USD 14 billion
Multilayer Ceramic Chip Capacitors Market Size, Share, Growth Analysis, By Medium used for communication and transmission of data(Wired, wireless, optical and others), By Application(Consumer electronics, automotive, aerospace, defense), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20D2087 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
66
|Figures:
75
Multilayer Ceramic Chip Capacitors Market Insights
Multilayer Ceramic Chip Capacitors Market size was valued at USD 14 billion in 2021 and is poised to grow from USD 15.93 billion in 2022 to USD 44.81 billion by 2030, growing at a CAGR of 13.8% in the forecast period (2023-2030).
Multilayer Ceramic Chip Capacitors (MLCCs) are a type of electronic component used for storing and regulating electrical energy. They are small, rectangular-shaped capacitors made up of alternating layers of ceramic material and conductive metal electrodes. The ceramic material used is typically a type of barium titanate, which has a high dielectric constant and allows for high capacitance values in a small package. MLCCs come in a range of capacitance values, voltage ratings, and sizes, and are used in a variety of electronic devices, such as smartphones, computers, televisions, and automotive electronics. They are popular due to their high reliability, stable performance over time, and low cost. However, they can be susceptible to mechanical stress, such as vibration or thermal shock, which can cause cracking or failure.
The Global Multilayer Ceramic Chip Capacitors Market is expected to continue growing at a significant rate during the forecast period. The market is driven by the increasing demand for electronic components in various applications such as consumer electronics, automotive, industrial, telecommunications, and healthcare. The consumer electronics sector is a major end-user of multilayer ceramic chip capacitors, driven by the increasing demand for smartphones, laptops, tablets, and other electronic devices. The automotive sector is also a significant end-user of these capacitors, driven by the growing adoption of electric vehicles and advanced driver-assistance systems (ADAS). In addition, the industrial sector is expected to witness significant growth during the forecast period, driven by the increasing adoption of automation and smart manufacturing technologies. Similarly, the healthcare sector is also expected to drive growth of the market, driven by the increasing use of medical devices and equipment.
US Multilayer Ceramic Chip Capacitors Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Wireless
Fastest Growth
Wireless
Growth Rate
13.8% CAGR
Global Multilayer Ceramic Chip Capacitors Market 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022(%)
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Multilayer Ceramic Chip Capacitors Market Segmental Analysis
Global Multilayer Ceramic Chip Capacitors Market is segmented on the basis of medium used for communication and transmission of data, application and region. By medium used for communication and transmission of data, the market is segmented into wired, wireless, optical and others. By application, market is segmented into consumer electronics, automotive, aerospace, defense, healthcare, and industrial equipment. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Multilayer Ceramic Chip Capacitors Market Analysis by Medium Used for Communication and Transmission of Data
The largest segment of the global multilayer ceramic chip capacitors market is the wireless segment, which includes capacitors used in wireless communication systems such as Bluetooth, Wi-Fi, and cellular networks. This is due to the increasing demand for wireless connectivity in various electronic devices and the growing adoption of 5G technology.
In terms of the fastest-growing segment, it could be argued that the optical segment may see significant growth in the future due to the increasing adoption of fiber-optic networks for high-speed data transmission. However, other segments such as wired and wireless communication may also see significant growth as the demand for high-speed and reliable communication increases. The growth rate of each segment may vary depending on factors such as technological advancements, government regulations, and market competition.
Multilayer Ceramic Chip Capacitors Market Analysis by Application
The largest segment for multilayer ceramic chip capacitors (MLCCs) is the consumer electronics segment. This is because of the widespread use of MLCCs in smartphones, laptops, and other consumer electronic devices. With the increasing demand for electronic devices, this segment is expected to continue to grow.
The fastest growing segment is the automotive segment. The increasing adoption of advanced driver assistance systems (ADAS) and electric vehicles is driving the demand for MLCCs in automotive applications. Additionally, the growing trend toward vehicle electrification is expected to further boost the demand for MLCCs in this segment. Overall, the automotive segment is expected to be the fastest growing segment for MLCCs in the coming years.
