Silicon Capacitors Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.94 Billion |
| Market Size (2029) | USD 2.65 Billion |
| CAGR (2024 - 2029) | 6.43 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Silicon Capacitors Market Analysis
The Silicon Capacitors Market size is estimated at USD 1.94 billion in 2024, and is expected to reach USD 2.65 billion by 2029, growing at a CAGR of 6.43% during the forecast period (2024-2029).
- Silicon capacitors, predominantly single or multiple MIM structures, are crafted using semiconductor technologies. Their dielectrics, composed of silicon dioxide or silicon nitride, are favored for high-density applications, offering stability, reliability, and temperature resilience. These capacitors, with their robust performance, find utility in demanding environments. High-density variants employ 3D nano-shaped electrodes to enhance surface area.
- Silicon capacitors, crafted through semiconductor manufacturing methods, feature silicon dielectric layers for enhanced stability to enhance superior capacitance density and reliability and excel in high-frequency applications. These capacitors exhibit a significant aging time of up to a decade. They can operate at high temperatures and in harsh environmental conditions, driving the future market adoption of silicon capacitors.
- Due to their high frequency, ultra-small and thin for miniaturized design compatibility, and application in high-performance SoC package modules, silicon capacitors are finding increased utility in communication devices and consumer electronics, in line with the growth of 5G and even 6G communications worldwide.
- Although silicon capacitors have several benefits, including stability, high-frequency performance, and miniaturization, they also have some drawbacks. There are several drawbacks, including smaller capacitance ranges and higher charge leakages compared to more conventional capacitors like ceramic or tantalum. These limitations impede the expansion of the global silicon capacitor market.
- Various factors, including rising inflation, weak end-user demand, and reduced consumer spending during the COVID-19 crisis, impacted the demand for silicon capacitors. The Russo-Ukraine conflict and US-China tensions, including technology restrictions, are poised to hinder growth. However, the increasing demand for consumer electronic products, the emergence usage of electric vehicles, and the manufacturing expansion of semiconductor industries worldwide in the post-pandemic period would support the market's growth.
Silicon Capacitors Market Trends
Automotive Sector to Witness Major Growth
- One factor propelling the global silicon capacitor market is the growing acceptance of miniaturization in the automotive sector. Modern automotive technologies, such as autonomous driving systems, enhanced driver assistance systems, and electric cars (EVs), depend on the trend toward smaller, more economical, and higher-performing electronic components required in ADAS.
- Due to the low equivalent series resistance (ESR) of silicon capacitors, they are well known for being extremely energy efficient. This is crucial for EVs and HEVs, which depend on effective power management to increase battery life and driving range. The broad temperature range (-55 °C to +150 °C) over which silicon capacitors may function effectively makes them essential for automotive applications subjected to harsh climatic conditions. Silicon capacitor's small dimensions enable more adaptable and space-efficient designs to fit into the constrained interior of contemporary EV automotives.
- According to IEA, Electric car sales in emerging nations have more than doubled, but sales volumes still need to grow. In the first quarter of 2023, sales increased by 25% compared to the same period in 2022. Sales climbed significantly in the first half of 2022, and EIA implies that the global EV sales share was over 18% by the end of 2023. Therefore, silicon capacitors are among the miniaturized components in high demand as the industry moves toward smaller and more efficient power systems, and their demand is closely correlated with the significant increase in EV manufacturing.
- Signal integrity and high-speed data processing are critical to ADAS and autonomous cars. Silicon capacitors are strong candidates for high-frequency applications since they offer the reliable performance needed for sophisticated radar, LIDAR, and camera systems. Silicon capacitors' exceptional endurance and dependability guarantee steady performance throughout the car's life cycle, which is essential for safety-related applications in autonomous driving.
- According to Intel, the share of registered autonomous vehicles is expected to reach about 12% by 2030. The increasing prevalence of autonomous driving systems will drive demand for dependable high-frequency components such as silicon capacitors.
- The automotive industry's push for miniaturization drives the need for silicon capacitors. Reliability, performance, and compactness are critical for electrical components such as silicon capacitors, which are becoming more important in cars by integrating electric drivetrains, autonomous driving technologies, and intelligent entertainment systems. In addition to increasing the capabilities of modern cars, this factor is driving significant growth in the global silicon capacitor industry.
Asia-Pacific to Witness Significant Growth
- The region, particularly countries like China, Japan, South Korea, and Taiwan, is at the forefront of technological innovation. These countries are significant semiconductor manufacturing and electronics players, providing a solid foundation for adopting and developing silicon capacitors.
- According to the Telenor IoT Megatrends Report, the adoption of IoT in Asia-Pacific is expected to grow at an unprecedented rate, and more than 38.9 billion IoT devices will be there by 2030. The report stated that the revenue from cellular IoT connections would grow continuously.
- In February 2023, the Government of India allocated INR 16,549 crore (USD 2011.77 million) to the Ministry of Electronics and Information Technology, owing to the growing demand for electronics post-COVID-19. The government aims to invest INR 300 crore (USD 36.47 million) in the semiconductor mission to boost the semiconductor manufacturing and display manufacturing industry. This is expected to fuel the production of consumer electronics.
