Consumer Electronics High Voltage Electric Capacitor Market Analysis

Consumer Electronics High Voltage Electric Capacitor Market Analysis

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Based on polarization, the non-polarized industry is projected to surpass over USD 1 billion by 2032. The growing number and complexity of digital devices and advancement in their functionality & speed are demonstrating a significantly high level of performance acting as a driving force for the adoption of non-polarized capacitors that deliver higher response speed than its counterparts.
 

Based on material, the ceramic based capacitors industry is projected to witness about 5.2% CAGR through 2032. They offer capacitance ranging from 1pF to 100µF and are available in two distinct types, ceramic disc and Multilayer Ceramic Capacitors (MLCC). The present trends of enhanced connectivity, mobility, and reliability in industrial, consumer, and military electronics are directing to future advancements in the existing technology.
 

Asia Pacific consumer electronics high voltage electric capacitor market is likely to exceed USD 300 million by 2032. Shifting population base from lower middle to higher middle class across major economies including China, India, Japan & South Korea is driving the consumer expenditure. Consequently, this is leading to shifting consumption patterns toward more discretionary spending including consumer electronics that directly drives the demand for capacitors.
 

Advancements of robotics & drone technology requires a large number of aluminium, tantalum, and ceramic chip capacitors to operate and their connection with the IoT is expanding the growth prospects for the industry in the U.S. In addition, Continuous rise in the demand for smart phones, emerging concept of artificial intelligence, home automation, voice recognition technology, and declining electronics prices will fuel the product adoption.