커패시터 시장 평가 : 유형별, 전압별, 최종 용도 산업별, 지역별, 기회, 예측(2018-2032년)

Global capacitor market is projected to witness a CAGR of 6.12% during the forecast period 2024-2031, growing from USD 36.24 billion in 2024 to USD 58.27 billion in 2032. A capacitor consists of two conductive plates insulated from one another by an insulating medium, which is referred to as a dielectric. When the two plates are charged with a voltage, an electric field builds up between them and the capacitor is capable of accumulating electric charge.

The capacitor market is experiencing growth, primarily due to the mushrooming demand from the consumer electronics industry. The increasing sales of electric vehicles (EVs)are also fueling the demand for capacitors. Furthermore, advancements in capacitor technology, including design and materials, are enabling their use in more demanding applications, thereby contributing to ongoing market expansion.

The increasing demand for EVs has significantly boosted the capacitor market. Capacitors are vital for EVs, serving essential roles in energy storage and management. They complement batteries by providing quick bursts of power during acceleration and regenerative braking. Additionally, capacitors are crucial components in generating electricity from renewable energy sources such as wind and solar power. As the integration of these renewable sources into the power grid increases, the demand for capacitors will also rise to enhance grid stability. Capacitors play a key role in maintaining stable voltage levels within the electrical grid, ensuring reliable power delivery despite the fluctuations inherent in renewable energy generation.

Furthermore, the proliferation of electronic devices is fueling demand for capacitors. Devices such as smartphones, laptops, tablets, and wearables rely on capacitors for various functions, including power management, signal processing, and energy storage. This growing reliance on capacitors contributes to the overall demand in the capacitor market.

For instance, in November 2023, Kyocera AVX announced the launch of its first safety-certified multilayer ceramic capacitors (MLCCs). The new KGK Series capacitors possess Class X1/Y2 safety certification, while the KGH Series features Class X2 certification. These capacitors are specifically designed to protect against surges and transients, providing effective EMI filtering for AC line applications.

Rising Demand for Consumer Electronics Drives Capacitor Market Growth

The growing demand for consumer electronics is a key factor fueling the growth of the capacitor market. Devices such as smartphones, laptops, and smart wearables are becoming increasingly common, leading to a higher need for efficient capacitors. These components are crucial as they perform important tasks such as power management, signal filtering, and energy storage. Additionally, capacitors are essential for maintaining a stable power supply and ensuring signal integrity in these electronic devices.

The rise in consumer electronics technology has created a demand for components that can handle higher performance levels. Moreover, the demand for capacitors is further amplified by the incorporation of smart technologies in consumer electronics, such as IoT devices and smart home systems. These technologies require capacitors that can support wireless communication and data processing with minimal power consumption.

For instance, in November 2024, Murata Manufacturing Co., Ltd. announced the opening of a new production line at its facility in Caen, France, aimed at enhancing its Silicon Capacitor manufacturing capabilities. The new 200-mm mass production line is part of Murata's Integrated Passive Solutions offering and represents a significant investment in the European electronics industry, supported by initiatives such as the Chips Act and IPCEI.

Expansion of Electric Vehicles Augmenting the Demand for Capacitors

The demand for electric vehicles (EVs) is increasing owing to favorable government regulations and incentive policies that have boosted their adoption globally. Electric vehicles have driven the demand for advanced capacitor technologies necessary for managing power supply and energy storage within EVs, particularly for applications such as regenerative braking systems. Capacitors store energy during braking and release it when needed, which enhances overall vehicle efficiency.

Moreover, the shift towards EVs necessitates high-performance capacitors that can handle diverse voltage and power requirements across various electrical subsystems. These components help smooth out voltage fluctuations and prevent ripple currents from returning to the power source, ensuring the stable operation of critical electronic systems. For example, capacitors protect semiconductors from harmful high-frequency components generated by switching devices in an electric vehicle's drive system.

