Film Capacitor Market

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 2025-2032


Report ID: SQMIG45L2010 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 120 | Figures: 77

Film Capacitor Market Insights

Film Capacitor Market size was valued at USD 2.59 Billion in 2023 and is poised to grow from USD 2.68 Billion in 2024 to USD 3.53 Billion by 2032, growing at a CAGR of 3.50% during the forecast period (2025-2032).

A film capacitor is an electrical capacitor that uses a thin plastic film as its dielectric. Numerous industries, including consumer electronics, automotive, telecommunications, and manufacturing, use these capacitors. Low self-inductance, long lifespan, and low equivalent series resistance (ESR) are all characteristics of film capacitors. Depending on the desired properties of the capacitor, capacitors can either be metallized or left untreated following film manufacturing. The demand for film capacitors in consumer electronics components, the desire for high temperature film capacitors, and the use of nanolayer film capacitors are all contributing to the growth of the film capacitor market. However, the industry’s expansion is being hampered by the stricter enforcement of industrial and environmental standards as well as by the constrained pricing margins. Additionally, rising use of film capacitors in electric vehicle systems and technological advancements offer significant market growth potential.

Due to their qualities, including low self-inductance, stability, low self-inductance, and low price, film capacitors have become extremely popular across a variety of industries. Depending on the required qualities, these capacitors can either be metallized or left untreated following the production of the films. The need for polyester film capacitors is projected to increase as a result of the increased demand for various consumer electronics, including smartphones, laptops, electric vehicles, and IOT devices, as well as the demand in many other end-use sectors, propelled the market growth.

US Film Capacitor Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Film Capacitor Market size was valued at USD 2.59 Billion in 2023 and is poised to grow from USD 2.68 Billion in 2024 to USD 3.53 Billion by 2032, growing at a CAGR of 3.50% during the forecast period (2025-2032).

Film Capacitor Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Mitsubishi Shindoh Co., Ltd. (Japan) ', 'Xiamen Faratronic Co. Ltd. (China) ', 'TDK Corporation (Japan) ', 'Panasonic Corporation (Japan) ', 'Nichicon Corporation (Japan) ', 'Electro Technik Industries, Inc. (US) ', 'Custom Electronics, Inc. (US) ', 'Cornell Dubilier Electronics Inc. (US) ', 'Aerovox Corporation (US) ', 'Vishay Intertechnology, Inc. (US) ', 'Murata Manufacturing Co., Ltd. (Japan) ', 'Hitachi AIC Inc. (Japan) ', 'Rubycon Corporation (Japan) ', 'WIMA GmbH & Co. KG (Germany) ', 'Suntan Capacitors (Hong Kong) ', 'Nippon Chemi-Con Corporation (Japan) ', 'Lifasa (Spain) (Spain) ', 'RIFA Pte Ltd. (Sweden) (Sweden) ', 'ASC Capacitors (US) ', 'Deki Electronics Ltd. (India)'

Rise in demand for high temperature film capacitors.

Increased use of film capacitors in electronic transportation systems and mechanical elevations provide market participants with lucrative chances during the foreseeable period. An increased number of various types of electric devices are required different types and different shapes of capacitors which are increased demand and increased market growth in the forecast period.

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.

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Film Capacitor Market

Report ID: SQMIG45L2010

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