Capacitor industry prospects

How big is the electric capacitor market?

The electric capacitor market is estimated to grow at a CAGR of 4.13% during the forecast period to reach US$28.146 billion by 2027, from US$21.203 billion in 2020. The electric capacitor, like a rechargeable battery, has the ability to store energy in the form of electrical charge while producing a static voltage across its plates.

What is the future of the capacitor market?

Publisher: Lucintel Publication date: Get it in 2 weeks by ordering today. The future of the capacitor market looks promising with opportunities in the computer, telecom, consumer electronics, automotive, and industrial sectors. The global capacitor market is forecast to reach $31.2 billion by 2027 with a CAGR of 5.9% from 2021 to 2027.

How competitive is the capacitor market?

The market is competitive with the presence of various large-scale manufacturers in the market across the globe. The capacitor market has long-standing established players who have made significant investments. These companies leverage strategic collaborative initiatives to increase their market share and profitability.

Why is the capacitor market growing?

The capacitor market has grown in response to rising demand for consumer and wearable electronics, as well as the increasing usage of polymer-based capacitors in industrial applications. The electric capacitor market is segmented by type, polarization, voltage, industry vertical, and geography.

How big is the electric capacitor market in 2023?

Electric Capacitor Market size was valued at USD 20.6 billion in 2023 and is set to grow at 7.1% CAGR from 2024 to 2032. The electric capacitor industry in recent years has undergone various improvements and strengthened its roots across a spectrum of electronic & electrical applications.

How is the electric capacitor market segmented?

The electric capacitor market is segmented by type, polarization, voltage, industry vertical, and geography. Market growth will be fueled by technological developments in the consumer electronics industry, as well as increased deployment across applications necessitating a mix of high capacitance and voltage in the automotive and power industries.