PUBLISHER: The Business Research Company | PRODUCT CODE: 1921436
PUBLISHER: The Business Research Company | PRODUCT CODE: 1921436
Axial lead capacitors are electronic devices characterized by wires (leads) that extend from both ends along the axis of a cylindrical body. This configuration makes them easy to install on through-hole printed circuit boards (PCBs) and ensures strong mechanical connections. These capacitors function by storing and discharging electrical energy and are commonly used for filtering, coupling, and decoupling in electronic circuits.
The primary categories of axial lead capacitors include electrolytic, ceramic, film, tantalum, and others. Electrolytic axial lead capacitors are polarized components with cylindrical shapes and leads aligned along the same axis, suitable for applications demanding high capacitance and compact, inline placement. They are further classified by voltage levels into low, medium, and high voltage types. These capacitors find use in numerous industries such as consumer electronics, automotive, industrial, and telecommunications, serving important users like original equipment manufacturers (OEMs) and the aftermarket sector.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the axial lead capacitor market by increasing the cost of imported components and raw materials, affecting both manufacturing and supply chains. The consumer electronics and automotive segments, particularly in regions like Asia-Pacific and North America, are most affected due to high dependency on imports. While tariffs have increased costs, they have also encouraged some local manufacturing and sourcing diversification, promoting innovation in cost-effective capacitor solutions and strengthening domestic production capabilities.
The axial lead capacitors market research report is one of a series of new reports from The Business Research Company that provides axial lead capacitors market statistics, including the axial lead capacitors industry global market size, regional shares, competitors with the axial lead capacitors market share, detailed axial lead capacitors market segments, market trends, and opportunities, and any further data you may need to thrive in the axial lead capacitors industry. These axial lead capacitors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The axial lead capacitors market size has grown strongly in recent years. It will grow from $1.04 billion in 2025 to $1.11 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increased adoption in consumer electronics, rising automotive electronics demand, growth in industrial automation, expansion of telecommunications infrastructure, improvements in pcb manufacturing techniques.
The axial lead capacitors market size is expected to see strong growth in the next few years. It will grow to $1.4 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to advancements in smart mobility electronics, demand for electric vehicle systems, growth in iot-enabled devices, adoption in renewable energy electronics, integration into 5g and high-speed communication systems. Major trends in the forecast period include miniaturization and high-density pcb integration, enhanced reliability and long-life capacitors, high-frequency and rf circuit compatibility, low-esr and low-inductance designs, advanced material and dielectric innovations.
The growing demand for consumer electronics is expected to drive the expansion of the axial lead capacitors market in the coming years. Consumer electronics include devices and gadgets designed for everyday personal use, such as smartphones, tablets, televisions, audio systems, wearables, gaming consoles, and home appliances. This demand is rising due to the adoption of smart and connected devices, which require precise and reliable timing components to ensure smooth performance and connectivity. Axial lead capacitors improve consumer electronics by providing compact, efficient energy storage solutions, making them well-suited for space-limited devices. They contribute to stable power delivery and signal filtering, enhancing the performance and reliability of products like smartphones, wearables, and audio equipment. For example, in October 2023, the GSM Association, a UK-based non-profit organization, reported that nearly 4.3 billion people (53% of the global population) were using smartphones to access the internet, with around 80% of mobile internet users now on 4G or 5G smartphones-a growth of 330 million users from 2022 to 2023. Thus, the increasing demand for consumer electronics is fueling the axial lead capacitors market.
Leading companies in the axial lead capacitors market are focusing on innovation by developing products such as radial-leaded aluminum electrolytic capacitors to increase energy density, reduce size, and improve performance in advanced electronic applications. Radial-leaded aluminum electrolytic capacitors are cylindrical components with leads extending from the same end, allowing vertical mounting on printed circuit boards (PCBs). They utilize an aluminum anode and a liquid or solid electrolyte, with a thin oxide layer serving as the dielectric, enabling large electrical charge storage. For example, in April 2024, KYOCERA AVX, a US-based electronic components manufacturer, launched the RES Series of radial-leaded aluminum electrolytic capacitors, which offer high capacitance-voltage (CV) performance in compact sizes, ideal for high-density PCB assemblies. These wet electrolytic capacitors have a long lifespan of 5,000 to 7,000 hours at 105°C and support high ripple current, making them suitable for industrial, communication, and consumer electronics applications. The RES Series complies with RoHS, REACH, and CA Prop 65 standards and is available in five case sizes (5 to 8 mm in diameter and 11 to 20 mm in length) with four voltage ratings (16, 25, 35, and 50V). As the eighth addition to KYOCERA AVX's radial-leaded aluminum electrolytic capacitor portfolio since 2022, the RES Series enhances design flexibility by offering greater miniaturization and improved performance for modern electronic systems.
In April 2014, Cornell Dubilier Electronics Inc., a US-based manufacturing company, acquired the axial film capacitor product lines from SB Electronics for an undisclosed amount. Through this acquisition, Cornell Dubilier aimed to strengthen its film capacitor portfolio by incorporating higher voltage ratings (up to 5 kV DC) and 125 °C rated series to better support board-level power electronics applications. S.B. Electronics Inc. is a US-based company that manufactured and supplied axial lead film capacitors.
Major companies operating in the axial lead capacitors market are Panasonic Corporation, TDK Electronics AG, Murata Manufacturing Co. Ltd., Yageo Corporation, Vishay Intertechnology Inc., Taiyo Yuden Co. Ltd., Nichicon Corporation, Rubycon Corporation, Elna Co. Ltd., Cornell Dubilier Electronics Inc., WIMA GmbH & Co. KG, Exxelia International SAS, DesAI Electronics Pvt Ltd., Barker Microfarads, Tecate Group, Alcon Electronics Pvt Ltd., Kendeil S.r.l., Aerovox Corporation, Bycap Inc., KEMET Corporation, AVX Corporation
North America was the largest region in the axial lead capacitors market in 2025. The regions covered in the axial lead capacitors market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the axial lead capacitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The axial lead capacitors market consists of sales of mica capacitors, niobium capacitors, polymer capacitors, and glass capacitors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Axial Lead Capacitors Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses axial lead capacitors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for axial lead capacitors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The axial lead capacitors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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