United Kingdom 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, Low), And By Industry Vertical (Consumer Electronics, Automotive, Communication & Technology, Energy & Power, Industrial Electronics, Others) - Forecasts From 2022 To 2027

The United Kingdom electric capacitor market is evaluated at US$227.449 million for the year 2020, growing at a CAGR of 3.24% to reach a market size of US$284.334 million by the year 2027.

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 and discharging characteristics and lightweight, it has effectively supplanted traditional batteries. As technology has progressed, capacitors have become an essential component in producing practically every electronic device. The growing use of electric capacitors in industries such as industrial, automotive electronics, consumer electronics, energy, and others is propelling the United Kingdom electric capacitors market forward.

The market is driven by the electric capacitor's increased capacitance value. Electric capacitors are an important component in the circuit designer's inventory, combining small size with high capacitance and low cost compared to other capacitors. The electric capacitor market is growing due to its extended service life and low cost. 

Limited energy storage, on the other hand, may cause market growth to slow due to its poor energy capacity. If electric capacitors are not mounted properly, they will not attain the correct capacitance and may cause internal gas pressure, leading to an explosion. As a result of these shortcomings, market growth may suffer.

Moreover, if installed correctly, electric capacitors are a very integral part of circuit design, as they can provide high capacitance for a small capacitor. As a result of the rising demand for consumer durables, the demand for electric capacitors is expected to rise, potentially creating an opportunity for the electric capacitor market.

COVID-19 IMPACT

The global impact of the COVID-19 epidemic has been enormous.  The shutdown, when combined with Brexit, had a substantial impact on the UK electronics and automotive industry, which was one of the first to be struck, first by global supply chain issues and subsequently by limitations on non-essential businesses. The crisis exacerbated a scenario that was already precarious due to the consequences of new European environmental legislation. The sector's activity increased only marginally.

For many, the entire economic and societal cost of this pandemic was devastating. However, certain areas have experienced progress, and opinions on how working life should be structured are continually evolving.

Both the auto and electronics industry dealt with a critical issue: worldwide supply chain disruption. Due to shortages in the semiconductor industry, carmakers slowed EV production, and certain supply chain managers have been cautioned that some components would have 52-week wait times. At the same time, there was no capacity to meet the demand for vehicles, resulting in significant restrictions on travel and potential customers being confined to their houses, not to mind the economic uncertainties.

Recent Development

The TDK Corporation has introduced a new line of noise-suppressing EPCOS X2 capacitors. They have a 275 V AC operating voltage and a capacitance range of 33 nF to 1 F. The microscopic dimensions, which vary depending on the capacitance, range from 4.0 9.0 13.0 mm (33 nF) to 10.5 16.5 26.5 mm (1F). The capacitors are UL and EN certified, and the casing and potting materials are UL94 V-0 compliant. They're also IEC 60384-14:2013 certified. The maximum working temperature is 110 degrees Celsius.

The market for film-based electric capacitors is expected to increase steadily due to their utilization in automotive electronic units, as well as their ability to perform stable operations in higher temperature and vibrating settings. The high voltage handling capability of these items, in comparison to their competitors, is attributable to their widespread applicability.

Polarized electric capacitors are expected to rise in the coming years, according to polarisation. High capacitance, the capacity to endure large charge and discharge cycles, as well as rapid supply and charge storage are all key attributes that are driving product adoption. The non-polarized section, on the other hand, will grow because of its excellent stability, reduced current leakage, and low losses at high frequencies.

In terms of voltage, the growth of the low voltage market will be fuelled by rising demand for consumer electronics, fuelled by strong urban population growth, and steadily falling prices. Furthermore, global economic expansion has increased disposable income. Because of the increased focus on decreasing power system losses and providing an efficient and continuous power supply, the high voltage sector will rise.

Considering the industry vertical or the end-user, the electric capacitor market will expand due to increased demand for cell phones, digital camcorders, and laptops, as well as their short replacement cycles. The introduction of new technologies such as 4K and OLED televisions that have a variety of electronic content and functionality needs improved energy density, capacitance, and bandwidth, promoting acceptance of technology.

The United Kingdom’s high voltage capacitor market has grown in response to rising demand for electric capacitors and a surge in the need for grid infrastructure to improve electricity accessibility. In recent years, the United Kingdom owned a significant share of the market.

Market Segmentation:

• 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
  • Industrial Electronics
  • Others