Market Research Future published a research report on “Multilayer Ceramic Capacitor (MLCC) Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Overview
According to Market Research Future (MRFR), the global multilayer ceramic capacitor (MLCC) market had a valuation of USD 5,624.2 million in 2018 and is expected to reach USD 8,067.2 million with a CAGR of 6.38% from 2017 to 2023 (forecast period).Market A capacitor is a device that temporarily stores an electric charge. Multilayer ceramic capacitor (MLCC) is a sandwich structure having numerous ceramic inner electrodes attached separated by thin insulation in between them. It is used in electronic devices like gaming PCs, mobile phones, video cameras, and others. With the introduction of new designs, the market has gained a decent pace due to enhanced properties like improved filtering, capacitance, decoupling capabilities, and others.
In the earlies stages, the capacitors were not used in LED lighting due to flickering and noise problems, but as the technology advanced, the MLCCs are now used for smoothening the functioning of LEDs. The electronic vehicle segments are growing at tremendous rates. The authorities are also emphasizing on the development and adoption of these vehicles, which has increased the usage of MLCCs and is growing at an accelerated pace.
To unfold the new aspects of this technology, the companies have made hefty investments in the research & development programs, which has imposed an extra load on the market players but will ensure the successful run in the future aspects. High demands and lack of supply have come up as the major speed breakers for this market and have slowed down this global pace. The global multilayer ceramic capacitor report will help gain a better overview of the market in terms of major factors like opportunities, competitions, drivers & restraints, etc. During the survey, the global Multilayer Ceramic Capacitor Market is projected to grow at an annual 07 % rate.
Market Division
The global multilayer ceramic capacitor market is a vast field and is segmented as follows:
The global MLCC market is characterized as class I and class II in terms of product types.
Automotive, healthcare, electronics, and others in terms of end-users characterize the global MLCC market.
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Regional Classification
Demands for Multilayer ceramic capacitors are at a high rise because of factors like rapidly increasing digitalization and high demands from end-users. The North American, European, Asia Pacific, and the rest of the world markets are observed to understand the global market structure. In the present era, the Asia Pacific region is leading the market. It will be the fastest-growing market because of factors like rapid digitalization, developing infrastructures, rise in research & development procedures, increasing disposable incomes, and others. The North American market is the second-largest market, and Europe stands in third place, and both of these markets are also showing considerable growth rates.
Key Players
The industry giants in the multilayer ceramic capacitor industry include Murata Manufacturing Co., Ltd. (Japan), AVX Corporation (US), Samsung Electro-Mechanics (South Korea), TDK Corporation (Japan), API Technologies Corp. (US), YAGEO Corporation (Taiwan), Würth Elektronik GmbH & Co. KG (Germany), Taiyo Yuden Co. Ltd. (Japan), Walsin Technology Corporation (Taiwan), KEMET (US), SAMWHA ELECTRIC (South Korea), Vishay Intertechnology (US), NIC Components Corp. (US), Darfon Electronics Corp. (Taiwan), and MARUWA CO., LTD. (Japan). These players contribute a large share in the growth of multilayer ceramic capacitor market.
Apart from the major key players, there are other players that contribute to the market growth. These include Fenghua Advanced Technology (China), Chaozhou Three-Circle (China), Kyocera (Japan), and Eyang Technology Development Co., Ltd (China).
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Table of Content
Report Overview
Multilayer ceramic capacitor (MLCC) Market Trends and Competitive Landscapes
Segmentation of Market by Type
Segmentation of Multilayer ceramic capacitor (MLCC) Market by End-Users
Market Analysis by Major Regions
Product Commodity of Multilayer ceramic capacitor (MLCC) Market in Major Countries
North America - Landscapes Analysis
Europe- Landscapes Analysis
Asia Pacific -Landscapes Analysis
Latin America, Middle East & Africa -Landscapes Analysis
Major Players Profile
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