Furthermore, advancements in capacitor technologies, such as the development of supercapacitors with higher energy densities and faster charging capabilities, are paving the way for more efficient energy storage solutions in EVs. These innovations enable quicker charging times and improved energy recovery during driving, making electric vehicles more appealing to consumers.

For instance, in February 2024, Panasonic Industry Co., Ltd. unveiled the commercial production of its ZL series conductive polymer hybrid aluminium electrolytic capacitors, specifically designed for EVs and electronic control units (ECUs). This new series includes the industry's first high-capacitance models guaranteed to operate at temperatures up to 135°C, making them suitable for the increasing demands of modern vehicles, particularly in applications such as advanced driver assistance systems (ADAS) and electric power steering (EPS).

Adoption of Renewable Energy Sources Propels the Market Growth of Capacitors

Globally, governments are underscoring and adopting renewable energy sources such as wind and solar to generate electricity. This shift is essential for reducing greenhouse gas emissions and achieving the net-zero emissions goals set by various governments. With the increased adoption of renewable energy sources, the need for capacitors becomes crucial, as they enhance the efficiency, stability, and reliability of renewable energy systems.

Moreover, renewable energy sources often produce variable and intermittent electricity, which can lead to fluctuations in voltage and frequency. Capacitors are vital for stabilizing these variations and ensuring a consistent and reliable power supply to the grid. They help filter electrical signals and maintain voltage levels, which is essential for the quality of electricity supplied. Similarly, in wind energy applications, capacitors assist in voltage regulation and power factor correction. Wind turbines often operate under challenging environmental conditions, making the reliability of capacitors critical for uninterrupted energy production. As more countries explore their wind energy potential, the demand for capacitors in these applications continues to grow.

Additionally, the integration of energy storage systems with renewable installations is propelling the adoption of capacitors. These devices are integral components in energy storage systems that help balance energy supply and demand by storing excess energy generated during peak production times and releasing it when needed. This capability enhances overall system efficiency and supports grid stability.

For instance, in October 2024, Keltron Component Complex Limited (KCCL) inaugurated India's first supercapacitor production facility in Kannur. With an investment of around USD 4.90 million, the facility aims to produce high-capacity supercapacitors that can store significantly more energy than conventional capacitors, making them ideal for various applications, particularly in EVs and renewable energy systems.

Multilayer Ceramic Capacitor Lead the Global Capacitor Market Share

Multilayer ceramic capacitors (MLCCs) have cemented their dominance in the market, supported by strong statistics. These capacitors are widely used across various applications due to their compact size, high capacitance, and reliability, making them essential components in industries such as consumer electronics, automotive systems, and industrial equipment.

The growth of consumer electronics is a key factor contributing to MLCC's market dominance. They are vital components in smartphones, tablets, laptops, and other portable devices where space is limited, and performance is critical. Additionally, the automotive industry is increasingly adopting MLCCs for applications such as power management systems and advanced driver-assistance systems (ADAS), further bolstering their market presence.

Furthermore, advancements in manufacturing techniques and materials have enhanced the performance characteristics of MLCCs, making them more efficient in handling high frequencies and voltages. As the demand for high-performance capacitors continues to rise across various sectors, multilayer ceramic capacitors are well-positioned to maintain their leading role in the global capacitor market.

For instance, in May 2023, Samsung Electro-Mechanics proudly achieved a milestone by introducing the industry's highest capacitance at high voltage in MLCC for electric vehicles. This accomplishment is part of the company's strategic initiative to broaden its range of high-end automotive electronic components. The newly launched MLCCs have been meticulously developed with a specific emphasis on their suitability for EV applications. They come with impressive voltage ratings of 250V and 100V, ensuring robust performance in the demanding environment of EVs. Additionally, these capacitors are designed to operate effectively within a temperature range of 125°C, further enhancing their suitability for the unique challenges posed by EV systems.

