San Jose, California (PRWEB) July 09, 2012
Follow us on LinkedIn – The capacitors (condensers) industry is a large, rapidly growing and highly competitive segment of the passive electronics\components industry, with factors such as pricing, product quality, engineering specifications, diversity of offerings, and customer service playing key differentiators for local and global vendors. Capacitors are rapidly expanding their significance in the global marketplace by enhancing the functionality of electronic products such as digital cameras, HD/LCD televisions, and other consumer electronic devices, as well as serving a critical role in products where electronics subsystems are beginning to gain prominence in various industrial applications. Evolving from large-sized energy storage devices, capacitors are gradually improving not only with regard to their functionality and processing power but also in terms of their size. Film capacitors are carving out a specific market for themselves as a result of the developments in the capacitor manufacturing processes. Significant improvements in metalizing techniques are enhancing the efficient use of new ultra thin dielectric substrates providing manufacturers wider range of materials, production methods, and design tools.
Being an essential component of passive electronic components and circuits market, the fortunes of the global Capacitors industry primarily depend on the electronic products market. Post recession, demand for capacitors is expected to soar in the near term due to innovations in the industry including advanced GPS devices, alternate energy systems, electronic controls for industrial machines and engines, hybrid transportations solutions and medical equipment. Demand for surface-mount capacitors such as electrolytic, film, multilayer ceramic, solid aluminum capacitors, paper, tantalum capacitors, is expected to outstrip that of all other capacitor segments in the US and global markets due to the sheer breadth of end-use applications for these units. The growing market for auto electronics, renewable energy generation systems, hybrid electric vehicles, and industrial power solutions, is anticipated to accelerate sales of electrolytic, paper and film capacitors.
External factors such as financial uncertainty in the US, coupled with the Euro debt crisis and natural calamities striking the Asia-Pacific region, upset the post-recession recovery of the electronics components and consumer electronics goods industries throughout 2011. The earthquake and tsunami that hit Japan in early part of the year, as well as flooding in Thailand impacted the supply of several critical components including chip resistor arrays, tantalum capacitors and aluminum capacitors. In addition, the weak demand from the downstream consumer electronics devices in European markets, spilled over into the electronics components industry. The economic losses and disruptions incurred during the tsunami prompted several Japanese manufacturing majors to scale up overseas production capacities, and thereby dilute the dependence on domestic units. The European sovereign debt crisis together with currency fluctuations struck a blow to China’s highly export-oriented electronics components industry, with inventory buildup and weak demand stretching the capital recovery time for manufacturers. As the majority of domestic production is directed towards mobile, PC and consumer electronics producers, the vibrant growth of these downstream verticals is expected to turnaround the electronics component market in China through 2012.
Despite the economic woes, normalcy is returning to the electronics components industry in 2012, with lead times stabilizing in the early part of the year. The industry is projected to stage a staggered recovery in 2012 from the rock bottom levels of 2010 and 2011. However, prices are expected to remain volatile in tune with the supply and cost of raw material, inventory pipelines, and demand levels for end-products. Select components, such as capacitors, and to some extent inductors, are more affected by inventory imbalances in comparison to resistors. Plastic film manufacturers, who were hesitant to upscale production capacity due to the low volumes and high quality controls of thin-film capacitor industry, are expected to undertake capacity expansion to tap the spurt in capacitor prices. The stockpile accumulated through oversupply in 2010 and 2011, coupled with weak market demand are expected to check the price rise in the passive components industry.
Asia-Pacific represents the largest and the fastest growing regional market accounting for a substantial share of the world market, as stated by the new market research report on Paper and Plastic Film Capacitors. The Chinese capacitors market has taken great strides over the past two decades attaining higher scale of production with relatively lower manufacturing and material costs within the Asian region, while maintaining international quality standards. As a result, China has emerged as a major hub for the global capacitor industry with technological expertise in all types of capacitors ranging from basic components to surface-mount ceramic capacitors. By segment, AC Film Capacitors primarily used for heat pumps, awning drives, compressors, pumps, domestic appliances, air conditioning, and asynchronous motors represent the larger and faster growing market segment.
Key players profiled in the report include AVX Corporation, Cornell Dubilier Electronics, Inc., Custom Electronics, Inc., Electro Technik Industries, Inc., Hitachi AIC, Inc., KEMET Corporation, Murata Manufacturing Co., Ltd., Nichicon Corporation, Nippon Chemi-Con Corporation, Soanar Pty Ltd., Taiyo Yuden Co., Ltd., TDK Corporation, Vishay Intertechnology, Inc., and WIMA Spezialvertrieb elektronischer Bauelemente GmbH & Co., KG.
The research report titled “Paper and Plastic Film Capacitors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive industry overview, film capacitors market, trends and issues, product overview, key growth drivers, recent industry activity, and profiles of major/niche global market participants. The report provides annual sales estimates and projections for the years 2009 through 2018 in value (US$) terms for geographic markets including, US, Canada, Japan, Europe, Asia-Pacific, Middle East and Latin America.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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