MLCC for 5G Smartphones Market is predicted to reach at a CAGR of 12.90% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global MLCC for 5G Smartphones Market”.


The MLCC for 5G smartphones market is estimated to register a CAGR of 12.90% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global MLCC for 5G smartphones market – Murata, Samsung Electro-Mechanic


Market Highlights


The global MLCC for 5G smartphones market is accounted to register a CAGR of 12.90% during the forecast period and is estimated to reach USD 30.41 billion by 2032.


The market is mainly propelled by the growing smartphone use of 5G technology and the expanding 5G network infrastructure. Higher capacitance and more efficient MLCCs are desperately needed to handle the faster data rates and larger bandwidth needs of 5G smartphones, which have been brought about by the introduction of 5G networks. The need for MLCC for 5G smartphones is also being driven by consumers' growing desire for smooth and continuous connectivity as well as their growing use of internet-enabled apps and services. The overall functionality and power efficiency of cellphones are enhanced by these capacitors.


Segment Analysis


The global MLCC for 5G smartphones market has been segmented into application and type.


On the basis of application, the market is segmented into Android, iOS, HarmonyOS, and Other. The android segment was attributed to holding the largest market share in 2022. Android devices use MLCCs to meet the increased capacitance and high-frequency operation requirements of 5G technology. The need for MLCCs in the 5G smartphone market is being driven by the need for them to provide enhanced functionality and communication standards across all operating systems.


Based on type, the global MLCC for 5G smartphones market has been segmented into 0402M, 0201M, and Other. The 0402M segment was expected to hold the largest market share in 2022. A tiny surface-mount capacitor that measures around 0.04 by 0.02 inches is categorized as 0402M. This tiny form factor is crucial since circuit boards for mobile devices, like 5G smartphones, have limited room. Because of the 0402M MLCCs, manufacturers can use these capacitors in small designs without sacrificing performance as part of the shrinking push.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of MLCC for 5G Smartphones Market Research Report

Regional Analysis


The global MLCC for 5G smartphones market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe MLCC for 5G smartphones market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The MLCC for 5G smartphones market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World MLCC for 5G smartphones market comprises of Middle East, Africa, and Latin America.


The largest market share for MLCC for 5G smartphones was maintained by the North American regional sector. Numerous factors are propelling the market, such as the growing demand from customers for seamless and uninterrupted connectivity, the construction of the 5G network infrastructure, the growing uptake of 5G technology in smartphones, the growing demand for cutting-edge technologies and fast connectivity, and the rising use of internet-enabled services and applications.


Moreover, the Europe market has been persistently growing over the forecast period. The market for 5G smartphones in Europe is anticipated to be driven by the development of MLCC technology, the market's continuous expansion, and consumers' growing desire for smartphones with greater performance.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Asia Pacific is home to several important manufacturing hubs for electronic components, including MLCCs. These include nations like China, Japan, South Korea, and Taiwan. The region's concentration of top electronics and semiconductor producers helps with the manufacturing and supply chain of MLCCs for 5G devices.


Furthermore, the rest of the world's MLCC for 5G smartphones market is divided into the Middle East, Africa, and Latin America. Various factors impact the rest of world’s market for Multi-Layer Ceramic Capacitors (MLCCs) used in 5G devices. Electronic components that can handle the improved features and connectivity needs of 5G-enabled devices are in greater demand as 5G technology spreads throughout the region.


Key Findings of the Study



  • The global MLCC for 5G smartphones market is expected to reach USD 30.41 billion by 2032, at a CAGR of 12.90% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. Numerous significant electronic component production centers, including MLCCs, are located in Asia Pacific.

  • Based on application, the android segment was attributed to holding the largest market in 2022, with an approximate market share of 45%.

  • Murata, Samsung Electro-Mechanic

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