Development History Of Safety Capacitor Manufacturing Industry

The rapid development trend of China's safety capacitor manufacturing industry began in the 1990s, driven by domestic color TV production and manufacturing. By the 1990s, China's mobile communication, electronic devices, and household appliances had already taken off. Capacitors have gained unprecedented development opportunities. The product updates are rapid, the industrial chain is basically formed, and the independent innovation ability of enterprises is improved. Therefore, China has gradually become a major global producer and exporter of capacitors. The market size of capacitors will exceed 100 billion yuan.

According to the "Analysis Report on Market Outlook and Investment Strategy Planning of China's Capacitor Industry from 2018 to 2023" released by the Forward looking Industry Research Institute, there are currently over 600 capacitor factories with a certain scale in China, with sales reaching 63.7 billion yuan. It is expected that by 2019, the capacitor market will exceed 100 billion yuan and reach 110.16 billion yuan. Secondly, the capacitor industry should further enhance independent innovation and comprehensive competitiveness, accelerate industrial structure upgrading, move closer to mid to high end products, continuously eliminate outdated production capacity, achieve a transformation from large to strong, and become a global power in capacitor production.