Capacitor Market: Size, Share, Trends & Forecast (2024-2029)
The market report presents a thorough analysis segmented by Type (Ceramic Capacitor, Paper and Plastic Film Capacitor, Supercapacitors/EDLCs); by Application (Automotive, Industrial, Aerospace & Defense, Energy, Communications/Servers/Data Shortage, Consumer Electronics, Medical); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Market Dimensions & Growth Potential
- The capacitor market is estimated to be at USD 34,798.01 Mn in 2024 and is anticipated to reach USD 46,386.05 Mn in 2029.
- The capacitor market is registering a CAGR of 5.92% during the forecast period of 2024-2029.
- The capacitor market is integral to the functioning of numerous modern technologies, with its applications spanning various sectors and regions, underscoring the importance of capacitors in supporting and advancing global technological and industrial development.
Request a free sample.
Competitive Landscape & Market Positioning in 2023
- The participants in the global capacitor industry are always developing their strategies to preserve a competitive advantage.
- These companies primarily use acquisitions, R&D, partnerships, and technological launches.
- Several important entities in the capacitor market include Murata Electronics North America, Inc., Maxwell Technologies, Nippon Chemi-Con Group, TDK Corp., Kyocera AVX Components Corp., and others.
Ask for customization.
Report Objectives & Insights
| Attributes | Values |
| Historical Period | 2018-2022 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Market Size (2024) | USD 34,798.01 Mn |
| Market Size (2029) | USD 46,386.05 Mn |
| Growth Rate | 5.92% CAGR from 2024 to 2029 |
| Key Segments | Type (Ceramic Capacitor, Paper and Plastic Film Capacitor, Supercapacitors/ EDLCs); Application (Automotive, Industrial, Aerospace & Defense, Energy, Communications/Servers/Data Shortage, Consumer Electronics, Medical); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) |
| Key Vendors | Murata Electronics North America, Inc.; Maxwell Technologies; Nippon Chemi-Con Group; TDK Corp.; Kyocera AVX Components Corp. |
| Key Countries | The US; Canada; Brazil; China; India; Japan; South Korea; The UK; Germany; Italy; Spain; |
| Largest Market | Asia Pacific |
Get a free quote.
Market Trends & Future Outlook
- Miniaturization and High Capacitance: The trend toward smaller and more powerful electronic devices is driven by rising demand for miniaturized capacitors with high capacitance. This trend is particularly prominent in the consumer electronics sector, where space and efficiency are critical.
- 5G Technology Deployment: The global rollout of 5G networks is boosting demand for capacitors used in telecommunications equipment, such as base stations and mobile devices. In 2023, Qualcomm launched new 5G chipsets that incorporate advanced capacitors for improved signal processing and energy efficiency, underscoring the critical role of capacitors in supporting 5G infrastructure.
- Renewable Energy Integration: The increasing integration of renewable energy sources like solar and wind power into the grid is creating a demand for capacitors used in energy storage and power conditioning systems. In 2023, Siemens launched a new line of capacitors specifically designed for renewable energy applications, supporting grid stability and energy efficiency.
Speak to analyst.
Key Market Influencers & Growth Drivers
- Growing Consumer Electronics Market: The proliferation of smartphones, laptops, tablets, and wearable devices is a major driver for the capacitors market. These devices require capacitors for power management, energy storage, and signal filtering. In 2023, Apple reported a surge in demand for its new line of smartphones, highlighting the continued growth of the consumer electronics market.
- Increased Adoption of Electric Vehicles (EVs): The automotive industry’s transition towards electric and hybrid vehicles drives the demand for capacitors, which are essential in EV power systems, battery management, and regenerative braking systems.
- Advancements in Industrial Automation: The increasing adoption of automation in manufacturing and other industrial sectors is creating demand for capacitors in various applications, including motor drives, power supplies, and control systems.
Inquire before buying.
Market Obstacles & Growth Barriers
- Environmental and Regulatory Compliance: Increasing environmental regulations and the push for sustainable manufacturing practices pose challenges for capacitor manufacturers. This includes compliance with regulations on hazardous substances and the need to adopt eco-friendly production processes. For instance, in 2023, the European Union’s Restriction of Hazardous Substances (RoHS) directive introduced stricter limits on certain materials, impacting capacitor manufacturing processes.
- Raw Material Price Volatility: The capacitor market faces challenges related to the volatility of raw material prices, particularly for metals such as tantalum, aluminum, and palladium, which are critical for capacitor production. Fluctuations in these prices can impact manufacturing costs and profit margins.
