According to the recent study the Capacitor Market is projected to reach an estimated $68 billion by 2028 from $26 billion in 2022, at a CAGR of 18.7% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for consumer electronics products, growing demand for premium smartphones, and increasing production of electric vehicles.
Browse 157 figures/charts
and 132 tables in this 190-page report to understand trends, opportunities and
forecast in capacitor market by end use industry (telecom, computers, consumer
electronics, automotive, industrial, and others), voltage (low voltage and high
voltage) capacitor type (ceramics, aluminum, tantalum, papers and plastics, and
supercapacitors), and region (North America, Europe, Asia Pacific, and the Rest
of the World).
“Ceramic capacitors market is expected to remain the largest
segment during the forecast period.”
Based on capacitor type,
the capacitor market is segmented into ceramics, aluminum, tantalum, papers and
plastics, and supercapacitors. Lucintel forecasts that the Ceramic capacitors
market is expected to remain the largest segment due to increasing usage for
multilayer ceramic capacitors (MLCC) in smartphones and electric vehicles.
“Within the capacitor market, the telecom segment is expected to
remain the largest end use industry.”
Based on end use
industry the telecom segment is expected to witness the highest growth over the
forecast period due to the increasing demand for capacitors in tablets and
smartphones.
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Capacitor Market.
“Asia pacific will dominate the capacitor market in near future.”
Asia Pacific will remain
the largest market by value and volume, and it is also expected to witness the
highest growth over the forecast period due to the increasing electronic content
in automotive and growth in consumer electronic devices & telecommunication
products. Increasing usage of electric vehicles due to growing environmental
concerns and regulations is also expected to drive the demand for capacitors in
this region.
Major players of
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. Murata Manufacturing
Co., Ltd., Maxwell Technologies, Inc., Samsung Electro-Mechanics, Nippon
Chemi-Con Corporation, TDK Corporation, AVX Corporation, Kyocera Corporation,
CAP XX Limited, Taiyo Yuden Co., Ltd., Panasonic, Yageo Corporation, KEMET
Corporation, Vishay Intertechnology, Darfon Electronics, Johanson are among the
major 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 write us at 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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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