Water Cooled Capacitors Market Research, 2031
The global water cooled capacitors market was valued at $0.7 billion in 2021, and is projected to reach $1.5 billion by 2031, growing at a CAGR of 7.1% from 2022 to 2031.
Capacitors are electronic components used to store and release electrical energy in circuits. They are designed to hold an electrical charge, and when a voltage is applied to the capacitor, it stores energy in an electric field. When the voltage is removed, the energy is released back into the circuit. Water-cooled capacitors are a type of capacitor that uses water as a coolant to dissipate heat generated during operation. They are typically used in high-power applications where traditional air-cooled capacitors are not sufficient. Water-cooled capacitors can handle higher voltages and currents than air-cooled capacitors, making them suitable for applications such as induction heating, plasma cutting, and medical imaging.
Segment Overview
The water cooled capacitors market size is segmented into Capacitor Type, Frequency Rating, Voltage Rating, Application and End User.
By capacitor type, the market is divided into polypropylene, ceramic, aluminum, and others. Polypropylene segment will acquire major market share during the forecast period.
By frequency rating, the market is divided into medium and high. Medium frequency rating is anticipated to aquire a major share during the forecast period.
By voltage rating, the market is divided into low, medium and high. Medium voltage rating segment dominated the market in 2021.
By application, the market is segmented into heating & melting, resonant circuits/RF, medical imaging, plasma applications, wireless power transfer, EV charging and others. Heating and melting segment by application is anticipated to aquire a major share during the forecast period. Water-cooled capacitors are available in various types, including aluminum, ceramic, and polypropylene. They are also categorized based on their voltage and frequency ratings. High frequency water-cooled capacitors are used in resonant circuits and RF applications, while medium and low voltage water-cooled capacitors are used in industrial, automotive, and aerospace applications.
By end user, the market is segmented into automotive, aerospace, industrial, railways, renewable energy and others. Industrial end user segment dominated the market in 2021. Water cooled capacitors industry offer several advantages over traditional air-cooled capacitors. They have a higher energy density and can handle higher currents, which makes them suitable for high-power applications. Water-cooled capacitors are also more reliable and have a longer lifespan than air-cooled capacitors. The market for water-cooled capacitors is expected to grow in the coming years due to surge in demand for high-power and high-frequency applications. The adoption of electric vehicles and renewable energy sources, such as wind and solar power, is expected to drive the growth of the water-cooled capacitor market.
Region wise, the water-cooled capacitors market trends are analyzed across North America (the U.S, Canada and Mexico), Europe (UK, Germany, France and rest of Europe), Asia-Pacific (China, Japan, India, Australia and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific garnered significant water cooled capacitors market share in 2021.
Competitive Analysis
Competitive analysis and profiles of the major global water cooled capacitors market players that have been provided in the report include Magnewin Energy PVT.LTD., ZEZ SILKO Ltd., Clariant Power System Ltd., Marxelec Energy PVT.LTD., Vishay Intertechnology, Inc., High Energy Corp. , GE Grid Solutions, Celem Power Capacitors, SAILING TECH and Cornell Dubilier Electronics.
Country Analysis
Country-wise, the U.S. acquired a prime share in the water cooled capacitors market forecast in the North American region and is expected to grow at a significant CAGR during the forecast period of 2022-2031.
In Europe, rest of Europe, dominated the water cooled capacitors market opportunity, in terms of revenue, in 2021 and is expected to follow the same trend during the forecast period. However, the Germany is expected to emerge as the fastest-growing country in Europe's water cooled capacitors with a CAGR of 7.28%.
In Asia-Pacific, China is expected to emerge as a significant market for the water cooled capacitors industry, owing to a significant rise in investment by prime players and government institutions in the region.
By LAMEA region, the Middle East country garner significant market share in 2021. The LAMEA water cooled capacitors market growth has been witnessing improvement, owing to the growing inclination of companies towards research and development across this region. Moreover, the Middle East region is expected to grow at a high CAGR of 9.6% from 2022 to 2031.
Historical Data & Information
The global water cooled capacitors market outlook is highly competitive, owing to the strong presence of existing vendors. Vendors of water cooled capacitors with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to worsen as technological innovations, product extensions, and different strategies adopted by key vendors increase.
Key Developments/ Strategies
Magnewin Energy PVT.LTD., ZEZ SILKO Ltd., Clariant Power System Ltd., Marxelec Energy PVT.LTD., Vishay Intertechnology, Inc., High Energy Corp. , GE Grid Solutions, Celem Power Capacitors, SAILING TECH and Cornell Dubilier Electronics are the top companies holding a prime share in the water cooled capacitors market. Top market players have adopted various strategies, such as product development, acquisition, innovation, partnership, and others to expand their foothold in the Wireless backhaul equipment Market.
- In February 2023, Cornell Dubilier Electronics, Inc. released a new series of Flatpack, low-profile aluminum electrolytic capacitors, tested and rated for 10,000 hours at 105 °C. Type MLPS offers high capacitance density in a flat configuration, with voltage ratings up to 450 Vdc and a temperature range from -55 °C to 105 °C. Their rugged construction provides extraordinary life and reliability for the most robust, commercial, and military-grade power supplies
- In February 2023, Vishay Intertechnology, Inc. introduced a new series of low impedance Automotive Grade miniature aluminum electrolytic capacitors and ceramic capacitor that delivers higher performance in smaller case sizes than previous-generation solutions. The Vishay BCcomponents 172 RLX series combines high ripple currents up to 4.9 A, high-temperature operation to +105 °C, and a very long useful life of 10 000 h in 14 case sizes ranging from 10 mm by 12 mm to 18 mm by 40 mm.
