Multi-Layer Ceramic Capacitor Market To Generate Revenue Worth $34.6 Billion by 2030.

The global multi-layer ceramic capacitor market size will advance at a CAGR of 12.3% during 2021–2030, to reach $34.6 billion by 2030. This can be attributed to the significant growth in the electronics and automotive industries, rapid digitization, and the introduction of technologies such as IoT, cloud, and AI, across the world.

Due to the Ease of Use, the Market for Y5V Dielectric Type Is Increasing

Y5V dielectric type held a significant share in the market, accounting for around 16.4%, in 2021. This is mostly due to its tiny size, broad capacitance, ease of handling, simpler inventory control, recyclable nature, and availability for both vapor and wave soldering. These dielectric capacitors are also commonly employed in temperature-limited decoupling applications. Therefore, the aforementioned factors are propelling the multi-layer ceramic capacitor market growth in this category.

Furthermore, the market for C0G dielectric type is expected to witness significant growth in the coming years. This can be because C0G MLCCs have higher voltage ratings for the same capacitance inside the same case size and the presence of a large number of manufacturers of C0G MLCCs, such as Murata (Japan), TAIYO YUDEN (Japan), Samsung Electro-Mechanics (South Korea), and YAGEO (Taiwan).

For instance, KEMET, a YAGEO (Taiwan) subsidiary, provides the CBR series of surface-mount MLCCs in C0G dielectric configuration with a robust and exceptionally stable base metal electrode dielectric system that achieves excellent low loss performance. Because of their exceptionally low equivalent series resistance and outstanding self-resonance properties, these capacitors are appropriate for resonant circuit applications or applications requiring quality factor and capacitance stability. Moreover, C0G MLCCs are suitable for a wide range of applications, including automation equipment, safety devices, smart meters, smart home appliances, remote power management systems, power supply devices, cellular base stations, smartphones, laptops, servers and UPS devices, chargers and adapters, motherboards, and multimedia devices.

Tremendous Growth in the APAC Market

The APAC region led the market in 2021, with a value of $5.1 billion, which is expected to reach $15.3 billion by 2030, advancing at the highest CAGR of 13.0% during the forecast period. This is due to the fast adoption of MLCC-based electronic components and renewable energy products in end-use industries, as a result of the rising MLCC capacitance levels and miniaturization of capacitors.

Players in the market have been involved in several strategic developments, such as product launches, collaborations, and joint ventures, to remain competitive. For instance, in July 2021, YAGEO (Taiwan) and Hon Hai Technology Group (Taiwan) announced the formation of XSemi Corporation (XSemi). The new joint venture's purpose is to expand activities into the semiconductor sector, including product development and sales.

Some of the major players operating in the multi-layer ceramic capacitor market include Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co., Ltd, Taiyo Yuden Co. Ltd., Kyocera Corporation, Yageo Corporation, Walsin Technology Corporation, Eyang Technology Development Co. Ltd., KEMET Corporation, Knowles Capacitors, and API Technologies Corp.