Global Multilayer Ceramic Chip Capacitors Market Size By Medium used for communication and transmission of data 2022(%)
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Multilayer Ceramic Chip Capacitors Market Regional Insights
Asia-Pacific dominated the global multilayer ceramic chip capacitors market and was expected to continue its dominance during the forecast period. The region accounted for the largest share of the market due to the presence of major electronics manufacturers in countries such as China, Japan, South Korea, and Taiwan. China was the largest market for multilayer ceramic chip capacitors in the region, driven by the high demand for consumer electronics and automotive applications. The country is also a major exporter of electronic products, which further contributes to the growth of the market. Japan is another significant market for multilayer ceramic chip capacitors in the region, owing to the presence of major manufacturers such as Murata Manufacturing Co. Ltd, TDK Corporation, and Kyocera Corporation. These companies are continuously investing in research and development to develop new and innovative products that can cater to the evolving needs of the end users. South Korea and Taiwan are also significant markets in the region, driven by the growth of the semiconductor industry and the increasing demand for high-performance electronic components.
North America was a significant region in the global multilayer ceramic chip capacitors market, driven by the growth of the automotive, aerospace, and defense industries. The United States accounted for the largest share of the market in the region due to the high demand for electronic components in various applications such as telecommunications, aerospace, and defense. The country is also a major exporter of electronic products, which further contributes to the growth of the market. Canada and Mexico are also significant markets in the region, driven by the growth of the automotive and industrial sectors. These countries are investing in research and development to develop new and innovative products that can cater to the evolving needs of the end-users.
Global Multilayer Ceramic Chip Capacitors Market Size By Geography, 2022-2030
- Largest
- Fastest
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Multilayer Ceramic Chip Capacitors Market Dynamics
Multilayer Ceramic Chip Capacitors Market Drivers
Growing focus on environmental sustainability
- The growing focus on environmental sustainability is a significant driver of the global multilayer ceramic chip capacitors market. As the world becomes more conscious about the environmental impact of manufacturing processes and materials, the demand for eco-friendly and sustainable products is increasing. Manufacturers are exploring alternatives to lead-based capacitors, which are harmful to the environment and human health. They are shifting towards using environment-friendly materials such as ceramic, glass, and plastic in their production processes. These materials are less toxic and have a lower environmental impact than traditional materials. Moreover, the use of green technologies in manufacturing processes is also gaining traction in the market. Manufacturers are adopting energy-efficient processes that reduce carbon emissions and minimize waste. They are also using renewable energy sources such as solar and wind power to reduce their carbon footprint. In addition to meeting environmental regulations, the adoption of green technologies and materials is also providing manufacturers with a competitive advantage in the market. Many consumers prefer eco-friendly products, and manufacturers that can offer sustainable and environmentally responsible products are likely to gain a competitive edge.
Multilayer Ceramic Chip Capacitors Market Restraints
Price volatility
- Price volatility is a significant restraint that can impact the Global Multilayer Ceramic Chip Capacitors Market. Ceramic chip capacitors are made from a range of raw materials, including ceramic powder, palladium, and silver paste. The prices of these materials can be highly volatile and subject to fluctuation based on market demand, geopolitical events, and other factors. For example, in 2018, the price of palladium, which is a critical raw material used in ceramic chip capacitors, increased by more than 50%, leading to higher production costs for manufacturers. Similarly, the price of ceramic powder can be influenced by factors such as supply and demand imbalances, geopolitical tensions, and natural disasters. The price volatility of these raw materials can make it difficult for manufacturers and distributors to manage their costs and pricing strategies. This is because they may have to deal with sudden price increases, which can make it challenging to maintain their profit margins. Moreover, pricing strategies that are set based on current market prices can quickly become obsolete if there is a sudden price surge in raw materials.
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Multilayer Ceramic Chip Capacitors Market Competitive Landscape
Global Multilayer Ceramic Chip Capacitors Market was highly competitive and dominated by major players. These key players have been expanding their market presence through various strategies such as mergers and acquisitions, partnerships, collaborations, and new product launches. The market players are also investing in research and development to develop new and innovative products that can cater to the evolving needs of the end users.
