PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742653
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742653
The Industrial Electronics Electric Capacitor Market is expected to grow from US$1,780.740 million in 2025 to US$2,211.658 million in 2030, at a CAGR of 4.43%.
Mining companies are investing in automation equipment, including trucks, dozer systems, and communication systems among others reduce the variable cost, dependence on labour, and improve productivity. This automation equipment inherently uses capacitors, and increasing expenditure on mining automation will drive the demand for electric capacitors from the industrial industry.
Furthermore, regular maintenance of offshore equipment and rising expenditure on oil and gas exploration activities due to increasing demand for oil will drive the demand for various exploration machines and equipment. Simultaneously, the Introduction of new machines across various industries, coupled with rising construction expenditure, will augment the demand for electric capacitors over the forecast period.
Industrial Electronics Electric Capacitor Market Drivers:
Major industry players profiled as part of the report are Yageo Corporation, TDK Corporation, Vishay Intertechnology, Inc., and Nichicon Corporation among others.
Industrial Electronic Electric Capacitor Market Segmentation