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Asia Pacific High Voltage Electric Capacitor Market Size

  • Report ID: GMI10652
  • Published Date: Aug 2024
  • Report Format: PDF

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Asia Pacific High Voltage Electric Capacitor Market Size

Asia Pacific High Voltage Electric Capacitor Market was valued at USD 1.6 billion in 2023 and will grow at a CAGR of 6.1% from 2024 to 2032. The rising complexity, enhanced functionality, and integration of state-of-the-art microprocessors in various devices are driving the need for greater capacitance, which in turn is increasing demand for high voltage electric capacitors in emerging economies of the region including China, India, South Korea, among others.

 

Asia Pacific High Voltage Electric Capacitor Market

The proliferation of electronic control units (ECUs) in vehicles has escalated with the progression of automobile electrification over the years. High voltage electric capacitors in these applications are designed to be lightweight, compact, and capable of withstanding vibrations, extreme temperatures, high currents, and voltages, all while maintaining low resistance to minimize temperature increases.
 

 

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Asia Pacific market for high voltage electric capacitor was worth over USD 1.6 billion in 2023 and is expected to register 6.1% CAGR from 2024 to 2032, owing to the rising complexity, enhanced functionality, and integration of state-of-the-art microprocessors in various devices in the region.

Asia Pacific high voltage electric capacitor industry from the ceramic capacitors segment is expected to reach over 1.3 billion by 2032, due to increasing demand in power grids, renewable energy systems, and cutting-edge electronics.

China high voltage electric capacitor industry is expected to surpass USD 950 million by 2032, due to the country's robust economic conditions, accelerating investment for development of power networks, and supportive government policies.

ABB, Panasonic Corporation, SAMSUNG ELECTRO-MECHANICS, Schneider Electric, Siemens, TAIYO YUDEN CO., LTD., TDK Corporation, Vishay Intertechnology, Inc., WIMA GmbH & Co., and Xuansn Electronic, are some of the major high voltage electric capacitor companies in Asia Pacific.

Asia Pacific High Voltage Electric Capacitor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 15
  • Countries covered: 5
  • Pages: 120
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