Film Capacitor Market Size, Share, Opportunities, And Trends By Voltage (Low Voltage, High Voltage), By Type (Paper Film Capacitor, Plastic Film Capacitor), By End-User Industry (Automotive, Manufacturing, Consumer Electronics, Communication And Technology, Others), And By Geography - Forecasts From 2024 To 2029

The film capacitor market is evaluated at US$2.364 billion for the year 2022 growing at a CAGR of 3.29% reaching the market size of US$2.967 billion by the year 2029.

The capacitors are used across industry verticals including automotive, manufacturing, consumer electronics, and communication and technology among various others. The growth of these industries directly influences the demand for these capacitors. Growing demand for various consumer electronics including smartphones, tablets, and laptops coupled with increasing demand for electric vehicles will boost the demand for film capacitors. Geographically, Asia Pacific is a very attractive market on account of favorable government policies promoting the manufacturing industry and the demand for electric vehicles. In addition, improvements in the standard of living and rising disposable income is anticipated to further add to the demand for these capacitors in the APAC region over the forecast period.

MARKET DRIVERS:

• Growing number of smartphone users.

The growing number of smartphone users worldwide will strengthen the market growth since smartphone users are likely to propel the demand for film capacitors used in these devices. Growing access to technology empowers Indian youth. The nation is seeing a revolution in mobile and data usage. A total of 810 million people have broadband connections, up from 60 million in the previous eight years, and 750 million people use smartphones. The internet is expanding more quickly in rural than in urban regions.

• The increase in sales and adoption of electric vehicles.

An increase in the sales and adoption of electric vehicles is expected to drive the demand for the capacitors used in these vehicles. Key markets for electric vehicles like the US, China, and Germany have been investing substantially in the EV charging infrastructure along with investments in research & development for the innovation of faster and energy-efficient charging methods. Significant investments by automakers are also projected to aid the rising demand for these vehicles and thus, play a huge role in the development of the market. Key EV market players like Tesla, Ford, Nissan Volkswagen, BMW, and General Motors have allocated significant budgets to R&D for the development of industry-leading EVs. Back in 2020, the EV market saw an increase of 41% in sales with approximately 3 million EV sales worldwide, despite the impact that COVID-19 had on the automotive market, as the overall automobile market size decreased by 6%. This factor shows an inclining demand for electric vehicles, which, in turn, is expected to boost the market for film capacitors worldwide.

• Nanolayer cells are predicted to have a sizable share of the market.

Nanolayer cells that can withstand temperatures of up to 150°C have been developed. The structure's dielectric strength is the most crucial component of this capacitor. Enhancing the dielectric's energy density is crucial for increasing its dielectric strength and doing so will also enable making a component smaller by reducing its size. These capacitors also need to be able to operate at elevated temperatures because this will enable them to be used in industrial settings. Additionally, it has a high energy density, a quality necessary for the creation of next-generation capacitors, and offers the film capacitor industry significant potential on a global scale.

Asia Pacific is anticipated to be the major regional market.

The Asia Pacific region is anticipated to be the largest market due to favorable government policies promoting the manufacturing industry. The sector has emerged vastly in this region due to government initiatives across various countries. For instance, in India, manufacturing has emerged as one of the sectors with high growth due to the government. The ‘Make in India’ program by the government has entrenched India on the world map as a manufacturing hub and provides worldwide recognition to the Indian economy. Thus, to make this program a success, manufacturers in India have been adopting more efficient methods and technology to stay competitive. Manufacturing solutions like the application of film capacitors is considered a viable option to achieve that, hence posing promising growth for the market. Further, with the Made in China 2025 initiative by the Chinese government which allows the relocation of manufacturing back to China, Southeast Asian countries are under immense pressure to minimize the risk of labor issues and Industry 4.0. This is currently driving demand for manufacturing development in the region, which is likely to drive the film capacitor market to ease the manufacturing processes.  

