Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Multilayer Ceramic Capacitor Market size is anticipated to grow from USD 18.21 billion in 2024 to USD 104.68 billion by 2037, reflecting a CAGR of around 14.4% during the forecast period, from 2025 to 2037. Currently in 2025, the industry revenue of multilayer ceramic capacitor is estimated at USD 20.05 billion.
With the development of IT devices, the need for a multi-layer ceramic capacitor (MLCC), is rising significantly. The market will expand as a result of the development of technologies like IoT, cloud computing, and AI. In 2017, 20% of respondents said they had adopted AI in at least one business area; today, that number is 50%, while it reached a high of 58 percent in 2019.
Additionally, with the potential for miniaturization, the makers are attempting to fit more circuits and components into the limited area at their disposal. Other capacitors have not been able to match the special qualities of MLCC, hence MLCC will play a significant role in the development of the new computing technology that is now being developed. 85% of businesses will begin using the cloud first by 2025. Cloud storage is used for more than 60% of all corporate data. Nearly 50% of businesses have adopted cloud computing completely.
