Film capacitors or film caps are electrical capacitors used in electronic equipment. They are plastic films covered with metallic electrodes encapsulated in a cylindrical winding. The global film capacitor market report by Market Research Future (MRFR) covers trends, opportunities, and restraints for the period of 2022 to 2030 (forecast period). The COVID-19 pandemic and its effects on the industry are covered in the report.
Film Capacitor Market Players
Players leading the film capacitor market include
TDK Corporation (Japan), Mitsubishi Shindoh Co., Ltd. (Japan), AVX Corporation
(US), Custom Electronics, Inc. (US), Electro Technik Industries, Inc. (US),
Aerovox Corporation (US), KEMET Corporation (US), Cornell Dubilier Electronics
Inc. (US), Nichicon Corporation (Japan), Xiamen Faratronic Co. Ltd. (China),
and Panasonic Corporation (Japan), among others.
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Film
Capacitor Market Scope
The Film
Capacitor Market Size was valued at USD 3.21 Billion in 2021. The Film
Capacitor market industry is projected to grow from USD 3.54 Billion in 2022 to
USD 5.1 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of
3.1%during the forecast period (2022 - 2030).
Film
Capacitor Market Segmentation
By type,
is is segmented into power film capacitors, AC film capacitors, DC film
capacitors, and others.
Major
applications are electronic circuits, damping capacitors, radio frequency
interference suppression film capacitors, lighting ballasts, power film
capacitors, and others.
The end
users are segmented into government & defense, automotive, industries,
consumer electronics, power & utilities, and others.
Film
Capacitor Market Regional Analysis
North
America is one of the leading regions globally in terms of market share in the
global film capacitor market as it has huge demand in many sectors including
automotive, defense, industries and others. The film capacitor market in Europe
region is expected to witness rapid growth in the forthcoming period. Whereas,
Asia Pacific countries like China, Japan and South Korea is an emerging market
for film capacitor market and expected to be the highest CAGR in the coming
years.
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Film
Capacitor Market Competitive Outlook
Aerovox
Corporation, Panasonic Corporation, TDK Corporation, Mitsubishi Shindoh Co.,
Ltd., Custom Electronics, Inc., AVX Corporation, KEMET Corporation, Nichicon
Corporation, Electro Technik Industries, Inc., Cornell Dubilier Electronics
Inc., and Xiamen Faratronic Co. Ltd. are key players of the global film
capacitor market.
Film Capacitor Industry News:
• New
advancements are being made in the film capacitor industry to introduce
products used in multiple end-user industries to better demand and the Global
Film Capacitor Market growth.
• The
major players in the film capacitor market have been working to bring down the
cost of the capacitors keeping the quality intact using the machines that have
been bought in the Film Capacitor Market.
• The
primary use of film capacitors has been seen in the automotive industry,
requiring the vehicles to be lightweight. Hence, various steps are being taken
to make the size and the weight of the product as lesser as possible.
Global Film Capacitor Market – Competitive Analysis
Highly competitive, the film capacitor market
appears fragmented due to the presence of several well-established players.
Manufacturers strive to develop low-cost, compact systems, emphasizing improved
hardware. To gain a larger competitive share, industry players adopt strategies
such as mergers & acquisitions, collaboration, innovation, and brand
reinforcement.
These players make substantial R&D investments
to deliver reliable, leading-edge products and services. Film capacitor
manufacturers are focused on enhancing their product portfolios with the latest
technologies. They follow organic and inorganic growth approaches to
commercialize and increase sales of their products. The market competition
would intensify further due to new product launches and the new entrants in the
market.
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