Vacuum Capacitor Market - High-powered Broadcast Transmitters Fueling Demand for Vacuum Capacitors

Transparency Market Research delivers key insights on the global vacuum capacitor market. In terms of revenue, the global vacuum capacitor market is estimated to expand at a CAGR of 4.1% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global vacuum capacitor market.

The global vacuum capacitor market is broadly affected by several factors, including an increase in applications in a wide range of sectors and a rise in the rate of adoption of advanced technology. Thus, expanding applications of vacuum capacitor in different sectors is propelling the global market.

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Vacuum Capacitor Market: Dynamics

Vacuum capacitors are extensively utilized in manufacturing equipment of semiconductors, flat panel display, and other equipment. Increase in miniaturization and need for higher processing speed is fueling the demand for vacuum capacitors for various applications. Furthermore, the screen sizes of flat panel displays and digital signage are increasing, which is further fueling the vacuum capacitor market.

Vacuum capacitors are also utilized in various medical equipment such as X-ray generators & tubes, computed tomography scanners, and magnetic resonance imaging machines. Vacuum capacitors are used in these applications due to high voltage and current ratings and capacitance from 1 pF to 6000 pF, with peak voltage tolerance ranging from 3 kVp to 40 kVp.

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Manufacturers are investing in technological developments and new product launches for competitive advantage. For instance, Meidensha Corporation introduced cold-cathode X-ray tube with carbon nanostructures for medical X-ray inspection system by using variable mechanism for vacuum capacitors and vacuum sealing method. Moreover, new products are being developed, such as ball screw and auto tuning vacuum capacitors, to offer higher accuracy, withstand higher voltage, and large current carrying capability.

However, generation of soft x-rays in normal operation hinder the usage of vacuum capacitor in high safety areas. Additionally, the availability of alternatives, such as shale gas for power generation, and increasing technological advancements to replace vacuum capacitors are likely to hamper the vacuum capacitor market.

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Vacuum Capacitor Market: Prominent Regions

The vacuum capacitor market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growing usage of vacuum capacitor in various applications in the region. The vacuum capacitor market in Europe is projected to expand considerably during the forecast period, due to rise in investments by manufacturers in the region. The vacuum capacitor market in Asia Pacific is likely to expand during the forecast period, owing to an increase in usage of vacuum capacitors in consumer electronics, automotive, and telecommunications sectors and the presence of a large number of players designing and producing vacuum capacitors.

Vacuum Capacitor Market: Key Players

Key players operating in the global vacuum capacitor market are Comet Holding AG, Richardson Electronics, Ltd., Kunshan GuoLi Electronic Technology Co., Ltd. (GLVAC) Meidensha Corporation, ABB Ltd, Cixi AnXon Electronic Co., Ltd., and High Hope International Inc.

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