HVDC Capacitor Industry worth $17.9 billion by 2031

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2024-07-30 11:21:58 -

HVDC capacitor market is projected to grow from USD 6.4 billion in 2023 to USD 17.9 billion by 2031; it is expected to grow at a CAGR of 13.8% from 2023 to 2031. Key Trends and Drivers One of the primary drivers of the HVDC capacitor market is the expansion of HVDC transmission systems. These systems are preferred for their efficiency in long-distance power transmission, reducing transmission...

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