Market Forecast By Type (Aluminium, Ceramic, Tantalum, Paper and Film, Supercapacitor, Others), By Polarization (Polarized, Non-Polarized), By Voltage (High Voltage, Low Voltage), By Mounting Type (Large Cans, Small Cans, Through-hole, Surface Mount), By Industry Vertical (Consumer Electronics, Automotive, Communication & Technology, Energy & Power, Industrial Electronics, Others) And Competitive Landscape
Product Code: ETC062567 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Electric Capacitor market currently, in 2023, has witnessed an HHI of 1785, Which has decreased slightly as compared to the HHI of 2715 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Indonesia Electic Capacitor Market |
Forecast period | 2025-2031 |
CAGR | 8.94% |
Growing Sector | Consumer Electornic Sector |
Indonesia Electric Capacitor Market report thoroughly covers the market By Type, By Polarization, By Voltage, By Mounting Type and By Industry Vertical. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia Electric Capacitor Market is experiencing steady growth, driven by the country's expanding industrial base and increasing demand for electronic devices. With the rise in infrastructure development and advancements in renewable energy projects, capacitors are becoming essential components in power distribution and energy storage systems. Additionally, the growth of industries such as automotive, telecommunications, and consumer electronics has further fueled the demand for electric capacitors. Government initiatives promoting industrial modernization and the adoption of energy-efficient technologies also play a pivotal role in shaping the market's dynamics.
According to 6Wresearch, the Indonesia Electric Capacitor Market is anticipated to grow at a CAGR of 8.94 % during the forecast period 2025-2031. The Indonesia electric capacitor market is expected to witness significant growth in the coming years due to factors such as the increasing demand for consumer electronics, government initiatives towards digitalization, and the growing automotive sector. However, there are also some challenges that may hinder the Indonesia Electric Capacitor Market Growth. One major challenge is the availability of low-quality and counterfeit products. The influx of cheap electric capacitors from neighboring countries may pose a threat to local manufacturers who prioritize quality over price. This can affect consumer trust and hinder market growth. Another challenge is the lack of awareness among consumers about the benefits of using high-quality electric capacitors. Many consumers still prioritize cost over quality, which can lead to a decrease in demand for premium electric capacitors.
Moreover, the volatility of raw material prices and the fluctuating currency exchange rates can also impact the growth of the electric capacitor market in Indonesia. To combat these challenges, manufacturers need to focus on producing high-quality products at competitive prices and educate consumers about the benefits of using reliable electric capacitors.
Some of the key trends that are expected to drive the electric capacitor market in Indonesia include the increasing demand for miniaturized electronic devices, advancements in technology, and the rise of smart grid systems. The miniaturization trend has led to a higher demand for compact and lightweight electric capacitors that can be easily integrated into smaller electronic devices. This trend is expected to continue as consumers increasingly prioritize portability and convenience.
Advancements in technology have also paved the way for new types of electric capacitors such as supercapacitors and hybrid capacitors. These offer higher energy storage capacity and faster charging times, making them ideal for various applications including consumer electronics, automotive, and renewable energy systems. Additionally, the implementation of smart grid systems in Indonesia is expected to create a significant demand for electric capacitors. These systems require high-quality energy storage solutions to maintain efficient power supply and manage peak loads.
The growing demand for electric capacitors in Indonesia presents various investment opportunities for manufacturers and investors. Some potential areas of investment include:
Indonesia Electric Capacitor Market is characterized by the presence of both global and local players that supply a wide range of capacitors for various applications, including consumer electronics, automotive, industrial, and energy sectors. Prominent global manufacturers such as Panasonic, Nichicon, Rubycon, and Taiyo Yuden have a strong presence in the market, providing high-quality capacitors used in power supplies, consumer electronics, automotive systems, and renewable energy applications. These companies are known for their innovative technologies, extensive product portfolios, and commitment to meeting international quality and safety standards. Local players, such as PT. Elang Sakti and PT. Infovasi also play a significant role in the market by catering to the growing demand for capacitors in the domestic industrial and consumer electronics sectors. These companies often focus on providing cost-effective solutions tailored to local requirements, helping to support Indonesia’s rapidly expanding electronics manufacturing sector.
The Indonesia electric capacitor market is governed by various government regulations that ensure the safety, quality, and environmental sustainability of electrical components. The National Standardization Agency of Indonesia (BSN) plays a crucial role in establishing and enforcing the national standards for electrical components, including capacitors. These standards are aligned with international norms such as those set by the International Electrotechnical Commission (IEC) and the Association of Electrical and Electronics Engineers (IEEE), ensuring the reliability and safety of capacitors used in consumer electronics, industrial applications, and power systems. Indonesia also enforces regulations on environmental impact, particularly concerning the use of hazardous substances in electronic components. The country adheres to the RoHS (Restriction of Hazardous Substances) directive, which limits the use of materials such as lead, mercury, and cadmium in the manufacturing of capacitors. This regulation is part of the government’s broader efforts to align with global sustainability practices and reduce the environmental impact of electronic waste.
