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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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JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC’s summit

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2 hours ago

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May 25, 2025

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JAKARTA, Indonesia, May 25, 2025 /PRNewswire/ — On May 25, 2025, at the UN Global Compact (UNGC)’s Inaugural Global Business Summit in Jakarta, a total of 24 global leading solar companies including JA Solar, Jinko Solar, Tongwei, LONGi, GCL Group and other core upstream suppliers, collectively released the initiative for “Global Solar Sustainable Alliance (GSSA)”.

Distinguished leaders across government, industry and academia attended the summit, including United Nations Global Compact Assistant Secretary-General and CEO Sanda Ojiambo, United Nations Resident Coordinator in China Siddharth Chatterjee , Chairman of the National Economic Council of the Republic of Indonesia H.E. Luhut B. Pandjaitan, Founder and co-chairman of Bridgewater Associates Ray Dalio, President of the China Electricity Council Bao’an Xin, Chairman of Xiamen Airlines Dong Zhao, Founder and Chairman of GCL Gongshan Zhu.

At this critical juncture of global energy transition, the solar industry, as a cornerstone of renewable energy, serves as a pivotal solution to combat climate change and achieve carbon neutrality goals. Amid rapid industry growth, leading enterprises have jointly launched this initiative to address social and environmental challenges and advance sustainable development. Committed to delivering clean energy globally, the Initiative aims to strengthen sustainability across the entire value chain — promoting green mineral sourcing from the source, protecting ecosystems and biodiversity, building an equitable society for common good, and driving inclusive growth.

Aligned with the UNGC Ten Principles and Sustainable Development Goals (SDGs), the Initiative outlines 9 actionable pathways across three pillars, advancing ESG progress across the solar value chain and promoting its positive impact on the international market.

The GSSA initiative has garnered strong endorsement from the UNGC. Meng Liu, UNGC China Representative, stated: “We commend the global solar industry, particularly Chinese photovoltaic enterprises, for their contributions to advancing the global energy transition, and we welcome the launch of this initiative. Closely aligned with the principles of the United Nations Global Compact, the Initiative underscores corporate responsibilities in environmental protection, human rights safeguards, and sound governance. We look forward to the solar industry setting an exemplary model for global sustainable development through collective action.”

Jing Li, Vice President of Branding and Sustainability Officer of JA Solar, officially launched this GSSA Initiative at the event, and introduced JA Solar’s newly constructed responsible supply chain strategy with the theme of “Together Towards Tomorrow”, which aims to promote the multi-stakeholders along the industry’s value chain to evolve towards a sustainable future.

UNGC encourages more solar companies and supply chain partners to join this initiative and jointly advance the sustainable development of the industry. To truly fulfill the summit’s vision of ‘Better Business, Better World: Accelerating the SDGs’, the first co-signatories pledge to collaboratively develop a concrete action roadmap with stakeholder engagement, to ensure effective implementation of the Initiative.

Appendix : Global Solar Sustainable Alliance (GSSA)

As the backbone of renewable energy, the global solar sector provides consumers, industries, and society with affordable and reliable clean energy. It has made remarkable contributions to advancing global energy transition and promoting sustainable development, with immense potential yet to be realized.

On the other hand, after decades of growth, the social and environmental footprints of the solar industry, particularly the associated risks across its supply chain—have increasingly emerged. These challenges pose significant obstacles to unleashing the industry’s full potential and achieving its own sustainable development.

In light of this, we, as the undersigned photovoltaic enterprises and supply chain participants, guided by the Ten Principles of the United Nations Global Compact and the UN Sustainable Development Goals (SDGs), hereby launch the Global Solar Sustainable Alliance (GSSA). We call on all companies in the industry and its supply chains to adopt sustainability principles and strategies, and actively undertake the following actions:

I. Just Transition: Safeguarding the green ecosystems and environment

a) Reduce pollution, conserve resources, improve environmental management, implement clean production, and promote a circular economy.

b) Cut energy consumption and carbon emissions, adapt to climate change, establish science-based greenhouse gas reduction targets, and achieve net-zero emissions as soon as possible.

c) Protect biodiversity and ecosystems, promoting green mining from origins of materials, ensuring zero deforestation and no net loss of biodiversity.

