Connect with us

Technology

Film Capacitor Market size is set to grow by USD 495.8 million from 2024-2028, Increasing adoption of EVs and HEVs to boost the market growth, Technavio

Published

on

NEW YORK, July 9, 2024 /PRNewswire/ — Film capacitors are essential components widely used in various applications such as electric vehicles (EVs), hybrid electric vehicles (HEVs), smart grids, and consumer electronics. Their high reliability and efficiency make them ideal for filtering, decoupling, and energy storage purposes in electronic circuits. The global film capacitor market is poised to grow significantly, driven by the increasing adoption of EVs and HEVs, as well as the development of smart grids. However, challenges like the rise in counterfeit products need addressing to sustain this growth. Key players in the market include Cefem Group, Cornell Dubilier Electronics Inc., Panasonic Holdings Corp., and others.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Polyester film capacitors, Polypropylene film capacitors, PTFE film capacitors, and Others), Application (AC applications and DC applications), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

Region Covered

APAC, Europe, North America, Middle East and Africa, and South America

Key companies profiled

Cefem Group, Cornell Dubilier Electronics Inc., Custom Electronics Inc., DongGuan Xuansn Electronic Tech, Electro Technik Industrtries Inc., Foshan Shunde District Sheng Ye, Hi Fi Collective Ltd., Hitachi Ltd., Icel Srl, Kyocera Corp., NICHICON Corp., Ningbo Topo Electronic Co. Ltd., Panasonic Holdings Corp., Suntan Technology Co. Ltd., TDK Corp., Vishay Intertechnology Inc., WIMA GmbH and Co. KG, Wurth Elektronik GmbH and Co. KG, XIAMEN FARATRONIC Co. Ltd., and Yageo Corp.

Key Market Trends Fueling Growth

Smart grids, electrical networks equipped with computer intelligence and network capabilities, are a significant trend in the energy industry. These grids enhance grid operation and maintenance by enabling seamless data exchange among components, including transmission lines, generators, transformers, smart meters, appliances, and renewable energy systems. Smart grids offer several benefits, such as heightened security, efficient energy transmission, integrated operations leading to low power costs, quick electricity restoration during power cuts, and reduced peak demand. Investments in smart grids have been substantial. For instance, Tantalus Systems and UtilityHawk Solutions developed an integrated smart grid communication portal, while Scotland’s Northern Isles New Energy Solutions (NINES) project demonstrated smart grids’ reliability. The EU aimed to replace 80% of energy meters with smart meters by 2020, and the US focuses on smart grid deployment. Film capacitors play a crucial role in smart grids due to their ability to adjust and stabilize voltage and frequency. They are also used as output filters for converters and offer self-healing and DC filtering capabilities. The film capacitor market is poised to expand due to technological advancements and increased adoption across various industries in the forecast period. 

The Film Capacitor market is experiencing significant growth due to its widespread usage in various industries. Key insulator materials like Polypropylene, Polyethylene Terephthalate, and Polycarbonate are driving this trend. Film capacitors find extensive applications in Consumer Appliances such as Tablets, TVs, Audio devices, and Power electronics including Motor drives, Lighting systems, Charging infrastructure, Power supplies, and Renewable energy systems. In the Renewable energy sector, Film Capacitors are used in Renewable energy installations, Photovoltaic inverters, Wind turbines, and Energy efficiency standards to mitigate power losses and ensure power quality. The Information Technology industry utilizes Film Capacitors in Regulators, Energy efficiency management, and Clean energy solutions. Industrialization and Automation sectors also rely on Film Capacitors for Industrial automation, Smart grids, Grid stability, and Power factor correction. Harsh environments and temperature stability requirements are met with alternative materials like Ceramic capacitors and Aluminum electrolytic capacitors. Miniaturization is another trend, as Film Capacitors are being used in Smart home devices and various other applications. 

Discover 360° analysis of this market. For complete information, schedule your consultation- Book Here!

Market Challenges

•         Counterfeit film capacitors pose a significant threat to the global market, as they violate intellectual property rights and can cause severe damage to devices, equipment, or power systems. These unauthorized replicas are often manufactured using scrap materials or reclaimed electronics, resulting in incorrect capacitance values. The consequences of using these capacitors can be harmful, leading to short circuits and even explosions. Notable companies like NICHICON and KEMET have encountered counterfeit products bearing their brand names. To mitigate this issue, vendors are urging customers to purchase film capacitors only from authorized dealers. The proliferation of counterfeit capacitors can negatively impact the film capacitor market’s growth.

