The North America HVDC Capacitor Market would witness market growth of 13.3% CAGR during the forecast period (2022-2028).
A larger conductor can reduce power loss during transmission, but larger conductors are more expensive and heavier. Transmission-level voltages must be decreased for end-use equipment since high voltage cannot be easily employed for lighting or motors. Alternating current (AC) transmission circuits' voltage levels can be changed using transformers.
Voltage changes were made feasible by transformers, and AC generators were more effective than their DC counterparts. Around the turn of the 20th century, low voltage AC transmission systems replaced the earlier low voltage DC transmission systems due to these advantages. The development of power electronics components like mercury-arc valves and semiconductor products like thyristors, integrated gate-commutated thyristors (IGCTs), MOS-controlled thyristors (MCTs), and insulated-gate bipolar transistors allowed for the practical conversion of power between AC and DC.
A pan-Canadian EV subsidy program, offering a $5,000 rebate towards the purchase of a new electric car, was launched by Transport Canada in May 2019. In Canada, sales of electric vehicles increased in the second quarter of 2019. However, the pace of the extra sales did not continue in any of the areas during the second quarter, suggesting that the reduced incentive sum may have a smaller or more fleeting benefit than the $10,000 incentive that was previously provided in Ontario.
The US market dominated the North America HVDC Capacitor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,490 million by 2028. The Canada market is poised to grow at a CAGR of 15.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 14.8% during (2022 - 2028).
Based on Technology, the market is segmented into Line-commutated Converter (LCC) and Voltage-source Converter (VSC). Based on Product Type, the market is segmented into Plastic Film Capacitors, Aluminum Electrolytic Capacitors, Ceramic Capacitors, Tantalum Wet Capacitors, and Others. Based on Application, the market is segmented into Energy & Power, Aerospace & Defense, Industrial, Commercial, and Others. Based on Installation Type, the market is segmented into Enclosed Rack Capacitor Banks, Open Rack Capacitor Banks, and Pole-mounted Capacitor Banks. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global HVDC Capacitor Market is Estimated to reach $11.4 Billion by 2028, at a CAGR of 13.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Hitachi, Ltd., TDK Corporation, Yageo Corporation, Vishay Intertechnology, Inc., Eaton Corporation PLC, Kyocera Corporation, General Atomics, International Capacitors, S.A., and ELECTRONICON Kondensatoren GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Line-commutated Converter (LCC)
- Voltage-source Converter (VSC)
By Product Type
- Plastic Film Capacitors
- Aluminum Electrolytic Capacitors
- Ceramic Capacitors
- Tantalum Wet Capacitors
- Others
By Application
- Energy & Power
- Aerospace & Defense
- Industrial
- Commercial
- Others
By Installation Type
- Enclosed Rack Capacitor Banks
- Open Rack Capacitor Banks
- Pole-mounted Capacitor Banks
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- Hitachi, Ltd.
- TDK Corporation
- Yageo Corporation
- Vishay Intertechnology, Inc.
- Eaton Corporation PLC
- Kyocera Corporation
- General Atomics
- International Capacitors, S.A.
- ELECTRONICON Kondensatoren GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America HVDC Capacitor Market, by Technology
1.4.2 North America HVDC Capacitor Market, by Product Type
1.4.3 North America HVDC Capacitor Market, by Application
1.4.4 North America HVDC Capacitor Market, by Installation Type
1.4.5 North America HVDC Capacitor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America HVDC Capacitor Market by Technology
4.1 North America Line-commutated Converter (LCC) Market by Country
4.2 North America Voltage-source Converter (VSC) Market by Country
Chapter 5. North America HVDC Capacitor Market by Product Type
5.1 North America Plastic Film Capacitors Market by Country
5.2 North America Aluminum Electrolytic Capacitors Market by Country
5.3 North America Ceramic Capacitors Market by Country
5.4 North America Tantalum Wet Capacitors Market by Country
5.5 North America Others Market by Country
Chapter 6. North America HVDC Capacitor Market by Application
6.1 North America Energy & Power Market by Country
6.2 North America Aerospace & Defense Market by Country
6.3 North America Industrial Market by Country
6.4 North America Commercial Market by Country
6.5 North America Others Market by Country
Chapter 7. North America HVDC Capacitor Market by Installation Type
7.1 North America Enclosed Rack Capacitor Banks Market by Country
7.2 North America Open Rack Capacitor Banks Market by Country
7.3 North America Pole-mounted Capacitor Banks Market by Country
Chapter 8. North America HVDC Capacitor Market by Country
8.1 US HVDC Capacitor Market
8.1.1 US HVDC Capacitor Market by Technology
8.1.2 US HVDC Capacitor Market by Product Type
8.1.3 US HVDC Capacitor Market by Application
8.1.4 US HVDC Capacitor Market by Installation Type
8.2 Canada HVDC Capacitor Market
8.2.1 Canada HVDC Capacitor Market by Technology
8.2.2 Canada HVDC Capacitor Market by Product Type
8.2.3 Canada HVDC Capacitor Market by Application
8.2.4 Canada HVDC Capacitor Market by Installation Type
8.3 Mexico HVDC Capacitor Market
8.3.1 Mexico HVDC Capacitor Market by Technology
8.3.2 Mexico HVDC Capacitor Market by Product Type
8.3.3 Mexico HVDC Capacitor Market by Application
8.3.4 Mexico HVDC Capacitor Market by Installation Type
8.4 Rest of North America HVDC Capacitor Market
8.4.1 Rest of North America HVDC Capacitor Market by Technology
8.4.2 Rest of North America HVDC Capacitor Market by Product Type
8.4.3 Rest of North America HVDC Capacitor Market by Application
8.4.4 Rest of North America HVDC Capacitor Market by Installation Type
Chapter 9. Company Profiles
9.1 General Electric (GE) Co.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Hitachi, Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.5.4 Geographical Expansions:
9.3 TDK Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Geographical Expansions:
