Israel 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), And By Industry Vertical (Consumer Electronics, Automotive, Communication & Technology, Energy & Power, Industrial Electronics, Others) - Forecasts From 2022 to 2027

Israel Electric Capacitor Market Size:

Israeli electric capacitor market was evaluated at US$25.130 million in 2020.

Israel Electric Capacitor Market Trends:

The growth of the electric capacitor market in Israel is positive owing to its high demand across consumer electronics, energy and power, and the automotive industry. Factors contributing to the growth of the market are rising demand for consumer electronics, increasing demand for premium electronic devices, and growing demand for electric capacitors from the energy and power sectors of the country. The market is segmented by type, voltage, polarization, industry vertical, and target audience.

Israel Electric Capacitor Market Growth Drivers:

Demand for consumer electronics in Israel is rapidly increasing as the country's consumer behaviour has been continuously evolving, which is expected to have a positive impact on market growth. Factors such as changing consumer lifestyles and rising demand for electronic devices such as mobile phones, digital still cameras, PCs or notebooks, and smart televisions are supporting the growth of the market. Moreover, with the availability of 5G services, there is a high smartphone penetration across the country. Additionally, digital transformation is accelerating across the country as government, private, and public institutions and development organizations are increasingly switching toward digital platforms to improve their economic growth, which will further create a huge demand for electric capacitors across the country.

Israel Electric Capacitor Market Segment Analysis:

• Power and Energy

One of the prime reasons supporting the growth of the overall market is the growing demand for electric capacitors across the energy and power sectors of the country. Domestic energy demand will increase significantly during the forecast period because the country is switching towards cleaner fuels for power generation and transportation. According to the International Trade Administration, the number of transportation vehicles is estimated to increase to 6.4 million by 2040 due to which the demand for electricity will double by 2040 which is forecasted to increase the demand for electric capacitors across the energy and power sectors of the country, which in turn is projected to drive the overall market growth. For instance, Israel’s Electric Company has signed an energy project with Energroup, a company based in Dubai, and is expected to have a positive impact on the market growth.

Moreover, the Israel Electric Corporation (IEC) is planning to invest $1 billion in its energy sector to upgrade its transmission and distribution infrastructure. It is also planning to build new substations and develop a smart and modern grid to improve the quality of electricity supply, which is anticipated to drive the demand for electric capacitors across the industry.

Israel Electric Capacitor Market Segmentation:

The Israel electric capacitor market has been analysed through the following segments:

• By Type
  • Aluminium
  • 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
  • Industrial Electronics
  • Others

AVX Corporation (A subsidiary under Kyocera Corporation)

TDK Corporation

Yageo Corporation

Nichicon Corporation

Samsung Electro-Mechanics