The Global Discrete Capacitors Market is expected to be worth $28.9 billion by 2027

 



A discrete capacitor is a small rechargeable battery that can store energy in the form of an electric charge and generate a potential difference across its plates. It has become an essential component of many electronic devices and is widely used in their production. The global discrete capacitor market is expected to grow at a steady pace during the forecast period, owing to its increasing adoption across various sectors to meet the rising demand for energy-efficient devices. Furthermore, the growing trend of miniaturization in consumer electronics such as smartphones is expected to drive demand for the discrete capacitor market.

The increasing popularity of IoT devices, as well as the increased use of sensors and capacitors, are expected to increase the use of sophisticated discrete capacitors with high capacitance. Furthermore, the growing trend of miniaturizing consumer electronic devices is expected to increase demand for these smaller and more technologically advanced capacitors.

The global discrete capacitors market is expected to be worth $28.9 billion by 2027.

Amid the COVID-19 crisis, the global  Discrete Capacitors Market, estimated at US$22.8 billion in 2020, is expected to grow to US$28.9 billion by 2027, growing at a CAGR of 3.5 percent over the analysis period 2020-2027.

The global discrete capacitor market is divided into three categories based on configuration type: low loss, medium loss, and electrolytic. Electrolytic capacitors are in high demand due to their increasing use in the health care, information, and telecommunications, and automotive industries.

The market is divided into four product types: ceramic, aluminum, paper & plastic AC & DC film, and tantalum. Because of their excellent dielectric properties, low cost, reliability, improved life, and robust performance, ceramic capacitors are expected to dominate the market.

Discrete capacitors are also used in a variety of end-user industries, including information and telecommunications, health care, consumer electronics, automotive, and others.

The global discrete capacitor market is divided into North America, Europe, Asia Pacific, the Middle East, and Africa, and Latin America. The Asia Pacific market is expected to grow rapidly during the forecast period due to the presence of prominent players such as Sony, Samsung, and LG, which have introduced numerous smart TV models in which discrete capacitors play an important role. Network interface and LED technologies, for example, necessitate the efficient operation of the capacitors installed in the product. The demand for more features in smart television sets, on the other hand, is expected to propel the discrete capacitor market.

AVX Corporation (The United States), ASC Capacitors (The United States), Murata Manufacturing Co., Ltd (Japan), KEMET Corporation (The United States), Matsuo Electric Co. Ltd. (Japan), Maxwell Technologies (The United States), American Technical Ceramics Corporation (The United States), Matsuo Electric Co., Ltd (Japan), AFM Microelectronics Inc. (The United States), and others are key vendors operating in the global discrete capacitor market.

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