Aluminum Electrolytic Capacitor Market - Forecasts from 2018 to 2023
The aluminum electrolytic capacitor market is projected to grow at a CAGR of 2.05% to reach US$6.894 billion by 2023, from US$6.105 billion in 2017. Aluminium electrolytic capacitor is one of the most widely used capacitors across industry verticals including communication and technology, energy and power, automotive, and consumer electronics among many others. Rising automotive production coupled with the growing adoption of various consumer electronic devices including smartphone, televisions, and tablets among other will boost the demand for these capacitors. Geographically, Asia Pacific is one of the most attractive markets owing to booming automotive production, rising disposable, improvement in the standard or living and growing demand for internet connectivity. The Asia Pacific aluminum electrolytic capacitor market will grow at an impressive CAGR over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the aluminum electrolytic capacitor value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the aluminum electrolytic capacitor market.
Major industry players profiled as part of the report are Murata Manufacturing Co., Ltd., Cornell Dubilier, Kemet, Vishay Intertechnology, TDK Corporation, Wurth Elektronik GmbH & Co., KG, and Panasonic Corporation among others.
The aluminum electrolytic capacitor market has been analyzed through the following segments:
By Industry Vertical
Communication and Technology
Energy and Power
Middle East and Africa
Murata Manufacturing Co., Ltd.
Wurth Elektronik GmbH & Co., KG
Illinois Capacitor, Inc.