Electric Capacitor Market Size, Outlook, Share, Prominent Players, Growth, and Forecast 2031

The global electric capacitor market revenue was around US$ 17.9 billion in 2021 and is estimated to reach US$ 31.9 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.4% during the forecast period from 2022 to 2031.

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An electric capacitor, like a rechargeable battery, may produce a static voltage between its plates while storing energy in the form of electrical charge. It has successfully replaced conventional batteries because of its straightforward charging and discharging capabilities and lightweight. Capacitors have become an essential component in the design of practically every electronic device with the development of technology.

Factors Influencing Market Growth

Increased smart component demand from developing economies as well as increasing functionality, convergence, and complexity of electronic devices. Such factors drive market growth.

Due to rising disposable income consumer interest in smart products such as wearable technology and smart TVs and ongoing product innovation. Thus, these factors create a positive impact on the market.

Lack of energy storage may slow down the overall market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a negative impact on the electric capacitor market. Due to lockdowns enacted by the government, several manufacturing plants, including those that produced capacitors and other electronic components had to close. The market impact was further impacted by the lack of skilled labor and the scarcity of raw resources brought on by the stringent restrictions on the import and export of products. Many government-funded transmission and distribution projects were also closed, which also had an impact on the market's expansion.

Regional Insights

Asia-Pacific dominated the electric capacitor market. Due to rising consumer and wearable electronics demand as well as rising industrial and electronic equipment demand for polymer-based capacitors. The rising use of automation in various industries is also expected to enhance demand for electric capacitors. The market is expanding quickly due to increased Internet of Things (IoT) usage.

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In the future, IoT may run on superconductors. Additionally, due to its lightweight design and straightforward charging and discharging capabilities, it has successfully replaced conventional batteries. Capacitors have become an essential part of almost every electronic device with the development of technology. The activities described above will likely play a significant role in the market's expansion in this region during the projection period.

Leading Competitors
The leading competitors in the global electric capacitor market are:
Siemens AG
ABB Ltd
Schneider Electric
Kemet Corporation
Suzhou Maxwell Technologies Co Ltd
AVX Corporation
Cornell Dubilier
Murata Manufacturing Co Ltd
WIMA GmbH
TDK-EPC Corporation
Samsung Electronics Co Ltd
Panasonic Corp
Others
Segmentation Analysis
The global electric capacitor market segmentation focuses on Type, Capacity, Application and Region.
Segmentation based on Type
Plastic Film
Ceramic
Aluminum Electrolytic
Others
Segmentation based on Capacity
Low Voltage
High Voltage
o Voltage Range
? 500-1000V
? 1001-7000V
? 7001-14000V
? Above 14000V

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Segmentation based on Application
Power Generation
Transmission
Distribution
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific

Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA

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South America
Brazil
Argentina
Rest of South America

Table of Content

Chapter 1: Global Electric Capacitor Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Electric Capacitor market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Electric Capacitor Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Electric Capacitor market Size Forecast (2023-2031).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Electric Capacitor market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Electric Capacitor market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Electric Capacitor market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Electric Capacitor business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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This release was published on openPR.