Global HV Capacitor Market is Expected to USD 218.84 Million by 2020

Date: 2015-10-28

This report estimates the HV capacitor market size in terms of number of capacitors and market value. The market has been split into major countries. HV capacitor market is expected to grow from USD 133.86 million in 2014 to USD 218.84 million by 2020, with a CAGR of 7.8% from 2015 to 2020.

There are various type of capacitors used in High Voltage applications such as TRV capacitors, Grading Capacitors, coupling capacitors and Others. Capacitors is has variety of application ranging from Generation to distribution. According to their area of application their role changes such as they are used in power line communication, voltage dividers or other.

 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

Asia-Pacific accounted for majority of market share in 2014. China is the largest market in Asia-Pacific with $42.9 million of market in 2014, and is expected to grow rapidly, along with India, in the near future. With major utility companies trying to develop inbuilt capacitors the market might saturate in near future. 

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