The ceramic capacitor market is anticipated to grow at a significant CAGR of 7.2% during the forecast period. Rising demand and establishment of advance technologies such as AI, IoT, 5G connectivity and others, are expected to fuel the use of ceramic capacitor globally. In addition, the growing demand of 5G-enabled smartphones will further spur the use of electronic circuits. As the high-end smartphones are equipped with around 800 to 1,000 capacitors, the increase in number of components along with reduction in thickness of recent smartphones, there is a significant need for slimmer components. For instance, in 2019, Murata Manufacturing Co., Ltd. developed GRM011R60J104M, the world’s first multi-layer ceramic capacitor to feature a maximum capacitance of 0.1µF in 008004-inch size (0.25×0.125mm) and in 2021, Samsung Electro-Mechanics revealed that it has developed the 0.65mm ultra-slim 3-socket MLCC, which is 18% thinner than previous products, and began to make it available for global smartphone companies.
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The automotive industry had been impacted due to the outbreak of COVID-19. The automotive industry faced a sharp decline in demand and investment which had immensely reduced the demand for ceramic capacitors. According to a reports published by International Labour Organization in 2020, China is known as the world’s main provider of intermediate inputs for manufacturing companies abroad, the turn down in output and exports from China is having a straight impact on the automotive industry. Additionally, as a impact of COVID-19, in 2021, Murata Manufacturing Co. Ltd. temporarily closed a plant in Japan that creates electronic component of smart phones, computers, and cars, among other products, to combat COVID-19.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Ceramic Capacitor Market Report Segment
By Product Type
- Multilayer ceramic chip capacitor
- Ceramic disc capacitor
- Feedthrough ceramic capacitor
- Ceramic power capacitor
By Application
- Automotive
- Communications equipment
- Consumer electronics products
- Others (Healthcare, Aviation, And Energy & Power)
Global Ceramic Capacitor Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the ceramic capacitor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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