High Temperature Capacitor Market is Booming as Oil & Gas is Expected to be the Most Attractive Industry by 2030 | TMR
High Temperature Capacitor Market is Booming as Oil & Gas is Expected to be the Most Attractive Industry by 2030 | TMR
Published by TMR Research Insights
Posted on October 7, 2021
High temperature capacitors provide stable electric performance at high temperatures i.e. above 175 degree Celsius
At such high temperature, these capacitors sustain thermal shock, cracking, and thermal cycling solder joint fatigue as well as ensure a long operating life
High temperature capacitors offer ultra-low ESR with efficient ripple and inrush current capability. Therefore, they are largely preferred in avionics and oil & gas industry to withstand high humidity and dust as well as shock and vibration.
Ceramic and tantalum are currently replacing film capacitors for temperature range above 150 degree Celsius to achieve high temperature ratings
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Rising Demand for High Temperature Capacitors in Oil & Gas and Automotive Sectors
High temperature capacitors have always been used in downhole electronics applications. Oil & gas is expected to be the most attractive industry for the high temperature capacitor market during the forecast period owing to increased need to drill deeper and explore hostile locations.
Besides the automotive sector, demand for high temperature capacitors is rising significantly due to the outlook for electrical aircrafts in the avionics industry. With power electronics replacing hydraulic systems in aircrafts, high temperature capacitors are anticipated to find numerous applications in their electric braking systems, landing systems, motor controls, etc.
North America to Lead the High Temperature Capacitor Market
In terms of region, the global high temperature capacitor market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America comprises the largest market share owing to high demand for high temperature capacitors in Measurement While Drilling (MWD) tools, logging tools, and product monitoring tools in the oil & gas industry
Europe has the second largest share of the high temperature capacitor market due to increased utilization of high temperature capacitors in automotive electronics in engine, transmission, and brake systems for transmission temperature range between 200 to 250 degree Celsius. Furthermore, the region is witnessing increased penetration of high temperature capacitors in avionics power electronics applications to withstand extensive thermal cycling over a long operating life.
The high temperature capacitor market in Asia Pacific and Middle East & Africa is also expected to expand at a significant rate owing to its high demand in automotive and oil & gas applications in the respective regions
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Key Players Operating in the Global High Temperature Capacitor Market
The global high temperature capacitor market was highly fragmented in 2019. Major players operating in the global market are focusing on capacitor technology for further research and development aimed at enhancing operating temperatures above 200ºC. Moreover, manufacturers are experimenting with different package types that are suitable for elevated temperature ranges in harsh environments.
Some of the key players operating in the high temperature capacitor market are listed below:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
High temperature capacitors provide stable electric performance at high temperatures i.e. above 175 degree Celsius
At such high temperature, these capacitors sustain thermal shock, cracking, and thermal cycling solder joint fatigue as well as ensure a long operating life
High temperature capacitors offer ultra-low ESR with efficient ripple and inrush current capability. Therefore, they are largely preferred in avionics and oil & gas industry to withstand high humidity and dust as well as shock and vibration.
Ceramic and tantalum are currently replacing film capacitors for temperature range above 150 degree Celsius to achieve high temperature ratings
Stuck in a neck-to-neck competition with other brands? Request a custom report
Rising Demand for High Temperature Capacitors in Oil & Gas and Automotive Sectors
High temperature capacitors have always been used in downhole electronics applications. Oil & gas is expected to be the most attractive industry for the high temperature capacitor market during the forecast period owing to increased need to drill deeper and explore hostile locations.
Besides the automotive sector, demand for high temperature capacitors is rising significantly due to the outlook for electrical aircrafts in the avionics industry. With power electronics replacing hydraulic systems in aircrafts, high temperature capacitors are anticipated to find numerous applications in their electric braking systems, landing systems, motor controls, etc.
North America to Lead the High Temperature Capacitor Market
In terms of region, the global high temperature capacitor market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America comprises the largest market share owing to high demand for high temperature capacitors in Measurement While Drilling (MWD) tools, logging tools, and product monitoring tools in the oil & gas industry
Europe has the second largest share of the high temperature capacitor market due to increased utilization of high temperature capacitors in automotive electronics in engine, transmission, and brake systems for transmission temperature range between 200 to 250 degree Celsius. Furthermore, the region is witnessing increased penetration of high temperature capacitors in avionics power electronics applications to withstand extensive thermal cycling over a long operating life.
The high temperature capacitor market in Asia Pacific and Middle East & Africa is also expected to expand at a significant rate owing to its high demand in automotive and oil & gas applications in the respective regions
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Key Players Operating in the Global High Temperature Capacitor Market
The global high temperature capacitor market was highly fragmented in 2019. Major players operating in the global market are focusing on capacitor technology for further research and development aimed at enhancing operating temperatures above 200ºC. Moreover, manufacturers are experimenting with different package types that are suitable for elevated temperature ranges in harsh environments.
Some of the key players operating in the high temperature capacitor market are listed below:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
