According to a market report by Lucintel, the future of the global HVDC PP film capacitor market looks promising with opportunities in the line commutated converter (LCC) and voltage sourced converter (VSC) markets. The global HVDC PP film capacitor market is expected to reach an estimated $1,448 million by 2035 with a CAGR of 10.1% from 2026 to 2035. The major drivers for this market are the rising need for stable and reliable grid performance, the increasing focus on reducing transmission power losses, and the growing demand for efficient long-distance power transmission.
A more than 150-page report to understand trends, opportunity and forecast in HVDC PP film capacitor market to 2035 by installation type (open rack and others), technology (line commutated converter (LCC) and voltage sourced converter (VSC)), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the installation type category, open rack will remain the largest segment over the forecast period due to the increasing deployment of high capacity outdoor HVDC substations.
Within the technology category, line commutated converter is expected to witness higher growth due to the rising adoption of long distance power transmission projects.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the expanding power grid infrastructure and renewable energy investments.
ABB Ltd., Vishay Intertechnology, AVX, TDK, General Electric are the major suppliers in the HVDC PP film capacitor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel’s Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1-972-636-5056
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