Report ID: SQMIG45K2025
Report ID:
SQMIG45K2025 |
Region:
Global |
Published Date: July, 2024
Pages:
215
|
Tables:
124 |
Figures:
77
Global 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).
When small-value capacitances are required, multilayer ceramic capacitors (Multi-layer ceramic capacitor) are typically the capacitor of choice. They are utilised as filters, op-amp circuitry, bypass capacitors, and more. High demand is anticipated in the telecom industry as a result of the introduction of 5G in developing and emerging nations. This has expanded the utilisation of the 6GHz and mm Wave frequency bands as well as features like beamforming, which is what is driving the market for MULTI-LAYER CERAMIC CAPACITORS. Demand for automotive brands is also increasing. Some Multilayer ceramic capacitors in size formats such as 0805, 0603 and 1206 continue to grow due to increased subscriptions to internal combustion engine vehicles.
Likewise, we are seeing a shift in electronic preferences, from consumer electronics to computing. The emergence of IoT, AI, cloud and digitization has pushed manufacturers to focus on this segment. These new technologies offer higher profit margins and smaller unit requirements than consumer products, giving manufacturers an advantage in managing their production lines. One of the challenges facing the semiconductor industry is uncertainty over regulation and related tariffs due to the ongoing trade war between the United States and China. Both governments impose additional tariffs on goods imported from both countries. Large companies such as Kyocera, Samsung Electro-Mechanics and Murata Manufacturing all have factories close to their customers.
US Multi-Layer Ceramic Capacitor Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45K2025