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High Voltage MLCC Market Size

The High Voltage MLCC Market is projected to experience significant growth over the forecast period, driven by the increasing demand for miniaturized components in portable and connected devices, as well as in the aerospace, defense, and automotive sectors. The market's expansion is further supported by the rising need for reliable components in electric vehicle charging infrastructure and the adoption of advanced technologies in the Asia-Pacific region. This growth trajectory highlights the increasing market size and share of MLCCs, particularly in applications requiring high performance and compact designs.

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Market Size of high voltage mlcc Industry

High Voltage MLCC Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 4.07 Billion
svg icon Market Size (2029) USD 10.87 Billion
svg icon Largest Share by Case Size 0 201
svg icon CAGR (2024 - 2029) 21.68 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration High

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

Key Players

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High Voltage MLCC Market Analysis

The High Voltage MLCC Market size is estimated at 4.07 billion USD in 2024, and is expected to reach 10.87 billion USD by 2029, growing at a CAGR of 21.68% during the forecast period (2024-2029).

4.07 Billion

Market Size in 2024 (USD)

10.87 Billion

Market Size in 2029 (USD)

16.12 %

CAGR (2017-2023)

21.68 %

CAGR (2024-2029)

Fastest Segment by Dielectric Type

34.82 %

Projected CAGR, Class 2, 2024-2029

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The Class 2 MLCCs such as X7R, X5R, and Y5V are used in various end users such as power and utilities, consumer electronics, and automotive. Growing awareness of environmental pollution associated with pollutants from conventional power generation is projected to fuel the growth of solar photovoltaic panels that use these MLCCs.

Largest Segment by Case Size

31.57 %

value share, 0 201, 2023

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The 0201 case-size MLCCs are in high demand due to the miniaturization trends in consumer electronics such as smartphones and the advancement of technology such as 5G.

Largest Segment by Capacitance

47.57 %

value share, Low-Range Capacitance, 2023

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The growth of low-range capacitance MLCCs is due to the increasing focus on the development of advanced medical devices and the proliferation of product launches.

Largest Segment by Mounting Type

47.57 %

value share, Surface Mount, 2023

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The automotive sector is steadily transitioning toward the autonomous era due to favorable government strategies, which may boost the demand for surface-mount MLCCs.

Largest Segment by Region

46.47 %

value share, Asia-Pacific, 2023

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Industries in Asia-Pacific countries like China, India, South Korea, and Japan are boosting automation, robotics, and AI. IoT solutions are also being utilized to improve operational efficiency, increase productivity, and gain an advantage over competitors.

The increasing popularity of portable and connected devices is contributing to achieving compact designs without compromising on performance

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 24.04%, followed by the 0 402 case size segment with 15.81% and the 1 206 case size segment with 15.66% in terms of volume in 2022.
  • The ongoing trend of miniaturization, coupled with the need for higher component density, drives the demand for these components. The increasing popularity of portable and connected devices further contributes to the demand for 0 201 MLCC components, as they enable manufacturers to achieve compact designs without compromising on performance.
  • The usage of 0 1005 MLCCs spans diverse applications. The demand for MLCCs is on the rise in the aerospace and defense sectors, especially for applications such as military aircraft and electronic warfare defense systems like UAVs. The increasing national security concerns and border threats are driving the demand for manned and unmanned aerial vehicles in the defense sector. Governments are taking several measures to boost domestic manufacturing and growth across industries.
  • The compact 0 402 case size is widely adopted as a form factor for surface-mount ceramic capacitors. The automotive industry relies on 0 402 MLCCs for various applications, including engine control units, infotainment systems, ADAS, and lighting control. These capacitors provide reliable performance in harsh automotive environments. The number of electric vehicles in Germany and this expansion in the charging infrastructure may drive the demand for key components like MLCCs in EV charging stations. As the number of charging stations increases, there will likely be a proportional surge in the demand for MLCCs to ensure the smooth operation and reliability of the charging infrastructure.
Global High Voltage MLCC Market

Availability of affordable and energy-efficient robots is surging in Asia-Pacific

  • Asia-Pacific captured the largest market share of 43.00%, followed by North America, with 23.57%, and Europe, with 22.80%, in terms of volume in 2022.
  • Asia-Pacific is at the forefront of rapid technology adoption and digital transformation efforts. China is the world's largest market for industrial robots, largely due to government policies promoting the modernization of the country's manufacturing sector. Policy initiatives include the National High-Tech R&D program, Made in China 2025, and the Robotic Industry Development Program, which require more investments in automation and robotics.
  • The US aerospace and defense sector is one of the largest in terms of infrastructure and manufacturing activities. The market is primarily driven by investments in the aerospace and defense sector and supported by the rising demand for the sector's products by commercial and military end users. Space exploration is expected to evolve and grow due to declining launch costs and technological advancements. Such factors are expected to bolster the prospects of the MLCCs during the forecast period.

