RF & Microwave Capacitors Market

Market Overview

The Global RF & Microwave Capacitors Market Size is expected to grow approximately CAGR of 5.9% during the forecast period.

Radio frequency (RF) refers to the rate of oscillation of an AC voltage, current, or electromagnetic waves in an electronic device or media. Nowadays, almost all electrical equipment use alternating voltages and currents at frequencies ranging from 50Hz to 100s of GHz. The term RFID refers to frequencies when the alternating current voltages surpass 20kHz. However, in the context of RF applications and RF capacitors, RF is frequently linked with frequencies ranging from a few MHz to several gigahertz. The phrases "RF" and "High Frequency" are occasionally used interchangeably when referring to high-frequency components and applications.

High RF power, RF and microwave frequencies, and optical applications require SMD capacitors. Among the technologies provided are Accu-P® capacitors with industry leading tight tolerance, ultra-broadband capacitors, single layer capacitors, high power RF capacitors, and high Q/low ESR multilayer ceramic capacitors. These capacitors can be used in consumer, commercial, industrial, telecommunications, automotive, military, aerospace, space, and medical applications and sectors.

Market Dynamics

Market Drivers

The increased demand for these capacitors in the electronics industry is aiding in the market's rise. This is due to an increase in the number of higher-specified devices being deployed at a rapid pace. The global market is quickly developing as a result of rising demand for tablets and smartphones, as well as the low cost of ceramic capacitors.

Market Restraints

Due to thickness fluctuations during manufacturing, ceramic layers in capacitors can become uneven, resulting in poor capacitor performance and early failure.

Manufacturing costs are predicted to rise significantly faster than in the previous two years, causing consumer electronics companies to raise their pricing.

Market Scope

Segmental Analysis

Segmentation By Type

• Ceramic Capacitor

Ceramics act as dielectrics in ceramic capacitors, whereas metal cladding acts as a conductor. Ceramic capacitors have grown in popularity over the years due to their widespread application in electrical devices. Ceramic capacitors provide new design qualities in addition to increased capacitance, enhanced filters, and decoupling capabilities. Because of its higher efficiency, ceramic capacitors are quickly becoming used in consumer electronics, automobiles, telecommunications, and the electric power industries. It will continue to be popular as global vehicle manufacturing rises and economies grow, fueling demand for electrical gadgets. 

• Film Capacitor

A film capacitor is an electrical capacitor that has a dielectric constructed of a thin plastic film. These capacitors find application in a variety of industries, including automotive, industrial, consumer electronics, and telecommunications.
Because of its low self-inductance, stability, and low cost, film capacitors have a wide range of applications. Depending on the required qualities, these capacitors can be metallized or left untreated following film manufacture.

Segmentation By Application

• Consumer Electronics

Consumer electronics are home electronics or digital technology intended for regular usage in the home. Consumer electronics are predicted to be among the most commonly used electronic devices since computers and communication are more important than ever in our daily lives. 

Consumer electronics companies make phones, computers and laptops, televisions, cameras, DVD players, and other items. 
As consumer technology advances, the distinction between consumer and professional items becomes increasingly blurred. When consumer electronics manufacturers are always competing with one another, having access to an up-to-date pricing tool to receive consistent insights and analyses from unbiased specialists is becoming increasingly crucial, so you can remain on top of any developments in this market.

• Industrial Machinery

Companies that manufacture light trucks and passenger vehicles are included in the automotive market. SUVs, vans, pickup trucks, and sedans are the most common types of vehicles.Commercial vehicles such as 18-wheelers, semi-trucks, and delivery trucks are all required, although being classified individually.

The bulk of vehicle components, such as bodywork and engines, are covered by the automotive market. Fuel, batteries, and tires are all critical components, despite being classified separately. For example, vehicle tires are a part of the highly specialized tire manufacturing business.

• Defence

Defense encompasses a wide range of operations, including the manufacture of military equipment for use in the air, sea, and land, as well as support and auxiliary equipment such as radar,satellites, sonars, and other auxiliary equipment, as well as defense equipment maintenance, repair, and refurbishment.

Air-based defense equipment, sea-based defense equipment, land-based defense equipment, defense equipment maintenance, repair, and overhaul services, defense support, and auxiliary equipment are the primary categories of defense equipment. Auxiliary and support equipment such as radar, satellites, sonar, and other auxiliary equipment are included in air-based defensive systems. The many tasks include aerial, ground, and naval platforms, as well as autonomous defensive equipment and instructions.

Regional Analysis

The Global RF & Microwave Capacitors Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

North America is expected to hold the largest share of the market during the forecast period, due to the high demand for RF and microwave capacitors in various industries, such as aerospace and defense, telecommunications, and medical, among others.

The Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing adoption of wireless communication technologies and the rising demand for consumer electronics and automotive applications.

Key Players

1. AVX Corporation
2. American Technical Ceramics
3. Johanson Technology
4. Murata Manufacturing
5. Knowles
6. Wright Capacitors
7. Electro-Photonics LLC
8. T-Ceram
9. Capax Technologies
10. Teknis Ceramic Products
11. Taiyo Yuden
12. Exxelia Group
13. Vishay
14. Kemet

Recent Developments

2020 February The first product to utilise the ground-breaking innovative laminated bus plate technology was ABB's NeoGearTM low-voltage switchgear. NeoGear's busbar technology in switchgear is the best option when space is at a premium because of its 25% lower footprint.