Film Capacitor Market Analysis

Type (AC Film Capacitors, DC Film Capacitors, Power Film Capacitors)

The power film capacitors segment is projected to hold 50% share of the global film capacitor market during the forecast period. The materials and construction methods used to make regular film capacitors and huge power film capacitors are essentially the same. For historical reasons, capacitors that have moderate to extremely high power ratings for usage in power systems and electrical installations are frequently categorized differently. Electrical and mechanical parameters are the focus of the standardization process for conventional film capacitors. In contrast, the local regulatory body emphasizes the safety of persons and equipment when it comes to the standardization of power capacitors.

End-User (Automotive, Consumer Electronics, Power & Utilities, Government & Defense)

The automotive segment in the film capacitor market is expected to account for around 40% of the revenue share by 2036. This expansion may be the result of increased public awareness of environmental contamination. It has been estimated that CO2 emissions reached about 32 billion tons in 2022, an increase of over 299 million tons. Clean car projects are therefore becoming more and more necessary. Electric vehicles offer an environmentally friendly means of transportation that emits no emissions and lessens the transportation industry's carbon footprint. Another significant element propelling the market expansion for electric automobiles is the declining cost of batteries. Since batteries constitute a sizable amount of the total cost of the car, their cost is a major obstacle to the adoption of EVs. However, due to increased production and technological breakthroughs, battery costs have been falling quickly in recent years.

Our in-depth analysis of the global film capacitor market includes the following segments: