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Europe MLCC Market Size

The Europe MLCC market is projected to experience significant growth over the forecast period, driven by advancements in various sectors such as aerospace, defense, telecommunications, and consumer electronics. The demand for specific case sizes, particularly the 0 402 and 0 603, is increasing due to their critical applications in communication equipment, unmanned aerial vehicles, and 5G base station deployments. Germany and the United Kingdom are leading in market share, with Germany's automotive sector and the UK's consumer electronics manufacturing playing pivotal roles in market expansion. The trend towards miniaturization in medical devices and the rise of electric vehicles further contribute to the increasing market size of multi-layer ceramic capacitors in Europe.

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Market Size of europe mlcc Industry

Europe MLCC Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 3.73 Billion
svg icon Market Size (2029) USD 10.08 Billion
svg icon Largest Share by Case Size 0 201
svg icon CAGR (2024 - 2029) 21.99 %
svg icon Largest Share by Country Germany
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Europe MLCC Market Analysis

The Europe MLCC Market size is estimated at 3.73 billion USD in 2024, and is expected to reach 10.08 billion USD by 2029, growing at a CAGR of 21.99% during the forecast period (2024-2029).

3.73 Billion

Market Size in 2024 (USD)

10.08 Billion

Market Size in 2029 (USD)

18.20 %

CAGR (2017-2023)

21.99 %

CAGR (2024-2029)

Largest Segment by Case Size

37.35 %

value share, 0 201, 2023

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The ongoing miniaturization trend in consumer electronics like smartphones due to technological advancements like 5G is increasing the demand for compact 0201 case sizes.

Largest Segment by Capacitance

44.83 %

value share, 100µF to 1000µF, 2023

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These MLCCs are used in various industries, such as consumer electronics, automotive, and power and utilities. The region is among the biggest producers of motor vehicles with strong infrastructure, an extensive network of suppliers, etc. This solid foundation allows the automotive industry to flourish and drive innovation efficiently, thereby increasing the demand for 100µF-1000µF capacitance MLCCs.

Largest Segment by Mounting Type

44.60 %

value share, Surface Mount, 2023

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The European commercial and industrial sector is flourishing due to the growth of the regional automotive and IT industries. Favorable business conditions and growing individual economies are expected to improve the demand for LED lighting in the region wherein these surface-mount MLCCs are used.

Fastest Segment by End-user

42.52 %

Projected CAGR, Automotive, 2024-2029

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The automotive industry in the region is expected to experience a surge in production due to an increase consumer demand for safe and comfortable automobiles

Largest Segment by Country

37.09 %

value share, Germany, 2023

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Germany is Europe’s biggest automotive market due to the largest concentration of OEM (Original Equipment Manufacturers) plants. Increased demand for fuel-efficient, high-performance, and low-emission cars, as well as severe government laws and regulations on vehicle emissions, also contribute to the growth of electric vehicles in the country.

5G base station rollouts and the growing military spending in the region are driving the need for MLCCs

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 34.55%, followed by the 0 402 case size segment with 19.57% and the 0 603 case size segment with 14.10% in terms of volume in 2022.
  • The case size of 0 402 is among the most compact available, thus increasing the component density of the circuit board. As the European aerospace and defense sector invests in advanced technologies and systems, such as communication equipment and unmanned aerial vehicles (UAVs), the need for 0 402 MLCCs with X7R dielectric with a mid capacitance of 100uF-1000uF is expected to grow due to their essential role in sustaining dependable and efficient power performance. Medical device designers are currently working to develop innovative device designs to reduce the size of ICDs and pacemakers further. These devices must be as small as possible, as they are both contained within the human body. The development of lead-free pacemakers is currently underway, and they are estimated to be approximately one-tenth the size of a traditional pacemaker. Therefore, further miniaturization of the electrical components used in these devices, including capacitors, may be necessary.
  • The demand for 0 603 MLCCs is being driven by the telecommunications industry. The European telecommunications sector is focusing on rapid 5G base station deployment, thus increasing the demand for 0 603 case size MLCCs with X5R dielectric.
Europe MLCC Market

The increasing usage of consumer electronics like 5G-enabled smartphones and new technological advancements like AR and VR are driving the MLCC demand

  • Germany emerged as the frontrunner, capturing the largest market share of 25.07%, followed by the United Kingdom, with 14.99%, in terms of volume in 2022.
  • The United Kingdom's consumer electronics manufacturing sector is gaining traction. Consumer electronics markets in countries like the United Kingdom are expected to grow rapidly in the coming years. 5G networks, smart homes, AR and VR technologies, and the constant evolution of consumer electronics devices with enhanced features may also contribute to this growth. As a result, the demand for installed multi-layer ceramic capacitors (MLCCs) of the surface-mount type of 0 201 case size, with a low capacitance below 100uF, is expected to grow.
  • The German automotive sector is one of the biggest contributors to the country's economic growth. As a result, the demand for X7R MLCCs is on the rise. An engine-powered vehicle without an automatic driving feature typically needs around 3,000 MLCCs, whereas an electric vehicle (EV) typically requires 8,000-10,000 MLCCs. The current state of the automotive sector can be seen in the rapid technological development taking place in Germany. In addition, the German government's regulations, incentives, and discounts, as well as the growing awareness of e-mobility, are driving consumers to purchase EVs.

