Home > Energy & Power > Electrical Equipment > Electric Capacitors > Low Voltage Electric Capacitor Market

Low Voltage Electric Capacitor Market Trends

Report ID: GMI6164
Published Date: Jul 2023
Report Format: PDF

Download Free Sample

Low Voltage Electric Capacitor Market Trends

The demand for electric capacitors has been spurred by a range of industries, including automotive, consumer electronics, telecommunications, industrial manufacturing, and renewable energy. These sectors have been employing capacitors for diverse purposes like energy storage Systems, power factor correction, and noise suppression. The continuous and rapid advancement of technology is driving the creation of innovative capacitor designs, including multilayer ceramic capacitors (MLCCs), solid-state capacitors, and polymer electrolytic capacitors. These advancements are primarily focused on enhancing performance, reliability, and energy storage capabilities.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of low voltage electric capacitor exceeded USD 8.9 billion in 2023 and may witness over 8.1% CAGR from 2024 to 2032, due to rising usage in wide range of electronic and electrical applications.

Low voltage electric capacitor industry size from the consumer electronics end use segment is projected to observe 8% growth rate from 2023 to 2032, driven by rising needs in the smartphone, portable computing, and automotive industries.

The market size of low voltage electric capacitor in APAC region is anticipated to record over 7% CAGR from 2023 to 2032, owing to its robust manufacturing capabilities in the consumer electronics and automobile industries.

TAIYO YUDEN CO., LTD., SAMSUNG ELECTRO-MECHANICS, ELNA CO., LTD., TDK Corporation, Schneider Electric, Havells India Ltd., Xuansn Capacitor, and WIMA GmbH & Co. KG among others ae some of the leading companies.