Market Trends of Silicon Capacitors Industry
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.
Understand The Key Trends Shaping This Market
Download Sample
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.
Get Analysis on Important Geographic Markets
Download Sample