- Increasing demand, along with supportive government regulations to make the country an automotive manufacturing hub, is further driving the growth of the automotive sector in the region. For instance, India's Automotive Mission Plan 2026 is a mutual initiative by the Government of India and the Indian automotive industry to lay down the roadmap for the industry's evolution.
- The rise in demand for energy supply in the automobile industry has been a significant driver for growth in this sector. Exhaust emission control norms have become even more stringent in the country.
- For instance, to promote the manufacturing of hybrid and electric vehicle technologies to achieve electrification by 2030 ultimately, the government has even launched the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India Under the National Electric Mobility Mission Plan (NEMMP) as silicon capacitors are increasingly used in the electronics and subsystems of electric vehicles. Such trends are expected to support the growth of the market studied.
Silicon Capacitors Industry Overview
The silicon capacitor market is semi-consolidated. Considering the market penetration and ability to invest in new technologies, the competitive rivalry is expected to grow in the future. This may be termed beneficial for the buyers, as product differentiation would be a determinate factor during the forecast period. Some of the key players include Murata Manufacturing Co. Ltd, Vishay Intertechnology Inc., Skyworks Solutions Inc., Empower Semiconductor, and TSMC.
- May 2024 - Empower Semiconductor revealed the largest silicon capacitor in its ECAP product range for high-frequency decoupling. The new EC1005P is a single 16.6-microfarad (μF) capacitance device suitable for the most demanding power integrity goals typically found in high-performance systems-on-chip (SoCs). It offers ultra-low impedance up to 1 GHz in a compact form that may be inserted into the substrate or interposer of any SoC, making it well-suited for high-performance computing (HPC) and artificial intelligence (AI) applications.
- October 2023 - Nexperia announced a strategic partnership with KYOCERA AVX Components (Salzburg) GmbH, a global manufacturer of advanced electronic components. Together, they will develop a new 650 V, 20 A silicon carbide (SiC) rectifier module. This module is designed for high-frequency power applications within the 3 kW to 11 kW power stack range. Target applications include industrial power supplies, EV charging stations, and on-board chargers. This collaboration signifies a significant advancement in the longstanding partnership between the two companies.
Silicon Capacitors Market Leaders
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Murata Manufacturing Co. Ltd.
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Vishay Intertechnology Inc.
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Skyworks Solutions Inc.
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Empower Semiconductor
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TSMC
*Disclaimer: Major Players sorted in no particular order
Silicon Capacitors Market News
- May 2024: Microchip Technology acquired Neuronix AI Labs, enhancing its portfolio with advanced AI capabilities designed for power-efficient solutions on field programmable gate arrays (FPGAs).
- April 2024: Elohim unveiled a groundbreaking high-density silicon coupling capacitor, setting a new benchmark in high-frequency electronic devices. This innovation, designed for frequencies up to 60 GHz, combines high capacitance with a compact form factor, addressing the growing demand for miniaturized coupling solutions. Building on Elohim's proven expertise in semiconductor passive devices and the success of their decoupling capacitors, this development highlights the company's dedication to leading-edge innovation. Elohim's high-density silicon coupling capacitor is engineered for high-frequency applications and features exceptional specifications. It offers a capacitance range of up to 100 nF in a compact 0.6 mm x 0.3 mm size (or 220 nF in a 1.2 mm x 0.7 mm form).
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 Technology Trends
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Intensity of Competitive Rivalry
4.4 Industry Value Chain Analysis
4.5 Technology Snapshot
4.6 Assessment of the Impact of COVID-19 and the Impact of Macroeconomic Factors 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 Capacitors
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
6.3.4 Australia and New Zealand
6.3.5 Latin America
6.3.6 Middle East & Africa
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.
8. 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, and deep-trench silicon capacitors), end-user applications (automotive, consumer electronics, it and telecommunications, aerospace and defense, healthcare, and other end-user applications), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers the market size in value terms in USD for all the abovementioned segments.
| By Technology | |
| MOS Capacitors | |
| MIS Capacitors | |
| Deep-trench Silicon Capacitors |
| By End-user Applications | |
| Automotive | |
| Consumer electronics | |
| IT and Telecommunications | |
| Aerospace and defense | |
| Healthcare | |
| Other End-user Applications |
| By Geography*** | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East & Africa |
Silicon Capacitors Market Research FAQs
How big is the Silicon Capacitors Market?
The Silicon Capacitors Market size is expected to reach USD 1.94 billion in 2024 and grow at a CAGR of 6.43% to reach USD 2.65 billion by 2029.
What is the current Silicon Capacitors Market size?
In 2024, the Silicon Capacitors Market size is expected to reach USD 1.94 billion.
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 Asia Pacific accounts for the largest market share in Silicon Capacitors Market.
What years does this Silicon Capacitors Market cover, and what was the market size in 2023?
In 2023, the Silicon Capacitors Market size was estimated at USD 1.82 billion. 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.
Silicon Capacitors Market Report Snapshots
