Multilayer Ceramic Capacitor (MLCC) Market Overview:
The ceramic condenser has alternating layers of ceramic and metal. The ceramic material acts as a dielectric. The demand for these ceramic capacitors is increasing, resulting in greater use in almost all electronic devices. It is expected that the growth of new MLCC designs with improved deviation and diversion, and filtering capabilities will increase the use of ceramics. The MLCC design results ensure increasingly thin layer, even less than one micron thick. Thanks to this technological advance, the MLCC are not only smaller in size, but also have a better load capacity based on the greater number of layers. The industry’s trend towards thinner layers creates a more crucial filtration paper for the manufacture of MLCC.
The global multilayer ceramic capacitor market was valued at USD xx billion in 2018 and is expected to reach USD xx billion in 2025, with a compound annual growth rate of xx% from 2018 to 2025.
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Multilayer Ceramic Capacitor (MLCC) Market Drivers and restraints:
The main key factor contributing to the growth of this market is the demand for multi-layer ceramic capacitors in the electronics industry. Demand for MLCC is increasing in the electronics industry as the need for high specification electronic devices is steadily inclining. The major demand is created by computers, televisions, mobile phones and other consumer electronics products. Electronics companies and high-end devices have increased the use of MLCC in these devices. It has also experienced a steady decline in prices with increasing availability by various manufacturers. However, the inherent disadvantage of the ceramic capacitor is that the MLCC contains dielectric material that is immune to physical damage and can break easily.
Multilayer Ceramic Capacitor (MLCC) Market Geographical segmentation:
The different geographic regions of this market include North America, Europe, Asia-Pacific and the rest of the world. The APAC region is the main manufacturing site for electronics companies. The constant demand of MLCC in Asia-Pacific has led to the emergence of manufacturers from several Asian countries such as South Korea, Taiwan and China, who are increasing production with improved technologies. In addition, these Asian companies offer MLCC at a relatively low cost compared to those in other countries.
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Key Players of Multilayer Ceramic Capacitor (MLCC) Market:
Murata Manufacturing Co. Ltd., Taiyo Yuden Co. Ltd., Fenghua Advanced Technology, Murata, Kyocera, Yageo, Walsin Technology Corp., Chaozhou Three-Circle and Samsung Electro-Mechanics Co. are among the leading suppliers of multilayer ceramic capacitors. Samsung Electro-Mechanics and Murata focus on the Chinese market compared to other markets.
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