Global Multi-layer Ceramic Capacitor Market Size To Worth USD 19.92 Billion by 2033: Market Statistics Report

Global Multi-layer Ceramic Capacitor Market Size To Worth USD 19.92 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Multi-layer Ceramic Capacitor Market Size is Expected to Grow from USD 11.52 Billion in 2023 to USD 19.92 Billion by 2033, at a CAGR of 5.63% during the forecast period 2023-2033. 

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Multi-layer Ceramic Capacitor Market Size, Share, and COVID-19 Impact Analysis, By Type (General Capacitor, Array, Serial Construction, Mega Cap, and Others), By End-Use (Electronics, Automotive, Industrial, Telecommunication, Data Transmission, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.        

The multi-layer ceramic capacitor market is the production, distribution, and use of capacitors made from alternating layers of ceramic and metal electrodes. These components are widely used in consumer electronics, automotive, telecommunications, aerospace, and industrial equipment because of their compact size, high capacitance, and reliability. MLCCs are critical in stabilizing power supply, suppressing electromagnetic interference, and ensuring efficient circuit operation. The market is driven mainly by increased demand for compact and energy-efficient electronic devices, growing adoption of electric vehicles (EVs), and expansion of 5G infrastructure. The rapid growth of IoT devices, wearables, and smart home products is also accelerating the demand for MLCCs. The automotive industry also has high-demand applications of EVs and ADAS, making MLCC adoption more pronounced at high-temperature stability and ruggedness. However, a few major hurdles for the industry are supply chain disruptions, higher raw material prices, and increasing complexity in making advanced MLCCs with more capacitance.

The general capacitor segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the multi-layer ceramic capacitor market is classified into general capacitor, array, serial construction, mega cap, and others. Among these, the general capacitor segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This growth is driven by the increasing demand for high-capacitance MLCCs in various applications, including consumer electronics and automotive sectors. The general capacitor segment's dominance is attributed to its widespread use in numerous electronic devices, while the mega-cap segment's anticipated growth reflects the industry's shift towards components that support advanced functionalities in modern electronics.

The electronics segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.    

Based on the end-use, the multi-layer ceramic capacitor market is divided into electronics, automotive, industrial, telecommunication, data transmission, and others. Among these, the electronics segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This is all driven by the proliferation of smartphones, tablets, laptops, wearable devices, and other consumer electronics. MLCCs are used as essential components in electronic devices for functions such as decoupling, filtering, and energy storage.

Asia-Pacific is estimated to hold the largest multi-layer ceramic capacitor market share over the forecast period.

Asia-Pacific is estimated to hold the largest multi-layer ceramic capacitor market share over the forecast period. With the swift industrial growth and urban development, there has been an increase in the demand for electronic products from sectors like consumer electronics, automotive, telecommunication, and industrial machinery.

North America is predicted to have the fastest CAGR growth in the multi-layer ceramic capacitor market over the forecast period. This growth is driven by the increasing adoption of advanced electronic systems in automotive applications, the expansion of the consumer electronics sector, and the integration of Internet of Things (IoT) devices. The presence of key industry players and technological advancements further contribute to the region's market expansion.

Company Profiling

Major key players in the multi-layer ceramic capacitor market are Murata Manufacturing Co., Ltd., TAIYO YUDEN CO., LTD., KYOCERA Corporation, YAGEO Group, Walsin Technology Corporation, SAMSUNG ELECTRO-MECHANICS, Future Electronics, TDK Corporation, Vishay Intertechnology, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In May 2023, Avatech announced a major investment of 101.8 billion won in the Gumi 5 National Industrial Complex Hi-Tech Valley to expand its MLCC manufacturing plant. The expansion is scheduled to be completed by 2024. Avatech recently signed a memorandum of understanding with North Gyeongsang Province and Gumi City, reinforcing the investment agreement. Avatech aims to strengthen its global supply chain through this investment and meet the growing demand for MLCCs in different industries. The expansion is expected to help the company grow and become a significant player in the market.

Market Segment

This study forecasts global, regional, and country revenue from 2023 to 2033. Spherical Insights has segmented the multi-layer ceramic capacitor market based on the below-mentioned segments:

Global Multi-layer Ceramic Capacitor Market, By Type

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

Global Multi-layer Ceramic Capacitor Market, By End-Use

• Electronics
• Automotive
• Industrial
• Telecommunication
• Data Transmission
• Others

Global Multi-layer Ceramic Capacitor Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa