Niobium Oxide Capacitors Market Size, Share & Industry Analysis By Type (General, High CV, Low ESR, Low Profile), By Capacitance (10 - 100 ,100-300 , 300 - 470 ), By Application (Consumer Electronics, Automotive, Power Supply, Industrial) And Regional Forecast, 2024-2032

Niobium oxide capacitors are capacitors with a niobium oxide anode and niobium pentoxide as a dielectric medium. The primary purpose of niobium oxide capacitors is for use in electronic devices with less space and low profile. The availability of the raw material, niobium, propels its use for capacitors, making them cost-effective.

The ever-reducing niobium oxide capacitor costs compared to tantalum capacitor costs drive the growing need for niobium oxide capacitor equipment for various end-user applications. Global population explosion coupled with increasing urbanization is expected to lead to a significant rise in energy consumption in the future years. In addition, the growth of electric vehicles and the consumer electronics industry is relevant for market growth. The miniaturization of electronic devices is an important trend for the niobium oxide capacitor market.

• According to the United Nations, the human population is expected to grow by 2 billion by 2050. This is anticipated to increase industrialization and urbanization further, increasing the demand for niobium oxide capacitors.

Niobium oxide has very high ignition energy and high specific heat compared to niobium metal and tantalum. This has been portrayed to have a 95% reduction of ignition failure compared to the other capacitors. Due to the low electric stress in the dielectric medium, a high ripple current load and reduced voltage are observed.

North America is one of the major marketplaces. The increased utilization of electric vehicles in the region propels the demand for niobium oxide capacitors. Also, the high urbanization level in the region leads to a massive demand for consumer electronics.

• According to Our World in Data, almost 82.66% of the population of the United States is urban as of 2020.


• The United States recorded 231,000 Battery EVs (BEVs) and 64,000 Plug-In EVs (PEVs) in 2020, according to the International Energy Agency. The growing electric automobile sector drives the niobium oxide capacitor demand.

IMPACT OF COVID-19 ON THE NIOBIUM OXIDE CAPACITORS MARKET

The niobium oxide capacitors market is expected to take a small amount of time before recovering from the impact of the COVID-19 pandemic due to supply chain disruptions. However, the rise in the consumer electronics sector is anticipated to keep the market afloat.

• In 2020, Xiaomi sold 147.8 million smartphones, whereas, in 2019, it sold 125.6 million smartphones.

As the supply chain is slowly gaining momentum due to the easing of COVID-19 restrictions, niobium oxide capacitors' demand is anticipated to rise at a fair rate.

KEY INSIGHTS

The report will cover the following key insights:

• Recent Advancements in Niobium Oxide Capacitors


• Key Industry Trends


• Regulatory Landscape for Niobium Oxide Capacitors


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

ANALYSIS BY APPLICATION

According to the application, the Niobium Oxide Capacitors market is divided into consumer electronics, automotive, power supply, and industrial. During the forecast period, the consumer electronics category will have the most significant market share. The adoption of niobium oxide capacitors and growth in artificial intelligence and machine learning will demand this segment. The adoption of smart devices and consumer electronics is expected to drive category expansion during the projected period.

REGIONAL ANALYSIS

North America is expected to flourish in the automobile industry, creating a lucrative market for companies. In addition, the market's development will be aided by North America's electric vehicle industry and other sectors. During the projected period, the Asia-Pacific region is foretold to increase at the fastest rate. Increased electrification and growth of industries, coupled with rapid urbanization and the use of consumer electronics in the region's developing economies, such as China, India, and Southeast Asia, are expected to demand industrial niobium oxide capacitors.

KEY PLAYERS COVERED

The report will include profiles of key players such as Holy Stone International, AVX Corporation, Panasonic, Illinois Capacitor, Vishay Intertechnology, Inc, Murata, KYOCERA Global, TDK, and Samsung Electro-Mechanics.

SEGMENTATION

KEY INDUSTRY DEVELOPMENTS

• In May 2021, Auxico Resources Canada Inc. became a member of the Tantalum-Niobium International Study Centre. The organization includes 80 member companies from over 30 countries involved in the entire value chain of tantalum and niobium products.


• In February 2020, AVX Corporation launched an updated version of the SpiCAT Online Simulation Tool. The tool is widely used for accurate parametric characterization of the niobium oxide capacitors. The latest update increases reliability and enhances multi-functionality across domains.