High Voltage Direct Current (HVDC) Capacitor Market to reach US$7.713 billion by 2021

Knowledge Sourcing Intelligence announces the publication of a new report “High Voltage Direct Current (HVDC) Capacitor Market - Forecasts from 2016 to 2021" to their offering. The report has segmented the High Voltage Direct Current (HVDC) Capacitor Market by Type (Aluminium, Ceramic, Plastic Film, Mica and Others), by Technology (Line Commutated Converter (LCC), Voltage Source Converter (VSC) and others), by Application (Manufacturing, Military and Defence, Energy and Power and Others) and by geography (Americas, Europe Middle East and Africa, and Asia Pacific). The report analyses the global HVDC market which is anticipated to grow from US$4.032 billion in 2015 to US$7.713 billion by 2021, at a CAGR of 11.42% over the forecast period.

Global HVDC Capacitor market is majorly driven by rising demand for electricity worldwide. Moreover, growing need to reduce power losses during transmission is further escalating the demand for HVDC Capacitors across the globe. In recent years, growing demand from the renewable energy sector has accelerated market growth owing to rising number of offshore transmission in the form of wind farms and solar panels.

Voltage Source Converter (VSC) to witness highest market growth by technology.

The growing demand for compact size and cost efficient capacitors is accelerating the need for VSC-based technology in high voltage direct current capacitor market. Increased application in underground and offshore transmission, rising demand from developing economies for efficient electricity supply and the need for converter transformers that are simpler to construct in these developing regions, have all strengthened market growth.

Asia Pacific to witness high growth during projected period.

Asia-Pacific region is projected to witness a high growth due to increasing investment in research and development activities and development of power transmission networks. Moreover, rising demand for electricity in countries such as India and China owing to their large population and high economic growth are further fuelling demand for HVDC Capacitor in the Asia-Pacific region.

The key players of global HVDC market covered in this report include Epcos AG, Vishay Intertechnology, ABB Ltd., Murata Manufacturing, Siemens AG, General Atomics, Inc., Maxwell Technologies, Alstom, Transgrid Solutions and Eaton Corporation PLC

This report contains the market analysis on the current trends in the high voltage direct current capacitor market and the opportunities for the vendors over the next six years. It provides deep insights into the drivers and restraints of the industry. High Voltage Direct Current Capacitor Market report also consists of in-depth regional analysis. A lot of statistically relevant tools and detailed industry analysis models such as scenario analysis have been used to forecast the market trends and forecasts up to the year 2021.

The report also talks about the strategies adopted by the industry leaders to gain an advantage over competitors and the recent deals that they have gone into to position themselves better in this market.

Purchase the complete report or request for a sample:
www.knowledge-sourcing.com/products/high-voltage-direct-current-hvdc-capacitor-market-forecasts-from-2016-to-2021

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Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data assists in generating quality reports providing crucial insights to managers and decision makers. The services offered by us help companies to gain required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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