The study reveals that film capacitor is trending in North America region. The factors that drive the market growth of film capacitors are high-frequency, high-stability, large current capacitors and can be used in connecting rectifiers, DC linking, filtering, inverter circuits and others appliances. The manufacturing of hybrid vehicles, electric vehicles and environmentally friendly automobiles has boost the demand of film capacitors in the U.S. market. Moreover, the film capacitors demand is growing in power & utilities and industrial sectors due to growing need of AC film capacitors. These AC film capacitors are used in inverters for air conditioning systems, motor run applications, and others.
In North America region, the demand of film capacitor are growing. These capacitors are most reliable and can withstand with catastrophic failures. These capacitors can be used for uninterruptible power supplies, photovoltaic systems, switch-mode power supplies, electrical welding equipment, for lighting, power supplies in smart energy meters, and others. These capacitor are cost effective and can survive with high temperature and humidity under high voltage. In 2014, AVX Corporation has launched the new FRC Series medium power DC-link film capacitors, which are widely used in motor drives, power supplies, industrial inverters, DC filter circuits, UPS systems, power converters, solar inverters, and others.
The global Film Capacitor Market is estimated to be 2 % of CAGR and is expected to reach at USD ~2 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Film capacitor Market Research Report -Forecast to 2023”.
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Feb. 06, 2018– KEMET Corporation, a leading global supplier of electronic components, has introduced a new product family of polypropylene film capacitors that can provide high performance in harsh environment. It is widely used to overcome with the increasing demand of vehicle electronics applications in automotive and industrial segments.
March 06, 2018– TDK Corporation, a leading electronics company, has introduced a new product series that is EPCOS film capacitor for the DC link of inverters. Its application includes HF filtering in inverter, DC applications and others.
16th February 2017: Panasonic Corporation has introduced small, low-loss metallised polypropylene film capacitors. It is being used for various applications including power supplies, PFC and other applications.
The prominent players in the global film capacitor market are – Mitsubishi Shindoh Co., Ltd. (Japan), TDK Corporation (Japan), AVX Corporation (U.S.), Electro Technik Industries, Inc. (U.S.), Custom Electronics, Inc. (U.S.), Aerovox Corporation (U.S.), Cornell Dubilier Electronics Inc. (U.S.), KEMET Corporation (U.S.), Nichicon Corporation (Japan), Panasonic Corporation (Japan), and Xiamen Faratronic Co. Ltd. (China), among others.
Film Capacitor Global Market – Regional Analysis
North America is dominating the global film capacitor market with the largest market share due to increasing demand hybrid electric vehicles, electric vehicles, plug-in hybrid electric vehicle and others, which are gaining demand in film capacitor market and is expected to gain growth by 2023. Global film capacitor market in European market is expected to grow at a substantial high CAGR during 2017 to 2023 due to increasing adoption of power generating and management applications in the automotive. The Asia Pacific market for film capacitor market is expected to grow at a considerable CAGR (2017-2023).
Film Capacitor Global Market – Segmentation
The film capacitor market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Type: AC Film Capacitors, DC Film Capacitors, Power Film Capacitors among others.
- Segmentation by Application: Electronic Circuits, Radio Frequency Interference Suppression Film Capacitors, Lighting Ballasts, Damping Capacitors, Power Film Capacitors and others.
- Segmentation by End-user: Automotive, Consumer Electronics, Power & Utilities, Government & Defence among others
- Segmentation by Regions: Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
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- Automotive companies
- Film capacitor service vendors
- Capacitor manufacturers
- plastic capacitor manufacturers
- Solution providers
- Polypropylene film capacitor manufacturers
- Intellectual property core and licensing providers
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
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