The Global Electric Capacitor Market is projected to grow at CAGR of 4.69% during the forecast period

The report published by Knowledge Sourcing Intelligence titled “Global Electric Capacitor Market - Forecast From 2018 to 2023” studies the various factors affecting the demand for various types of capacitors worldwide. The report has been segmented by Type (Aluminum, Ceramic, Tantalum, Paper and Film, Supercapacitors, Others), Polarization (Polarized, Non-Polarized), Voltage (High Voltage, Low Voltage), Mounting Type (Large Cans, Small Cans, Through-Hole, Surface Mount) and End-User Industry (Consumer Electronics, Automotive, Communication & Technology, Energy & Power, Industrial Electronics, Others).

In addition, the demand for an electric capacitor has been estimated based on the geography, covering five regions namely North America, South America, Europe, Middle East and Africa and the Asia Pacific, and some of the major economies in each of these regions. The demand for electric capacitors would primarily be driven by rising adoption of consumer and wearable electronic products, increasing adoption of electronic components and favorable government policies. Rising disposable income coupled with impressive economic growth and improvement in the standard of living is a major factor in promoting the demand for consumer electronics and wearables, especially in the developing economies. Moreover, the commercialization of 5G technology in the coming years will pose an interesting opportunity for capacitor manufacturers around the world.

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By type, the ceramic capacitor is projected to dominate the market share in the global electric capacitor market in 2018.

It is estimated that the demand for ceramic capacitors will be stronger as compared to other electric capacitors in 2018 and will grow at a modest rate. The demand for ceramic capacitors will be directly affected by increasing demand for multi-layer ceramic capacitors (MLCC) and its application in industrial automation and the automotive industry. MLCC is the preferred choice over tantalum and electric capacitors due to its non-polarity, cost-effectiveness, and improvement in the efficacy of ceramic in circuits. The sudden rise in the adoption of MLCC across industry verticals, especially automotive and consumer electronics, are the major factors responsible for this shortage. MLCC manufacturers are currently increasing their capital expenditure so as to improve the production capacity in order to fulfill the global MLCC shortage.

The Asia Pacific region is estimated to hold the lion’s share in the global electric capacitor market throughout the forecast period.

The demand for electric capacitors was comparatively very high in the Asia Pacific region owing to the rising manufacturing output in various countries such as China, India, Japan, and South Korea among others. Furthermore, an increase in automotive production due to the availability of labor at an economical price and favorable government policies is adding to the demand for electric capacitors. Developing countries are witnessing a favoring a more consumerist economy, which will have a positive effect on the demand for electric capacitors in this region.

This report also includes a study of strategies and product portfolios of some of the leading companies in the global electric capacitor market. It consists of company profiles of the leading companies such as Kemet, Yageo Corporation, Kyocera Corporation, TDK Corporation, Panasonic Corporation, Rubycon Corporation, Nichicon Corporation, Nippon Chemi-Con Corporation, Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, Vishay Intertechnology, Inc., General Electric Company, ABB and Shizuki Electric Co., Ltd.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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