Series Capacitor Market Analysis

Voltage Type (High, Low)

Series capacitor market for the high voltage segment is anticipated to hold the largest share of 56% during the projected period. In residential & commercial buildings, high-voltage capacitor are mainly used to ensure a continuous power supply and to transmit extra-high voltage (EHV) and ultra-high voltage (UHV). Additionally, because of its insulating qualities and capacity to withstand high temperatures, capacitor are becoming increasingly in demand across a wide range of industries. Further, as electronics have become more ingrained in customers' daily lives, more mobile phones, televisions, multimedia players, and smart televisions that make use of these devices are being produced. They can split the power system to increase the flexibility of the grid and provide enormous stability, power flow control, resilience, and reliability. Because of these advantages, HV capacitor are widely used in the chemical, electronics, utility, and automotive industries.

Application (Industrial, Automotive Electronic, Consumer Electronics, Energy)

Energy segment in the series capacitor market is expected to hold a share of 36% by the end of 2o36. The growth can be attributed to the increased demand for these capacitor banks owing to several benefits, including easy installation & maintenance, less assembly, simple design, and cost-effectiveness. They are widely used in energy and power applications for transmitting power over long distances. The ongoing projects undertaken by governments to enhance energy generation and distribution infrastructure will likely result in high demand for market. As per a report, compared to earlier projections of 867 TWh, the amount of electricity generated from fossil fuels for 2030 is now only 595 TWh. EU nations' proportion of renewable energy in power generation will rise from 55% to 63% by 2030. The number of renewable applications for EDLC has grown, opening up new application areas. Examples of these include solar-powered watches and display lights, among other small devices.

Our in-depth analysis of the global market includes the following segments:

Voltage Type	High Low
Application	Industrial Automotive Electronic Consumer Electronics Energy

Frequently Asked Questions (FAQ)

Growing use of series capacitor in renewable products, rising implementation in the medical industry, and increasing demand in the consumer electronics sector are the major factors driving the growth of the series capacitor market.

The market size of Series Capacitor is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024 â€“ 2036.

The major players in the market are General Electric, Vishay Intertechnology, Inc., AVX Corporation, Siemens AG, ABB Ltd, Rubycon Corporation, NICHICON CORPORATION, TDK Corporation, Panasonic Corporation, Murata Manufacturing Co., Ltd., and others.

The high segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Series Capacitor Market Analysis