Burnaby, Canada, September 05, 2014 --(PR.com
)-- On the basis of dielectric material used, capacitors are categorized into ceramic, film, electrolytic, solid double layer, carbon, dielectric, and paper & plastic capacitors. Electrolytic capacitors are further classified into aluminum and tantalum electrolytic capacitors. Electronic capacitors are used in various end user applications such as Information & Communication Technology (ICT), consumer electronics, industrial, infrastructure, automotive equipment, healthcare equipment and military equipment among others. Continuing growth in such application areas in China is spurring the demand for electronic capacitors in the country. In 2013, ceramic capacitors accounted for majority of the market revenues of China’s capacitor market.
According to a recently published TechSci Research report “China Capacitor Market Forecast & Opportunities, 2019”, the China’s capacitor market is estimated to reach around USD5.6 billion in 2014. Among all types of electronic capacitors, ceramic and aluminium capacitor are the most preferred ones. Moreover, MLCC &solid double layer capacitors are expected to be outperforming capacitor types, with polymer & hybrid capacitors also expected to witness increasing adoption in diverse applications due to their superior frequency and lower impedance characteristics.
“Demand for capacitors in China is driven by continuing growth in end user applications such as mobile phones, tablets, video cameras, PCs, notebooks, hard disks, DVD players, gaming consoles, general electronic circuits, TVs, microwave and UPS. Further, due to favorable government policies for boosting the country’s electronics manufacturing, we expect the growth trend in China’s capacitor market to continue over the next five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“China Capacitor Market Forecast & Opportunities, 2019” has analyzed the potential of electronic capacitor market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the capacitor market in China.