Global High-Voltage Capacitor Market 2015-2019
A capacitor (also known as a condenser) is an impassive dual-terminal electrical component used to store energy electrostatically in an electronic field. The arrangements of capacitors differ widely, but each one of them contain at the least two electrical conductors detached by a dielectric, which is also known as the insulator. The conductors can comprise of foils, thin films, or sintered beads or electrolytes that are conductive.
Technavio's analysts forecast the global high-voltage capacitors market to grow at a CAGR of 15.34% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global high-voltage capacitors market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of high-voltage capacitors.
Technavio's report, the Global High-voltage Capacitors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global High-Voltage Capacitor Market 2015-2019
Technavio recognizes the following companies as the key players in the global high-voltage capacitor market: ABB, Alstom, Eaton, Maxwell Technologies, Murata Manufacturing, RTDS Technologies, Samsung Electro-Mechanics, Taiyo Yuden, Transgrid Solutions and Walsin Technology
Other Prominent Vendors in the market are: Epcos, General Atomics, Samwha Capacitor, Siemens, Sieyuan Electric and Vishay Intertechnology
Commenting on the report, an analyst from Technavio’s team said: The cost of raw materials is a major concern in the manufacture of capacitors. Plastic is the most expensive material and increases the variable cost, thereby reducing the contribution margin. In recent years, capacitor manufacturers have struggled to balance their raw material costs and component manufacturing costs, because they know that using substitute raw materials can keep costs down and boost innovation. The critical requirement in capacitor manufacturing is its ability to hold a charge, which is determined by the existing surface area of the dielectric being used. Manipulation and innovations related to these dielectrics will affect the market in the future.
According to the report, several developed and developing countries such as India, China, Japan, Brazil, and Taiwan are going through an industrialization phase. Post-global economic recession, these countries have implemented several initiatives to improve their infrastructure. Many organizations are expanding their industrial operations to meet the increasing domestic and international demand for power supply. Developing countries such as India and China are experiencing rapid urbanization, as well, further driving the need for electricity. The growing electricity demand around the world is creating high demand for installed power generation capacity, which necessitates the expansion of existing power transmission networks.
Further, the report states that high initial investments and the costs of manufacturing processes add ad a challenge to this market.
ABB, Alstom, Eaton, Maxwell Technologies, Murata Manufacturing, RTDS Technologies, Samsung Electro-Mechanics, Taiyo Yuden, Transgrid Solutions, Walsin Technology, Epcos, General Atomics, Samwha Capacitor, Siemens, Sieyuan Electric, Vishay Intertechnology