Selbyville, Delaware, July 09, 2019 (GLOBE NEWSWIRE) --

The electric capacitor market is poised to rise from USD 19 billion in 2018 to over USD 25 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Burgeoning demand for electronic devices on account of rising per capita income of individuals coupled with increasing production of various passenger and commercial vehicles across emerging nations will boost the market size.

Ability to provide high capacitance in small volume packages, cost-effectiveness and high suitability across critical applications including military & aerospace will foster the electrolytic based electric capacitor market growth. Extensive utilization across vehicle convenience systems including air conditioners, window wipers, and automatic windows will further fuel the technological adoption.

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Electric capacitor market in Asia Pacific will gain momentum on account of mergers & relocation of automobile production centers to emerging economies coupled with the development of electric & hybrid transportation systems. In addition, the interconnection and expansion of grid infrastructure, renewable energy networks along with measures to reduce emissions will boost the product penetration. Increasing electricity demand owing to robust growth in population in conjunction with ability of these products to minimize power system losses will complement the market outlook.

Increasing renewable energy source integration to the existing power grids has augmented the demand for efficient energy storage capabilities thus driving the electric capacitor market growth. Enhanced government emphasis toward reducing overload conditions and ensuring uninterruptible power transmission & distribution coupled with growing investments toward smart grid infrastructure will stimulate the product adoption.

Browse key industry insights spread across 590 pages with 1188 market data tables & 37 figures & charts from the report, “Electric Capacitor Market 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 (U.S., Canada, Mexico, UK, France, Germany, Italy, Austria, Spain, Netherlands, Denmark, Finland, Sweden, Norway, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, China, Japan, India, South Korea, Australia, Indonesia, Malaysia, Singapore, Thailand, New Zealand, Philippines, Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Turkey, South Africa, Nigeria, Algeria, Egypt, Israel, Jordan, Lebanon, Azerbaijan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, Brazil, Argentina, Chile) Application Potential, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:

Increasing electronic content in vehicles coupled with increasing focus of automakers on advanced propulsion technologies to meet the new emission regulations will augment the automotive electric capacitor market. Moreover, the integration of 48 V systems in vehicles along with stringent regulations toward fuel efficiency and emission control will impart a positive business prospect.

Medium voltage segment will witness escalation on account of facilitating reactive power compensation across the electrical networks along with improving the power transfer capability. Furthermore, ability to release system capacity, improve voltage levels for various network load states and enabling long lasting electrical performance of the power systems are some of the vital parameters that will boost the product demand.

Notable participants across the electric capacitor market include Siemens, Schneider Electric, ABB, Kemet, AVX Corporation, Maxwell Technologies, Murata Manufacturing, Cornell Dubilier, TDK-EPC Corporation, WIMA GmbH, Panasonic, Samsung, Vishay Intertechnology, Schaffner Group, C&H Technology, Hua Jung Components, Jianghai Capacitor amongst others.

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