Global MLCC market is expected to reach a staggering market value by 2030: MRFR :

Pune, India, April, 2019, MRFR Press Release/- Market Research Future published a half-cooked research report on the global MLCC market.

Market Highlights


The global multilayer ceramic capacitor (MLCC) market was valued at USD 5,624.2 million in 2018; it is expected to reach USD 23.3 million by the end of the forecast period with a CAGR of 5.30%. The rising need for MLCCs in the consumer and automotive electronics and rapid adoption of IoT across the globe is expected to boost the demand for MLCC market during the forecast period. High capacitance MLCCs are used in IoT devices due to high reliability and long service life. The need for high-performance electronics and electrical devices is creating the demand for capacitors in high end-products.


Segmentation


By type, the market has been segmented into Class I and Class II. The Class I segment has been subdivided into C0G/ NP0, U2J, and others. The Class II segment has been further divided into X7R, X5R, Y5V, Z5U, and others. Under Class I segment, C0G/NP0 contributed to the largest revenue share in 2018 while under Class II segment, X7R dominated the market in 2018.


By application, the multilayer ceramic capacitor market has been segmented into consumer electronics, automotive, manufacturing, healthcare, and others. The consumer electronics segment dominated the multilayer ceramic capacitor market in 2018 and is expected to contribute a large revenue share to the market during the forecast period The healthcare segment will grow at a significant CAGR during the forecast period.

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Key players


The key players profiled in the MLCC market are – Murata Manufacturing Co., Ltd. (Japan), Samsung Electro-Mechanics (South Korea), TDK Corporation (Japan), AVX Corporation (US), API Technologies Corp. (US), Würth Elektronik GmbH & Co. KG (Germany), Taiyo Yuden Co. Ltd. (Japan), YAGEO Corporation (Taiwan), Walsin Technology Corporation (Taiwan), KEMET (US), SAMWHA ELECTRIC (South Korea), Vishay Intertechnology (US), Darfon Electronics Corp. (Taiwan), NIC Components Corp. (US), and MARUWA CO., LTD. (Japan). These players contribute a major share to the growth of the MLCC market. The other prominent companies in the MLCC market include Fenghua Advanced Technology (China), Kyocera (Japan), Chaozhou Three-Circle (China), and Eyang Technology Development Co., Ltd (China) among others.


Regional Analysis


The global market for MLCC is estimated to grow at a significant rate during the forecast period from 2022 to 2030. The geographical analysis of the MLCC market has been done for North America, Europe, Asia-Pacific, and the rest of the world.


Asia-Pacific dominated the market in 2018 and is expected to dominate the MLCC market throughout the forecast period. South Korea, China, Japan, and Taiwan are some of the leading electronics manufacturing countries globally which leads to the increased demand for multilayer ceramic capacitors in this region. China is the largest manufacturer and exporter of consumer electronics and has immense potential for the growth of the MLCC market. North America is also expected to witness huge demand for MLCC technology while Europe is expected to grow at a significant CAGR during the forecast period.


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