Market Size of china mlcc Industry
Icons | Lable | Value |
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Study Period | 2017 - 2029 | |
Market Size (2024) | USD 3.41 Billion | |
Market Size (2029) | USD 9.27 Billion | |
Largest Share by Case Size | 0 201 | |
CAGR (2024 - 2029) | 22.12 % | |
Fastest Growing by Case Size | 0 402 | |
Market Concentration | Low | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China MLCC Market Analysis
The China MLCC Market size is estimated at 3.41 billion USD in 2024, and is expected to reach 9.27 billion USD by 2029, growing at a CAGR of 22.12% during the forecast period (2024-2029).
3.41 Billion
Market Size in 2024 (USD)
9.27 Billion
Market Size in 2029 (USD)
23.75 %
CAGR (2017-2023)
22.12 %
CAGR (2024-2029)
Largest Segment by Case Size
36.82 %
value share, 0 201, 2023
The current trend of miniaturization in consumer electronics, such as smartphones, and the advancement of technology like 5G have resulted in the predominance of the 0 201 case-size segment.
Largest Segment by Capacitance
44.83 %
value share, 100µF to 1000µF, 2023
The growth of 100µF-1000µF MLCCs, utilized in industrial automation equipment, is propelled by initiatives like Made in China 2025, reflecting the Chinese market's potential for factory automation.
Fastest Segment by Voltage
22.13 %
Projected CAGR, Less than 500V, 2024-2029
Sub-500V MLCCs, vital in medical devices and consumer electronics, anticipate heightened demand spurred by China's escalating cardiovascular health concerns, potentially driving the MLCC market's growth.
Largest Segment by Mounting Type
38.60 %
value share, Surface Mount, 2023
The shift toward miniaturization and higher component density drives the adoption of surface-mount MLCCs, crucial for mobile and connected devices, enabling slim designs without sacrificing performance.
Fastest Segment by End-user
36.56 %
Projected CAGR, Power and Utilities, 2024-2029
In China, the demand for MLCCs is rising as they play a crucial role in smart meters, ensuring uninterrupted functionality and efficient power management, functioning as energy storage devices during power interruptions.
China's thriving MLCC market through case size dynamics and market growth projections
- In China's dynamic MLCC market, the 0 201 case size segment held a substantial 41.33% of the volume market share in 2022, and it's poised to generate a revenue of USD 3.51 billion by 2029. These miniature MLCCs are pivotal components, finding extensive use in small electronic devices like wearables, medical equipment, and IoT devices. Their remarkable performance within densely populated PCB layouts ensures seamless integration without compromising efficiency. As China gears up to dominate the global 5G market, the demand for 0 201 MLCCs is expected to soar, especially in 5G-enabled smartphones, where compact form factors are crucial.
- The 0 402 case size segment, representing 23.82% of the market share by volume in 2022, is projected to yield USD 2.06 billion by 2029. These compact components, measuring 0.040 inches in length and 0.020 inches in width, are the go-to for consumer electronics, including smartphones, tablets, laptops, and gaming consoles.
- China's 0 603 case size segment, with a 18.78% share of the volume market in 2022, is expected to generate USD 1.71 billion by 2029. These MLCCs, measuring 0.06 inches in length and 0.03 inches in width, are convenient to work with manually, providing advantages in ease of identification and hand soldering.
- The 1 210 case size segment, accounting for 16.07% of the volume market share in 2022 and projecting USD 956.60 million by 2029, offers precise measurements that are crucial for optimal integration on circuit boards and electronic devices. The growth in China's electric vehicle market and advanced smartphone technologies are driving the need for these MLCCs, ensuring dependable performance and supporting modern functionalities.
China MLCC Industry Segmentation
Class 1, Class 2 are covered as segments by Dielectric Type. 0 201, 0 402, 0 603, 1 005, 1 210, Others are covered as segments by Case Size. 500V to 1000V, Less than 500V, More than 1000V are covered as segments by Voltage. 100µF to 1000µF, Less than 100µF, More than 1000µF are covered as segments by Capacitance. Metal Cap, Radial Lead, Surface Mount are covered as segments by Mlcc Mounting Type. Aerospace and Defence, Automotive, Consumer Electronics, Industrial, Medical Devices, Power and Utilities, Telecommunication, Others are covered as segments by End User.