Asia-Pacific Dominates Capacitor Market Share

Asia-Pacific is asserting its dominance in the capacitor market. It includes significant production hubs such as India, China, Vietnam, Thailand, and Japan, which are home to major consumer electronics manufacturers and automotive sectors. These industries propel innovation, and demand is fueled by Asia-Pacific's rapid industrialization, government programs supporting renewable energy, and rising infrastructure development.

Moreover, technological advancements in capacitor manufacturing and improvements in design also play a crucial role. Manufacturers in the Asia-Pacific are focusing on miniaturization and higher capacitance levels to meet the evolving requirements of modern electronics. With ongoing investments in infrastructure and technology, the Asia-Pacific is well-positioned to maintain its leadership in the global capacitor market as demand continues to rise across various sectors.

Furthermore, key manufacturers such as Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, and Taiyo Yuden enhance the region's capacity to meet global demand.

For instance, in March 2023, Murata Manufacturing Co., Ltd., a manufacturing subsidiary located in Izumo City, Japan, announced the commencement of construction for a new production building at its Iwami Plant (Hane) in March 2024. With a total investment of around USD 297.50 million, the completion of this construction is expected by March 2026. The purpose of constructing the new production building is to establish a system that can respond to the medium-to-long-term increase in demand for multilayer ceramic capacitors.

Future Market Scenario (2025 - 2032F)

The surge in electric vehicle adoption will increase the demand for advanced capacitors, especially supercapacitors, which improve overall energy efficiency and reduce charging times, thereby propelling market growth.

The consumer electronics sector continues to expand, driven by the proliferation of smartphones, tablets, and wearable devices. This will enhance the demand for reliable capacitors for energy storage and signal processing, significantly impacting capacitor usage across various applications.

The shift towards renewable energy sources such as solar and wind power is creating a heightened demand for capacitors used in energy storage systems.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of the capacitor market globally, as the companies compete to outperform one another in terms of advanced technologies, energy efficiency, and unique features. The market prognosis remains positive, owing to increased demand for consumer electronics, and expansion of electric vehicles. Capacitor manufacturers are concerned with energy-efficient capacitors, and environmental practices, which will likely define the industry's future. Collaborations and developing technologies are projected to increase competition in this fast-paced market.

For instance, in November 2024, Vishay Intertechnology, Inc., one of the world's largest manufacturers of discrete semiconductors and passive electronic components, announced that it has entered into definitive agreements to acquire Birkelbach Kondensatortechnik GmbH for USD 18.5 million.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Factors Considers in Purchase Decision
  • 4.1.1. Availability and Supplier Reliability
  • 4.1.2. Size and Package Type
  • 4.1.3. Capacitance Value
  • 4.1.4. Working Voltage
  • 4.1.5. Dielectric Type
  • 4.1.6. Cost
  • 4.1.7. Application Requirements

5. Global Capacitor Market Outlook, 2018-2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Type
    • 5.2.1.1. Ceramic Capacitors
    • 5.2.1.2. Electrolytic Capacitors
    • 5.2.1.3. Tantalum Capacitors
    • 5.2.1.4. Supercapacitors
    • 5.2.1.5. Others
  • 5.2.2. By Voltage
    • 5.2.2.1. Low
    • 5.2.2.2. Medium
    • 5.2.2.3. High
  • 5.2.3. By End-user Industry
    • 5.2.3.1. Automotive
    • 5.2.3.2. Industrial
    • 5.2.3.3. Energy
    • 5.2.3.4. Electronics
    • 5.2.3.5. Others
  • 5.2.4. By Region
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia-Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East and Africa
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 5.3. Market Map Analysis, 2024
  • 5.3.1. By Type
  • 5.3.2. By Voltage
  • 5.3.3. By End-user Industry
  • 5.3.4. By Region

