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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

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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.

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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. 

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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/

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SOURCE Technavio

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Clock Ticking on San Jose Worker Contracts as City Council Eyes July Recess

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SAN JOSE, Calif., June 18, 2026 /PRNewswire/ — Several months of tense negotiations between the San Jose City Administration and thousands of dedicated City of San Jose workers have now resulted in two of the City’s largest worker contracts set to expire – just as the San Jose City Council leaves for their July recess. On Thursday, June 18, after receiving the City’s Last, Best, and Final Offer (LBFO) and working to reach a deal before contract expiration, San Jose workers represented by IFPTE Local 21 and MEF-AFSCME Local 101 have called for mediation in order to reach a fair agreement.

Last Wednesday, June 10, workers rallied at San Jose Mineta International Airport (SJC) to call on the San Jose City Administration to secure a contract that will allow the City of San Jose to retain and recruit excellent public workers. While negotiations continued after the rally, the City’s LBFO remains one that does not invest in city services and one that will not retain the city’s skilled workforce.

Members of both unions are concerned that the upcoming budget has proposed staffing cuts to several departments, including the Library, Public Works, and the Housing Department. Instead of investing in our community, city officials have elected to spend taxpayer money on corporate giveaways through massive contracts with ineffective AI companies and an outrageous $351 million subsidy towards hockey arena renovations. The City could develop a strategy that ensures corporations pay their fair share from benefitting directly from city services. Instead, San Jose insists on cutting taxes for some of the largest corporations that occupy the city, while residents and working families pay more.

“We are the workers who keep San Jose running every day. We’ve shown up at the bargaining table ready to negotiate a fair contract every week. It’s time for the City to turn things around in order to retain workers. San Jose workers and the residents we serve deserve better,” said Carlos Murillo, an Associate Engineer at SJC, and IFPTE Local 21 Bargaining Team Member. “It’s time to invest in our city services. It’s time to put San Jose first.”

“San Jose remains already one of the most thinly staffed major cities in California. The City has a real opportunity. With San Jose being a World Cup host city, we have seen our community come together. San Jose has the potential to highlight the amazing public services our city has to offer and the hard-working people who make those services happen,” said MEF Local 101 Chief Steward Heidi Mendiola, a Police Data Specialist.

San Jose workers haven’t gone on strike in two decades. Three years ago, San Jose workers organized a city-wide strike vote that shed light on the city’s dangerous understaffing and retention issues. Workers are disheartened to know that instead of working on revenue, this administration has instead continued to remain one of the few cities to cap its business license tax on large businesses, with its largest only paying $185,532 in taxes. This includes massive Fortune 500 companies, such as Cisco Systems, which reported $56 billion in revenue and $10 billion in profits for Fiscal Year 2025; PayPal Holdings, which reported $33 billion in revenue and $5.2 billion in profits; and Adobe Inc., which reported $23 billion in revenue and $7.1 billion in profits.

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SOURCE IFPTE Local 21

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Trupeer AI Appoints Former UiPath APAC President & CEO Raghu Subramanian to Lead Japan Enterprise Expansion

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TOKYO, June 19, 2026 /PRNewswire/ — Trupeer AI, the workflow knowledge layer for teams and AI agents, today announced the appointment of Raghu Subramanian as President and Chief Business Officer, as the company accelerates its next phase of global enterprise expansion. Backed by RTP Global and Salesforce Ventures and trusted by more than 50,000 teams in over 100 countries and 120 languages, Trupeer is strengthening its leadership team to scale adoption across enterprises, SaaS companies, Global Capability Centers (GCCs), and technology-enabled business services companies.

Japan is a strategic growth market for Trupeer, where enterprises face a growing knowledge-retention challenge as experienced employees retire and institutional expertise leaves with them. Trupeer addresses this by capturing workflows and institutional knowledge and turning them into AI-ready contexts accessible in more than 120 languages, including Japanese and English. By eliminating the bilingual bottleneck, the platform lets Japanese enterprises scale their own expertise to global teams, while giving multinational organizations instant access to existing knowledge for their Japan-based teams. Several of the world’s largest software companies use Trupeer to create Japanese-language content as they deepen their presence in the country, and  major Japanese pharmaceutical companies use Trupeer to enable learning and development at scale, capturing veteran expertise and standardizing how critical processes are taught across the organization.

Raghu joins from a distinguished career at the forefront of enterprise automation. As a founding member of the management team at UiPath, he was part of the core executive team that helped build the company into a $35+ billion NYSE-listed enterprise. He established UiPath’s APAC operations in 2016 and later served as President & CEO for India and APAC, making Japan one of their largest markets. Bringing over 25 years of enterprise technology leadership, Raghu has built and scaled enterprise businesses across global markets, with deep expertise in automation, business process management, and enterprise AI adoption. Prior to joining UiPath, he served as CTO of EXL Service.

At Trupeer, he will lead the company’s next phase of commercial expansion, with a sharp focus on Japanese enterprises, the GCCs operating in Japan, and the global parents of Japan-based delivery networks.

