The import value of carbon fixed electrical capacitors to India is forecasted to rise gradually from USD 42.556 million in 2024 to USD 48.775 million in 2028. This indicates a steady growth trend in imports, with a forecasted compound annual growth rate over five years reflecting a modest increase. When assessing the annual percentage growth rate, each subsequent year shows consistent, incremental growth.
Future trends to watch for include:
- Technological advancements that may drive higher demand for capacitors.
- Potential impacts of government policies on electronics importation.
- Changes in global trade dynamics affecting supply chains for electrical components.