How big is the capacitor market in 2024?

The Capacitor Market is expected to reach USD 25.21 billion in 2024 and grow at a CAGR of 5.90% to reach USD 33.57 billion by 2029. TDK Corporation, Murata Manufacturing Co., Ltd., KEMET Corporation, Vishay Intertechnology, Inc. and WIMA GmbH & Co. KG are the major companies operating in this market.

What is a capacitor market?

The capacitor market is a semi-consolidated market. The market is competitive with the presence of various large-scale manufacturers in the market across the globe. The capacitor market has long-standing established players who have made significant investments.

Who are the leading manufacturers of silicon capacitors?

Some of the prominent vendors in the market include Murata Manufacturing Co., Ltd., TDK Corporation, KEMET Corporation, Vishay Intertechnology, Inc., and WIMA GmbH & Co. KG, among others. November 2023: ROHM has developed the BTD1RVFL series, a new line of silicon capacitors.

What is a capacitor and how does it work?

A capacitor is a passive electronic component or device that is capable of storing energy in the form of an electric charge. It consists of two conductors in close proximity and insulated from each other.

Where do capacitors come from?

The Asia-Pacific region is one of the most prominent markets for capacitors. The automotive industry is increasing in China, and the country plays an increasingly important role in the global automotive market. The government views its automotive industry, including the auto parts sector, as one of the country's pillar industries.

What is a ceramic capacitor used for?

The capacitor is designed for automotive applications to attain results on noise removal and superior decoupling that are required for high-performance processors employed in advanced driver assistance systems and autonomous driving functions. This indicates the growing demand for ceramic capacitors in the automotive industry.