Film Capacitor Market 2018 by Global Leaders: Panasonic, KEMET, Mitsubishi Shindoh, TDK Corporation, AVX Corporation, Custom Electronics, Xiamen Faratronic

Market Research Future published a research report on “Global Film Capacitor Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Film capacitors are electrical capacitors, which use an insulating plastic film as the dielectric medium and are used ubiquitously in electronics as a power control components. The global film capacitor market is expected to grow at a CAGR of 2 % during the review period of 2017 and 2023.

Market Dynamics:

The Growing Adoption And Consumption Of Electronics Is The Prime Market Determinant

There has been an accelerated growth of electronics consumption worldwide. Film capacitors are also one of the most common capacitor types for use in electronic equipment. According to the Consumer Electronics Association (CEA) estimates, consumer electronics sales in 2015 was valued at USD 220 billion. Rising adoption rates of electronics are fuelled by faster technological obsolescence and price deflation for many electronic devices. The increase in real per capita income has triggered consumption of electronics for recreation. The Consumer Electronics Association states that the price of electronic equipment fell by 74 % over the last twenty year at an average rate of 6.5% year to year.

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Product Development And Development Of Low-Cost Production Is Leading A Volumetric Expanse Of The Market

Development of extremely thin films made of specialized materials such as polypropylene, polyester, and others coupled with combination products made by merging films made of different materials has led to a market expanse. These advancements have made possible to develop films with a desirable electrical profile, such as stability, wide temperature range, wide frequency range, or very high voltages resistance. Polymer materials have also resulted in the substitution of expensive tantalum electrolytic capacitors with similar performance parameters such as long-term stability, high current surges capacity, and others.

Concerns Over Electronic Waste, Increasing Stringency Of Environmental And Manufacturing Regulations And Low Pricing Margin Are Hampering The Market
There have been common concerns regarding electronic wastes giving rise to green electronics and environmental regulations. Norway followed by Switzerland, Iceland, and United Kingdom top the list of world's electronic waste per inhabitant. The electric industry is a highly regulated industry.

International Governments policies and regulations such as labor laws access to necessary materials and low-cost energy have an enormous impact on the industry. Policies which affect the U.S. electronics industry are Environmental Compliance Audits, and storage and disposal reguklations enacted by the Resource Conservation and Recovery Act (RCRA). The high market fragmentation is leading to greater pressures on pricing margins resulting in the exit of many players from the market.

Industry News:

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.

Key Players

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 - 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.

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).

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Intended Audience

• 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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