Global HVDC Capacitor Markets to 2023: Technical Advances in Power Electronics is Driving the Market - ResearchAndMarkets.com
Sep. 04, 2018
DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The "Global HVDC Capacitor Market - Segmented by Type of Technology, Product Type, Applications, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global HVDC capacitor market is expected to register a growth rate of 15.64% during the forecast period (2018-2023).
Technical Advances in Power Electronics is Driving the Market
The exponentially increasing advances in high voltage high powerfully controlled semiconductor technology continue to have a substantial impact on the development of advanced power electronic apparatus. It is confirmed that the continuous development of power electronics presents cost-effective opportunities for the utilities to exploit, and HVDC remains a key technology.
Other Key HighlightsVoltage Sourced Converters is Witnessing the Fastest Growth Rate Energy & Power Holds Major Market Share
Notable Market Development
Maxwell Technologies, Inc. and Nesscap Energy Inc. leading developers and manufacturers of capacitive energy storage and power delivery solutions, announced that they have entered into an agreement in which Maxwell proposes to acquire substantially all of the assets and business of Nesscap.
Maxwell will purchase the operating entities of Nesscap for a total purchase price of USD 23.17 million, or about 1.1 times annualized revenue based on Nesscap's 9-month revenue ended September 30, 2016.
Maxwell expects to capitalize on synergies between the two companies that will accelerate top-line growth and earnings, increase the innovation rate, and create an expanded and strengthened product portfolio.
With a strengthened sales channel, increased R&D capabilities, and improved manufacturing efficiencies, Maxwell will be able to deliver more products, faster into target markets thereby benefitting customers and other technology adopters.
Companies ProfiledEaton Corporation PLC ABB Ltd. RTDS Technologies Alstom SA Transgrid Solutions Maxwell Technologies Inc. Siemens AG General Atomics Inc. Vishay Intertechnology Inc. Epcos AG Sieyuan Electric Samwha Capacitor Co. Ltd.
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Global HVDC capacitor Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future Outlook of the HVDC Capacitor Market
For more information about this report visit https://www.researchandmarkets.com/research/d4zn42/global_hvdc?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180904005778/en/
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Related Topics:Energy Storage
INDUSTRY KEYWORD: ENERGY OTHER ENERGY TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 09/04/2018 02:49 PM/DISC: 09/04/2018 02:48 PM