According to a market report by Lucintel, the future of the 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 $2.1 billion by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are growing popularity of electronics devices, increasing usage of renewable energy resources, and growing demand for film capacitors in control and automation applications.
In this market, alternating current (AC) and direct current (DC) are the two major product segments. Lucintel forecasts that alternating current (AC) will remain the larger product segment over the forecast period due to its increasing usage in the power transmission and distribution application for efficient operation.
Within this market, the consumer electronics segment is expected to witness the highest growth due to rapidly growing demand for consumer electronic products, such as smart phones, televisions, and other electronics.
APAC will remain the largest region due to increasing demand for energy storage systems and growing investments in the development of high-voltage power grids by the governments of various countries in the region.
Skyworks Solutions, SEMIKRON, Semtech Corporation, Agilent Technologies, and STMicroelectronics are the major suppliers in the global film capacitor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global film capacitor market by product, type, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Film Capacitor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global film capacitor market by product, type, end use industry, and region, as follows:
Film Capacitor Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
Alternating Current (AC)
Direct Current (DC)
Film Capacitor Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Paper Film Capacitors
Plastic Film Capacitors
Film Capacitor Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Automotive
Power and Utilities
Consumer Electronics
Telecommunication
Others
Film Capacitor Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global film capacitor market by product (alternating current (AC) and direct current (DC)), type (paper film capacitors and plastic film capacitors), end use industry (automotive, power and utilities, consumer electronics, telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?