Capacitor Market is predicted to reach USD 61.1 Billion at a CAGR of 6.20% during the forecast period 2024-2032

Market Research Future (MRFR) has published on the “Global Capacitor Market” 

that contains information from 2018 to 2032. The capacitor market is estimated to register a CAGR of 6.20% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Capacitor market— Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, Nippon Chemi-Con Corporation, Maxwell Technologies, Inc., TDK Corporation, Kyocera Corporation, CAP XX Limited, Taiyo Yuden Co., Ltd., AVX Corporation, Panasonic, Yageo Corporation, Vishay Intertechnology, Darfon Electronics, KEMET Corporation, Johanson, and others.

Capacitor Market Highlights

The global capacitor market is accounted to register a CAGR of 6.20% during the forecast period and is estimated to reach USD 61.1 Billion by 2032.

The growing demand for electronic gadgets and the quick uptake of renewable energy sources are driving consistent expansion in the worldwide capacitor industry. Technology developments, rising infrastructure development spending, and the expanding automobile industry are some of the major market drivers.

Segment Analysis

The global capacitor market has been segmented based capacitor type, end use industry, and voltage.

On the basis of capacitor type, the market is segmented into Papers and plastics, ceramics, aluminium, tantalum, and super capacitors. With 30.54% of market revenue in 2022, ceramics was the most popular product category due to the growing usage of electronic gadgets, and it is projected that this trend would continue over the projection period. In recent years, due to increased urbanisation and technological innovation, the Asia Pacific area has emerged as a major worldwide centre for PCBs, transformers, and diodes.

Based on end use industry, the global capacitor market has been segmented into communications, computers, consumer electronics, autos, businesses, and others. Consumer electronics was the industry segment that generated the highest revenue. The reason for this is that people are utilising electronic gadgets more often. Many multinational corporations (MNCs) from America and Europe have noticed the significant achievements South Asian countries have made in information technology and telecommunication.

Based on voltage, the global capacitor market has been segmented into high and low voltages. The low voltage category brought in the greatest revenue. Low voltage capacitors are widely used in a variety of industries, including consumer electronics, automotive, telecommunications, and industrial sectors.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Capacitor Market Research Report

Regional Analysis

The global Capacitor market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Capacitor market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Capacitor market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Capacitor market comprises of Middle East, Africa, and Latin America.

The North America capacitor market dominated this market in 2022 (45.80%). North American growth has been accelerated by the creation of ultra-small case-size capacitors for portable electronic devices and a rise in the manufacturing of electric vehicles.

Moreover, Europe capacitor market accounts for the second-largest market share. This occurs as a result of expanding use of renewable energy sources, rising demand for electronic gadgets, and improvements in car technology.

Additionally, from 2024 to 2032, the Asia-Pacific capacitor market is anticipated to experience the quickest CAGR growth. increased consumer electronics demand, rapid industrialization, government initiatives encouraging renewable energy, and increased infrastructure investment are the causes of this.

Furthermore, the rest of the world's capacitor market is divided into the Middle East, Africa, and Latin America. The market for capacitors in Latin America is expanding significantly as a result of the region's booming demand for electronic gadgets, fast industrialization, and expanding infrastructure. The region's electronics business is expanding as a result of rising government backing for the sector and investments in renewable energy projects.

Key Findings of the Study

• The global Capacitor market is expected to reach USD 61.1 Billion by 2032, at a CAGR of 6.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to rising consumer electronics demand, quick industrialisation, government programmes supporting renewable energy, and rising infrastructural investment.


• Based on voltage, the low voltage segment was attributed to holding the largest market in 2022.


• Murata Manufacturing Co., Ltd., Maxwell Technologies, Inc., Nippon Chemi-Con Corporation, TDK Corporation, Samsung Electro-Mechanics, AVX Corporation, Kyocera Corporation, CAP XX Limited, Panasonic, Yageo Corporation, KEMET Corporation, Vishay Intertechnology, Taiyo Yuden Co., Ltd., Darfon Electronics, Johanson, and others.