Press release
Silicon Capacitors Market - Expansion of the Oil and Gas Industry Driving Growth
The global silicon capacitors market has been displaying healthy growth over the recent past and is poised to continue to do so in the years ahead. Silicon capacitors serve to address limitations of other capacitors to satisfy end user’s requirements. While the wide range of capacitors that are available mostly serve to meet end user’s requirements, their performance is impacted when subject to high temperature. Silicon capacitors find high-value applications such as in geothermal and automotive and military.Silicon capacitors operate in a wide temperature and can withstand temperature up to 250°C. Silicon capacitors exhibit properties of high insulation resistance and very good stability.
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Growth of various end-use industries of silicon capacitors is fuelling the silicon capacitors market. World over, modernization of healthcare services has aided the growth of several ancillary industries. Hi-tech medical devices used for diagnostics and therapeutics contain numerous electronic components such as silicon capacitors. This serves to boost the silicon capacitors market
Growth of the automotive industry predominantly in emerging economies of Asia Pacific bodes well for silicon capacitors industry. Silicon capacitors are integral components of several automotive parts due to their virtues of wide operating temperature, high insulation resistance, and very good stability. In addition, high miniaturization feature of silicon capacitors along with large capacitance to volume ratio make account for their extensive applications in automotive components.
Apart from this, expansion of the oil and gas industry is indirectly benefitting the silicon capacitors market. Silicon capacitors are used in equipment for well logging. Well logging is critical to keep records of borehole that are drilled for groundwater, oil and gas, mineral and geothermal exploration, and environmental and geotechnical studies.
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