Silicon Capacitors Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 6.10 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Silicon Capacitors Market Analysis
The Silicon Capacitors Market is expected to register a CAGR of 6.10% during the forecast period(2024-2029).
The trend of miniaturization in the electronics industry is steadily increasing, creating opportunities for silicon capacitor manufacturers. Because of their low failure risk and temperature stability in various electronic devices, silicon capacitors are expected to gain even more popularity.
- The rising penetration of miniaturized electronic devices, the automotive industry, and the growing demand for thin-film transmission lines with high RF (radio frequency) performance are driving market growth. Furthermore, according to IBEF, the Indian automotive enterprise is targeting to increase the export of vehicles by five times during 2016-26. In FY22, total automobile exports from India stood at 5,617,246.
- According to IBEF, the government set a target to get USD 2.4 billion in investments in the electronics manufacturing segment by 2022. Further, the Indian government's National Policy on Electronics aims to facilitate a turnover of USD 400 billion in domestic manufacturing by 2025. Government initiatives to increase the electronics sector may further drive the studied market's growth.
- Moreover, many firms are concentrating on technical developments in silicon capacitors and investing in research and development to expand electronics products for harsh environments, further driving market growth in future periods.
- For instance, in April 2022, ELOHIM, a South Korean high-tech silicon capacitor semiconductor R&D company, partnered with a global company to develop an ultra-small, high-density silicon capacitor for 5G applications. The company plans to use 5G smart devices as a starting point to expand its application areas to autonomous driving and artificial intelligence. Technological developments in silicon capacitors may further drive market growth.
- Furthermore, Semiconductor Manufacturing International Corp. (SMIC) recently announced plans to invest USD 8.87 billion in building a semiconductor plant in Shanghai. Additionally, the business will focus on integrated circuit foundries and technology services for 28 nanometer and higher process modes thanks to a joint venture with LingangFTZ, in which SMIC owns a majority stake in. These expansions by the vendors are expected to drive the study market.
- Moreover, the silicon capacitor market registered a drop in growth due to the COVID-19 pandemic. The government's restriction on mobility caused a brief halt to significant manufacturing activities in end-user verticals, which had an impact on the demand for silicon capacitors. Industries highly dependent on China for raw materials experienced a severe downfall in their business owing to the disruption in the raw material supply chain. However, many of these effects are short-term. Precautions and safeguards by governments worldwide to support the automotive and semiconductor sectors could help revive industry growth.
Silicon Capacitors Market Trends
MOS Technology to hold Significant Market Share
- Metal oxide semiconductor capacitors are utilized in hybrid circuits to deliver better frequency characteristics, reliability, and withstanding voltage. Furthermore, MOS capacitors also work great in advanced techniques with filtering, decoupling, higher capacitance, and improved bypassing capabilities.
- According to the Statistics Bureau of Japan, industry revenue from resistors, capacitors, transformers, and composite parts was recorded at USD 16.32 billion in 2022. It is expected to reach USD 17.02 billion in 2024.
- Moreover, companies are developing hybrid circuits for high thermal loading, high reliability and lifetime, good long-term performance, excellent tracking of resistors, and good electromagnetic compatibility. The growing use of hybrid circuits may further drive the demand for MOS capacitors.
- MOS capacitors are a significant part of the MOSFET structure. Further, investments in such technologies may drive market growth in future periods. In March 2022, Microchip announced the development of its SiC portfolio with the release of low-on-resistance 3.3 kV SiCMOSFETs. It heightened current-rated SiCSBDs, allowing designers to use ruggedness, trustworthiness, and performance. With the expansion of its SiC portfolio, developers are equipped with the tools to design smaller, more lightweight, and more efficient solutions for electrified transportation, renewable energy, aerospace, and industrial applications.
