The Asia Pacific HVDC Capacitor Market would witness market growth of 14.2% CAGR during the forecast period (2022-2028).
In a producing substation, AC power is produced, which a rectifier can transform into DC. At both ends of a line in an HVDC substation or converter substation are rectifiers and inverters. While the inverter terminal transforms DC to AC, the rectifier terminal changes AC to DC. Inverters located in converter substations are used to convert DC back into AC at the user end while it is still flowing via the overhead lines.
At both the sending and receiving ends of the connection, the power is constant. Because DC reduces losses and boosts efficiency, it is used for long-distance transmission. One transmission line and more than two converter stations make up a system known as a two-terminal DC system or a point-to-point system. Similar to this, a substation is referred to as a multiterminal DC substation if it has more than two converter stations and interconnected DC terminal lines.
The six-pulse bridge is the fundamental component of a line-commutated HVDC converter. By functioning as a current source and introducing harmonic currents of order 6n±1 into the AC system and creating harmonic voltages of order 6n overlaid on the DC voltage, this arrangement results in extremely high levels of frequency deviation.
Rare are multi-terminal HVDC lines that interconnect more than two locations. Multiple terminals can be set up in series, parallel, or hybrid fashion. For stations with high capacity, the parallel configuration is typically employed, and for stations with lower capacity, series configuration. One illustration is the 1992-opened, 2,000 MW Quebec-New England Transmission system, the largest multi-terminal HVDC system in the world. Line commutated converters make it challenging to implement multi-terminal systems because power reversals are caused by switching the polarity of the DC voltage, which has an impact on all converters linked to the system.
The China market dominated the Asia Pacific HVDC Capacitor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $962.1 million by 2028. The Japan market is estimated to grow at a CAGR of 13.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 14.9% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide HVDC Capacitor Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
TABLE 1 Asia Pacific HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 8 Asia Pacific HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Line-commutated Converter (LCC) Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Line-commutated Converter (LCC) Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Voltage-source Converter (VSC) Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Voltage-source Converter (VSC) Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 14 Asia Pacific HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Plastic Film Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Plastic Film Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Aluminum Electrolytic Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Aluminum Electrolytic Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Ceramic Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Ceramic Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Tantalum Wet Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Tantalum Wet Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 26 Asia Pacific HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 38 Asia Pacific HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Enclosed Rack Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Enclosed Rack Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Open Rack Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Open Rack Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Pole-mounted Capacitor Banks Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Pole-mounted Capacitor Banks Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific HVDC Capacitor Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific HVDC Capacitor Market by Country, 2022 - 2028, USD Million
TABLE 47 China HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 48 China HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 49 China HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 50 China HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 51 China HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 52 China HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 53 China HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 54 China HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 55 China HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 56 China HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 57 Japan HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 58 Japan HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 59 Japan HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 60 Japan HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 61 Japan HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Japan HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Japan HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 64 Japan HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 65 Japan HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 66 Japan HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 67 India HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 68 India HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 69 India HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 70 India HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 71 India HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 72 India HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 73 India HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 74 India HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 75 India HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 76 India HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 77 South Korea HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 78 South Korea HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 79 South Korea HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 80 South Korea HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 81 South Korea HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 82 South Korea HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 83 South Korea HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 84 South Korea HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 85 South Korea HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 86 South Korea HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 87 Singapore HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 88 Singapore HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 89 Singapore HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 90 Singapore HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 91 Singapore HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 92 Singapore HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 93 Singapore HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 94 Singapore HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 95 Singapore HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 96 Singapore HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 97 Malaysia HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 98 Malaysia HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 99 Malaysia HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 100 Malaysia HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 101 Malaysia HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 102 Malaysia HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 103 Malaysia HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 104 Malaysia HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 105 Malaysia HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 106 Malaysia HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 107 Rest of Asia Pacific HVDC Capacitor Market, 2018 - 2021, USD Million
TABLE 108 Rest of Asia Pacific HVDC Capacitor Market, 2022 - 2028, USD Million
TABLE 109 Rest of Asia Pacific HVDC Capacitor Market by Technology, 2018 - 2021, USD Million
TABLE 110 Rest of Asia Pacific HVDC Capacitor Market by Technology, 2022 - 2028, USD Million
TABLE 111 Rest of Asia Pacific HVDC Capacitor Market by Product Type, 2018 - 2021, USD Million
TABLE 112 Rest of Asia Pacific HVDC Capacitor Market by Product Type, 2022 - 2028, USD Million
TABLE 113 Rest of Asia Pacific HVDC Capacitor Market by Application, 2018 - 2021, USD Million
TABLE 114 Rest of Asia Pacific HVDC Capacitor Market by Application, 2022 - 2028, USD Million
TABLE 115 Rest of Asia Pacific HVDC Capacitor Market by Installation Type, 2018 - 2021, USD Million
TABLE 116 Rest of Asia Pacific HVDC Capacitor Market by Installation Type, 2022 - 2028, USD Million
TABLE 117 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 118 Key Information – Hitachi, Ltd.
TABLE 119 Key information – TDK Corporation
TABLE 120 Key Information – Yageo Corporation
TABLE 121 key Information – Vishay Intertechnology, Inc.
TABLE 122 key information – Eaton Corporation PLC
TABLE 123 Key Information – Kyocera Corporation
TABLE 124 Key Information – General Atomics
TABLE 125 Key Information – International Capacitors, S.A.
TABLE 126 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