HVDC Capacitor Market Growth Driven by Automation and Infrastructure Development: Market Reports Hub

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Dec 09, 2014, 05:00 ET

DALLAS, December 9, 2014 /PRNewswire/ --

MarketReportsHub.com offers HVDC Capacitor Market by Type, Technology (LCC, VSC), Installation (Open Rack, Enclosed Rack, Pole Mounted Capacitor Banks), Application & Geography - Global Trends & Forecast to 2013 - 2020 in its online store of syndicated research reports.

Global HVDC capacitor market, valued at $1,310.00 million in 2013, is forecast to grow at 16% CAGR and reach $3,890.00 million by 2020. The major drivers for the growth of the HVDC capacitor market are supportive government regulations, need for improved stability, and low transmission losses in the existing power infrastructure along with demand driven by smaller, niche end-user segments. There are some restraining factors for the market, such as high infrastructure cost and lack of standardization. The HVDC capacitor industry is growing rapidly due to the growth of infrastructure and automation, which are the key opportunities for the HVDC capacitor market. Complete report is available at http://www.marketreportshub.com/hvdc-capacitor-industry-research-marketsandmarkets.html .

HVDC transmission has become an interesting preposition across the globe due to its low transmission losses, asynchronous interconnection, and the capability to deliver bulk power for long distance transmissions. HVDC capacitors, thus, find major applications in industrial, commercial, and energy and power sectors. The decreasing technology cost and increasing government incentivization is helping in the adoption of the HVDC technology.The report covers two HVDC technologies - Line Commutated Converter (LCC) and Voltage Source Converters (VSC). It also covers the market for the following types of HVDC capacitors - plastic film capacitors, aluminum electrolytic capacitors, ceramic capacitors; tantalum wet capacitors, reconstituted mica capacitors, and glass capacitors.

This report is based on an extensive research study of the HVDC capacitor market and aims at identifying the entire market and all its sub-segments through extensively detailed classifications. The demand for the HVDC capacitor is expecting a significant growth and importance among industry players across various verticals. Europe and APAC are considered to be the fastest growing markets due to the high development in power transmission networks. The American market also constitutes as a substantial share in the HVDC capacitor market, where the U.S. is considered as the major contributor.

This report is focused on giving a bird's eye-view of the industry with regard to the HVDC capacitor market, with qualitative analysis at each and every aspect of the classification done on the basis of type, installation, technology, applications, and geography. The report provides a forecast of the growth of the HVDC capacitor market from 2013 to 2020. A complete competitive landscape of the current market is analyzed from the market share analysis and rankings of current key players; all the other details of the key players are discussed in their company profiles. The competitive information provided in this report includes market shares of the leading HVDC capacitor manufacturers, key developments, core strategies deployed by various players, mergers and acquisitions, new product developments, collaborations, and joint ventures of key manufacturers along with their company profiles.

HVDC capacitor market companies profiled in this research include Eaton Corporation PLC, ABB Ltd, RTDS Technologies, Alstom SA, Transgrid Solutions, Maxwell Technologies Inc., Siemens AG, General Atomics Inc., Vishay Intertechnology Inc., Epcos AG, Sieyuan Electric and Samwha Capacitor Co Ltd. Order a copy of this research at http://www.marketreportshub.com/purchase?rpid=2387 .

Over the last two decades, HVDC capacitor has become a dominating technology for bulk power transmission over long distances. The government initiatives toward energy trade and interconnecting the power grid is expected to boost the deployment of the HVDC grid across the globe. The types of the HVDC capacitor technologies covered in the report are Line Commutated Converter, Voltage Source Converter, and others. In the HVDC capacitor market by technology, the Line Commutated Converter (LCC) technology accounted for the major share worth 59% in 2013. Market opportunities for the Voltage Source Converter (VSC) technology, which is more compact and enables renewable energy, are expected to increase over the next few years.

The report covers the key application sectors of the HVDC capacitor market, which include commercial, industrial, energy and power, defense, and other sectors. Among all the applications, the energy and power sector is expected to be the largest contributor to the overall HVDC capacitor market, holding ~50% share.

Other HVDC related reports by MarketsandMarkets available with MarketReportsHub.com include:

HVDC Converter Station Market by Type (Monopolar, Bi-Polar, Back to Back, and Multi-Terminal), by Technology (Line Commutated Current Sourced Converters and Voltage Source Converters (VSC)), by Application and by Geography - Global Trends & Forecasts to 2019: This report profiles companies like ABB Ltd, Alstom SA, Bharat Heavy Electricals Ltd, Crompton Greaves, General Electric, Hitachi Ltd, Mitsubishi Electric, Nissin Electric Co Ltd, Siemens and Toshiba. Spread across 200 pages, this research is available at http://www.marketreportshub.com/hvdc-converter-station-industry-research-marketsandmarkets.html .

HVDC Transmission Market - By Technology (LCC/VSC), Configuration (Back to Back, Monopolar, Bipolar, Multi-Terminal), Power Rating (Below 500 MW, 501 MW - 999 MW, 1000 MW - 2000 MW & Above 2000 MW), Application, Component & Geography (2013 - 2018): This report is of 303 pages and says that global transmission grid market is expected to grow at a CAGR of 16.97% in the next five years (2013-2018). Companies profiled in this research include ABB, Adani Power Limited, Aecom Technology, AEG Power Solutions, Alstom SA, Crompton Greaves, DNV Kema, Energinet, Epcos AG, General Electric, Hitachi, Kalpataru Power Transmission, National Grid, Nexans S.A., Nextek Power Systems, Prysmian Group, Schneider Electric SA, Siemens Energy, Toshiba Corp. and Transgrid Solutions. Complete report is available at http://www.marketreportshub.com/hvdc-transmission-industry-research-2018-marketsandmarkets.html .

Explore more reports on energy and power markets at http://www.marketreportshub.com/categories/energy-power .

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