Chip multilayer ceramic capacitor market is anticipated to grow at a significant CAGR of nearly 5.8% during the forecast period. The major factor that drives the growth of the market Include increasing demand of chip multilayer ceramic capacitor in the electronics market. This increasing demand can be attributed due to the continuous increase in the deployment of high specification gadgets. In addition to this, the growing demand for tablets, and smartphones coupled with the cost efficiency associated with MLCCs is strongly boosting the growth of the global market.
Moreover, increasing popularity of smart televisions is also expected to strongly augment the growth of the market in the forecast period as MLCCs are being increasingly integrated in the modern LCD, and LED televisions. For instance, January 2021- KEMET, part of the Yageo Group, announced the launch of three hybrid aluminum polymer capacitor series: A780, PHA225, and PHH225. These AEC-Q200 qualified capacitors offer a combination of highly conductive polymer technology and liquid electrolytic material in a hybrid design, resulting in an outstanding electrical performance for automotive and industrial applications. However, ceramic has some inherent drawbacks and is highly prone to physical damage such as getting cracked, and this is posing to be a challenge for the market growth. The longevity of multi-layer ceramic capacitors can shorten, unless they are handled with utmost care.
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Chip Multilayer Ceramic Capacitor Market Segmentation
By Dielectric Type
- X7R
- X5R
- C0G (NP0)
- Y5V
- Others
By Application
- Consumer Electronics
- Automotive
- Industrial Machinery
- Defence
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- API Technologies
- AVX Corp
- AFM Microelectronics Inc.
- Cornell Dubilier Electronics
- Darfon Electronics Corp
- Eyang Holdings Group Co. Ltd
- Johanson Dielectrics
- KEMET Corp
- Knowles Capacitors
- Kyocera Corp.
- Taiyo Yuden Co. Ltd.
- Vishay Intertechnology Inc.
- Walsin Technology Corp.
- Würth Elektronik Group
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