Film Capacitor Market 1 (1)

1. Analysis of Film Capacitor Market Size by Research Nester Reveals the Market to Grow with a CAGR of 4% During 2024-2036 and Attain USD 7 Billion by 2036 Research Nester assesses the growth and market size of the global film capacitor market which is anticipated to be on account of the growing demand for electric vehicles. New York – January 10, 2024- Research Nester’s recent market research analysis on “Film Capacitor Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitor’s analysis and a detailed overview of the global film capacitor market in terms of market segmentation by type, application, end-user and by region. Growing Use of Film Capacitors in Protective Devices to Boost the Growth of Global Film Capacitor Market The global film capacitor market is projected to grow on account of the rising use of film capacitors in protective devices. Protective devices known as "snubber capacitors" are used to "snub" or reduce voltage spikes caused by inductive kickback. Because of its low self-inductance, high peak current, and low ESR—all of which are crucial in a snubber design—film capacitors are used in these circuits. The most often used capacitors in this kind of circuit are polypropylene film capacitors. Power electronics equipment such as flyback DC-DC converters can be employed with snubbers.

2. Additionally, vendors are under pressure to find novel materials that may be utilized as a dielectric, raising the capacitance value of the film capacitor, due to the lack of product differentiation in the global market. In order to create film capacitor insulators that can be utilized in a variety of next-generation applications like artificial intelligence (AI), robotics, machine learning, and quantum computing, several market providers are concentrating on research and development (R&D). Some of the major growth factors and challenges that are associated with the growth of the global film capacitor market are: Growth Drivers: Rise in Demand for Renewable Energy Growing Adoption of Smartphones Challenges: Counterfeit goods are duplicates of authentic products from authentic Component Manufacturers (OCM) that are made without permission and infringe against the intellectual property rights of a firm. Although capacitors are inexpensive, there are an increasing number of fake products on the market. These fake products' circuit boards are built with passive parts. Bulk sales of these passive components are available. Some of these counterfeiters make capacitors out of scrap metal or abandoned electronic debris. The capacitance values on these capacitors are incorrect. Consequently, during the next few years, market growth may stall.

3. Access our detailed report at: https://www.researchnester.com/reports/novel-drug-delivery- systems-market/3930 By end-user, the market for film capacitor is segmented into automotive, consumer electronics, power & utilities, government & defense, and more. Out of these, the automotive segment is projected to capture the largest market share of about 40% over the coming years. However, the power & utilities segment is also estimated to grow. The amount of renewable energy sources that are being used has increased exponentially over the last few decades. In the future years, it is anticipated that the necessity to transition away from fossil fuels and the effects of global warming will hasten the creation of new projects. Renewable energy networks are made up of multiple components connected by both mechanical and electrical connections. They modify and control the electricity's resulting energy. The generated electricity can be stored, used right away, or fed into a big grid that is powered by centrally located producing facilities that are connected to the system. Robust AC-DC and DC-AC converters are the foundation of wind and solar power systems. By region, the Asia Pacific market for film capacitors is poised to grow over the forecast period. High-voltage power grid development is receiving significant funding from the governments of several APAC nations. The need for a variety of devices, including motors, snubber circuits, rectifier circuits, DC and AC converters, and motors, which rely on film capacitors for their efficient operation, will rise in tandem with the growing investments made in power grid projects in the region.

4. Consult our expert analysts at: info@researchnester.com or contact us at: https://www.researchnester.com/contact for any customized report. This report also provides the existing competitive scenario of some of the key players of the global film capacitor market which includes company profiling of Vishay Intertechnology, Inc., KEMET Corporation, TDK Electronics AG, WIMA GmbH & Co. KG, Nichicon Corporation, Rubycon Corporation, Elna America, Inc., KOA Seer Electronics, Inc., Samwha Capacitor Group, Würth Elektronik eiSos GmbH & Co. KG, and others. Request Report Sample@ Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919