Global Electric Capacitor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Aluminum, Ceramic, Tantalum, Paper And Film, Supercapacitor, Others), By Polarization (Polarized, Non-Polarized), By Voltage (High Voltage, Low Voltage), By Industry Vertical (Consumer Electronics, Automotive, Communication & Technology, Energy & Power, Others), And By Geography - Forecasts From 2022 To 2027

Published:  May 2022 Report Code: KSI061611443 Pages: 107

The electric capacitor market is estimated to grow at a CAGR of 4.13% during the forecast period to reach US$28.146 billion by 2027, from US$21.203 billion in 2020.

The electric capacitor, like a rechargeable battery, has the ability to store energy in the form of electrical charge while producing a static voltage across its plates. Because of its simple charging, discharging characteristics, and lightweight traits, it has effectively supplanted traditional batteries. Capacitors have become a crucial component in constructing almost every electronic gadget as technology has advanced. The capacitor market has grown in response to rising demand for consumer and wearable electronics, as well as the increasing usage of polymer-based capacitors in industrial applications. The electric capacitor market is segmented by type, polarization, voltage, industry vertical, and geography.

Market growth will be fueled by technological developments in the consumer electronics industry, as well as increased deployment across applications necessitating a mix of high capacitance and voltage in the automotive and power industries.

The surge in demand for electric capacitors is primarily due to the increasing adoption of smartphones and laptops. Smartphone shipments are expected to reach 1.38 billion units in 2021, up 7.7% from 2020, according to the IDC Worldwide Quarterly Mobile Phone Tracker. This trend is predicted to continue into 2022, when exports will total 1.43 billion, up 3.8 percent year over year. In addition, consumer electronics and appliance sales climbed by 23.5 percent in the third quarter of FY21 compared to the same period in the previous fiscal year, according to the Retailers Association of India (RAI). According to IDC, 2.9 million PCs were shipped in the fourth quarter of FY20, with laptops accounting for more than three-quarters of overall shipments, up 62.1 percent year over year. Aluminium electric capacitors are employed in electric vehicles because of the high power supply. As a result, the electric capacitor market is likely to expand as the use of electric vehicles grows. According to the International Energy Agency, global sales of electric vehicles increased to 2.1 million in 2019, up from the record year of 2018. In addition, year over year, the number of electric vehicles sold climbed by 40%. Moreover, in 2020, government spending on electric vehicle incentives climbed by 25% year over year, with governments around the world spending a total of US$14 billion on tax concessions and direct purchase incentives for electric vehicles.

Increasing research and development investments, as well as strategic collaborations and acquisitions, will boost market expansion throughout the forecast period. For instance, PolyCharge America, a capacitor technology business, announced in August 2019 that it had secured a strategic investment from SFM Holdings, a Mursix Corporation investment arm, to commercialize NanoLamTM capacitor products and expedite the transition to sustainable mobility. Similarly, The B43548 series of EPCOS aluminium electrolytic capacitors with snap-on terminals was introduced by TDK Corporation in February 2021. The capacitors' maximum ripple current capability is 9.80 A. As a result, the products are excellent for power electronics applications that require great performance.

However, limited energy storage may cause market growth to halt due to electric capacitors' poor energy capacity. If electric capacitors are not mounted correctly, they will not attain the suitable capacitance and may cause internal gas pressure, resulting in an explosion; due to these limitations, market expansion may be hampered.

By region, North America and the Asia Pacific are expected to hold a significant share in the electric capacitor market during the forecast period.

The Asia Pacific region is likely to hold a considerable market share and experience substantial growth due to the presence of large-scale electronic device manufacturers in the region, such as China, Hong Kong, and South Korea, among others. Additionally, growing industrial production in the Asia Pacific region to fulfil domestic demand for higher-quality products and expanding exports from the region are driving up the demand for electric capacitors in the region. Moreover, surging consumer interest in smart devices such as smart TVs and wearable devices, expanding disposable income, continued product innovation, and the presence of key market players in this region contribute to the global electronics market's growth, thus the electric capacitors market's expansion.

North America is predicted to have a significant market increase due to rising investments in power and energy. In addition, according to the Edison Electric Institute, more than 1.18 million electric vehicles were on the road in the United States as of March 2019.  

