Report ID: SQMIG45L2010
Film Capacitor Market Size, Share, Growth Analysis, By Product(AC, DC), By Type(Paper, Plastic), By Industry Vertical(Automotive, Power and Utilities, Consumer and electronics, Telecommunication), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45L2010 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
120 |
Figures:
77
Film Capacitor Market Regional Insights
North America dominated the film capacitor market with a higher market share in 2021. The demand for film capacitors in this region is being driven up by the surge in demand for electric, hybrid, and plug-in hybrid vehicles. Huge industrial development and major player available in North America has increased the demand for film capacitors and they provide capacitors at an affordable price thus, boosting its demand in this region.
Asia Pacific is the fastest-growing segment during the forecast period with the highest CAGR. This is a result of the region’s expanding industrial base, which includes developing nations like China and India, it is projected that Asia Pacific will continue to be the world’s largest user of film capacitors. The demand for film capacitors is also increasing in the Asia Pacific region as a result of the region’s growing reliance on information and communication technology as well as the use of efficient circuits in a variety of applications and consumer goods.
Film Capacitor Market Report Snapshots
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