Market Size of consumer electronics mlcc Industry
Icons | Lable | Value |
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Study Period | 2017 - 2029 | |
Market Size (2024) | USD 11.85 Billion | |
Market Size (2029) | USD 28.38 Billion | |
Largest Share by Case Size | 0 201 | |
CAGR (2024 - 2029) | 19.08 % | |
Largest Share by Region | Asia-Pacific | |
Market Concentration | High | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Consumer Electronics MLCC Market Analysis
The Consumer Electronics MLCC Market size is estimated at 11.85 billion USD in 2024, and is expected to reach 28.38 billion USD by 2029, growing at a CAGR of 19.08% during the forecast period (2024-2029).
11.85 Billion
Market Size in 2024 (USD)
28.38 Billion
Market Size in 2029 (USD)
16.91 %
CAGR (2017-2023)
19.08 %
CAGR (2024-2029)
Largest Segment by Device Type
43.47 %
value share, Smartphones, 2023
The increasing demand for smartphones is a result of technological advancements. The introduction of 5G technology is encouraging consumers to upgrade their smartphones for enhanced performance and quicker speeds.
Fastest Segment by Case Size
19.06 %
Projected CAGR, 0 402, 2024-2029
The increasing popularity of portable and connected devices contributes to the demand for 0402 MLCC components, enabling manufacturers to achieve compact designs without compromising performance.
Largest Segment by Voltage
63.28 %
value share, Above 30V, 2023
The demand for Above 30V MLCC MLCCs is increasing due to the emergence of smart consumer electronics, such as ACs and refrigerators that can be operated by smartphones.
Fastest Segment by Capacitance
19.15 %
Projected CAGR, More than 100 μF, 2024-2029
The rapid penetration of the Internet of Things (IoT) in consumer electronics is driving the demand for more than 100 μF MLCCs used in these devices.
Largest Segment by Dielectric Type
68.43 %
value share, Class 2, 2023
The demand for Class 2 MLCCs like X7R and X5R is growing due to the increasing usage of consumer electronics like desktop PCs and Smart TVs, as well as advancements in gaming consoles like augmented reality (AR) and virtual reality (VR).
Case sizes are shaping the consumer electronics MLCC market
- In the global consumer electronics MLCC market, various case sizes, including 0 201, 0 402, 0 603, 1 005, and 1 210, play pivotal roles in ensuring optimal performance across devices. The 0 201 case size segment had revenue of USD 2.63 billion in 2022, which aligned perfectly with the trend of miniaturization in premium smartphones. The segment's growth prospects are promising, with a targeted revenue of USD 7.57 billion by 2028, registering a CAGR of 19.07% during 2023-2028. MLCC with case size 0 201 are compact components vital for capacitor manufacturing, especially in devices incorporating 4G and 5G technologies.
- Premium smartphones, known for their advanced features, including high-resolution displays, advanced cameras, and 5G connectivity, rely on 0 201 MLCCs for power management, noise suppression, and signal quality. Despite fluctuations in premium smartphone production in recent years, adaptable supply chains are essential, particularly for crucial components like 0 201 MLCCs. The 0 402 segment in the consumer electronics MLCC market experienced significant growth, reflecting changing dynamics in the PC, laptop, and Android smartphone markets. [3]
- The 0 603 category plays a crucial role in voltage regulation, filtering, and signal conditioning functions within PCs, laptops, and smartphones. Its moderate capacitance and size make it suitable for various electronic applications. This segment also aligns with Apple's iOS devices, known for their extended lifespans and premium quality. The others segment, encompassing case sizes such as 0 805, 1 812, 2 220, 1 206, and 2 225, and versatile capacitors are essential in maintaining system stability and enhancing device performance across PCs, laptops, and smartphones.
Asia-Pacific is the fastest-growing market with a CAGR of 16.09%
- The global consumer electronics MLCC market is segmented into four key regions: Asia-Pacific, North America, Europe, and the Rest of the World. Each region plays a significant role in shaping the industry's dynamics and growth prospects. Asia-Pacific is the largest and fastest-growing consumer electronics market, witnessing substantial growth in recent years. Factors such as rising disposable incomes, rapid urbanization, and technological advancements have fueled the demand for consumer electronics products. Countries like China, India, Japan, and South Korea are major contributors to the region's market expansion. The region's CAGR from 2022 to 2029 was recorded at an impressive 18.50%, showcasing the potential for sustained expansion.
- North America is a mature and well-established consumer electronics market characterized by high adoption rates and strong consumer demand. The region witnessed a steady increase in market value, starting at USD 362.09 million in 2017 and reaching USD 2.47 billion in 2029.
- Europe is another prominent player in the global consumer electronics landscape, featuring a robust presence of leading manufacturers and brands. The region's consumers show a preference for high-quality, reliable electronic devices. Moreover, there is a growing interest in energy-efficient and sustainable products, as environmental concerns influence purchasing decisions.
- The Rest of the World encompasses various emerging markets with significant untapped potential for consumer electronics. Countries in Latin America, the Middle East, and Africa are gradually becoming key players in the global market. As economies in these regions develop and consumer incomes rise, the demand for electronic devices is witnessing a notable increase.
Consumer Electronics MLCC Industry Segmentation
Air Conditioner, Desktop PCs, Gaming Console, HDDs and SSDs, Laptops, Printers, Refrigerator, Smartphones, Smartwatches, Tablets, Television, Others are covered as segments by Device Type. 0 201, 0 402, 0 603, 1 005, 1 210, Others are covered as segments by Case Size. 10V to 30V, Above 30V, Less than 10V are covered as segments by Voltage. 10 μF to 100 μF, Less than 10 μF, More than 100 μF are covered as segments by Capacitance. Class 1, Class 2 are covered as segments by Dielectric Type. Asia-Pacific, Europe, North America are covered as segments by Region.
