SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 233

HIGH PRIORITY MARKET

India Electrical Capacitor Market Forecast and Opportunities

2019

Key Players in India

Epcos India Pvt Ltd # 87 , The Centrum , 4th Floor , Infantry Rd Cross , Tasker Town , Shivaji Nagar , Bengaluru-560001 T : + 91-80-40390640 E : sales . in @ epcos . com , W : epcos . com Natarajan Balakrishnan , MD and CEO
Vishay Components India Pvt Ltd 140-d , Clover Centre , Solapur Road , Camp , Near Pune © Railway ), Camp , Pune-411001 T : + 91-20-30516200 E : sougata . ganguli @ vishay . com , W : vishay . com Rajan Shringarpure , MD & director
Globe Capacitors Ltd 30 / 8 , Industrial Area , N . I . T , Faridabad – 121001 T : + 91-129-4275500 , F : + 91-129-4275555 E : info @ globecapacitors . com W : globecapacitors . com Sanjay Agarwal , MD
Deki Electronics Ltd B-20 , Sector 58 , Noida , Uttar Pradesh 201307 T : + 91-120-2584687 / 88 , 2585457 / 58 , E : shariq @ dekielectronics . com , W : dekielectronics . com Vinod Sharma , MD
Victor Component Systems Pvt Ltd B-86 Okhla Industrial Area Phase-1 New Delhi - 110020 India T : 91-11-26372403-405 F : 91-11-26812668 E : hso @ victorcomponent . co . in , W : victorcomponent . co . in Pawan Sharma , MD
Keltron Component Complex Ltd Post : Kalliassery , Kannur – 670 562 , Kerala T : 0497-2780831-34 , F : 0497 – 2781055 E : kelmktg @ gmail . com , W : keltroncomp . org PS Anandanarayan , MD
Genius Electrical & Electronics Pvt Ltd C-144 , Mayapuri Industrial Area , Phase-ii , Mayapuri Industrial Area , New Delhi – 110064 T : + 91-11-8113545 , 28117826 , 28116013 E : genius66 @ vsnl . net , W : geniusindia . com Satish Jain , MD
Watts Electronics Pvt Ltd 41 / 2296 , Veekshanam Road ( East End ), Cochin - 682018 T : + 91-484-2368022 , F : + 91-484-2371008 E : watts @ wattselectronics . in W : wattselectronics . co . in S Ramakrishnan , Director , mkt and sales
Over the last few years , the demand for
According to “ India Electrical Capacitor
electrical products like capacitors has
Market Forecast & Opportunities , 2019 ”,
been on the rise in India . Being a
the market for electrical capacitors in
passive electrical component ,
India is expected to grow at a CAGR of
capacitors are widely being integrated
around 3.6 % during 2014 - 19 . Major
in consumer electronics , telecom
demand for capacitors is likely to come
devices , automotive equipment , and IT
from consumer durable , IT hardware ,
hardware . Capacitors are used in
industrial & infrastructure , and
manufacturing most of the popular and
automotive sector . Region-wise , a large
fast selling consumer electronic devices
chunk of demand would emanate from
such as smartphones , laptops , desktop
southern region of the country due to
PCs , tables , camcorders , etc . Recent
the presence of various electronic and
government initiatives towards
hi-tech zones across cities like
digitization have further influenced the
Bangalore Chennai and Hyderabad .
demand for electrical capacitors in the
Electrolytic and ceramic electrical
country . However , India has very limited
capacitors are projected to contribute a
manufacturing base for capacitors ,
lion ’ s share in overall market revenues
predominantly due to existing
during the forecast period . Adoption of
technological challenges and lack of
other capacitors such as polymer &
skilled manpower . As a result , the
hybrid capacitors , solid double layer
country mainly relies on imports from
capacitor ( super capacitor ) and multiother
Asian countries like China , Japan ,
layer ceramic capacitor would also
South Korea and Singapore .
increase by 2019 .

India Electrical Capacitor Market to Grow at 3.6 % until 2019

Electrolytic and Ceramic Capacitors to
the same . Although India majorly relies
capture major market share in India
on imports of numerous electronics
Electrical Capacitor Market during
products , equipment and components
2014-19 . Capacitor is a key passive
from other countries , primarily China ,
electrical component used to store
Japan and Taiwan , the country ’ s
energy in electrical and electronic
Electronic System Design &
equipment or devices . In India , the
Manufacturing ( ESDM ) market has
demand for electrical capacitor is
witnessed a significant transformation
expected to increase primarily due to
over the past few years . In addition , the
rising demand for consumer durables , IT
government ’ s support of allowing 100 %
hardware coupled with use of electrical
FDI in the electronics hardware
circuitry in diverse applications . Various
manufacturing sector has provided an
types of capacitors that are available in
automatic route for increasing electronic
the market include electrolytic , ceramic ,
component manufacturing , including
film , solid double layer , carbon ,
electrical capacitors in the country .
dielectric and paper & plastic . Despite
According to a recently published report
significant demand for capacitors , India
by TechSci Research “ India Electrical
lags behind in capacitor manufacturing
Capacitor Market Forecast and
due to lack of manufacturing base for
Opportunities , 2019 ”, the country ’ s
Spotlight on Indian Electronics 2016 | 233