- In October 2022, Vishay Intertechnology, Inc. introduced a new series of surface-mount multilayer ceramic chip capacitors (MLCC) optimized for DC-blocking applications. The industry's first such devices characterized for common frequency bands ranging from 3 MHz to 18 GHz, the Vishay Vitramon DC Blocking Capacitors make it easy for designers to choose the right component for their application.
- In April 2022, Cornell Dubilier Electronics, Inc. extended its signature series of 380LX and 381LX aluminum electrolytic capacitors to include voltages up to 600 Vdc. The 380LX and 381LX snap-in series are among the industry's top performers with a published load life of 3,000 hrs. when tested at rated voltage and ripple current at rated temperature. The 380LX series is designed for 85 °C operation, while the 381LX series meets the same load life at 105 °C.
- In January 2021, Cornell Dubilier Electronics expanded its line of high-performance flat electrolytic capacitors with the NHR Series. Able to withstand operating temperatures from –55°C to 150°C, NHR capacitors are constructed with rectangular stainless-steel cases and laser-welded covers that prevent dry-out. These capacitors have a 3,000-hour life at full-rated conditions and withstand up to 80g vibration to meet the most demanding military, aerospace, industrial and down-hole applications.
- In February 2021, Vishay Intertechnology, Inc. introduced a new series of surface-mount AC line-rated ceramic disc safety capacitors that are the industry's first such devices to offer a Y1 rating of 500 VAC and 1500 VDC. Designed to withstand harsh, high humidity environments, the Vishay Components SMDY1 series devices offer industry-high capacitance to 4.7 nF. The capacitors are used for EMI / RFI filtering in power supplies, solar inverters, smart meters, and LED drivers
- In December 2020, Cornell Dubilier Electronics, Inc. launched a new Flat Aluminium Electrolytic Capacitors. The NHR Series is designed to operate at operating temperatures of–55 °C to 150 °C. These capacitors come with 3,000-hour life and can withstand up to 80g vibration. These series are ideal for military, aerospace, industrial, and down-hole applications.
- In December 2020, Cornell Dubilier Electronics, Inc. acquired the capacitor-producing assets of NWL, Inc. Now possessing greater capabilities in custom high-voltage film capacitors for pulsed power and power conversion applications, the company is poised to expand its solutions for industrial, military, and medical customers. NWL has long been an industry leader in the design and manufacture of high-voltage ac and dc film capacitors for applications where we see opportunities for growth.
- In March 2020, Cornell Dubilier Electronics Inc. introduced the PPC series of ultra-thin polymer aluminum electrolytic capacitors for applications requiring high ripple current and the thinnest possible profiles. The form factor of the new capacitors is 1 millimeter thin and makes it possible for capacitors to be formed into custom shapes and sizes to accommodate available space.
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the water cooled capacitors market analysis from 2021 to 2031 to identify the prevailing water cooled capacitors market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the water cooled capacitors market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global water cooled capacitors market trends, key players, market segments, application areas, and market growth strategies.
Water Cooled Capacitors Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 1.5 billion |
Growth Rate | CAGR of 7.1% |
Forecast period | 2021 - 2031 |
Report Pages | 453 |
By Capacitor Type |
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By Frequency Rating |
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By Voltage Rating |
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By Application |
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By End User |
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By Region |
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Key Market Players | Clariant Power System Ltd., Celem Power Capacitors, MAGNEWIN ENERGY PVT.LTD., SAILING TECH, ZEZ SILKO Ltd., Cornell Dubilier Electronics, MARXELEC ENERGY PVT.LTD., High Energy Corp., Vishay Intertechnology Inc., ge grid solutions |
Analyst Review
The water-cooled capacitors market exhibited development potential across different sectors including aerospace, healthcare and automotive industry. Furthermore, technological advancements, such as the development of new materials and manufacturing processes, are driving the demand for more efficient water-cooled capacitors technology.?
The water-cooled capacitors market is highly competitive, owing to the strong presence of existing vendors. Water cooled capacitors market vendors are investing substantially in R&D and skilled workforce and are anticipated to gain a competitive edge over their rivals. The competitive environment in the market is expected to further intensify with an increase in technological innovations, product extensions, and different strategies adopted by key vendors.?
The market for water-cooled capacitors has been growing rapidly in recent years, driven by advances in technology. The growing demand for renewable energy systems like solar and wind power is driving the need for water-cooled capacitors to help manage the flow of electricity and ensure stability in the grid.?
The key players profiled in the report include water-cooled capacitors market players, such Magnewin Energy PVT.LTD., ZEZ SILKO Ltd., Clariant Power System Ltd., Marxelec Energy PVT.LTD., Vishay Intertechnology, Inc., High Energy Corp. , GE Grid Solutions, Celem Power Capacitors, SAILING TECH and Cornell Dubilier Electronics.
The water-cooled capacitor market is the increasing demand for these capacitors in renewable energy applications.
Heating And Melting is the leading application of Water Cooled Capacitors Market.
Asia-Pacific is the largest regional market for Water Cooled Capacitors.
The global water cooled capacitors market was valued at $734.4 million in 2021
Magnewin Energy PVT.LTD., ZEZ SILKO Ltd., Clariant Power System Ltd., Marxelec Energy PVT.LTD., Vishay Intertechnology, Inc., High Energy Corp. , GE Grid Solutions, Celem Power Capacitors, SAILING TECH and Cornell Dubilier Electronics are the top companies to hold the market share in Water Cooled Capacitors.
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