PUBLISHER: Lucintel | PRODUCT CODE: 1272712
PUBLISHER: Lucintel | PRODUCT CODE: 1272712
The future of the global film capacitor market looks promising with opportunities in the automotive, power and utility, consumer electronic, and telecommunication end use industries. The global film capacitor market is expected to reach an estimated $2.1 billion by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are growing popularity of electronics devices, increasing usage of renewable energy resources, and growing demand for film capacitors in control and automation applications.
A more than 150-page report is developed to help in your business decisions.
The study includes trends and forecast for the global film capacitor market by product, type, end use industry, and region, as follows:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, film capacitor companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the film capacitor companies profiled in this report include-
Lucintel forecasts that alternating current (AC) will remain the larger product segment over the forecast period due to its increasing usage in the power transmission and distribution application for efficient operation.
The consumer electronics segment is expected to witness the highest growth due to rapidly growing demand for consumer electronic products, such as smart phones, televisions, and other electronics.
APAC will remain the largest region due to increasing demand for energy storage systems and growing investments in the development of high-voltage power grids by the governments of various countries in the region.
FAQ
Q1. What is the film capacitor market size?
Answer: The global film capacitor market is expected to reach an estimated $2.1 billion by 2028.
Q2. What is the growth forecast for film capacitor market?
Answer: The global film capacitor market is expected to grow with a CAGR of 3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the film capacitor market?
Answer: The major drivers for this market are growing popularity of electronics devices, increasing usage of renewable energy resources, and growing demand for film capacitors in control and automation applications.
Q4. What are the major segments for film capacitor market?
Answer: The future of the film capacitor market looks promising with opportunities in automotive, power and utility, consumer electronic, and telecommunication end use industries.
Q4. Who are the key film capacitor companies?
Answer: Some of the key film capacitor companies are as follows:
Q6. Which film capacitor segment will be the largest in future?
Answer:Lucintel forecasts that alternating current (AC) will remain the larger product segment over the forecast period due to its increasing usage in the power transmission and distribution application for efficient operation.
Q7. In film capacitor market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to increasing demand for energy storage systems and growing investments in the development of high-voltage power grids by the governments of various countries in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.