Home > Energy & Power > Electrical Equipment > Electric Capacitors > Polarized Electric Capacitor Market

Polarized Electric Capacitor Market Analysis

  • Report ID: GMI9953
  • Published Date: Jun 2024
  • Report Format: PDF

Polarized Electric Capacitor Market Analysis

Based on material, the film capacitor industry is anticipated to exceed over USD 1.5 billion by 2032. Advancements in dielectric materials and electrolytes along with increasing advance manufacturing technique are leading to capacitors with higher capacitance, better temperature stability, and longer operational life.
 

Polarized Electric Capacitor Market Revenue Share, By End Use, 2023

Based on end use, the automotive industry is expected to grow over 7.5% CAGR through 2032. Continued investment in research and development is critical for addressing challenges related to miniaturization, performance enhancement, and cost reduction across automobile segment, thereby contributing to the market growth.
 

Asia Pacific Polarized Electric Capacitor Market Size, 2022 – 2032 (USD Billion)

Asia Pacific polarized electric capacitor market size surpass USD 2 billion by 2032, owing to its large electronics manufacturing base, particularly in China, Japan, and South Korea. In addition, the region is also seeing significant growth in the automotive and industrial sectors, which in turn will complement the business scenario. Furthermore, regulations regarding electronic waste and the use of hazardous materials are influencing the production and disposal of polarized capacitors across the countries including Japan, Australia, & South Korea where manufacturers are focusing on developing environmentally friendly products. This is expected to have a positive product deployment across regulatory governed industries including transmission & distribution and automotive.
 

The U.S. polarized electric capacitor market is driven by technological advancements, high demand for consumer electronics, and robust automotive and industrial sectors. In addition, rapid technological changes will make existing products obsolete, necessitating continuous innovation and adaptation.
 

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of polarized electric capacitor was worth USD 3.16 billion in 2023 and is projected to expand at 7.6% CAGR from 2024 to 2032, led by the rise in demand for consumer electronics coupled with rapid expansion of automotive sector.

The film capacitor material segment in the polarized electric capacitor industry is projected to surpass USD 1.5 billion by 2032, due to the rising advancements in dielectric materials and electrolytes along with increasing advance manufacturing technique.

The automotive end-use segment in the polarized electric capacitor industry is estimated to grow at over 7.5% CAGR between 2024 and 2032, due to the rising trend of miniaturization, need for performance enhancement, and cost reduction.

Asia Pacific polarized electric capacitor industry is estimated to surpass USD 2 billion by 2032, owing to the presence of large electronics manufacturing base, particularly in China, Japan, and South Korea.

Polarized Electric Capacitor Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 12
  • Countries covered: 18
  • Pages: 90
 Download Free Sample