Global Ceramic Capacitor Market Size, Share, Forecast Report 2019-2025

The global ceramic capacitor market is projected to reach USD 15.88 billion by 2025, while actuating a CAGR of 5.4% during the forecast period. Increasing demand for solid state devices, advancements in material processing technology, and rising demand for consumer electronics are the factors driving the market growth. In addition, growing adoption of smartphones and tablets is further anticipated to augment the demand of the market. Besides, emergence of multilayer ceramic capacitor is projected to create a greater demand for ceramic capacitor over the forecast period.  Also, the ongoing research and development activities to enhance the capacitive volumetric efficiency are estimated to increase the demand for ceramic capacitor market during the forecast period. However, ceramic capacitors are prone to physical damage which may impede the market growth to some extent.

Capacitor is a charge storage electronic component, and is deployed for offering high packaging densities for PCB mounting. Ceramic capacitors have made enormous stride in increased capacitance capability by utilising thinner dielectric layers (increasing the capacitance per layer). They are efficient at very low voltages, and can operate at very high ripple currents. Moreover, they offer various advantages including high stability, variable sizes, high capacitance, and low losses. The advent of multi-layer ceramic capacitor (MLCC) is witnessing a robust growth in many applications including electric vehicles and power electronics, and is expected to fuel the demand for ceramic capacitor over the forecast period.

Increasing demand for ceramic capacitor in automotive industry

The ceramic capacitors have wide range of applications in many end-use verticals including aerospace and defence, energy and power, healthcare, automotive, consumer electronics, and telecommunication among others, owing to their robust and reliable design with high stability. They are particularly fostering the automotive industry where improved reliability is essential. Growing demand for the electric vehicles, along with advanced electronic features is also expected to augment the demand for ceramic capacitor during 2019-2025. In addition, the technological advancements have resulted in the emergence of multi-layer ceramic capacitor (MLCC), which enables the electronic devices to control and distribute the amount of current flowing through the circuit, while removing noise and preventing malfunctioning.

Global Ceramic Capacitor Market – Regional Insight  

Geographically, the global ceramic capacitor market is segregated in North America, Europe, Asia-Pacific, and the Rest of the world. Asia-Pacific is expected to emerge as the fastest growing region, while registering the highest CAGR over the forecast period. The regional growth is attributed to the presence of emerging electronics manufacturing companies, and rising demand for multilayer ceramic capacitors coupled with rising demand for consumer electronics.

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

• Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
• Interacting with key opinion leaders of the market and developing data points based on interaction with them
• Study of past trends in the market and their year on year impact on the market size and share
• Analyzing the collected data points
• Bridging the data points to calculate the total ceramic capacitor market and its various segments
• Anticipating potential risks
• Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the ceramic capacitor market
• Finalizing the overall size and share for the global ceramic capacitor market.

 The years used for the assessment are as follows;

• Historic period: 2015-2017
• Base Year: 2018
• Forecast period: 2019 – 2025

OBJECTIVES:

• To classify the global ceramic capacitor market into various segments and analyze their growth prospects individually.
• To analyze market trends, opportunities, drivers and restraints associated with the ceramic capacitor market.
• Profiling key companies operating in the global ceramic capacitor market.
• To study market response with respect to the mergers and acquisitions in the industry.