About Mica Capacitors
Mica capacitor is a reliable and high precision capacitor, which uses mica as the dielectric to store electric charge. Mica is a silicate mineral which is frequently used as an electrical insulator in electrical applications. These capacitors are used in the applications where high accuracy and low capacitance change over time is desired. There are two types of mica capacitors, stacked mica capacitors and silver mica capacitors. The advantage of mica capacitors is it operates at high temperature.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.0% |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mica Capacitors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LBA Group (United States), Richardson RFPD (United States), Access Engineering Solutions LLC (United States), Premier Farnell PLC (United Kingdom), Teledyne Reynolds Inc. (United States), TTI, Inc. (United States), YAGEO (China), TDK Corporation (Japan), AVX Corporation (United States) and KEMET Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Advance-capacitors (India) and Walsin Technology Corp. (China).
Segmentation Overview
AMA Research has segmented the market of Global Mica Capacitors market by Type (Clamped Mica Capacitors and Silver Mica Capacitors), Application (General Electronic Devices, Resonance Circuits, Time Constant Circuits, Coupling Circuits, High-Power, High-Current RF Broadcast Transmitters, Defense Electronics, Power Conversion Circuits, Cable TV Amplifiers, Radio/TV Transmitters and Others) and Region.
On the basis of geography, the market of Mica Capacitors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Online will boost the Mica Capacitors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements and Improved Features
Market Growth Drivers:
Highly Accurate and Withstand At High Voltages and Increased Use in the Television and Computer Motherboards
Challenges:
High Cost of the Silver Mica Capacitors
Restraints:
Required Proper Sealing and Fluctuations in the Raw Material Prices
Opportunities:
Growing Consumer Electronic Industry Worldwide and Increasing Demand from Developing Countries
Market Leaders and their expansionary development strategies
In September 2023, ITASCA, Ill. & LIBERTY, S.C., has started partnerhsip which has advanced medtech microphones and balanced armature speakers and audio solutions, today announced strategic actions to accelerate its transformation to an industrial technology company focused on higher growth and higher value opportunities.
In December 2023, Cosmo Films launched metalized electrical grade BOPP films for capacitor application. These Fflms are used for capacitor manufacturing of various types of AC and DC capacitors. These capacitors have diverse applications ranging from electronics appliances, industrial applications, power electronics, automobiles, electric vehicles, renewable power systems, etc.
Key Target Audience
Mica Capacitor Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.