Shivali Goyal, CEO and Co-Founder, Trupeer AI, said, “Raghu has spent decades helping organisations adopt and scale transformative technologies and brings deep experience in building enterprises globally. Having seen first-hand the challenges enterprises face in organisational knowledge and agentic AI enablement, Raghu immediately resonated with our vision and the momentum Trupeer has built globally. His expertise will help us strengthen our commercial capabilities, deepen partnerships, and unlock the next phase of growth at Trupeer.”

Raghu Subramanian, President and Chief Business Officer, Trupeer AI, said, “Enterprises have long struggled to get real value from AI, and the reason is fragmented context. As businesses operate across languages, geographies, and distributed teams, critical knowledge often becomes difficult to access, share, and act on consistently. The knowledge that makes AI useful remains trapped in people’s heads and scattered across tools. In the agentic AI era, where agents are only as good as the context they run on, that gap becomes the difference between AI that works and AI that doesn’t. This is the gap Trupeer was built to close. I look forward to partnering with enterprises and organisations across the globe to build the context layer that makes enterprise knowledge structured, accessible, and actionable, and AI genuinely useful.”

About Trupeer

Trupeer AI is the workflow knowledge layer for enterprises that enables teams and AI agents. The company helps organizations capture critical operational knowledge that is often trapped in the minds of subject matter experts and scattered across tools, transforming it into structured, accessible, and queryable knowledge. Its platform captures enterprise workflows and turns unstructured, multimodal input into SOPs, guides, studio-quality videos, training assets into 120+ languages and continuously updated, AI-ready context that intelligent agents can leverage, making institutional knowledge accessible, actionable, and queryable. Backed by RTP Global and Salesforce Ventures, Trupeer supports more than 50,000 teams in over 100 countries, including Fortune 100 enterprises, Global Capability Centers and technology-enabled business services companies.

Further details: https://www.trupeer.ai/ 

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Fulfilling PM Modi’s Dream of Atmanirbhar Bharat: India’s AI Writing Startup Kreativespace Incubated at IIT Kharagpur

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Kreativespace, an Indian AI-powered writing platform founded by Vinet Kakadea, has been incubated at IIT Kharagpur and recognized by SVNIT University, Ministry of Education under Bodhan AI Conclave also through the NVIDIA Inception Program, AWS Startup Program, and DPIIT under Startup India.The platform unifies 8 AI-powered writing tools, along with AI Humanizer and Message AI feature being the latest addition into a single ecosystem, so you can generate and refine content all in one place.The company reports more than 50,000+ signed-up users, 75,000+ anonymous users, and roughly 100,000 monthly website visitors, positioning itself as the only Indian company operating at scale in the global AI writing market.

SURAT, India, June 19, 2026 /PRNewswire/ — Kreativespace, an AI-powered writing platform, is building out its position as the only homegrown alternative in a market long dominated by international tools such as Grammarly and QuillBot. Founded by Vinet Kakadea and incubated at IIT Kharagpur, the company has aligned its growth with the broader push behind Prime Minister Narendra Modi’s Atmanirbhar Bharat (Self-Reliant India) initiative, which encourages indigenous technology development capable of competing on a global scale.

As AI adoption accelerates across India’s education, research, and enterprise sectors, Kreativespace is among a small group of Indian startups building writing technology designed to compete directly with established international platforms.

Kreativespace’s progress has been recognized by several institutions central to India’s startup and technology ecosystem. The company has been incubated at IIT Kharagpur, selected under SSIP 2.0 through SVNIT University, and chosen by the Ministry of Education to present its work at the Bodhan AI Conclave. It has also been accepted into the NVIDIA Inception Program and the AWS Startup Program, and holds DPIIT recognition under the Startup India initiative.

Where many writing-tool users rely on separate subscriptions for content generation to refinement for grammar correction, paraphrasing, plagiarism checking, citation generation, and editing, Kreativespace brings these functions into a single platform as a super-app for AI writing tools. The company says its approach centers on affordability and accessibility alongside performance, aiming to make advanced AI writing assistance available to a wider range of users regardless of geography or budget.

The idea for Kreativespace took shape while founder Vinet Kakadea was studying at New York University and Marymount University in the United States, where he experienced firsthand how students, researchers, and professionals often need multiple paid subscriptions to cover writing-related tasks. That fragmented experience led him to build a super-app offering each of these capabilities together, at a more accessible price point.

Kreativespace combines 8 AI-powered writing tools with AI Humanizer and Message AI feature being the latest addition, allowing users to generate, rewrite, refine, and humanize content without moving between separate platforms. The product is available via web platform, mobile apps on the App Store and Google Play, browser extensions for Chrome, Mozilla, and Edge, and a Google Docs add-on.

Vinet Kakadea, Founder of Kreativespace, said, “Kreativespace’s vision is to digitalize the entire Indian education ecosystem to support PM Modi’s Atmanirbhar Bharat scheme.”

About Kreativespace

Kreativespace with the Motto of Making Writing Accessible for Everyone: Kreativespace is an AI-powered writing platform built to make AI writing tools accessible, affordable, and effective for students, researchers, educators, professionals, content creators, startups, and enterprises. Founded by Vinet Kakadea, the company is incubated at IIT Kharagpur and has been recognized by AWS Startup Program, the NVIDIA Inception Program, and DPIIT under Startup India. For more information, visit kreativespace.com.

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