Paper and plastic film capacitors market at $2.6 billion by 2018

The global market for paper and plastic film capacitors is forecast to reach $2.6 billion by 2018, spurred by growing consumer demand for automobiles, home appliances and products that enable greater connectivity and mobility, such as mobile computing devices and smartphones. A recent report by Global Industry Analysts, Inc. (GIA) provided a comprehensive overview on the prospects of paper and plastic film capacitors.

The report indicates that increasing sophistication and processing capabilities, as well as convergence of intelligent electronic devices with high-end microprocessors, will also fuel demand for capacitors. In the near term, higher proliferation of electronic devices pursuant to economic recovery in the developed and developing markets will keep up the momentum in the global capacitors market. The Asia-Pacific region represents the largest and the fastest growing regional market accounting for a substantial share of the world market.
www.strategyr.com