Single Layer Chip Capacitors

Single Layer Chip Capacitors Market Outlook

The global Single Layer Chip Capacitors market is poised to reach an estimated value of approximately $3.5 billion by 2035, with a compound annual growth rate (CAGR) of around 7.2% during the forecast period from 2025 to 2035. This upward trajectory is primarily driven by the growing demand for miniaturized electronic components across various sectors, including consumer electronics and automotive industries. The proliferation of advanced consumer gadgets, along with the increasing adoption of electric vehicles, has significantly augmented the need for compact and efficient capacitors. Additionally, the trend toward the Internet of Things (IoT) and smart electronics is further accelerating the adoption of single-layer chip capacitors, as they are crucial in providing energy storage and filtering capabilities in ultra-compact designs. Furthermore, advancements in manufacturing technologies and the rising focus on renewable energy solutions are expected to provide substantial growth opportunities for manufacturers in this segment.

Growth Factor of the Market

One of the pivotal growth factors for the Single Layer Chip Capacitors market is the rapid advancement in consumer electronics, which demands compact and efficient components. As devices become smaller and more powerful, chip capacitors must also evolve to meet these new requirements. Moreover, the rising trend of electric vehicles (EVs) has created a strong demand for high-performance capacitors that can manage power fluctuations and enhance energy efficiency. The automotive sector's shift toward electrification is expected to significantly drive the demand for single-layer capacitors. Additionally, the increasing investment in telecommunications infrastructure, particularly in 5G technology, will further propel the market since these capacitors play a critical role in signal processing and power management. The growing emphasis on renewable energy solutions, such as solar and wind energy, will also contribute to market expansion, as these applications require reliable and durable energy storage systems that often incorporate chip capacitors.

Key Highlights of the Market

• The market is projected to grow at a CAGR of 7.2% from 2025 to 2035.
• Consumer electronics and automotive applications are the primary drivers of market growth.
• Advancements in manufacturing technologies are enhancing product efficiency and reducing costs.
• Rising demand for renewable energy solutions is creating new opportunities for capacitor applications.
• The increasing focus on miniaturization in electronics is boosting the market for single-layer chip capacitors.

By Product Type

Ceramic Capacitors:

Ceramic capacitors are widely used in the Single Layer Chip Capacitors market due to their high stability and reliability in various applications. These capacitors are favored for their ability to operate over a broad temperature range and their non-polarized nature, making them ideal for applications requiring high capacitance values with minimal variation. Moreover, the inherent low cost and availability of various dielectric materials used in manufacturing ceramic capacitors contribute to their widespread adoption. They find extensive usage in consumer electronics, automotive systems, and telecommunications equipment, particularly in RF circuits and filtering applications, ensuring efficient performance in miniaturized designs.

Tantalum Capacitors:

Tantalum capacitors are known for their high capacitance density and stability, making them a preferred choice in high-performance applications. They are especially valued in situations where small size and reliability are critical, such as in telecommunications and aerospace systems. The tantalum oxide layer formed during manufacturing provides excellent electrostatic properties, offering improved reliability and performance under varying conditions. Given the increasing technological advancements and the growing demand for compact electronic devices, the tantalum capacitor segment is expected to witness substantial growth over the forecast period. Their application in medical devices and military electronics further emphasizes their importance in the market.

Aluminum Capacitors:

Aluminum capacitors are pivotal in the Single Layer Chip Capacitors market due to their cost-effectiveness and versatility. They are extensively utilized in power electronics, automotive applications, and consumer electronics. The significant advantage of aluminum capacitors lies in their ability to handle higher voltages and capacitance values compared to other types. This characteristic makes them ideal for applications requiring significant energy storage and filtering capabilities. As the demand for energy-efficient solutions grows, the aluminum capacitor segment is expected to expand, particularly in industries focused on sustainability and energy conservation. Innovations in aluminum electrolytic capacitor technology, such as the development of low-ESR variants, are further enhancing their market appeal.

