India Capacitor Market Shipment Analysis
India Capacitor Market registered a growth of 16.51% in value shipments in 2022 as compared to 2021 and an increase of 12.54% CAGR in 2022 over a period of 2017. In Capacitor Market India is becoming more competitive as the HHI index in 2022 was 2450 while in 2017 it was 2572. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Capacitor Market.
India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Capacitor Market in 2022 was 4.94 while in 2017 it was 2.72. China, China, Hong Kong SAR, Singapore, Japan and Rep. of Korea were among the top players of the market in 2022, where China acquired the largest market share of 43.03% with a shipment value of 318.11 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 47.56% with the shipment value of 148.51 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
Latest 2023 Development of the India Capacitor Market
India Capacitor Market has undergone several latest developments in recent years. For instance, the increased demand for capacitors is due to the growth of the automotive, consumer electronics, and renewable energy industries. Also, the government has been promoting the use of renewable energy sources which has led to the development of the capacitor market in India. Several companies have been investing in the capacitor market in India due to its growth potential. The capacitor market in India has witnessed several technological advancements in recent years. Moreover, several companies in the capacitor market in India are entering into partnerships and collaborations to expand their market presence.
Some of the growth factors of the India capacitor market include the demand for consumer electronics such as smartphones, laptops, and other portable devices is growing rapidly in India. Further, the industrial sector in India is growing steadily and capacitors are used in various industrial applications such as motor control and lighting. The growing industrialization is expected to drive the growth of the capacitor market in India.
India Capacitor Market Synopsis
The India Capacitor market is one of the leading revenue-generating markets in the Asia Pacific region owing to the growing demand for consumer electronics in the country. Moreover, the expanding industrial sector due to the government plans to promote the ‘Make in India’ campaign would lead to an increase in the construction projects in the manufacturing sector along with the growing government investment for the expansion of the transmission lines in the country would lead to further growth in the demand for capacitors market over the forthcoming years.
According to 6Wresearch, India Capacitor Market size is anticipated to register growth during 2020-26. The Indian market is expected to register a decline in demand during 2020, due to the occurrence of the global pandemic COVID-19, which would lead to a complete lockdown during the first half of 2020, hampering business in the country. However, the India Capacitor market is expected to regain momentum by the first quarter of 2021, owing to the growing investment in the automobile manufacturing sectors in the country; various automobile manufacturers are setting up their plants in India under the Make in India campaign.
Based on types, the super-capacitors segment is expected to register high growth over the forecast period owing to the growing installation in automobiles and automation systems. Based on applications, the consumer electronics segment accounted for a leading share of market revenues in the Indian market.
The India Capacitor market report thoroughly covers the market by products, applications, and regions. The India Capacitor market outlook report provides an unbiased and detailed analysis of the ongoing India Capacitor market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
India capacitors market is estimated to witness progressive growth in the upcoming six years backed by increased demand for consumer electronics at a much vulnerable rate. On the basis of product type, the supercapacitors segment is estimated to generate high sales revenues owing to rising replacements of batteries with capacitors in vehicles due to the introduction of intelligent features such as higher power and long shelf backed by the massive development of the automotive industry and this is no doubt, expected to be a positive growth factor for the capacitors market in India in the next five to ten years. The aforementioned factors, hence, support the manufacturing sector growth by rising manufacturing of capacitors in bulk volume which has been proven important to maintain market stability and is estimated to benefit the India capacitors market growth in the coming timeframe.
India capacitor market is anticipated to register sound revenues in the upcoming six years backed by the rising growth of electric vehicles. Further, increased electric vehicles possess tremendous growth prospects for the capacitors installation tends to ensure smooth electricity transmission in vehicles and efficient mobility. This flourishing automobile sector in the country has been contributing to growth towards the product demand in the coming timeframe. Further, capacitors have been designed to run electric motors efficiently with their intelligent features like minimizing the risk of brush breakouts and being stuck in gears. These factors positively impact the product demand and would boost the India capacitors market growth substantially in the upcoming six years.
