Market Overview:
The global LIC capacitors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LIC capacitors in energy generation and storage, transportation, UPS, industrial machines, and other applications. In terms of type, the radial type segment is expected to lead the global LIC capacitors market during the forecast period. This segment is projected to grow at a CAGR of 6% from 2018 to 2030.
Product Definition:
LIC capacitors are a type of capacitor that uses a liquid as the dielectric. This type of capacitor is often used in high-voltage applications, due to its ability to withstand high voltages and its low leakage current. LIC capacitors are also relatively small and lightweight, making them ideal for use in portable devices.
Radial Type:
Radial type is a new concept in the Capacitors industry. It was introduced by top capacitor manufacturers to differentiate their products from the electrolytic and film capacitors. The main factor that differentiates these two types of capacitors is the radial structure of an electrolytic capacitor and a disk-shaped one for radial capacitors respectively.
Laminating Type:
Laminating type is a new concept in the capacitor industry. It helps to improve dielectric, mechanical and electrical properties of the capacitor by providing an additional layer of protection, insulation and metal on its surface. The laminating process involves rolling or coating multiple layers of material around a central core which is used in various applications such as bypassing capacitors for ICs, electrolytic & thermal capacitors and ceramic capacitors among others.
Application Insights:
The transportation segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The development of electric vehicles has led to an increased demand for energy storage capacitors, as they provide efficient power distribution and management solutions across various automotive applications.
Energy generation & storage application is expected to witness significant growth over the next eight years owing to its ability to store renewable energy sources such as wind and solar rays in batteries with high efficiency levels that can be utilized during periods when there is no wind or sun rays, thereby reducing electricity costs. Furthermore, these products are used across multiple applications including UPS systems, industrial machines and computers along with household appliances such as LED lightings which are widely utilized across commercial sectors worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for energy storage and electronics capacitors across several industrial, commercial, and residential applications in China, India, Japan, South Korea, Taiwan among other Asia Pacific countries.
The growing manufacturing sector in these economies coupled with supportive government policies aimed at promoting domestic production capabilities of various electronic products are expected to boost market growth over the forecast period. In addition there has been a significant rise in foreign direct investments made by companies such as Panasonic Corporation; Sanyo Electric Co., Ltd.; Fujitsu General Limited; and Samsung Electro-Mechanics Co., Ltd. among others which have significantly contributed towards regional market development since 2015 (See Table 1).
However North America is anticipated to remain dominant throughout the study period owing to early adoption of LICs along with their extensive usage in power distribution networks across U.S.
Growth Factors:
- Increasing demand for capacitors in the automotive industry
- Growing demand for capacitors in the consumer electronics industry
- Rising demand from developing countries
- Technological advancements in capacitor manufacturing process
- Growing popularity of energy-efficient and green technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
LIC Capacitors Market Research Report
By Type
Radial Type, Laminating Type
By Application
Energy Generation & Storage, Transportation, UPS, Industrial Machines, Others
By Companies
JM Energy, Taiyo Yuden, VINATech, Cap Energy, Jianghai, EVE Energy, TIG, JM Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global LIC Capacitors Market Report Segments:
The global LIC Capacitors market is segmented on the basis of:
Types
Radial Type, Laminating Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy Generation & Storage, Transportation, UPS, Industrial Machines, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JM Energy
- Taiyo Yuden
- VINATech
- Cap Energy
- Jianghai
- EVE Energy
- TIG
- JM Energy
Highlights of The LIC Capacitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radial Type
- Laminating Type
- By Application:
- Energy Generation & Storage
- Transportation
- UPS
- Industrial Machines
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LIC Capacitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LIC capacitors are low ESR, high temperature capacitors. They are used in applications where the capacitor must withstand high temperatures and/or have a low ESR.
Some of the key players operating in the lic capacitors market are JM Energy, Taiyo Yuden, VINATech, Cap Energy, Jianghai, EVE Energy, TIG, JM Energy.
The lic capacitors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LIC Capacitors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LIC Capacitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LIC Capacitors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LIC Capacitors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LIC Capacitors Market Size & Forecast, 2018-2028
4.5.1 LIC Capacitors Market Size and Y-o-Y Growth
4.5.2 LIC Capacitors Market Absolute $ Opportunity
Chapter 5 Global LIC Capacitors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LIC Capacitors Market Size Forecast by Type
5.2.1 Radial Type
5.2.2 Laminating Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LIC Capacitors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LIC Capacitors Market Size Forecast by Applications
6.2.1 Energy Generation & Storage
6.2.2 Transportation
6.2.3 UPS
6.2.4 Industrial Machines
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LIC Capacitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LIC Capacitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LIC Capacitors Analysis and Forecast
9.1 Introduction
9.2 North America LIC Capacitors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LIC Capacitors Market Size Forecast by Type
9.6.1 Radial Type
9.6.2 Laminating Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LIC Capacitors Market Size Forecast by Applications
9.10.1 Energy Generation & Storage
9.10.2 Transportation
9.10.3 UPS
9.10.4 Industrial Machines
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LIC Capacitors Analysis and Forecast
10.1 Introduction
10.2 Europe LIC Capacitors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LIC Capacitors Market Size Forecast by Type
10.6.1 Radial Type
10.6.2 Laminating Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LIC Capacitors Market Size Forecast by Applications
10.10.1 Energy Generation & Storage
10.10.2 Transportation
10.10.3 UPS
10.10.4 Industrial Machines
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LIC Capacitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LIC Capacitors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LIC Capacitors Market Size Forecast by Type
11.6.1 Radial Type
11.6.2 Laminating Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LIC Capacitors Market Size Forecast by Applications
11.10.1 Energy Generation & Storage
11.10.2 Transportation
11.10.3 UPS
11.10.4 Industrial Machines
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LIC Capacitors Analysis and Forecast
12.1 Introduction
12.2 Latin America LIC Capacitors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LIC Capacitors Market Size Forecast by Type
12.6.1 Radial Type
12.6.2 Laminating Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LIC Capacitors Market Size Forecast by Applications
12.10.1 Energy Generation & Storage
12.10.2 Transportation
12.10.3 UPS
12.10.4 Industrial Machines
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LIC Capacitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LIC Capacitors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LIC Capacitors Market Size Forecast by Type
13.6.1 Radial Type
13.6.2 Laminating Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LIC Capacitors Market Size Forecast by Applications
13.10.1 Energy Generation & Storage
13.10.2 Transportation
13.10.3 UPS
13.10.4 Industrial Machines
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LIC Capacitors Market: Competitive Dashboard
14.2 Global LIC Capacitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JM Energy
14.3.2 Taiyo Yuden
14.3.3 VINATech
14.3.4 Cap Energy
14.3.5 Jianghai
14.3.6 EVE Energy
14.3.7 TIG
14.3.8 JM Energy
