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United Kingdom MLCC Market Size

The United Kingdom MLCC market is projected to experience significant growth over the forecast period, driven by advancements in various sectors such as aerospace, defense, and power utilities. The market's expansion is influenced by the increasing demand for compact MLCCs, particularly in applications requiring reliable power performance, such as communication equipment and smart grid technologies. The government's strategic focus on smart grid infrastructure as a means to boost economic growth and meet carbon reduction goals further underscores the potential for market growth.

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Market Size of united kingdom mlcc Industry

United Kingdom MLCC Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 0.86 Billion
svg icon Market Size (2029) USD 2.53 Billion
svg icon Largest Share by Case Size 0 201
svg icon CAGR (2024 - 2029) 23.95 %
svg icon Fastest Growing by Case Size 0 201
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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United Kingdom MLCC Market Analysis

The United Kingdom MLCC Market size is estimated at 0.86 billion USD in 2024, and is expected to reach 2.53 billion USD by 2029, growing at a CAGR of 23.95% during the forecast period (2024-2029).

0.86 Billion

Market Size in 2024 (USD)

2.53 Billion

Market Size in 2029 (USD)

39.62 %

CAGR (2017-2023)

23.95 %

CAGR (2024-2029)

Largest Segment by Case Size

33.35 %

value share, 0 201, 2023

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Their small size and high capacitance make them suitable for space-constrained electronic designs. These MLCCs provide reliable performance and contribute to the miniaturization and efficiency of electronic devices.

Fastest Segment by Voltage

24.43 %

Projected CAGR, Less than 500V, 2024-2029

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The automotive industry is gradually transitioning toward an autonomous era due to favorable government initiatives, thus boosting the demand for less than 500V MLCCs.

Largest Segment by Capacitance

44.83 %

value share, 100µF to 1000µF, 2023

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Solar photovoltaics in the United Kingdom are experiencing a surge in demand due to the expansion of distributed energy systems and the government's support of renewable energy policies. The cost of solar modules and related systems is expected to decrease, increasing the demand for PV installations in the country. This factor is expected to increase the demand for 100µF-1000µF capacitance MLCCs.

Largest Segment by Mounting Type

61.27 %

value share, Metal Cap, 2023

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The emergence of the concept of connected enterprises is fueling the growth of the UK industrial automation market, wherein these metal cap MLCCs are used.

Fastest Segment by End-user

25.88 %

Projected CAGR, Automotive, 2024-2029

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The UK government is focused on shifting toward electric and autonomous vehicles (EV and AV). Rising concerns among the population toward road safety and favorable government regulations are supporting the growth of ADAS technology in the country.

The government’s increasing investments in military equipment and the rapid expansion of the telecommunication sector are driving MLCC demand

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 36.20%, followed by the 0 402 case size segment with 18.92% and the 0 603 case size segment with 14.08% in terms of volume in 2022.
  • The 0 603 MLCC is among the most compact available, thus increasing the component density of the circuit board. As the UK's aerospace and defense sector invests in advanced technologies and systems, such as communication equipment and unmanned aerial vehicles (UAVs), the need for 0 603 MLCCs with X7R dielectric with mid capacitance of 100uF-1000uF is expected to grow due to their essential role in sustaining dependable and efficient power performance.
  • The demand for 0 402 MLCCs is being driven by the power and utilities sector. Factors such as increased investment and deployment of smart grid technologies such as smart meters, EV chargers, and other associated smart grid infrastructure technologies in the United Kingdom are expected to drive the market in the coming years. The UK government is increasingly considering smart grid technology as a strategic infrastructure investment that will contribute to the country's economic growth in the long term and enable the achievement of its carbon emission reduction objectives.
United Kingdom MLCC Market

United Kingdom 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.

  • The 0 201 case size segment emerged as the frontrunner, capturing the largest market share of 36.20%, followed by the 0 402 case size segment with 18.92% and the 0 603 case size segment with 14.08% in terms of volume in 2022.
  • The 0 603 MLCC is among the most compact available, thus increasing the component density of the circuit board. As the UK's aerospace and defense sector invests in advanced technologies and systems, such as communication equipment and unmanned aerial vehicles (UAVs), the need for 0 603 MLCCs with X7R dielectric with mid capacitance of 100uF-1000uF is expected to grow due to their essential role in sustaining dependable and efficient power performance.
  • The demand for 0 402 MLCCs is being driven by the power and utilities sector. Factors such as increased investment and deployment of smart grid technologies such as smart meters, EV chargers, and other associated smart grid infrastructure technologies in the United Kingdom are expected to drive the market in the coming years. The UK government is increasingly considering smart grid technology as a strategic infrastructure investment that will contribute to the country's economic growth in the long term and enable the achievement of its carbon emission reduction objectives.
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
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United Kingdom MLCC Market Size Summary

The United Kingdom MLCC market is poised for significant growth, driven by advancements in various sectors such as aerospace, defense, and power utilities. The demand for MLCCs, particularly the 0 603 case size, is expected to rise due to their compact nature, which enhances circuit board component density. This is crucial as the aerospace and defense industries invest in sophisticated technologies like UAVs and communication systems. Meanwhile, the power and utilities sector is increasingly adopting smart grid technologies, including smart meters and EV chargers, which are anticipated to boost the market further. The UK government's strategic focus on smart grid infrastructure as a means to foster economic growth and meet carbon reduction targets is a key factor in this expansion.

In the automotive sector, the UK market is adapting to the shift towards new energy vehicles, with a growing emphasis on ultra-low and zero-emission light commercial vehicles. Despite challenges such as the pandemic, global chip shortages, and Brexit-related trade changes, the production of light commercial vehicles has shown resilience. The passenger car market, although facing a decline, remains robust with a diverse range of models catering to varying fuel types. The impending ban on new gas- and diesel-powered vehicles by 2030 is expected to further drive the demand for electric cars. The MLCC market is moderately consolidated, with major players like Murata Manufacturing and Samsung Electro-Mechanics leading the charge in developing innovative solutions to meet the evolving demands of automotive and industrial applications.

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United Kingdom 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

United Kingdom MLCC Market Size FAQs

The United Kingdom MLCC Market size is expected to reach USD 863.69 million in 2024 and grow at a CAGR of 23.95% to reach USD 2.53 billion by 2029.

In 2024, the United Kingdom MLCC Market size is expected to reach USD 863.69 million.

United Kingdom MLCC Market Report Snapshots

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