MLCC and Thick Film Chip Resistors Market was valued at USD 17.5 Billion in 2022 and is projected to reach USD 28 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The global MLCC (Multilayer Ceramic Chip Capacitors) and Thick Film Chip Resistors market was valued at approximately USD 20.3 billion in 2022. The market is anticipated to expand at a compound annual growth rate (CAGR) of around 7.4% from 2022 to 2027. The growth is driven by the increasing demand for electronic devices and advancements in automotive, consumer electronics, and telecommunications sectors. The robust application of MLCCs in smartphones, tablets, and other high-performance electronics fuels their demand, while thick film chip resistors are widely used in high-precision applications, including automotive electronics and industrial machinery.
Opportunity analysis reveals a significant potential for market expansion, particularly in emerging markets. The Asia-Pacific region, with its rapid industrialization and growing electronics manufacturing sector, represents a substantial growth opportunity. Furthermore, the increasing adoption of IoT (Internet of Things) devices and the rise of electric vehicles (EVs) are expected to drive the demand for both MLCCs and thick film chip resistors. Technological advancements in miniaturization and enhanced performance capabilities of these components are likely to create additional opportunities for market growth in the coming years.
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Murata Manufacturing
AVX
Panasonic
TDK
ROHM
KEMET
KOA
Samsung Electro-Mechanics
Taiyo Yuden
Samwha
Vishay
Nippon Chemi-Con
Viking Tech
Yageo Corporation
Walsin Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global MLCC and Thick Film Chip Resistors Market
Consumer Electronics
Automotive
Industrial Machinery
Defence
Others
Based on Types the Market is categorized into Below types that held the largest MLCC and Thick Film Chip Resistors market share In 2023.
MLCC
Thick Film Chip Resistors
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global MLCC and Thick Film Chip Resistors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global MLCC and Thick Film Chip Resistors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global MLCC and Thick Film Chip Resistors Market, By Type
6. Global MLCC and Thick Film Chip Resistors Market, By Application
7. Global MLCC and Thick Film Chip Resistors Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global MLCC and Thick Film Chip Resistors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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