Multi-Layer Ceramic Capacitor (MLCC) Market

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2022
Expansion of the Automotive Sector Fuels
Multi-Layer Ceramic Capacitor Industry Growth
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In 2021, the multi-layer ceramic capacitor market
contributes 12.2 billion in revenue, and it is
projected to rise to 34.6 billion in 2030,
progressing at 12.3 from 2021 to 2030. Moreover,
the automotive category holds the significant
multi-layer ceramic capacitor (MLCC) market
share, accounting for revenue worth 4.8 billion,
and it is expected to rise at a rate of 12.4 in
the coming years. The rising adoption of EVs and
self-driving vehicles in the automotive industry,
with increasing government support for mandatory
ADAS systems, and smart technologies for
automotive manufacturing implementation drives
the market. Moreover, MEMS introduction linked
with ADAS, technical improvements in
infotainment, connected cars developments, and
integration of IoT devices in automobiles,
results in the surging requirement of the
electronic control units, which results in the
growing demand for the high-capacitance MLCCs,
that bolsters the expansion of the multi-layer
ceramic capacitor market. The continuous
technological advancements in the automotive
sector require improvements in the safety
feature, component downsizing, and high
capacitance. In addition, the surge in the usage
of electronic components in vehicles such as
engines, infotainment devices, engines, and
powertrains require MLCCs and thus drive the
market.Request for sample pages of this
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The general capacitors hold a significant share
of the multi-layer ceramic capacitor market,
ascribed to the wide application of the general
capacitors in the market, along with the
availability of a wide range of capacitances and
sizes. It is projected to experience the fastest
growth at a rate of 12.3 in the coming years. In
addition, the growing requirement for general
capacitors in various applications such as
cellular cellphones, DC-DC converters, memory
modules, gaming machines, televisions, and LCDs
drive the market. Moreover, the universal
capacitors help in reducing the noise from
electronic circuits, and their small size
facilitates the easy installation of electronic
equipment.In addition, the high-range voltage
category captures the extensive multi-layer
ceramic capacitor market share, accounting for
48.2, attributed to advanced ceramic dielectric
multi-layering and thin-layer methods widely
utilized in the high-range MLCC capacitors to
facilitate electronic systems with high
capacitance. They are also utilized in various
applications, such as coupling capacitors,
lighting ballasts, high-voltage coupling
capacitors, and inverter circuits.Browse full
report at https//www.psmarketresearch.com/market
-analysis/multi-layer-ceramic-capacitor-mlcc-marke
tFurthermore, the numerous advantages of the
mid-range voltage MLCCs, such as no polarity, low
leakage, low cost, and high capacitance-to-volume
ratio allow application in various electronic
systems. Moreover, electrolytic capacitors have
lower ESL/ESR and stronger mechanical strength
compares to electrolytic capacitors.
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