Market Trends of mlcc Industry
The ongoing trend of miniaturization is propelling the demand
- The lead time data for 01005 MLCCs highlights a stable and consistent demand for these components over the analyzed period. The lead time variations within a relatively narrow range of 15-18 weeks suggest a consistent availability and delivery of 01005 MLCCs. This stability in lead times indicates that suppliers have effectively managed the demand, ensuring a smooth supply chain for manufacturers relying on these components.
- The usage of 01005 MLCCs spans diverse applications, particularly in compact electronic devices such as smartphones, wearables, and IoT devices. Their small form factor and high capacitance make them ideal for space-constrained designs. The demand for these MLCCs is driven by the ongoing trend of miniaturization and the need for higher component density. The usage of 01005 MLCCs extends to a wide range of applications in various industries. In the consumer electronics sector, these MLCCs are vital components in the production of smartphones, wearables, and IoT devices, enabling manufacturers to achieve sleek and compact designs without compromising performance. The automotive industry heavily relies on 01005 MLCCs for advanced driver assistance systems (ADAS), infotainment systems, and engine control units (ECUs), contributing to the overall functionality and connectivity of vehicles. Overall, the widespread usage of 01005 MLCCs across multiple industries underscores their significance in powering and enabling various electronic devices and systems.
- The stability in lead times for 01005 MLCCs helps suppliers meet the demands and ensure a continuous flow of production for electronic devices that rely on these components. This, in turn, prevents potential delays in manufacturing and delivery timelines.
Stringent government regulations increase the penetration of electric vehicles
- Electric vehicles are either partially or fully powered by electric power. MLCCs have emerged as a perfect component for EV electronics and subsystems, offering high-temperature resistance and an easy surface-mount form factor. Approximately 8,000-10,000 MLCCs are used in an electric vehicle. MLCCs in EVs are commonly used in battery management systems, onboard chargers, and DC/DC converters. In addition to meeting the general specifications required for these EV subsystems, plus having the ability to function reliably in harsh environments inside an EV, component manufacturers should also be IATF 16949-certified and compliant with AEC-Q200.
- Electric vehicle shipment amounted to 15.39 million units in 2022 and is expected to increase to 23.76 million units in 2029, registering a CAGR of 9.93% during the forecast period 2023- 2029. Several countries have implemented strict environmental regulations to reduce greenhouse gas emissions and combat climate change. As a result, automakers are under increasing pressure to produce more electric vehicles and reduce their reliance on fossil fuels. Consumers are becoming more environmentally conscious and are looking for more sustainable alternatives to traditional gasoline-powered vehicles.
- The COVID-19 pandemic and the Russia-Ukraine War disrupted global supply chains and heavily impacted the automotive industry. However, in the longer term, the market is witnessing sales growth in some regions of the world as government and corporate efforts to support the deployment of publicly available charging infrastructure provide a solid basis for the increase in EV sales. Publicly accessible chargers worldwide approached 1.8 million, with nearly 500,000 chargers installed in 2021, of which a third were fast chargers.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Uncertainties in the global economy and disruptions within the supply chain are impeding the market
- Worsening financial conditions and policy tightening are stagnating the market's growth
- The weakening dollar index led to a decrease in silver prices
- 0201 MLCC lead times fluctuate with a downward trend, and they are widely used across industries for efficient electronic designs
- 0 402 MLCCs exhibit consistent lead times with balanced supply and demand, fueling efficiency in diverse electronic applications
- 0603 MLCC - HI CV lead times exhibit fluctuations and market dynamics
- 0805 MLCC lead times exhibited a significant decrease
- 0805 MLCC - HI VOLT lead times remained stable with a gradual upward trend, reflecting a consistent supply-demand balance
- 1206 MLCC - HI CV lead times exhibit stability with minor fluctuations, driven by demand and production efficiency improvements
- 1210 to 1825 - HI CV MLCCs: Empowering compact designs with efficient energy storage
- 1210+ MLCC - HI VOLT MLCCs: Handling high voltages with stable performance and fluctuating lead times
- 2220+ MLCC - HI CVs have fluctuating lead times and enhanced production efficiencies
- Infrastructure improvement for hydrogen stations continues to increase sales
- Electric heavy commercial vehicles are expected to have a positive impact on the market
- Development of the e-commerce industry will propel the sales of light commercial vehicles
- Advancements in battery technology will propel PHEV sales
- Increasing awareness about electric bikes may lead to a surge in the demand
- Increasing demand for laptops may stagnate the market’s growth
- The increasing penetration of electric gadgets is driving the sales of HDDs and SSDs
- The transition to digital workflows and virtual collaboration tools is expected to stagnate the sales of printers
- Technological advancements and the availability of 5G technology are influencing the sales of smartphones
- An increase in digitization toward works to enhance business processes is expected to increase sales of tablets
- Supportive government policies for the deployment of public charging infrastructure promotes battery electric vehicle sales
- Increasing emission norms are expected to surge the demand
- Advancements in battery technology is expected to propel PHEV sales
- Nickel prices are soaring as trading conditions boost volatility
- Stringent environmental regulations spurred a surge in palladium demand
- The relaxation of mining industry regulations is increasing the prices
- The increasing popularity of portable and connected devices contributes to the demand
- 0603 MLCC lead times displayed stability with a slight fluctuation
- 0603 MLCC - HI VOLT lead times show variability
- 0805 MLCC - HI CV lead times exhibit fluctuations and trends in supply chain dynamics
- 1206 MLCC lead times exhibit stability with occasional fluctuations, fueled by demand in diverse industries
- Growing demand for 1206 MLCC - HI VOLT components drives lead time fluctuations, while proactive supply chain measures ensure timely deliveries
- Stable lead times with minor fluctuations for 1210 to 1825 MLCCs are widely used in diverse industries
- 2220+ MLCCs meet the demand for fluctuating lead times and versatile applications
- Supportive government policies for the deployment of public charging infrastructure to promote battery electric vehicle sales
- Increasing emission norms are expected to increase the demand for HEVs
- Technological developments, efficiency, and performance boost the demand for ICEVs
- The emergence of global middle-class consumers propels the market
- The rise in technological advancements in vehicles may boost the sales of passenger vehicles
- The increasing disposable incomes of individuals are expected to encourage the uptake of the market
- The integration of newer technologies like 3D and AR/VR gaming is expected to drive the market's growth
- The increasing use of laptops in educational institutions is surging the demand for laptops
- The rising population and growing urbanization have resulted in an increase in refrigerator sales
- Increasing health consciousness among consumers is boosting the demand for smartwatches
- The digital transformation, along with rising internet penetration, is expected to fuel sales of television
- The demand for low-emission vehicle is driving the demand for FCEV sales
- Technological developments, efficiency, and performance boost the demand for ICEVs