Multilayer Ceramic Capacitor Market Revenue Projections and Investment Opportunities | Murata Manufacturing, Samsung, TDK, Kyocera, Taiyo Yuden YAGEO, Walsin Technology, KEMET, Vishay, and Darfon Electronics
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The multilayer ceramic capacitor (MLCC) market possesses high growth potential, owing to increase in demand for multilayer ceramic capacitors from the developing countries such as China, India, and others. Companies in this industry adopt various innovative techniques such as product launch, innovation, and merger to provide customers with advanced and innovative product offerings.
The key players profiled in the report include Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, TDK Corporation, Kyocera (AVX), Taiyo Yuden Co. Ltd., YAGEO Corporation, Walsin Technology Corporation, KEMET, Vishay, and Darfon Electronics Corp.
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Growth Drivers, Opportunities and Challenges
Enhanced frequency characteristics and high resistance to abnormal voltage significantly contribute towards the growth of the global MLCC market. Moreover, performance advantages offered by MLCC such as high capacitance & lower impedance and its compact size are major drivers of this market. However, MLCCs are highly prone to physical damage such as cracking, which impedes growth of this market. Conversely, increase in need for automotive electronics and upsurge in demand for consumer electronics are expected to create lucrative opportunities for the key players operating in the global market.
In addition, increase in trend of Internet of Things (IoT) & 5G technology and upgradation of automotive electronics are expected to boost the demand for MLCCs in the near future. Furthermore, the key players are focusing more on the automotive-use MLCCs rather than the ultra-compact MLCCs. This indicates that the automotive sector possesses high growth potential, which in turn is anticipated to provide lucrative opportunities for the expansion of the MLCC market.
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Asia-Pacific Holds Lions Share
At present, Asia-Pacific dominates the market, followed by North America. In 2017, China dominated the Asia-Pacific market and Germany led the overall market in Europe. However, in North America, the U.S. currently leads the market.
Key Findings of the Multi-Layer Ceramic Capacitor Market:
o The NP0 (C0G) segment generated the highest revenue in 2017.
o In 2017, X7R segment was the highest revenue contributor in the class 2 segment.
o LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
o In 2017, Asia-Pacific contributed the highest market share, followed by North America, Europe, and LAMEA.
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