9.4 Yageo Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional and Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Acquisition and Mergers:
9.5 Vishay Intertechnology, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research and Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.6 Eaton Corporation PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Kyocera Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.8 General Atomics
9.8.1 Company Overview
9.9 International Capacitors, S.A. (LIFASA)
9.9.1 Company Overview
9.10. ELECTRONICON Kondensatoren GmbH
9.10.1 Company Overview
TABLE 1 North America HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 2 North America HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– HVDC Capacitor Market
TABLE 4 Product Launches And Product Expansions– HVDC Capacitor Market
TABLE 5 Acquisition and Mergers– HVDC Capacitor Market
TABLE 6 Geographical expansions– HVDC Capacitor Market
TABLE 7 North America HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 8 North America HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 9 North America Line-commutated Converter (LCC) Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Line-commutated Converter (LCC) Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Voltage-source Converter (VSC) Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Voltage-source Converter (VSC) Market by Country, 2022 - 2028, USD Million
TABLE 13 North America HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 14 North America HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 15 North America Plastic Film Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Plastic Film Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Aluminum Electrolytic Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Aluminum Electrolytic Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Ceramic Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Ceramic Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Tantalum Wet Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Tantalum Wet Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 26 North America HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 27 North America Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 38 North America HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 39 North America Enclosed Rack Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Enclosed Rack Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Open Rack Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Open Rack Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Pole-mounted Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Pole-mounted Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 45 North America HVDC Capacitor Market by Country, 2018 - 2021, USD Million
TABLE 46 North America HVDC Capacitor Market by Country, 2022 - 2028, USD Million
TABLE 47 US HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 48 US HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 49 US HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 50 US HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 51 US HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 52 US HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 53 US HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 54 US HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 55 US HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 56 US HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 57 Canada HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 58 Canada HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 59 Canada HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 60 Canada HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 61 Canada HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Canada HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Canada HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 64 Canada HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 65 Canada HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 66 Canada HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 67 Mexico HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 68 Mexico HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 69 Mexico HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 70 Mexico HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 71 Mexico HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 72 Mexico HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 73 Mexico HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 74 Mexico HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 75 Mexico HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 76 Mexico HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 77 Rest of North America HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 78 Rest of North America HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 79 Rest of North America HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 80 Rest of North America HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 81 Rest of North America HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 82 Rest of North America HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 83 Rest of North America HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of North America HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of North America HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 86 Rest of North America HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 87 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 88 Key Information – Hitachi, Ltd.
TABLE 89 Key information – TDK Corporation
TABLE 90 Key Information – Yageo Corporation
TABLE 91 key Information – Vishay Intertechnology, Inc.
TABLE 92 key information – Eaton Corporation PLC
TABLE 93 Key Information – Kyocera Corporation
TABLE 94 Key Information – General Atomics
TABLE 95 Key Information – International Capacitors, S.A.
TABLE 96 Key Information – ELECTRONICON Kondensatoren GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: General Electric (GE) Co.
FIG 5 Swot analysis: General electric (GE) Co.
FIG 6 Recent strategies and developments: Hitachi, Ltd.
FIG 7 Recent strategies and developments: TDK Corporation