Lucintel's latest market report analyzed that multilayer ceramic capacitor provides attractive opportunities in the computer, telecom, consumer, automotive, and industrial sectors. The multilayer ceramic capacitor market is expected to reach $11.5 billion by 2028 with a CAGR of 19%. In this market, low voltage is the largest segment by voltage, whereas automotive is largest by end use industry.
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Based on voltage, the multilayer ceramic capacitor market is segmented into low voltage and high voltage. The low voltage segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to their wide application area and growing demand in the consumer electronics market.
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The Multilayer Ceramic Capacitor Market is marked by the presence of several big and small players. Some of the prominent players offering multilayer ceramic capacitor include Murata, Samsung Electro-Mechanics, TDK Corporation, Kyocera, Taiyo Yuden, Yageo Corporation, Vishay Intertechnology, Darfon Electronics, and Johanson Dielectrics.
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