Global Electric Capacitor Market Size, Share, Opportunities, 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 2025 To 2030

Electric Capacitor Market Size:

The Electric Capacitor Market is expected to grow from US$29.043 billion in 2025 to US$36.960 billion in 2030, at a CAGR of 4.94%.

Electric Capacitor Market Introduction:

The electric capacitor, like a rechargeable battery, can 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. Increasing demand for consumer and wearable electronics and the rising use of polymer-based capacitors in industrial applications have boosted the growth of the capacitor market. The electric capacitor market is expected to grow at a considerable pace in the upcoming years, owing to the increasing usage of electric capacitors in advanced technology products like hybrid energy systems and hybrid cars, and rising demand for consumer and wearable electronics, as well as the increasing usage of polymer-based capacitors in industrial applications.

The introduction of new technologies such as 4K and OLED televisions, which have a variety of electronic content and functionality, needs improved energy density, capacitance, and bandwidth, promoting acceptance of technology. Further, In August 2022, KYOCERA aimed to enhance its production capacity of multilayer ceramic capacitors (MLCCs) for 5G, ADAS, and EV technology by constructing a new production facility at its Kokubu Plant Campus in Kagoshima, Japan. The top importers of fixed electrical capacitors in 2023, are India with an import value of $593,975.90K, followed by Thailand having $460,485.53K, and Malaysia having $206,518.02K in 2023, according to the WITS.

Electric Capacitor Market Growth Drivers:

• Increase in demand for EVs: The surge in the adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is driving a substantial increase in the demand for capacitors. These vehicles necessitate high-performance capacitors to power electronics systems, store energy, and regulate voltage effectively. Growing in-vehicle electronics, combined with increased demand for electric vehicles, a growing requirement for entertainment devices in vehicles, and the need for improved energy management in electric automotive units, are likely to drive up demand for these capacitors. According to the International Energy Agency, the sales of BEV (battery electric vehicles) have been surging, 4,700,000 in 2021, increased to 7,300,000 in 2022, and reached 9,500,000 in 2023. Furthermore, during the forecast period, the transition toward fully autonomous vehicles is expected to expand development possibilities for automotive electric capacitor distributors and manufacturers. The rising trend of electrification in the automotive sector, along with rising gasoline prices, has led to an increase in electric car sales worldwide.
• Increasing adoption of smartphones: The heightened demand for electric capacitors is predominantly driven by the widespread adoption of smartphones and laptops. In 2022, the United States witnessed a continuous increase in imports of cellular phones, experiencing a growth of $2.8 billion (4.7 percent) to reach $62.6 billion – marking the highest yearly dollar volume since 2007. Government data indicates that India consistently contributes to this surge, with approximately 30 million smartphone purchases every quarter, and this figure continues to escalate multiple times throughout the year. The rising demand for electronic devices, particularly smartphones, directly contributes to the increased demand for electric capacitors.

Electric Capacitor Market Restraint:

• Limited energy storage: 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.

Electric Capacitor Market Segmentation Analysis:

