Research Nester’s recent market research analysis on “Multilayer Ceramic Capacitor Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global multilayer ceramic capacitor market in terms of market segmentation by type, rated voltage range, dielectric type, end-user industry, and by region.
Increasing Popularity Among Various Users to Promote Global Market Share of Multilayer Ceramic Capacitor
Multi-layer ceramic capacitor (MLCC), a crucial element of the electrical industry, is becoming increasingly necessary with the expansion of IT gadgets. The market will grow as a result of the rapid digitalization and the advancement of IoT, cloud computing, and AI technologies. The percentage of respondents who claimed they had used AI in at least one business area in 2017 has decreased to 50% currently from a peak of 58 percent in 2019.

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In addition, the makers are also seeking to cram more circuits and components into the constrained space at their disposal due to the possibility of miniaturization. Since no other capacitor has been able to match the unique properties of MLCC, MLCC will be crucial to the advancement of the current generation of computing technology. By 2025,
Some of the major growth factors and challenges that are associated with the growth of the global multilayer ceramic capacitor market are:
Growth Drivers:
• Surge in Demand for the Automotive Industry Due to the Advent of Electric Vehicle
• Rising Demand for Consumer Electronics
Challenges:
The multilayer ceramic capacitor is one of the smallest electronic parts and is a high-tech device with 500 to 600 dielectric and electrode layers. When compared to other passive chip components, the manufacturing and lamination process for MLCCs is the most intricate. The compact stacking of numerous dielectric layers is the key technology for making precise and dependable MLCCs. The ability to store more electricity grows with the number of layered layers, which is the reason for the multilayering. There is a lack of professionals despite the fact that stacking calls for the highest level of expertise & technology and building a high-performance, adaptable, and user-friendly product requires downsizing of MLCCs are some of the major factors anticipated to hamper the global market size of multilayer ceramic capacitor.

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By dielectric type, the global multilayer ceramic capacitor market is segmented into Class I (NPO, COG, P100, N33, N75), Class II (X7R, X5R, Y5V, Z5U, X7S). The COG segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. In contrast to film capacitors, COG does not require special reflow profiles for surface installation. Moreover, it usually offers better voltage ratings for a given capacitance within a specific case size. These components' extraordinarily low equivalent series resistance and superior self-resonance properties make them ideal for resonant circuit applications and capacitance stability. The various applications for which COG is ideal include inverters, power supplies, smartphones, laptops, chargers and adapters, UPS, smart meters, smart homes, remote power control, and others. It is estimated that there are 300 million smart homes worldwide. There will be 60.4 million American households actively using smart home technology by 2023.
By region, the North America multilayer ceramic capacitor market is to generate the highest revenue by the end of 2035. Numerous electric car producers are based in North America, and thus have a greater need for multilayer ceramic capacitors. For instance, there are almost 9000 multilayer ceramic capacitors in the Tesla Model 3. The output of battery electric vehicles is anticipated to climb from 1050000 vehicles in 2020 to around 2612000 vehicles by 2025, which would result in a sharp increase in demand for multilayer ceramic capacitors.
This report also provides the existing competitive scenario of some of the key players of the global multilayer ceramic capacitor market which includes company profiling of Yageo Corporation, EYANG Technology, API Technology Corp., KEMET Corporation, Drafon Electronics Corp., NIC Components, Samwha Capacitor Group, Fujian Torch Electron Technology, Elektronik Group, and others.

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