Global Aluminum & Film Capacitor Market Factbook (2022 Edition): World Market Review by Capacitor Type, by Energy (2018-2028)


Posted December 7, 2022 by Derrick_Samson

Global Aluminium & Film Capacitor Market Fact book (2022 Edition)

 
The demand for Aluminum electrolytic capacitors has expanded along with the miniaturization of electronic gadgets, which is expected to boost the market's growth in the upcoming years. Due to its ability to maintain capacitance values for longer periods of time, film capacitors are being used in production at an increasing rate throughout the world. These capacitors are renowned for having a low failure rate and a longer shelf life. Numerous businesses have been introducing fresh, cutting-edge items into the market in response to the increasing demand, which is further projected to support market expansion.

The market environment surrounding the Aluminum and film capacitors saw firm demand in ICT-related markets due to the widespread adoption of remote work and people spending more time at home leading to demand for notebook PCs and home video game consoles. Demand for products related to 5G communication base stations was also strong. While there was a significant decrease in demand in the automotive electronics market and industrial equipment market due to the impact of the COVID-19 pandemic, the markets did trend towards recovery after the period of fiscal year 2020 from improvement in global economic conditions.

Another important factor impacting the Aluminum & Film Capacitor industry is the Demand for power is surging at a rapid pace, driven by rapid industrialization, urbanization, and growing trend of electrification, especially across emerging economies such as India, China, Australia, and others. Hence, governments worldwide are aiming at refurbishment of existing power infrastructure and development of smart grids to reduce the decrease electricity loss. For instance, according to a report by the India Smart Grid Forum, the Government of India has announced its plan of allotting USD 129.9 Million for developing smart grids across smart cities across India under the National Smart Grid Mission (NSGM). As electrolytic capacitors are extensively used in smart grid circuits for declining transmission loss and improving grid stability, such developments are estimated to accelerate the sales in the global market.

The Azoth Analytics research report titled ‘Global Aluminium & Film Capacitor Market Fact book (2022 Edition)’ has been analyzed By Capacitor Type (Aluminium Capacitor, Film Capacitor), By Energy (Renewable, Non-Renewable), By Industry Verticals (Automotive, Energy & Power, Consumer Electronics, Telecommunication, Others). The Global Aluminium & Film Capacitor Market has been analyzed By Region (America, Europe, APAC, and MEA) and By Country (United States, Canada, Brazil, Germany, France, Italy, China, Japan, India, and South Korea). The market has been assessed for the historical period of 2018-2021 and the forecast period of 2023-2028. The companies profiled in the report include NICHICON, TDK, Kemet, Nippon Chemi-Con Corporation, Rubycon Corporation, Jianghai Capacitor, Hunan Aihua Group, Xiamen Faratronic Co Ltd., Panasonic Corporation and Lelon Electronics Corp.

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https://www.azothanalytics.com/report/electronics-technology/global-aluminium-and-film-capacitor-market-analysis-by-capacitor-type-energy-industry-verticals-by-region-by-country-2022-edition-market-insights-and-forecast-with-impact-of-covid-19-2023-2028

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Issued By Derrick Samson
Phone +1 832 495 4885
Business Address 1321 Upland Dr. PMB 15832, Houston, Texas, 77043, US
Country United States
Categories Consumer , Electronics , Energy
Tags aluminum , capacitors , electronic
Last Updated December 7, 2022