Multi-layer Ceramic Capacitor Market Revenue to Attain USD 3.79 Bn by 2033

07 Oct 2024

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Table of Content

1. Multi-layer Ceramic Capacitor Market Revenue and Trends 2. Market Overview 3. Market Trends 4. Top Companies in the Multi-layer Ceramic Capacitor Market 5. Regional Insights 6. Market Opportunity and Growth Potential 7. Multi-layer Ceramic Capacitor Market Highlights 8. Multi-layer Ceramic Capacitor Market News

Multi-layer Ceramic Capacitor Market Revenue and Trends

The global multi-layer ceramic capacitor market revenue surpassed USD 11.53 billion in 2023 and is predicted to attain around USD 19.96 billion by 2033, expanding at a CAGR of 5.59% during the forecast period. The benefits of multi-layer ceramic capacitor include industrial applications, 5G connectivity, IoT, the automotive industry, consumer electronics, etc. driving the growth of the market.

Market Overview

The multi-layer ceramic capacitor market refers to buyers and sellers of multi-layer ceramic capacitors, which are made up of alternating layers of metal and ceramics. A multi-layer ceramic capacitor consists of many layers of ceramic material that act as an insulator. It can have electrodes made of precious metals or base metals. These are used in many applications, including RF designs, video, audio, and telecommunications. It helps to store electrical charge between metal electrodes separated by ceramic layers.

Market Trends

• Rising consumer electronic demand: In oscillators, power supplies, and filters multi-layer ceramic capacitors (MLCCs) play an important role in multi-functional and high-performance electronic devices.
• Increasing use of renewable energy: In improving electrical energy storage, MLCCs are used, which helps the growth of the market.

Advanced technologies driving the market

The advanced technologies in the multi-layer ceramic capacitor (MLCCs) play an important role which helping the growth of the multi-layer ceramic capacitor market. These are helpful in the applications of electrical vehicles, televisions, and home appliances. The benefits of advanced technologies include double-digit growth, automotive MLCCs, the barrier to entry, a layer of Tech, for storage and supply, etc. help the growth of the market.

• In July 2024, Murata launched a range of MLCC (Multi-layer Ceramic Capacitors) with the highest capacitance of 0603-inch size with GRM188C80E107M and GRM188R60E107M. Murata’s MLCC is used in a wide range of industrial, consumer, and IT electronic devices.

However, the downsides of the multi-layer ceramic capacitor include temperature dependence/changes that can affect the performance, limited voltage range, supply chain challenges, etc., which can hamper the growth of the multi-layer ceramic capacitor market.

Top Companies in the Multi-layer Ceramic Capacitor Market

• Vishay Intertechnology, Inc.
• TDK Corporation
• Kyocera
• Future Electronics
• SAMSUNG ELECTRO-MECHANICS
• Walsin Technology Corporation
• YAGEO Group
• KYOCERA Corporation
• Murata
• TAIYO YUDEN CO., LTD.
• Murata Manufacturing Co., Ltd.

Recent Development in the Multi-layer Ceramic Capacitor Market by Kyocera

Recent Development in the Multi-layer Ceramic Capacitor Market by Samsung Electro-Mechanics

Regional Insights

Asia Pacific dominated the multi-layer ceramic capacitor market in 2023 and is estimated to be the fastest growing during the forecast period of 2024-2034. Rising consumer electronics demand in countries like China and India is driving the demand for multi-layer ceramic capacitors. In the manufacturing of electronic devices, increased demand for multi-layer ceramic capacitors. Rising urbanization and industrialization are driving the demand for electronic products in many sectors, such as industrial machinery, telecommunications, automotive, consumer electronics, etc. Various countries in the Asia Pacific region are expanding their MLCC manufacturers, contributing to the growth of the market.

• In March 2024, the CGA series of MLCCs (Multi-layer Ceramic Capacitors) to 2.2µF in 2012 size and 4.7µF in 3216 size with the company’s highest capacitance, as 100V products for automotive applications, was expanded by TDK Corporation.

Market Opportunity and Growth Potential

Innovations in materials and energy storage

The innovations in materials and energy storage can be an opportunity for the growth of the multi-layer ceramic capacitor market in the future. Multi-layer ceramic capacitors (MLCC) can find applications in energy storage systems, mainly in regenerative braking systems for renewable energy and electric vehicle solutions. Research is in the process of developing alternative materials that are environmentally friendly as well as high-performing, reducing the reliance on toxic or rare materials.

• In September 2024, Murata expanded the range of MLCCs (Multi-layer Ceramic Capacitors) and launched the claimed world’s first 006003-inch size MLCC. The company’s extensive research into miniaturization shows that this achievement is nearly 75% lower than the existing smallest product, the 008004-inch size.

Multi-layer Ceramic Capacitor Market Highlights

Multi-layer Ceramic Capacitor Market News

• In April 2023, multilayer ceramic capacitance (MLCC) CL32Z227MSV6PN# with 1210 inch 220 µF 2.5 V was launched by Samsung Electro-Mechanics. It is applicable for autonomous driving (AD) and advanced driver assistance systems (ADAS) of automobiles.
• In July 2023, according to the Taiwan media reports, some passive component distributors are optimistic about AI servers to promote the multi-layer ceramic capacitor (MLCC) recovery in the second of the year.
• In March 2024, a new MLCC with capacitance of 10nF, C0G (-55Ì´125°C), and 0603 inch (1.6×0.8mm) for vehicles was launched by Samsung Electro-Mechanics. They developed and started mass production of CL10C103JC81PN#, MLCC (Multi-layer Ceramic Capacitor) for temperature compensation applicable to xEV (PHEV, BEV).
• In September 2024, the automotive grade CA series of its megacap multi-layer ceramic capacitor (MLCC) with a metal frame was extended by TDK Corporation. It is used in highly efficient charging technologies, hybrid- (HEVs), and battery electric vehicles (BEVs).

Market Segmentation

By Type

• General Capacitor
• Array
• Serial Construction
• Mega Cap
• Others

By Rated Voltage Range

• Low Range (up to 50 v)
• Mid Range (100 v - 630 v)
• High Range (1000 v & above)

By Case Size

• Less Than 0603 Inches
• 0603-1206 Inches
• More Than 1206 Inches

By Dielectric Type

• X7R
• X5R
• C0G
• Y5V
• Others

By End-use

• Electronics
• Automotive
• Industrial
• Telecommunication
• Data transmission
• Others

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