Market Insights
Electric capacitor is a passive component with two terminals insulated from each other and it stores electrical energy in an electric field. The growth of the market is driven by increasing functionality, convergence, and complexity of electronic devices, as well as increasing demand for smart components from the emerging markets. Furthermore, ongoing technological advancements in the consumer electronics industry, especially in the smartphone segment, have prompted industry players to opt for high-speed energy-offering products. In addition, increasing deployment across applications requiring a combination of high capacitance and voltage across the automobile & power T&D industries is likely to complement the business outlook over the forecast period. Overall, the electric capacitor market is estimated to grow at a decent CAGR of 4.5% during the forecast period.
Segment Analysis
Material Type:
The market is segmented as film capacitors, ceramic capacitors, electrolytic capacitors, and others.
- Film capacitors are expected to register constant growth in the market during the forecast period on account of their increasing use in automotive electronic units due to their high voltage handling capability.
- Electrolytic capacitors, on the other hand, are estimated to witness significant growth in the market, as a result of ongoing advancements in the electric mobility sector, fuelling the overall industry growth over the forecast period.
Polarization Type:
The market is segmented as polarized and non-polarized. Polarized electric capacitor is likely to register substantial growth in the market during the forecast period, owing to features such as high capacitance and the ability to handle heavy charge and discharge cycles, as well as quick delivery and charge storage. Non-polarized electric capacitor is estimated to witness significant growth in the market on account of its higher stability, lower current leakage, and lower losses at high frequencies.
Voltage Type:
The market is bifurcated into high, medium, and low. The low voltage segment is expected to witness high growth in the market over the forecast period.
- Increasing demand for consumer electronics, driven by rapid urbanization, coupled with gradually declining prices, is expected to drive the low voltage market. Furthermore, ongoing economic growth has resulted in an increase in global disposable income; the consequent increase in consumer income has escalated the demand for automobiles and consumer electronics, which, in turn, drives the overall industry growth.
- High voltage is estimated to register significant growth in the market over the forecast period, owing to increasing focus on minimizing the power system losses and ensuring efficient & continuous power supply.
End-Use Type:
The market is segmented as consumer electronics, automotive, communication & technology, transmission & distribution, and others.
- Consumer electronics is likely to register high growth rate and account for the major share of the market during the forecast period owing to rising demand for smartphones, laptops, digital camcorders, along with their short replacement cycles.
- Furthermore, the introduction of new technologies, such as 4K and OLED televisions, with diversifying electronic content and functionality, necessitates the need for increased energy density, capacitance, and bandwidth, thereby boosting the product adoption.
Regional Analysis of Electric Capacitor Market:
- Asia-Pacific is expected to lead the market during the forecast period. The growth of the region’s market is owing to robust manufacturing of consumer electronic products and rising consumer spending on electronic appliances in the region.
- Europe is expected to experience significant market growth over the forecast period as a result of a shift in focus toward energy-efficient technologies and government initiatives aimed at reducing emissions.
Key Players
The following are some of the key players in the electric capacitor market:
- ABB Limited
- AVX Corporation
- Cornell Dubilier Electronics, Inc.
- Eaton Corporation Plc
- Elna Co. Ltd.
- Hubbell Power Systems Inc.
- Samsung Electro-Mechanics
- Schneider Electric SE
- Siemens AG
- TDK Corporation.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s electric capacitor market realities and future market possibilities for the forecast period of 2022 to 2027. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The electric capacitor market is segmented into the following categories:
Electric Capacitor Market, by Material Type
- Film Capacitors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Ceramic Capacitors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Electrolytic Capacitors (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Electric Capacitor Market, by Polarization Type
- Polarized (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Non-Polarized (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Electric Capacitor Market, by Voltage Type
- Low (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Medium (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- High (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Electric Capacitor Market, by End-Use Type
- Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Communication & Technology (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Transmission & Distribution (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Electric Capacitor Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com
