October 26, 2022 10:15 ET | Source: Straits Research Straits Research
New York, United States, Oct. 26, 2022 (GLOBE NEWSWIRE) -- The miniaturization of the capacitors, one of the major growth attribute is mainly due to the increasing efforts of the Original Equipment Manufacturers (OEM) towards consumers’ electronics, Furthermore, increasing penetration of MLCC in consumer electronics and automotive applications and the advent of hybrid and electric vehicle in the automotive segment are some of the factors propelling the growth of the global multi-layer ceramics capacitors market.
Further, the increasing government initiatives towards the adoption of renewable energy has surged the adoption of electric vehicles. Some of its noteworthy benefits comprise the presence of low equivalent series resistance (ESR), which provides excellent frequency characteristics; its high resistance to abnormal voltage thus reducing the risk of failure due to dielectric breakdown. Further, its high performance in comparison to the aluminum electrolytic capacitors due to the small parasitic inductance along with its better stability over the temperature have bolstered the growth of the global multi-layer ceramics capacitors market. Moreover, the growing advancement of IoT also adds to the growth of the multi-layer ceramics capacitors market. However, the shortage of these as very high-voltage ceramic capacitors are not available to hinder the market growth.
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Globally, COVID-19 has had a severe impact on every industry sector. Due to the government's increasingly strict rules, which include the suspension of cross-border activities, the manufacturing sector, and social segregation norms, the market for MLCCs has seen a modest slowdown in growth. As a result, operations in the global supply chain have been disrupted, further postponing the need for capacitors. The demand for EV cars and capacitors has also decreased as a result of job losses and an increase in pay reduction.
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The existence of major companies providing multi-layer ceramic capacitors, including Future Electronics Inc., Netsource Technology, Aerovox, and Tecate Group, is a major factor driving the MLCC market in North America. As a result of the presence of key market players like TDK Corporation, Samsung Electro-Mechanics, and Kyocera Corporation, the multi-layer ceramic capacitors market in Asia-Pacific is growing at the highest rate.
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Multilayer Ceramic Capacitors Market: Segmentation
3.2 Value Chain Analysis: Multi-Layer Ceramic Capacitor Market
3.4 Porter’s Five Forces Analysis
4.1.1 Market Size & Forecast, 2020-2030, (USD Million)
4.2.1 Market Size & Forecast, 2020-2030, (USD Million)
4.3.1 Market Size & Forecast, 2020-2030, (USD Million)
4.4.1 Market Size & Forecast, 2020-2030, (USD Million)
4.4.1 Market Size & Forecast, 2020-2030, (USD Million)
5.1.1 Market Size & Forecast, 2020-2030, (USD Million)
5.2.1 Market Size & Forecast, 2020-2030, (USD Million)
5.3.1 Market Size & Forecast, 2020-2030, (USD Million)
5.4.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.1.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.2.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.3.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.4.1 Market Size & Forecast, 2020-2030, (USD Million)
6.1.5.1 Market Size & Forecast, 2020-2030, (USD Million)
6.2.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.1.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.2.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.3.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.4.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.5.1 Market Size & Forecast, 2020-2030, (USD Million)
6.3.6.1 Market Size & Forecast, 2020-2030, (USD Million)
7.1.1 Market Size & Forecast, 2020-2030, (USD Million)
7.2.1 Market Size & Forecast, 2020-2030, (USD Million)
7.3.1 Market Size & Forecast, 2020-2030, (USD Million)
7.3.7 The The Rest of Europe
7.4.1 Market Size & Forecast, 2020-2030, (USD Million)
7.4.7 The The Rest of Asia-Pacific
7.5.1 Market Size & Forecast, 2020-2030, (USD Million)
7.6.1 Market Size & Forecast, 2020-2030, (USD Million)
7.6.6 The Rest of South America
Table of Content and Figure @ https://straitsresearch.com/report/multi-layer-ceramic-capacitors-market/toc
Automotive Sector is Likely to Make Significant Impact in the Adoption of Multi-Layer Ceramics Capacitors Market
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