6. North America Capacitor Market Outlook, 2018-2032F*

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Ceramic Capacitors
    • 6.2.1.2. Electrolytic Capacitors
    • 6.2.1.3. Tantalum Capacitors
    • 6.2.1.4. Supercapacitors
    • 6.2.1.5. Others
  • 6.2.2. By Voltage
    • 6.2.2.1. Low
    • 6.2.2.2. Medium
    • 6.2.2.3. High
  • 6.2.3. By End-user Industry
    • 6.2.3.1. Automotive
    • 6.2.3.2. Industrial
    • 6.2.3.3. Energy
    • 6.2.3.4. Electronics
    • 6.2.3.5. Others
  • 6.2.4. By Country Share
    • 6.2.4.1. United States
    • 6.2.4.2. Canada
    • 6.2.4.3. Mexico
• 6.3. Country Market Assessment
  • 6.3.1. United States Capacitor Market Outlook, 2018-2032F*
    • 6.3.1.1. Market Size Analysis & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share Analysis & Forecast
      • 6.3.1.2.1. By Type
        • 6.3.1.2.1.1. Ceramic Capacitors
        • 6.3.1.2.1.2. Electrolytic Capacitors
        • 6.3.1.2.1.3. Tantalum Capacitors
        • 6.3.1.2.1.4. Supercapacitors
        • 6.3.1.2.1.5. Others
      • 6.3.1.2.2. By Voltage
        • 6.3.1.2.2.1. Low
        • 6.3.1.2.2.2. Medium
        • 6.3.1.2.2.3. High
      • 6.3.1.2.3. By End-user Industry
        • 6.3.1.2.3.1. Automotive
        • 6.3.1.2.3.2. Industrial
        • 6.3.1.2.3.3. Energy
        • 6.3.1.2.3.4. Electronics
        • 6.3.1.2.3.5. Others
  • 6.3.2. Canada
  • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Capacitor Market Outlook, 2018-2032F

• 7.1. Germany
• 7.2. France
• 7.3. Italy
• 7.4. United Kingdom
• 7.5. Russia
• 7.6. Netherlands
• 7.7. Spain
• 7.8. Turkey
• 7.9. Poland

8. Asia-Pacific Capacitor Market Outlook, 2018-2032F

• 8.1. India
• 8.2. China
• 8.3. Japan
• 8.4. Australia
• 8.5. Vietnam
• 8.6. South Korea
• 8.7. Indonesia
• 8.8. Philippines

9. South America Capacitor Market Outlook, 2018-2032F

• 9.1. Brazil
• 9.2. Argentina

10. Middle East and Africa Capacitor Market Outlook, 2018-2032F

• 10.1. Saudi Arabia
• 10.2. UAE
• 10.3. South Africa

11. Porter's Five Forces Analysis

12. PESTLE Analysis

13. Market Dynamics

• 13.1. Market Drivers
• 13.2. Market Challenges

14. Market Trends and Developments

15. Case Studies

16. Competitive Landscape

• 16.1. Competition Matrix of Top 5 Market Leaders
• 16.2. SWOT Analysis for Top 5 Players
• 16.3. Key Players Landscape for Top 10 Market Players
  • 16.3.1. Murata Manufacturing Co., Ltd.
    • 16.3.1.1. Company Details
    • 16.3.1.2. Key Management Personnel
    • 16.3.1.3. Products and Services
    • 16.3.1.4. Financials (As Reported)
    • 16.3.1.5. Key Market Focus and Geographical Presence
    • 16.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 16.3.2. TDK Corporation
  • 16.3.3. KEMET Corporation
  • 16.3.4. Vishay Intertechnology, Inc.
  • 16.3.5. Panasonic Industry Co., Ltd.
  • 16.3.6. Nichicon Corporation
  • 16.3.7. Taiyo Yuden Co., Ltd.
  • 16.3.8. WIMA GmbH & Co. KG
  • 16.3.9. Samsung Electro-Mechanics Co., Ltd.
  • 16.3.10. YAGEO Corporation

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

17. Strategic Recommendations

18. About Us and Disclaimer