Multilayer Ceramic Capacitor Market 2024 - By Industry Share, Growth Analysis, Technological Innovations, Opportunities, New Business Strategies And Forecast To 2033
Overview and Scope
A multilayer ceramic capacitor is
a type of surface-mounted device that provides low capacitance and is employed
in a variety of electronic devices for the essential noise-suppression
function. The many ceramic layers and conductive electrodes stacked one on top
of the other make up the multilayer ceramic capacitor (MLCC).
Sizing and Forecast
The multilayer ceramic capacitor
market size has grown strongly in recent years. It will grow from $10.36
billion in 2023 to $11.27 billion in 2024 at a compound annual growth rate
(CAGR) of 8.8%. The growth in the historic period can be
attributed to electronics demand, miniaturization in electronics, advancements
in consumer electronics, industrial automation, renewable energy adoption,
medical device advancements.
The multilayer ceramic capacitor
market size is expected to see strong growth in the next few years. It will
grow to $15.6 billion in 2028 at a compound annual growth rate (CAGR) of
8.5%. The growth in the forecast period
can be attributed to electronics market growth, automotive electrification,
rise in iot devices, growing consumer electronics demand. Major trends in the
forecast period include global economic trends, market competition, supply
chain dynamics, environmental regulations, advancements in aerospace
electronics.
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Segmentation & Regional
Insights
The multilayer ceramic capacitor
market covered in this report is segmented –
1) By Equipment Type: Class
1, Class 2
2) By Rated Voltage Range:
Low Range (Up To 50V), Mid Range (100V To 630V), High Range (1000V And Above)
3) By Application: Consumer
Electronics, Automotive, Manufacturing, Healthcare, Other Applications
Top Major Players
Murata Manufacturing Co. Ltd.
Samsung Electro-Mechanics Co. Ltd.
Taiyo Yuden Co. Ltd.
Yageo Group
Walsin Technology Corporation
Europe was the largest region in
the multilayer ceramic capacitor market in 2023. Asia-Pacific is expected to be
the fastest-growing region in the forecast period. The regions covered in the
multilayer ceramic capacitor market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market
Growth
Growing demand from the automotive
industry due to the advent of electric vehicles (EVs) is expected to propel the
growth of the multilayer ceramic capacitors market going forward. Electric
vehicles are vehicles that consist of a motor that is powered through
electricity stored in batteries. It operates on electric motors and charges its
batteries with electricity rather than utilizing fossil fuels like gasoline or
diesel. The production and sale of EVs increase, there will be a huge demand
created for multilayer ceramic capacitors as they are an integral part of EVs
due to essential functions and small-value capacitances. For instance,
according to May 2022 published, Global EV Outlook 2022 report, electric
vehicle (EV) sales had doubled from the previous year in 2021, reaching a new
high of 6.6 million. Additionally, the sales of electric car vehicles worldwide
in 2021 have reached 6600000 units from 2980000 units. Therefore, the growing
demand from the automotive industry due to the advent of EVs will fuel the
growth of the multilayer ceramic capacitors market.
Key Industry Players
Major companies operating in the
multilayer ceramic capacitor market report are Murata Manufacturing Co. Ltd.,
Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., Yageo Group, Walsin
Technology Corporation, Kyocera Corporation, TDK Corporation, Vishay
Intertechnology Inc., Samwha Capacitor Co. Ltd., Nippon Chemi-Con Corporation,
Darfon Electronics Corp., MARUWA Co. Ltd., Johanson Dielectrics Inc., Knowles
Corp., API Technologies Corp., AVX Corporation, Ceramic Substrates &
Components Ltd., Chaozhou Three-Circle (Group) Co. Ltd., Chilisin Electronics Corp., Dearborn
Electronics Pvt. Ltd., Delta Electronics Inc., Exxelia Alcon Electronics Pvt
Ltd., Faratronic Co. Ltd., Holy Stone
Enterprise Co. Ltd., KEMET Corporation,
KOA Corporation, NIC Components Corp., Novacap Investments Inc., Presidio
Components Inc., RFMW Ltd.
The multilayer ceramic
capacitor market report table of contents includes:
1. Executive Summary
2. Multilayer Ceramic Capacitor
Market Characteristics
3. Multilayer Ceramic Capacitor
Market Trends And Strategies
4. Multilayer Ceramic Capacitor
Market - Macro Economic Scenario
5. Global Multilayer Ceramic
Capacitor Market Size and Growth
.............................
31. Global Multilayer Ceramic
Capacitor Market Competitive Benchmarking
32. Global Multilayer Ceramic
Capacitor Market Competitive Dashboard
33. Key Mergers And Acquisitions
In The Multilayer Ceramic Capacitor Market
34. Multilayer Ceramic Capacitor
Market Future Outlook and Potential Analysis
35. Appendix
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