Global Discrete Capacitor Market – Industry Analysis and Forecast (2019-2027)

Global discrete capacitor market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 5.1% during the forecast period.
Global Discrete Capacitor Market: Regional Analysis

Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The economies such as China, India, Japan and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for electronics and semiconductor manufacturing industry across the region.
A surge in the demand for high performing electric circuits for several industrial applications, growing market for IoT devices, increasing demand for technologically advanced capacitors in renewable energy field and rising adoption of discrete capacitors in automotive industry for hybrid and electric cars are driving the growth of the market. Additionally, rising initiatives and investments by the government to improve electronics industry across the region is expected to expand market growth in the APAC region.

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