Capacitors for Industrial Electronics: Markets and Opportunities 2015
The “Industrial End-Use Market” for capacitors constitutes about 20% of the global capacitor industry for FY 2015 worth almost $4 billion USD. The “Industrial End-Use Market Segment” is a basket category and therefore the definition of what constitutes an industrial grade capacitor will differ by region.
But for the purposes of this article, we are including all products that would qualify as “industrial-grade” regardless of region. The primary areas of consumption for capacitors in the industrial segment is in power transmission and distribution; motors and drives, renewable energy, lighting, power supplies and the myriad of capacitor specific markets in power electronics that require power smoothing, power factor correction, circuit protection or burst power. Paumanok also extends its definition of industrial capacitors here to include white goods, lasers, rail guns, traction, furnaces, broadcast transmitters, radar, welding and external defibrillators, that have industrial grade capacitor requirements This article is designed to offer the reader a glimpse into the industrial end-use market segment for capacitors in 2015.