Chip capacitors are passive integrated circuit (IC) components that stores electrical energy. These capacitors are simply manufactured as integrated circuit (IC) devices, also known as chips or microchips. They are typically square or rectangular in shape, with the length and width of the device determining its power rating. Chip capacitors typically do not have leads and mount directly onto a printed circuit board (PCB), and are therefore considered surface mount (SMT) products.

Enhanced frequency characteristics of chip capacitor and high resistance of these capacitors to abnormal voltage impact the chip capacitor market growth. Moreover, performance advantages offered by MLCCs such as high capacitance & lower impedance and their compact size boost the growth of the chip capacitor market. In addition, highly prone to physical damage such as cracking, increasing automotive electronics, and upsurge in demand of the consumer electronics affects the growth of the global chip capacitor market. These factors are anticipated to hamper the chip capacitor market growth.

The global chip capacitor market is segmented on the basis of type, mounting type, packaging type, industry vertical, and geographical region. On basis of type, chip capacitors market can be segmented into ceramic capacitor, film capacitor, and aluminum electrolytic capacitor. Ceramic capacitors can also be used as a general purpose capacitor, because of their non-polarity and are available in a large variety of capacitances, voltage ratings, and sizes. By mounting type, the chip capacitor market can be segmented into surface mount and through hole. By industry vertical, chip capacitor market can be segmented into tape reels, trays, or shipping tubes. By industry vertical, chip capacitor market can be segmented into telecommunications, automotive, military, medical, and consumer electronics. Rise in demand for consumer electronics has been increasing, especially in the developing countries such as India, China, and others. Factors such as increase in disposable income, and developing technology will increase the demand for consumer electronics, thereby propelling the chip capacitor market growth.  This is attributed to the fact that consumer electronics such as televisions, mobile phones, MP3 players, and other such devices are incorporated with a number of capacitors. In addition, smart TVs and LED TVs have already replaced the traditional CRT TVs. This in turn is anticipated to create numerous opportunities for the key players operating in the global MLCC market. By geographical region, the global chip capacitor market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to have largest market share during estimated period and is expected to witness significant growth owing to the presence of large manufacturing and oil & gas companies working in this region. The region, along with Europe, is one of the developers in adopting new technologies, which is also one of the key factors for the high CAGR in this region.

Acquisitions and Merger, new product introductions, investments, and corporations & developments are the key strategies adopted by market companies to ensure their growth in the chip capacitors market. The key players such as Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, TDK Corporation, Kyocera (AVX), Taiyo Yuden Co. Ltd., YAGEO Corporation, Walsin Technology Corporation, KEMET, Vishay, Darfon Electronics Corp. are operating in the chip capacitors market.

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Chip Capacitor Market

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