Electronics Era

  • About Us
  • Advertise with Us
  • Contact Us
  • e-Mag
  • Webinars
Header logo on website
Menu
  • News
    • Industry News
    • Product News
  • TECH ROOM
    • Semiconductor
    • AI/ML
    • Industry 4.0
    • IoT-Internet of Things
    • Robotic
    • Sensor
    • Security
    • VR / AR
    • Embedded
    • Power Electronics
    • Smart Machine
    • LED & Lighting
    • Medical Electronics
    • Telecom
    • Blockchain
    • Automation
    • 5G/6G
    • SMT/PCB/EMS
  • AUTOMOTIVE ELECTRONICS
    • EVs
    • HEVs
    • ADAS
    • Connected Cars
  • A & D
  • T & M
    • 5G testing
    • Oscilloscopes
    • SDN & NFV
    • RF & Wireless
  • RENEWABLES
    • Sustainability
  • DATA & CLOUD
    • Data Center
    • Cloud Computing
    • Big Data Analytics
  • Editor’s Pick
    • Tech Blog
    • Tech Article
    • White Papers
    • In Talks
    • Market Research
  • MORE
    • Webinars
    • Events
    • E-Mag
    • Subscription
    • Contact Us
Menu
  • News
    • Industry News
    • Product News
  • TECH ROOM
    • Semiconductor
    • AI/ML
    • Industry 4.0
    • IoT-Internet of Things
    • Robotic
    • Sensor
    • Security
    • VR / AR
    • Embedded
    • Power Electronics
    • Smart Machine
    • LED & Lighting
    • Medical Electronics
    • Telecom
    • Blockchain
    • Automation
    • 5G/6G
    • SMT/PCB/EMS
  • AUTOMOTIVE ELECTRONICS
    • EVs
    • HEVs
    • ADAS
    • Connected Cars
  • A & D
  • T & M
    • 5G testing
    • Oscilloscopes
    • SDN & NFV
    • RF & Wireless
  • RENEWABLES
    • Sustainability
  • DATA & CLOUD
    • Data Center
    • Cloud Computing
    • Big Data Analytics
  • Editor’s Pick
    • Tech Blog
    • Tech Article
    • White Papers
    • In Talks
    • Market Research
  • MORE
    • Webinars
    • Events
    • E-Mag
    • Subscription
    • Contact Us
Home News Industry News

How Vehicle Electrification is Driving the Growth of Power Capacitor Market

Capacitor technology evolution is mainly driven by the xEV sub-segment

Editorial by Editorial
April 20, 2023
in Industry News
Reading Time: 1 min read
Yole Intelligence
Share on FacebookShare on Twitter

LYON, France – Capacitor costs represented about 10% of the total power converter costs in 2022. Film capacitors are the most used for high power levels and as a matter of fact, are the most expensive type of capacitors. Therefore, the cost of capacitors in a power converter increases with the system’s power level, as more capacitors are needed. Yole Intelligence, part of Yole Group, forecasts that the overall capacitor market for power converters will grow from around US$4.9 billion in 2022 to US$7.0 billion by 2028, with a CAGR2022-2028 of 5.9%.

According to Shalu Agarwal, Ph.D., Senior Analyst, Power Electronics and Materials activities, within the Power & Wireless division at Yole Intelligence: “Film capacitors show the most significant growth, representing a market of around US$3.9 billion in 2022. Electrolytic capacitors and MLCC s are mainly used for low- to medium-voltage ranges and will grow with CAGRs 2022-2028 of 5.7% and 5.1%, respectively.”

Capacitors for xEVs will increase their share of the power capacitor market from 29% in 2022 to 44% by 2028. Therefore, many capacitor companies are willing to expand their business and focus on the automotive industry’s current and future needs.

In this context, Yole Intelligence releases its new market & technology report: Capacitors for Power Converters 2023. Among the passive components of power converters, most innovations are focused on capacitor technology. With this new power electronics study, the company analyzes the technology and market trends for capacitors used in power converters.

Tags: power capacitorpower convertersVehicle ElectrificationYole GroupYole Intelligence
Editorial

Editorial

Join Our Newsletter

* indicates required
Electronics Era

Electronics Era, India's no.1 growing B2B news forum on Electronics and Cutting Edge Technology is exploring the editorial opportunity for organizations working in the Electronics Manufacturing Services(EMS) Industry.

Follow Us

Browse by Category

  • 5G testing
  • 5G/6G
  • A & D
  • ADAS
  • AI/ML
  • Automation
  • AUTOMOTIVE ELECTRONICS
  • Big Data Analytics
  • Blockchain
  • Cloud Computing
  • Connected Cars
  • DATA & CLOUD
  • Data Center
  • Embedded
  • EVs
  • HEVs
  • In Talks
  • Industry 4.0
  • Industry News
  • IoT-Internet of Things
  • LED & Lighting
  • Market Research
  • Medical Electronics
  • News
  • Oscilloscopes
  • Power Electronics
  • Product News
  • RENEWABLES
  • RF & Wireless
  • Robotic
  • SDN & NFV
  • Security
  • Semiconductor
  • Sensor
  • Smart Machine
  • SMT/PCB/EMS
  • Sustainability
  • T & M
  • Tech Article
  • Tech Blog
  • TECH ROOM
  • Telecom
  • Uncategorized
  • VR / AR
  • White Papers

Recent News

Destination Earth

Thales Alenia Space will partner with Serco to implement the DESP

June 6, 2023
element14

Avnet Announced Results for its Third Quarter of Fiscal 2023

June 6, 2023
  • About Us
  • Advertise with Us
  • Contact Us

© 2022-23 TechZone Print Media | All Rights Reserved

No Result
View All Result
  • News
    • Industry News
    • Product News
  • TECH ROOM
    • Semiconductor
    • AI/ML
    • Industry 4.0
    • IoT-Internet of Things
    • Robotic
    • Sensor
    • Security
    • VR / AR
    • Embedded
    • Power Electronics
    • Smart Machine
    • LED & Lighting
    • Medical Electronics
    • Telecom
    • Blockchain
    • Automation
    • 5G/6G
    • SMT/PCB/EMS
  • AUTOMOTIVE ELECTRONICS
    • EVs
    • HEVs
    • ADAS
    • Connected Cars
  • A & D
  • T & M
    • 5G testing
    • Oscilloscopes
    • SDN & NFV
    • RF & Wireless
  • RENEWABLES
    • Sustainability
  • DATA & CLOUD
    • Data Center
    • Cloud Computing
    • Big Data Analytics
  • Editor’s Pick
    • Tech Blog
    • Tech Article
    • White Papers
    • In Talks
    • Market Research
  • MORE
    • Webinars
    • Events
    • E-Mag
    • Subscription
    • Contact Us

© 2022-23 TechZone Print Media | All Rights Reserved