Key Highlights of the Report:
- India Capacitor Market Overview
- India Capacitor Market Outlook
- India Capacitor Market Forecast
- Historical Data of India Capacitor Market Revenues & Volume for the Period 2016-2019
- India Capacitor Market Size and India Capacitor Market Forecast of Revenues & Volume, Until 2026
- Historical Data of India Capacitor Market Revenues & Volume, By-Products, for the Period 2016-2019
- Market Size & Forecast of India Capacitor Market Revenues & Volume, By-Products, Until 2026
- Historical Data of India Capacitor Market Revenues & Volume, By Applications, for the Period 2016-2019
- Market Size & Forecast of India Capacitor Market Revenues & Volume, By Applications, Until 2026
- Market Drivers and Restraints
- India Capacitor Market Price Trends
- India Capacitor Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- India Capacitor Market Share, By Players
- India Capacitor Market Share, By Regions
- India Capacitor Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The India Capacitor Market report provides a detailed analysis of the following market segments:
By-Products:
- Ceramic Capacitor
- Film/Paper Capacitor
- Aluminum Capacitor
- Tantalum
- Polymer
- Super-capacitors
- Others
By Applications:
- Consumer Electronics
- Automotive
- Power Utility and Energy Industry
- Telecommunication Infrastructure
- Other
India Capacitor Market: FAQs
The increasing demand for consumer electronics, the growing automotive industry, and the government initiatives for infrastructure development are proliferating the India capacitor market.
Power electronics, industrial electronics, automotive electronics, and renewable energy generation are the major applications which are driving the demand for capacitors in the country.
The competition from low-cost Asian manufacturers is increasing, and the volatility of raw material prices, and the lack of technological advancements are the constraints faced by the market.
The increasing use of capacitors in renewable energy generation, the adoption of Internet of Things (IoT) technology in capacitors, and the growing focus on eco-friendly capacitors are the key trends in the market.
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| 1. Executive Summary |
| 2. Introduction |
| 2.1 Report Description |
| 2.2 Key Highlights of The Report |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3. India Capacitor Market Overview |
| 3.1 Country Indicators |
| 3.2 India Capacitors Market Revenues, 2016-2026F |
| 3.3 India Capacitors Market Revenue Share, By-Products, 2019 & 2026F |
| 3.4 India Capacitors Market Revenue Share, By Applications, 2019 & 2026F |
| 3.5 India Capacitors Market Revenue Share, By Regions, 2019 & 2026F |
| 3.6 India Capacitors Market Industry Life Cycle |
| 3.7 India Capacitors Market- Porter’s Five Forces |
| 4. India Capacitors Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5. India Capacitors Market Trends |
| 6. India Capacitor Market Overview, By-Products |
| 6.1 India Capacitor Market Revenues, By Ceramic Capacitor, 2016-2026F |
| 6.2 India Capacitor Market Revenues, By Film/Paper Capacitor, 2016-2026F |
| 6.3 India Capacitor Market Revenues, By Aluminum Capacitor, 2016-2026F |
| 6.4 India Capacitor Market Revenues, By Tantalum Capacitor, 2016-2026F |
| 6.5 India Capacitor Market Revenues, By Polymer Capacitor, 2016-2026F |
| 6.6 India Capacitor Market Revenues, By Super-Capacitor, 2016-2026F |
| 6.7 India Capacitor Market Revenues, By Others, 2016-2026F |
| 7. India Capacitor Market Overview, By Applications |
| 7.1 India Capacitor Market Revenues, By Consumer Electronics, 2016-2026F |
| 7.2 India Capacitor Market Revenues, By Automotive, 2016-2026F |
| 7.3 India Capacitor Market Revenues, By Power Utility and Energy Industry, 2016-2026F |
| 7.4 India Capacitor Market Revenues, By Telecom infrastructure, 2016-2026F |
| 7.5 India Capacitor Market Revenues, By Others, 2016-2026F |
| 8. India Capacitors Market Overview, By Regions |
| 9. India Capacitors Market Key Performance Indicators |
| 10. India Capacitors Market Opportunity Assessment |
| 10.1 India Capacitors Market Opportunity Assessment, By-Products, 2026F |
| 10.2 India Capacitors Market Opportunity Assessment, By Applications, 2026F |
| 11. India Capacitors Market Competitive Landscape |
| 11.1 India Capacitors Market Revenue Share, By Companies, 2019 |
| 11.2 India Capacitors Market Competitive Benchmarking, By Operating Parameters |
| 12. Company Profiles |
| 13. Strategic Recommendations |
| 14. Disclaimer |
