Multi-Layer Ceramic Capacitor (MLCC) Market Overview
The global multi-layer ceramic capacitor market was valued at USD 11.89 billion in 2020 and is expected to reach USD 16.27 billion by 2026 at a CAGR of 4.5% during the period 2021 – 2026. The telecommunications sector holds great potential for the MLCC market, and the manufacturers are banking on the 5G technology to drive the growth of the market. MLCC (Multilayer Ceramic Capacitor) is an SMD (Surface Mounted Device) type capacitor that is used in wide ranges of capacitance. MLCC is paid more attention than other capacitors due to the better frequency characteristics, higher reliability, higher withstanding voltage, and so on.
Download free sample here – Multi-Layer Ceramic Capacitor (MLCC) Market
Multi-Layer Ceramic Capacitor (MLCC) Market – Geographical Overview
Asia Pacific to witness the fastest growth in the MLCC market
The region is witnessing rapid growth in the application of MLCC based electronic components and renewable energy products across the automotive sector across the region. China is one of the leading manufacturers of multilayer ceramic capacitors, with a strong presence of local companies. Moreover, Chinese MLCC manufacturers have been rapidly increasing for the past few years, while focusing on the supply of consumer electronic products. The growing government regulations in favor of the electric vehicles market, globally, are also fueling the demand for multilayer ceramic capacitors in India.
Check our other latest reports on –
Key Highlights of the Multi-Layer Ceramic Capacitor (MLCC) Market
List of Key Players in the Multi-Layer Ceramic Capacitor (MLCC) Market
*List Not Exhaustive
Related Reports & Links
Mordor Intelligence has segmented the global multilayer ceramic capacitor market on the basis of type, rated voltage range, dielectric type, end-user vertical, and geography:
About Mordor Intelligence
Mordor Intelligence is a market intelligence and advisory firm. Our mission is to map complex business ecosystems across the globe to better predict butterfly effects. To date, we have partnered with 4000+ enterprises across 20 industries, to deliver precise data and actionable insights in over 6000 projects. Our domain-specific teams of research experts continuously track markets, enabling our clients to gain a competitive edge through high-quality market intelligence.
We offer fully tailored intelligence solutions to meet the unique business requirements of any organization. Our deep industry expertise coupled with cross-functional analyst teams ensures we can support the intelligence requirements of even the most specific of business problems.
Media ContactCompany Name: Mordor Intelligence Private LimitedContact Person: Bhargav PEmail: Send EmailPhone: +1 617-765-2493Address:5th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli City: HyderabadState: Telangana 500008Country: IndiaWebsite: https://www.mordorintelligence.com/industry-reports/multi-layer-ceramic-capacitor-mlcc-market?utm_source=press-release&utm_medium=ICT&utm_campaign=AB_Newswire