Dublin, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The "Global Multi-layer Ceramic Capacitor Market Size, Share & Trends Analysis, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global multi-layer ceramic capacitor (MLCC) market is expected to burgeon to a size of USD 16.77 billion by 2030, propelled by a Compound Annual Growth Rate (CAGR) of 5.6% throughout the forecast period. This industry analysis report has delved into the intricate dynamics and trends shaping this market's trajectory.
In light of the intensifying integration of MLCCs into various technological applications, ranging from electronics to the automotive sector, there is a notable surge in demand, attributed to the high resistance and prominent frequency characteristics of these capacitors. The prevailing push towards miniaturization and multi-functional capabilities in electronic devices, paired with their high-frequency convergence, is intensifying the necessity for constant innovation in the MLCC space.
According to the detailed segment forecasts within the report, the general capacitor category has clinched the largest revenue share, with a significant 31% as of the previous year, making it a noteworthy segment to watch. This success is grounded in the broad applicability of general capacitors across industries, revered for their noise cancellation in electric circuits, temporary charge storage, substantial capacitance, and steadfast reliability thanks to a monolithic structure.
Key Market Segments and Regional Insights
- The electronics segment stands as a formidable contender, projected to spearhead the MLCC market in the forthcoming period. This is propelled by the unquenchable thirst for consumer electronics spanning smartphones to computers, which in turn, amplifies the demand for MLCCs.
- From the dielectric landscape, the Y5V segment is anticipated to register a noteworthy CAGR of 6.2%, marking it as an area ripe for opportunities.
- Geographically, the Asia-Pacific region secures its supremacy while also emerging as the fastest-growing segment in the wholesale MLCC market. Economic growth tied with the technological leapfrogging and production boosts in burgeoning markets like China, Taiwan, and India are key drivers for this uptrend, closely tethered to the flourishing electronics, automotive, and telecommunications sectors within these economies.
The comprehensive analysis encapsulated in the report offers a granular insight into MLCCs' evolving landscape, touching upon crucial aspects that include type, rated voltage range, case size, dielectric type, and end-use sectors. Deep-diving into the variegated applications and their respective market performance, the report presents an integrated approach to understanding the currents and undercurrents influencing market directions.
The intelligence contained within the market analysis is poised to serve as an essential tool for stakeholders and decision-makers striving to navigate the complex terrain of the MLCC market. With a forecast horizon stretching to 2030, it delineates the rhythmic market fluctuations and emerging trends, equipping industry players with the knowledge to strategize and capitalize on the anticipated growth areas.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 145 |
| Forecast Period | 2022-2030 |
| Estimated Market Value (USD) in 2022 | $10.9 Billion |
| Forecasted Market Value (USD) by 2030 | $16.77 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Companies Mentioned
- Murata Manufacturing Co. Ltd.
- TAIYO YUDEN CO. LTD.
- KYOCERA Corporation
- YAGEO Group
- Walsin Technology Corporation
- SAMSUNG ELECTRO-MECHANICS
- Future Electronics
- TDK Corporation
- Vishay Intertechnology, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/8201my
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