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Leading Companies Reinforcing Their Presence in the Multilayer Ceramic Capacitor Market
Multilayer Ceramic Capacitor Market
Projected Expansion of the Multilayer Ceramic Capacitor Market Size
The multilayer ceramic capacitor market is forecasted to reach a significant valuation of $17.07 billion by 2030, advancing at a compound annual growth rate (CAGR) of 7.7%. This projected growth stems from rising demand for compact components with high capacitance, the rapid expansion of electric vehicles and advanced mobility electronics, and increased adoption in 5G and communication devices. Further contributing factors include the development of ultra-miniaturized ceramic capacitors and the growth of automated, high-volume production systems. Key trends expected to influence the market over the coming years include the evolution of high-density multilayer ceramic structures, smart connected component designs, automated precision manufacturing processes, AI-driven optimization of electronic circuits, and enhanced digital reliability testing methods.
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Significant Companies Steering the Multilayer Ceramic Capacitor Industry
The multilayer ceramic capacitor market features several leading companies that play pivotal roles in its advancement. Some of the major players include Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., Yageo Group, Walsin Technology Corporation, Kyocera Corporation, TDK Corporation, Vishay Intertechnology Inc., Samwha Capacitor Co. Ltd., Darfon Electronics Corp., MARUWA Co. Ltd., Johanson Dielectrics Inc., AVX Corporation, Ceramic Substrates & Components Ltd., Chaozhou Three-Circle (Group) Co. Ltd., Chilisin Electronics Corp., Dearborn Electronics Pvt. Ltd., Exxelia Alcon Electronics Pvt Ltd., Faratronic Co. Ltd., Holy Stone Enterprise Co. Ltd., KEMET Corporation, KOA Corporation, NIC Components Corp., Presidio Components Inc., and RFMW Ltd.
Recent Strategic Moves Highlighted by Novacap's Acquisition
In July 2024, US technology and manufacturing firm Novacap acquired Syfer, a UK-based specialist in multilayer ceramic capacitors, for an undisclosed sum. This acquisition aims to merge their technology and expertise to become a leader in high-voltage safety capacitors. Additionally, Novacap plans to broaden its manufacturing capabilities to better serve the expanding markets for application-specific multilayer capacitors (ASMC) across industries such as telecom, datacom, medical, and aerospace.
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Innovative Developments Driving Market Differentiation
Leading companies are actively introducing innovative products to maintain their competitive edge in the multilayer ceramic capacitor market. For example, in September 2023, Japan-based TDK Corporation unveiled its CN series of multilayer ceramic capacitors. This new series features an industry-first design where resin layers cover only the board mounting side instead of the entire terminal electrodes, as seen in conventional soft termination MLCCs. This design improvement allows electric current to flow outside the resin layers, reducing electrical resistance. The CN series offers capacitances up to 22 microfarads in the 3216 size and 47 microfarads in the 3225 size, with low-resistance soft termination. These characteristics enable higher capacitance levels compared to traditional products while also reducing the number of components and overall size.
Key Segments and Market Forecasts Within the Multilayer Ceramic Capacitor Industry
This report segments the global multilayer ceramic capacitor market based on several key factors:
- Equipment Type: Class 1 and Class 2 capacitors
- Rated Voltage Range: Low Range (up to 50V), Mid Range (100V to 630V), and High Range (1000V and above)
- Application Areas: Consumer Electronics, Automotive, Manufacturing, Healthcare, and Other Applications
Further subcategories include classifications within Class 1 capacitors such as C0G (NP0), C1G, and temperature-stable capacitors; and within Class 2, capacitors like X7R, X5R, and Y5V types. This segmentation reflects the diverse demands and specialized uses of multilayer ceramic capacitors across different industries and applications.
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