According to the recent research report titled ‘Electric Capacitor Market Size By Material {Film, Ceramic, Electrolytic, Others}, By Polarization (Polarized, Non-Polarized), By Voltage (Low, Medium, High), By End-Use (Consumer Electronics, Automotive, Communication & Technology, Transmission & Distribution, Others) Industry Analysis Report, Regional Outlook  Application Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report, global electric capacitor market to surpass USD 25 billion by the year 2026.
 

Rising expenditure on electric T&D infrastructure, ongoing development of new solutions for energy conservation & storage, and growing electrification of automotive are the key factors driving global electric capacitor market growth. In addition, surging demand for complex  electronic products is enhancing the overall market outlook.
 

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Rising disposable incomes, coupled with shifting customer preferences leading to soaring consumer electronics and passenger vehicle production will bolster the demand for electric capacitor. For instance, passenger vehicle production in Japan climbed to 8.3 million units in 2017 from 7.8 million in 2015, cites the study.
 

Based on material type, electrolytic segment of worldwide electric capacitor market is expected to grow substantially over the analysis period, owing to the material’s ability to provide high capacitance in compact packages and better suitability across mission critical applications like aerospace & military.
 

Furthermore, acceptance of cars with alternative propulsion technologies, as well as increased use of electric capacitors in automotive convenience systems such as automated windows, window wipers, and air conditioners will drive industry dynamics.
 

With respect to voltage range, global electric capacitor market share from low voltage segment is predicted to expand through 2025, attributable to surging demand for consumer electronics fueled by their short replacement cycles and reducing costs.
 

Meanwhile, medium voltage segment is anticipated to gain momentum over the coming years, owing to growing measures to facilitate reactive power compensation in the electrical systems, and improving the power transmission & distribution capacity.
 

Regionally, Asia Pacific electric capacitor industry is projected to showcase an appreciable growth through 2025, creditable to increasing relocation of automobile production facilities to emerging economies, along with interconnection of renewable energy networks & grids, and amplification of connectivity & communication with penetration of smartphones.
 

Eminent players swaying global electric capacitor market share dynamics are WIMA GmbH, Hua Jung Components Co. Ltd., Cornell Dubilier Electronics Inc., Panasonic Corporation, KEMET Corporation, Samsung Group, Siemens AG, ABB Ltd., AVX Corporation, Nantong Jianghai Capacitor Co. Ltd., Schneider Electric SE, Maxwell Technologies, Murata Manufacturing Co. Ltd., Schaffner Group, Vishay Intertechnology Inc., C&H Technology Inc., and TDK-EPC Corporation among others.