Discrete Capacitor Market Share, Outlook, Future Growth and Opportunities 2021 to 2026
According to the latest report by IMARC Group, titled "Discrete Capacitor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global discrete capacitors market size reached a value of US$ 9.5 Billion in 2020 and expects the market to grow at a CAGR of 5.3% during 2021-2026.
A discrete capacitor is a rechargeable battery that preserves and discharges energy in the form of an electric charge. Usually made from numerous materials, such as plastic or ceramic, the build-up of these batteries largely depends upon the requirement of its application. These capacitors are characterized by a compact size and offer enhanced energy-efficiency to the devices it is used in. It is crucial for coupling signals between the various stages of amplifiers and in power supply systems of multiple electronic devices. It also preserves stored energy without any loss, due to which it finds extensive applications across numerous industry verticals, such as defense, medical, consumer electronics, transportation and telecommunications.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Discrete Capacitors Market Trends:
The market is primarily driven by significant growth in the consumer electronics sector. The rising trend of miniaturization in smartphones, laptops and wearable electronics has led to the growing demand for compact discrete capacitors on the global level. Apart from this, there has been an increasing demand for energy-efficient devices across numerous industries on account of the rising adoption of automation in the verticals, which is contributing to the market growth. The market is further driven by the increasing utilization of discrete capacitors in the renewable energy sector. These batteries find extensive applications in windmills for providing short bursts of heavy force exertion that is ultimately used for altering the blade pitch. They are also used in electric grids to enhance the overall energy-efficiency of the processes by assisting them in reaching close to the full energy capacity. Moreover, the escalating popularity of the Internet of Things (IoT) devices and the increasing utilization of sensors and capacitors in these devices are creating a positive outlook for the market. Some of the other factors contributing to the market growth include the introduction of ceramic-based capacitors and the widespread utilization of these batteries in the heating, ventilation and air conditioning (HVAC) systems.
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Global Discrete Capacitors Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AFM Microelectronics Inc., American Technical Ceramics Corporation (Kyocera), AVX Corporation (Kyocera), KEMET Corporation (Yageo Corporation), Matsuo Electric Co. Ltd. (Nippon Chemi-Con Corp.), Maxwell Technologies (Tesla Inc.), Murata Manufacturing, Taiyo Yuden and TDK Ltd.
The report has segmented the market based on region, type and application.
Breakup by Type:
- Ceramic Capacitor
- Aluminium Capacitor
- Paper & Plastic AC & DC Film Capacitor
- Tantalum Capacitor
- Others
Breakup by Application:
- Telecommunication
- Computers
- Consumer Electronics
- Automotive
- Aerospace and Defense
- Others
Breakup by Region:
- North America:( United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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