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