The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for capacitors are expected to drive innovation in electrolytic capacitor manufacturing, thus driving the market during the forecast period.

The global electrolytic capacitor market is expected to grow from $6.86 billion in 2022 to $7.28 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The electrolytic capacitor market size is expected to grow to $9.06 billion in 2027 at a CAGR of 5.6%.

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Global Electrolytic Capacitor Market Segments Include:

• By Type: Aluminum Electrolytic Capacitors, Tantalum Electrolytic Capacitors, Niobium Electrolytic Capacitors
• By End-Use Industry: Consumer Electronics, Industrial Electronics and Lighting, Computer and Telecommunications, Energy, Automotive, Aerospace and Defense
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global electrolytic capacitor market in 2021.

Major Market Players in the electrolytic capacitor market include Nippon Chemi-Con Corporation, Nichicon Corporation, Nantong Jianghai Capacitor Co., Ltd., Rubycon Corporation, SamYoung Electronic Co., Ltd.

Technological advancements are the key trend gaining popularity in the electrolytic capacitor market. Major companies operating in the electrolytic capacitor market are focused on developing new technological solutions to strengthen their position. For instance, in November 2020, Exxelia, a France-based company that manufactures different types of capacitors including tantalum capacitors, ceramic capacitors, film capacitors, RF capacitors, and aluminium electrolytic capacitors, launched its innovative aluminium electrolytic capacitor series, named the “Felsic HC” product series. By providing the highest energy density, this capacitor can save up to 30% of space and weight.

The Electrolytic Capacitor Global Market Report 2023  provides a electrolytic capacitor market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The electrolytic capacitor market forecast analyzes electrolytic capacitor market size, electrolytic capacitor market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Electrolytic capacitors refer to a type of capacitor that uses an electrolyte to achieve a larger capacitance than other capacitor types. These capacitors reduce voltage and voltage fluctuations. It is used in DC power supply circuits due to their large capacitance and small size for reducing the ripple voltage.

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