• Polarized capacitor segment is rising rapidly: The electric capacitor market is categorized based on polarization into polarized and non-polarized capacitors. Polarized capacitors find common usage in DC circuits, particularly in applications such as power supplies and filtering. Polarized capacitors are capacitors that have both positive and negative polarities, and these must be connected in perfect polarities. Failing to do so might have a catastrophic effect and could end up in the destruction of the capacitor and the circuit. Some of the major types of polarized capacitors are aluminum capacitors, tantalum capacitors, and supercapacitors. Rising demand for consumer electronics devices and supercapacitors coupled with increasing expenditure on automotive entertainment systems is anticipated to drive the demand for polarized capacitors. Furthermore, another factor that is supporting the growth of the polarized electric capacitors market is the growing demand for supercapacitors across the consumer electronics and automotive industries. Moreover, rising private consumption and per capita disposable income have made India one of the world's biggest marketplaces for electronic goods. As per Invest India report, based on data from FY22, domestic electronics production is divided into the following categories: mobile phones (43%), IT hardware (5%), consumer electronics (12%), strategic electronics (5%), industrial electronics (12%), wearables and hearables (0.3%), PCBA (0.7), auto electronics (8%), LED lighting (3%) and electronic components (11%). The report further states that the total value of domestic electronics production was $101 billion in FY23. In addition to this, as per ACEA, Brazil’s car production in 2023 was 1,781,612, contributing to a major share of South America’s car production. Also, as the 15th largest manufacturing state of vehicles in the world, the state of São Paulo is the birthplace of the automotive industry in Brazil, concentrating more than 41% of plants in the national automotive complex. Comprehensively, rapid growth in the consumer electronics industry of various developed economies is expected to surge the demand for polarized supercapacitors, which in turn is anticipated to drive the overall market growth.
• The rising demand for supercapacitors is expected to propel the market growth: Based on type, the global electric capacitor market is segmented into aluminum, ceramic, tantalum, paper and film, supercapacitors, and others. The increasing shift from fossil fuels to renewable energy is projected to propel the supercapacitor demand. Renewable energy faces a major problem of energy storage solutions which is a prominent factor in boosting the demand for these capacitors. As per the January 2021 article by the Earth.org website, the combined capacity of renewable energy generation will grow rapidly by 30% by the end of 2024. Supercapacitors, having high energy storage capacity are projected to experience a significant demand for renewable energy storage to meet the supply-demand needs. In this regard, SI 2030 aims to create quantitative research, development, and deployment routes to meet the Long-Duration Storage Shot goals which aim to achieve 90% cost savings for solutions that can give 10 hours or more of energy storage during the next decade. Additionally, as per the National Electricity Plan (NEP) 2023 of the Central Electricity Authority (CEA), it is estimated that the energy storage capacity requirement would be about 82.37 GWh in the year 2026-27, which may increase to 411.4 GWh in the year 2031-32 comprising 175.18 GWh from PSP and 236.22 GWh from BESS. Furthermore, CEA has further estimated that as early as 2047, the need for energy storage shall potentially rise to 2380 GWh, which comprises 540 GWh in PSP and 1840 GWh through BESS. This is because of the surcharge in the amount of renewable energy being added, considering that the net-zero emissions targets have been set for 2070. Furthermore, with the increasing electric automobile market, the demand for quick charging facilities is anticipated to increase the market share of the supercapacitor segment.
• The automotive segment is anticipated to dominate the market share: Based on the end-user industry, the global electric capacitor market is segmented into consumer electronics, automotive, communications and technology, energy and power, industrial electronics, and others. The automotive segment within the electric capacitor market is expected to grow significantly, owing to the increasing demand for infotainment systems in the automotive industry. Automotive systems, like all electronic products and systems, make extensive use of electric capacitors, and the growing demand for cars that use alternative propulsion technologies, where the operation and management of electrical current and circuits are becoming more important, is leading to the expansion of capacitors' role. Electric capacitors are anticipated to become more useful in the automobile industry as the global demand for vehicles grows. Growing in-vehicle electronics, combined with increased demand for electric vehicles, a growing requirement for entertainment devices in vehicles, and a growing need for improved performance/energy management in automotive units, are likely to drive up demand for these capacitors. Furthermore, the rising production and sales of electric vehicles are bolstered by favourable government policies and subsidies aimed at promoting green technology adoption. These initiatives have been particularly impactful, as many governments introduced stimulus packages that included incentives for EV purchases. In this regard, according to the International Energy Agency, in 2023, almost 14 million EVs were registered globally, with their sales going higher.

Electric Capacitor Market Geographical Outlook:

• APAC is anticipated to hold a significant share of the Electric Capacitor Market: 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 fulfill 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, particularly the US, will also hold a considerable market share: The USA held the largest market share in the North American region owing to rising industrial production and booming automotive production. The electric capacitor demand in the country is burgeoning due to the increased functionality, connectivity, and intricacy of electronic devices, as well as the growing preference for smart components. The consumer electronics industry's ongoing technical improvements, particularly in the smartphone segment, have pushed industry participants to choose high-speed energy-offering devices. Over the next two years, as manufacturers expand their 5G handset options to reach more consumers, 5G adoption will skyrocket. The future of 5G smartphones is promising, with CTA forecasting that by 2022, over 76 percent of all smartphone sales will be 5G capable. Furthermore, expanding adoption across applications needing a mix of high capacitance and voltage in the automotive and other end-user sectors will add to the positive outlook of the market in the country.

Electric Capacitor Market Key Developments:

• In 2024: KYOCERA AVX, a major company in manufacturing advanced electronic component-engineered products, launched two new series of snap-in aluminum electrolytic capacitors: the SNA Series and SNL Series.
• June 2023: Zap Energy secured power supply manufacturing capabilities through the acquisition of liquidated ICAR assets. Zap Energy had acquired a significant package of assets from ICAR, once a prominent global manufacturer of capacitors and power supply equipment. This strategic move represented the initial phase in Zap's efforts to expand its manufacturing capabilities in proprietary repetitive pulsed-power technologies.
• March 2022: KYOCERA AVX Components Corporation acquired the tantalum and polymer capacitor business assets of ROHM Co., Ltd. The agreement outlined the transfer of ROHM Semiconductor's tantalum and polymer capacitor business assets. This comprehensive transfer encompassed all manufacturing lines related to tantalum and polymer capacitors, along with the pertinent intellectual property.

