The global multi-layer ceramics capacitors market is a moderately growing market and is presumed to surge during the forecast period. The global multi-layer ceramics capacitors market was valued at USD 3.8 billion in 2019 and is presumed to grow at a CAGR of 4.3% during the forecast period. The miniaturization of the capacitors, one of the major growth attribute is mainly due to the increasing efforts of the Original Equipment Manufacturers (OEM) towards consumers’ electronics, Furthermore, increasing penetration of MLCC in consumer electronics and automotive applications and the advent of hybrid and electric vehicle in the automotive segment are some of the factors propelling the growth of the global multi-layer ceramics capacitors market.
Further, the increasing government initiatives towards the adoption of renewable energy has surged the adoption of electric vehicles. Some of its noteworthy benefits comprise the presence of low equivalent series resistance (ESR), which provides excellent frequency characteristics; its high resistance to abnormal voltage thus reducing the risk of failure due to dielectric breakdown. Further, its high performance in comparison to the aluminum electrolytic capacitors due to the small parasitic inductance along with its better stability over the temperature have bolstered the growth of the global multi-layer ceramics capacitors market. Moreover, the growing advancement of IoT also adds to the growth of the multi-layer ceramics capacitors market. However, the shortage of these as very high-voltage ceramic capacitors is not available to hinder the market growth.
Got questions about your regional growth of
Multi-Layer Ceramics Capacitors Market?
Just drop us a line or call on +1 646 480 7505
Multi-Layer Ceramic Capacitors Market: Segmentation
The Middle East and Africa (MEA)
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now