Automotive MLCC Market, Growth, Application, Analysis and Forecast to 2030

 

In a recent research report by Market Research Community, the Automotive MLCC market is expected to surpass USD 4,324.93 Million by the year 2030, from USD 2,802.33 Million in 2021.

Automotive MLCC Market is a Multi-Layer Ceramic Capacitor, an electronic device to control the stable current flow in electronic circuits. It is also known as a chip monolithic ceramic capacitor.

The Automotive MLCCs have exceptional attributes including flexibility at low cost, the ability to withstand high voltages, shape, or size, and are considered to be most dependable. Furthermore, the most important attribute that has resulted in the widespread adoption of MLCC is the ability to store multiple elements into a single package. Each MLCC has an end number of layers, and each layer performs as an individual component. This has reduced the usage of additional elements in the circuitry.

Automotive MLCC performs as the center of all the industrial innovations that happened in the last decade. Also, they are considered as one of the enablers of innovations in energy storage, consumer electronics, and telecommunications.

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Further, Automotive MLCC has impacted advanced technologies, like 5G, IoT, and EVs. Also, these advanced technologies are extremely dependent on the accessibility of MLCCs. This has driven the organizations to align the production capacities and product lines, to fulfil the requirements of these advanced technologies.

Moreover, MLCCs are used in various devices including tablets, smartphones, washing machines, and automobiles among others. In the automotive industry the MLCCs are used in electronic control units (ECU), engine control modules (ECM), battery management systems, infotainment systems, and smart cruise control systems among others.

The Automotive MLCC Market is classified into the Types, applications, Dielectric types. The others sub-segment accounted for the largest market share with a revenue of USD 2,802.33 million in 2021. However, Array MLCC is expected to grow with the highest CAGR of 7.5% for the forecast period of 2022-2030.

Market Segmentation:

By Type     

·         General Capacitor

·         Array

·         Mega Cap

·         Other

By Dielectric Type       

·         X7R

·         X5R

·         C0G

·         Y5V

·         Others

By Applications

·         Automotive ECU

·         ADAS

·         Engine

·         Drive Motor

·         Drive Battery

·         Wiring Harness

·         Infotainment

·         Others

By Voltage

·         25 V

·         50 V

·         100 V

By End Users    

·         Automotive

·         Industrial

·         Electronics

·         Telecommunication

The Automotive MLCC Market Factor driving the demand for automotive MLCC in the Asia Pacific region is the support from government policies in increasing the production and adoption of electric vehicles to combat growing pollution in the region. Further, the region is highly dependent on oil and gas from Middle Eastern countries. To reduce the effects of uncertainty of supply and high rises of fuel on the economy, governments in the region are focusing more on electric vehicles. Also, the rising income in the emerging economies is resulting in more investment in vehicles that offer all the latest technologies and provide maximum comfort & safety. Owing to the mentioned trends the market is further anticipated to grow in the region during the forecast period.

By Geography    

North America– (U.S., Canada, Mexico)

Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)

Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)

Latin America- (Brazil, Argentina, Chile, Rest of Latin America)

Middle East and Africa- (GCC, Turkey, South Africa, and the Rest of MEA)

Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Kyocera Corporation, KEMET Corporation, API Technologies (Acquired by J.F. Lehman & Company), Murata Manufacturing Co. Ltd., Vishay Intertechnology Inc., Knowles Precision Devices, Samsung Electro-Mechanics Co. Ltd., TDK Corporation, Würth Elektronik, Taiyo-Yuden Co. Ltd.

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Market Research Community

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