September 29, 2022 06:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Superior design and material properties of multilayer ceramic capacitors (MLCC) to withstand high voltage, and ability to offer improved frequency performance than other capacitors make them one of the most widely used passive components used in communications, automotive, consumer electronics, military, and other industries. The multilayer ceramic capacitor market is projected to rise at a CAGR of 7.4% during the forecast period from 2022 to 2031.

Statistically, MLCC holds more than 50% of whole capacitor market. High volume market capitalization of MLCC is associated with miniaturization of MLCC technology, and its sustainability for mass production for high-value applications. Stridently, focus of multilayer ceramic capacitor manufacturers for expanding product line is favorable to increase its end-use applications in the upcoming years.

Factors such as miniaturization, increase in computing power, high-speed data communication, energy generation, transmission and storage are expected to drive the demand for next-gen electronics. Significance of replacement of capacitor technology to attain parameter improvements, such as vibration and harsh resistance environment resistance, increase in operating temperature, lower ESL, lower ESR etc. demonstrates improved scope of multilayer ceramic capacitor applications in next-gen electronics.

Furthermore, increasing vehicle production, advancement for electrification of automobiles, and rise in adoption of 5G smartphones is driving innovations in the multiplayer ceramic capacitor manufacturing process for improved products.

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Multilayer Ceramic Capacitor Market – Key Findings of the report

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Multilayer Ceramic Capacitor Market – Growth Drivers

Multilayer Ceramic Capacitor Market – Key Players

Some of the key players operating in the ceramic capacitor market are;

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The multilayer ceramic capacitor market is segmented as follows;

Multilayer Ceramic Capacitor Market – by Dielectric Type

Multilayer Ceramic Capacitor Market – by Capacitance

Multilayer Ceramic Capacitor Market – by Voltage

Multilayer Ceramic Capacitor Market – by Mounting type

Multilayer Ceramic Capacitor Market – by Application

Multilayer Ceramic Capacitor Market – by End-use Industry

Multilayer Ceramic Capacitor Market – by Region

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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.

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