- Intense Competition and Price Pressure: The capacitors market is highly competitive, with numerous manufacturers offering a wide range of products. This competition can lead to price pressure, impacting margins, particularly for standard and commodity capacitors.
Personalize this research.
Map Highlighting Key Region in 2023
Explore purchase options.
Table of Contents
| 1. Introduction |
|---|
| 1.1. Research Methodology |
| 1.2. Scope of the Study |
| 2. Market Overview / Executive Summary |
| 2.1. Global Capacitor Market (2018 – 2022) |
| 2.2. Global Capacitor Market (2023 – 2029) |
| 3. Market Segmentation |
| 3.1. Global Capacitor Market by Type |
| 3.1.1. Ceramic Capacitor |
| 3.1.2. Paper and Plastic Film Capacitor |
| 3.1.3. Supercapacitors/ EDLCs |
| 3.2. Global Capacitor Market by Application |
| 3.2.1. Automotive |
| 3.2.2. Industrial |
| 3.2.3. Aerospace & Defense |
| 3.2.4. Energy |
| 3.2.5. Communications/Servers/Data Shortage |
| 3.2.6. Consumer Electronics |
| 3.2.7. Medical |
| 4. Regional Segmentation |
| 4.1. North America |
| 4.1.1. The US |
| 4.1.2. Canada |
| 4.1.3. Mexico |
| 4.2. South America |
| 4.2.1. Brazil |
| 4.2.2. Argentina |
| 4.2.3. Colombia |
| 4.2.4. Chile |
| 4.2.5. Rest of South America |
| 4.3. Asia Pacific |
| 4.3.1. China |
| 4.3.2. India |
| 4.3.3. Japan |
| 4.3.4. South Korea |
| 4.3.5. Rest of Asia Pacific |
| 4.4. Europe |
| 4.4.1. The UK |
| 4.4.2. Germany |
| 4.4.3. Italy |
| 4.4.4. France |
| 4.4.5. Spain |
| 4.4.6. Rest of Europe |
| 4.5. The Middle East |
| 4.5.1. Turkey |
| 4.5.2. UAE |
| 4.5.3. Saudi Arabia |
| 4.5.4. Rest of the Middle East |
| 4.6. Africa |
| 4.6.1. Egypt |
| 4.6.2. South Africa |
| 4.6.3. Rest of Africa |
| 5. Value Chain Analysis of the Global Capacitor Market |
| 6. Porter Five Forces Analysis |
| 6.1. Threats of New Entrants |
| 6.2. Threats of Substitutes |
| 6.3. Bargaining Power of Buyers |
| 6.4. Bargaining Power of Suppliers |
| 6.5. Competition in the Industry |
| 7. Trends, Drivers and Challenges Analysis |
| 7.1. Market Trends |
| 7.1.1. Market Trend 1 |
| 7.1.2. Market Trend 2 |
| 7.1.3. Market Trend 3 |
| 7.2. Market Drivers |
| 7.2.1. Market Driver 1 |
| 7.2.2. Market Driver 2 |
| 7.2.3. Market Driver 3 |
| 7.3. Market Challenges |
| 7.3.1. Market Challenge 1 |
| 7.3.2. Market Challenge 2 |
| 7.3.3. Market Challenge 3 |
| 8. Opportunities Analysis |
| 8.1. Market Opportunity 1 |
| 8.2. Market Opportunity 2 |
| 8.3. Market Opportunity 3 |
| 9. Competitive Landscape |
| 9.1. Murata Electronics North America, Inc. |
| 9.2. Maxwell Technologies |
| 9.3. Nippon Chemi-Con Group |
| 9.4. TDK Corp. |
| 9.5. Kyocera AVX Components Corp. |
| 9.6. Company 6 |
| 9.7. Company 7 |
| 9.8. Company 8 |
| 9.9. Company 9 |
| 9.10. Company 10 |
Know the research methodology.
Capacitor Market – FAQs
What is the current size of the capacitor market?
In 2024, the capacitor market size is $34,798.01 Mn.
Who are the major vendors in the capacitor market?
The major vendors in the capacitor market are Murata Electronics North America, Inc.; Maxwell Technologies; Nippon Chemi-Con Group; TDK Corp.; Kyocera AVX Components Corp.
Which segments are covered under the capacitor market segments analysis?
The capacitor market report offers in-depth insights into Type, Application, and Geography.