in number of consumers and rapid urbanization. The increase in consumption leads to a rise in demand for electricity, thereby increasing the demand for high voltage capacitors in the power generation equipment.
High voltage film capacitors can be mounted individually or stacked together and are one of the most common types of capacitors used in electronic equipment. Their design allows for direct contact to electrodes, which helps keep current paths short. The electrodes on film capacitors can also be interchanged, which makes them more versatile than other types of capacitors. Polymer film capacitors are non-polarized, provide low ESR and can also withstand high voltages. Their low cost, stability and low inductance make them suitable for a wide range of AC and DC microelectronic applications.
How about the High Voltage Capacitor Market, by Region ?
Region-wise, Asia-Pacific is expected to grow at a CAGR of 11.69%, in terms of revenue during the forecast period.This is attributed to presence of key high voltage capacitor industrial participants and rising consumer base in China,Japan, and India.
What’s the key benefits for stakeholders ?
The report outlines the current market trends and future scenario of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
Key benefits for stakeholders
1. The report outlines the current market trends and future scenario of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
The high voltage capacitor market size is provided in terms of revenue and volume.
2. The report provides an in-depth analysis of the market along with the current and future high voltage capacitor market trends.
This report highlights the key drivers, opportunities, and restraints of the high voltage capacitor market along with impact analysis during the forecast period.
3. Porter's five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the high voltage capacitor industry for strategy building.
The study provides a comprehensive analysis of the factors that drive and restrain the high voltage capacitor market growth.
What’s the lmpact of COVID-19 on the High Voltage Capacitor Market ?
1.The outbreak of COVID-19 in China and it's spread across numerous countries around the world halted the manufacturing activities of industrial sectors which correspondingly hampered high voltage capacitor manufacturing as well.
2.The raw material procurement was also challenged owing to outbreak of COVID-19.
3.The revenue streams of government of numerous countries were halted which correspondingly hindered the government funded transmission and distribution projects. This consequently decreased the demand for high voltage capacitors.
4.lt is expected that as economies of numerous countries are recovering the government funded trans mission and distribution projects might resume as soon as possible.Which might increase the demand for high voltage capacitor.