Market research analysts at Technavio predict that the global vacuum capacitors market will grow steadily during the next four years and will post a CAGR of more than 12% by 2020. This market research analysis identifies the rise in demand for flat panel displays as one of the primary factors driving the growth of this market. Technological advances in the media and communications industry, the growth in broadband and mobile internet infrastructure, and the easy availability of high-end communication and entertainment devices have resulted in the increased consumption of high definition (HD) and ultra-high definition (UHD) videos, which in turn, led to the rise in demand for HD and 4K televisions. Since vacuum capacitors are widely used in the impedance matching networks in flat panel displays, this rising demand for HD televisions will propel the growth of the market in the next four years.
The introduction of vacuum capacitors for solar applications will be one of the major trends that will gain traction in this market in the next four years. The rising demand for energy across the globe will induce countries around the world to focus on the extensive usage of renewable energy. This will induce capacitor manufacturers to manufacture capacitors that are specifically used for solar applications. One of the leading market players COMET, has already launched capacitors such as Uni-Solar and Power-Solar, designed exclusively for solar and industrial applications.
Competitive landscape and key vendors
The market is characterized the presence of a limited number of vendors where one of the leading vendors COMET, accounts for a majority of the market share. Vacuum capacitor manufacturers mainly compete based on technological advancements in their products and the range of current and applications their products can cater to. Major players in the market such as COMET and Meidensha provide a wide range of products that can be used for both specific and multiple applications. Vendors are looking forward to develop new products that can be used across multiple applications and are constantly increasing their R&D investments for the development of new products and the identification of new areas for the application of vacuum capacitors.
The leading vendors in the market are -
Segmentation by product type and analysis of the vacuum capacitors market
Variable vacuum capacitors
Fixed vacuum capacitors
Variable vacuum capacitors allow variations in capacitance and find applications in several areas such as semiconductor manufacturing equipment and LCD panel manufacturing equipment. Variable vacuum capacitors also have the ability to function through multiple ranges of capacitance and are used in industrial applications such as high-frequency RF generators, industrial RF process applicators, and antenna systems that operate at low frequency to very-high frequency (VHF). As a result, this market segment will dominate the market throughout the forecast period.
Segmentation by current range and analysis of the vacuum capacitors market
0 to 150 A
150 to 300 A
301 to 450 A
450 to 600 A
Greater than 600 A
In terms of current range, vacuum capacitors in the range of 0-150 A accounted for the major market shares during 2015. The increased applications of these capacitors in various industries such as semiconductor manufacturing, flat panel display manufacturing, industrial, and broadcast equipment, will drive the demand for this market segment in the coming years.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global vacuum capacitors market?
What are the key market trends impacting the growth of the global vacuum capacitors market?
What are the challenges to market growth?
Who are the key vendors in the global vacuum capacitors market?
What are the market opportunities and threats faced by the vendors in the global vacuum capacitors market?
What are the key outcomes of the five forces analysis of the global vacuum capacitors market?
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