•         The Film Capacitor Market faces several challenges in various industries. Electric vehicles and IoT devices require advanced capacitor technology for efficient energy storage and power management. End-use sectors like AC and DC applications in kitchen appliances, televisions, fans, electric lamps, battery charging, and massive power sources need reliable and efficient capacitors. Telecommunication industry demands high-performance capacitors for electrical energy storage and transmission. Film capacitors, including paper film and plastic film types, are crucial in telecommunication, AC and DC circuits, and electrochemical processes in aluminum smelting, railways, and avionics. HVDC and power correction systems require film capacitors for efficient energy transfer. Consumer goods, hybrid electric vehicles, and electronic transportation systems rely on film capacitors for self-healing properties. Discrete capacitors, tantalum capacitors, and electrolytic capacitors are essential in various applications, such as mechanical elevations, electric devices, and lighting ballasts. Film capacitors are also used in electronic circuits, power and utilities, government and defense, and thin dielectric films like polyester. Overall, the Film Capacitor Market must address the diverse needs of these industries while ensuring cost-effectiveness and high performance.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This film capacitor market report extensively covers market segmentation by

Type 1.1 Polyester film capacitors1.2 Polypropylene film capacitors1.3 PTFE film capacitors1.4 OthersApplication 2.1 AC applications2.2 DC applicationsGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Polyester film capacitors-  The Film Capacitor market is experiencing steady growth due to increasing demand from various industries such as telecommunications, power electronics, and renewable energy. These capacitors are essential components in electronic circuits, providing energy storage and voltage stabilization. Key players in the market include Murata Manufacturing, Panasonic, and TDK. Companies invest in research and development to improve product performance and efficiency. The market is expected to reach significant value by 2026.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Film Capacitor market encompasses a wide range of electrical components used in various industries, primarily in the fields of consumer electronics and telecommunications. These capacitors are constructed using thin plastic films as dielectrics, which provide low self-inductance and high capacitance. The manufacturing process involves metallizing the films to create electrodes, resulting in electric devices with high energy density and excellent performance. Film capacitors are essential in consumer electronics such as tablets, TVs, and audio devices, where they provide energy storage and filtering functions. In telecommunications, they are used in power amplifiers and filters for signal conditioning. The market includes various types of film capacitors, including DC, AC, power, damping, and lighting ballast capacitors. Thin dielectric films like polyester, polypropylene, polyethylene terephthalate, polycarbonate, and insulators are commonly used in their production. Additionally, film capacitors find applications in consumer appliances, hybrid electric vehicles, and power and utilities.

Market Research Overview

The Film Capacitor Market refers to the industry dedicated to the production and application of electrical capacitors utilizing thin plastic films as dielectrics. These capacitors, available as DC Film Capacitors and AC Film Capacitors, offer advantages such as low self-inductance, high stability, and efficiency in various end-use sectors. Thin dielectric films like polyester, polypropylene, polyethylene terephthalate, and polycarbonate are commonly used in manufacturing film capacitors, including nanolayer film capacitors. Film capacitors find extensive usage in consumer electronics, telecommunications, electric vehicle systems, and numerous other industries. They are integral components in consumer goods such as smartphones, laptops, electric vehicles, IoT devices, and kitchen appliances. In the telecommunication industry, they are employed in AC and DC power supplies, power correction systems, and efficient circuits. Additionally, film capacitors are essential in industrial applications, such as power and utilities, avionics, and renewable energy systems. They contribute to various applications, including electric vehicles, hybrid electric vehicles, motors, electrochemical processes, and mechanical elevations. Film capacitors are also used in lighting systems, charging infrastructure, and power supplies. Thin dielectric films, including polyester, polypropylene, polyethylene terephthalate, and polycarbonate, are employed as insulators in various applications, such as power electronics, motor drives, and lighting systems. Film capacitors are also used in lighting ballasts, electronic circuits, and damping capacitors. In summary, the Film Capacitor Market encompasses a diverse range of applications across numerous industries, including consumer electronics, telecommunications, power and utilities, avionics, and renewable energy systems. Film capacitors, utilizing thin plastic films as dielectrics, offer advantages such as high stability, low self-inductance, and efficiency, making them indispensable components in various applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypePolyester Film CapacitorsPolypropylene Film CapacitorsPTFE Film CapacitorsOthersApplicationAC ApplicationsDC ApplicationsGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/film-capacitor-market-size-is-set-to-grow-by-usd-495-8-million-from-2024-2028–increasing-adoption-of-evs-and-hevs-to-boost-the-market-growth-technavio-302190649.html

