Global Thin Film Capacitor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Thin Film Capacitor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Thin Film Capacitors are a two pad device for storing a charge of electricity. These devices are composed of thin film layers deposited on a substrate and separated by a dielectric. This film is made extremely thin using a sophisticated film drawing process. Once the film is manufactured, it may be metallized or left untreated, depending on the needed properties of the capacitor. Electrodes are then added and the assembly is mounted into a case which protects it from environmental factors.

Market Overview:

The latest research study on the global Thin Film Capacitor market finds that the global Thin Film Capacitor market reached a value of USD 3186.81 million in 2022. It’s expected that the market will achieve USD 5729.29 million by 2028, exhibiting a CAGR of 10.27% during the forecast period.

Film capacitors have a wide range of downstream markets

Film capacitors made of different types of dielectric film materials have different applications, and film capacitors have a wide range of downstream application markets. For example, polyester film is mainly used to produce DC capacitors, which are suitable for electronic products with high electronic integration; polypropylene film is mainly used to produce AC capacitors, which are suitable for electronics, home appliances, communication and power capacitors. Film capacitors have excellent performance and are widely used.

Film capacitors have excellent performance and are widely used. Film capacitors have the characteristics of long life, high withstand voltage, wide frequency response, and good temperature characteristics. They can withstand back pressure, have no acid pollution, and can be stored for a long time. It can be used in rectifiers, inverters, frequency converters and other converter circuits. Film capacitors are widely used in air conditioners, refrigerators, washing machines, power supplies, etc. In addition, PTFE film capacitors are heat resistant and can be used in aerospace and military technology. The demand for film capacitors from a wide range of downstream markets is driving the growth of the film capacitor industry.

Consumer demand for consumer electronics is driving the film capacitor market

With the development of the Internet and the development of communication technology, the number of product releases and developments in the field of consumer electronics continues to increase, and consumers' demand for communication electronics products continues to grow. In addition, 5G technology will promote the development of the communication field. The development of 5G technology will support more and more connected devices, which are expected to improve the quality and efficiency of various products and services enjoyed by consumers today. Overall, in the global market, increasing demand for capacitors in consumer electronics such as tablets, smartphones, and laptops is one of the major factors driving the growth of the film capacitors market.

Benefit from the growth of new energy demand for film capacitors

In recent years, the rise of wind power, photovoltaic and new energy automobile industries in the new energy industry has created a new stage for film capacitors. The typical feature of film capacitors is high reliability, and their biggest features are withstand voltage and impact resistance. Since new energy vehicles, photovoltaics, and wind power all require AC/DC conversion and buffering of high and low voltages, their development has greatly stimulated the demand for film capacitors. For example, film capacitors are the first choice for DC support capacitors of new energy vehicles. Compared with aluminum electrolytic capacitors, film capacitors are significantly better than aluminum electrolytic capacitors in terms of safety, withstand voltage, and life.
With the rapid rise of emerging application fields such as photovoltaic wind power and new energy, it will be more conducive to the development of the film capacitor market.

Region Overview:

In 2021, the share of the Thin Film Capacitor market in Asia Pacific stood at 71.10%.

Company Overview:

Xiamen Faratronic is one of the major players operating in the Thin Film Capacitor market, holding a share of 13.02% in 2022.

Xiamen Faratronic is the world's leading manufacturer of professional film capacitors. Xiamen Faratronic has been a major global supplier of thin film capacitors since 1955. The global supplier market of Xiamen Faratronic is in the fields of Industrial, Photovoltaic, Wind Power, EV/HEV, Traction, Smart Grid, Home Appliances and Lighting.

Panasonic is a global leader in developing various electronic technologies and solutions for customers in consumer electronics, residential, automotive and B2B businesses. Panasonic offers a wide range of products and services, including film capacitors.

NICHICON manufactures and sells a wide variety of capacitors, including aluminum electrolytic capacitors, tantalum electrolytic capacitors, and plastic film capacitors. The company also produces hybrid integrated circuits (ICs) and thermistors, small lithium-ion rechargeable batteries, and more.

Segmentation Overview:

By type, Polypropylene Film segment accounted for the largest share of market in 2021.

Polyester Film

A polyester film capacitor is a capacitor (a device made of one or more pairs of conductors separated by an insulator to store electrical charge) in which polyester film (PET) is used as the insulating material. Polyester capacitors are designed with two metal plates with a mylar film placed between them. Polyester capacitors have high capacitance per unit volume compared to other types.

Metallized Film

Metallized film capacitors are made of two layers of metallized film with plastic film as the medium. A very thin layer of vacuum-deposited aluminum metallization is applied to one or both sides to serve as an electrode. In this type of film capacitor, a very thin layer of metallization is deposited on the plastic film.

Polypropylene Film

Polypropylene films are mainly used in power capacitors to provide high power and energy efficiency for a very wide range of applications. Polypropylene capacitors are capacitors with very stable capacitance.

PTFE Film

PTFE film capacitors are low loss capacitors with excellent stability. PTFE film capacitors are heat resistant.

Polystyrene Film

Polystyrene film capacitors are capacitors with a dielectric made of polystyrene. They are low in value, typically 10pF to 47nF. Typically, they have a tolerance of 5% to 10%, but precision polystyrene capacitors are also available in 1% and 2% tolerances.

Others

There are other types of film capacitors; such as polysulfide film capacitors, polyethylene naphthalate film capacitors, etc.

Application Overview:

The market's largest segment by application is the segment Electronic, with a market share of 29.64% in 2021.

Electronic

Film capacitors are one of the most common forms of capacitors in electrical circuits. Film capacitors are essential components in a variety of electronic systems. Film capacitors are widely used in power electronics. There are three main application scenarios for film capacitors in electronic power equipment, DC support, voltage absorption and filtering.

Communication

With the development of technology, the replacement cycle of many industries such as electronics and communications is getting shorter and shorter, and film capacitors have become indispensable electronic components to promote the replacement of these industries due to their good electrical properties and high reliability. Film capacitors can be used in telecommunications equipment.

Aerospace

In aerospace, it is possible to keep electronic devices functioning properly in extreme environments; choosing the right capacitors for space applications is critical for aerospace designers. Film capacitors are widely used in the aerospace industry.

Military

In the military field, film capacitors are used in ships, aviation, weapons, armored combat vehicles and other weapons and equipment.

Household appliances

Film capacitors have the characteristics of high withstand voltage, high reliability, and self-healing ability, making them more suitable for high-voltage, high-power application scenarios, and are often used in home appliances.

Automotive

Film capacitors can be used in the automotive field. From the perspective of new energy vehicles, film capacitors are mainly used in on-board inverters, on-board chargers (OBC) and charging piles.

New Energy

Film capacitors give full play to their characteristics and are suitable for new energy fields. Since the application scenarios of new energy require capacitors to withstand high voltage, high current and maintain stable functional characteristics, and resist the risk of voltage breakdown, film capacitors are more suitable for application in the field of new energy due to their high voltage resistance, high frequency and safety stability.

Others

Film capacitors also have other applications, such as in the field of lighting.

Key Companies in the global Thin Film Capacitor market covered in Chapter 3:

ASC Capacitors
Hua Jung Components
Rubycon Corporation
WIMA
JIANGHAI
STK Electronics
TDK
Xiamen Faratronic
AVX Corporation
KEMET Electronics
NICHICON
Panasonic
Nippon Chemi-Con
Electro Technik Industries
Vishay Intertechnology
DuPont Teijin Films
Inner Mongolia Yuen Wah
Jb Capacitors

In Chapter 4 and Chapter 14.2, on the basis of types, the Thin Film Capacitor market from 2018 to 2029 is primarily split into:

Polyester Film
Metallized Film
Polypropylene Film
PTFE Film
Polystyrene Film
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Thin Film Capacitor market from 2018 to 2029 covers:

Electronic
Communication
Aerospace
Military
Household appliances
Automotive
New Energy
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)