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The increasing demand for EVs (electric vehicles) has made the automotive sector undergo rapid transformation. This growth has led to a surge in electronic components – especially capacitor films, which have emerged as an essential player. The global market size of capacitor films was estimated to be USD 3.8 billion in the year 2023 and is expected to rise between 2024 and 2032 at a CAGR of 6.60%.
Let’s understand more about the applications of capacitor films in the automotive sector.
Use of Capacitor Films in Electric Vehicles
The consumers are shifting towards use of EVs, resulting in automotive sector's demand for capacitor films. These electric vehicles heavily rely on electronics for power management, propulsion and charging. Here are some ways in which the capacitor films contribute to this sector.
Advantages of Using Capacitor Films in Automotive Applications
Here are some advantages of using capacitor films in the automotive sector:
To Conclude,
Capacitor films are vital in the modern automotive sector with increase in demand of EVs, enabling the development and operation of advanced electronic systems that improve vehicle performance, and efficiency. As the automotive sector continues to grow, driven by the shift towards electrification and autonomous technologies, the role of capacitor films will become more significant. Contact us film capacitor manufacturer for more information and capacitor film requirements.
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