SOURCE Technavio

Continue Reading

Technology

Florida Southern College Celebrates Ben and Missy Albritton Citrus and Horticulture Complex Greenhouse Raising and Miller Planetarium Rededication

Published

on

By

LAKELAND, Fla., Oct. 26, 2026 /PRNewswire/ — Florida Southern College celebrated two significant investments in science education and historic preservation on Thursday, Oct. 22, with the Ben and Missy Albritton Citrus and Horticulture Complex Greenhouse Raising, as well as the Miller Planetarium Rededication. The celebration highlighted the College’s commitment to agricultural education, scientific discovery, and preserving its distinctive Frank Lloyd Wright-designed campus.

The event welcomed Florida Senate President and Florida Southern alumnus Ben Albritton and his wife, Missy Albritton, along with state and local officials, College leadership, alumni, and community partners. The program included the unveiling of a dedication inscription honoring the Albritton’s, a greenhouse raising ceremony for the new greenhouse complex, and a ribbon-cutting ceremony for the newly modernized Miller Planetarium.

The Albritton Citrus and Horticulture Complex will strengthen Florida Southern’s longstanding connection to Florida’s citrus industry and agricultural education. As a student, Ben Albritton studied horticulture at the College, where faculty members helped him recognize his potential as both a student and a leader. The complex honors the Albrittons’ connection to Florida Southern and their commitment to education, agriculture, and public service.

During the greenhouse raising, invited guests signed a steel beam that will become a permanent part of the new complex. The ceremony recognized the collaborative efforts of the College, state leaders, and community supporters in advancing agricultural education. Once completed, the four new greenhouses will provide opportunities for hands-on learning, experimentation, and scientific inquiry.

State funding is also supporting improvements to Polk Science, including structural upgrades, historic preservation, and restoration of its greenhouse. Complementing these investments, a private donor gift will support renovations to existing laboratories, strengthening facilities for scientific instruction and research.

“We are particularly grateful to the State of Florida and specifically the Polk County legislators who made these opportunities possible for students, schools, and the entire community,” said Dr. Jeremy Martin, President of Florida Southern College. “We are also honored to recognize Ben and Missy Albritton, whose longstanding relationship with Florida Southern and commitment to Florida agriculture and public service make today’s celebration especially meaningful.”

The celebration continued at the Miller Planetarium, where President Jeremy Martin led the rededication and ribbon-cutting ceremony. The planetarium’s modernization includes significant upgrades to projection and audiovisual technology, transforming the historic facility into an immersive learning environment for students, K-12 school groups, families, and visitors.

The program recognized Senator Colleen Burton and Representative Jennifer Canady for their advocacy in securing state appropriations for Florida Southern over the past several years. The restoration also received support from the State of Florida, the National Park Service’s Save America’s Treasures grant program, and a private donor. These investments helped preserve the planetarium while equipping it with modern technology to inspire new generations of learners.

“The reopening of the Planetarium fulfills a dream decades in the making,” said Dr. Keith Berend, chairman of the College’s Board of Trustees. “As a student here in the late 1980s and early 1990s, I remember hoping to see this day.”

Dr. Berend also emphasized the significance of the greenhouse complex in carrying forward Florida Southern’s agricultural legacy.

“Florida Southern has a proud history in citrus education, including what was once the nation’s only bachelor’s degree dedicated to citrus. Seeing that legacy carried forward for a new generation is especially exciting,” he said.

Together, the Albritton Citrus and Horticulture Complex and the Miller Planetarium connect Florida Southern’s legacy with new opportunities for scientific exploration, student learning, and community engagement.

