Capacitor Market (By Type: Ceramic Capacitor, Film/Paper Capacitor, Aluminum Capacitor, Tantalum/ Niobium Capacitor, Double-Layer/Super Capacitor, Other; By Application: Industrial, Automotive Electronic, Consumer Electronic, Energy, Other) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global capacitor market size was exhibited at USD 34.65 billion in 2022 and is projected to hit around USD 61.83 billion by 2032, growing at a CAGR of 5.96% during the forecast period 2023 to 2032.

Key Pointers:

• By geography, the North American region will continue to dominate the global market.
• By type, the ceramic capacitors segment are anticipated to hold the most significant market share in 2022. 
• By application, the consumer electronics market is increasing swiftly.

Capacitor Market Report Scope

Major factors which drive the market growth include increasing adoption and growing use of digital entertainment, computers, consumer electronics, telecommunications and parking systems, and the driving assistant. The Global Capacitor Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

The capacitors are passive electronic devices that store electrical energy by separating charges in an electric field. Capacitors are used in most electrical circuits because of their large size and large capacitance, and they help reduce voltage. Capacitors are essential components of power systems and components. Widely used in the automotive sector, internal combustion engine, consumer electronics, quality control manufacturing sector, etc.

Capacitors are essential parts of electronic devices such as personal computers, smartphones, home appliances, and game consoles. They form the backbone of computers, consumer electronics, telecommunications, and many other industries. Connectivity devices include connectors, jacks, circuit boards, relays, and switches. The increasing acceptance and use of digital entertainment are widespread around the world. It also covers consumer products such as digital cameras, portable music players, and game consoles, which are the electronics industry’s development.

The recent development of personal computers, including desktops and laptops, has significantly accelerated the growth of the global electronics industry. The automotive industry is increasingly adopting electronic devices such as enhanced global positioning systems (GPS), car entertainment, parking systems, and driver assistance, which are driving the growth of this industry globally.

The Capacitor Market is experiencing tremendous growth owing to its feature of providing a high capacitive value with low size and cost-effectivity. In addition, the increasing demand for capacitors in automotive, consumer electronics, and other sectors propels the market’s growth. Moreover, the growing need for outdated power infrastructure is another factor imposing a positive outlook on market growth. However, the issues related to its low energy capacity and a shortage of standardization are expected to restrict the development of the market. Continuous novel innovations and the introduction of new ad advanced technology in the electronics field predominantly propel the Capacitor Market’s growth.

Moreover, significant consumer electronics growth, including digital cameras, laptops, and music players, is fueling the market growth of the Capacitor Market. In addition, the advancement and incorporation of infotainment and navigation features such as the Global Positioning System (GPS) are driving the market growth. Also, rapidly increasing 5G network infrastructure coupled with high-speed internet boosts the market growth. The growing demand for combined modules such as system-on-a-chip and multichip will significantly push its global market. They are an integral part of the electronics industry so automation will bring good support to its global market.

Low prices, great availability, and short delivery times offer lots of profit to the manufacturers and positively impact the overall market revenue. Miniaturization, enhancement of functionality, and increased productivity are the primary drivers of its market in the aerospace and defense industries. In medical care, there has been a significant increase in the number of electronic devices in clinics and hospitals for the early detection of health problems and effective treatment and management. With the introduction of sophisticated electronic components, there has been a rapid expansion in the range of end-user markets.

However, the increasing complexity of passive and interconnecting electronic components, the drop in global commodity prices, and the recent outbreak of COVID-19 have negatively impacted the Capacitor Market. Nevertheless, rising demand for networking and storage devices in the data center, security cameras, robotics in industrial applications, and sensor-based devices are expected to provide enormous opportunities for the Capacitor Market for the forecasted period.

Some of the prominent players in the Capacitor Market include:

• Samsung Electro-Mechanics
• Panasonic Corporation
• Shenzhen Sunlord Electronics Co., Ltd.
• TDK Corporation
• Abracon LLC
• API Technologies Company
• Eaton Corporation PLC
• Hitachi AIC, Inc.
• Nichicon Corporation
• KEMET Electronics Corporation
• Kyocera Corporation
• VINATech Co., Ltd.
• Vishay Intertechnology, Inc.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Capacitor market.

By Type 

• Ceramic Capacitor 
• Film/Paper Capacitor 
• Aluminum Capacitor 
• Tantalum/ Niobium Capacitor 
• Double-Layer/Super Capacitor 
• Other 

By Application 

• Industrial 
• Automotive Electronic 
• Consumer Electronic 
• Energy 
• Other 

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)