Global Electric Capacitor Market by Product Types, Polarization, Voltage Ranges, Mounting Types, Vertical, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020– 2026
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The global electric capacitor market was valued at 5.3 USD billion in 2019 and is expected to reach USD 9.2 million by 2026, expanding at a CAGR of around 6 % during the forecast period, 2020–2026. The growth of the market is attributed to increasing demand in various applications such as consumer electronics, data processing, and Automotive. Request for sample@ https://dataintelo.com/request-sample/?reportId=110174 The electric capacitor is a component that has the capacity to store energy in the form of electrical charge producing a static voltage across its plates, much like a rechargeable battery. It has practically replaced the traditional batteries because of its easy charging-discharging capabilities and lightweight features. With the advancement in technology, capacitors have become a necessary component in the manufacturing of all most every electronic device.
Market Trends, Drivers, Restraints, and Opportunities: ●
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Increasing demand for consumer and wearable electronics and the rising use of polymerbased capacitors in industrial applications are some of the key trends driving the growth of the electric capacitor market and thus fueling the growth of the market. Increasing use of IOT and smart computing devices are expected to drive the market growth in forecasted period. Improved and higher capacitances, bypassing, decoupling & filtering abilities are fueling the growth of the market. Increasing use of consumer electronics such as mobiles and tablets are boosting the growth of the market. Technological advancements in noise reduction, smart & efficient power consumption and efficient lighting is gaining popularity among LED applications. This, in turn, driving the growth of the market. Low energy capacity and limited energy storage which lead to fall in the market growth are factors hampering the growth.
Ask for discount@ https://dataintelo.com/ask-for-discount/?reportId=110174 Competitive Landscape: Major companies in global electric capacitor market includes Murata Manufacturing Co. Ltd, Samsung Electro-Mechanics, TDK Corporation, Taiyo Yuden Co. Ltd, Yageo Corporation, Maxwell Technologies, Walsin Technology Corporation (WTC), and Darfon Electronics Corporation. The market players are engaged in developing strong products with higher durability and capacitance to amplify their market share and gain traction in global marketplace. The companies are engaged in strategic acquisitions such as R&D, agreements, and collaborations to increase profitability and better outreach. Enquiry Before Buying@ https://dataintelo.com/enquiry-before-buying/?reportId=110174
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