Film Capacitor Market to Garner $2.59 Bn, Globally, by 2026 at 2.5% CAGR, Says Allied Market Research
Higher demand for film capacitor in consumer electronics components, rise in demand for high-temperature film capacitors, and high adoption of film capacitor in an electric vehicle system drive the growth of the global film capacitor market.
PORTLAND, Oregon, Jan. 15, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Film Capacitor Market by product (AC and DC), Type (Paper Film Capacitor and Plastic Film Capacitor) and Industry Vertical (Automotive, Power and Utilities, Consumer Electronics, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global film capacitor industry was pegged at $2.12 billion in 2018 and is projected to reach $2.59 billion by 2026, growing at a CAGR of 2.5% from 2019 to 2026.
Incentives for market growth
Higher demand for film capacitor in consumer electronics components, rise in demand for high-temperature film capacitors, and high adoption of film capacitors in the electric vehicle system have boosted the growth of the global film capacitor market. However, increase in severity of environmental and manufacturing rules and low pricing margins hamper the market. On the contrary, surge in adoption of nanolayer film capacitors is expected to create lucrative opportunities in the near future.
Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/6231
Plastic segment held the largest share in 2018
By type, the plastic segment dominated the market in 2018, accounting for nearly three-fourths of the global film capacitor market and is expected to continue to maintain its dominance. Moreover, the segment is anticipated to register the fastest CAGR of 2.8% during the forecast period, owing to high usage of plastic dielectric film in circuits where high insulation resistance and low loss is required.
Automotive segment to manifest the fastest growth through 2026
By industry vertical, the automotive segment is expected to register the fastest CAGR of 3.9% during the forecast period, owing to surge in demand for complex vehicle electronics and increased expectations for sensitive electronics products. However, the power & utility segment held the largest share in 2018, contributing to more than one-fifth of the global film capacitor market, as it is capable in reducing transmission.
Asia-Pacific region held the largest share, Americas to manifest significant growth
The major global film capacitor market across Asia-Pacific held the largest share in 2018, contributing to nearly three-fourths of the market and is expected to register the fastest CAGR of 2.9% during the forecast period. This is due to growing demand for electric vehicles in the region. The market across Americas is projected to register a CAGR of 1.8% through 2026.
Download Sample Report @ https://www.alliedmarketresearch.com/request-sample/6231
Major market players
- KEMET Corporation
- TDK Corporation
- Panasonic Corporation
- Cornell Dubilier Electronics Inc.
- AVX Corporation
- Electro Technik Industries
- Vishay Intertechnology
- Ningbo Topo Electronic Co., Ltd.
- Wima GmbH & Co. KG
- XIAMEN FARATRONIC CO., LTD.
Access Avenue (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/Avenue-Membership-details
Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Similar Studies:
Multilayer Ceramic Capacitor Market Projected to Reach $7.8 Billion by 2024
Supercapacitor Market Anticipated to Grow $6.38 Billion by 2022
Transparent Conductive Film Market Expected to Garner $5.86 Billion by 2020
Flexible Thin Film and Printed Battery Market Projected to Hit $1.9 Billion by 2022
Thin Film Semiconductor Deposition Market Expected to Reach $22 Billion by 2022
Pre-Book Now with 12% Discount:
Tantalum Capacitors Market: Global Opportunity Analysis and Industry Forecast by 2019 - 2026
Ultracapacitors Market: Global Opportunity Analysis and Industry Forecast by 2019 - 2026
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter
SOURCE Allied Market Research
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article