Press release
Multi-layer Ceramic Capacitor Market Size is Projected to Hit $7,833 Mn by 2024 | Major Players are Samsung Electro-Mechanics, TDK Corporation, Kyocera (AVX), Taiyo Yuden Co. Ltd., YAGEO Corp
According to a recent report published by Allied Market Research, titled, Global Multi-layer Ceramic Capacitor Market by Class, Application: Global Opportunity Analysis and Industry Forecast, 2018-2024, the global multilayer ceramic capacitor market was valued at $5,315 million in 2017, and is projected to reach at $7,833 million by 2024, growing at a CAGR of 5.5% from 2018 to 2024.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 are the key players that occupy a significant revenue share in the market.
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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.
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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Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period, followed by North America, Europe, and LAMEA. However, LAMEA is expected to grow at a higher rate, predicting a lucrative market growth for multi-layer ceramic capacitors.
MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate-to-high threat of substitutes
3.3.4. Moderate-to-high intensity of rivalry
3.3.5. High bargaining power of buyers
3.4. MARKET SHARE ANALYSIS, 2017
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Excellent frequency characteristics
3.5.1.2. Highly resistant to abnormal voltage
3.5.1.3. Performance advantage of MLCC such as high capacitance, lower impedance, and compact size
3.5.2. Restraint
3.5.2.1. Highly prone to physical damage such as cracking.
3.5.3. Opportunities
3.5.3.1. Increasing automotive electronics
3.5.3.2. Upsurge in demand of the consumer electronics
https://www.whatech.com/market-research/semiconductor-and-electronics/644423-what-s-boost-the-growth-of-the-multilayer-ceramic-capacitor-market-industry-insights-by-amr
Key Benefits from this Research Report
o This study comprises analytical depiction of the global multilayer ceramic capacitor market (MLCC) with current trends and future estimations to depict the imminent investment pockets.
o The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
o The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
o The current market is quantitatively analyzed from 2018 to 2024 to benchmark the financial competency.
o Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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