Multi-Layer Ceramic Capacitor Market to Hit $18.2 Billion By 2030

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The global multi-layer ceramic capacitor market size is expected to be worth around US$ 18.2 billion by 2030, according to a new report by Vision Research Reports.

The global multi-layer ceramic capacitor market size was valued at US$ 13.5 billion in 2020 and is anticipated to grow at a CAGR of 7.1% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 18.2 billion by 2030
Growth Rate CAGR of 7.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Rated Voltage Range, Dielectric Type, End-Use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Eyang Holdings Group Co., Ltd.; Future Electronics Inc.; Kyocera Corporation; Samsung Electro-Mechanics; Murata Manufacturing Co., Ltd.; Taiyo Yuden Co., Ltd.; TDK Corporation; Vishay Intertechnology, Inc.; Walsin Technology Corporation; and Yageo Corporation

Growth Factors

 The growing demand for MLCCs in various application areas such as consumer electronics, data processing, and telecommunications is driving the MLCC market growth.

MLCCs are multilayered capacitors made of alternating layers of ceramic and metal. These capacitors possess low impedance value at high operating frequencies, thereby making them suitable for use in electronic devices for the function of noise suppression. The increasing demand for MLCCs in high-specification gadgets such as smartphones and tablets is expected to drive the market.

By Type Analysis

The general capacitor segment was valued at USD 2.71 billion in 2020. This is primarily due to the rising requirement of general capacitors in applications such as DC-DC converters, cellular telephones, gaming machines, memory modules, LCDs, and televisions.

MLCC arrays use passive technology where various capacitor elements are integrated into one monolithic structure. These capacitors promote increased throughput, high-cost saving, and reduced placement costs.

By Rated Voltage Range Analysis

High range (1000V & above) voltage MLCC capacitors use multi-layering technologies and advanced ceramic dielectric thin-layers to offer high capacitance and high voltage to electronic devices.

Mid-range (100V to 630V) voltage MLCCs offer features such as good capacitance to volume ratio, low cost, no-polarity, and low leakage, allowing their usage in a variety of electronic devices.

By Dielectric Type Analysis

X7R dielectric features a maximum operating temperature and is considered temperature stable. These types of ceramic dielectric capacitors are suited for frequency discriminating circuits and bypass and decoupling applications. Also, these dielectric MLCCs are used in filtering and transient voltage suppression.

X7R dielectric features a maximum operating temperature and is considered temperature stable. These types of ceramic dielectric capacitors are suited for frequency discriminating circuits and bypass and decoupling applications. Also, these dielectric MLCCs are used in filtering and transient voltage suppression.

By End-Use Analysis

 Increasing deployment of electronic devices that use multilayer ceramic capacitors in automobiles, such as powertrain, vehicle frames, and infotainment devices, is expected to emerge as a key market driver.

MLCCs are also being increasingly used in telecom, military, medical, and industrial equipment sectors. They are used in instruments such as military communications systems, lasers, telecom base stations, and high-frequency RF applications due to benefits such as ease in mounting on circuit boards, greater efficiency of assembly, and shorter circuit tracks with low inductance.

By Regional Analysis

Asia Pacific led with market size of USD 4.18 billion in 2020. The region is a key manufacturing hub for electronic devices. The emergence of MLCC manufacturers from various countries such as Japan, South Korea, Taiwan, and India are expected to drive regional growth in the forthcoming years.

Asia Pacific is also projected to emerge as the fastest-growing region over the forecast period, owing to increasing demand from end-use industries due to increased capacitance levels of MLCC and miniaturization of capacitors.

Key Players

Eyang Holdings Group Co., Ltd.; Future Electronics Inc.; Kyocera Corporation; Samsung Electro-Mechanics; Murata Manufacturing Co., Ltd.; Taiyo Yuden Co., Ltd.; TDK Corporation; Vishay Intertechnology, Inc.; Walsin Technology Corporation; and Yageo Corporation

Market Segmentation

  • Type
    • General Capacitor
    • Array
    • Serial Construction
    • Mega Cap
    • Others
  • Rated Voltage Range
    • Low Range (Up to 50V)
    • Mid Range (100V to 630V)
    • High Range (1000V & above)
  • Dielectric Type
    • X7R
    • X5R
    • C0G
    • Y5V
    • Others
  • End-Use
    • Electronics
    • Automotive
    • Industrial
    • Telecommunication
    • Data Transmission
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • The U.K.
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa (MEA)

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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