In addition, Indonesia’s Ministry of Industry and the Ministry of Environment and Forestry regulate the recycling and disposal of electronic waste, including capacitors, under the Electronic Waste Management (E-Waste) Regulation. This regulation encourages manufacturers to adopt environmentally responsible practices, such as recycling and reusing electronic components, to reduce the environmental burden caused by e-waste. To foster innovation and technological advancement, the Indonesian government also provides incentives for research and development (R&D) in the electronics sector, which includes capacitor technology. Companies engaged in R&D are often eligible for tax breaks or other financial support, further driving the development of high-performance and energy-efficient capacitors.
The future of the Indonesia electric capacitor industry looks promising, driven by increasing demand across multiple industries, including automotive, renewable energy, consumer electronics, and industrial automation. As Indonesia continues to invest in sustainable energy solutions, the demand for capacitors used in renewable energy systems such as solar and wind power is expected to grow significantly. Capacitors play a crucial role in energy storage, voltage regulation, and power conditioning, making them indispensable in energy-efficient systems and the development of smart grids. The rise of electric vehicles (EVs) and charging infrastructure in Indonesia will further boost the demand for high-performance capacitors, particularly in powertrain systems and fast-charging stations. The continued growth of the electronics market, fueled by the demand for smartphones, laptops, wearables, and IoT devices, will also drive the need for compact and high-performance capacitors.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Parth, Senior Research Analyst,6Wresearch, the supercapacitor segment is expected to experience significant growth in the coming years. This growth is driven by the increasing demand for energy storage solutions, particularly in applications such as electric vehicles (EVs), renewable energy systems, and energy-efficient technologies.
The polarized capacitor segment is expected to experience significant growth, primarily driven by the increasing demand in power supply applications, energy storage, and automotive industries. Polarized capacitors, such as aluminum electrolytic and tantalum capacitors, are favored for their high capacitance and efficiency in handling high-voltage applications, making them essential for use in power conditioning, voltage regulation, and energy storage systems. Their widespread use in power supplies, automotive electronics, renewable energy systems, and electric vehicles (EVs) contributes to their growing demand in Indonesia.
The low voltage capacitor segment is expected to experience stronger growth compared to the high voltage segment. Low voltage capacitors, such as ceramic, aluminum electrolytic, and film capacitors, are widely used in consumer electronics, telecommunications, automotive electronics, and industrial automation. The growing demand for smartphones, laptops, wearable devices, IoT applications, and energy-efficient solutions drives the need for low voltage capacitors.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Electric Capacitor Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Electric Capacitor Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Electric Capacitor Market - Industry Life Cycle |
3.4 Indonesia Electric Capacitor Market - Porter's Five Forces |
3.5 Indonesia Electric Capacitor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Electric Capacitor Market Revenues & Volume Share, By Polarization, 2021 & 2031F |
3.7 Indonesia Electric Capacitor Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Indonesia Electric Capacitor Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.9 Indonesia Electric Capacitor Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Indonesia Electric Capacitor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Electric Capacitor Market Trends |
6 Indonesia Electric Capacitor Market, By Types |
6.1 Indonesia Electric Capacitor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Electric Capacitor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Indonesia Electric Capacitor Market Revenues & Volume, By Aluminium, 2021 - 2031F |
6.1.4 Indonesia Electric Capacitor Market Revenues & Volume, By Ceramic, 2021 - 2031F |
6.1.5 Indonesia Electric Capacitor Market Revenues & Volume, By Tantalum, 2021 - 2031F |
6.1.6 Indonesia Electric Capacitor Market Revenues & Volume, By Paper and Film, 2021 - 2031F |
6.1.7 Indonesia Electric Capacitor Market Revenues & Volume, By Supercapacitor, 2021 - 2031F |
6.1.8 Indonesia Electric Capacitor Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Indonesia Electric Capacitor Market, By Polarization |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Electric Capacitor Market Revenues & Volume, By Polarized, 2021 - 2031F |
6.2.3 Indonesia Electric Capacitor Market Revenues & Volume, By Non-Polarized, 2021 - 2031F |
6.3 Indonesia Electric Capacitor Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Electric Capacitor Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.3.3 Indonesia Electric Capacitor Market Revenues & Volume, By Low Voltage, 2021 - 2031F |
6.4 Indonesia Electric Capacitor Market, By Mounting Type |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Electric Capacitor Market Revenues & Volume, By Large Cans, 2021 - 2031F |