The capacitor market is a semi-consolidated market. The market is competitive with the presence of various large-scale manufacturers in the market across the globe. The capacitor market has long-standing established players who have made significant investments.
The global capacitor market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for capacitors in various applications, such as industrial, automotive electronics, consumer electronics, energy and others.
The Capacitor Market is expected to reach USD 25.21 billion in 2024 and grow at a CAGR of 5.90% to reach USD 33.57 billion by 2029. TDK Corporation, Murata Manufacturing Co., Ltd., KEMET Corporation, Vishay Intertechnology, Inc. and WIMA GmbH & Co. KG are the major companies operating in this market.
The market growth is attributed to the increasing demand for capacitors in various applications, such as industrial, automotive electronics, consumer electronics, energy and others. In terms of type, the ceramic capacitor segment is expected to hold the largest share of the global capacitor market during the forecast period.
Asia Pacific is expected to be the largest market for capacitors with a revenue share of over 35% in 2017. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization.
Some of the prominent vendors in the market include Murata Manufacturing Co., Ltd., TDK Corporation, KEMET Corporation, Vishay Intertechnology, Inc., and WIMA GmbH & Co. KG, among others. November 2023: ROHM has developed the BTD1RVFL series, a new line of silicon capacitors.