Non-Polarized Electrolytic Capacitor Market Size & Share, by Material (Film, Ceramic, Electrolytic); End User (Consumer Electronics, Automotive, Communication & Technology, Transmission & Distribution) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5985
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Non-Polarized Electrolytic Capacitor Market size is poised to reach USD 75 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the non-polarized electrolytic capacitor was USD 16 Billion. The power sector is adopting capacitors on a large scale as it reduces energy consumption, this sector is driving the growth of the market. According to our recent survey, the application of power capacitors in the energy industry can result in a reduction in energy consumption of up to 15% which helps in saving energy costs.

The focus on renewable energy sources is growing progressively, such as solar and wind power. It is creating an increasing demand for non-polarized capacitors in the power generation sector, these capacitors are used in inverters, converters, and power factor correction circuits in these systems. This factor is believed to fuel the market growth of non-polarized electrolytic capacitors.


Non Polarized Electric Capacitor Market
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Non-Polarized Electrolytic Capacitor Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Adoption of Electrolytic Vehicles: The automobile sector is a big consumer of non-polarized capacitors, as they are used in different parts of automotive electronic systems. The part includes engine control units, navigation systems, and advanced driver-assistance systems. There is a substantial need for capacitors with high capacitance. The adoption of electrolytic vehicles is increasing and the integration of advanced electronics such as microprocessors to increase complexity and functionality in automobiles is expected to drive the growth of non-polarized capacitors in this sector. Installation of series capacitor in vehicles will provide high performance and reliability.
  • Growing Investments in the Electronic Sector:  Businesses have started investing in transmission and distribution, consumer electronics, the automotive industry, and the correlated sector. A notable growth has been observed in the growing frequency of electronic control units (ECUs) resulting in vehicle electrification. The conclusion of this increasing demand made automakers adopt design and the latest technologies to develop capacitors to meet the specifications. The electronic sector is now aiming to manufacture designs that are cost-effective, miniature, and provide outstanding performance.

Challenges

  • High Cost of Raw Materials: The production of large capacity non-polarized capacitors is very expensive as the raw material used in the capacitors is not affordable to the electronic sector resulting in high cost.
  • Various products are present in the industry that can be used in place of non-polarized capacitors as they can meet all the demands of the growing automotive sector, the presence of such products is likely to hamper market growth.

Non-Polarized Electrolytic Capacitor Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~8%

Base Year Market Size (2023)

~ USD 16 Billion

Forecast Year Market Size (2036)

~ USD 75 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Non-Polarized Electrolytic Capacitor Segmentation

Material (Film, Ceramic, Electrolytic)

The film capacitor segment in non-polarized electrolytic capacitor market is estimated to gain the largest revenue share of about 45% in the year 2036. The segment growth can be attributed to the higher stability, lower inductance, and cost-effectiveness of the capacitors. These capacitors use thin plastic film as dielectrolytic. They provide a broad range of capacitance ranging from 1nF to 30nF with high reliability. As per the latest report film capacitor can be used for products with approximate 4000 V endurance.  Moreover, they have a special feature of working under high temperatures and frequency which makes them popular in the electronic industry leading to the growth of the market.

End User (Consumer Electronics, Automotive, Communication & Technology, Transmission & Distribution)

The consumer electronics segment in non-polarized electrolytic capacitor market is estimated to gain a significant share of about 30% in the year 2036. The segment growth can be attributed to the growing need for smartphones, portable computing, and the automotive sector. The complex and improved functionalities of electronic devices which are majorly used in meeting the demand for energy supply, noise filtering, signal decoupling, and operation at higher frequencies have compelled industries to filter and optimize their product offerings.

Our in-depth analysis of the global market includes the following segments:

          Material

  • Film Capacitor
  • Ceramic Capacitor
  • Electrolytic Capacitor

          End User

  • Consumer Electronics
  • Automotive
  • Communication & Technology
  • Transmission & Distribution

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Non-Polarized Electrolytic Capacitor Industry -Regional Synopsis

APAC Market Forecast

The non-polarized electrolytic capacitor market in Asia Pacific is anticipated to hold the largest with a share of about 34% by the end of 2036. The market growth in the region is also expected on account of powerful manufacturing capabilities by integrating latest technology in the electronic industry. Asia is the core region in the manufacture of electronic devices, which is experiencing growing demand for non-polarized capacitors. The major consumers of these capacitors are consumer electronics, automotive components, and industrial equipment. The automotive industry is growing in countries including China, Japan, and South Korea, resulting in demand for non-polarized capacitors. According to a recent report, approximately USD 9 billion capacitors were exported from China.  Moreover, countries have started investing in renewable energy projects, majorly in the countries supporting energy production by wind and solar energy contributing to the rising demand for non-polarized capacitors.

North American Market Analysis

The North America non-polarized electrolytic capacitor market is estimated to be the second largest, registering a share of about 25% by the end of 2036. The market’s expansion can be attributed majorly to the growing demand for consumer electronics and automotive applications. The high-power capacitors are majorly used in power electronics devices, phase shifters, X-ray flashes, and pulsed lasers, whereas the low-power capacitors are used as decoupling capacitors, filters, and A/D convertors. In the USA, the government has taken various initiatives to promote the automotive industry and supporting electronic manufacturing, renewable energy and technological advancements. As per the recent report, around USD 3 billion capacitors were exported from USA in 2022.

Research Nester
Non Polarized Electric Capacitor Market size
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Companies Dominating the Non-Polarized Electrolytic Capacitor Landscape

top-features-companies
    • Vishay Intertechnology, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens
    • KEMET Corporation
    • Cornell Dubilier
    • Samwha Capacitor Group
    • NTE Electronics, Inc.
    • Motor Capacitors
    • Solen
    • Jackcon Capacitor Electronics Co., Ltd.
    • Xuansn Electronic

In-the-news

In The News

  • Siemens, a leading multinational technology conglomerate has launched a DriveSim Engineer in area of stimulation and virtual commissioning which is a successor to DriveSim Advanced. The special feature of DriveSim Engineer is that it can create a digital twin of the drive in the environment virtually with all the guidelines and configurations that coordinate to the real drive. In addition to the new SINAMICS S210 series, the new SINAMICS G220 frequency converters are now also accessible in the tool.
  • Cornell Dubilier, a segment of Knowles Corporation which is a leading supplier of high-performance components and solutions across the world has announced its newly developed Electrolytic Double Layer Capacitor (EDLC) or supercapacitor. The modules are now accessible to the industries. Moreover, these cutting-edge capacitors used a three-cell package for operating at higher voltages and printed circuit board space savings. large capacity of newly launched capacitors makes it possible to support brief power interruptions, supplement batteries and can be used in place of batteries in many applications. 

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5985
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for non-polarized capacitors in the power generation sector and adoption of capacitors on large scale are the major factors driving the growth of the non-polarized electrolytic capacitor market.

The market size of non-polarized electrolytic capacitor is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Vishay Intertechnology, Inc., Siemens, KEMET Corporation, Cornell Dubilier, Samwha Capacitor Group, NTE Electronics, Inc., Motor Capacitors, Solen, Jackcon Capacitor Electronics Co., Ltd., Xuansn Electronic, and others.

The film capacitor segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Non-polarized Electrolytic Capacitor Market Report Scope
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