Key Developments:

• In December 2023, Metalized Electrical grade BOPP films for capacitor use were introduced by Cosmo Films, a leading global provider of specialty films for packaging, labeling, synthetic paper, and lamination applications. These films are employed in the production of capacitors.
• In November 2023, The BTD1RVFL family of silicon capacitors was produced by ROHM. Wearable technology and cell phones are using the gadgets more and more. Long-term development of silicon semiconductor processing technology has made it possible to achieve greater performance in smaller packages.
• In October 2022, to produce multilayer ceramic capacitors (MLCCs), Toray Industries, Inc. announced that it has increased its production capacity for LumirrorTM biaxially oriented polyester release films by 60%. The Gifu Plant refurbishment will cost the corporation ¥8 billion. In 2025, the new facilities will be operational.

Film Capacitor Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$2.364 billion
Market Size Value in 2029	US$2.967 billion
Growth Rate	CAGR of 3.29% from 2022 to 2029
Base Year	2022
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segments Covered	Voltage Type End-User Industry Geography
Companies Covered	Wima GmbH & Co. KG Kemet (Yageo) Cornell Dubilier Panasonic Corporation TDK Corporation And more
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Voltage
  • Low Voltage
  • High Voltage
• By Type
  • Paper Film Capacitor
  • Plastic Film Capacitor
• By End-User Industry
  • Automotive
  • Manufacturing
  • Consumer Electronics
  • Communication and Technology
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • Isreal
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Indonesia
    • Thailand
    • Taiwan
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. FILM CAPACITOR MARKET, BY VOLTAGE

5.1. Introduction

5.2. Low Voltage

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. High Voltage

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. FILM CAPACITOR MARKET, BY TYPE

6.1. Introduction

6.2. Paper Film Capacitor

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Plastic Film Capacitor

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

7. FILM CAPACITOR MARKET, BY END-USER INDUSTRY

7.1. Introduction

7.2. Automotive

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Manufacturing

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Consumer Electronics

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

7.5. Communication and Technology

7.5.1. Market Trends and Opportunities

7.5.2. Growth Prospects

7.5.3. Geographic Lucrativeness

7.6. Others

7.6.1. Market Trends and Opportunities

7.6.2. Growth Prospects

7.6.3. Geographic Lucrativeness

8. FILM CAPACITOR MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Voltage

8.2.2. By Type

8.2.3. By End-User Industry

8.2.4. By Country

8.2.4.1. USA

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Voltage

8.3.2. By Type

8.3.3. By End-User Industry

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Voltage

8.4.2. By Type

8.4.3. By End-User Industry

8.4.4. By Country

8.4.4.1. Germany

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. France

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. United Kingdom

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Spain

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Others

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Voltage

8.5.2. By Type

8.5.3. By End-User Industry

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Israel

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects

8.5.4.4. Others

8.5.4.4.1. Market Trends and Opportunities

8.5.4.4.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Voltage

8.6.2. By Type

8.6.3. By End-User Industry

8.6.4. By Country

8.6.4.1. Japan

8.6.4.1.1. Market Trends and Opportunities

8.6.4.1.2. Growth Prospects

8.6.4.2. China

8.6.4.2.1. Market Trends and Opportunities

8.6.4.2.2. Growth Prospects

8.6.4.3. India

8.6.4.3.1. Market Trends and Opportunities

8.6.4.3.2. Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1. Market Trends and Opportunities

8.6.4.4.2. Growth Prospects

8.6.4.5. Thailand

8.6.4.5.1. Market Trends and Opportunities

8.6.4.5.2. Growth Prospects

8.6.4.6. Indonesia

8.6.4.6.1. Market Trends and Opportunities

8.6.4.6.2. Growth Prospects

8.6.4.7. Taiwan

8.6.4.7.1. Market Trends and Opportunities

8.6.4.7.2. Growth Prospects

8.6.4.8. Others

8.6.4.8.1. Market Trends and Opportunities

8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Wima GmbH & Co. KG

10.2. Kemet (Yageo)

10.3. Cornell Dubilier

10.4. Panasonic Corporation

10.5. TDK Corporation

10.6. Vishay Intertechnology

10.7. AVX Corporation (Kyocera)

10.8. Nichicon Corporation

Wima GmbH & Co. KG

Kemet (Yageo)

Cornell Dubilier

Panasonic Corporation

TDK Corporation

Vishay Intertechnology

AVX Corporation (Kyocera)

Nichicon Corporation