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: ETC062564 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Electric Capacitor market currently, in 2023, has witnessed an HHI of 2220, Which has increased slightly as compared to the HHI of 2100 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 | Thailand Electric Capacitor Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Automotive Industry |
Thailand 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.
The Thailand Electric Capacitor Market presents a dynamic landscape characterized by steady growth and innovation. Capacitors, being integral to a wide range of applications, are witnessing heightened demand owing to the rapid advancements in technology and diversification across numerous industries. The electronics sector plays a pivotal role, driven by the increasing production of consumer electronics, telecommunications equipment, and industrial devices that require reliable energy storage solutions.
According to 6Wresearch, the Thailand Electric Capacitor Market is anticipated to grow at a CAGR of 4.5 % during the forecast period 2025-2031. The Thailand electric capacitor market is poised for significant growth due to multiple favorable factors. The expanding consumer electronics industry, alongside the surge in smart devices and IoT applications, is creating robust demand for advanced capacitors. Additionally, the shift toward renewable energy and the continued modernization of power infrastructure are driving investments in cutting-edge capacitor technologies. The country's strategic location and skilled workforce further attract foreign investments, fostering a competitive edge in manufacturing and innovation.
However, the market also faces several challenges. Fluctuating raw material prices, driven by global supply chain disruptions, can impact production costs and profitability for manufacturers. Furthermore, the increasing competition from other Asian markets with lower production costs presents a potential hurdle. To maintain its momentum, the industry must focus on sustainable practices, technological advancements, and strategic partnerships to overcome these challenges and continue its trajectory of growth.
The Thailand electric capacitor market is witnessing several notable trends that are shaping its development and growth. One key trend is the increasing adoption of high-performance capacitors in electric vehicles (EVs) and hybrid electric vehicles (HEVs), driven by the global push toward green mobility solutions. This has positioned Thailand as a pivotal hub in the production and supply chain of automotive electronics.Additionally, the rise of 5G technology and advanced telecommunication systems has escalated the demand for capacitors with high frequency and stability characteristics. This trend aligns with Thailand's ambitions to strengthen its digital infrastructure and become a regional leader in emerging technologies.
Another emerging trend is the focus on energy-efficient solutions. Capacitor manufacturers in Thailand are exploring innovations in solid-state capacitors and supercapacitors to support renewable energy systems and smart grid projects. These advancements boost energy storage efficiency and align with global sustainability goals, further strengthening the market's long-term outlook. Finally, the growing emphasis on research and development (R&D) partnerships between local firms and international technology providers is aiding the industry in leveraging advancements, maintaining competitiveness, and meeting evolving demand across various sectors.
Thailand electric capacitor industry presents lucrative investment opportunities for both domestic and international stakeholders. With the country's focus on expanding its digital infrastructure and renewable energy projects, sectors such as telecommunications, electric vehicles (EVs), and power management systems are key areas for growth. Investors can capitalize on the increasing adoption of high-performance capacitors in these sectors, particularly as the demand for next-generation technologies like 5G and IoT-integrated devices continues to expand.
Furthermore, government initiatives promoting sustainable energy and innovation provide a supportive environment for businesses targeting advancements in capacitor technologies, such as supercapacitors and energy-efficient solutions. Partnering with local manufacturers and R&D hubs also opens pathways for investors to leverage Thailand's growing technological expertise and cost-effective production capabilities. These factors underscore the market's potential for long-term, high-yield returns in alignment with global economic and sustainability trends.
Several leading players dominate the Thailand electric capacitor market share, driving innovation and setting benchmarks for quality and efficiency. Companies such as Murata Manufacturing Co., Ltd., Nippon Chemi-Con Corporation, and Samsung Electro-Mechanics have established a robust presence through their cutting-edge research, expansive product portfolios, and commitment to delivering high-performance capacitors tailored to diverse applications. These industry leaders actively invest in local production facilities, ensuring cost-effective operations while maintaining high manufacturing standards.
The government has implemented various regulations and policies to support the Thailand Electric Capacitor Market Growth while ensuring compliance with international standards. These regulations aim to promote sustainable development, environmental protection, and the competitiveness of the local industry. Key measures include tax incentives and subsidies for manufacturers adopting eco-friendly production methods, aligning with Thailand's commitment to reducing carbon emissions under global agreements.
Additionally, the government enforces strict quality standards for electronic components, requiring certification processes to guarantee the reliability and safety of locally produced capacitors. Custom duty exemptions on imported raw materials further encourage investment in the sector, fostering a favorable environment for both domestic and foreign manufacturers. Through these regulatory frameworks, Thailand seeks to position itself as a leading player in the global semiconductor and electronic components industry.
Thailand electric capacitor market is poised for significant growth over the coming years, driven by advancements in technology and increasing demand from key industries such as automotive, consumer electronics, and renewable energy. The ongoing global shift toward electric vehicles (EVs) and the rise of smart devices are expected to play a pivotal role in expanding the market as capacitors are essential components in these applications. Furthermore, Thailand’s dedication to becoming a regional hub for electronics manufacturing, coupled with strategic investments in research and development, will likely spur innovation and attract major international players to the market.
Emerging trends suggest that the adoption of energy-efficient capacitors, such as supercapacitors, will gain considerable traction as companies focus on sustainability and performance enhancement. Additionally, collaborations between private enterprises and government agencies are predicted to further fortify the industry with cutting-edge manufacturing practices and eco-friendly technologies. With a comprehensive strategy that balances market expansion, environmental responsibility, and technological innovation, Thailand's electric capacitor market is positioned for exponential growth and increased global competitiveness in the decade ahead. So, investing in this market can yield significant rewards for both local and international investors.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Parth, Senior Research Analyst, 6Wresearch, the supercapacitors are expected to experience the most significant growth in the coming years. This is largely driven by the global push for energy efficiency and the increased demand for renewable energy storage solutions. Supercapacitors, known for their high energy density and rapid charge-discharge cycles, are well-suited to meet the needs of modern industries focusing on sustainability and advanced technology adoption.
The polarized segment is anticipated to witness substantial growth over the forecast period. This growth is primarily driven by the increasing adoption of polarized capacitors in energy storage applications, renewable energy systems, and consumer electronics where stable capacitance and higher energy density are critical. Non-polarized capacitors also remain essential, particularly in applications such as AC circuits and audio systems. However, the demand for polarized capacitors is expected to outpace non-polarized ones due to their diverse applications in industries prioritizing compact and efficient energy storage solutions.
The low voltage segment is expected to experience significant growth during the forecast period. This expansion is fueled by an increasing demand for low voltage capacitors in consumer electronics, automotive applications, and renewable energy systems, where their compactness and efficiency play a crucial role. Meanwhile, the high voltage segment also continues to hold importance, particularly in industrial applications such as power grids, heavy machinery, and electric utilities. However, the rapid growth of sectors like smart devices and sustainable energy solutions is likely to drive stronger demand for low voltage capacitors in the coming years.
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 Thailand Electric Capacitor Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Electric Capacitor Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Electric Capacitor Market - Industry Life Cycle |
3.4 Thailand Electric Capacitor Market - Porter's Five Forces |
3.5 Thailand Electric Capacitor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Electric Capacitor Market Revenues & Volume Share, By Polarization, 2021 & 2031F |
3.7 Thailand Electric Capacitor Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Thailand Electric Capacitor Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.9 Thailand Electric Capacitor Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Thailand Electric Capacitor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Electric Capacitor Market Trends |
6 Thailand Electric Capacitor Market, By Types |
6.1 Thailand Electric Capacitor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Electric Capacitor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Thailand Electric Capacitor Market Revenues & Volume, By Aluminium, 2021 - 2031F |
6.1.4 Thailand Electric Capacitor Market Revenues & Volume, By Ceramic, 2021 - 2031F |
6.1.5 Thailand Electric Capacitor Market Revenues & Volume, By Tantalum, 2021 - 2031F |
6.1.6 Thailand Electric Capacitor Market Revenues & Volume, By Paper and Film, 2021 - 2031F |
6.1.7 Thailand Electric Capacitor Market Revenues & Volume, By Supercapacitor, 2021 - 2031F |
6.1.8 Thailand Electric Capacitor Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Thailand Electric Capacitor Market, By Polarization |
6.2.1 Overview and Analysis |
6.2.2 Thailand Electric Capacitor Market Revenues & Volume, By Polarized, 2021 - 2031F |
6.2.3 Thailand Electric Capacitor Market Revenues & Volume, By Non-Polarized, 2021 - 2031F |
6.3 Thailand Electric Capacitor Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Thailand Electric Capacitor Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.3.3 Thailand Electric Capacitor Market Revenues & Volume, By Low Voltage, 2021 - 2031F |
6.4 Thailand Electric Capacitor Market, By Mounting Type |
6.4.1 Overview and Analysis |
6.4.2 Thailand Electric Capacitor Market Revenues & Volume, By Large Cans, 2021 - 2031F |
6.4.3 Thailand Electric Capacitor Market Revenues & Volume, By Small Cans, 2021 - 2031F |
6.4.4 Thailand Electric Capacitor Market Revenues & Volume, By Through-hole, 2021 - 2031F |
6.4.5 Thailand Electric Capacitor Market Revenues & Volume, By Surface Mount, 2021 - 2031F |
6.5 Thailand Electric Capacitor Market, By Industry Vertical |
6.5.1 Overview and Analysis |
6.5.2 Thailand Electric Capacitor Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.5.3 Thailand Electric Capacitor Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.4 Thailand Electric Capacitor Market Revenues & Volume, By Communication & Technology, 2021 - 2031F |
6.5.5 Thailand Electric Capacitor Market Revenues & Volume, By Energy & Power, 2021 - 2031F |
6.5.6 Thailand Electric Capacitor Market Revenues & Volume, By Industrial Electronics, 2021 - 2031F |
6.5.7 Thailand Electric Capacitor Market Revenues & Volume, By Others, 2021 - 2031F |
7 Thailand Electric Capacitor Market Import-Export Trade Statistics |
7.1 Thailand Electric Capacitor Market Export to Major Countries |
7.2 Thailand Electric Capacitor Market Imports from Major Countries |
8 Thailand Electric Capacitor Market Key Performance Indicators |
9 Thailand Electric Capacitor Market - Opportunity Assessment |
9.1 Thailand Electric Capacitor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Electric Capacitor Market Opportunity Assessment, By Polarization, 2021 & 2031F |
9.3 Thailand Electric Capacitor Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.4 Thailand Electric Capacitor Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.5 Thailand Electric Capacitor Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Thailand Electric Capacitor Market - Competitive Landscape |
10.1 Thailand Electric Capacitor Market Revenue Share, By Companies, 2024 |
10.2 Thailand Electric Capacitor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |