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The Multilayer Ceramic Capacitor Market Size will be valued at USD 11.32 billion in 2023, and it was valued at USD 18.771 billion by 2032, and grow at a CAGR of 5.78% over the forecast period 2024-2032.
Capacitor is an electrical component consisting of two electrical conductors separated by a protective element. Multilayer Ceramic capacitor (MLCC) contains a number of layers of ceramic electrodes inside the sandbox. MLCC is a high-performance device (SMD) capacitor, used in many different applications such as telecommunications, data processing, PCs, hard disks, game PCs, DVDs, video cameras, cell phones, standard electrical circuits, and Others.
KEY DRIVERS:
Increasing demand from the automotive industry.
RESTRAINTS:
Advanced micro-level technical expertise is required for the development of MLCCs.
OPPORTUNITIES:
The Rise of the Internet of Things (IoT)
CHALLENGES:
MLCC miniaturization.
The outbreak and spread of COVID-19 have led to a sharp decline in the global economy due to the closure of production facilities in 2020. It has hampered the growth of the MLCC market due to delays in the deployment of 5G channels, production/ introduction of new equipment. EVs, and the development of connected vehicles. COVID-19 also led to delays in the procurement of goods and services in 2021. However, increasing demand for MLCCs in the electronics and telecommunications industry has reduced the negative effects of the epidemic on MLCC market growth by the end of 2020. and early 2021. The growing demand for electronics such as laptops, smartphones, computers, printers, smart clothing, healthcare items, webcams, and headphones as a result of the implementation of work from home policies around the world exacerbated the demand for MLCCs in the electronics industry. In addition, the increase in internet use has accelerated the need for MLCCs in the telecommunications industry. In view of these factors, it can be concluded that the growth of the global MLCC market has not slowed down but has declined during a period of violence. However, the market is expected to grow steadily in the post-COVID-19 period.
The average portion of capacitor was high valued. This is due to the growing demand for standard capacitors in systems such as DC-DC converters, mobile phones, gaming machines, memory modules, LCDs and televisions. Additionally, standard capacitors help to remove noise from electrical circuits and their small size allows for easy installation in electrical devices. The same MLCC members use synthetic technology where different capacitor elements are integrated into a single monolithic structure. These capacitors promote increased efficiency, save higher costs, and reduced storage costs. They are used in applications such as game consoles, LCD modules, computers, automotive, and communications.
Increased exports of multilayer ceramic capacitor vehicles to vehicles, such as powertrain, car frames, and infotainment devices, are expected to emerge as a key market driver. The practice has encouraged a number of manufacturers to develop MLCCs that cater for automotive applications, including a wide range of power options, charge sizes, and volume prices. MLCCs are also increasingly being adopted in electric vehicles as they are able to withstand normal temperature control circuits in such vehicles. MLCCs are also increasingly being used in the communications, military, medical, and industrial sectors. They are used in tools such as military communication systems, laser, telecom channels, and high-frequency RF applications due to advantages such as easy mounting on circuit boards, greater integration efficiency, and shorter circuit tracks with lower inductance.
Asia Pacific led with a market high capitalization. This region is an important manufacturing hub for electrical equipment. The emergence of MLCC producers from various countries such as Japan, South Korea, Taiwan, and India is expected to further regional growth in the coming years. Asia Pacific is expected to emerge as the fastest growing region in the forecast period, due to increased demand for end-of-life industries due to increased MLCC levels and slower capacitance. In addition, MLCC regional manufacturers are focused on adopting advanced technologies to be able to withstand higher competition. The growing demand for consumer electronics in developing countries such as China and India are expected to further the regional use of more ceramic capacitors.
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The key players in Global Multilayer Ceramic Capacitor Market are Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 11.32 Billion |
Market Size by 2032 | USD 18.771 Billion |
CAGR | CAGR of 5.78% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by type (General Capacitor, Array, Serial Construction, Mega Cap, Others) • by Voltage Range (Low-Range (Up to 50V), Mid-Range (100V to 630V), High-Range (1000V & above)) • by Dielectric type (X7R, X5R, C0G, Y5V, Others) • by End-User (Automotive, Industrial, Telecommunication, Data Transmission, Others, Consumer Electronics, Manufacturing, Healthcare) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other. |
Key Drivers | • Increasing demand from the automotive industry. |
Restraints | • Advanced micro-level technical expertise is required for the development of MLCCs. |
The Multilayer Ceramic Capacitor Market size was valued at 11.32 billion in 2023 at a CAGR of 5.78%.
Advanced micro-level technical expertise is required for the development of MLCCs is limiting the Multilayer Ceramic Capacitor Market's expansion.
The key players in Global Multilayer Ceramic Capacitor Market are Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Multilayer Ceramic Capacitor Market Segmentation, by type
8.1Introduction
8.2 General Capacitor
8.3 Array
8.4 Serial Construction
8.5 Mega Cap
8.6 Others
9. Global Multilayer Ceramic Capacitor Market Segmentation, by voltage Range
9.1 Introduction
9.2 Low Range (Up to 50V)
9.3 Mid Range (100V to 630V)
9.4 High Range (1000V & above)
9.5 Other
10. Global Multilayer Ceramic Capacitor Market Segmentation, By Dielectric Type
10.1 Introduction
10.2 X7R
10.3 X5R
10.4 C0G
10.5 Y5V
10.6 Others
11. Global Multilayer Ceramic Capacitor Market Segmentation, By End-User
11.1 Introduction
11.2 Automotive
11.3 Industrial
11.4 Telecommunication
11.5 Data Transmission
11.6 Others
11.7 Consumer Electronics
11.8 Manufacturing
11.9 Healthcare
11.10 Other.
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 YAGEO Corporation
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Darfon Electronics Corp.
13.3 KEMET
13.4 KYOCERA Corporation
13.5 Murata Manufacturing Co., Ltd.
13.6 SAMSUNG ELECTRO-MECHANICS
13.7 TAIYO YUDEN CO., LTD.
13.8 TDK U.S.A. Corporation
13.9 Vishay Intertechnology
13.10 Walsin Technology Corporation
13.11 Other
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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BY TYPE
General Capacitor
Array
Serial Construction
Mega Cap
Others
BY VOLTAGE RANGE
Low Range (Up to 50V)
Mid Range (100V to 630V)
High Range (1000V & above)
BY DIELECTRIC TYPE
X7R
X5R
C0G
Y5V
Others
BY END-USER
Automotive
Industrial
Telecommunication
Data Transmission
Consumer Electronics
Manufacturing
Healthcare
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
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Product Analysis
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Geographic Analysis
Additional countries in any of the regions
Company Information
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