Multilayer Ceramic Capacitor Market Growth Overview, Share And Production Analysis Report 2023

Multilayer Ceramic Capacitor Market Definition

A multilayer ceramic capacitor is a type of surface-mounted device that provides low capacitance and is employed in a variety of electronic devices for the essential noisesuppression function. The many ceramic layers and conductive electrodes stacked one on top of the other make up the multilayer ceramic capacitor (MLCC).

Multilayer Ceramic Capacitor Market Characteristics:

The global multilayer ceramic capacitor market size is expected to grow from $9.48 billion in 2022 to $10.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The multilayer ceramic capacitor market is expected to grow to $14.02 billion in 2027 at a CAGR of 7.96%.

2022 2023 2027

Key Market Drivers And Trends

Drivers Trends

Growing demand from the automotive industry due to the advent of electric vehicles (EVs) is expected to propel the growth of the multilayer ceramic capacitors market going forward.

Technological advancement is a key trend gaining popularity in the multilayer ceramic capacitor market.

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Major companies in the market include

Key Market Players

Samsung Electro-Mechanics

Taiyo Yuden Co Ltd

Yageo Group

Kyocera Corporation

TDK Corporation

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