According to a new report, published by KBV research, The Global Multi-Layer Ceramic Capacitor Market size is expected to reach $15.97 billion by 2031, rising at a market growth of 5.3% CAGR during the forecast period.
The Mid-range (100 V - 630 V) segment is anticipating a CAGR of 5.6% during (2024 - 2031). This is driven by its rising application in industrial automation, power electronics, and telecommunications. The growing deployment of MLCCs in renewable energy systems, electric vehicles, and high-reliability circuits contributed to the segment’s expansion, as these capacitors offer enhanced voltage stability and durability in demanding environments.
The 603-1,206 Inches segment is leading the Global Multi-layer Ceramic Capacitor Market by Case Size in 2023; thereby, achieving a market value of $8.5 billion by 2031. This is driven by its widespread use in consumer electronics, automotive applications, and industrial equipment. These mid-sized capacitors offer a balance between compactness and performance, making them ideal for smartphones, tablets, automotive control units, and power management circuits. The growing demand for reliable and high-capacitance MLCCs in automotive and telecommunication sectors further contributed to the segment’s strong market position.
The Array segment would obtain a CAGR of 5% during (2024 - 2031). This is primarily due to its advantages in reducing circuit board space and improving electrical performance. Array MLCCs are widely used in compact electronic devices, such as smartphones, tablets, and high-density computing systems, where component miniaturization and enhanced reliability are crucial. The growing trend of miniaturization in consumer electronics and telecommunications equipment has further fuelled the demand for array MLCCs.
The X7R segment is generating the maximum revenue the Global Multi-layer Ceramic Capacitor Market by Dielectric Type in 2023; thereby, achieving a market value of $4.6 billion by 2031. This is driven by its widespread use in industrial, automotive, and telecommunications applications. X7R capacitors offer high stability over a broad temperature range (-55°C to 125°C), making them ideal for power supply circuits, motor controls, and electronic control units (ECUs) in automobiles. Their strong dielectric properties and reliability in high-temperature environments have further contributed to their strong market presence.
The Automotive segment shows a CAGR of 4.2% during (2024 - 2031). The rising adoption of electric vehicles (EVs) and advanced driver assistance systems (ADAS) has fuelled the demand for MLCCs used in powertrains, infotainment systems, and safety applications. As vehicles increasingly rely on electronic components, including sensors, inverters, and connectivity modules, the need for high-reliability and high-temperature-resistant MLCCs has increased. Additionally, government regulations promoting EV adoption and sustainable transportation further boost the integration of MLCCs in automotive electronics.
Full Report: https://www.kbvresearch.com/multi-layer-ceramic-capacitor-market/
The Asia Pacific region dominated the Global Multi-layer Ceramic Capacitor Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.09 billion by 2031. The North America region is experiencing a CAGR of 4.6% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 4.9% during (2024 - 2031).
By Rated Voltage Range
By Case Size
By Type
By Dielectric Type
By End-use
Unique Offerings 
