Market Research Future published a research report on “Film Capacitor Market Research Report – Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027
Film capacitors or film caps are electrical capacitors used in electronic equipment. They are plastic films covered with metallic electrodes encapsulated in a cylindrical winding. The global film capacitor market report by Market Research Future (MRFR) covers trends, opportunities, and restraints for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its effects on the industry are covered in the report.
The global Film Capacitor Market is expected to grow at USD ~2 Billion by 2023, at ~2 % of CAGR between 2017 and 2023.
By type, is is segmented into power film capacitors, AC film capacitors, DC film capacitors, and others.
Major applications are electronic circuits, damping capacitors, radio frequency interference suppression film capacitors, lighting ballasts, power film capacitors, and others.
The end users are segmented into government & defense, automotive, industries, consumer electronics, power & utilities, and others.
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North America is one of the leading regions globally in terms of market share in the global film capacitor market as it has huge demand in many sectors including automotive, defense, industries and others. The film capacitor market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries like China, Japan and South Korea is an emerging market for film capacitor market and expected to be the highest CAGR in the coming years.
Aerovox Corporation, Panasonic Corporation, TDK Corporation, Mitsubishi Shindoh Co., Ltd., Custom Electronics, Inc., AVX Corporation, KEMET Corporation, Nichicon Corporation, Electro Technik Industries, Inc., Cornell Dubilier Electronics Inc., and Xiamen Faratronic Co. Ltd. are key players of the global film capacitor market.
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