Multi-Layer Ceramic Capacitor (MLCC) Market Overview
The global multi-layer ceramic capacitor market was valued at USD 11.89 billion in 2020 and is expected to reach USD 16.27 billion by 2026 at a CAGR of 4.5% during the period 2021 – 2026. The telecommunications sector holds great potential for the MLCC market, and the manufacturers are banking on the 5G technology to drive the growth of the market. MLCC (Multilayer Ceramic Capacitor) is an SMD (Surface Mounted Device) type capacitor that is used in wide ranges of capacitance. MLCC is paid more attention than other capacitors due to the better frequency characteristics, higher reliability, higher withstanding voltage, and so on.
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Multi-Layer Ceramic Capacitor (MLCC) Market – Geographical Overview
Asia Pacific to witness the fastest growth in the MLCC market
The region is witnessing rapid growth in the application of MLCC based electronic components and renewable energy products across the automotive sector across the region. China is one of the leading manufacturers of multilayer ceramic capacitors, with a strong presence of local companies. Moreover, Chinese MLCC manufacturers have been rapidly increasing for the past few years, while focusing on the supply of consumer electronic products. The growing government regulations in favor of the electric vehicles market, globally, are also fueling the demand for multilayer ceramic capacitors in India.
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Key Highlights of the Multi-Layer Ceramic Capacitor (MLCC) Market
- The multi-layer ceramic capacitor market is competitive and most vendors are increasing their investment in the automotive sector. However, with the advancement in the miniaturization of the electrical components, new players are increasing their market presence thereby expanding their business footprint across the emerging economies.
- Automotive is one of the major segments in the MLCC market. The rising adoption of electric vehicles (EV) and autonomous vehicle technology, government regulations for mandatory (Advanced Driver Assistant System) ADAS systems, and rising adoption of smart technologies for automotive manufacturing are some of the major factors driving the demand for MLCC in the automotive industry.
List of Key Players in the Multi-Layer Ceramic Capacitor (MLCC) Market
- Murata Manufacturing Co. Ltd
- Taiyo Yuden Co. Ltd
- Kyocera Corporation
- Yageo Corporation
- Walsin Technology Corporation
- Samsung Electro-Mechanics Co. Ltd
- Eyang Holdings Group Co. Ltd
- TDK Corporation
- Vishay Intertechnology Inc.
- API Technologies
- Knowles Capacitors
- Wurth Elektronik Group
*List Not Exhaustive
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Mordor Intelligence has segmented the global multilayer ceramic capacitor market on the basis of type, rated voltage range, dielectric type, end-user vertical, and geography:
- Type (Market Size & Forecast (2018-2026) in USD billion)
- General Capacitor
- Array
- Serial Construction
- Mega Cap
- Other Types
- Rated Voltage Range (Market Size & Forecast (2018-2026) in USD billion)
- Low Range
- Mid Range
- High Range
- Dielectric Type (Market Size & Forecast (2018-2026) in USD billion)
- X7R
- X5R
- COG
- Y5V
- Other Dielectric Types
- End-user Vertical (Market Size & Forecast (2018-2026) in USD billion)
- Consumer Electronics
- Smartphones
- Desktop/PCs
- Wearables
- Consumer AV
- Other Consumer Electronics devices
- Automotive
- Low & Medium-end
- High-end
- Ultra High-end (EVs)
- Industrial
- Telecommunication
- Other End-user Verticals
- Geography (Market Size & Forecast (2018-2026) in USD billion)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- Asia-Pacific
- China
- Japan
- India
- Middle East and Africa
- Latin America
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