Trimmer Capacitor Market Outlook - 2027
The global trimmer capacitor market is experiencing significant growth and is expected to grow considerably in the next few years. Trimmer capacitors are variable capacitors, which serve the purpose of initial calibration of equipment during manufacturing or servicing. They are not projected for end-user interaction. They are usually mounted directly on the printed circuit board (PCB) so the user does not have access to them, and set throughout manufacturing using a small screwdriver.
Attributed to their nature, trimmer capacitors are cheaper than full-sized variable capacitors and rated for many rarer adjustments. They can be made of semi-circular metal plates. One is fixed while the other can be rotated using a screwdriver. Major applications areas are communication equipment and medical devices.
The global trimmer capacitor market is segmented on the basis of type, application, industry vertical and region. Based on type, the market is divided into air trimmer capacitor, ceramic trimmer capacitor. In terms of application, the market is categorized into communication equipment, medical devices, others. In terms of industry vertical, the market is segregated into chemical & petrochemical, oil & gas, energy & power, automotive, food & beverages, healthcare and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global trimmer capacitor industry include Sprague Goodman Electronics, Inc., STMicroelectronics International N.V, Knowles Precision Devices Murata Manufacturing Co., Ltd., Vishay Intertechnology Inc., and Suntan Technology Company Limited. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global trimmer capacitor market.
COVID-19 Scenario Analysis
- To subdue the spread of COVID–19, respective governments have shutdown day-to-day business operations by implementing a full-scale lockdown. Labor shortages and delays in project completion are a few factors hampering the global trimmer capacitor market trends resulting in a decline in production.
- The global market has been significantly impacted by the outbreak. New projects throughout the world have stalled, which have significant demand for trimmer capacitors.
- The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules & regulations, which disrupted the global supply chains.
- The impact of COVID-19 on trimmer capacitor market forecast is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase.
- This is expected to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.
Top Impacting Factors
As technology advances, electronic products vary in voltage and current consumption. This issue can be fixed by using trimmer capacitors. Therefore, increasing use of trimmer capacitors in numerous consumer electronics products is expected to boost the global market for trimmer capacitors during the forecast period.
Furthermore, to fulfill the growing demand for capacitors with improved performance and high reliability, manufacturers are leveraging advanced manufacturing technologies and testing methodologies. Major applications areas are medical devices and communication equipment in consumer electronics & electrical vehicles. Particularly, the prospect in implantable medical technologies is vast and may serve as an incentive for the future growth of the trimmer capacitor market.
Miniaturization of Electronic Products Drive the Trimmer Capacitor Market
Miniaturized trimmer capacitors are best to be used in communication devices and their components such as bluetooth devices, crystal oscillators, crystal filters, miniature tuner packs in FM radios & TV sets, remote keyless entry systems, and pagers. Manufacturers are providing thin and ultra-small trimmer capacitors with exclusive construction and without the use of plastic material, which provide superior soldering heat-resistance upholding outstanding performance.
Manufacturers are also concentrating on producing small-sized trimmer capacitors free from lead and other harmful materials. Rising trend of miniaturization of electronic components & devices and increasing use of trimmer capacitors in various electronic products are expected to drive the global trimmer capacitor market over the forecast period.
Surge in Usage in Automotive and Industrial Applications
Trimmer capacitors play a major role as key components of a wireless system and they can be employed in frequency-based circuits. Diverse applications of tunable capacitors, such as voltage-controlled oscillators, filters, and super-heterodyne transceivers, make them significant for use in communication devices.
Trimmer capacitors can be found in communication equipment such as aerospace transmitters & receivers, mobile radios, signal splitters, and CATV amplifiers. They are generally used in various RF circuits, VHF through a microwave. Special non-magnetic types are used in medical devices, such as NMR scanners and MRI, which produce very high magnetic fields that would otherwise destroy capacitors containing ferromagnetic materials such as steel.
Key Benefits of the Report
- This study presents the analytical depiction of the global trimmer capacitor industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global trimmer capacitor market share.
- The current market is quantitatively analyzed to highlight the global trimmer capacitor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Trimmer Capacitor Market Research Report
- Which are the leading market players active in the trimmer capacitor market size?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the trimmer capacitor market?
- What are the projections for the future that would help in taking further strategic steps?
Trimmer Capacitor Market Report Highlights
Key Market Players
Murata Manufacturing, Cornell Dubilier Electronics (CDE), ABB, Vishay Intertechnology, TDK Corporation, Panasonic Corporation, Wurth Electronics, Bourns, Inc., KEMET Corporation, Nippon Chemi-Con Corporation