About Aluminium Electrolytic Capacitors
Aluminium electrolytic capacitors is a polarized capacitors owing to their anodization principle. It is made of a pure aluminium foil with an etched surface. It is widely used in various industries such as communication and technology, energy and power, automotive, and consumer electronics among many others. Increasing automotive production coupled with the increasing adoption of various consumer electronic devices including televisions, smartphone, tablets, among others are likely to drive the aluminium electrolytic capacitor market in the upcoming years. The market for the aluminium electrolytic capacitors is anticipated to register a CAGR of over 3.2% during the forecast period.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | United States |
Unit | Value (USD Million) |
CAGR | 3.2% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global aluminium electrolytic capacitor market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Aluminium Electrolytic Capacitors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nippon Chemi-Con Corporation (Japan), Panasonic Corp. (Japan), KEMET Corporation (United States), Capxon International Electronic Co. Ltd. (Hong Kong), Hunan Aihua Group (China), Barker Microfarads, Inc. (United States), Capacitor Industries (United States), Cornell Dubilier Electronics, Inc. (United States) and DuraCap International Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are TDK Corporation (Japan) and Vishay Intertechnology (United Sates).
Segmentation Overview
AMA Research has segmented the market of Global Aluminium Electrolytic Capacitors market by Type (Non-Solid Aluminium Electrolytic Capacitors and Solid Aluminium Electrolytic Capacitors), Application (Consumer Electronics, Industrial Sector, Computer and Peripherals, Telecommunications and Automotive) and Region.
On the basis of geography, the market of Aluminium 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). China region held largest market share in the year 2022. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Configuration, the sub-segment i.e. Radial Leaded Aluminium Capacitors will boost the Aluminium Electrolytic Capacitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. Low Voltage will boost the Aluminium Electrolytic Capacitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Aluminium Electrolytic Capacitors Products
Market Growth Drivers:
Rising Disposable Income Worldwide and High Spending Propensity of Consumers Pertaining to Electronic Goods
Challenges:
Issue Related to Some High Prices of Products
Restraints:
Lack of Consumer Awareness Regarding Aluminium Electrolytic Capacitor
Opportunities:
Growing Demand from Emerging Economics such as India, China, and others
Market Leaders and their expansionary development strategies
In November 2021, Panasonic Corporation commercialized the JX series of SP-Cap conductive polymer aluminum electrolytic capacitors with the highest level of reliability in the industry. This series of capacitors is suitable for use in power circuits for increasingly sophisticated communication base stations such as 5G and servers with increasing data traffic. This strategic planning helped company to expand its presence in Aluminium Electrolytic Capacitors market
In July 2017, the Cornell Dubilier Electronics, Inc. (United States) Company has announced the development of innovative axial-lead Aluminium electrolytic capacitors for high-performance applications. Hence, this announcement will help in strengthening the position of the company in the United States.
Key Target Audience
Manufacturers of Aluminium Electrolyte Capacitors, Suppliers of Aluminium Electrolyte Capacitors, Wholesalers, Distributors, and Retailers of Aluminium Electrolyte Capacitors, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.