Capacitor Market Size to Hit USD 37.49 Billion by 2031 as Power Electronics Demand Grows | Mordor Intelligence Reports

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Capacitor Market Size to Hit USD 37.49 Billion by 2031 as Power Electronics Demand Grows | Mordor Intelligence Reports

July 16
14:36 2026
Capacitor Market Size to Hit USD 37.49 Billion by 2031 as Power Electronics Demand Grows | Mordor Intelligence Reports
Capacitor Market
Mordor Intelligence has published a new report on the “Capacitor Market Size,” offering a comprehensive analysis of trends, growth drivers, and future projections.

The global capacitor market size is projected to grow from USD 28.26 billion in 2026 to USD 37.49 billion by 203. The market continues to benefit from steady demand across automotive, consumer electronics, industrial equipment, communications infrastructure, and energy applications. As electronic systems become more complex and power management requirements increase, capacitors remain an essential component in modern circuit design.

While consumer electronics continue to represent a major source of demand, the market is becoming increasingly diversified as industrial automation, medical devices, and power infrastructure contribute to overall consumption. Manufacturers are also strengthening regional production capabilities to improve supply chain resilience and meet growing customer requirements across multiple industries.

Electric Vehicle Expansion Increases Capacitor Demand

The Capacitor Market is witnessing consistent demand from the automotive industry as vehicle electrification continues across global markets. Battery electric vehicles and hybrid vehicles require capacitors in power electronics, traction inverters, onboard chargers, and safety systems. As automotive manufacturers increase production of electrified vehicles, component suppliers are expanding their portfolios to address these requirements.

Ceramic Capacitors Maintain Their Market Leadership

Another important trend is the continued leadership of ceramic capacitors. Their reliability, compact size, and ability to perform across a wide temperature range make them suitable for smartphones, automotive electronics, industrial equipment, and communication systems. Ceramic capacitors accounted for the largest share of the market, reflecting their broad adoption across multiple end-use industries.

Supercapacitors Gain Momentum Across Energy Storage Applications

Supercapacitors are also gaining attention due to their ability to deliver rapid charge and discharge cycles. Although they represent a smaller portion of the overall market, they are forecast to record the fastest growth among capacitor types as utilities, transportation systems, and industrial applications explore hybrid energy storage solutions.

AI Infrastructure and Data Centers Create New Growth Opportunities

Growth in artificial intelligence infrastructure and cloud computing is further supporting the capacitor market. Modern data centers require highly reliable power delivery systems that depend on capacitors capable of handling high ripple currents and maintaining stable performance. Investments in next-generation computing infrastructure are therefore creating additional opportunities for capacitor manufacturers.

Upcoming Trends Shaping the Capacitor Market

Regionally, Asia-Pacific continues to lead the capacitor market due to its large electronics manufacturing base and strong automotive production. North America is expected to record the fastest growth during the forecast period, supported by investments in electric vehicle manufacturing, semiconductor production, and data center expansion.

Explore In-Depth Insights and Regional Perspectives, Including Localized Editions in the Japan Market: https://www.mordorintelligence.com/ja/industry-reports/capacitor-market?utm_source=abnewswire

Capacitor Market Segmentation

By Type, the market includes:

  • Ceramic Capacitors
  • Tantalum Capacitors
  • Aluminum Electrolytic Capacitors
  • Film Capacitors
  • Super/Ultracapacitors

Ceramic capacitors account for the largest market share, while super and ultracapacitors are expected to register the fastest growth during the forecast period due to increasing use in advanced energy storage and transportation applications.

By Mounting Style, the market is segmented into:

  • Surface-Mount Capacitors
  • Through-Hole Capacitors

Surface-mount capacitors currently lead the market because they support compact electronic product designs and automated manufacturing processes, while through-hole capacitors continue to find applications where higher mechanical strength is required.

By End-user Industry, the capacitor market serves:

  • Automotive
  • Industrial
  • Energy and Power
  • Communications, Servers, and Data Storage
  • Consumer Electronics
  • Aerospace and Defense
  • Medical Devices

Consumer electronics remain the largest end-user segment due to sustained production of smartphones, laptops, tablets, and wearable devices. Meanwhile, the energy and power segment is expected to record the highest growth as investments increase in renewable energy systems, grid modernization, and power conversion equipment.

Geographically, Asia-Pacific maintains the leading market position because of its extensive electronics manufacturing ecosystem. North America is forecast to experience the highest growth rate through 2031, supported by expanding investments in electric mobility, semiconductor facilities, and digital infrastructure.

Key players in the Capacitor Market include Murata Manufacturing Co., Ltd., TDK Corporation, KYOCERA AVX Components Corporation, KEMET (Yageo Group), Vishay Intertechnology, Inc., Panasonic Holdings Corporation, Samsung Electro-Mechanics Co., Ltd., Taiyo Yuden Co., Ltd., Walsin Technology Corporation, Nippon Chemi-Con Corporation, Rubycon Corporation, Nichicon Corporation, Cornell Dubilier Electronics, Inc., EPCOS AG (Infineon Technologies), Eaton Corporation plc (xEV capacitors), Maxwell Technologies, Inc. (UCAP), Skeleton Technologies Group OÜ, LS Materials Co., Ltd., WIMA GmbH & Co KG, Würth Elektronik eiSos GmbH & Co KG, Illinois Capacitor (Cornell Dubilier), Cap-XX Limited, Lelon Electronics Corporation, Samwha Electric Co., Ltd., Faratronic Co., Ltd., and Elna Co., Ltd.

These companies compete by expanding their capacitor portfolios across ceramic, film, electrolytic, tantalum, and supercapacitor technologies to address demand from automotive, consumer electronics, industrial automation, communications, and energy applications.

Browse Key Players Profiles and Summary: https://www.mordorintelligence.com/industry-reports/capacitor-market/companies?utm_source=abnews

Conclusion:

The outlook for the Capacitor Market remains positive as demand continues to expand across automotive, consumer electronics, industrial automation, communications infrastructure, medical devices, and power applications. The growing use of electric vehicles, renewable energy systems, and advanced computing infrastructure is creating new opportunities for capacitor manufacturers while supporting long-term market expansion.

As industries continue integrating more electronic systems into products and infrastructure, capacitors will remain essential for energy storage, filtering, voltage regulation, and power management. Ceramic capacitors are expected to maintain their leading position, while supercapacitors continue to gain adoption in applications requiring rapid energy delivery. With steady demand across multiple industries and ongoing investments in regional manufacturing, the capacitor market is expected to maintain healthy growth through 2031.

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