What are the key players in the capacitor market?

Some of the key players from the capacitor market such as KYOCERA Corporation provides ceramic capacitor that has a wide voltage range and low series resistance (ESR). These specifications are well-suited for automotive applications. Thus, rise in sales of electric vehicles is likely to have a positive impact on the market.

What is the growth rate of the capacitor market?

The global capacitor market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for capacitors in various applications, such as industrial, automotive electronics, consumer electronics, energy and others.

Why is China a major market for capacitors in Asia Pacific?

China is a prominent market in Asia Pacific for capacitor due to the availability of raw materials and strong presence of small-scale capacitor manufacturing companies in the country. Furthermore, increase in usage of capacitor for the automotive and power and utility sectors drives capacitor market growth.

How big is the electric capacitor market?

The 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, driven by the positive outlook toward electronic components, predominantly due to investments in consumer electronics, automotive, and other manufacturing facilities.

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.

Which region will be the largest market for capacitors in 2017?

Asia Pacific is expected to be the largest market for capacitors with a revenue share of over 35% in 2017. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization.