Global Electrolytic Capacitors Market Report 2022

New York, Sept. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Electrolytic Capacitor Global Market Report 2022” – https://www.reportlinker.com/p06319449/?utm_source=GNW
Ltd., Lelon Electronics Corp., Vishay Intertechnology Inc., KEMET Corporation, Capxon, Man Yue, Samwha and Alcon Electronics.

The global electrolytic capacitors market is expected to grow from $6.42 billion in 2021 to $6.75 billion in 2022 at a compound annual growth rate (CAGR) of 5.1%. The electrolytic capacitors market is expected to reach $7.89 billion in 2026 at a CAGR of 4.0%.

The electrolytic capacitors market includes sales of electrolytic capacitors and related services by entities (organizations, individual traders, and partnerships) that are used in DC power circuits due to their large capacity and small size to reduce the ripple voltage. Electrolytic capacitors refer to a type of capacitor that uses an electrolyte to obtain a larger capacitance than other types of capacitors.

With the help of these capacitors, we can reduce voltage and voltage fluctuations.

The main types of electrolytic capacitors are aluminum electrolytic capacitors, tantalum electrolytic capacitors, and niobium electrolytic capacitors. the dielectric, and surrounded by a conductive cathode.

The various end-user industries involved are consumer electronics, industrial electronics and lighting, computing and telecommunications, energy, automotive and aerospace, and defence.

Asia-Pacific was the largest region in the electrolytic capacitors market in 2021. Regions covered in this electrolytic capacitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The Electrolytic Capacitors Market research report is one of a series of new reports that provide statistics on the Electrolytic Capacitors market, including global Electrolytic Capacitors industry market size, regional shares, competitors holding electrolytic capacitors market share, detailed electrolytic capacitors market segments, market trends and opportunities. , and all the other data you may need to thrive in the Electrolytic Capacitors industry. This Electrolytic Capacitors Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of current and future industry scenarios.

The growing demand for capacitors is expected to propel the growth of the electrolytic capacitor market in the future. Capacitors refer to electronic components that have 2 terminals and are capable of storing energy in the form of an electrical charge.

Electrolytic capacitors are used in DC power circuits because of their large capacitance, which will help reduce voltage and voltage fluctuations. For example, in February 2022, according to Global Trade magazine, a US-based magazine, total global capacitor imports were worth $31 billion in 2020.

The largest capacitor import markets were China and Hong Kong, accounting for imports of $8.8 billion, $5.4 billion, and Germany, $2 billion. Hence, the growing demand for capacitors is driving the growth of the electrolytic capacitors market.

Technological advancements are the key trend gaining popularity in the electrolytic capacitor market. Major companies operating in the electrolytic capacitors market are focusing on developing new technological solutions to strengthen their position.

For example, in November 2020, Exxelia, a France-based company that manufactures different types of capacitors including tantalum capacitors, ceramic capacitors, film capacitors, RF capacitors, and aluminum electrolytic capacitors, launched its series innovative aluminum electrolytic capacitors, called “Felsic series of HC products”. By providing the highest energy density, this capacitor can save up to 30% space and weight.

In January 2022, Exxelia, a French company that manufactures high-performance subsystems and passive components, acquired Alcon Electronics for $100 million. This acquisition will help strengthen Exxel’s engineering capabilities.

Alcon Electronics is an India-based company that manufactures custom aluminum electrolytic and film capacitors.

The countries covered in the Electrolytic Capacitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06319449/?utm_source=GNW

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