Trimmer Capacitor Market to reach a market value of ~US$ 936 Mn by the end of 2027 at a CAGR of over 3.5%: TMR

Trimmer Capacitor Market: Introduction

Transparency Market Research delivers key insights on the global trimmer capacitor market. In terms of revenue, the global trimmer capacitor market is estimated to expand at a CAGR of over 3.5% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global trimmer capacitor market.

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Trimmer capacitors are miniature variable capacitors. These capacitors are used to adjust the oscillating frequency of the quartz-crystal. Trimmer capacitors are mounted directly on a printed circuit board (PCB), with a provision to change its value by using a small screwdriver. Trimmer capacitors are set during production or servicing of the electric equipment and their values are not supposed to be changed by the end-user. Several parameters of an electric circuit, such as rise and fall times and latencies, depend on the oscillator frequency generated by the trimmer capacitor. The dielectric material used for trimmers can be ceramic, mica, or plastic. The capacitance value of trimmer capacitors ranges from 5 pF to 30 pF, whereas the capacitance value of padders ranges between 10 pF and 100 pF.

In this report, TMR proposes that trimmer capacitors are estimated to witness technological advancements in the near future. Increasing use of trimmer capacitors in communication devices is a key factor driving the demand for trimmer capacitors across the globe. Also, miniaturization of electronic devices is expected to drive the global trimmer capacitor market from 2019 to 2027. Over the last few years, manufacturers have been providing ultra-small and thin trimmer capacitors with a unique construction and without use of plastic material, which provide superior soldering heat resistance maintaining excellent performance even after soldering. Manufacturers are also focusing on producing small-sized trimmer capacitors free from lead and other harmful substances. However, reduced performance due to sensitivity to atmospheric conditions is likely to hamper the global trimmer capacitor market during the forecast period. However, use of the MEMS technology in trimmer capacitors used in smart devices and electronic gadgets and the introduction of chip-sized trimmer capacitors are expected to promote growth of the global trimmer capacitor market during the forecast period.

Trimmer Capacitor Market: Prominent Regions

North America is estimated to hold a prominent share of the global trimmer capacitor market in in the next few years, as manufacturers in the region offer advanced trimmer capacitors. The market in the region is expected to expand significantly during the forecast period, primarily due to increasing use of trimmer capacitors in communication devices. The market in Asia Pacific is expected to expand at the maximum CAGR from 2019 to 2027, owing to presence of a large number of manufacturers across the region.

Key manufacturers operating in the global trimmer capacitor market are displaying synergies through collaborations with distributor companies and raw material suppliers in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increase in the production capacity, so as to meet the rising demand for trimmer capacitors.

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Trimmer Capacitor Market: Key Players

Key players operating in the global trimmer capacitor market are Knowles Precision Devices, Murata Manufacturing Co., Ltd., Sprague Goodman Electronics, Inc., Suntan Technology Company Limited, Vishay Intertechnology Inc., and STMicroelectronics International N.V.

Global Trimmer Capacitor Market: Segmentation

Trimmer Capacitor Market, by Dielectric Material