Global Discrete Capacitors Market 2016-2020

Global outlook of the discrete capacitors market

Technavio’s market research analyst predicts the global discrete capacitors market to grow at a CAGR of more than 5% by 2020. Discrete capacitors are witnessing a high adoption rate across all sectors due to the requirement of increased energy efficiency around the world, the emergence of new technologies such as Internet of things (IoT), the emergence of wearables, and the high demand for energy efficient devices. With the proliferation of technologies such as IoT in wearables, smart homes, industrial automation, and automated cars, the demand for capacitors has increased considerably. The increased popularity of IoT and the increased use of actuators and sensors will augment the usage of sophisticated capacitors with high capacitance in the coming years.  The growing trend of miniaturization in the consumer electronic devices such as smartphones has accelerated the demand for smaller and more efficient capacitors.

APAC will continue to dominate the market during the predicted period and is likely to occupy around 77% of the total market revenue. High revenue contribution from APAC is owing to a large number of established original equipment manufacturers (OEMs) and original design manufacturers (ODMs) in this region. APAC has a large number of automobile and industrial equipment manufacturers, which has increased the use of discrete capacitors for automotive applications. Technological advances in the semiconductor technology such as the development of high-powered capacitors to suit operations for emerging technologies such as IoT will also fuel the growth of the market in this region.

Competitive landscape and key vendors

The global discrete capacitors market is highly competitive and fragmented with the presence of many large global vendors who compete with each other to gain larger market shares. The market has a high potential for growth because of the increase in applications in devices across several sectors. A few international players such as TDK and Murata will grow inorganically during the forecast period by acquiring regional or local players. The competitive environment in this market is likely to intensify during the forecast period with the increase in product extensions in terms of size and technological innovations.

Leading vendors in the market are -

• Murata
• TDK
• SEMCO
• Taiyo-Yuden

Other prominent vendors in the discrete capacitors market include American Technical Ceramics, AVX Corporation, Cornell Dubilier Electronics, Dielectric Lab, and Johanson Technology.

Segmentation by type and analysis of the discrete capacitors market

• Ceramic capacitor
• Aluminium capacitor
• Paper & plastic AC & DC film capacitor
• Tantalum capacitor

The ceramic capacitors segment will continue its dominance in the discrete capacitors market during the forecast period and is likely to occupy more than 62% of the total market share by 2020. Ceramic capacitors include MLC axial, single layered discs, MLCC, MLC radial, and exotic configurations such as MLC arrays, doorknob capacitors, and low inductance LICA chips. They are low cost capacitors, coupled with robust performance, and are highly preferred in the line voltage segment. The growing applications of these capacitors in the consumer electronics and industrial sectors for power storage and factor correction will augment the growth of the overall market over the next four years.

Segmentation by application and analysis of the discrete capacitors market

• Telecom
• Computers
• Consumer
• Automotive

The telecom sector dominates the discrete capacitors market and is anticipated to occupy more than 37% of the total market share during the forecast period. The transition from traditional handsets to advanced smartphones will create a significant demand for small case size tantalum chip capacitors and MLCCs, to meet the growing demand. The number of capacitors used in new age smartphones is much higher than the traditional cell phones, which has increased the demand for capacitors from the telecom segment.

 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 discrete capacitors market?
• What are the key market trends impacting the growth of the global discrete capacitors market?
• What are the challenges to market growth?
• Who are the key vendors in the global discrete capacitors market?
• What are the market opportunities and threats faced by the vendors in the global discrete capacitors market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global discrete capacitors market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Multi-layer Ceramic Capacitor Market 2016-2020
• Global Low Voltage Capacitor Market 2016-2020
• Power Capacitor Market in India 2015-2019
• Global High-Voltage Capacitor Market 2015-2019

Most discrete capacitors are designed in one of three basic configurations which include low loss devices which have a high level of capacitance stability and are majorly used in precision circuitry applications. The medium loss devices include medium loss and medium capacitance stability and are applicable for coupling, decoupling, interference suppression, power separation filters, and power line control. The aluminum and tantalum-based electrolytic capacitors balance high-level capacitance with comparatively small device size and have more usage in radio and television applications. These capacitors are very high in demand thanks to their increasing volume requirement across industrial, medical, telecommunications, automotive, aerospace and defense sectors.

The report, global discrete capacitors market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.