The Global Market for Discrete Capacitors is Projected to Reach US$25.7 Billion by 2020

Robust Demand for Consumer Electronics in Developing Markets Spurs Growth in the Global Discrete Capacitors Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Discrete Capacitors market. The global market for Discrete Capacitors is projected to reach US$25.7 billion by 2020, driven by the growing demand for consumer electronics in developing markets and the rising significance of capacitors in electronics manufacturing.

Capacitors have become indispensable in all major electronic devices. As an established component of electronic circuits used in a range of electronic devices, discrete capacitors continue to find indispensable use in electronics manufacturing. Demand for discrete capacitors is guided by the trends in downstream production of electronic products in key industry segments such as telecommunications, computing and consumer appliances, which are the most prolific users of these components. Growth is also expected to benefit from growing demand for automotive electronics, aerospace & defense electronics, industrial electronics and medical electronics. Technological advancements also represent a key growth driver in the market. Against the backdrop of steady industrialization in developing countries, the expanding industrial electronics market brings the promise of growth. Capacitors are widely used in industrial applications such as lasers; ultrasonic cleaners & ultrasonic pulse welders; airport runway strobes; rail-gun power; food sterilization; water purification; radio & television transmitters; as well as Marx generators.

Growing focus on renewable energy and the ensuing rise in solar and wind technology also offers significant prospects for growth. The anticipated increase in investments for wind and solar renewable energy; combined with the similarities among the circuits used in these energy systems particularly in DC link and inverter circuits, will spur demand for capacitors used in renewable energy applications. Additionally, the rise of Internet of Things (IoT) is forecast to spur growth in the market. Tantalum Capacitors is the most widely used capacitor in the electronics industry for bypass, decoupling, as well as for pulse discharge in electronic circuits, while aluminum capacitors are the preferred choice for consumer AV electronics. The market for discrete capacitors is expected to receive additional boost from the adoption of super capacitors in applications where features such as low temperature performance, improved life and reliability as well as fast discharge/charge are critical. Telecommunications sector represents a major end-use segment for discrete capacitors with growth supported by the expansion in mobile networks and increased adoption of mobile phones.

Ceramic capacitors are the most popular type of discrete capacitors used widely in a broad range of end-use applications. Ceramic is an excellent dielectric material and is unrivalled in its ability to support electrostatic fields. Effective functioning of advanced semiconductor devices, such as Digital Signal Processors (DSPs), microcomputers, microprocessors, and Field Programmable Gate Arrays (FPGAs) requires ceramic capacitors. Developments in mobile communications, particularly the introduction of Bluetooth and FTTH (Fiber-To-The-Home) and FWA (Fixed Wireless Access) communication networks which demand processing of high speed signals will create the need for capacitors that feature high speed response and substantial capacitance stability, thus strengthening the business case for ceramic capacitors.

As stated by the new market research report on Discrete Capacitors, Asia-Pacific represents the largest market worldwide. The region also ranks as the fastest growing market with a CAGR of 6.9% over the analysis period, led by factors such as steady economic growth, continued industrialization, rising employment levels, improving standard of living and increasing demand for consumer electronics.

Major players covered in the report include AFM Microelectronics Inc., American Technical Ceramics Corporation, AVX Corporation, CSI Capacitors Inc, Johanson Dielectrics, Inc,

American Technical Ceramics, KEMET Electronics Corporation, Knowles Corporation, Matsuo Electric Co., Ltd, Maxwell Technologies, Murata Manufacturing Company, NEC Tokin Corporation, Nichicon Corporation, NIPPON CHEMI-CON, Panasonic Corporation, Presidio Components, Inc., Rubycon Corporation, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd, TDK Corporation, Temex Ceramics, Vishay Intertechnology, Walsin Technology, and Yageo Corp. among others.

The research report titled “Discrete Capacitors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and strategic industry activities of major companies worldwide. The report provides market estimates and projections for sales of Discrete Capacitors in US$ Million for the global market and US$ Thousands for regional markets  for all major geographic markets- US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia & Rest of Europe), Asia-Pacific (China, South Korea, Taiwan, & Rest of Asia-Pacific), Latin America, and Rest of World. The global market for Discrete Capacitors is also analyzed by end-use applications: Telecommunication, Computers & Peripherals, Consumer Electronics, Automotive, Aerospace & Defense, and Industrial & Other Applications.

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