December 12, 2018
WELLESLEY, Mass., Dec. 12, 2018 – Essential to the aerospace and space exploration, automotive, communications, computers and peripherals, consumer products, defense, entertainment, industrial and medical industries, the global ceramic capacitors market has soared in recent years, according to BCC Research.
The global market for ceramic capacitors is expected to grow from $14.8 billion in 2018 to $30.7 billion by 2023 at a compound annual growth rate (CAGR) of 15.7% for the period of 2018-2023, according to the report “Ceramic Capacitors: Technologies and Opportunity.”
Prominent market players include Tesla (TSLA), General Motors (GM), Toyota (TM), Honda (HNDAF), AFM Microelectronics, CTS, Darfon Electronics, Exxelia, Lipers Enterprise, Lucky Top Technologies, NIC Components, RCD Components, Samsung Electro-Mechanics, Viking Tech and Yageo, among many others.
“The ceramic capacitor industry continues to evolve and increase its market penetration, thanks to the introduction of new applications as well as technologies that consent to develop new products, reduce manufacturing costs and tap into markets traditionally covered by other capacitor types,” said Margareth Gagliardi, BCC Research analyst and author of this report.
Market Restraints Include Capacitor Shortages, Price Increases
Within the ceramics capacitors market, top restraints include a current capacitor shortage, steady unit price increases, a cyclical industry and limited use in certain applications due to the common presence of cracks and delamination in ceramic capacitors.
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Ceramic Capacitors: Technologies and Opportunities( AVM163A )
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