Global Silicon Capacitors Market: Overview
According to a new research report pertaining to the silicon capacitors market, published by Transparency Market Research , the global silicon capacitors market is expected to reach value of nearly 3,100 Mn by 2027, expanding at a CAGR of more than 8% from 2019 to 2027. According to the report, the global silicon capacitors market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.
High Stability and Reliability Ideal for Higher-temperature Applications Driving the Global Silicon Capacitors Market
- Silicon capacitors are commercially available in different sizes and different temperature rating. End users can easily choose their product-specific capacitors through different sales channels.
- These capacitors can be used at low frequencies. They are also suitable for various RF power applications. This is primarily because a silicon substrate provides excellent thermal conductivity, allowing higher power ratings than the alternative technologies available in the marketplace.
- Over the last few years, silicon capacitor technology has been successfully deployed in a wide variety of applications across the world. Its unique characteristics, ease of application and installation, and stellar performance have led to the emergence of a new era in capacitance. These factors are likely to fuel the global demand for silicon capacitors. This, in turn, is anticipated to drive the global silicon capacitors market during the forecast period.
- Rising investments and growing use in DC-DC converter and RF-based GaN applications are key factors expected to drive the global silicon capacitors market during the forecast period.
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Telecommunication Segment to Account for a Leading Shareof the Global Silicon Capacitors Market
- The report offers detailed segmentation of the global silicon capacitors market in terms of structure (deep-trench capacitors, MNOS capacitors, and MIS capacitors), sales channel (online and offline), and end-use industry (telecommunication, automotive, healthcare, aerospace & defense, and others). The global silicon capacitors market has also been segmented based on region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa).
- Among the end-use industries, the telecommunication segment accounted for a leading share of the global silicon capacitors market in 2018. The segment is anticipated to maintain its leading position in the global silicon capacitors market during the forecast period as well.
- Across the globe, the increase the number of telecommunication devices is likely to fuel the demand for silicon capacitors in the near future. Strong growth of communication networks and services is resulting in the rising demand for telecommunication equipment. Moreover, the increasing need for the miniaturization of electronic devices and growing requirement for high-power telecommunication devices are expected to surge the demand for silicon capacitors in the next few years.