Global Discrete Capacitors Market 2016-2020
About Discrete Capacitors
A normal form of a capacitor is a one that preserves and discharges electrical energy without any loss of energy. A discrete capacitor, on the other hand, can have losses of electric current due to the nature of its capacitor components. Discrete capacitors can be made of different materials such as ceramic or plastic dielectric and also have different types of build-up depending on the applications. These capacitors have varied capacitance fluctuation due to a higher level of frequencies.
Technavio’s analysts forecast the global discrete capacitors market to grow at a CAGR of 5.09% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global discrete capacitors market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of discrete capacitors to different application segments.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Discrete Capacitors Market 2016-2020
Technavio recognizes the following companies as the key players in the global discrete capacitors market: Murata Manufacturing, SEMCO, TDK, and TAIYO YUDEN.
Other Prominent Vendors in the market are: American Technical Ceramics, AVX, Cornell Dubilier Electronics, Dielectric Lab, and Johanson Technology.
Commenting on the report, an analyst from Technavio’s team said: “Technological advances in ceramic-based capacitors will be a key trend for market growth. There is a need to improve capacitor performance to provide more reliable products. FLEXITERM from AVX Corp. was created as an additional flexible termination layer added to the component, thus safeguarding electrical integrity while external forces are applied. FLEXITERM is used in combination with base metal electrode (BME) technology. This provides the advantage of eliminating the issues of the high material cost associated with PdAg capacitor technology and providing increased reliability performance. The enhancement in thermal and flex performance results in a more efficient and reliable solution where the component is operated in very demanding environments or the board flex in manufacturing is a problem.”
According to the report, the automotive industry is a key driver for discrete capacitors. However, due to a recent shift in focus toward a greener environment and unveiling of futuristic electric cars by companies like Tesla Motors, the demand has shifted toward electric and hybrid cars. This has further increased the demand for discrete capacitors, as hybrid and electric cars require greater power and energy efficiency and better charge storage capacity. The growth in hybrid and electric vehicles will boost the opportunities for magnetic sensors.
Further, the report states that technological advances and the emergence of compact electronic devices like smartphones, tablets, and wearable technologies have created a massive demand for capacitors. Wearable technology is essentially a mobile form of communications technology that can be attached to a body part and used to monitor daily activities, besides providing communication services. It includes smart watches, smart glasses, heart rate monitors, smart fabrics, and fitness tracking gadgets such as FitBit Surge, Basis Peak, Garmin Vivoactive, Mio Fuse, etc. This compels vendors to update their offerings with more advanced and compact capacitors to suit consumer requirements. Vendors have to increase their budgets and invest a large amount of money in procuring costly equipment in order to manufacture more advanced capacitors. This will reduce their profitability. This is a discouraging factor for vendors in the global discrete capacitors market and poses a challenge for them in the forecast period.
Murata Manufacturing, SEMCO, TDK, TAIYO YUDEN, American Technical Ceramics, AVX, Cornell Dubilier Electronics, Dielectric Lab, Johanson Technology.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook