Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Leaded Radial Multilayer Ceramic Capacitor (MLCC) market experienced notable trends from 2018 to 2022, with consistent demand driven by applications in consumer electronics, automotive, and industrial sectors. During this period, MLCCs were recognized for their high reliability, versatility, and cost-effectiveness, making them the go-to choice for various electronic devices. As industries evolved, the market witnessed a shift toward higher capacitance values, smaller form factors, and improved thermal stability. Technological advancements in materials science, coupled with the increasing miniaturization of electronic products, bolstered the market's growth.
The demand for MLCCs from 2018 to 2022 was heavily influenced by the surge in electric vehicle production, as automakers sought capacitors that could handle higher voltage and temperature ranges. Additionally, the growing adoption of 5G technology and IoT devices spurred the need for capacitors with precise and consistent performance in high-frequency applications. Market players, including leading manufacturers, responded by expanding their production capabilities and investing in research and development to meet these evolving demands. The global shift towards green technologies also created significant opportunities, as MLCCs are key components in energy-efficient systems such as solar panels and electric grids.
As we compare the market's outlook for 2023 to 2033, the MLCC industry is set to witness significant growth driven by key trends such as the expansion of the electric vehicle market, the continued rollout of 5G networks, and advancements in renewable energy solutions. The next decade will see increased demand for MLCCs that cater to high-voltage, high-frequency, and power-management applications. Moreover, innovations in smart electronics, wearables, and automotive electronics will further fuel demand for more compact and high-performance capacitors. This presents a promising opportunity for market players to tap into emerging sectors, while adapting to the evolving needs of the global electronics ecosystem.
Get an In-Depth Research Analysis of the Global Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market Size And Forecast [2025-2032]
Vatronics
Murata Manufacturing
TDK Corporation
AVX Corporation
Vishay Intertechnology
Taiyo Yuden
KEMET Corporation
Samsung Electro-Mechanics
Yageo Corporation
Johanson 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 Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market
Automotive
Industrial
Consumer electronics
Others
Based on Types the Market is categorized into Below types that held the largest Leaded Radial Multilayer Ceramic Capacitor (MLCC) market share In 2023.
General MLCFT Chip Capacitors
High Voltage MLCFT Chip Capacitors
High Frequency MLCFT Chip Capacitors
Others
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 Leaded Radial Multilayer Ceramic Capacitor (MLCC) 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 Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market, By Type
6. Global Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market, By Application
7. Global Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Leaded Radial Multilayer Ceramic Capacitor (MLCC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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