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The capacitor market is a semi-consolidated market. The market is competitive with the presence of various large-scale manufacturers in the market across the globe. The capacitor market has long-standing established players who have made significant investments.
The Capacitor Market size is estimated at USD 25.21 billion in 2024, and is expected to reach USD 33.57 billion by 2029, growing at a CAGR of 5.90% during the forecast period (2024-2029).
Some of the key players from the capacitor market such as KYOCERA Corporation provides ceramic capacitor that has a wide voltage range and low series resistance (ESR). These specifications are well-suited for automotive applications. Thus, rise in sales of electric vehicles is likely to have a positive impact on the market.
The capacitor market is poised for significant growth, driven by advancements in technology and increasing demand across various sectors. The miniaturization of PCBs and advancements in semiconductor and circuit architectures have spurred the demand for capacitors, particularly in applications like smartphones and communication base stations.
China is a prominent market in Asia Pacific for capacitor due to the availability of raw materials and strong presence of small-scale capacitor manufacturing companies in the country. Furthermore, increase in usage of capacitor for the automotive and power and utility sectors drives capacitor market growth.
Supercapacitors have stable performance, fast charging and discharging speed, environmental protection and safety, and are suitable for electronics applications. Therefore, growing demand for capacitors from the consumer electronics sector is expected fuel the capacitor industry. Request a custom report on Capacitor Market
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