Global Film Capacitor Market – Industry Trends and Forecast to 2029

Global Film Capacitor Market, By Product (AC and DC), Type (Paper Film Capacitor, Plastic Film Capacitor), Industry Vertical (Automotive, Power and Utilities, Consumer Electronics, Telecommunication, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

Film capacitors have gained immense popularity across various industries due to its characteristics, such as low self-inductance, low self-inductance, stability and cheap price. These capacitors can be metallized or left untreated after manufacturing of films depending on the needed properties.

Global Film Capacitor Market was valued at USD 2,186.63 million in 2021 and is expected to reach USD 2,748.51 million by 2029, registering a CAGR of 2.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Film capacitor refers to the electrical capacitor that generally makes the use of thin plastic film as a dielectric. These capacitors are used across various industries, such as automotive, manufacturing, consumers electronic, and telecommunication, among others.

Report Scope and Market Segmentation

Film Capacitor Market Dynamics

This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Use in Customer Electrical Elements

The huge requirement for film capacitor in customer electrical elements, increase in need for high-warmth film capacitors, and the enactment of nanolayer coating capacitors encourages the accession of the film capacitor market during the forecast period.

• Increase in Electronic Devices

The increase in preference for these films as they offer encapsulation to organic and printed electronic devices without affecting their printability, performance and functionality accelerate the market growth. The rise in demand for electronic devices with low response time has a positive impact on the market.

• Rise in the Use of Film Capacitor

The rise in the use of film capacitor in manufacturing as it retains the capacitance value for a longer time further influence the market. These capacitors are known to exhibit longer shelf life and has a low rate of failure.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the film capacitor market.

Opportunities

Furthermore, larger appropriation of film capacitor in the electronic transportation system and mechanical elevations extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in investments will further expand the market.

Restraints/Challenges

On the other hand, high costs associated with the end-user products such as EV’s and HEV’s are expected to obstruct market growth. Also, stringent regulations are projected to challenge the thin film capacitor market in the forecast period of 2022-2029.

This film capacitor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on film capacitor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Film Capacitor Market

The COVID-19 has impacted thin film capacitor market. The limited investment costs and lack of employees hampered sales and production of electronic paper (e-paper) display technology. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the sales rate of the film capacitor as it targeted the right audience. The increase in sales of devices such as smart phones and tablets across the globe is expected to further drive the market growth in the post-pandemic scenario.

Global Film Capacitor Market Scope and Market Size

The film capacitor market is segmented on the basis of product, type and industry vertical. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• AC
• DC

Type

• Paper Film Capacitor
• Plastic Film Capacitor

Industry Vertical

• Automotive
• Power and Utilities
• Consumer Electronics
• Telecommunication
• Others

Film Capacitor Market Regional Analysis/Insights

The film capacitor market is analyzed and market size insights and trends are provided by country, product, type and industry vertical as referenced above.

The countries covered in the film capacitor market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

North America dominates the film capacitor market because of the demand for automotive vehicles within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the huge requirement for capacitors in several manufacturing applications such as security, and automotive.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Film Capacitor Market

The film capacitor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to film capacitor market.

Some of the major players operating in the film capacitor market are

• ROHM SEMICONDUCTOR (Japan)
• SEMIKRON (Germany)
• Semtech Corporation (US)
• SHINDENGEN ELECTRIC MANUFACTURING CO., LTD. (Japan)
• STMicroelectronics (Switzerland)
• TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan)
• Agilent Technologies, Inc. (US)
• Mitsubishi Electric Corporation (Japan)
• Skyworks Solutions, Inc. (US)
• MACOM (US)
• Viking Tech Corporation. (Taiwan)
• AVX Corporation. (US)
• Taiwan Semiconductor Manufacturing Company Limited (Taiwan)