Home > Energy & Power > Electrical Equipment > Electric Capacitors > Asia Pacific Ceramic Electric Capacitor Market

Asia Pacific Ceramic Electric Capacitor Market - By Voltage, By End Use & Forecast, 2024 – 2032

  • Report ID: GMI11601
  • Published Date: Sep 2024
  • Report Format: PDF

Asia Pacific Ceramic Electric Capacitor Market Size

Asia Pacific ceramic electric capacitor market was valued at USD 3.4 billion in 2023 and is set to grow at a rate of 6.9% from 2024 to 2032. The extensive use of capacitors and rising investments in electrical equipment manufacturing along with their effectiveness in energy storage have fueled market growth. As devices become more complex, functional, and integrated with advanced microprocessors, the need for higher capacitance has surged, significantly boosting demand for capacitors especially in emerging economies.
 

Asia Pacific Ceramic Electric Capacitor Market

Positive outlook for electronic components largely fueled by investments in consumer electronics, automotive sectors, and other manufacturing industries, is set to drive market growth. Additionally, the increasing focus on manufacturing designs that prioritize miniaturization, cost-efficiency, and enhanced performance is expected to further boost the product demand down the line.
 

Asia Pacific Ceramic Electric Capacitor Market Trends

The rising demand for higher capacitance in electronic devices, driven by the increasing complexity and functionality of modern appliances such as smartphones, electric vehicles, and smart home systems, is accelerating the adoption of ceramic electric capacitors. Additionally, the growing focus on sustainability and energy efficiency is driving the use of these capacitors in electrical infrastructure. As essential components in electrical systems, capacitors enhance energy efficiency and minimize power losses, aligning with global efforts toward environmental responsibility. This shift is fueling demand in the ceramic electric capacitor market, particularly from industries prioritizing eco-friendly practices.
 

Asia Pacific Ceramic Electric Capacitor Market Analysis

Asia Pacific Ceramic Electric Capacitor Market Size, By Voltage, 2022 – 2032 (USD Billion)

Based on voltage, the market is segmented into low, medium, and high. The low voltage ceramic electric capacitor industry will surpass USD 5 Billion by 2032. The increasing focus on advanced materials and manufacturing techniques to improve the performance of low voltage ceramic capacitors is expected to drive significant growth in the coming years. Manufacturers are heavily investing in research and development to innovate materials, boost capacitance values, and ensure reliability under varied operating conditions. This trend highlights the continuous efforts to meet the changing demands of modern electronic applications.
 

Asia Pacific Ceramic Electric Capacitor Market Revenue Share, By End Use, 2023

Based on end-use the market is segmented as consumer electronics, automotive, communications & technology, transmission & distribution, others. The transmission & distribution end use industry will grow at a rate of over 7.1% through 2032. The growing use of capacitors in power grids and substations to enhance power quality and distribution is driving their deployment in the transmission and distribution industry. As T&D infrastructure modernizes and integrates renewable energy, capacitors are increasingly needed to stabilize voltage, reduce losses, and improve system performance.
 

China Ceramic Electric Capacitor Market, 2022 – 2032 (USD Billion)

The China ceramic electric capacitor industry is anticipated to exceed USD 2 billion by 2032. The country growth has seen an increase in demand for ceramic electric capacitors, driven by ongoing modernization of electrical transmission and distribution systems. The implementation of smart grids, designed to enhance energy conservation and integrate renewable energy sources, is a significant factor boosting the deployment of these capacitors.
 

Extensive growth of renewable energy initiatives and efforts to retrofit and replace aging infrastructure in the country is further spurring the growth into the market. In addition, the industry's growth potential is increasing due to the rising demand for aluminum, tantalum, and ceramic chip capacitors, fueled by advancements in robotics, drone technology, and their integration with the Internet of Things (IoT).
 

Asia Pacific Ceramic Electric Capacitor Market Share

Asia Pacific Ceramic Electric Capacitor Market Company Share Analysis, 2023

Leading companies in the Asia Pacific ceramic electric capacitor industry include ABB, Murata, Schneider Electric, Siemens, and Panasonic. Leading market players are focused on developing high-quality capacitors with maximum capacitance, emphasizing technical innovation, timely delivery, and competitive pricing. These factors are essential for maintaining a competitive edge in the dynamic capacitor market.
 

Asia Pacific Ceramic Electric Capacitor Market Companies

Some of the key market players operating across the industry are:

  • ABB
  • AVX
  • Cornell Dubilier
  • Elna
  • Havells
  • Kemet
  • Kyocera
  • Murata
  • Panasonic
  • Samsung Electro-Mechanics
  • Schneider Electric
  • Siemens
  • Taiyo Yuden
  • TDK
  • Vishay
  • Wima
  • Xuansn
     

Asia Pacific Ceramic Electric Capacitor Industry News

  • In July 2024, KYOCERA AVX launched 20 new KAM Series Automotive MLCCs. These compact, lightweight surface-mount components maximize board space and provide high capacitance, minimizing the need for multiple capacitors. This innovation helps automotive engineers tackle the increasing complexities of electric vehicles (EVs), advanced driver assistance systems (ADAS), and automated driving systems (ADS).
     
  • In March 2024, Izumo Murata Manufacturing, a subsidiary of Murata Manufacturing, commenced construction of a new production facility to address the growing long-term demand for multilayer ceramic capacitors. This expansion is anticipated to have a positive impact on the overall automotive high-voltage electric capacitor market.
     

This Asia Pacific ceramic electric capacitor market research report includes an in–depth coverage of the industry with estimates & forecast in terms of volume in ’000 Units’ and revenue in ‘USD Billion’ from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report


Market, By Voltage

  • Low
  • Medium
  • High

Market, By End use

  • Consumer electronics
  • Automotive
  • Communications & technology
  • Transmission & distribution
  • Others

The above information has been provided for the following region & countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
  • Latin America
    • Brazil
    • Argentina
    • Chile

 

Authors: Ankit Gupta , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The market was valued at USD 3.4 billion in 2023 and is projected to grow at a 6.9% CAGR from 2024 to 2032, driven by extensive use in electrical equipment manufacturing and energy storage.

The low voltage sector is expected to surpass USD 5 billion by 2032, fueled by advancements in materials and manufacturing techniques aimed at improving performance.

China's market is anticipated to exceed USD 2 billion by 2032, supported by the modernization of electrical transmission and distribution systems and the implementation of smart grids.

Key players include ABB, AVX, Cornell Dubilier, Elna, Havells, Kemet, Kyocera, Murata, Panasonic, Samsung Electro-Mechanics, Schneider Electric, Siemens, Taiyo Yuden, TDK, Vishay, Wima, and Xuansn.

Asia Pacific Ceramic Electric Capacitor Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 90
  • Countries covered: 21
  • Pages: 100
 Download Free Sample