Film Capacitors:

Film capacitors are characterized by their high insulation resistance and low self-inductance, making them suitable for various applications, including audio and video equipment, automotive, and power electronics. These capacitors offer excellent performance in terms of durability and stability under high-frequency operations. The increasing integration of advanced electronic systems in consumer products and the automotive sector is driving the demand for film capacitors, as they help manage power surges and provide stable energy storage. Furthermore, the trend toward environmentally friendly and recyclable materials in electronic components is boosting the popularity of film capacitors, which are often made from non-toxic materials.

Supercapacitors:

Supercapacitors, or ultracapacitors, are gaining traction in the Single Layer Chip Capacitors market due to their exceptional energy storage capabilities and rapid charge/discharge rates. They are particularly useful in applications requiring quick energy bursts, such as in hybrid vehicles and renewable energy systems. As industries continue to focus on energy efficiency and storage solutions, the demand for supercapacitors is expected to rise significantly. Their unique properties, such as high power density and long cycle life, make them suitable for applications in grid energy storage and backup power supplies. As technological advancements further enhance their performance, supercapacitors are anticipated to play an increasingly vital role in modern electronic designs.

By Application

Consumer Electronics:

The consumer electronics segment is one of the largest applications for single-layer chip capacitors, driven by the rapid advancement of technology and consumer demand for smaller, more powerful devices. These capacitors are essential in smartphones, tablets, laptops, and various household appliances, providing crucial functions such as energy filtering, signal processing, and power supply stabilization. As the trend towards miniaturization continues, the demand for high-capacity capacitors will increase, driving innovations in design and manufacturing. The proliferation of smart devices and IoT applications further emphasizes the importance of efficient energy management solutions, positioning single-layer chip capacitors as integral components in future developments within this sector.

Automotive:

In the automotive sector, the application of single-layer chip capacitors has expanded significantly, particularly with the rise of electric and hybrid vehicles. These capacitors are essential for various automotive functions, including power management, signal processing, and energy storage systems. They play a crucial role in enhancing the efficiency and performance of advanced driver-assistance systems (ADAS), infotainment systems, and electric propulsion. The increasing focus on electric mobility, along with regulatory pressure to improve fuel efficiency, is expected to drive further growth in this segment. Innovations in automotive technology, combined with the growing trend towards connected vehicles, will continue to propel the demand for reliable and efficient single-layer chip capacitors in the automotive industry.

Industrial:

The industrial sector is another significant application area for single-layer chip capacitors, where they are employed in automation systems, control circuits, and power supplies. These capacitors contribute to the reliability and performance of various industrial machines and equipment, providing essential functions like smoothing voltage fluctuations and filtering noise. The growing trend of Industry 4.0 and the integration of smart technologies in manufacturing processes are expected to enhance the demand for efficient and robust capacitors. Furthermore, the increasing focus on energy efficiency and sustainability in industrial operations will drive innovations in capacitor designs, making them more effective in handling high-performance requirements.

Telecommunications:

In the telecommunications industry, single-layer chip capacitors are fundamental components used in base stations, signal processing units, and networking equipment. They are crucial for maintaining signal integrity and managing power distribution in increasingly complex communication systems, including 5G networks. As the demand for high-speed data transmission continues to rise, the need for efficient capacitors that can handle high-frequency operations becomes paramount. The rapid expansion of telecommunications infrastructure, driven by the global shift towards enhanced connectivity and the Internet of Things (IoT), will significantly contribute to the growth of the single-layer chip capacitors market in this application area.

Aerospace & Defense:

The aerospace and defense sectors require high-performance components that can withstand harsh conditions, making single-layer chip capacitors vital in these applications. These capacitors are employed in various systems, including avionics, radar, and satellite technology, where reliability and performance are critical. The growth in defense budgets and the increasing emphasis on advanced military technology are expected to drive demand within this segment. Moreover, the continual evolution of aerospace technologies, such as unmanned aerial vehicles (UAVs) and space exploration initiatives, will further highlight the importance of durable and efficient capacitors in meeting rigorous performance standards.