- In addition, the miniaturization of electronic devices and the rising use of smartphones and tablets, as they can handle complex and refined functions effectively, may fuel demand for the studied market. For instance, according to the Consumer Technology Association, countries like China and the United States are the world's largest consumer electronic markets, with combined revenues of over USD 350 billion. Furthermore, according to the government's data, the Indian instrument and consumer electronics industry is projected to double to INR 1.48 lakh crore by 2024-2025. This is further anticipated to boost the need for MOS semiconductors.
- Demand for metal oxide semiconductor capacitors is anticipated to expand, as MOS capacitors offer benefits such as sensitivity that can be activated at any time. The relations between the gas and gate produce several charges, or dipoles, at the gate SiO2 interface.
Asia-Pacific to Experience Significant Market Growth
- Silicon capacitors are essential in electronic devices in several sectors, including healthcare and medical devices and key emerging technologies like artificial intelligence and quantum computing. They are also a crucial component of the automotive and consumer electronics segments.
- Moreover, the growing demand for electric vehicles from the automotive sector also propels the need for metal oxide semiconductor (MOS) capacitors in hybrid circuits. According to IBEF, India focuses on electric cars to reduce emissions. In addition, in March 2022, MG Motors, owned by China's SAIC Motor Corp., announced plans to raise USD 350-500 million in private equity in India to fund its future needs, including EV expansion. Such expansion in the automotive segment in the region may further drive the studied market's growth.
- Furthermore, to cater to the extensive demand, the region is witnessing several expansion activities by various significant players. In addition, recently, the launch ceremony for China's first and the world's third silicon carbide vertically integrated industrial chain took place in Changsha High-tech Industrial Park in Central China's Hunan Province. It would be another step toward developing the domestic semiconductor sector and ensuring supply in the face of the US blockade of China.
- In addition, the Hunan San'an Semiconductor Base is capable of producing 30,000 6-inch silicon carbide wafers per month once put into mass production and is expected to achieve annual sales of CNY 12 billion. The chips could be utilized in multiple fields involving advanced technologies, including server power supply, communication, solar power, and smart power grids. At the same time, China's huge market and strong policy support for 5G, clean energy, electric vehicles, and railways would provide a landing ground for applying the advanced chips, which may further drive market growth.
- Moreover, consumer electronics and passive element manufacturers continuously focus on their business evolution in the electronic markets in Asia. Thus, Asia-Pacific is home to the most extensive electronics industry cluster worldwide. Furthermore, high growth in the field of semiconductor manufacturing is a significant factor that is anticipated to drive the silicon capacitor market in the forecast period.
- According to IBEF, India has a fast-growing electronics system design manufacturing (ESDM) industry. India also has a solid design base with more than 120 units. According to the Department of Electronics and Information Technology (DeitY), almost 2,000 chips are being designed annually in India, and more than 20,000 engineers are working on diverse aspects of chip design and verification. The government has a strong focus on developing the ESDM ecosystem in India. In addition, Next Orbit Ventures, a growth-stage investor, is planning to invest USD 100 million in a Gujarat-based semiconductor fabrication project through its fund concentrated on the Electronic System Design and Manufacturing sector. Such developments may further drive market growth in the region.
Silicon Capacitors Industry Overview
The silicon capacitor market is consolidated, with a few vendors controlling most of the market share. Most firms spend heavily on exhaustive research and development and new product expansion. Expansion of product portfolios and mergers and acquisitions are major strategies the key players adopt.
In November 2023, Silicon Mitus, a company specializing in power management and analog semiconductors, announced that it has signed a contract to develop ultra-small silicon capacitors for high frequency with a major electronics manufacturer in Korea and has supplied trial samples.
In August 2022, Smoltek Semi, a global electronic component company, and Yageo Group subsidiary signed a joint development agreement (JDA) to commercialize a silicon-based carbon nanofiber discrete capacitor. This discrete capacitor's target thickness is 40 microns. Landside decoupling for microprocessors is an increasing area of interest for miniaturization within the semiconductor industry.
