Trends and Forecast for the Global HVDC PP Film Capacitor Market Trends, opportunities and forecast for PP film capacitors in the HVDC market to 2027 technology (line commutated converter and voltage sourced converter), installation type (open rack and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)Lucintel's latest market report analyzed that HVDC PP film capacitor provides attractive opportunities in the high voltage power transmission industry. The HVDC PP film capacitor market is expected to grow with a CAGR of 21%. In this market, voltage sourced converter (VSC) is the largest segment by technology, whereas open rack is largest by installation type. The increasing size of capacitors and growing adoption of multi-terminal HVDC systems provides strategic growth path in this market.
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Based on technology, the HVDC PP film capacitor market is segmented into line commutated converter and voltage sourced converter. The voltage sourced converter segment is accounted for the largest share of the market in 2021 due to growth in offshore wind capacity and black-start capability and finer reactive power control of VSC as compared to LCC technology.
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75 – Tables
98 – Figures
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The HVDC PP film capacitor market is marked by the presence of several big and small players. Some of the prominent players offering HVDC PP film capacitor include ABB Ltd., Yageo Corporation, Vishay Intertechnology, AVX, TDK, and General Electric.
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