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Opportunities For The Multilayer Ceramic Capacitor (mlcc) Market To Reach $12.2 Billion By 2024
According to a new market report published by Lucintel, the future of the multilayer ceramic capacitor (MLCC) market looks promising with opportunities in the computer, telecom, consumer, automotive, and industrial sectors. The global multilayer ceramic capacitor market is expected to reach an estimated $12.2 billion by 2024 with a CAGR of 4.5% from 2019 to 2024. The major drivers for this market are increasing demand for consumer electronic products, growing demand for premium smartphones, and increasing production of electric vehicles.
In this market, low voltage and high voltage multilayer ceramic capacitors are used in various end use industries. Lucintel forecasts that the low voltage multilayer ceramic capacitors will remain the largest segment over the forecast period due to its wide application area and growing demand for the consumer electronics market.
Within the multilayer ceramic capacitor market, telecom will remain the largest end use market due to the increasing use of MLCC in premium smartphones. Lucintel predicts that automotive is expected to witness the highest growth over the forecast period due ...
... to growth in electric vehicles and increasing demand for advanced driver-assistance systems (ADAS) in automotive industry.
Asia Pacific is expected to remain the largest market by value and volume and it is also expected to witness the highest growth over the forecast period due to the increasing electronic content in automotive and growth in consumer electronic devices & telecommunication products. Increasing use of electric vehicles due to growing environmental concerns and regulations is also expected to drive the demand for MLCC in this region.
An emerging trend, which has a direct impact on the dynamics of the industry, includes development of ultra-small case size capacitors for portable electronic devices. Murata, Taiyo Yuden, Kyocera, Yageo, and Samsung Electro Mechanics are among the major manufacturers of multilayer ceramic capacitors.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global multilayer ceramic capacitor market by end use industry, voltage, class, case size, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Multilayer Ceramic Capacitor Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global multilayer ceramic capacitor market by end use industry, voltage, class, case size, and region as follows:
By End Use Industry [Volume (billion pcs) and $M shipment analysis for 2013 – 2024]:
• Industrial and Others
By Voltage [Volume (billion pcs) and $M shipment analysis for 2013 – 2024]:
• Low voltage
• High voltage
By Class [Volume (billion pcs) and $M shipment analysis for 2013 – 2024]:
• Class 1
• Class 2
By Case Size [Volume (billion pcs) and $M shipment analysis for 2013 – 2024]:
By Region [Volume (billion pcs) and $M shipment analysis for 2013 – 2024]:
• North America
− United Kingdom
• Asia Pacific
− South Korea
• The Rest of the World
This 190-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or firstname.lastname@example.org. Lucintel offerings include Telecommunication Report, Telecommunication Market Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Matrix.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global multilayer ceramic capacitor market by end use industry (telecom, computer, consumer, automotive, and industrial & others), voltage (low voltage and high voltage) class (class 1, class 2, and others), case size (01005, 0201, 0402, 0603, 0805, 1206, 1219), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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