Broadband Capacitor Market Size Analysis, Industry Outlook, Current Trends, and Forecasts Report, 2023

Global broadband capacitor market is estimated to grow considerably in the coming years due to high demand for smartphones and increase in applications from automotive and telecom industries. Capacitor is a device that stores electric charge consisting of pairs conductors detached by an insulator. It is specially designed to add capacitance to any circuit. Broadband capacitors are mainly used for connecting RF (radio frequency) signals for avoiding them to ground while blocking during charging. They are used in high speed data or optoelectronics, TOSA/ROSA (Transmit/Receive optical subassemblies), broadband test equipment, millimetre wave oscillators and wave amplifiers, and broad band microwave.

The key drivers of broadband capacitor market comprise increasing need for quality MLCCs in electrical devices, rise in demand for consumer electronics, and growing demand from industries like medical, industrial, military that need high reliability. Moreover, increasing use of IoT in most wearable devices, industrial automation, automated cars, and smart homes is also expected to boost the market. However, growing awareness about defects MLCC material functionalities is hampering the market growth.

Few trends observed in the broadband capacitor market are rise in adoption of digital televisions, technological innovations in ceramic-based capacitors, and growing popularity of Internet of Things. Growing population of emerging economies like China and India is the key reason behind high adoption of digital televisions. Also, in the recent past, Sony, LG, Samsung rolled out significant number of TV models in the market. The market also witnessed technological advancements like additional flexible termination layer. This layer safeguards electrical integrity during the application of external forces. IoT in capacitors enable data transfer over wireless or wired network with no human intervention.

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Broadband capacitor market is categorized on the basis of type, application, and geography. On the basis of type, market is divided into tantalum capacitor, aluminium capacitor, ceramic capacitor, and paper & plastic AC & DC film capacitor. Ceramic capacitor segment is expected to lead the market in future since they are economic and are highly demanded for use in line voltage segment. These strong performing capacitors also have applications in consumer electronics.

In terms of application, market is divided into consumer electronics, telecom industry, automotive, and computers. Telecom industry is expected to hold significant share of the the market owing to the shift from customary handsets to advanced smartphones. Advanced smartphones need tantalum chip capacitors and multilayer ceramic capacitors to meet the increasing demand.

Geographically, broadband capacitor industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to dominate the market owing to high revenue contribution from the region, increase in population and high demand for smartphones. High revenue contribution can be attributed to large number of established OEMs (original equipment manufacturer) and ODMs (original design manufacturers) of industrial and automotive industry. Further, North America and Europe are also expected to lead the market.

The major players profiled in broadband capacitor market include TDK (EPCOS), American Technical Ceramics Corporation, Murata, Payton, Vishay, Taiyo yuden, Rubycon Corp, Kemet, Panasonic Electronic Components, TOKO, Hitachi AIC, TE Connectivity AMP Connectors, and United Chemi-Con.

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