logo

Smartphone MLCC Market Size

The smartphone MLCC market is experiencing significant growth, driven by the increasing demand for compact capacitors in space-constrained smartphone designs and the proliferation of 5G-enabled devices. This demand is particularly notable for specific MLCC case sizes that balance dimensions and capacitance, catering to the needs of modern electronic devices. The market's expansion is further fueled by technological advancements and the rise of digital connectivity, with regions such as Asia-Pacific, Europe, North America, and the Middle East witnessing transformative changes. These developments underscore the critical role of MLCCs in supporting the evolving landscape of mobile technology and connectivity.

INSTANT ACCESS

Home right-chevron-icon Market Analysis right-chevron-icon Technology, Media and Telecom Research right-chevron-icon Electronics Research right-chevron-icon Smartphone MLCC Market right-chevron-icon Market Size

Market Size of smartphone mlcc Industry

Smartphone MLCC Market Summary
share button
svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 5.35 Billion
svg icon Market Size (2029) USD 11.58 Billion
svg icon Largest Share by Case Size 0 201
svg icon CAGR (2024 - 2029) 16.72 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration Medium

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

Smartphone MLCC Market Analysis

The Smartphone MLCC Market size is estimated at 5.35 billion USD in 2024, and is expected to reach 11.58 billion USD by 2029, growing at a CAGR of 16.72% during the forecast period (2024-2029).

5.35 Billion

Market Size in 2024 (USD)

11.58 Billion

Market Size in 2029 (USD)

21.48 %

CAGR (2017-2023)

16.72 %

CAGR (2024-2029)

Largest Segment by Technology

72.97 %

value share, 5G Smartphones, 2023

Icon image

The technology segment is dominated by 5G smartphones. Rising demand for high-speed data connectivity for integrated IoT applications, such as smart home products and energy management, is estimated to propel the adoption of 5G smartphones over the forecast period.

Fastest Segment by Operating System

19.63 %

Projected CAGR, iOS, 2024-2029

Icon image

Apple's emphasis is on providing superior customer experience, creative designs, and high-quality products. The introduction of its latest flagship, the iPhone 14 Pro Max, has further strengthened Apple's position in the market and brought more users to the platform.

Largest Segment by Case Size

31.57 %

value share, 0 201, 2023

Icon image

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

Fastest Segment by Dielectric Type

16.92 %

Projected CAGR, Class 2, 2024-2029

Icon image

X5R and X7R are the fastest-growing Class 2 dielectric types due to the increasing usage of consumer electronics like smartphones and advancements in 5G technology.

Largest Segment by Region

46.47 %

value share, Asia-Pacific, 2023

Icon image

Asia-Pacific is one of the significant markets for smartphones, primarily due to the highly developing telecom sector and large customer base. The region is also increasingly investing in its mobile network.

The smartphone MLCC market is being propelled by compact solutions provided by various case sizes

  • The utilization of compact MLCCs is strategically targeted toward the intricate designs of space-constrained smartphones. The incorporation of compact 0 201 MLCCs is specifically tailored to address the intricate design challenges presented by space-constrained smartphones.
  • The proliferation of 5G-enabled devices, ranging from laptops to specialized industry tools, has a direct and consequential impact on the demand for MLCCs. Notably, 1 201 MLCCs, renowned for their compact form factor and compatibility with diminutive electronic devices, are projected to record a surge in demand. As 5G technology transcends the realm of smartphones, manufacturers engaging in the production of laptops, drones, and an array of other cutting-edge gadgets seek reliable and efficient MLCC components.
  • Building upon this continuum, the 0 402 MLCCs, slightly larger than their 0 201 counterparts, effectively strike an optimal balance between dimensions and capacitance. The 0 603 MLCCs introduce a facet of versatility by catering adeptly to applications necessitating moderate levels of capacitance.
  • An underlying trend of notable significance lies within the realm of the smartphone MLCC market, i.e., the meteoric rise in the demand for the 0 402 case size. This surge is attributed to the rise of 5G technology, which fuels the demand for these capacitors.
  • As consumers enthusiastically adopt wireless home broadband access, the requisition for 5G routers and associated devices experiences a corresponding surge, thereby augmenting the demand landscape for these critical MLCCs.
Global Smartphone MLCC Market

Regional dynamics are shaping the smartphone MLCC market

  • The smartphone MLCC market is poised for substantial growth across various regions, reflecting the transformative trends and technological advancements driving the demand.
  • Asia-Pacific is witnessing significant changes in the smartphone MLCC market due to rapid technological advancements and digital connectivity growth. With over 3 billion projected smartphone connections by 2030 and a 94% adoption rate, the demand for MLCCs is substantial. 5G technology and IoT expansion drive the rising demand, positioning the region as a key player in the global tech landscape.
  • Europe's smartphone market is evolving with the rise of 5G technology, impacting MLCC demand. A 70% 5G network coverage by 2025 is anticipated to drive the need for advanced components. IoT growth and changing smartphone adoption rates across markets offer diverse opportunities for MLCC manufacturers, emphasizing their role in expansion.
  • Driven by rapid 5G evolution, the North American smartphone MLCC market is in a transformative phase. Ambitious 5G deployment plans in the United States and Canada boost the demand for enhanced connectivity and signal processing, fueling MLCC demand. The region's strong mobile technology contribution to GDP underscores the critical role of MLCCs in technological advancement.
  • The Rest of the World, including the Middle East, North Africa, and Sub-Saharan Africa, presents a dynamic landscape for the smartphone MLCC market. Mobile technologies drive economic growth and demand for MLCCs in MENA, while Sub-Saharan Africa's mobile revolution spurs smartphone adoption, impacting MLCC requirements. Despite challenges, the region's adoption of technology positions it for sustained growth in the smartphone MLCC market.

