What is Aluminum Electrolytic Capacitors Market Scope?
Aluminum electrolytic capacitors are the polarized electrolytic capacitors in which anode electrode is made of a pure aluminum foil with an etched surface. These capacitors can only be operated with DC voltage applied with the correct polarity. These capacitors are designed for use in all types of electronic equipment including power and alternative energy, industrial, telecommunications, automotive, military, medical and consumer electronics applications. The United States holds a market size of USD308 Million of Global Aluminum Electrolytic Capacitors Market in 2020. China is expected to grow at a steady pace of 2.9 percent in coming years. Among the other major geographic markets, Japan and Canada, each forecast to grow at 1.6 percent and 1.5 percent respectively in the forecast period of 2022-2027. Talking about Europe region, Germany is expected to grow at 1.8 percent CAGR.
Influencing Trend:
High Demand for Inverter Power Supplies
Market Growth Drivers:
Cost-Effective and High Durability of the Aluminum Electrolytic Capacitors, Provides Large Energy Density and High Demand for Change Circuits
Challenges:
Slowdown of the World Economy May Affect the Market and Competition from the Large Players
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Consumer Electronic Industry Worldwide and Growth in the E-Commerce Industry
The Aluminum Electrolytic Capacitors market study is being classified by Type (Non-solid (Liquid and Wet) Aluminum Electrolytic Capacitors, Solid Manganese Dioxide Aluminum Electrolytic Capacitors and Solid Polymer Aluminum Electrolytic Capacitors), by Application and major geographies with country level break-up.
The demand for Aluminum Electrolytic Capacitors is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Nippon Chemi-Con Corporation, Nichicon Corporation, TDK Electronics AG, Rubycon Corporation and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how aluminum electrolytic capacitors can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analysts at AMA predicts that Players from Japanese will contribute to the maximum growth of Global Aluminum Electrolytic Capacitors market throughout the predicted period.
Nippon Chemi-Con Corporation (Japan), Nichicon Corporation (Japan), TDK Electronics AG (Germany), Rubycon Corporation (Japan), Panasonic (Japan), SAMWHA ELECTRIC (South Korea), KEMET Corporation (United States), Man Yue Technology Holdings Limited (Hong Kong) and Lelon Electronics Corp. (Taiwan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Nantong Jianghai Capacitor Co., Ltd. (China), Cornell Dubilier Electronics, Inc. (United States) and DuraCap International Inc. (Canada).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Aluminum Electrolytic Capacitors market by Type, Application and Region.
On the basis of geography, the market of Aluminum Electrolytic Capacitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In December 2021 Exxelia announced the acquisition of Alcon Electronics. Alcon is a well-known Indian designer and manufacturer of film and aluminium electrolytic capacitors, specializing in supplying the end markets for renewable energy, induction heating devices, medical imaging, power generation, and railroads. Since its founding, Alcon has made significant investments in its cutting-edge plant in Nashik, India, growing to be a leader in a specific industry there and going up against major worldwide firms. With this acquisition, Exxelia will have access to Alcon's distinctive engineering expertise focused on testing and instrumentation equipment and heavily utilise it within the business.
In In February 2021 TDK Corporation had announced the launch of Aluminum Electrolytic Capacitors. The brand-new B43548 series of aluminium electrolytic capacitors from EPCOS, with snap-in terminals. The capacitors' maximum ripple current capability is an exceptional 9.80 A (400 V, 100 Hz, 60 °C). They are the best for demanding power electronics applications because of this. The series' high level of resistance to quick charging and discharging cycles is a unique feature. They also satisfy the rigorous requirements of servo drive applications because to their toughness and resistance against rapid charging and discharging cycles.
Key Target Audience
Aluminum Electrolytic Capacitor Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
Aluminum Electrolytic Capacitors Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Aluminum Electrolytic Capacitors Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Aluminum Electrolytic Capacitors industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.