Ceramic Capacitors Market Outlook - 2027
A ceramic capacitor is a capacitor with a fixed value in which the ceramic material serves as the dielectric. It is composed of two or three alternating layers of ceramic and a sheet of metal serving as the electrodes. The composition of the ceramic material defines the electrical behavior. Ceramics was one of the first materials used in capacitor manufacturing since it was a recognized insulator. Many geometries were used in ceramic capacitors, of which some, such as barrier layer capacitors and ceramic tubular capacitors are obsolete today due to their size, parasitic effects, or electrical characteristics. Ceramic condensers are often small in dimension and possess a low maximum rated voltage. They are not polarized, indicating they may be linked to an AC source in a safe manner. Ceramic capacitors exhibit a notable frequency response due to low parasitic effects such as resistance or inductance.
Key drivers of global ceramic capacitors market
Increase in demand for ceramic capacitor from the electronics industry is a key factor driving the growth of the global ceramic capacitor industry. This is attributed to the ever-growing requirement for upgraded gadgets. Smartphones and tablets are the major consumers of ceramic capacitors, as they can effectively handle complex and sophisticated functions. In addition, the introduction of multi-layered ceramic capacitors and miniaturization of electronic devices is one of the trends driving the growth of the ceramic capacitors industry. The influence of ceramic capacitors has been such that new technologies, including Internet of Things (IoT), 5G network, and electric vehicles (EVs) are heavily dependent on the availability of ceramic capacitors. This has enforced the manufacturers to coordinate product line and manufacturing capacities to meet the technological requirements.
Market scenario: opportunities and challenges
Increase in application of ceramic capacitors due to its better frequency characteristics, higher reliability, and superior withstanding voltage boosts the growth of the global market. In addition, with increase in acceptance of EVs and autonomous vehicle technology, government has implemented stringent regulations for the deployment of advanced driver assistant systems (ADAS), which, in turn, fuels the demand for ceramic capacitors in the automotive sector. Moreover, surge in influence of smart automotive production technologies is a major factor augmenting the ceramic capacitor demand in the automotive industry. In addition, technical developments in the automotive industry are positively impacting the ceramic capacitors market. In the automobile industry, most manufacturers are increasing their investment. Ceramics, however, has certain pitfalls that are considered as a threat to market growth, including the chances of damage and cracks. Thus, ceramic capacitors must be treated cautiously and may serve as a hindrance to the development of the global market. Moreover, it exhibits a short service life, which poses a challenge to the growth of the global market.
COVID-19 scenario analysis
The rapid expansion of COVID-19 worldwide has had a negative effect on the ceramic capacitors industry with temporary shutdown of manufacturing facilities, resulting in major production slowdown. The pandemic has led to environment instability, which has enforced many supply chain members to move out their manufacturing facilities from China, thus reducing their over-reliance on the country. In addition, the ceramic capacitors industry is likely to get directly impacted for the next one or two years if transportation sector declines, as it is one of the key consumers of ceramic capacitors. Lockdown imposed by the governments in the wake of the COVID-19 outbreak has affected not only manufacturing but also consumer demand for ceramic capacitors.
Key benefits of the report
- This study presents the analytical depiction of the global ceramic capacitors industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ceramic capacitor market share.
- The current market is quantitatively analyzed to highlight the global ceramic capacitor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global ceramic capacitors market research report:
- Which are the leading market players active in the ceramic capacitors market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Ceramic Capacitors Market Report Highlights
Aspects | Details |
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By Application |
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By Region |
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Key Market Players | Vishay Intertechnology, Inc., Kyocera Corporation, Murata Manufacturing, Samsung Electro-mechanic, TDK Corporation, Walsin Technology, Nippon Chemi-con., Taiyo Yuden Co. Ltd., Darfon Electronics, Yageo Corporation |
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