Smartphone MLCC Industry Segmentation

4G Smartphones, 5G Smartphones, Others are covered as segments by Technology. Android, iOS are covered as segments by Operating System. 0 201, 0 402, 0 603, 0 805, 1 210, Others are covered as segments by Case Size. 10V to 20V, Above 20V, 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. Budget smartphones (Less than USD 300), Mid-range smartphones (USD 300 - USD 700), Premium smartphones (More than USD 700) are covered as segments by Price Range. Asia-Pacific, Europe, North America are covered as segments by Region.

  • The utilization of compact MLCCs is strategically targeted toward the intricate designs of space-constrained smartphones. The incorporation of compact 0 201 MLCCs is specifically tailored to address the intricate design challenges presented by space-constrained smartphones.
  • The proliferation of 5G-enabled devices, ranging from laptops to specialized industry tools, has a direct and consequential impact on the demand for MLCCs. Notably, 1 201 MLCCs, renowned for their compact form factor and compatibility with diminutive electronic devices, are projected to record a surge in demand. As 5G technology transcends the realm of smartphones, manufacturers engaging in the production of laptops, drones, and an array of other cutting-edge gadgets seek reliable and efficient MLCC components.
  • Building upon this continuum, the 0 402 MLCCs, slightly larger than their 0 201 counterparts, effectively strike an optimal balance between dimensions and capacitance. The 0 603 MLCCs introduce a facet of versatility by catering adeptly to applications necessitating moderate levels of capacitance.
  • An underlying trend of notable significance lies within the realm of the smartphone MLCC market, i.e., the meteoric rise in the demand for the 0 402 case size. This surge is attributed to the rise of 5G technology, which fuels the demand for these capacitors.
  • As consumers enthusiastically adopt wireless home broadband access, the requisition for 5G routers and associated devices experiences a corresponding surge, thereby augmenting the demand landscape for these critical MLCCs.
Technology
4G Smartphones
5G Smartphones
Others
Operating System
Android
iOS
Case Size
0 201
0 402
0 603
0 805
1 210
Others
Voltage
10V to 20V
Above 20V
Less than 10V
Capacitance
10 μF to 100 μF
Less than 10 μF
More than 100 μF
Dielectric Type
Class 1
Class 2
Price Range
Budget smartphones (Less than USD 300)
Mid-range smartphones (USD 300 - USD 700)
Premium smartphones (More than USD 700)
Region
Asia-Pacific
Europe
North America
Rest of the World
customize-icon Need A Different Region Or Segment?
Customize Now

Smartphone MLCC Market Size Summary

The smartphone MLCC market is experiencing significant growth, driven by the increasing demand for compact and efficient components in space-constrained devices like smartphones. The rise of 5G technology is a major catalyst, as it necessitates the use of MLCCs with higher capacitance to support enhanced data throughput and power demands. This demand is further fueled by the proliferation of 5G-enabled devices, including laptops and specialized industry tools, which require reliable MLCC components. The market is characterized by the adoption of various MLCC sizes, such as the 0 201, 0 402, and 0 603, each catering to different application needs. The Asia-Pacific region, in particular, is witnessing substantial growth due to rapid technological advancements and the expansion of digital connectivity, positioning it as a key player in the global tech landscape.

The smartphone MLCC market is moderately 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. These companies are actively innovating to meet the evolving demands of the market, as evidenced by recent product developments such as Kyocera's smallest MLCC and YAGEO's high-efficiency LLC circuit MLCC. The market's growth trajectory is supported by the increasing adoption of 5G smartphones, which offer faster data speeds and enhanced user experiences, driving consumers to upgrade their devices. Despite challenges like the COVID-19 pandemic affecting supply chains, the market is poised for continued expansion, with MLCCs playing a critical role in the performance and functionality of modern smartphones.

Explore More >

Smartphone 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 Technology

      1. 1.1.1 4G Smartphones

      2. 1.1.2 5G Smartphones

      3. 1.1.3 Others

    2. 1.2 Operating System

      1. 1.2.1 Android

      2. 1.2.2 iOS

    3. 1.3 Case Size

      1. 1.3.1 0 201

      2. 1.3.2 0 402

      3. 1.3.3 0 603

      4. 1.3.4 0 805

      5. 1.3.5 1 210

      6. 1.3.6 Others

    4. 1.4 Voltage

      1. 1.4.1 10V to 20V

      2. 1.4.2 Above 20V

      3. 1.4.3 Less than 10V

    5. 1.5 Capacitance

      1. 1.5.1 10 μF to 100 μF

      2. 1.5.2 Less than 10 μF

      3. 1.5.3 More than 100 μF

    6. 1.6 Dielectric Type

      1. 1.6.1 Class 1

      2. 1.6.2 Class 2

    7. 1.7 Price Range

      1. 1.7.1 Budget smartphones (Less than USD 300)

      2. 1.7.2 Mid-range smartphones (USD 300 - USD 700)

      3. 1.7.3 Premium smartphones (More than USD 700)

    8. 1.8 Region

      1. 1.8.1 Asia-Pacific

      2. 1.8.2 Europe

      3. 1.8.3 North America

      4. 1.8.4 Rest of the World

Smartphone MLCC Market Size FAQs

The Global Smartphone MLCC Market size is expected to reach USD 5.35 billion in 2024 and grow at a CAGR of 16.72% to reach USD 11.58 billion by 2029.

In 2024, the Global Smartphone MLCC Market size is expected to reach USD 5.35 billion.

Smartphone MLCC Market Report Snapshots

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