By Distribution Channel

Direct Sales:

Direct sales are an important distribution channel in the Single Layer Chip Capacitors market, allowing manufacturers to establish a direct relationship with customers. This channel provides customers with access to detailed product information and personalized service, enhancing customer satisfaction. Direct sales enable manufacturers to quickly respond to market demands and customize offerings based on specific customer needs. Furthermore, this approach often leads to better pricing strategies, as manufacturers can bypass intermediaries. As businesses increasingly seek to foster strong partnerships with suppliers, the direct sales channel is expected to continue playing a significant role in the distribution of single-layer chip capacitors.

Distributors:

Distributors serve as a vital link between manufacturers and end-users in the Single Layer Chip Capacitors market. They provide an efficient means for manufacturers to reach a broader customer base, especially in regions where direct sales may not be feasible. Distributors often carry a wide range of products, enabling customers to access various capacitor types and specifications under one roof. This convenience attracts many buyers, particularly smaller businesses that may not have the resources to purchase directly from manufacturers. Additionally, distributors often offer technical support and inventory management services, further enhancing their value proposition in the marketplace.

By Dielectric Material Type

Ceramic:

Ceramic dielectric materials are widely used in single-layer chip capacitors due to their favorable electrical characteristics and cost-effectiveness. These capacitors offer high stability, performance across a broad temperature range, and a variety of capacitance values, making them suitable for diverse applications. They are particularly valued in consumer electronics and telecommunications for their reliability and efficiency. The continual advancements in ceramic materials and manufacturing processes are expected to propel the growth of this segment, especially as the demand for miniaturized electronic components increases.

Tantalum:

Tantalum dielectric materials are known for their high capacitance density and excellent stability, making them a preferred choice in applications requiring compact size and reliable performance. These capacitors are particularly popular in high-frequency and high-temperature applications, such as in aerospace and military electronics. The demand for tantalum capacitors is expected to grow, driven by the increasing need for advanced technology in various sectors. Furthermore, innovations in tantalum processing and recycling are anticipated to enhance their sustainability and availability, fostering growth in this segment of the market.

Aluminum:

Aluminum dielectric materials are integral in the Single Layer Chip Capacitors market due to their versatility and performance characteristics. These capacitors are utilized in a wide range of applications, including automotive, consumer electronics, and industrial systems, due to their ability to handle significant voltage levels and capacitance values. The ongoing developments in aluminum capacitor technology, such as the introduction of low-ESR variants, are expected to further enhance their appeal. As industries increasingly focus on energy efficiency and sustainability, the demand for aluminum dielectric capacitors is likely to grow.

Polymer:

Polymer dielectric materials have gained popularity in the Single Layer Chip Capacitors market due to their unique properties, such as low weight, high voltage ratings, and excellent performance in high-frequency applications. They are particularly suited for use in consumer electronics and automotive applications, where compact size and efficiency are paramount. The flexibility of polymer materials allows for innovative designs, which enhances their marketability. As the trend towards miniaturization and high-performance electronic components continues, the demand for polymer dielectric capacitors is expected to rise significantly.

Others:

In addition to ceramic, tantalum, aluminum, and polymer dielectrics, other materials such as film and electrolytic dielectrics are also utilized in single-layer chip capacitors. These other types cater to specialized applications requiring specific characteristics, such as high voltage handling, stability under thermal stress, or cost-effectiveness. The diversified use of various dielectric materials enables manufacturers to tailor their products for unique applications across different industries. As advancements in materials science continue to evolve, the segment of other dielectric materials is predicted to expand, providing manufacturers with additional opportunities to innovate and meet specific customer needs.