II. People-Centric Development: Building an Equitable Society for Common Good

a) Respect and protect workers’ fundamental rights, create gender-responsive, diverse, inclusive, safe, and healthy workplaces, and enhance employees’ skills and development potential.

b) Advance responsible procurement and marketing practices, implement human rights due diligence in supply chains, improve value chain transparency, traceability, and collaborative mechanisms, and strengthen supply chain resilience.

c) Plan PV projects in alignment with local conditions, respect the rights of communities and residents, and leverage industry expertise to support community and social development.

III. Governance Enhancement: Driving Inclusive Growth

a) Optimize corporate governance structures, enhance professionalism and diversity in governance mechanisms, improve investor relations management, and protect the rights of minority shareholders.

b) Operate with integrity and compliance, oppose all forms of unfair competition practices, proactively uphold a sound market order, and foster the healthy development of the industry.

c) Strengthen internal and external oversight systems, conduct standardized information disclosure and regular tracking of progress and targets, and establish multi-channel stakeholder engagement and dialogue mechanisms.

Building on the above consensus, we will pool wisdom and resources, engage in full collaboration, and establish a concrete action roadmap with the participation and support of multi-stakeholders to ensure the effective implementation of the GSSA Initiative.

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SOURCE JA Solar Technology Co., Ltd.

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Curotec Unveils Self-Hosted AI Platform That Cuts Dev Time by 70% Without Compromising Security

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2 hours ago

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May 25, 2025

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With the help of Curotec, companies in regulated industries can now deploy generative AI securely—achieving 3X faster time to market without sacrificing privacy or control.

PHILADELPHIA, May 25, 2025 /PRNewswire-PRWeb/ — Curotec, a leader in nearshore software development and AI strategy, announces the launch of its self-hosted large language model (LLM) infrastructure—a cutting-edge approach to generative software development that enables clients to harness AI securely and efficiently, without compromising code, intellectual property, or sensitive data.

“We built our model infrastructure with security, control, and developer productivity at its core,” said Brian Dainis, CEO of Curotec.

As enterprise adoption of generative AI accelerates, so do concerns from CIOs and general counsel over privacy, IP leakage, and regulatory compliance. Curotec’s infrastructure addresses these concerns head-on by deploying the top-performing open-source LLMs entirely within Curotec-owned and controlled environments, avoiding reliance on third-party model providers.

Unlike typical AI development tools that rely on external APIs, Curotec’s models are fully self-contained—running within isolated environments that are hardened for enterprise-grade privacy. This ensures client data never leaves the trusted boundary of Curotec’s infrastructure, making it ideal for highly regulated sectors like FinTech, HealthTech, and SaaS.

Curotec piloted its self-hosted LLM platform with several of its clients in 2025, including growth-stage FinTech and HealthTech companies with stringent SOC 2 compliance requirements. This pilot proved the approach’s efficacy in unlocking significant developer efficiency and the ability to get legal, security, and compliance leaders on board with the data concerns that LLM platforms introduce.

Since implementing this approach across internal and client-facing projects, Curotec has seen up to a 70% reduction in man-hours required for application development projects. These gains translate into a 3X faster speed to market, allowing businesses to outpace competitors without sacrificing security or code quality.

The LLMs assist Curotec developers with:

Generating boilerplate and middleware codeWriting unit tests and documentationRefactoring and debuggingTranslating specifications into working codePrompt-assisted feature scaffolding

This innovation is now part of Curotec’s AI-enhanced development services, detailed here:

curotec.com/services/ai-generative-development

Curotec’s self-hosted model platform marks a new frontier in generative software development—one where efficiency doesn’t require compromise, and where enterprises can trust their AI-powered development pipelines are both powerful and secure.