Multilayer Ceramic Chip Capacitors Market Top Player’s Company Profiles
- Murata Manufacturing Co., Ltd.
- Samsung Electro-Mechanics Co., Ltd.
- TDK Corporation
- Kyocera Corporation
- Taiyo Yuden Co., Ltd.
- Walsin Technology Corporation
- Vishay Intertechnology, Inc.
- KEMET Corporation
- AVX Corporation
- Yageo Corporation
- Panasonic Corporation
- Rohm Co., Ltd.
- Holy Stone Holdings Co., Ltd.
- Darfon Electronics Corporation
- Fenghua Advanced Technology (Holdings) Co., Ltd.
- Chaozhou Three-Circle (Group) Co., Ltd.
- Chilisin Electronics Corp.
- TOKO, Inc.
- Johanson Technology, Inc.
- Nippon Chemi-Con Corporation
Recent Developments
- In January 2022, TDK (Japan) announced that it has developed a groundbreaking recycling system that repurposes PET films used in the production of multilayer ceramic capacitors. By using recycled PET film, CO2 emissions can be reduced by approximately 10% when compared to traditional PET film. In the past, discarded PET films from the MLCC manufacturing process could not be reused without undergoing additional processing due to their specially treated surfaces. Consequently, these films were typically subjected to thermal recycling or incineration. However, TDK's innovative system washes the waste PET film surfaces, converts them into PET plastic pellets, and creates PET films for TORAY Corporation. After undergoing special processing, TDK purchases these films and reuses them in the manufacturing process.
- In February 2022, Sabae Murata Manufacturing Co., Ltd., a manufacturing subsidiary of Murata located in Sabae, Fukui Prefecture, Japan, announced that the construction of a new research and development building will commence with an investment of USD 55.24 million solely for the building. The main focus of the new R&D building will be on developing plating technology that can be used to create electronic components that are smaller, thinner, and lighter. Additionally, it will be used to develop the technology required for the mass production of these components.
Multilayer Ceramic Chip Capacitors Key Market Trends
- The adoption of advanced technologies such as Internet of Things (IoT), artificial intelligence (AI), and 5G networks is having a significant impact on the demand for multilayer ceramic chip capacitors. With the growing number of connected devices and the increasing need for real-time data transmission and processing, there is a greater demand for high-performance capacitors with increased capacitance and higher voltage ratings. Capacitors are essential components in electronic devices as they store and release electrical energy quickly, and these advanced technologies require capacitors with higher capacitance and voltage ratings to meet their power requirements. For instance, IoT devices such as sensors and smart meters require capacitors with high capacitance to store and release energy efficiently. Similarly, AI-based systems need capacitors with high voltage ratings to handle the surge in power demand during data processing. Additionally, the deployment of 5G networks requires capacitors with high capacitance and voltage ratings to ensure reliable and high-speed data transmission. As a result, the demand for multilayer ceramic chip capacitors is expected to grow in the coming years, driven by the increasing adoption of advanced technologies such as IoT, AI, and 5G networks. This trend is expected to benefit the market players that can offer high-performance capacitors with the required capacitance and voltage ratings.
Multilayer Ceramic Chip Capacitors Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Multilayer Ceramic Chip Capacitors Market analysis, the market is driven by the increasing demand for electronic components in various applications such as automotive, consumer electronics, telecommunications, and industrial. The market is highly competitive and dominated by major players. These companies are investing in research and development to develop new and innovative products that can cater to the evolving needs of the end-users. The Asia-Pacific region dominated the market, driven by the presence of major electronics manufacturers in countries such as China, Japan, South Korea, and Taiwan. North America and Europe were also significant regions in the market, driven by the growth of the automotive, aerospace, and defence industries.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 14 billion |
| Market size value in 2031 | USD 44.81 billion |
| Growth Rate | 13.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Multilayer Ceramic Chip Capacitors Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Multilayer Ceramic Chip Capacitors Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Multilayer Ceramic Chip Capacitors Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Multilayer Ceramic Chip Capacitors Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Multilayer Ceramic Chip Capacitors Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Multilayer Ceramic Chip Capacitors Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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