The Asia Pacific Multi-Layer Ceramic Capacitor Market is expected to witness market growth of 5.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Multi-layer Ceramic Capacitor Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.67 billion by 2031. The Japan market is registering a CAGR of 5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 6.4% during 2024-2031.
Innovation in the market is a relentless pursuit driven by the need to meet evolving technical demands and competitive pressures. Manufacturers are developing MLCCs with unprecedented capacitance levels in ultra-compact sizes, such as the 006003-inch MLCCs introduced by industry leaders in recent years, which offer significant space savings without compromising performance. Advances in ceramic materials, such as improved barium titanate formulations, enhance temperature stability and energy density, enabling MLCCs to perform reliably in harsh conditions.
Moreover, new manufacturing techniques, including precise layering and electrode design, have reduced defects and improved yield, addressing past supply shortages. Automotive-grade MLCCs with metal frames and enhanced durability are gaining traction, particularly for EV applications, while innovations in high-frequency MLCCs support the rollout of 5G and beyond. Some companies are even exploring MLCCs for energy storage in regenerative braking systems, hinting at future applications in sustainable technologies. These innovations and strategic investments in research and development ensure that the market remains at the forefront of electronic component evolution.
India’s hospital industry, which constitutes 80% of the entire healthcare sector, is attracting strong international and domestic investments, leading to expanding healthcare facilities and adopting advanced medical technologies. With the Indian healthcare sector expected to have reached $132 billion by 2023, the increased deployment of medical imaging systems, diagnostic equipment, patient monitoring devices, and telemedicine solutions directly contributes to the demand for high-performance MLCCs. These capacitors ensure stability, miniaturization, and high-frequency performance in medical electronics. Additionally, India’s rising medical exports and manufacturing initiatives - such as the Production-Linked Incentive (PLI) scheme for medical devices - further boost the local production and demand for MLCCs in healthcare applications.
The China market dominated the Asia Pacific Multi-layer Ceramic Capacitor Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.67 billion by 2031. The Japan market is registering a CAGR of 5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 6.4% during 2024-2031.
Innovation in the market is a relentless pursuit driven by the need to meet evolving technical demands and competitive pressures. Manufacturers are developing MLCCs with unprecedented capacitance levels in ultra-compact sizes, such as the 006003-inch MLCCs introduced by industry leaders in recent years, which offer significant space savings without compromising performance. Advances in ceramic materials, such as improved barium titanate formulations, enhance temperature stability and energy density, enabling MLCCs to perform reliably in harsh conditions.
Moreover, new manufacturing techniques, including precise layering and electrode design, have reduced defects and improved yield, addressing past supply shortages. Automotive-grade MLCCs with metal frames and enhanced durability are gaining traction, particularly for EV applications, while innovations in high-frequency MLCCs support the rollout of 5G and beyond. Some companies are even exploring MLCCs for energy storage in regenerative braking systems, hinting at future applications in sustainable technologies. These innovations and strategic investments in research and development ensure that the market remains at the forefront of electronic component evolution.
India’s hospital industry, which constitutes 80% of the entire healthcare sector, is attracting strong international and domestic investments, leading to expanding healthcare facilities and adopting advanced medical technologies. With the Indian healthcare sector expected to have reached $132 billion by 2023, the increased deployment of medical imaging systems, diagnostic equipment, patient monitoring devices, and telemedicine solutions directly contributes to the demand for high-performance MLCCs. These capacitors ensure stability, miniaturization, and high-frequency performance in medical electronics. Additionally, India’s rising medical exports and manufacturing initiatives - such as the Production-Linked Incentive (PLI) scheme for medical devices - further boost the local production and demand for MLCCs in healthcare applications.
List of Key Companies Profiled
- Murata Manufacturing Co., Ltd.
- TAIYO YUDEN CO., LTD.
- Kyocera Corporation
- Yageo Corporation
- TDK Corporation
- Walsin Technology Corporation
- Panasonic Holdings Corporation
- Kemet Corporation
- Vishay Intertechnology, Inc.
- Darfon Electronics Corporation
- Samsung Electro-Mechanics Co., Ltd. (Samsung Group)
Market Report Segmentation
By Rated Voltage Range
- Low Range (Up to 50 V)
- Mid-range (100 V - 630 V)
- High Range (1,000 V & above)
By Case Size
- 603-1,206 Inches
- Less than 603 Inches
- More than 1,206 Inches
By Type
- General Capacitor
- Array
- Serial Construction
- Mega Cap
- Other Type
By Dielectric Type
- X7R
- X5R
- C0G
- Y5V
- Other Dielectric Type
By End-use
- Electronics
- Automotive
- Industrial
- Telecommunication
- Data Transmission
- Other End-use
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Multi-layer Ceramic Capacitor Market by Rated Voltage Range
Chapter 6. Asia Pacific Multi-layer Ceramic Capacitor Market by Case Size
Chapter 7. Asia Pacific Multi-layer Ceramic Capacitor Market by Type
Chapter 8. Asia Pacific Multi-layer Ceramic Capacitor Market by Dielectric Type
Chapter 9. Asia Pacific Multi-layer Ceramic Capacitor Market by End-use
Chapter 10. Asia Pacific Multi-layer Ceramic Capacitor Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Murata Manufacturing Co., Ltd.
- TAIYO YUDEN CO., LTD.
- Kyocera Corporation
- Yageo Corporation
- TDK Corporation
- Walsin Technology Corporation
- Panasonic Holdings Corporation
- Kemet Corporation
- Vishay Intertechnology, Inc.
- Darfon Electronics Corporation
- Samsung Electro-Mechanics Co., Ltd. (Samsung Group)
Methodology
LOADING...