Silicon Capacitors Market Leaders
Murata Manufacturing Co., Ltd
Vishay Intertechnology, Inc.
Skyworks Solutions, Inc.
Empower Semiconductor
TSMC
*Disclaimer: Major Players sorted in no particular order
Silicon Capacitors Market News
- July 2023 - India signed a Memorandum of Cooperation with Japan to boost semiconductor ecosystem development. The MoC signed between Japan and India would cover semiconductor development, manufacturing, research, design, and talent development.
- February 2023: Pangyo Techno Valley, an advanced specialist in Power Management Integrated Circuit (PMIC) and analog semiconductors, announced that it designed an ultra-small silicon capacitor for high frequency and provided samples for evaluation to its customers.
Silicon Capacitors Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Popularity of Miniaturization in the Automotive Industries
5.1.2 Growing Technological Advancements
5.2 Market Challenges
5.2.1 High Charge Leakages and Lower Capacitance Range of Silicone Capacitors
6. MARKET SEGMENTATION
6.1 By Technology
6.1.1 MOS Capacitors
6.1.2 MIS Capacitors
6.1.3 Deep-trench Silicon capicators
6.2 By End-User Applications
6.2.1 Automotive
6.2.2 Consumer electronics
6.2.3 IT and Telecommunications
6.2.4 Aerospace and defense
6.2.5 Healthcare
6.2.6 Other End-User Applications
6.3 By Geography
6.3.1 North America
6.3.2 Europe
6.3.3 Asia-Pacific
6.3.4 Rest of the World
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Murata Manufacturing Co., Ltd
7.1.2 Vishay Intertechnology, Inc.
7.1.3 Skyworks Solutions, Inc.
7.1.4 Empower Semiconductor
7.1.5 TSMC
7.1.6 KYOCERA AVX Components Corporation
7.1.7 Microchip Technology Inc.
7.1.8 ELOHIM Inc.
7.1.9 Massachusetts Bay Technologies
7.1.10 MACOM Technology Solutions Holdings, Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Silicon Capacitors Industry Segmentation
Silicon capacitors have wide operating frequency ranges and are ideal for high-speed digital circuits. They have a wide operating temperature range and good long-term stability, making them suitable for all selective applications such as medical, telecom, industrial, and high-reliability.
The silicon capacitors market is segmented by technology (MOS capacitors, MIS capacitors, deep-trench silicon capacitors), end-user applications (automotive, consumer electronics, IT and telecommunications, aerospace and defense, healthcare), and geography (North America, Europe, Asia-Pacific, Rest of the World). The impact of COVID-19 on the market and impacted segments is also covered under the scope of the study. Further, the disruption of the factors affecting the market's expansion in the near future has been covered in the study regarding drivers and restraints. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Technology | |
| MOS Capacitors | |
| MIS Capacitors | |
| Deep-trench Silicon capicators |
| By End-User Applications | |
| Automotive | |
| Consumer electronics | |
| IT and Telecommunications | |
| Aerospace and defense | |
| Healthcare | |
| Other End-User Applications |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Rest of the World |
Silicon Capacitors Market Research Faqs
What is the current Silicon Capacitors Market size?
The Silicon Capacitors Market is projected to register a CAGR of 6.10% during the forecast period (2024-2029)
Who are the key players in Silicon Capacitors Market?
Murata Manufacturing Co., Ltd, Vishay Intertechnology, Inc., Skyworks Solutions, Inc., Empower Semiconductor and TSMC are the major companies operating in the Silicon Capacitors Market.
Which is the fastest growing region in Silicon Capacitors Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Silicon Capacitors Market?
In 2024, the North America accounts for the largest market share in Silicon Capacitors Market.
What years does this Silicon Capacitors Market cover?
The report covers the Silicon Capacitors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Silicon Capacitors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Silicon Capacitors Industry Report
Statistics for the 2024 Silicon Capacitors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Silicon Capacitors analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
