The《Specification for Selection of High-Voltage Capacitors for Electric Vehicle Motor Controllers》 (SJ/T 11633-2016) was issued on October 22, 2016, and came into effect on January 1, 2017. Administered by the Institute of Standardization for the Electronics Industry under the Ministry of Industry and Information Technology, the standard was primarily drafted by organizations including BYD Auto Industry Co., Ltd., Chery New Energy Automobile Technology Co., Ltd., and Anhui Jianghuai Automobile Group Corp., Ltd.
According to the 《2025–2030 Global and China High-Voltage Capacitor Industry Market Status Survey and Development Outlook Analysis Report》, the global high-voltage capacitor market is projected to reach a size of RMB 20.898 billion by 2030, with an estimated compound annual growth rate (CAGR) of 7.68%.
The global energy transition-which is driving the expansion of renewable energy generation (such as solar and wind power) and the construction of smart grids-has significantly boosted the demand for high-voltage capacitors. For instance, the construction of a single 1 GW solar power plant requires approximately 5,000 to 8,000 high-voltage capacitors.