The global multilayer ceramic capacitor market is projected to reach $11.5 billion by 2028, at a CAGR of 19% during 2023-2028. The growth of multilayer ceramic capacitor market is driven by increasing demand for consumer electronic products, growing demand for premium smartphones, and increasing production of electric vehicles. Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the multilayer ceramic capacitor market by end use industry (computers, telecom, consumer electronics, automotive, and industrial & others), class (class 1, class 2, and others), voltage (low voltage and high voltage), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the multilayer ceramic capacitor market?
Q.4 What are some changing demands of customers in the multilayer ceramic capacitor market?
Q.5 What are the new developments in the multilayer ceramic capacitor market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this multilayer ceramic capacitor area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this multilayer ceramic capacitor market?
Based on voltage, the multilayer ceramic capacitor market is segmented into low voltage and high voltage. The low voltage segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to their wide application area and growing demand in the consumer electronics market.
Asia Pacific is expected to remain the largest market by value and volume. It is also expected to witness the highest growth over the forecast period due to the increasing electronic content in automotive and growth in consumer electronic devices & telecommunication products. Increasing use of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for MLCC in this region.
Key Players in the multilayer ceramic capacitor market are Murata, Samsung Electro-Mechanics, TDK Corporation, Kyocera, Taiyo Yuden, Yageo Corporation, Vishay Intertechnology, Darfon Electronics, and Johanson Dielectrics.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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