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Electrolytic Capacitor Market Future Demand, Sales, Segmentation, Research Report And Forecast To 2032
Electrolytic Capacitor Market Analysis
The Business Research Company's Electrolytic Capacitor Global Market Report 2023 identifies rising demand for capacitors as the major driver for the electrolytic capacitor market's growth in the forecast period. Capacitors refer to electronic components that have 2 terminals and the ability to store energy in the form of an electric charge. Electrolytic capacitors are used in DC power supply circuits due to their large capacitance, and this will help to reduce voltage and voltage fluctuations.
The global electrolytic capacitor market size grew from $6.86 billion in 2022 to $7.28 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global electrolytic capacitor is expected to grow to $9.06 billion in 2027 at a CAGR of 5.6%.
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Major competitors in the electrolytic capacitor market are Nippon Chemi-Con Corporation, Nichicon Corporation, Nantong Jianghai Capacitor Co., Ltd., Rubycon Corporation, SamYoung Electronic Co., Ltd.,
A key trend in the electrolytic capacitor market includes technological advancement. Major companies operating in the electrolytic capacitor market are focused on developing new technological solutions to strengthen their position. For instance, in November 2020, Exxelia, a France-based company that manufactures different types of capacitors including tantalum capacitors, ceramic capacitors, film capacitors, RF capacitors, and aluminium electrolytic capacitors, launched its innovative aluminium electrolytic capacitor series, named the "Felsic HC" product series. By providing the highest energy density, this capacitor can save up to 30% of space and weight.
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The electrolytic capacitor market is segmented -
1) By Type: Aluminum Electrolytic Capacitors, Tantalum Electrolytic Capacitors, Niobium Electrolytic Capacitors
2) By End-Use Industry: Consumer Electronics, Industrial Electronics and Lighting, Computer and Telecommunications, Energy, Automotive, Aerospace and Defense
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the electrolytic capacitor market.
The Business Research Company's "Global Electrolytic Capacitor Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Electrolytic Capacitor Market Include:
1. Executive Summary
2. Electrolytic Capacitor Market Characteristics
3. Electrolytic Capacitor Market Trends And Strategies
4. Electrolytic Capacitor Market - Macro Economic Scenario
5. Electrolytic Capacitor Market Size And Growth
……..
26. Africa Electrolytic Capacitor Market
27. Electrolytic Capacitor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electrolytic Capacitor Market
29. Electrolytic Capacitor Market Future Outlook and Potential Analysis
30. Appendix
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