Multilayer Ceramic Capacitor Market Analysis

Dielectric Type {Class I (NPO, COG, P100, N33, N75), Class II (X7R, X5R, Y5V, Z5U, X7S)}

The COG Class I dielectric type is expected to hold 28% share of the global multilayer ceramic capacitor market during the forecast period. COGs do not need special reflow profiles for surface installation, unlike film capacitors. For a given capacitance inside of a particular case size, COG MLCCs frequently offer higher voltage ratings. These devices are perfect for resonant circuit applications and capacitance stability due to their exceptionally low equivalent series resistance and outstanding self-resonance characteristics. Inverters, power supplies, smartphones, laptops, chargers and adapters, UPS, smart meters, smart homes, remote power management, and other applications are among the many for which COG is perfect. 300 million smart homes are thought to exist worldwide. In 2023, there will be 60.4 million U.S. households that actively employ smart home technology. Owners of smart home electronics in America spend, on average, USD 1,172 on these appliances.

End-User Industry (Electronics, Automotive, Industrial, Telecommunication)

The automotive segment in the multilayer ceramic capacitor market is set to hold the largest share of 45% by the end of 2035. The growth of the segment can be impelled by the growing use of multilayer ceramic capacitors in automotive electronic components such powertrains, car frames, and infotainment systems. The development of MLCCs specifically designed for automotive applications, with a wide range of voltage options, case sizes, and capacitance values, has been encouraged by the trend by a number of manufacturers. For instance, 85.4 million motor vehicles were produced globally in 2022, a 5.7% increase from 2021.

Our in-depth analysis of the global MLCC market includes the following segments: