According to the recent study the Multilayer Ceramic Capacitor Market is projected to reach an estimated $23 billion by 2028 from $15 billion in 2022 at a CAGR of 7.3% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for consumer electronic products, growing demand for premium smartphones, and increasing production of electric vehicles.
A more than 150–page
report is developed to understand trends, opportunities and forecast in
multilayer ceramic capacitor market by end use industry (computers, telecom,
consumer electronics, automotive, and industrial & others), class (class 1,
class 2, and others), voltage (low voltage and high voltage), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
“Low voltage market is expected to remain the largest segment during
the forecast period.”
Based on voltage, the
multilayer ceramic capacitor market is segmented into low voltage and high
voltage. Lucintel forecasts that the low voltage market is expected to remain
the largest segment due to their wide application area and growing demand in
the consumer electronics market.
“Within the multilayer ceramic capacitor market, the automotive
segment is expected to remain the largest end use industry.”
Based on end use
industry the automotive segment is expected to witness the highest growth over
the forecast period due to growth in electric vehicles and increasing demand
for advanced driver-assistance systems (ADAS) in the automotive industry.
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Multilayer Ceramic Capacitor Market
“Asia pacific will dominate the multilayer ceramic capacitor
market in near future.”
Asia Pacific is expected
to remain the largest market by value and volume. It is also expected to
witness the highest growth over the forecast period due to the increasing
electronic content in automotive and growth in consumer electronic devices
& telecommunication products. Increasing use of electric vehicles due to
growing environmental concerns and regulations is also expected to drive the
demand for MLCC in this region.
Murata, Samsung
Electro-Mechanics, TDK Corporation, Kyocera, Taiyo Yuden, Yageo Corporation,
Vishay Intertechnology, Darfon Electronics, and Johanson Dielectrics are among
the major multilayer ceramic capacitor providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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