Technavio Says Replacement of High-Priced Dielectrics Will Accelerate Demand for High-Voltage Capacitors Through 2019
May 28, 2015 | By Business Wire News
LONDON
Technavio has published a new report on the global high-voltage capacitor market, which is expected to grow at a CAGR of over 15% from 2015-2019.
About the Report
According to the latest industry trends and forecasts by Technavio, high-priced components such as ceramic and mica are being replaced by cost-effective alternatives in the high-voltage capacitor market. Vendors are expected to introduce many innovative and efficient high-voltage capacitors during the forecast period.
“The capacitor’s ability to hold an electric charge is determined by its dielectric components. Miniaturization of components and innovations related to dielectrics are positively impacting the high-voltage capacitor market,” says Faisal Ghaus, Vice President of Technavio.
Furthermore, the new Technavio report also emphasizes vendor strategies in regards to product differentiation through R&D. Vendors are making concentrated efforts to provide superior-quality and highly customized products aimed at fulfilling specific customer requirements.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global high-voltage capacitor market from 2015-2019. To calculate the market size, this report considers revenue generated by vendors in the market through the sale of high voltage capacitors like plastic films, ceramics, and mica.
Key Information Covered in the Report:
- Key Vendors:
- ABB Ltd
- Alstom SA
- Eaton Corporation Plc
- Murata Manufacturing,
- Samsung Electro-Mechanics
- Walsin Technology Corp
- Market Growth Drivers:
- Increased demand for replacement
- For a full detailed list, view our report.
- Market Challenges:
- Growing unorganized sector
- For a full detailed list, view our report.
- Market Trends:
- Introduction of innovative raw materials
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the semiconductors market:
- Global High-voltage MOSFET Market 2014-2018
- Global High Voltage Switchgear for AC Transmission System Market 2012-2016
- Global HV Capacitor Market 2015-2019
- Global Power Cable Market 2014-2018
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150528005613/en/
Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com