By Region

The regional analysis of the Single Layer Chip Capacitors market identifies North America as a leading region, accounting for approximately 30% of the global market share in 2025. The presence of key electronics manufacturers, coupled with significant investment in automotive and telecommunications sectors, is driving substantial demand for single-layer chip capacitors in this region. The rapid adoption of advanced technologies, including 5G networks and electric vehicles, further strengthens the market. Additionally, the North American region is expected to witness a CAGR of around 7.5%, fueled by ongoing innovation and increased focus on energy-efficient electronic solutions.

In the Asia Pacific region, which holds the largest market share at nearly 40%, the demand for single-layer chip capacitors is primarily driven by the burgeoning electronics manufacturing hub in countries like China, Japan, and South Korea. The rapid growth of consumer electronics, automotive, and industrial applications is fueling the expansion of this market. Additionally, the increasing investment in renewable energy and smart city initiatives is expected to create new opportunities for capacitor manufacturers. The region is projected to grow at a CAGR of approximately 7.9%, highlighting its significance in the global market landscape.

Opportunities

As the world transitions toward a more connected and electrified future, significant opportunities exist for the Single Layer Chip Capacitors market. One of the most compelling opportunities arises from the rapid growth of the electric vehicle (EV) market. With the automotive industry moving towards electrification, the demand for efficient energy storage solutions such as single-layer chip capacitors is expected to skyrocket. These capacitors are crucial for managing energy fluctuations and providing the necessary power to electric drivetrains. As governments around the globe implement regulations to promote the adoption of EVs and reduce carbon emissions, manufacturers that focus on developing high-performance capacitors tailored for automotive applications are likely to see substantial growth. Additionally, the rise of autonomous vehicles presents another opportunity for capacitor applications, as these vehicles require reliable components for their advanced electronic systems.

Furthermore, the increasing demand for Internet of Things (IoT) devices presents numerous opportunities within the Single Layer Chip Capacitors market. As IoT technology continues to proliferate across industries such as healthcare, agriculture, and smart home applications, the need for compact and efficient electronic components will become even more pronounced. Single-layer chip capacitors provide the necessary energy storage capabilities to support the performance of various IoT devices, making them integral to the development of these technologies. Manufacturers that invest in research and development to produce capacitors optimized for low power consumption and enhanced functionality will be well-positioned to capitalize on this burgeoning market. Moreover, as sustainability becomes more critical in electronics manufacturing, opportunities for developing eco-friendly capacitor solutions will likely emerge, further driving industry growth.

Threats

Despite the promising growth trajectory of the Single Layer Chip Capacitors market, several threats could potentially hinder its progress. One significant threat is the volatility of raw material prices, particularly for tantalum and other specialty metals used in capacitor production. Fluctuations in the availability and pricing of these materials could lead to increased production costs, ultimately affecting profit margins for manufacturers. Additionally, the reliance on a limited number of suppliers for specific materials creates supply chain vulnerabilities, especially in times of geopolitical tensions or global disruptions. Manufacturers must adapt their strategies to mitigate these risks, either by diversifying their supplier base or by investing in alternative materials that can serve as substitutes.

Another threat to the Single Layer Chip Capacitors market is the rapid pace of technological advancements within the electronics sector. As new manufacturing techniques emerge and consumer preferences shift towards advanced technologies, the demand for traditional capacitors may decline. Manufacturers that fail to innovate or adapt to these changes may find themselves at a competitive disadvantage. Moreover, the rise of alternative energy storage technologies, such as lithium-ion batteries and supercapacitors, could also pose a threat to market growth. Companies will need to continuously invest in research and development to ensure their products remain relevant and competitive in an evolving market landscape.

Competitor Outlook

• Murata Manufacturing Co., Ltd.
• Taiyo Yuden Co., Ltd.
• Kemet Corporation
• Vishay Intertechnology, Inc.
• Panasonic Corporation
• AVX Corporation
• Samsung Electro-Mechanics Co., Ltd.
• WIMA GmbH
• Nichicon Corporation
• TDK Corporation
• Illinois Capacitor, Inc.
• Rubycon Corporation
• Elna Co., Ltd.
• United Chemi-Con (UCC)
• Capacitor Industries, Inc.

