Dublin, April 11, 2024 (GLOBE NEWSWIRE) -- The "Aluminum Electrolytic Capacitors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Aluminum Electrolytic Capacitors Market to Reach $8 Billion by 2030
The global market for Aluminum Electrolytic Capacitors estimated at US$6.5 Billion in the year 2023, is projected to reach a revised size of US$8 Billion by 2030, growing at a CAGR of 2.6% over the analysis period 2023-2030. 
In the realm of capacitors, aluminum electrolytic capacitors (AECs) hold significance, as evidenced by their global key competitors' percentage market share and competitive market presence in 2023. The introduction to capacitors sets the stage, leading to a specific focus on AECs. Understanding AECs involves delving into their key applications, which span various sectors. A snapshot of these applications provides insight into the diverse requirements across different industries.
Non-Solid Electrolytic Capacitors, one of the segments analyzed in the report, is projected to record 2.5% CAGR and reach US$6.4 Billion by the end of the analysis period. Growth in the Solid Electrolytic Capacitors segment is estimated at 3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $320.9 Million, While China is Forecast to Grow at 2.9% CAGR
Looking ahead, solid AECs are anticipated to experience faster growth, indicative of evolving trends in capacitor technology. Moreover, China's continued dominance in the AEC market underscores its significance as a key player in the global landscape.
The Aluminum Electrolytic Capacitors market in the U.S. is estimated at US$320.9 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$5.5 Billion by the year 2030 trailing a CAGR of 2.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 1.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 262 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $6.5 Billion |
| Forecasted Market Value (USD) by 2030 | $8 Billion |
| Compound Annual Growth Rate | 3.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Aluminum Electrolytic Capacitors - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Capacitors: An Introduction
- Aluminum Electrolytic Capacitor (AEC)
- Key Applications of Aluminum Electrolytic Capacitors (AECs) by End-Use Sector: A Snapshot
- AECs Requirement by Select End-Use Applications
- Outlook
- Solid AECs Register Faster Growth
- China Retains Largest Share of AEC Market
MARKET TRENDS & DRIVERS
- Miniaturization Trend and Space-Saving Constraints in Modern Devices Spurs Innovations
- Surface Mount Devices Gain Popularity
- Flat Structure Aluminum Electrolytic Capacitors Gain Interest
- Organic Polymer Cathodes Gain Prominence
- Telecom Upheaval to Provide Boost to Hybrid Aluminum Electrolytic Capacitors
- Computers and Peripherals: An Important Segment
- Mobile Computing & Wider Adoption of BYOD Concept Impacts PC Sales
- Wider Proliferation of Mobile Devices Contracts AEC Shipments in Computers & Peripherals Vertical
- Recovery in Global PC Shipments Bodes Well for Market Growth
- AEC Demand in the Industrial Sector
- AECs Assume Critical Importance in Inverters
- General-Use Inverters
- Inverter Air Conditioners
- Rising Importance of Industrial Automation Extends New Opportunities
- Growing Penetration of Industrial Robots Perks Up Demand Growth
- As a Lesson Learnt in Social Distancing from the COVID-19 Pandemic, Use of Industrial Robots to Spike in the Post COVID-19 Period
- Expanding Role of Process Control Equipment
- Rise in Demand for UPS Systems Augurs Well for Market Growth
- Expanding Pace in Telecommunication Sector Favors Market Growth
- Surging Investments on Advanced Telecom Infrastructure Builds New Momentum
- Accelerating Expansion of 5G to Drive Growth
- Automotive Sector's Increased Thrust on Electronics Drives New Demand for AECs
- Recovery in Automotive Industry to Support Demand
- World Automobile Production in Million Units: 2008-2023
- Growing Emphasis on Intelligent Highway to Drive Increase in AECs Share in Automotive Sector
- Potential Opportunities in the Electric Vehicles Segment
- Rising Focus on Renewable Energy Accelerates Market Prospects
- Expanding Role of Electronics in the Healthcare Sector Augurs Well for AECs
- With Telemedicine Gaining Spotlight Amid COVID-19, Demand for AECs to Remain Strong in the Post COVID-19 Period
- Key Issues for AECs Market
FOCUS ON SELECT PLAYERS(Total 110 Featured)
- AVX Corporation
- Aid Electronics Corporation
- American Technical Ceramics Corporation
- Cheng Tung Industrial Co., Ltd.
- Cornell Dubilier Electronics, Inc.
- Cosonic Enterprise Corporation
- Alcon Electronics Pvt., Ltd.
- Barker Microfarads, Inc.
- Bennic and Company
- Changzhou Huawei Electronics Co., Ltd.
- Chuan Hao Electronic Co., Ltd.
- Dain Electronics Co., Ltd.
- Ark Electronic Co., Ltd.
- Dar-Jiann Electric Co., Ltd.
- ECOMAL Europe GmbH
For more information about this report visit https://www.researchandmarkets.com/r/tmmliw
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