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High Voltage Electric Capacitor Market Trends

  • Report ID: GMI7315
  • Published Date: Nov 2023
  • Report Format: PDF

High Voltage Electric Capacitor Market Trends

The demand for electric capacitors has been spurred by a variety of industries, including automotive, consumer electronics, telecommunications, industrial manufacturing, and renewable energy. These sectors have incorporated capacitors for a wide range of purposes, such as energy storage, power factor correction, and noise suppression. The increasing trend toward miniaturization and the necessity for capacitors with higher capacitance values have led to a growing need for smaller and more efficient capacitors, particularly in portable electronic devices and automotive applications.

The ongoing and rapid progress of technology is propelling the development of innovative capacitor designs, including multilayer ceramic capacitors (MLCCs), solid-state capacitors, and polymer electrolytic capacitors. These advancements are predominantly aimed at improving performance, reliability, and energy storage capacities. Furthermore, the expanding adoption of renewable energy sources such as wind and solar power is driving the increasing need for electric capacitors. Capacitors play a critical role in renewable energy systems, facilitating functions like power conversion, energy storage, and grid stabilization.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

High voltage electric capacitor industry size exceeded USD 3.8 billion in 2022 and is poised to expand at over 4.5% growth rate from 2023-2032 driven by the rising demand from the electronic components sector.

High voltage electric capacitors market from the consumer electronics sector is projected to witness over 5.2% CAGR from 2023 to 2032 owing to the increasing application in the production of smartphones, portable computing, and automotives.

Asia Pacific market is estimated to witness over 5.5% CAGR from 2023 to 2032 driven by the robust manufacturing capabilities in the consumer electronics and automotive industries.

Some of the leading high voltage electric capacitor firms are Siemens, ABB, KEMET Corporation, Murata Manufacturing Co., Ltd., KYOCERA AVX Components Corporation, Cornell Dubilier, Panasonic Corporation, TDK Corporation, Schneider Electric, and Havells India Ltd., among others.

High Voltage Electric Capacitor Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 502
  • Countries covered: 21
  • Pages: 380
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