South Korea Metallized Film Capacitors Market, Emerging Trends, Technological Advancements, and Business Strategies 2024-2030

South Korea Metallized Film Capacitors Market size was valued at US$ 87.6 million in 2024 and is projected to reach US$ 118.4 million by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.

Capacitors constructed with a metalized film as the electrode, offering benefits such as self-healing properties, high voltage capabilities, and good stability for various electronic applications.

The South Korean Metallized Film Capacitors market is growing steadily, supported by the country’s diverse electronics manufacturing base. South Korea’s electronic components production, valued at $110 billion in 2023, drives demand for various capacitor types. Key trends include the development of ultra-thin metallized films for compact electronics, increased use in power factor correction applications, and growing adoption in renewable energy systems. The market faces challenges from the rising popularity of multi-layer ceramic capacitors (MLCCs) in some applications and fluctuations in raw material prices. Opportunities lie in developing high-frequency metallized film capacitors for 5G and IoT devices, and creating environmentally friendly, halogen-free capacitors. With South Korea being the world’s second-largest semiconductor producer, there’s consistent demand for high-quality passive components like metallized film capacitors in semiconductor manufacturing and testing equipment. The market benefits from South Korea’s push towards green technologies, with the government pledging to invest $61 billion in renewable energy by 2025, driving demand for specialized capacitors in power conversion systems.

This report contains market size and forecasts of Metallized Film Capacitors in South Korea, including the following market information:
•    South Korea Metallized Film Capacitors Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    South Korea Metallized Film Capacitors Market Sales, 2019-2024, 2024-2030,
•    South Korea Top five Metallized Film Capacitors companies in 2023 (%)

Report Includes

This report presents an overview of South Korea market for Metallized Film Capacitors , sales, revenue and price. Analyses of the South Korea market trends, with historic market revenue/sales data for 2019 – 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Metallized Film Capacitors sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the South Korea Metallized Film Capacitors market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    PP Film Capacitors
•    PE Film Capacitors
•    Others

Segment by Applications

•    Automotive
•    Consumer Electronics
•    Telecommunications
•    Aerospace & Defense
•    Industrial

Key Companies covered in this report:

•    Samsung Electro-Mechanics
•    LG Electronics Inc.
•    Samwha Capacitor Group
•    Samyoung Electronics
•    Dong Il Technology Ltd.
•    KEMET Electronics Corporation
•    TCI Co., Ltd.
•    JEC – Korea Electronics Co., Ltd.
•    Iljin Electric Co., Ltd.
•    Shinyoung Electronics Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Metallized Film Capacitors revenues in South Korean market, 2019-2024 (Estimated), ($ millions)
•    Key companies Metallized Film Capacitors revenues share in South Korean market, 2023 (%)
•    Key companies Metallized Film Capacitors sales in South Korean market, 2019-2024 (Estimated),
•    Key companies Metallized Film Capacitors sales share in South Korean market, 2023 (%)

1. Drivers:

• Rising Demand from Consumer Electronics:
  South Korea is a global hub for consumer electronics manufacturing, with leading companies like Samsung and LG driving innovation in the sector. Metallized film capacitors, known for their reliability, low energy loss, and long life span, are widely used in products such as televisions, laptops, smartphones, and home appliances. The increasing demand for advanced consumer electronics in both domestic and international markets is a major driver for the growth of metallized film capacitors.
• Growth of the Renewable Energy Sector:
  South Korea’s focus on transitioning towards cleaner energy sources, especially solar and wind power, has led to a rise in demand for components used in energy storage and power conversion systems. Metallized film capacitors are essential in these applications because they can withstand high voltages and perform efficiently in power inverters and converters, which are critical to renewable energy infrastructure.
• Expansion of the Automotive Industry, Particularly Electric Vehicles (EVs):
  With South Korea investing heavily in the automotive industry, particularly in the development and production of electric vehicles (EVs) and hybrid electric vehicles (HEVs), the demand for metallized film capacitors is growing. These capacitors are vital in EV powertrains, onboard chargers, and battery management systems, thanks to their high reliability, thermal stability, and low weight, all of which are crucial in automotive applications.
• Advancements in Power Electronics:
  The rapid advancements in power electronics in South Korea are driving the demand for metallized film capacitors, which are commonly used in AC-DC and DC-DC converters, motor drives, and uninterruptible power supplies (UPS). These capacitors are favored for their ability to handle high voltage and current levels, making them indispensable in power management systems across industries like industrial automation and telecommunications.

2. Restraints:

• High Production Costs and Material Supply Constraints:
  The production of metallized film capacitors involves complex manufacturing processes and the use of specialized materials, such as polypropylene and polyester films. The cost of these materials can fluctuate due to global supply chain disruptions or shortages, leading to increased production costs. This cost factor can limit the adoption of metallized film capacitors in price-sensitive markets, particularly for low-end applications.
• Competition from Alternative Capacitor Technologies:
  Metallized film capacitors face stiff competition from other capacitor technologies, such as ceramic capacitors, aluminum electrolytic capacitors, and tantalum capacitors, which may offer lower costs or higher capacitance densities in certain applications. In cases where size, weight, or cost is a critical concern, alternative technologies may be preferred, limiting the growth potential of metallized film capacitors in some sectors.
• Limited Domestic Manufacturing Base:
  Although South Korea is a leader in semiconductor and electronics manufacturing, the domestic production base for metallized film capacitors remains relatively small. The country imports a significant portion of the raw materials and components required for these capacitors, which exposes the market to potential supply chain disruptions, global pricing pressures, and trade-related uncertainties.

3. Opportunities:

• Expansion of Electric Vehicle (EV) and Hybrid Electric Vehicle (HEV) Markets:
  The rapid growth of the EV and HEV markets in South Korea presents a substantial opportunity for metallized film capacitors. These vehicles rely on high-efficiency power electronics for motor control and energy management, and metallized film capacitors offer the necessary thermal stability and long-term reliability. With government incentives and investment in green transportation, the EV market is expected to surge, providing a significant boost to the capacitor market.
• Growing Adoption of 5G Networks and IoT Devices:
  South Korea’s leadership in telecommunications, particularly with the rollout of 5G networks and the increasing adoption of Internet of Things (IoT) devices, offers a promising avenue for metallized film capacitors. These capacitors are crucial in ensuring stable power supply in 5G base stations and IoT devices, where energy efficiency and reliability are essential. The proliferation of smart cities and connected infrastructure will further drive demand for high-performance capacitors in the coming years.
• Government Initiatives Supporting Renewable Energy and Energy Storage:
  South Korea’s push towards renewable energy, supported by government policies and initiatives like the Green New Deal, is driving the need for components used in energy storage systems (ESS) and renewable power generation. Metallized film capacitors, known for their high capacitance and voltage ratings, play a key role in solar inverters, wind turbines, and energy storage systems. The growing investment in these sectors presents significant growth opportunities for the capacitor market.
• Increased Focus on Energy Efficiency and Sustainability:
  With a global emphasis on reducing energy consumption and promoting sustainability, industries are increasingly seeking components that improve the energy efficiency of electronic devices and systems. Metallized film capacitors, known for their low dielectric losses and high efficiency, are increasingly being adopted in energy-efficient applications, ranging from consumer electronics to industrial equipment. This focus on energy savings aligns with market demand and regulatory frameworks, creating a positive growth outlook.

4. Challenges:

• Technical Limitations in High-Capacitance Applications:
  Metallized film capacitors, while highly reliable and efficient in many applications, face challenges in achieving high capacitance densities, especially when compared to other capacitor types like electrolytic or ceramic capacitors. This limits their use in high-capacitance applications where size and cost are critical, posing a challenge for their wider adoption in certain segments.
• Stringent Regulatory and Environmental Standards:
  The electronics and automotive industries in South Korea are subject to strict regulatory and environmental standards, which can pose challenges for capacitor manufacturers. Metallized film capacitors must meet rigorous requirements for thermal stability, voltage endurance, and environmental impact. Compliance with these regulations often requires extensive testing and certification processes, which can be costly and time-consuming for manufacturers, particularly for smaller companies or new entrants.
• Supply Chain Vulnerabilities:
  South Korea’s reliance on imported raw materials for metallized film capacitor production creates vulnerabilities in the supply chain, especially during periods of global disruptions, such as the COVID-19 pandemic or geopolitical tensions. These supply chain disruptions can lead to material shortages or delays, impacting production timelines and increasing costs for manufacturers.
• Limited Awareness in Certain Applications:
  While metallized film capacitors are widely used in many industrial and automotive applications, there is still limited awareness of their advantages in newer sectors such as medical devices, aerospace, and some high-end consumer electronics. Expanding the market into these sectors will require increased education and marketing efforts to promote the unique benefits of metallized film capacitors in specific applications.

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    South Korean Market Analysis: The report includes South Korean market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Metallized Film Capacitors Market
•    Overview of the regional outlook of the Metallized Film Capacitors Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

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