The market crossed US$ 13 billion mark in 2022 and is expected to hit US$ 20 billion by 2030, recording a CAGR of 6% during the forecast period.
The Multilayer Ceramic Capacitor Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Multilayer Ceramic Capacitor market growth.
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Key Players:
- KEMET Corporation
- KYOCERA Corporation
- Murata Manufacturing Co., Ltd.
- SAMSUNG ELECTRO-MECHANICS
- TAIYO YUDEN CO., LTD.
Recent strategic developments in multilayer ceramic capacitor market
The multilayer ceramic capacitor market has undergone several significant developments, and a few of these have been mentioned below:
- In September 2020, TDK Corporation developed new products in its CGA series of multilayer ceramic capacitors (MLCC) for automotive applications. The new CGA series achieves smaller sizes and higher capacitance than the company’s conventional products, allowing a reduction in the number of MLCC components, and enabling space-saving designs.
- In May 2021, Murata Manufacturing Co., Ltd. has developed the GCM21BC71E106ME36 multilayer ceramic capacitor which has a maximum capacitance of 10uF with a 2012M size and 25V rating for 12V line smoothing applications in automobiles.
The multilayer ceramic capacitor market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. KEMET Corporation; KYOCERA Corporation; Murata Manufacturing Co., Ltd.; SAMSUNG ELECTRO-MECHANICS; and TAIYO YUDEN CO., LTD. are among the prominent players operating in the market.
In this report, the market has been segmented on the basis of:
- Type
- Class 1
- Class 2
- Application
- Electronic
- Automotive
- Healthcare
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Multilayer ceramic capacitor market has been significantly growing with the higher adoption of these multilayer ceramic capacitors in various industries.
The major factor driving the multilayer ceramic capacitor market growth is growing demand from the automotive industry due to advent of electric vehicles. In addition, an increasing demand form the telecommunications industry and rising use of multilayer ceramic capacitors in smartphones, smart wearables, and various other electronic devices is driving the market growth. Further, players operating in the market are focusing on extending the product range and serve the growing range of applications. The automotive segment is expected to held the significant share of the market during the forecast period. Further, other segments such as electronics and healthcare are also expected to gain traction during the forecasted year.
Within the report, the market is segmented into type, application, and geography. By type, the market is further segmented into class 1 and class 2. On the basis of application, the market is segmented into electronics, automotive, healthcare, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Companies Profiled in this report includes:
The report offers in-depth assessment of the growth and other aspects of the Multilayer Ceramic Capacitor market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Multilayer Ceramic Capacitor Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
Major Key Points of Multilayer Ceramic Capacitor Market
- Multilayer Ceramic Capacitor Market Overview
- Multilayer Ceramic Capacitor Market Competition
- Multilayer Ceramic Capacitor Market, Revenue and Price Trend
- Multilayer Ceramic Capacitor Market Analysis by Application
- Company Profiles and Key Figures in Multilayer Ceramic Capacitor Market
- Market Dynamics
- Methodology and Data Source
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Multilayer Ceramic Capacitor market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
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