Paper & Plastic Film Capacitors Ride High on Energy Efficiency Goals in Power Electronics
Growing
focus on achieving energy efficiency in power electronics in consumer and
industrial electronics segments is poised to drive the global market for Paper
& Plastic Film Capacitors to reach US$2.8 billion by 2022. While ceramic and aluminum
capacitors dominate the global capacitors market, paper and plastic film
capacitors, although accounting for a smaller share is attracting considerable
demand from key electronic segments. Paper & plastic film capacitors find
use in wide range of electronic equipment and are also used in many AC and DC
electronics and microelectronics circuits. Compared to ceramic and aluminum
electrolytic capacitors, paper and plastic film capacitors possess novel
properties that make them highly suitable for use in several general-purpose and
industrial applications. Film capacitors have very low ESL and ESR values and
despite being physically larger and expensive than aluminum electrolytic
capacitors, these capacitors have higher surge and pulse load capabilities. As
they are not polarized, film capacitors can be used in AC voltage applications
without DC bias as they tend to display more stable electrical parameters. Film
capacitors are commonly used in electronic circuits, for power factor
correction, and as EMI/RFI suppression in the electronics industry.
Major
end-use markets for paper & film capacitors include government &
utilities, motor manufacturing, industrial drive manufacturing, renewable
energy production, outdoor light manufacturing, microwave manufacturing, home
theater & CATV equipment manufacturing, power supply device manufacturing,
lighting ballast manufacturing, line voltage equipment manufacturing etc.
Special type of film capacitors are also used in oil & gas equipment,
aerospace equipment and defense equipment manufacturing. Plastic film
capacitors have emerged to be highly popular, finding applications in
electronic segments where ceramic and aluminum electrolytic
capacitors
have been traditionally dominant. One of the major factors driving growth in
the market is the rising demand for electronics that are more energy
efficient. Film capacitors will especially
find huge demand as the world moves towards making power electronics more
energy efficient. Applications of paper and plastic film capacitors in the
manufacture of power electronics are wide ranging. For instance, they are used
in power electronics for interference suppression, pulsed power, power-factor
correction, circuit protection and filtering, among several other areas.
As
stated by the new market research report on Paper and Plastic Film
Capacitors, China represents the largest market worldwide, led
by the rapid growth of the country’s huge electronics manufacturing industry and
the presence of major industrial, commercial and consumer electronics
manufacturing companies. Further the
report identifies Asia-Pacific (excluding Japan & China) as the fastest
growing market, trailing at a CAGR of 4.4% over the review period.
Major
players in the market include AVX Corporation, Cornell Dubilier Electronics
Inc., Custom Electronics Inc, Electro Technik Industries Inc, Hitachi AIC Inc.,
KEMET Corporation, Murata Manufacturing Co. Ltd., Nantong Jianghai Capacitor
Co. Ltd., Nichicon Corporation, Nippon Chemi-Con Corporation, Panasonic
Corporation, Rubycon Corp., TDK Corporation, Vishay Intertechnology Inc., and
WIMA GmbH & Co. KG, among others.
The
research report titled “Paper & Plastic Film
Capacitors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of major companies
worldwide. The report provides market estimates and projections for all major
geographic markets such as the US, Canada, Japan, Europe ((France, Germany,
Italy, UK, Spain, Russia, and Rest of Europe), China, Asia-Pacific (South
Korea, Taiwan and Rest of Asia-Pacific), and Rest of World. Product segments
analyzed in the report include AC Film Capacitors and DC Film Capacitors.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
For cutting
edge analyst reviews on top industries
Follow us on Twitter; Connect with us on LinkedIn; Follow us on Medium
Comments
Post a Comment