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.
There is also a certain comfort level among engineers at the capacitor manufacturer with working with materials they know and whose reactions they have come to understand over decades of trial and error. It is for this reason that the investments in the existing dielectrics have created the most value for the shareholder over time.
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 Asia-Pacific region is one of the most prominent markets for capacitors. The automotive industry is increasing in China, and the country plays an increasingly important role in the global automotive market. The government views its automotive industry, including the auto parts sector, as one of the country's pillar industries.
The Supercapacitors Market is moderately competitive and consists of several major players. The market includes long-standing, established players who have made significant investments. A few major players currently dominate the market in terms of share.
A capacitor is a passive electronic component or device that is capable of storing energy in the form of an electric charge. It consists of two conductors in close proximity and insulated from each other.