Founded in 1883, Florida Southern College is the oldest private college in the state. The College maintains its commitment to academic excellence through 70+ undergraduate programs and distinctive graduate programs in business administration, education, nursing, and physical therapy. Florida Southern has a 14:1 student-to-faculty ratio, is an award-winning national leader in engaged learning, and boasts 30 NCAA Division II National Championships. In the U.S. News & World Report’s 2025 “Best Colleges” guide, Florida Southern ranks #11 among “Best Regional Universities in the South,” #12 in “Most Innovative Schools,” and #24 in “Best Value Schools.” The College is also highlighted in The Princeton Review’s 2026 Best 391 Colleges guide and the “Fiske Guide to Colleges 2025.” The 2025-2026 Colleges of Distinction guidebook praises Florida Southern’s AACSB-accredited Barney Barnett School of Business and Free Enterprise alongside the College’s School of Education and its Ann Blanton Edwards School of Nursing and Health Sciences. Home to the world’s largest single-site collection of Frank Lloyd Wright architecture, Florida Southern houses 13 Wright-designed structures.

View original content to download multimedia:https://www.prnewswire.com/news-releases/florida-southern-college-celebrates-ben-and-missy-albritton-citrus-and-horticulture-complex-greenhouse-raising-and-miller-planetarium-rededication-302920011.html

SOURCE Florida Southern College

Continue Reading

Technology

The Island of The Stars, La Palma, Hosts Artemis II Commander Reid Wiseman

Published

on

By

CANARY ISLANDS, Spain, Oct. 26, 2026 /PRNewswire/ — From the iconic sound of Sir Brian May’s legendary Red Special guitar and the extraordinary voices of Andrea Bocelli and Sarah Brightman to the groundbreaking discoveries of Nobel Prize-winning scientists, from NASA’s Artemis II astronauts preparing for humanity’s return to the Moon to historic tributes to Stephen Hawking and Jane Goodall, STARMUS VIII — The Search for Truth brought together an extraordinary constellation of scientific minds, legendary musicians, explorers and visionary thinkers for six unforgettable days in the Canary Islands.

Held across Tenerife and La Palma from 17 to 22 October 2026, the eighth edition of STARMUS transformed the islands into a global stage for scientific discovery, artistic excellence and some of the most important conversations shaping humanity’s future.

Founded by astrophysicist Dr. Garik Israelian and legendary Queen guitarist and astrophysicist Sir Brian May, STARMUS once again demonstrated its unique ability to bridge science, music and society, bringing complex scientific ideas to audiences through extraordinary encounters, performances and shared experiences.

In an extraordinary exchange in La Palma with Reid Wiseman, Commander of the Artemis II mission to the moon, astrophysicist and Starmus co-founder Garik Israelian asked him how it felt to be at the Starmus VIII Festival in La Palma when “15 years ago we were here with Neil Armstrong Alexei Leonov, Jim Lovell, Charlie Hewitt, Buzz Aldrin, lots of scientists, Brian May….” Commander Wiseman responded, “I am here in La Palma and Alexei Leonov was one of the first people to talk to me before I launched to the International Space Station in 2014, and then Jim Lovell sent us a greeting when we went around the far side of the moon in 2014 on Artemis II…amazing to be connected through all those years.”

Media Contacts:

US: Dan DuPont, dupont0708@gmail.com, +1 202 380 7558

UK/EU: Nicole Ettinger, nicole@ettingerpr.com, +44 7515 394107

Spain: Carlos Esteban, cesteban@llys.global, +34 699 55 2854

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-island-of-the-stars-la-palma-hosts-artemis-ii-commander-reid-wiseman-302920013.html

SOURCE Starmus Foundation

Continue Reading

Technology

COLUMBIA DISTRIBUTING COMPLETES ALASKA TRANSACTION WITH RNDC, ESTABLISHING A FOUR-STATE PACIFIC NORTHWEST TOTAL BEVERAGE PLATFORM

Published

on

By

WILSONVILLE, Ore., Oct. 26, 2026 /PRNewswire/ — Columbia Distributing today announced it has completed its transaction with Republic National Distributing Company (RNDC) to acquire certain beverage distribution assets in Alaska, marking Columbia’s official entry into the state and completing the final component of the letter of intent announced by the companies in April.

The closing represents a major milestone in a long-term strategy Columbia set out to build: a multi-category, multi-state total beverage platform across the Pacific Northwest. With direct operations now spanning Alaska, Oregon, and Washington, along with its recently completed strategic partnership with Hayden Beverage in Idaho, Columbia has brought that vision to life, creating a connected four-state route to market and a more complete one-stop solution for supplier and retail partners across the region.

