According to a market report by Lucintel, the future of the electric capacitor market looks promising with opportunities in the consumer electronic, automotive, communication & technology, and transmission & distribution industries. The global electric capacitor market is expected to reach an estimated $16.2 billion by 2028 with a CAGR of 6.7% from 2023 to 2028. The major drivers for this market are growing use of these capacitors in developing electronic gadgets with advanced technology, increasing need for innovative energy saving and storing techniques, and emergence of the electrified automotive sector.
In this market, film capacitors, ceramic capacitors, and electrolytic capacitors are the major material type segments. Lucintel forecasts that film capacitors will remain the largest material type segment over the forecast period due to increasing need for these capacitors that can perform at higher temperature and vibrational requirement in the vehicles.
Within this market, consumer electronics is expected to remain the largest end use industry segment due to the escalating demand for modern electronics, such as laptops, computers, and smartphones, with short replacement cycles.
APAC will remain the largest region due to the increasing production rate of electronic products along with rising demand for electronic products among developing residential and commercial projects in the region.
ABB, AVX, Cornell Dubilier Electronics, Eaton, and Elna are the major suppliers in the global electric capacitor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global electric capacitor market by material type, polarization type, voltage type, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Electric Capacitor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global electric capacitor market by material type, polarization type, voltage type, end use industry, and region, as follows:
Electric Capacitor Market by Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Film Capacitors
Ceramic Capacitors
Electrolytic Capacitors
Others
Electric Capacitor Market by Polarization Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Electric Capacitor Market by Voltage Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Electric Capacitor Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Consumer Electronics
Automotive
Communication & Technology
Transmission & Distribution
Others
Electric Capacitor Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page 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 email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global electric capacitor market by material type (film capacitors, ceramic capacitors, electrolytic capacitors, and others), polarization type (polarized and non-polarized), voltage type (high, medium, and low), end use industry (consumer electronics, automotive, communication & technology, transmission & distribution, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?