Lucintel Forecasts Aluminum Capacitor Market to Reach $4.8 Billion by 2028

According to the recent study the aluminum capacitor market is projected to reach an estimated $4.8 billion by 2028 from $3.7 billion in 2023, at a CAGR of 5.2% from 2023 to 2028. Growth in this market is primarily driven by growing use of these capacitors among various end use industries such as automotive and consumer electronics, increasing trend of miniaturization of electronic devices, and rising need for capacitors that provide significantly higher capacitance levels for a given volume.

A more than 150–page report is developed to understand trends, opportunities and forecast in aluminum capacitor market by voltage (low voltage and high voltage), end use industry (telecom, computers, consumer electronics, automotive, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link 

https://www.lucintel.com/aluminum-capacitor-market.aspx

“High voltage market is expected to remain the largest segment during the forecast period.”

Based on voltage, the aluminum capacitor market is segmented into low voltage and high voltage. Lucintel forecasts that the high voltage market is expected to remain the largest segment due to the expanding use of these capacitors for filtering equipment to smooth out signals and reduce ripple voltage.

“Within the aluminum capacitor market, the automotive segment is expected to remain the largest end use industry.”

Based on end use industry the automotive segment is expected to witness the highest growth over the forecast period due to the increasing demand from electric vehicles for high voltage capacitors with high efficiency.

“Asia pacific will dominate the aluminum capacitor market in near future.”

APAC is expected to witness higher growth over the forecast period due to the expanding demand for electronics among various end use industries and presence of key manufacturers in China.

Download Brochure of this report by clicking on https://www.lucintel.com/aluminum-capacitor-market.aspx.

Major players of aluminum capacitor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Jianghai, Nippon chemi-con, Panasonic, Sam Young, and HEC are among the major aluminum capacitor providers.

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 click on this link https://www.lucintel.com/aluminum-capacitor-market.aspx or helpdesk@lucintel.com.

About Lucintel

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. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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