NEW YORK, Nov. 3, 2015 /PRNewswire/ -- 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.
Various secondary sources, such as encyclopedias, directories, and databases have been used to identify and collect information useful for this study. Primary sources, such as experts in the industry and suppliers, have been interviewed to obtain and verify critical information as well as to assess the future prospects of the HV capacitor market.
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.
The HV capacitor market has been segmented into major countries—namely, Canada, U.S., Mexico, Brazil, Norway, UK, Switzerland, Sweden, Germany, India and China. The report also touches on various other important aspects of the market such as SWOT analysis of major players and competitive landscape.
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