Lucintel’s latest market report analyzed that aluminum capacitor provides attractive opportunities in the telecom, computer, consumer electronics, automotive, and industrial sectors. The aluminum capacitor market is expected to reach $4.8 billion by 2028 with a CAGR of 5.2%. In this market, high voltage is the largest segment by voltage, whereas automotive is largest by end use industry.
Based on voltage, the aluminum capacitor market is segmented into low voltage and high voltage. The high voltage segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the expanding use of these capacitors for filtering equipment to smooth out signals and reduce ripple voltage.
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The Aluminum Capacitor Market is marked by the presence of several big and small players. Some of the prominent players offering aluminum capacitor include Jianghai, Nippon chemi-con, Panasonic, Sam Young, and HEC.
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