Aluminum Electrolytic Capacitor Market Trends and Forecast
The future of the global aluminum electrolytic capacitor market looks promising with opportunities in the industrial, telecommunication, computer, consumer electronic, energy and power, and automotive end use industries. The global aluminum electrolytic capacitor market is expected to reach an estimated $7.9 billion by 2028 with a CAGR of 3.5% from 2023 to 2028. The major drivers for this market are increasing demand of electric and hybrid vehicles, growing adoption for renewable energy systems, and rising trend towards wireless charging technology among consumers.
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Aluminum Electrolytic Capacitor Market by Segment
The study includes trends and forecast for the global aluminum electrolytic capacitor market by type, voltage, end use industry, and region, as follows:
Aluminum Electrolytic Capacitor Market by Type [Shipment Analysis by Value from 2017 to 2028]:
- Solid Aluminum Electrolytic Capacitors
- Non-Solid Aluminum Electrolytic Capacitors
Aluminum Electrolytic Capacitor Market by Voltage [Shipment Analysis by Value from 2017 to 2028]:
Aluminum Electrolytic Capacitor Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
- Industrial
- Telecommunications
- Computers
- Consumer Electronics
- Energy and Power
- Automotive
- Others
Aluminum Electrolytic Capacitor Market by Region [Shipment Analysis by Value from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Aluminum Electrolytic Capacitor Companies
Companies in the market compete on the basis of type quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, aluminum electrolytic capacitor companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aluminum electrolytic capacitor companies profiled in this report include:
- Jianghai
- Nippon Chemi-Con
- Panasonic
- Sam Young
- HEC
- Aihua
- Lelon
- Vishay
- RubyCon
- KEMET
Aluminum Electrolytic Capacitor Market Insights
- Lucintel forecasts that solid type aluminum electrolyte capacitors are expected to remain the larger type segment over the forecast period because these capacitors are widely used in electronic devices, as they are highly reliable and have a longer lifespan than non-solid type aluminum electrolyte capacitors.
- Within this market, automotive will remain the largest end use industry segment due to increasing application of these electrolytic capacitors in electric vehicles owing to their high density power supply and greater efficiency.
- APAC will remain the highest growing region over the forecast period due to significantly growing automotive industry and the existence of large-scale manufacturers of electronic devices in the region, such as China, Hong Kong, and South Korea.
Features of the Aluminum Electrolytic Capacitor Market
- Market Size Estimates: Aluminum electrolytic capacitor market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Aluminum electrolytic capacitor market size by various segments, such as by type, voltage, end use industry, and region
- Regional Analysis: Aluminum electrolytic capacitor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different types, voltages, end use industries, and regions for the aluminum electrolytic capacitor market.
- Strategic Analysis: This includes M&A, new type development, and competitive landscape for the aluminum electrolytic capacitor market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
- Q1. What is the aluminum electrolytic capacitor market size?
- Answer: The global aluminum electrolytic capacitor market is expected to reach an estimated $7.9 billion by 2028.
- Q2. What is the growth forecast for aluminum electrolytic capacitor market?
- Answer: The global aluminum electrolytic capacitor market is expected to grow with a CAGR of 3.5% from 2023 to 2028.
- Q3. What are the major drivers influencing the growth of the aluminum electrolytic capacitor market?
- Answer: The major drivers for this market are increasing demand of electric and hybrid vehicles, growing adoption for renewable energy systems, and rising trend towards wireless charging technology among consumers.
- Q4. What are the major segments for aluminum electrolytic capacitor market?
- Answer: The future of the aluminum electrolytic capacitor market looks promising with opportunities in the industrial, telecommunication, computer, consumer electronic, energy and power, and automotive end use industries.
- Q5. Who are the key aluminum electrolytic capacitor companies?
- Answer: Some of the key aluminum electrolytic capacitor companies are as follows:
- Jianghai
- Nippon Chemi-Con
- Panasonic
- Sam Young
- HEC
- Aihua
- Lelon
- Vishay
- RubyCon
- KEMET
- Q6. Which aluminum electrolytic capacitor segment will be the largest in future?
- Answer:Lucintel forecasts that solid type aluminum electrolyte capacitors is expected to remain the larger type segment over the forecast period because these capacitors are widely used in electronic devices, as they are highly reliable and have a longer lifespan than non-solid type aluminum electrolyte capacitors.
- Q7. In aluminum electrolytic capacitor market, which region is expected to be the largest in next 5 years?
- Answer: APAC will remain the highest growing region over the forecast period due to significantly growing automotive industry and the existence of large-scale manufacturers of electronic devices in the region, such as China, Hong Kong, and South Korea.
- Q8. Do we receive customization in this report?
- Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
- Q.1. What are some of the most promising, high-growth opportunities for the global aluminum electrolytic capacitor market by type (solid type aluminum electrolyte capacitors and non-solid type aluminum electrolyte capacitors), voltage (high voltage and low voltage), end use industry (industrial, telecommunication, computer, consumer electronics, energy and power, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or type substitution?
- Q.11. What M&A activity did occur in the last five years and how did they impact the industry?