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6 FAQs about [Capacitor Industry Map Analysis]
What is a capacitor market?
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.
What is the growth rate of the capacitor market?
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.
What are the key factors affecting capacitor market growth?
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.
Which region will be the largest market for capacitors in 2017?
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.
How big is the capacitor market in 2024?
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.
Where do capacitors come from?
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.