COVID-19 Insights

COVID-19 had a wide range of consequences in a variety of industries. The consumer electronics sector had a beneficial impact on market demand in 2020 as a result of the spike in smartphone and PC growth during the pandemic. However, due to the closure of industrial facilities because of workforce shortages, work-from-home policies, and lockdown actions, the market in several industries shrank marginally in 2020. Therefore, the growth of the electric capacitor market slowed slightly in 2020.

Global Electric Capacitor Market Scope: 

Report Metric Details
 Market Size Value in 2020  US$21.203 billion
 Market Size Value in 2027  US$28.146 billion
 Growth Rate  CAGR of 4.13% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Polarization, Voltage, Industry Vertical, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered KEMET Corporation, Yageo Corporation, TDK Corporation, Vishay Intertechnology, Inc., Murata Manufacturing Co., Ltd., Nichicon Corporation, Taiyo Yuden Co., Ltd., Nippon Chemi-Con Corporation, Panasonic, Walsin
 Customization Scope  Free report customization with purchase


Key Market Segments

  • By Type

    •  Aluminum

    • Ceramic

    • Tantalum

    • Paper And Film

    • Supercapacitor

    • Others

  • By Polarization

    • Polarized

    • Non-Polarized

  • By Voltage

    • High Voltage

    • Low Voltage

  • By Industry Vertical

    • Consumer Electronics

    • Automotive

    • Communication & Technology

    • Energy & Power

    • Others

  • By Geography

    • North America

      • USA

      • Canada

      • Mexico

    • South America

      • Brazil

      • Argentina

      • Others

    • Europe

      • Germany

      • France

      • United Kingdom

      • Spain

      • Others

    • Middle East and Africa

      • Saudi Arabia

      • Israel

      • Others

    • Asia Pacific

      • China

      • Japan

      • South Korea

      • India

      • Thailand

      • South Korea

      • Taiwan

      • Indonesia

      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the electric capacitor market size by 2027?
A1. The electric capacitor market is estimated to reach a market size of US$28.146 billion in 2027.

Q2. What is the size of the global electric capacitor market?
A2. Electric Capacitor Market was valued at US$21.203 billion in 2020. 

Q3. What are the growth prospects for the electric capacitor market?
A3. The global electric capacitor market is estimated to grow at a CAGR of 4.13% over the forecast period. 

Q4. What factors are anticipated to drive the electric capacitor market growth?
A4. The electric capacitor market has grown in response to rising demand for consumer and wearable electronics, as well as the increasing usage of polymer-based capacitors in industrial applications.

Q5. Which region holds the maximum market share of the electric capacitor market?
A5. North America and the Asia Pacific are expected to hold a significant share of the electric capacitor market during the forecast period.


1.1. Market Definition
1.2. Market Segmentation

2.1. Research Data
2.2. Assumptions

3.1. Research Highlights

4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5.1. Introduction
5.2. Aluminum
5.3. Ceramic
5.4. Tantalum
5.5. Paper And Film
5.6. Supercapacitor
5.7. Others

6.1. Introduction
6.2. Polarized
6.3. Non-Polarized

7.1. Introduction
7.2. High Voltage
7.3. Low Voltage

8.1. Introduction
8.2. Consumer Electronics
8.3. Automotive
8.4. Communication & Technology
8.5. Energy & Power
8.6. Others

9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. Israel
9.5.3. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. Japan
9.6.3. South Korea
9.6.4. India
9.6.5. Thailand 
9.6.6. South Korea
9.6.7. Taiwan 
9.6.8. Indonesia
9.6.9. Others

10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrative
10.3. Mergers, Acquisition, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix

11.1. KEMET Corporation
11.2. Yageo Corporation
11.3. TDK Corporation
11.4. Vishay Intertechnology, Inc.
11.5. Murata Manufacturing Co., Ltd.
11.6. Nichicon Corporation
11.7. Taiyo Yuden Co., Ltd.
11.8. Nippon Chemi-Con Corporation
11.9. Panasonic
11.10. Walsin

KEMET Corporation

Yageo Corporation

TDK Corporation

Vishay Intertechnology, Inc.

Murata Manufacturing Co., Ltd.

Nichicon Corporation

Taiyo Yuden Co., Ltd.

Nippon Chemi-Con Corporation




Explore Custom Options available with this study:

  •  Request customization
  •  Buy sections of the study
  •  Buy country specific report
  •  Request excel, Historical data
  •  Subscription inquiry
  •  Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.


We are in compliance with the global privacy laws.

Connect With Us