High Voltage MLCC Industry Segmentation

Class 1, Class 2 are covered as segments by Dielectric Type. 0 201, 0 402, 0 603, 0 805, 1 206, Others are covered as segments by Case Size. High-Range Capacitance, Low-Range Capacitance, Mid-Range Capacitance 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. Asia-Pacific, Europe, North America are covered as segments by Region.

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 24.04%, followed by the 0 402 case size segment with 15.81% and the 1 206 case size segment with 15.66% in terms of volume in 2022.
  • The ongoing trend of miniaturization, coupled with the need for higher component density, drives the demand for these components. The increasing popularity of portable and connected devices further contributes to the demand for 0 201 MLCC components, as they enable manufacturers to achieve compact designs without compromising on performance.
  • The usage of 0 1005 MLCCs spans diverse applications. The demand for MLCCs is on the rise in the aerospace and defense sectors, especially for applications such as military aircraft and electronic warfare defense systems like UAVs. The increasing national security concerns and border threats are driving the demand for manned and unmanned aerial vehicles in the defense sector. Governments are taking several measures to boost domestic manufacturing and growth across industries.
  • The compact 0 402 case size is widely adopted as a form factor for surface-mount ceramic capacitors. The automotive industry relies on 0 402 MLCCs for various applications, including engine control units, infotainment systems, ADAS, and lighting control. These capacitors provide reliable performance in harsh automotive environments. The number of electric vehicles in Germany and this expansion in the charging infrastructure may drive the demand for key components like MLCCs in EV charging stations. As the number of charging stations increases, there will likely be a proportional surge in the demand for MLCCs to ensure the smooth operation and reliability of the charging infrastructure.
Dielectric Type
Class 1
Class 2
Case Size
0 201
0 402
0 603
0 805
1 206
Others
Capacitance
High-Range Capacitance
Low-Range Capacitance
Mid-Range Capacitance
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
Region
Asia-Pacific
Europe
North America
Rest of the World
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High Voltage MLCC Market Size Summary

The High Voltage MLCC (Multi-Layer Ceramic Capacitor) market is experiencing significant growth, driven by the ongoing trend of miniaturization and the increasing demand for higher component density in various industries. The market is characterized by the rising popularity of portable and connected devices, which necessitate compact designs without compromising performance. The automotive industry, in particular, relies heavily on MLCCs for applications such as engine control units, infotainment systems, and advanced driver-assistance systems (ADAS). The expansion of electric vehicles and the corresponding growth in charging infrastructure further bolster the demand for MLCCs, ensuring the smooth operation and reliability of these systems. Additionally, the aerospace and defense sectors are witnessing increased demand for MLCCs due to national security concerns and the need for advanced electronic warfare defense systems.

Regionally, Asia-Pacific holds the largest market share, driven by rapid technology adoption and digital transformation efforts, particularly in China. The United States also plays a significant role, with its robust aerospace and defense sector contributing to market growth. 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 dominating the landscape. Recent developments, such as the introduction of automotive-grade MLCCs and versatile MLCCs for electric vehicle applications, highlight the industry's focus on meeting the stringent requirements of modern automotive and industrial systems. These advancements underscore the essential role of MLCCs in ensuring the reliability and efficiency of electronic systems across various applications.

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High Voltage 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 0 805

      5. 1.2.5 1 206

      6. 1.2.6 Others

    3. 1.3 Capacitance

      1. 1.3.1 High-Range Capacitance

      2. 1.3.2 Low-Range Capacitance

      3. 1.3.3 Mid-Range Capacitance

    4. 1.4 Mlcc Mounting Type

      1. 1.4.1 Metal Cap

      2. 1.4.2 Radial Lead

      3. 1.4.3 Surface Mount

    5. 1.5 End User

      1. 1.5.1 Aerospace and Defence

      2. 1.5.2 Automotive

      3. 1.5.3 Consumer Electronics

      4. 1.5.4 Industrial

      5. 1.5.5 Medical Devices

      6. 1.5.6 Power and Utilities

      7. 1.5.7 Telecommunication

      8. 1.5.8 Others

    6. 1.6 Region

      1. 1.6.1 Asia-Pacific

      2. 1.6.2 Europe

      3. 1.6.3 North America

      4. 1.6.4 Rest of the World

High Voltage MLCC Market Size FAQs

The Global High Voltage MLCC Market size is expected to reach USD 4.07 billion in 2024 and grow at a CAGR of 21.68% to reach USD 10.87 billion by 2029.

In 2024, the Global High Voltage MLCC Market size is expected to reach USD 4.07 billion.

High Voltage MLCC Market Report Snapshots

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