The need for capacitors is rising due to a variety of electronic equipment, such as computer motherboards, switching mode power supply, inverter main circuits, and control circuits.Wilmington, Delaware, United States, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global capacitor market was estimated at a value of US$ 31.7 billion in 2021. It is anticipated to register a 6.4% CAGR from 2022 to 2031 and by 2031, the market is likely to attain US$ 58.67 billion by 2031.