Market Overview:
The global lighting capacitor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of using capacitors in lighting applications. The global lighting capacitor market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into dry type capacitors and oil filled type capacitors. Dry type capacitors are further classified into molded case capacitors and disc-type capacitors. Oil filled type capacitors are further classified into aluminum electrolytic capacitor and tantalum electrolytic capacitor. On the basis of application, the market is divided into consumer electronics, automobile, industrial machinery & equipment, medical devices & equipment, LED lights & fixtures manufacturing sector (including general illumination), signage industry (including backlighting), stage/theater lights (including frontlighting), traffic signals (including stoplights) among others segments .Regionally speaking , North America dominates global Lighting Capacitor Market with highest share followed by Europe Asia Pacific region respectively due to high adoption rate across various industries such as automotive ,consumer electronics etc .
Product Definition:
A capacitor is an electronic component that stores energy in the form of an electric field. When voltage is applied, the capacitor will discharge energy through its terminals. Lighting capacitors are used to store energy for use in lighting fixtures. They are typically smaller than other types of capacitors, and are designed to deliver quick bursts of power rather than continuous current. Lighting capacitors play an important role in ensuring that lighting fixtures operate properly and efficiently.
Dry Type Lighting Capacitor:
Dry type lighting capacitor is a non- electrolytic capacitors having no liquid electrolyte. It acts as an independent unit in the circuit and can be replaced without affecting other parts of the circuit. Dry type lighting capacitor has higher operating temperature, handling capacity and faster charging time than wet type counterparts.
Oil Filled Type Capacitor:
An oil-filled type capacitor is a ceramic or plastic container filled with an oil-based dielectric medium. The capacitors are used in applications where high reliability and temperature performance are required. They find major application in the lighting industry as they can operate at higher temperatures than air conditioning capacitors without suffering any damage.
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of LEDs in televisions, smartphones, laptops and other electronic devices as well as growing demand for high-resolution displays across various applications such as advertisement, HD video conference systems and gaming consoles.
Automobile is expected to be one of the fastest-growing segments owing to rising adoption of LED headlights with advanced features such as adaptive front lighting system (AFS), headlight washes and rain sensing wipers among others that improve visibility on wet roads at night time without using additional electricity or occupying extra space on dashboardboards. This will result in increased demand for capacitors during future years which will fuel product growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The growth can be attributed to increasing demand for energy-efficient lighting solutions in countries, such as China and India. In addition, rising adoption of LEDs in commercial sectors and rapid industrialization are also likely to drive regional market growth over the next eight years.
Europe was valued at USD X million in 2017 owing to high product demand from key markets including Germany, U.K., France and Italy among others. Moreover, growing use of capacitors across several industries including consumer electronics & appliances (LEDs), automobile (LED lighting) is further anticipated to propel industry expansion over the coming years.
Growth Factors:
- Increasing demand from the automotive sector: The global automotive lighting capacitor market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for energy-efficient and high-performance lighting systems in vehicles.
- Growing demand for LED lights: The global LED lighting market is projected to grow at a CAGR of 13% during the forecast period, owing to its energy-efficiency and long life span as compared to other light sources such as CFLs and incandescent bulbs. This is likely to boost the growth of the lighting capacitor market over the next few years.
- Rising awareness about energy conservation: There has been a growing awareness among consumers about conserving energy and its benefits in recent years, which is likely to fuel the growth ofthe lighting capacitor market in coming years .This can be attributedto government initiatives aimed at promotingenergy conservation across various countries worldwide .For instance,the U .S Departmentof Energyhas launched several campaigns such as “Energy Star”and “Better Buildings Challenge”to promoteenergy efficiencyin residentialand commercial buildings respectively .Such campaigns are expected tobuild on consumerawarenessaboutlightingcapacitorsandsustain theirdemandin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Capacitor Market Research Report
By Type
Dry Type Lighting Capacitor, Oil Filled Type Capacitor
By Application
Consumer Electronics, Automobile, Others
By Companies
Aerovox Corp., Capacitor Industries, Tibcon Capacitors, Hydra, Cornell Dubilier, ACDC Dynamics, ELCO, Electrical Components Sdn Bhd, CapacitorKing
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Capacitor Market Report Segments:
The global Lighting Capacitor market is segmented on the basis of:
Types
Dry Type Lighting Capacitor, Oil Filled Type Capacitor
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
Consumer Electronics, Automobile, 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:
- Aerovox Corp.
- Capacitor Industries
- Tibcon Capacitors
- Hydra
- Cornell Dubilier
- ACDC Dynamics
- ELCO
- Electrical Components Sdn Bhd
- CapacitorKing
Highlights of The Lighting Capacitor 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:
- Dry Type Lighting Capacitor
- Oil Filled Type Capacitor
- By Application:
- Consumer Electronics
- Automobile
- 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 Lighting Capacitor 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
A lighting capacitor is a device that stores energy from an electric discharge and releases it slowly over time. This allows lights to stay on for a longer period of time without needing to be recharged.
Some of the major companies in the lighting capacitor market are Aerovox Corp., Capacitor Industries, Tibcon Capacitors, Hydra, Cornell Dubilier, ACDC Dynamics, ELCO, Electrical Components Sdn Bhd, CapacitorKing.
The lighting capacitor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Capacitor 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 Lighting Capacitor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lighting Capacitor 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 Lighting Capacitor 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 Lighting Capacitor Market Size & Forecast, 2020-2028
4.5.1 Lighting Capacitor Market Size and Y-o-Y Growth
4.5.2 Lighting Capacitor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Dry Type Lighting Capacitor
5.2.2 Oil Filled Type Capacitor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automobile
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lighting Capacitor 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 Lighting Capacitor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Dry Type Lighting Capacitor
9.6.2 Oil Filled Type Capacitor
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automobile
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Dry Type Lighting Capacitor
10.6.2 Oil Filled Type Capacitor
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automobile
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Dry Type Lighting Capacitor
11.6.2 Oil Filled Type Capacitor
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automobile
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Dry Type Lighting Capacitor
12.6.2 Oil Filled Type Capacitor
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automobile
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Dry Type Lighting Capacitor
13.6.2 Oil Filled Type Capacitor
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automobile
13.10.3 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 Lighting Capacitor Market: Competitive Dashboard
14.2 Global Lighting Capacitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aerovox Corp.
14.3.2 Capacitor Industries
14.3.3 Tibcon Capacitors
14.3.4 Hydra
14.3.5 Cornell Dubilier
14.3.6 ACDC Dynamics
14.3.7 ELCO
14.3.8 Electrical Components Sdn Bhd
14.3.9 CapacitorKing
