How Has the Multilayer Ceramic Capacitor Market Evolved in Recent Years and What is its Future Outlay?
The multilayer ceramic capacitor market size has witnessed significant growth in recent years, escalating from $11.08 billion in 2024 to $11.97 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. This expansion in the historical period can be attributed to increasing demand for electronics, miniaturization of electronic components, advancements in consumer electronics, strides in industrial automation, adoption of renewable energy sources, and progress in medical device technology.
Moreover, the multilayer ceramic capacitor market is projected to demonstrate robust growth in the coming years, with its size expected to reach $16.48 billion in 2029 at a CAGR of 8.3%. The anticipated growth can be attributed to the burgeoning electronics market, the pace of automotive electrification, the rise of IoT devices, and the proliferating demand for consumer electronics.
Free Sample of the Global Multilayer Ceramic Capacitor Market Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8172&type=smp
How Are Electric Vehicles Driving the Multilayer Ceramic Capacitor Market?
The advent and increasing popularity of electric vehicles (EVs) are prominently driving the growth of the multilayer ceramic capacitors market. Given that these capacitors play an integral role in EVs due their essential functions and small-value capacitances, the boom in production and sale of EVs will consequently amplify the demand for multilayer ceramic capacitors. For instance, the Global EV Outlook 2022 report published in May 2022 indicated that EV sales doubled from the previous year in 2021, hitting a new high of 6.6 million. Therefore, the burgeoning automotive industry, driven by the advent of EVs, is set to fuel the growth of the multilayer ceramic capacitors market.
What Are the Key Segments in the Multilayer Ceramic Capacitor Market?
– Equipment Type: Class 1, Class 2
– Rated Voltage Range: Low Range (Up To 50V), Mid Range (100V To 630V), High Range (1000V And Above)
– Application: Consumer Electronics, Automotive, Manufacturing, Healthcare, Other Applications
Quick Delivery of the Global Multilayer Ceramic Capacitor Market Report: https://www.thebusinessresearchcompany.com/report/multilayer-ceramic-capacitor-global-market-report
Which Major Players Are Influencing the Multilayer Ceramic Capacitor Market Landscape?
Major companies influencing the multilayer ceramic capacitor market include Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., Yageo Group, Walsin Technology Corporation, Kyocera Corporation, TDK Corporation, Vishay Intertechnology Inc., Samwha Capacitor Co. Ltd., Darfon Electronics Corp., MARUWA Co. Ltd., Johanson Dielectrics Inc., Knowles Corp., API Technologies Corp., AVX Corporation, Ceramic Substrates & Components Ltd., among others.
What Are the Emerging Trends in the Multilayer Ceramic Capacitor Market?
Technological advancement is an emerging trend gaining momentum in the multilayer ceramic capacitor market. Major companies are incorporating innovative technologies in the manufacture of multilayer ceramic capacitors, such as MLCCs using recyclable polyethylene terephthalate (PET), miniaturization of MLCCs, high-temperature MLCCs, and others to maintain their market position. An example of such advancement is the recycling technology developed by TDK Corporation in January 2022, which repurposes PET films used in the production of MLCCs.
What is the Regional Analysis of the Multilayer Ceramic Capacitor Market?
Europe was the largest region in the multilayer ceramic capacitor market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multilayer ceramic capacitor market report comprise Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Multilayer Ceramic Capacitor Market Report 2025 Offer?
The global multilayer ceramic capacitor market report offers insights into market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. This market includes a multilayer ceramic capacitor that is a type of surface-mounted device providing low capacitance and employed in various electronic devices for noise-suppression function. The multilayer ceramic capacitor (MLCC) is composed of numerous ceramic layers and conductive electrodes stacked one on top of the other.
Get Access to Exclusive Market Insights: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8172
About The Business Research Company
The Business Research Company, with a repository of over 15000+ reports spanning 27 industries and covering 60+ geographies, has garnered a reputation for delivering comprehensive, data-rich research and insights. Endowed with 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, you can secure the information you need to stay ahead.
Our flagship product, the Global Market Model, a premier market intelligence platform, delivers comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model