- In China's dynamic MLCC market, the 0 201 case size segment held a substantial 41.33% of the volume market share in 2022, and it's poised to generate a revenue of USD 3.51 billion by 2029. These miniature MLCCs are pivotal components, finding extensive use in small electronic devices like wearables, medical equipment, and IoT devices. Their remarkable performance within densely populated PCB layouts ensures seamless integration without compromising efficiency. As China gears up to dominate the global 5G market, the demand for 0 201 MLCCs is expected to soar, especially in 5G-enabled smartphones, where compact form factors are crucial.
- The 0 402 case size segment, representing 23.82% of the market share by volume in 2022, is projected to yield USD 2.06 billion by 2029. These compact components, measuring 0.040 inches in length and 0.020 inches in width, are the go-to for consumer electronics, including smartphones, tablets, laptops, and gaming consoles.
- China's 0 603 case size segment, with a 18.78% share of the volume market in 2022, is expected to generate USD 1.71 billion by 2029. These MLCCs, measuring 0.06 inches in length and 0.03 inches in width, are convenient to work with manually, providing advantages in ease of identification and hand soldering.
- The 1 210 case size segment, accounting for 16.07% of the volume market share in 2022 and projecting USD 956.60 million by 2029, offers precise measurements that are crucial for optimal integration on circuit boards and electronic devices. The growth in China's electric vehicle market and advanced smartphone technologies are driving the need for these MLCCs, ensuring dependable performance and supporting modern functionalities.
Dielectric Type | |
Class 1 | |
Class 2 |
Case Size | |
0 201 | |
0 402 | |
0 603 | |
1 005 | |
1 210 | |
Others |
Voltage | |
500V to 1000V | |
Less than 500V | |
More than 1000V |
Capacitance | |
100µF to 1000µF | |
Less than 100µF | |
More than 1000µF |
Mlcc Mounting Type | |
Metal Cap | |
Radial Lead | |
Surface Mount |
End User | |
Aerospace and Defence | |
Automotive | |
Consumer Electronics | |
Industrial | |
Medical Devices | |
Power and Utilities | |
Telecommunication | |
Others |
China MLCC Market Size Summary
The China MLCC market is experiencing significant growth, driven by the increasing demand for miniature capacitors in various electronic devices. These components are crucial for the seamless integration of technology in compact form factors, particularly in the burgeoning 5G and electric vehicle sectors. The market is characterized by a diverse range of case sizes, each catering to specific applications such as wearables, medical equipment, and consumer electronics. The rapid expansion of the electric vehicle market and advancements in smartphone technologies are further propelling the demand for MLCCs, ensuring their pivotal role in supporting modern electronic functionalities.
China's automotive industry, one of the fastest-growing globally, is a major contributor to the MLCC market's expansion. The rise in electric vehicle sales and the increasing production of passenger vehicles underscore the country's commitment to eco-friendly transportation solutions. Government policies and incentives have been instrumental in accelerating the adoption of electric vehicles, further boosting the demand for MLCCs in automotive applications. The market is fragmented, with key players like Kyocera, Murata, and Samsung Electro-Mechanics leading the charge in innovation and product development, ensuring the availability of advanced MLCC solutions to meet the evolving needs of the industry.
China MLCC Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Dielectric Type
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1.1.1 Class 1
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1.1.2 Class 2
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1.2 Case Size
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1.2.1 0 201
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1.2.2 0 402
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1.2.3 0 603
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1.2.4 1 005
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1.2.5 1 210
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1.2.6 Others
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1.3 Voltage
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1.3.1 500V to 1000V
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1.3.2 Less than 500V
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1.3.3 More than 1000V
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1.4 Capacitance
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1.4.1 100µF to 1000µF
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1.4.2 Less than 100µF
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1.4.3 More than 1000µF
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1.5 Mlcc Mounting Type
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1.5.1 Metal Cap
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1.5.2 Radial Lead
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1.5.3 Surface Mount
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1.6 End User
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1.6.1 Aerospace and Defence
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1.6.2 Automotive
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1.6.3 Consumer Electronics
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1.6.4 Industrial
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1.6.5 Medical Devices
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1.6.6 Power and Utilities
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1.6.7 Telecommunication
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1.6.8 Others
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China MLCC Market Size FAQs
How big is the China MLCC Market?
The China MLCC Market size is expected to reach USD 3.41 billion in 2024 and grow at a CAGR of 22.12% to reach USD 9.27 billion by 2029.
What is the current China MLCC Market size?
In 2024, the China MLCC Market size is expected to reach USD 3.41 billion.