What is the global market size of Multi-Layer Ceramic Capacitor Market?

Multi-Layer Ceramic Capacitor Market size was valued at USD 14.00 billion in 2022 and is poised to grow from USD 15.93 billion in 2023 to USD 44.81 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

Who are the key vendors in the Global Multi-Layer Ceramic Capacitor Market?

The Multi-Layer Ceramic Capacitor Market is moderately competitive and consists of some influential players. These players with a noticeable share in the market are concentrating on expanding their customer base across foreign countries. They are leveraging strategic collaborative actions to improve their market percentage and enhance their profitability. 'Murata Manufacturing Co. Ltd.', 'Samsung Electro-Mechanics Co. Ltd.', 'TDK Corporation', 'KYOCERA Corporation', 'Taiyo Yuden Co. Ltd.', 'Walsin Technology Corporation', 'YAGEO Corporation', 'Vishay Intertechnology Inc.', 'KEMET Corporation', 'AVX Corporation', 'Darfon Electronics Corporation', 'Fenghua Advanced Technology Holding Co. Ltd.', 'Holy Stone Holdings Co. Ltd.', 'Chaozhou Three-Circle (Group) Co. Ltd.', 'Johanson Dielectrics Inc.', 'Token Electronics Industry Co. Ltd.', 'Sangdest Microelectronic (Nanjing) Co. Ltd.', 'SAMSUNG Electro-Mechanics Deutschland GmbH', 'Inner Mongolia Yuanxing Electronic Co. Ltd.', 'Eyang Holdings Group Co. Ltd.'

Multi-Layer Ceramic Capacitor Market Worldwide

Multi-Layer Ceramic Capacitor Market Regional Insights

Asia Pacific registered a growth of USD 3.7 billion in 2021 this is due to be a key manufacturing hub for electronic devices. Asia Pacific is expected to hold the largest share in the MULTI-LAYER CERAMIC CAPACITOR market during the forecast period. China's EV market alone grew by 155% from 2020 to 2021, according to the Electric Vehicle World Sale Database (ev-volumes.com). The number of MULTI-LAYER CERAMIC CAPACITORs used per vehicle in the Asia Pacific The number is also expected to increase at a higher rate. The commercial deployment of 5G communication technology has increased the demand for high performance and high reliability MULTI-LAYER CERAMIC CAPACITORs. A second wave of 5G network deployments has begun in the Asia-Pacific region, with significant 5G-related activity taking place in a number of new markets such as India, Indonesia and Malaysia. According to the Global System for Mobile Communications Association (GSMA), there will be about 456 million 5G subscribers by 2025, 14% of the total subscribers in the region.

The European market is expected to account for a large share of global market sales due to the strong presence of automakers in the region. MULTI-LAYER CERAMIC CAPACITORs are widely used in the automotive industry due to their wide range of working voltages, capacitance values and case sizes. A number of his MULTI-LAYER CERAMIC CAPACITOR manufacturers have developed and manufactured his MULTI-LAYER CERAMIC CAPACITORs for automotive applications, thereby promoting their acceptance in automotive MULTI-LAYER CERAMIC CAPACITORs.

FAQs

Global Multi-Layer Ceramic Capacitor Market size was valued at USD 14.1 billion in 2023 and is poised to grow from USD 14.96 billion in 2024 to USD 24.02 billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

The Multi-Layer Ceramic Capacitor Market is moderately competitive and consists of some influential players. These players with a noticeable share in the market are concentrating on expanding their customer base across foreign countries. They are leveraging strategic collaborative actions to improve their market percentage and enhance their profitability. 'Murata (Japan) ', 'Samsung Electro-Mechanics (South Korea) ', 'Taiyo Yuden (Japan) ', 'Yageo (Taiwan) ', 'Walsin Technology (Taiwan) ', 'Kyocera (Japan) ', 'TDK (Japan) ', 'Vishay Intertechnology (US) ', 'Nippon Chemi-Con (Japan) ', 'Darfon Electronics (Taiwan) ', 'Samwha Capacitor Group (South Korea) ', 'Maruwa (Japan) ', 'Holy Stone Enterprise (Taiwan) ', 'Eyang Technology Development (China) ', 'Fujian Torch Electron Technology (China) ', 'Knowles (US) ', 'Würth Elektronik Group (Germany) ', 'NIC Components (US) ', 'Johanson Dielectrics (US) ', 'Exxelia (France) ', 'Viking Tech (Taiwan) ', 'Calramic Technologies (China) ', 'Kingtronics KT (Hong Kong) ', 'Semec (China) ', 'Shanghai Yongming Electronic (YMIN) (China)'

Increased demand from the automotive industry due to the emergence of electric vehicles, the automotive industry is he one of the most important end-users of MULTI-LAYER CERAMIC CAPACITORs. Automotive grade MULTI-LAYER CERAMIC CAPACITORs have gained popularity in recent years and are expected to boost the growth of the overall MULTI-LAYER CERAMIC CAPACITOR market. The increasing use of electronic devices in automobiles, such as engines, powertrains and infotainment systems, is accelerating the demand for multilayer ceramic capacitors. Constant progress in the automotive industry requires smaller components, increased capacity, and improved safety features. Furthermore, self-driving cars, hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and advanced driver assistance systems (ADAS) used in automobiles inherently require his MULTI-LAYER CERAMIC CAPACITOR. In fact, the number of MULTI-LAYER CERAMIC CAPACITORs required for ADAS and EVs is much higher than for gasoline and gasoline vehicles.

As more car models are equipped with advanced assemblies, the number of MULTI-LAYER CERAMIC CAPACITORs used in these vehicles is also expected to increase. MULTI-LAYER CERAMIC CAPACITORs are used in a wide variety of consumer electronics such as drones, wearable electronics, smart TVs, camcorders, printers, computers and laptops. Growing preference for using smart electronics and changes in people's lifestyles are driving the growth of the consumer electronics market in particular, and the growing demand for consumer electronics is reflected in the increasing adoption of MULTI-LAYER CERAMIC CAPACITORs.