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a surge in demand for an electric vehicle, hybrid electric vehicle, and plug in hybrid vehicle, which helps to boost the demand for film capacitors in this region.įactors such as high demand for film capacitor in consumer electronics components, rising demand for high temperature film capacitors, and adoption of nanolayer film capacitors, drive the growth of the film capacitor market. The demand for film capacitor is expected to increase rapidly during the forecast period, owing to various factors such as a rise in demand for smartphones, tablets, and laptops. Rising adoption of electronics component are drive by faster technological obsolete, is expected to drive the film capacitor market during the forecast period. According to the Consumer Electronics Association (CEA), the consumer electronics sales in 2015 was valued at USD 220 billion. These capacitors are developed with high precision capacitance values and it retains that values longer than other capacitor types.įilm capacitors are one of the most common capacitor types used in electronic equipment and many AC & DC microelectronics and electronics circuits. The film capacitor is widely used in different sector, because of their higher characteristics. These capacitors are generally using polypropylene film as a dielectric, and these are used for high-frequency high power applications including heating, pulse power energy discharge application, and AC capacitors for electrical distribution. Film capacitor is also knowing as film caps or power film capacitor are generally made with two plastic films, covered with metallic electrodes and wound into a cylindrical shaped winding. The global film capacitor market size was valued at $2,125.0 million in 2018 and is projected to reach $2,589.1 million by 2026, growing at a CAGR of 2.5% from 2019 to 2026.
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