Multilayer Ceramic Capacitor Market Report Scope & Overview:

Multilayer Ceramic Capacitor Market Size will be valued at USD 11.32 billion in 2023, and it was valued at USD 17.76 billion by 2031, and grow at a CAGR of 5.78% over the forecast period 2024-2031.

Capacitor is an electrical component consisting of two electrical conductors separated by a protective element. Multilayer Ceramic capacitor (MLCC) contains a number of layers of ceramic electrodes inside the sandbox. MLCC is a high-performance device (SMD) capacitor, used in many different applications such as telecommunications, data processing, PCs, hard disks, game PCs, DVDs, video cameras, cell phones, standard electrical circuits, and Others.

Multilayer Ceramic Capacitor Market Revenue Analysis

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  • Increasing demand from the automotive industry.


  • Advanced micro-level technical expertise is required for the development of MLCCs.



  • MLCC miniaturization.


The outbreak and spread of COVID-19 have led to a sharp decline in the global economy due to the closure of production facilities in 2020. It has hampered the growth of the MLCC market due to delays in the deployment of 5G channels, production/ introduction of new equipment. EVs, and the development of connected vehicles. COVID-19 also led to delays in the procurement of goods and services in 2021. However, increasing demand for MLCCs in the electronics and telecommunications industry has reduced the negative effects of the epidemic on MLCC market growth by the end of 2020. and early 2021. The growing demand for electronics such as laptops, smartphones, computers, printers, smart clothing, healthcare items, webcams, and headphones as a result of the implementation of work from home policies around the world exacerbated the demand for MLCCs in the electronics industry. In addition, the increase in internet use has accelerated the need for MLCCs in the telecommunications industry. In view of these factors, it can be concluded that the growth of the global MLCC market has not slowed down but has declined during a period of violence. However, the market is expected to grow steadily in the post-COVID-19 period.

The average portion of capacitor was high valued. This is due to the growing demand for standard capacitors in systems such as DC-DC converters, mobile phones, gaming machines, memory modules, LCDs and televisions. Additionally, standard capacitors help to remove noise from electrical circuits and their small size allows for easy installation in electrical devices. The same MLCC members use synthetic technology where different capacitor elements are integrated into a single monolithic structure. These capacitors promote increased efficiency, save higher costs, and reduced storage costs. They are used in applications such as game consoles, LCD modules, computers, automotive, and communications.

Increased exports of multilayer ceramic capacitor vehicles to vehicles, such as powertrain, car frames, and infotainment devices, are expected to emerge as a key market driver. The practice has encouraged a number of manufacturers to develop MLCCs that cater for automotive applications, including a wide range of power options, charge sizes, and volume prices. MLCCs are also increasingly being adopted in electric vehicles as they are able to withstand normal temperature control circuits in such vehicles. MLCCs are also increasingly being used in the communications, military, medical, and industrial sectors. They are used in tools such as military communication systems, laser, telecom channels, and high-frequency RF applications due to advantages such as easy mounting on circuit boards, greater integration efficiency, and shorter circuit tracks with lower inductance.



  • General Capacitor

  • Array

  • Serial Construction

  • Mega Cap

  • Others


  • Low Range (Up to 50V)

  • Mid Range (100V to 630V)

  • High Range (1000V & above)


  • X7R

  • X5R

  • C0G

  • Y5V

  • Others


  • Automotive

  • Industrial

  • Telecommunication

  • Data Transmission

  • Consumer Electronics

  • Manufacturing

  • Healthcare


Asia Pacific led with a market high capitalization. This region is an important manufacturing hub for electrical equipment. The emergence of MLCC producers from various countries such as Japan, South Korea, Taiwan, and India is expected to further regional growth in the coming years. Asia Pacific is expected to emerge as the fastest growing region in the forecast period, due to increased demand for end-of-life industries due to increased MLCC levels and slower capacitance. In addition, MLCC regional manufacturers are focused on adopting advanced technologies to be able to withstand higher competition. The growing demand for consumer electronics in developing countries such as China and India are expected to further the regional use of more ceramic capacitors.

Multilayer Ceramic Capacitor Market By Region

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  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The key players in Global Multilayer Ceramic Capacitor Market are Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other.

KEMET, KYOCERA Corporation-Company Financial Analysis

Company Landscape Analysis

Multilayer Ceramic Capacitor Market Report Scope:
Report Attributes Details
Market Size in 2023 US$ 11.32 Billion
Market Size by 2031 US$ 17.76 Billion 
CAGR CAGR of 5.78% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by type (General Capacitor, Array, Serial Construction, Mega Cap, Others)
• by Voltage Range (Low-Range (Up to 50V), Mid-Range (100V to 630V), High-Range (1000V & above))
• by Dielectric type (X7R, X5R, C0G, Y5V, Others)
• by End-User (Automotive, Industrial, Telecommunication, Data Transmission, Others, Consumer Electronics, Manufacturing, Healthcare)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other.
Key Drivers • Increasing demand from the automotive industry.
Restraints • Advanced micro-level technical expertise is required for the development of MLCCs.

Frequently Asked Questions

The Multilayer Ceramic Capacitor Market size was valued at 11.32 billion in 2023 at a CAGR of 5.78%. 

Advanced micro-level technical expertise is required for the development of MLCCs is limiting the Multilayer Ceramic Capacitor Market's expansion.

The key players in Global Multilayer Ceramic Capacitor Market are Darfon Electronics Corp., KEMET, KYOCERA Corporation, Murata Manufacturing Co., Ltd., SAMSUNG ELECTRO-MECHANICS, TAIYO YUDEN CO., LTD., TDK U.S.A. Corporation, Vishay Intertechnology, Walsin Technology Corporation, YAGEO Corporation and Other.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis


8. Global Multilayer Ceramic Capacitor Market Segmentation, by type


8.2 General Capacitor

8.3 Array

8.4 Serial Construction

8.5 Mega Cap

8.6 Others

9. Global Multilayer Ceramic Capacitor Market Segmentation, by voltage Range

9.1 Introduction

9.2 Low Range (Up to 50V)

9.3 Mid Range (100V to 630V)

9.4 High Range (1000V & above)

9.5 Other

10. Global Multilayer Ceramic Capacitor Market Segmentation, By Dielectric Type

10.1 Introduction

10.2 X7R

10.3 X5R

10.4 C0G

10.5 Y5V

10.6 Others

11. Global Multilayer Ceramic Capacitor Market Segmentation, By End-User

11.1 Introduction

11.2 Automotive

11.3 Industrial

11.4 Telecommunication

11.5 Data Transmission

11.6 Others

11.7 Consumer Electronics

11.8 Manufacturing

11.9 Healthcare

11.10 Other.

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profiles

13.1 YAGEO Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Darfon Electronics Corp.

13.3 KEMET

13.4 KYOCERA Corporation

13.5 Murata Manufacturing Co., Ltd.



13.8 TDK U.S.A. Corporation

13.9 Vishay Intertechnology

13.10 Walsin Technology Corporation

13.11 Other

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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