Global Microwave Ceramics Capacitor Market: Sales, Consumption, Demand and Forecast (2020-2029): Vishay Intertechnology, Inc, AVX Corporation, KEMET

Microwave Ceramics Capacitor Market Snapshot:

The microwave ceramics capacitor market is expected to grow from USD 179.1 million in the year 2019 to USD 345.2 million in 2029, with a compound annual growth rate (CAGR) of 6.1%.

The microwave capacitors have a high degree of capacitance for high-frequency applications in ceramic constructions. Typical practical applications of the capacitors include bypass, coupling, and D.C. blocking. In contrast, HF/RF power amplifiers, high-frequency transfer mode power supplies, and medical electronics are typical circuit applications. As the number of high-frequency electronic systems is increasing, the need for capacitive equipment that is designed to work at R.F. and microwave frequencies is also witnessing a significant surge in demand. As a result, there have been several improvements in the design and construction of capacitors, particularly ceramic capacitors.

One of the key trends influencing the microwave ceramic capacitors market is the miniaturization of electronic devices. Electronic components, such as capacitors, diodes, and resistors, are preferably miniaturized while retaining as many parameters as possible with more functionality. Several OEMs and their electronics designers are miniaturizing equipment to optimize circuit and system performance, satisfy physical design requirements, and improve product aesthetics.

The need for smaller case sizes and high voltage capacitors have driven the development of a new range of microwave capacitors for use in automotive, consumer electronics, and defense applications. Kemet recently introduced a portfolio of high voltage multilayer ceramic capacitors with a tiny device that provides designers the ability to preserve miniaturizing trends while operating at voltages up to 1,000 VDC. For several years, Exxelia Technologies is working on the miniaturization of multilayer ceramic capacitors ideal for space use. It has recently introduced 0402 size ceramic capacitors with a nominal voltage from 10V to 25V.

The increasing demand for microwave ceramic capacitors can be attributed to the ever-increasing deployment of high specification gadgets, such as P.C.s, smartphones, and tablets. The popularity of smart televisions in developing countries of the Middle East and Africa, Asia-Pacific, and South America regions are anticipated to augment the market growth. China is the world leader in capacitor manufacturing, followed by Taiwan, Korea, and Japan. It is also a hub for consumer electronics. The country produces a massive amount of consumer electronics, including P.C.s, tablets, laptops, smartphones, and smart wearables. Additionally, as stated by our paid source, the user penetration of consumer electronics is anticipated to reach 32.5% in 2024 from 22.3% in 2020. As per the statistics from the Japanese manufacturer, the demand for small MLCCs for smartphones in the world is close to 376.3 billion in 2016. It is estimated that the demand in 2020 will reach 632.5 billion, and the annual composite growth rate is projected to increase by approximately 13.9%.
The shortage of ceramic raw materials is compelling customers to consider alternatives, including tantalum-based polymer electrolytic capacitors (KO-CAPs) and aluminum capacitors. On the other hand, electric vehicles are becoming more prevalent and require four times the number of capacitors than traditional automobiles. The shortage arises because top-tier manufacturers are allocating more resources to the profitable (and MLCC-intensive) automotive industry than conventional electronics.

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The Major Prominent Players Covered in this Report:
Vishay Intertechnology, Inc
AVX Corporation
KEMET
AFM Microelectronics Inc.
Murata Manufacturing Co., Ltd
Johanson Technology
Exxelia Group
Dalicap Technology Co
Knowles Capacitors (Knowles Electronics, LLC.)
TAIYO YUDEN CO., LTD

Microwave Ceramics Capacitor Market: Segmentation-
By Type- Class 1 Ceramic Capacitors, Class 2 Ceramic Capacitors,
By Applications- Consumer Electronics, Automotive, Industrial Machinery, Defense

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Microwave Ceramics Capacitor in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Microwave Ceramics Capacitor market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Microwave Ceramics Capacitor and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Microwave Ceramics Capacitor. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Need for Smaller Devices with Improved Reliability and Higher Heat Resistance to Drive the Market Growth, The primary areas of consumption for microwave ceramic capacitors in the industrial machinery include power transmission and distribution, motors and drives, renewable energy, lighting, and power supplies. Government regulations about power and lighting efficiency and energy independence are accelerating the demand for industrial-grade capacitors in industrial equipment. On the other hand, the trend of smart factory and factory automation has led to a dire need for smaller devices with improved reliability and higher heat resistance. Thus, to enhance the efficiency of industrial equipment, the demand for ceramic microwave capacitors is increasing at a staggering rate. The European Region caters to the second-largest share in the market. Western Europe is one of the largest automotive markets, with Germany ranking first in terms of production and sales of the automobile. The estimation of electronics and electrical content comprises 25% of the total vehicle value and exhibits colossal future demand in the automotive sector.

Key Questions Answered in The Report:
What will the Microwave Ceramics Capacitor market growth rate?
What are the key factors driving the global Microwave Ceramics Capacitor market?
Who are the key manufacturers in the Microwave Ceramics Capacitor market space?
What are the market opportunities, market risk, and market overview of the Microwave Ceramics Capacitor market?
What are sales, revenue, and price analysis of top manufacturers of the Microwave Ceramics Capacitor market?
Who are the distributors, traders, and dealers of the Microwave Ceramics Capacitor market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Microwave Ceramics Capacitor Industry?
What are sales, revenue, and price analysis by regions of Microwave Ceramics Capacitor industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Microwave Ceramics Capacitor Market Trends:
- The report identifies, determines, and forecasts the Global Microwave Ceramics Capacitor Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Microwave Ceramics Capacitor Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Microwave Ceramics Capacitor Market.

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