Global discrete capacitor market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 5.1% during the forecast period.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Capacitor is a two terminal passive electronic component that is used to store energy in an electric field. The practical capacitor that is used as discrete components in electronic equipment to store energy in the form of electric charge is known as discrete capacitor.
A surge in the adoption of discrete capacitor in consumer electronic industry in various electronic equipment is the major driving factor behind the market. High demand for discrete capacitors in several sectors to guarantee energy-efficiency of electronics devices, the rapid growth of the Internet of Things (IoT) bases devices, the rising demand for miniaturization of electronics components and devices, growing requirement for high performance and extra functionality based electronic components and escalating demand for in-package or on-chip capacitors to use in standard integrated circuits and other integrated components are expected to improve the growth of the market during the forecast period.
However, short-circuit failure and low energy capacity compared to other battery powered devices is the major restraining factors that could hinder the growth of the market.
Global Discrete Capacitor Market: Segmentation Analysis
By configuration, low loss and medium loss segment dominated the market in the past few years. However, electrolyte segment is projected to witness fast growth at a CAGR of XX% during the forecast period. An increasing adoption of low loss devices with high level of capacitance in various precise circuitry applications such as in telecommunications filters and rising demand for medium loss devices a wide range of DC and AC voltages for several applications like power separation filters, power line control, interference suppression, coupling and decoupling applications is attributed to the growth of the market. In addition, growing demand for electrolyte capacitor in television and radio applications is expected to expand growth of the market in the coming years.
By industry, consumer electronics segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A growing market demand for lighter and smaller electronic products, rising trend of miniaturization of electronics components, increasing demand for advanced Smartphone device and surge in the adoption of energy efficient electronic devices are attributed to the growth of the market. However, rising adoption of discrete capacitors in electric vehicles which requires high energy and power efficiency and enhanced charge storage capacity is likely to expand market for automotive segment at a CAGR of XX% during the forecast period.
Global Discrete Capacitor Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The economies such as China, India, Japan and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for electronics and semiconductor manufacturing industry across the region.
A surge in the demand for high performing electric circuits for several industrial applications, growing market for IoT devices, increasing demand for technologically advanced capacitors in renewable energy field and rising adoption of discrete capacitors in automotive industry for hybrid and electric cars are driving the growth of the market. Additionally, rising initiatives and investments by the government to improve electronics industry across the region is expected to expand market growth in the APAC region.
Global Discrete Capacitor Market: Key Development
• In Apr 2019, AVX Corporation announced the TACmicrochip Series with the introduction of tantalum capacitor in the market.
The objective of the report is to present a comprehensive analysis of the Global Discrete Capacitor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Discrete Capacitor Market dynamics, structure by analyzing the market segments and projects the Global Discrete Capacitor Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Discrete Capacitor Market make the report investor’s guide.
Scope of Global Discrete Capacitor Market
Global Discrete Capacitor Market, By Configuration
• Low Loss
• Medium Loss
Global Discrete Capacitor Market, By Product Type
• Paper & Plastic
• AC & DC Film
• Tantalum Varieties
Global Discrete Capacitor Market, By Industry
• Information & Telecommunication
• Health Care
• Consumer Electronics
Global Discrete Capacitor Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Discrete Capacitor Market, Key Players
• AVX Corporation
• ASC Capacitors
• Murata Manufacturing Co., Ltd
• KEMET Corporation
• Matsuo Electric Co. Ltd
• Maxwell Technologies
• American Technical Ceramics Corporation
• Matsuo Electric Co., Ltd
• AFM Microelectronics Inc
• Vishay Intertechnology
• Panasonic Corporation
• Cornell Dubilier Electronics
• Johanson Technology
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