How Big Is the Capacitor Market | Trends 2031

Q: How big is the capacitor market?

The capacitor market was exhibited at USD 26 billion in 2024 and is projected to reach USD 40 billion by 2031.

Q: What are the major drivers of this market?

Major drivers include EV adoption, consumer electronics growth, and renewable energy integration.

Q: What trends are shaping the capacitor industry?

Key trends involve MLCC innovation, solid-state capacitors, and demand from 5G and smart grids.

Q: Who are the leading players in the capacitor market?

Leading players include Murata, TDK, AVX, Samsung Electro-Mechanics, and KEMET.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5576

Publication Date: Jul 2025

What is the size of the Capacitor Market?

According to 6Wresearch internal database and industry insights, the Global Capacitor Market was exhibited at USD 26 billion in 2024 and is projected to reach USD 40 billion by 2031, growing at a CAGR of 7.0% during the forecast period 2025–2031.

Due to increased electronic component consumption, growing renewable energy integration, and the expansion of electric vehicles, the market is anticipated for the growth in the coming years.

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Key Growth Drivers of the Capacitor Market

Proliferation of consumer electronics and IoT devices
Growing adoption of electric vehicles and hybrid powertrains
Increased demand for energy-efficient and high-performance components
Rising need for power conditioning in industrial and renewable sectors
Miniaturization of electronics requiring compact, efficient capacitors

Capacitor Market Trends

Capacitor market is growing over the years with strong trends which include the increasing demand for high-capacitance multilayer ceramic capacitors (MLCCs), especially in automotive and telecom applications. The shift toward solid-state technologies and development of supercapacitors for fast-charging needs are influencing product design. Further, the smart grid expansion and 5G infrastructure deployment are also generating strong demand for advanced capacitor solutions.

Emerging Developments in the Capacitor Market

Capacitor market is seeing new developments with increasing investments in the development of high-temperature and high-frequency capacitors for aerospace and defence. Aside from these,

environmentally friendly, lead-free, and RoHS-compliant capacitors are gaining adoption by consumers. Also, the advanced energy storage applications are pushing innovation in graphene-based and hybrid capacitors.