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2019
Film Capacitor Market

Film Capacitor Market

by product (AC and DC), Type (Paper Film Capacitor and Plastic Film Capacitor) and Industry Vertical (Automotive, Power and Utilities, Consumer Electronics, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
Update Available On-Demand

Report Code: A05866
Pages: 188
Dec 2019 | 7830 Views
Author(s) : Avinash Savekar , Supradip Baul
Tables: 82
Charts: 59
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Film Capacitor Market Outlook - 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 the electrical capacitor that uses thin plastic film as a dielectric. These capacitors are used in different industries such as consumers electronic, automotive, telecommunication, manufacturing, and others. Film capacitors are relatively cheap, have low self-inductance and equivalent series resistance (ESR), and stable over time. After manufacturing of films, capacitors can 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 they retain the values longer than other capacitor types. In addition, the film capacitor have long shelf & service life and they are high reliable with low average failure rate. The capacitor has many types including metalized capacitor, polyester film, polypropylene film, PTFE film, and polystyrene film.

Film Capacitors Market

According to film capacitor market trends, rising demand for capacitors in consumer electronics product such as smartphones, tablets, and laptops, is expected to provide lucrative opportunities for the film capacitor during the forecast period. North America dominated the film capacitor market with a higher market share during the forecast period. Surge in demand for electric vehicle, hybrid electric vehicle, and plug in hybrid vehicle, help boost the demand for film capacitors in this region.

Film Capacitor Market
By Type

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Plastic segment is projected as one of the most lucrative segments.

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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 hamper the film capacitor market growth. Furthermore, higher adoption of film capacitor in electric vehicle system and technological advancements offer lucrative opportunities for the market growth.

SEGMENT OVERVIEW

Film Capacitor Market
By Industry Vertical

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Telecommunication segment is expected to dominate the market in 2026.

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The global film capacitor market is analyzed across various segments including product, type, industry vertical, and region. On the basis of product, the market is categorized into AC and DC. Depending on type, the market is bifurcated into paper film capacitor and plastic film capacitor. Based on industry vertical, the market is classified into automotive, power and utilities, consumer and electronics, telecommunication, and others.

Film Capacitor Market
By Region

2026
Asia-pacific 
Americas
Emea

Asia-Pacific region would exhibit the highest CAGR of 2.9% during 2019-2026

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The regional segmentation of the market includes North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific film capacitor market is expected to grow at the highest CAGR during the forecast period, owing to high demand for capacitors in many industry verticals such as defense, automotive, and others.

TOP IMPACTING FACTORS

The significant impacting factors in the film capacitor market share include high demand for film capacitor in consumer electronics components, rise in demand for high temperature film capacitors, and high adoption of film capacitor in the electric vehicle system. However, increase in severity of environmental and manufacturing rules and low pricing margin are hampering the market growth globally. Conversely, higher adoption of nanolayer film capacitors and technological advancements are projected to offer remunerative opportunities to the market. Each of these factors is anticipated to have a definite impact on the film capacitor market during the forecast period.

Some major factors impacting the market growth are given below:

Higher demand for film capacitor in consumer electronics component

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 billion. Faster obsoletion in technology is majorly driving the adoption of electronics component, which is further expected to drive the film capacitor market during the forecast period.

Rise in demand for high temperature film capacitors

Many mining and drilling applications across industries need equipment with high temperature capacity to provide better performance and survive in continuous operations. Also, many electronic devices, such as high-performance power conditioning equipment and power correction systems, which are used in the aerospace and avionics sectors require capacitors that can work at high temperatures. In addition, discrete capacitors, such as electrolytic capacitors and tantalum capacitors can be damage due to high temperatures. Film capacitors also have the self-healing capability, which will help to any electrical system to prevents the circuit damaged and allows for the continuous operation.

Surge in demand for nanolayer film capacitors

Nanolayer cells are being introduced that can handle up to 150ºC. The most important feature of this capacitor is the dielectric strength of the material. In addition, for improving the dielectric strength, it is also vital to improve the energy density of the dielectric and increase in the energy density is also necessary to reduce the size of the component. Also, these capacitors should be operable at higher temperatures, which makes them useful in industrial applications. Furthermore, it has a high energy density, which required feature while developing next-generation capacitors, and provides lucrative film capacitor market opportunity globally.

COMPETITIVE ANALYSIS

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., XIAMEN FARATRONIC CO., LTD.

Key Benefits for Film Capacitor Market:

  • This study comprises analytical depiction of the global film capacitor market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall film capacitor market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current film capacitor market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the film capacitor industry.
  • The report includes the film capacitor manufacturers and market trends.

Film Capacitor Market Report Highlights

Aspects Details
By Product
  • AC
  • DC
By Type
  • Paper
  • Plastic
By Industry Vertical
  • Automotive
  • Power and Utilities
  • Consumer and electronics
  • Telecommunication
  • Others
By Region
  • Americas  (U.S., Rest of Americas)
  • EMEA  (Germany, Middle East & Africa, Rest of EMEA)
  • Asia-Pacific  (China, Japan, Rest of Asia-Pacific)
Key Market Players Panasonic Corporation, AVX Corporation, KEMET Corporation, TDK Corporation, Cornell Dubilier Electronics Inc., Vishay Intertechnology, Inc., Electro Technik Industries, Inc., WIMA GmbH & Co. KG, Ningbo Topo Electronic Co., Ltd., Xiamen Faratronic Co., Ltd.
 

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Film capacitors are relatively cheap, have low self-inductance and ESR, and are stable over time. After manufacturing, films may be metalized  or left untreated in accordance with the properties of capacitors. Furthermore, film capacitors are generally uses 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 that are retained  than others capacitor types.

Film capacitors are 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 billion. Rising adoption of electronics component are drive by faster technological obsolete, is expected to drive the film capacitor market during the forecast period.

Rise in demand for capacitors in consumer electronics products such as smartphones, tablets, and laptops, is expected to provide lucrative opportunities for film capacitor during the forecast period. North America is expected to dominate the film capacitor market with higher market share during the forecast period. Surge in demand for electric vehicle, hybrid electric vehicle, and plug in hybrid vehicle, which help to boost the demand for film capacitors in this region.

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., XIAMEN FARATRONIC CO., LTD.

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