Electric Capacitor Market Scope:

The Electric Capacitor Market is analyzed into the following segments:

By Type

• Aluminum
• Ceramic
• Tantalum
• Paper and Film
• Supercapacitor
• Others

By Polarization

• Polarized
• Non-polarized

By Voltage

• High Voltage
• Low Voltage

By Mounting Type

• Surface Mount
• Through-Hole
• Chassis Mount

By End-user Industry

• Consumer Electronics
• Automotive
• Communication & Technology
• Energy & Power
• Industrial Electronics
• Others

By Geography

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • Israel
  • Others
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Taiwan
  • Others

1. Introduction

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits for the Stakeholders

2. Research Methodology

2.1. Research Design

2.2. Research Process

2.3. Data Validation

3. Executive Summary

3.1. Key Findings

3.2. Analyst View

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Global Electric Capacitor Market By Type

5.1. Introduction

5.2. Aluminum

5.2.1. By Mounting Type

5.3. Ceramic

5.3.1. By Mounting Type

5.4. Tantalum

5.4.1. By Mounting Type

5.5. Paper and Film

5.5.1. By Mounting Type

5.6. Supercapacitor

5.6.1. By Mounting Type

5.7. Others

6. Global Electric Capacitor Market By Polarization

6.1. Introduction

6.2. Polarized

6.3. Non-Polarized

7. Global Electric Capacitor Market By Voltage

7.1. Introduction

7.2. High Voltage

7.3. Low Voltage

8. Global Electric Capacitor Market By Mounting Type

8.1. Introduction

8.2. Surface Mount

8.3. Through-Hole

8.4. Chassis Mount

9. Global Electric Capacitor Market By End-user Industry

9.1. Introduction

9.2. Consumer Electronics

9.2.1. Home Appliances

9.2.1.1. HVAC

9.2.1.2. Others

9.2.2. Commercial Appliances

9.2.2.1. HVAC

9.2.2.2. Others

9.3. Automotive

9.3.1. Commercial Vehicles

9.3.2. Passenger Vehicles

9.4. Communication & Technology

9.5. Energy & Power

9.5.1. Utility Metering

9.5.2. Renewable Energy

9.5.3. Traditional Energy

9.6. Industrial Electronics

9.6.1. Drives

9.6.2. Solar Inverter

9.6.3. Uninterrupted Power Supply (UPS)

9.6.4. Others

9.7. Others

10. Global Electric Capacitor Market By Geography

10.1. Introduction

10.2. North America

10.2.1. By Type

10.2.2. By Polarization

10.2.3. By Voltage

10.2.4. By Mounting Type

10.2.5. By End-user Industry

10.2.6. By Country

10.2.6.1. USA

10.2.6.2. Canada

10.2.6.3. Mexico

10.3. South America

10.3.1. By Type

10.3.2. By Polarization

10.3.3. By Voltage

10.3.4. By Mounting Type

10.3.5. By End-user Industry

10.3.6. By Country

10.3.6.1. Brazil

10.3.6.2. Argentina

10.3.6.3. Others

10.4. Europe

10.4.1. By Type

10.4.2. By Polarization

10.4.3. By Voltage

10.4.4. By Mounting Type

10.4.5. By End-user Industry

10.4.6. By Country

10.4.6.1. Germany

10.4.6.2. France

10.4.6.3. United Kingdom

10.4.6.4. Spain

10.4.6.5. Others

10.5. Middle East and Africa

10.5.1. By Type

10.5.2. By Polarization

10.5.3. By Voltage

10.5.4. By Mounting Type

10.5.5. By End-user Industry

10.5.6. By Country

10.5.6.1. Saudi Arabia

10.5.6.2. Israel

10.5.6.3. Others

10.6. Asia Pacific

10.6.1. By Type

10.6.2. By Polarization

10.6.3. By Voltage

10.6.4. By Mounting Type

10.6.5. By End-user Industry

10.6.6. By Country

10.6.6.1. China

10.6.6.2. Japan

10.6.6.3. India

10.6.6.4. Taiwan

10.6.6.5. South Korea

10.6.6.6. Indonesia

10.6.6.7. Thailand

10.6.6.8. Others

11. Competitive Environment and Analysis

11.1. Major Players and Strategy Analysis

11.2. Emerging Players and Market Lucrativeness

11.3. Mergers, Acquisitions, Agreements, and Collaborations

11.4. Competitive Dashboard

12. Company Profiles

12.1. Yaego Corporation

12.2. TDK Corporation

12.3. Murata Manufacturing Co., Ltd

12.4. Johanson Dielectrics, Inc.

12.5. Nippon Chemi-Con

12.6. General Electric

12.7. KYOCERA

12.8. Samsung Electronics

12.9. Rubycon Corporation

13. Appendix

13.1. Currency

13.2. Assumptions

13.3. Base and Forecast Years Timeline

13.4. Key Benefits for the Stakeholders

13.5. Research Methodology

13.6. Abbreviations

Yaego Corporation

TDK Corporation

Murata Manufacturing Co., Ltd

Johanson Dielectrics, Inc.

Nippon Chemi-Con

General Electric

KYOCERA

Samsung Electronics

Rubycon Corporation

Murata Manufacturing Co., Ltd.

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