About Curotec:

Curotec is a software consulting firm that helps companies scale their engineering capacity and adopt transformative technologies. With a strong presence in Latin America, Curotec provides elite nearshore talent and consulting services in AI, software development, and digital transformation. Learn more at www.curotec.com.

Media Contact

Brian Dainis, Curotec, 1 610-450-6599, press@curotec.com, https://www.curotec.com/

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SOURCE Curotec

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AB Charity Foundation X AB Blockchain Join Forces to Advance the Global “Tech for Good” Mission

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2 hours ago

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May 25, 2025

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DUBLIN, May 26, 2025 /PRNewswire/ — AB Charity Foundation (AB Foundation X AB Blockchain) today announced the addition of 10 internationally influential statespersons and global affairs experts to its Senior Advisory Board, further strengthening its strategic think tank and supporting AB Foundation X AB Blockchain in expanding technology-enabled philanthropy and global collaboration.

Their inclusion means the Foundation’s advisory network now spans five continents and nearly 30 former and sitting heads of state, international organization leaders, and policy experts, forming a cross-cultural, cross-sector, cross-institutional “Global Philanthropy Strategy Engine.”

Bertie Ahern, Chair of the Foundation and former Prime Minister of Ireland, said, “We welcome these visionary and action-oriented advisors to AB. ‘Tech for Good’ is a global cooperative endeavor—only by combining governance expertise with technological innovation can we build a trusted, inclusive, and sustainable global philanthropy ecosystem.”

AB Charity Foundation will continue to broaden its governance network and collaborate with the United Nations system, international NGOs, government agencies, and leading technology firms to drive “verifiable acts of goodwill” in critical areas such as education, healthcare, environmental protection, and humanitarian relief.

New Senior Advisory Board Members:

Olusegun Obasanjo — Former President of Nigeria and former Chairperson of the African Union, renowned for driving economic reform and regional cooperation across Africa.

Victor Yushchenko — Former President of Ukraine, celebrated economist and reform-minded leader instrumental in the country’s democratic transition.

Thomas Axworthy — Distinguished Canadian policy scholar and public administration expert, former Secretary to the Prime Minister (Chief Policy Advisor).

Dzhoomart Otorbaev — Former Prime Minister of Kyrgyzstan, noted economist and policymaker, leading reformist in Central Asia.

Denzil Douglas — Former Prime Minister and current Minister of Foreign Affairs of Saint Kitts and Nevis.

Joanna Nurse — Senior expert at the World Health Organization, with extensive experience in global health policy and public health management.

Maha Ibrahim Mohamed Morsy — Wife of former Egyptian Prime Minister Essam Sharaf, active leader in Egypt’s social welfare and education sectors.

Kateryna Yushchenko — Wife of Ukraine’s third President Victor Yushchenko; as First Lady she championed healthcare, child welfare, and cultural exchange initiatives.

Antonina Stoyanova — Former First Lady of Bulgaria and spouse of ex-President Petar Stoyanov; legal expert and diplomat who served in various United Nations roles.

Milena Dobronic — Spouse of former Bolivian President Jorge Quiroga; prominent advocate for social services and education in Bolivia.

About AB Charity Foundation

AB Charity Foundation is an independent international NGO registered in Ireland with EU legal status, supported technologically by AB DAO. The Foundation leverages blockchain, AI, and other cutting-edge technologies to build global philanthropic infrastructure, pioneering a “Governance Trust + Technology-Driven” paradigm to serve the public good.

Currently, $AB is available for trading on over a dozen exchanges, including Bitget, HTX, MEXC, Gate, BingX, BitMart, DigiFinex, Lbank, Hotcoin, Biconomy, BTSE, UEEx, WEEX, and 4E.

Learn more at our official website. https://www.ab.org/en/charityFoundation/

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SOURCE AB Foundation

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