- In the global consumer electronics MLCC market, various case sizes, including 0 201, 0 402, 0 603, 1 005, and 1 210, play pivotal roles in ensuring optimal performance across devices. The 0 201 case size segment had revenue of USD 2.63 billion in 2022, which aligned perfectly with the trend of miniaturization in premium smartphones. The segment's growth prospects are promising, with a targeted revenue of USD 7.57 billion by 2028, registering a CAGR of 19.07% during 2023-2028. MLCC with case size 0 201 are compact components vital for capacitor manufacturing, especially in devices incorporating 4G and 5G technologies.
- Premium smartphones, known for their advanced features, including high-resolution displays, advanced cameras, and 5G connectivity, rely on 0 201 MLCCs for power management, noise suppression, and signal quality. Despite fluctuations in premium smartphone production in recent years, adaptable supply chains are essential, particularly for crucial components like 0 201 MLCCs. The 0 402 segment in the consumer electronics MLCC market experienced significant growth, reflecting changing dynamics in the PC, laptop, and Android smartphone markets. [3]
- The 0 603 category plays a crucial role in voltage regulation, filtering, and signal conditioning functions within PCs, laptops, and smartphones. Its moderate capacitance and size make it suitable for various electronic applications. This segment also aligns with Apple's iOS devices, known for their extended lifespans and premium quality. The others segment, encompassing case sizes such as 0 805, 1 812, 2 220, 1 206, and 2 225, and versatile capacitors are essential in maintaining system stability and enhancing device performance across PCs, laptops, and smartphones.
Device Type | |
Air Conditioner | |
Desktop PCs | |
Gaming Console | |
HDDs and SSDs | |
Laptops | |
Printers | |
Refrigerator | |
Smartphones | |
Smartwatches | |
Tablets | |
Television | |
Others |
Case Size | |
0 201 | |
0 402 | |
0 603 | |
1 005 | |
1 210 | |
Others |
Voltage | |
10V to 30V | |
Above 30V | |
Less than 10V |
Capacitance | |
10 μF to 100 μF | |
Less than 10 μF | |
More than 100 μF |
Dielectric Type | |
Class 1 | |
Class 2 |
Region | |
Asia-Pacific | |
Europe | |
North America | |
Rest of the World |
Consumer Electronics MLCC Market Size Summary
The Consumer Electronics MLCC (Multi-Layer Ceramic Capacitor) market is poised for significant growth, driven by the increasing demand for compact and efficient electronic components in devices such as smartphones, PCs, and laptops. The market is characterized by various case sizes, including 0 201, 0 402, and 0 603, each playing a crucial role in enhancing device performance through functions like power management, noise suppression, and signal conditioning. The trend of miniaturization, particularly in premium smartphones, has bolstered the demand for smaller MLCCs, such as the 0 201 case size, which is essential for devices incorporating advanced technologies like 4G and 5G. The market's expansion is further supported by the growing adoption of energy-efficient and sustainable electronic products, particularly in regions like Asia-Pacific, North America, and Europe, where consumer demand for high-quality devices remains strong.
Regionally, the Asia-Pacific market stands out as the largest and fastest-growing, fueled by rising disposable incomes, rapid urbanization, and technological advancements in countries like China, India, Japan, and South Korea. North America and Europe also contribute significantly to the market, with established consumer bases and a preference for reliable and premium electronic devices. The Rest of the World, encompassing emerging markets in Latin America, the Middle East, and Africa, presents untapped potential as economic development and increasing consumer incomes drive demand for electronic devices. Additionally, the air conditioning industry, with its growing need for high-capacitance MLCCs, is expected to contribute to market growth, driven by climate change, urbanization, and the rising acceptance of air conditioning as a utility. The market is fairly consolidated, with major players like Kyocera AVX Components Corporation, Murata Manufacturing Co., Ltd, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd, and Yageo Corporation leading the industry with innovative product developments to meet the evolving demands of consumer electronics.
Consumer Electronics 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 Device Type
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1.1.1 Air Conditioner
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1.1.2 Desktop PCs
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1.1.3 Gaming Console
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1.1.4 HDDs and SSDs
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1.1.5 Laptops
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1.1.6 Printers
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1.1.7 Refrigerator
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1.1.8 Smartphones
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1.1.9 Smartwatches
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1.1.10 Tablets
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1.1.11 Television
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1.1.12 Others
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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 10V to 30V
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1.3.2 Above 30V
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1.3.3 Less than 10V
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1.4 Capacitance
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1.4.1 10 μF to 100 μF
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1.4.2 Less than 10 μF
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1.4.3 More than 100 μF
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1.5 Dielectric Type
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1.5.1 Class 1
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1.5.2 Class 2
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1.6 Region
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1.6.1 Asia-Pacific
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1.6.2 Europe
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1.6.3 North America
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1.6.4 Rest of the World
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Consumer Electronics MLCC Market Size FAQs
How big is the Global Consumer Electronics MLCC Market?
The Global Consumer Electronics MLCC Market size is expected to reach USD 11.85 billion in 2024 and grow at a CAGR of 19.08% to reach USD 28.38 billion by 2029.
What is the current Global Consumer Electronics MLCC Market size?
In 2024, the Global Consumer Electronics MLCC Market size is expected to reach USD 11.85 billion.