LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global discrete capacitors market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
Chetan Mohan, a lead analyst from Technavio, specializing in research on sensors sector, says, “The global discrete capacitors market is expected to reach USD 25 billion by 2020, growing at a CAGR of over 5% during the forecast period. Discrete capacitors are the most widely produced capacitors in both the electronics industry and the semiconductor industry. They are mainly used in the manufacture of electronic devices such as consumer appliances, smartphones, tablets, automobiles, and industrial machines. In 2015, APAC was the largest market for discrete capacitors, with a revenue share of more than 75%.”
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The top three emerging trends driving the global discrete capacitors market according to Technavio hardware and semiconductor research analysts are:
- Growing trend of Internet of Things
- Increased adoption of digital TVs
- Technological advances in ceramic-based capacitors
Growing trend of Internet of Things (IoT)
IoT is essentially connecting electronic devices to the internet, and thereby facilitating data transfer over a wireless (or wired) network. The essence of this technology is that it needs negligible human intervention. The devices needed for this technology should have actuators and sensors that play the key role in mobile sensing and ensuring that the technology delivers efficient performance.
IoT integrates technologies such as data communication, hardware design, data storage, and data mining. IoT-based applications can also be used for home surveillance. Video cameras and motion sensors that are battery operated, installed across different locations in a house, can transfer the recorded data through a wireless network. This data can be stored on the cloud and further processed to identify an intrusion. In the case of an intrusion, the video recorded by the cameras and the motions detected by the sensors can be streamed onto mobile devices of security officers to alert them to a possible threat. The role of sensors is crucial and hence relevant to the effectiveness of IoT in terms of enhancing security measures for end-users.
Furthermore, IoT will be utilized the most in wearables, smart homes, industrial automation, and automated cars. Capacitors are a crucial part of all these devices and systems. Capacitors are also used in heating, ventilation, and air conditioning (HVAC) systems. Temperature controls integrated with lighting solutions can provide data on hot and cool spots in a building to optimize HVAC use. “Thus, with the proliferation of IoT, the market for discrete capacitors will also grow during the forecast period,” says Chetan.
Increased adoption of digital TVs
Although the penetration of smart TVs in mature markets such as the Americas is almost complete, digital TV penetration in emerging markets such as APAC has seen growth. In 2015, prominent players such as Samsung, Sony, and LG rolled out a considerable number of smart TV models into the global market.
Capacitors play a key role in the functioning of smart TVs. Technologies such as LED and network interfaces all require efficient functioning of relevant capacitors installed into the product. In addition, the demand for more features in a smart TV has boosted the average semiconductor content in a typical smart TV. This has increased the demand for capacitors in this segment.
Technological advances in ceramic-based capacitors
There is a need to improve capacitor performance to provide more reliable products. FLEXITERM from AVX Corp. was created as an additional flexible termination layer added to the component, thus safeguarding electrical integrity while external forces are applied. FLEXITERM is used in combination with base metal electrode (BME) technology. This provides the advantage of eliminating the issues of the high material cost associated with PdAg capacitor technology and providing increased reliability performance.
The enhancement in thermal and flex performance results in a more efficient and reliable solution where the component is operated in very demanding environments or the board flex in manufacturing is a problem.
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