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Lucintel Forecasts Multilayer Ceramic Capacitor Market To Reach $30 Billion By 2030
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According to the recent study the Multilayer Ceramic Capacitor Market is projected to reach an estimated $30 billion by 2030 at a CAGR of 8% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for consumer electronic products, growing demand for premium smartphones, and increasing production of electric vehicles.
A more than 150–page report is developed to understand trends, opportunities and forecast in multilayer ceramic capacitor market by end use industry (computers, telecom, consumer electronics, automotive, and industrial & others), class (class 1, class 2, and others), voltage (low voltage and high voltage), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that low voltage will remain the larger voltage segment over the forecast period due to their wide application area and growing demand in the consumer electronics market.
Automotive is expected to remain the largest end use industry segment due to the growth in electric vehicles and increasing demand for advanced driver-assistance systems (ADAS) in the automotive industry.
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... APAC will remain the largest region due to the increasing electronic content in automotive and growth in consumer electronic devices & telecommunication products. Increasing use of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for MLCC in this region.
Murata, Samsung Electro-Mechanics, TDK Corporation, Kyocera, Taiyo Yuden, Yageo Corporation, Vishay Intertechnology, Darfon Electronics, and Johanson Dielectrics are among the major suppliers in the multilayer ceramic capacitor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972 636 5056
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