Tantalum capacitors, one of the four core capacitor products (MLCC/aluminum electrolytic/tantalum capacitors/film capacitors), have the characteristics of high energy density, high reliability, stable electrical performance, wide operating temperature range, etc., especially with " "Self-healing" is popular in the civilian (industrial) and military markets.

Why are tantalum capacitors soaring?

Military market:

The future prosperity of military components will continue, and the tantalum capacitor industry will benefit

Capacitors seem insignificant, but they are more components used in aerospace equipment and are actually very important. Because of its "self-healing" characteristics, tantalum capacitors are favored by the military market.

2020 is the closing year of China’s 13th Five-Year Plan. Orders are released and demand in the military industry is improving. At the same time, comparing the growth rate of military expenditure and GDP growth between China and the United States, we can find that my country’s defense expenditure has grown at a steady rate in recent years. The prosperity of the military industry can span the economic cycle, which is conducive to the stable development of related industries. Tantalum capacitors, as commonly used components in military products, can also benefit.

Civil market:

In the civilian market, tantalum capacitors are mainly used in industrial fields, and consumer products are also involved.

1. On the supply side: Q2 the epidemic in Europe and America spreads, and the production capacity of mainstream manufacturers is limited. In terms of civilian products, international tantalum capacitor manufacturers represented by the US companies VISHAY, KEMET, and AVX dominate the international tantalum capacitor market. In the second quarter, the epidemic spread in Europe and the United States, which affected the production capacity of overseas manufacturers.

2. Demand side: With the promotion of new infrastructure, the demand for civilian tantalum capacitors is strong. The civilian tantalum capacitor market has a scale of tens of billions. Tantalum capacitors are mainly used in the industrial field. 5G network commercialization is progressing smoothly. The development of the cloud computing industry drives demand for servers, and the strong demand for new infrastructure such as base stations and servers brings development opportunities to the tantalum capacitor market.

   In addition to the market where 5G and other industries were originally expected to be in massive growth, there is another market with a larger increase in the tantalum capacitor market, which is the high-power fast-charging charger market for smartphones led by China.

   Since Xiaomi launched the new gallium nitride fast charger, the miniaturization of fast charging has become a trend in the charging head industry. Fast charging head In order to eliminate the impact of the charging head on the smart phone motherboard circuit, tantalum capacitors are essential components. Using tantalum capacitors in parallel for output filtering, compared with traditional aluminum electrolytic capacitors, the output is more stable and the volume can be reduced by 75%.