Tantalum Capacitors Market

Tantalum Capacitors Market - An Overview

The global tantalum capacitors market is expected to witness strong growth during the forecast period between 2021 and 2031.

Tantalum capacitors are subtype of an electrolytic capacitor. Tantalum capacitors comprise tantalum metal that functions as an anode. The anode contains a coating of insulating oxide layer, which behaves as a dielectric with a conductive cathode around the anode.

Tantalum capacitors are deployed in a thin layer dielectric and have been used in different applications such as medical devices, audio amplifiers, military applications, and electronic gadgets.

Tantalum capacitors are generally polarized, which means the product can be connected to direct current source if the terminal polarity is correct.

Tantalum Capacitors Market - Trends and Opportunities

Increasing product demand from electronics industry is the key growth driver of global tantalum capacitors market.

Also, rising presence of recycled tantalum in products could help fuel product demand and help create revenue-generating opportunities for leading players, in the coming years.

In addition to this, increasing use of electronic gadgets such as smartphones is expected to trigger product demand and augment the growth in global tantalum capacitors market, in years to come.

Other factors such as advancements to existing products and increasing disposable income could also contribute to growth in tantalum capacitors market, in future.

Electronic gadgets application segment is expected to emerge as largest revenue contributor to overall market because of increasing product deployment in manufacturing of electronic devices in prominent countries worldwide.

Tantalum Capacitors Market - Competitive Landscape

The global tantalum capacitors market is competitive, with the presence of several leading players. Many of these players are expected to account for a large share in overall market, in the coming years.

It is expected that entry of new players would further intensify the competition in global market, in the years ahead.

Prominent market players could look to gain an edge over other players and help create new revenue-generating opportunities, by launching new tantalum capacitors.

Vishay Intertechnology, in June 2021, announced the launch of new HI-TEMP surface-mount wet tantalum capacitors capable of functioning upto 200-degree Celsius.

Research and development activities to produce improved products could be key, revenue-generating growth strategy for well-established market players in future.

Other strategies such as signing of collaborative agreements with smaller players could help prominent tantalum capacitors market players in expanding their presence in global market and increasing their revenue shares.

Few leading players in global market include Panasonic Corporation, Kyocera Corporation, Vishay Intertechnology Inc., Sunlord Electronic Corp., and Abracon.

Tantalum Capacitors Market - Regional Assessment

The global tantalum capacitors market is classified into five regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Asia Pacific is expected to emerge as maximum revenue-generating region in global tantalum capacitors market because of increased manufacturing of products owing to supportive government policies in countries such as India and China.

Prominent market players could establish manufacturing units and research and development centers in Asia Pacific countries in future because of ease of availability of key resources such as land and labor which could further assist market growth in the region.

North America is anticipated to witness significant growth in global market in future owing to presence of developed information technology infrastructure in countries such as the U.S. and Canada.

Europe is projected to witness moderate growth in global tantalum capacitors market due to reduced presence of prominent market players in countries such as the U.K. and Germany.

Other regions of the world such as Latin America and Middle East and Africa are expected to witness sluggish growth in overall market, in the coming years.