Tantalum Capacitors Market 2022
The global tantalum capacitors market is estimated to register a CAGR of around 6% during the forecast period (2022-2031).
Technological improvements have been gaining significant traction in tantalum capacitors over the past couple of years. As a result, tantalum capacitors are used in a wide variety of circuits, electronic gadgets, automotive industry, cell phones, and others, most often in the form of Surface Mounted Devices (SMDs). Very less space is claimed by these surface mount tantalum capacitors on printed circuit boards, which allows for greater packing densities.
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With rapid increase in the use of electronic gadgets, demand for capacitors is also increasing, thereby promoting growth of the market. Tantalum capacitors have numerous applications because of their long-term stability, high capacity, reliability, and low leakage current. Hence, they are used in sample and hold circuits, medical devices, audio amplifiers, and also for power supply filtering on motherboards of electronic gadgets such as laptops and cell phones.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Vishay Intertechnology, Inc., AVX Corporation, KEMET Corporation, Abracon, Suntsu Electronics, Inc. (Nemco), Panasonic Corporation, ROHM Co., Ltd., NTE Electronics Inc., TE Connectivity, Exxelia, Vicor Corporation, Samsung Electro-Mechanics, NIC Components Corp., Matsuo Electric Co., Ltd., Sunlord and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Tantalum Capacitors.
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Key Takeaways from Market Study
- Demand for wet tantalum capacitors is projected to grow at a significant rate over the forecast period, owing to their superior features such as volumetric efficiency, high reliability, electrical stability over a wide temperature range, and long service life.
- Surface mount capacitors are expected to hold a majority of the market share. However, over the coming years, leaded/through-hole mount capacitors are likely to grow at a significant rate of nearly 7%.
- The industrial segment is estimated to contribute a major market share in 2031. However, the automotive segment is expected to grow at the highest CAGR, owing to wide range of application in automotive electronics, ranging from cabin entertainment, airbags, and ABS, to under hood applications and autonomous car control systems.
- Among the regions, the market in South Asia & Pacific is estimated to register the highest CAGR. The region is primarily driven by increase in demand from end-user industries such as electronics, aerospace, and medical equipment.
- In the U.S., sales are expected to increase at a CAGR of over 3% over the next ten years.
- The market in India is expected to progress at a noteworthy CAGR of more than 12% through 2031.
- The market for tantalum capacitors in the U.K. and China is expected to surge ahead at CAGRs of around 8% and 6%, respectively.
“Over the past decade, tantalum capacitors have gained popularity in avionic, military designs, and the medical field. Today, manufacturers of tantalum capacitors have set their sights on the automotive industry as the next area of growth,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Tantalum Capacitors Market Manufacturers
Tantalum Capacitors Market Distributors/Traders/Wholesalers
Tantalum Capacitors Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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