Europe 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. Germany, United Kingdom, Others are covered as segments by Country.

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 34.55%, followed by the 0 402 case size segment with 19.57% and the 0 603 case size segment with 14.10% in terms of volume in 2022.
  • The case size of 0 402 is among the most compact available, thus increasing the component density of the circuit board. As the European aerospace and defense sector invests in advanced technologies and systems, such as communication equipment and unmanned aerial vehicles (UAVs), the need for 0 402 MLCCs with X7R dielectric with a mid capacitance of 100uF-1000uF is expected to grow due to their essential role in sustaining dependable and efficient power performance. Medical device designers are currently working to develop innovative device designs to reduce the size of ICDs and pacemakers further. These devices must be as small as possible, as they are both contained within the human body. The development of lead-free pacemakers is currently underway, and they are estimated to be approximately one-tenth the size of a traditional pacemaker. Therefore, further miniaturization of the electrical components used in these devices, including capacitors, may be necessary.
  • The demand for 0 603 MLCCs is being driven by the telecommunications industry. The European telecommunications sector is focusing on rapid 5G base station deployment, thus increasing the demand for 0 603 case size MLCCs with X5R dielectric.
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
Country
Germany
United Kingdom
Others
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Europe MLCC Market Size Summary

The Europe MLCC market is poised for significant growth, driven by advancements in various sectors such as aerospace, defense, telecommunications, and automotive. The demand for multi-layer ceramic capacitors (MLCCs) is increasing due to their critical role in enhancing the performance and miniaturization of electronic components. In the aerospace and defense industries, the need for compact and efficient MLCCs is rising as these sectors invest in advanced technologies like UAVs and communication equipment. Similarly, the telecommunications industry is experiencing a surge in demand for MLCCs, particularly with the rapid deployment of 5G base stations. The automotive sector, especially in Germany, is a major contributor to the market's expansion, with the growing adoption of electric vehicles and the need for sophisticated electronic systems driving the demand for MLCCs.

The market landscape is moderately consolidated, with key players such as Kyocera AVX Components Corporation, Murata Manufacturing Co., Ltd, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd, and Yageo Corporation leading the charge. These companies are actively developing new MLCC products to meet the evolving needs of various industries. For instance, KEMET has introduced automotive-grade MLCCs designed to withstand high voltage requirements, while Murata's EVA series caters to electric vehicle manufacturers by offering versatile applications. The regulatory environment, including CO2 emissions reduction targets and the installation of onboard fuel and energy consumption monitoring devices, is also shaping the market dynamics, creating opportunities for MLCC manufacturers to innovate and expand their offerings. As the European market continues to evolve, the demand for MLCCs is expected to grow, supported by technological advancements and regulatory initiatives.

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Europe MLCC Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Dielectric Type

      1. 1.1.1 Class 1

      2. 1.1.2 Class 2

    2. 1.2 Case Size

      1. 1.2.1 0 201

      2. 1.2.2 0 402

      3. 1.2.3 0 603

      4. 1.2.4 1 005

      5. 1.2.5 1 210

      6. 1.2.6 Others

    3. 1.3 Voltage

      1. 1.3.1 500V to 1000V

      2. 1.3.2 Less than 500V

      3. 1.3.3 More than 1000V

    4. 1.4 Capacitance

      1. 1.4.1 100µF to 1000µF

      2. 1.4.2 Less than 100µF

      3. 1.4.3 More than 1000µF

    5. 1.5 Mlcc Mounting Type

      1. 1.5.1 Metal Cap

      2. 1.5.2 Radial Lead

      3. 1.5.3 Surface Mount

    6. 1.6 End User

      1. 1.6.1 Aerospace and Defence

      2. 1.6.2 Automotive

      3. 1.6.3 Consumer Electronics

      4. 1.6.4 Industrial

      5. 1.6.5 Medical Devices

      6. 1.6.6 Power and Utilities

      7. 1.6.7 Telecommunication

      8. 1.6.8 Others

    7. 1.7 Country

      1. 1.7.1 Germany

      2. 1.7.2 United Kingdom

      3. 1.7.3 Others

Europe MLCC Market Size FAQs

The Europe MLCC Market size is expected to reach USD 3.73 billion in 2024 and grow at a CAGR of 21.99% to reach USD 10.08 billion by 2029.

In 2024, the Europe MLCC Market size is expected to reach USD 3.73 billion.

Europe MLCC Market Report Snapshots

Europe MLCC Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029