HVDC stands for high voltage direct current and capacitors of this type are HVDC Capacitors. Due to the properties like asynchronous interconnection, low transmission losses and the capability to deliver the bulk power for the long-distance transmissions these HVDC Capacitors have stolen the market interests and have marked the predominant place in Europe Capacitor Industry.
Europe HVDC Capacitor Market Size & Growth:
Europe Revenue of HVDC Capacitor market is valued at xx Billion in 2018 and estimated to reach a value of xx Billion in 2024 at CAGR of xx %. Key points like low transmission losses and capability to deliver bulk power for long distances, declining technology costs, and growing government incentives are driving the markets. Where the factors like High Infrastructure cost and absence of standardisation are hindering the growth of the HVDC markets.
Europe HVDC Capacitor Market Share:
Europe HVDC capacitor market is classified by installation type, by technology, by product type, by application and by geography. By installation type, these are segmented as pole-mounted capacitor banks, open capacitor banks, and enclosed capacitor banks. By technology, these are segmented as voltage sourced converters(VSC) and line commutated converters(LCC). By product type, these are segmented as wet tantalum capacitors, glass capacitors, ceramic capacitors, aluminium electrolytic capacitors, reconstituted mica paper capacitors and plastic film capacitors. By application, these are segmented by the commercial sector, energy & power sector, steel manufacturing, heavy manufacturing plants, Defence sector, paper and pulp factories, mining sector and petrochemical industries. By geography, they are sub-segmented as Germany, France, Russia, Spain, and Italy.
Europe HVDC Capacitor Market Trends:
Europe HVDC Capacitor Market Research Reports Includes:
Starting from $2700
Starting from $2700
Starting from $2700
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