PUNE, India -- The report "HV Capacitor Market by Voltage level, Applications (Generation, Transmission, Distribution and Testing) & Geography (Canada, U.S., Mexico, Brazil, Norway, UK, Switzerland, Sweden, Germany, India, China)- Global Industry Trends & Forecast to 2020" published by MarketsandMarkets, defines and segments the HV Capacitor Market with analysis and forecast of the global volume and revenue.
In 2015, China is estimated to be the largest market for HV capacitors and would remain the top consumer till the year 2020. The extensive demand of electricity in countries such as China and India is making the national governments expand their electric network thus increasing the demand of HV capacitors in various applications. The growing transmission and distribution network across globe is one of the biggest drivers for HV Capacitor Market. Maximum T&D expansion projects are on-going in Asia-Pacific and the market is expected to be the biggest and the fastest growing market for HV capacitors.
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. In this, HV capacitors for transmission application are expected to occupy the major share, as compared to other applications.
High Voltage capacitor
High voltage capacitors are very important part of the electricity network, they have varied application depending upon their type and voltage levels. Increase in distribution investment in China, India, Brazil, Mexico and other developing economies expanding their distribution infrastructure to improve electrification rate and growth in distribution investment in the U.S and some European countries for up gradation of their distribution network will lead to a higher demand for HV capacitors in coming times. 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
The report covers global HV Capacitor Market in terms of consumption (no. of capacitors) and revenue ($million) across major countries which are Canada, U.S., Mexico, Brazil, Norway, UK, Switzerland, Sweden, Germany, India and China. It captures quantitative base of HV capacitors applications such as Generation, Transmission, Distribution and Testing these applications are further segmented into sub-applications and type of capacitors. The report briefly records the HV Capacitor Market by geography and types. It also explains trends in its consumption from 2014 to 2020. However, the scope of the report is limited to analysis, estimations, and forecast about HV capacitors market based on their types, geography, and applications.
The report presents the market size of each geography and application in USD and also the historic and forecasted data for number of capacitors.
Browse 97 market data Tables and 90 Figures spread through 440 Pages and in-depth TOC on "HV Capacitor Market Global Industry Trends & Forecast to 2020" at http://www.marketsandmarkets.com/Market-Reports/high-voltage-capacitors-market-5405368.html?utm_source=PRnewswires&utm_medium=Referral&utm_campaign=PRnewswire
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