The competitive landscape of the Single Layer Chip Capacitors market is characterized by the presence of several prominent players, each vying for market share through innovation and strategic initiatives. Key manufacturers such as Murata Manufacturing and Taiyo Yuden have established themselves as leaders in the production of high-quality capacitors, leveraging their extensive research and development capabilities. These companies continuously invest in advanced manufacturing techniques to enhance product performance and address the evolving needs of various sectors, including consumer electronics, automotive, and telecommunications. Additionally, mergers and acquisitions among leading firms are common, as companies seek to expand their product portfolios and strengthen their market positions.

In addition to established players, several smaller and medium-sized companies are emerging as significant competitors in the Single Layer Chip Capacitors market. These companies often focus on niche markets, offering specialized capacitor solutions that cater to specific customer requirements. For instance, companies like Kemet and AVX are known for their innovative approaches to capacitor design, enabling them to differentiate their products in a crowded marketplace. As competition intensifies, these players are likely to enhance their focus on customer-centric solutions, emphasizing quality, reliability, and performance to capture market share.

As the market for single-layer chip capacitors continues to grow, key players are also focusing on sustainability and eco-friendly manufacturing practices. Companies like Panasonic and TDK are increasingly prioritizing the development of environmentally friendly products, responding to the growing consumer demand for sustainable electronics. These companies are investing in research to create capacitors with reduced environmental footprints, positioning themselves as leaders in the transition towards green technology. Furthermore, collaborations with technology partners and research institutions are expected to play a vital role in driving innovation and enhancing product offerings in the competitive landscape of the Single Layer Chip Capacitors market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 WIMA GmbH
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Elna Co., Ltd.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 AVX Corporation
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 TDK Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Kemet Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Rubycon Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Nichicon Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Panasonic Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Taiyo Yuden Co., Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 United Chemi-Con (UCC)
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Illinois Capacitor, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Capacitor Industries, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Vishay Intertechnology, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Murata Manufacturing Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Samsung Electro-Mechanics Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Single Layer Chip Capacitors Market, By Application
    • 6.1.1 Consumer Electronics
    • 6.1.2 Automotive
    • 6.1.3 Industrial
    • 6.1.4 Telecommunications
    • 6.1.5 Aerospace & Defense
  • 6.2 Single Layer Chip Capacitors Market, By Product Type
    • 6.2.1 Ceramic Capacitors
    • 6.2.2 Tantalum Capacitors
    • 6.2.3 Aluminum Capacitors
    • 6.2.4 Film Capacitors
    • 6.2.5 Supercapacitors
  • 6.3 Single Layer Chip Capacitors Market, By Distribution Channel
    • 6.3.1 Direct Sales
    • 6.3.2 Distributors
  • 6.4 Single Layer Chip Capacitors Market, By Dielectric Material Type
    • 6.4.1 Ceramic
    • 6.4.2 Tantalum
    • 6.4.3 Aluminum
    • 6.4.4 Polymer
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Single Layer Chip Capacitors Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Single Layer Chip Capacitors market is categorized based on

By Product Type

• Ceramic Capacitors
• Tantalum Capacitors
• Aluminum Capacitors
• Film Capacitors
• Supercapacitors

By Application

• Consumer Electronics
• Automotive
• Industrial
• Telecommunications
• Aerospace & Defense

By Distribution Channel

• Direct Sales
• Distributors

By Dielectric Material Type

• Ceramic
• Tantalum
• Aluminum
• Polymer
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Murata Manufacturing Co., Ltd.
• Taiyo Yuden Co., Ltd.
• Kemet Corporation
• Vishay Intertechnology, Inc.
• Panasonic Corporation
• AVX Corporation
• Samsung Electro-Mechanics Co., Ltd.
• WIMA GmbH
• Nichicon Corporation
• TDK Corporation
• Illinois Capacitor, Inc.
• Rubycon Corporation
• Elna Co., Ltd.
• United Chemi-Con (UCC)
• Capacitor Industries, Inc.