The global film capacitor market size was valued at $2,125.0 million in 2018 and is projected to reach $2,589.1 million by 2026, growing at a CAGR of 2.5% from 2019 to 2026. Film capacitor is also knowing as film caps or power film capacitor are generally made with two plastic films, covered with metallic electrodes and wound into a cylindrical shaped winding. These capacitors are generally using polypropylene film as a dielectric, and these are used for high-frequency high power applications including heating, pulse power energy discharge application, and AC capacitors for electrical distribution. The film capacitor is widely used in different sector, because of their higher characteristics. These capacitors are developed with high precision capacitance values and it retains that values longer than other capacitor types. In addition, the film capacitor has a long shelf & service life and they are highly reliable with low average failure rate. The capacitor contains different types including metalized capacitor, polyester film, polypropylene film, PTFE film, and polystyrene film.
Film capacitors are one of the most common capacitor types used in electronic equipment and many AC & DC microelectronics and electronics circuits. According to the Consumer Electronics Association (CEA), the consumer electronics sales in 2015 was valued at USD 220 billion.
The demand for film capacitor is expected to increase rapidly during the forecast period, owing to various factors such as a rise in demand for smartphones, tablets, and laptops. a surge in demand for an electric vehicle, hybrid electric vehicle, and plug in hybrid vehicle, which helps to boost the demand for film capacitors in this region.
Factors such as high demand for film capacitor in consumer electronics components, rising demand for high temperature film capacitors, and adoption of nanolayer film capacitors, drive the growth of the film capacitor market. However, the increase in stringent environmental and manufacturing rules and low pricing margin hampers the film capacitor market growth.
Film capacitor market is segmented into product, type, industry vertical, and region. Based on voltage, the market is bifurcated into AC and DC. Based on type, the market is classified into paper film capacitor and plastic film capacitor. Based on industry vertical, the market is categorized into automotive, power and utilities, consumer and electronics, telecommunication, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. On the basis of region, it is analyzed across North America (U.S., Mexico, and Canada), Europe (Germany, France, the UK, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the report include KEMET Corporation, Panasonic Corporation, TDK Corporation, AVX Corporation, Cornell Dubilier Electronics Inc., Vishay Intertechnology, Electro Technik Industries, Wima GmbH & Co. KG, Ningbo Topo Electronic Co., Ltd., and XIAMEN FARATRONIC CO., LTD.
KEY MARKET SEGMENTS
By PRODUCT
- AC
- DC
By Type
- Paper Film Capacitor
- Plastic Film Capacitor
By INDUSTRY VERTICAL
- Automotive
- Power and Utilities
- Consumer and electronics
- Telecommunication
- Others
By Region
- North America
- U.S.
- Mexico
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- KEMET Corporation
- Panasonic Corporation
- TDK Corporation
- AVX Corporation
- Cornell Dubilier Electronics Inc.
- Vishay Intertechnology
- Electro Technik Industries
- Wima GmbH & Co. KG
- Ningbo Topo Electronic Co., Ltd.
- XIAMEN FARATRONIC CO., LTD
Table of Contents
Executive Summary
According to the report titled, 'Film Capacitor Market by Voltage, Type, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2019-2026', the global film capacitor market size was valued at $2,125.0 million in 2018, and is projected to reach $2.589.1 million by 2026, growing at a CAGR of 2.5% from 2019 to 2026.Film capacitor is a passive electronic component used to store electrical energy and is made using plastic or polymer film. These are relatively cheap, have low self-inductance and ESR, and stable over time. After manufacturing of films, they may be metallized or left untreated, and depending on the needed properties of the capacitor. Furthermore, film capacitors generally use polypropylene film as a dielectric, and these are used for high frequency high power application including heating, pulse power energy discharge application, and AC capacitors for electrical distribution. The film capacitor is widely used in different sectors, owing to their higher characteristics. These capacitors are developed with high precision capacitance values and these values are retained longer than other capacitor types. In addition, the film capacitors have long shelf & service life and they are high reliable with low average failure rate.
According to film capacitor market trends, film capacitors are one of the most common capacitor types used in electronic equipment and many AC & DC microelectronics and electronics circuits. According to the Consumer Electronics Association (CEA), the consumer electronics sales in 2015 was valued at $220.0 billion. Faster obsoletion in technology is majorly driving the growth of electronics component, which is further expected to drive the film capacitor market during the forecast period.
North America dominated the film capacitor market with higher share during the forecast period. a surge in demand for electric vehicle, hybrid electric vehicle, and plug in hybrid vehicle, which help boost the market in this region.
Factors such as high demand for film capacitor in consumer electronics components, rise in demand for high temperature film capacitors, and adoption of nanolayer film capacitors drives the growth of the film capacitor market. However, increase in severity of environmental and manufacturing rules and low pricing margin hampers the growth of market. Furthermore, higher adoption of film capacitor in electric vehicle system and technological advancement offers lucrative opportunities for market expansion.
According to film capacitor market analysis, in June 2018, KEMET Corporation launched C4AQ power film capacitors, which is suited for industrial and automotive, and power supply. This product designs for DC link, DC filtering and energy storage application, which is expected to assist the film capacitor market growth globally.
Key Finding of The Film Capacitor Market:
In terms of revenue, plastic film capacitor contributed the maximum photomask market size in 2018 and is expected to maintain its lead throughout the forecast period.
The automotive segment is expected to grow at the highest CAGR during the forecast period.
In 2018, Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Based on region, the global film capacitor market forecast is analyzed across North America Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the film capacitor market share include KEMET Corporation, Panasonic Corporation, TDK Corporation, AVX Corporation, Cornell Dubilier Electronics Inc., Vishay Intertechnology, Electro Technik Industries, Wima GmbH & Co. KG, Ningbo Topo Electronic Co., Ltd., XIAMEN FARATRONIC CO., LTD.
Companies Mentioned
- KEMET Corporation
- Panasonic Corporation
- TDK Corporation
- AVX Corporation
- Cornell Dubilier Electronics Inc.
- Vishay Intertechnology
- Electro Technik Industries
- Wima GmbH & Co. KG
- Ningbo Topo Electronic Co. Ltd.
- XIAMEN FARATRONIC
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 188 |
| Published | December 2019 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 2125 million |
| Forecasted Market Value ( USD | $ 2589.1 million |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