“This is a huge moment for Columbia because it represents exactly what we set out to build,” said Chris Steffanci, President and CEO of Columbia Distributing. “Our long-term vision has been to create the strongest total beverage platform in the Pacific Northwest—a multi-category, multi-state strategy that gives our partners a more complete solution across the region. With Alaska, that vision is now coming to life. We can offer suppliers and retailers a connected, capable, and increasingly seamless route to market across Alaska, Idaho, Oregon, and Washington.”

The Alaska transaction expands Columbia’s direct service territory to more than 835,000 square miles and adds nearly 1,500 customer accounts. It also brings Columbia into a market with an experienced local team, strong customer relationships, and an established beverage distribution network.

Columbia sees significant untapped potential in the Alaska business and plans to bring renewed investment, leadership, resources, and market focus to the state. The company will pair the Alaska team’s local knowledge and relationships with the culture and ways of working that drive Columbia’s performance in its existing markets, empowering people, moving with urgency, holding one another accountable, and maintaining a relentless focus on customers, brands, and execution.

“What has impressed me most is the energy and ambition of the Alaska team,” Steffanci said. “They know the market, they believe in the brands, and they are hungry to grow, compete, and win. They do not need us to teach them Alaska. Our responsibility is to give them the leadership, investment, tools, and support to show what they can do.”

“At Columbia, we trust our people, empower the teams closest to the market, and expect everyone to take ownership of results,” Steffanci continued. “That culture and the way we work across our company will bring new energy and momentum to Alaska. We are not entering the market to maintain the status quo—we are here to build, grow, compete, and raise the standard. This team is ready to be unleashed, and I believe the market is going to feel the difference very quickly.”

The expansion is the latest step in the deliberate strategy Columbia has pursued to build a broader total beverage business across multiple categories and markets. On June 30, the company completed its acquisition of certain RNDC wine and spirits distribution rights in Oregon and Washington. In September, Columbia completed a strategic partnership with Hayden Beverage, creating long-term alignment with Idaho’s leading locally based beverage distributor. The Alaska transaction completes the geographic footprint Columbia envisioned across the four-state Pacific Northwest market.

Together, these transactions create a platform designed around what suppliers and retailers increasingly need: one partner capable of representing multiple beverage categories across multiple states while still maintaining the local knowledge, relationships, and market-level execution required to succeed in each community.

Columbia’s expanded platform spans beer, wine, spirits, cider, non-alcoholic beverages, and emerging beverage categories. For supplier partners, it provides greater regional scale, category expertise, operational capabilities, and a more cohesive route to market. For retailers, it provides access to a broader portfolio backed by strong sales, delivery, merchandising, revenue management, and account execution capabilities.

“This is what total beverage means to us,” Steffanci added. “It is not simply adding categories or adding geography. It is about building a one-stop solution that connects categories, capabilities, people, and markets in a way that creates more value for our partners. We now have the platform we envisioned across the Pacific Northwest, and our focus turns to executing against that opportunity.”

Columbia is working closely with the Alaska team, suppliers, customers, and business partners to support a smooth transition. Columbia will communicate additional information about the operational transition, portfolio, and go-live timing directly to affected stakeholders.

Columbia appreciates RNDC’s partnership and the work of teams across both organizations to complete the transaction. Financial terms were not disclosed.

About Columbia Distributing

Since 1935, Columbia Distributing has helped build some of the best-known brands in the beverage business. Today, Columbia is one of the nation’s leading total beverage distributors, with a portfolio spanning beer, wine, spirits, cider, non-alcoholic beverages, and emerging beverage categories.

Columbia’s more than 3,200 teammates serve approximately 24,000 retail customers and deliver more than 80 million cases annually. With direct operations across Alaska, Oregon, and Washington and a strategic partnership with Hayden Beverage in Idaho, Columbia offers supplier and retail partners a connected four-state, multi-category route to market across the Pacific Northwest.

Columbia’s success is built on its people, its brands, and a deep-rooted commitment to execution, service, and creating sustainable growth for its teammates, customers, suppliers, shareholders, and communities. For more information, visit www.coldist.com.

Contact: Steve Gibbs
Steve.Gibbs@coldist.com | 206-920-6799

View original content to download multimedia:https://www.prnewswire.com/news-releases/columbia-distributing-completes-alaska-transaction-with-rndc-establishing-a-four-state-pacific-northwest-total-beverage-platform-302919977.html

SOURCE Columbia Distributing

Continue Reading

Trending