BangaloreIndia , June 15, 2022 /PRNewswire/ — Ceramic Capacitors Market is segmented by Type – Multilayer Ceramic Chip Capacitor (Mlcc), Ceramic Disc Capacitor, Through Hole Ceramic Capacitor, Ceramic Power Capacitors, by Application – Automotive, Communication Equipment, Consumer Electronics, Others. Global Opportunities Analysis and Industry Forecast, 2022-2028. -2030. It is published in Appreciate the reports under the Computing Category.
Ceramic Capacitor market size is estimated to be worth $14,660 million in 2022 and should have a readjusted size of $23,790 million by 2028 with a CAGR of 8.4% during the reporting period.
The major factors driving the growth of the Ceramic Capacitors market are
Ceramic capacitors are becoming more common as efficiency improves and demand increases in a variety of industries, including consumer electronics, automotive, telecommunications, energy and l electricity, to name a few. This factor is expected to drive the growth of the ceramic capacitor market.
The expansion of the ceramic capacitor market is expected to be fueled by benefits such as the availability of smaller value, low cost and lightweight capacitors.
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TRENDS INFLUENCING THE GROWTH OF THE CERAMIC CAPACITOR MARKET
Ceramic capacitors can be found in extremely small sizes, which is a significant advantage. Many electronic circuits, in fact the majority of modern electronic circuits, require tiny capacitors. Additionally, many critical electrical circuits require the use of relatively small capacitors. Ceramic capacitors come in a variety of sizes. The ceramic capacitor market is expected to rise due to these factors.
Growing demand from the automotive industry due to the advent of electric vehicles is expected to fuel the ceramic capacitor market. One of the largest end users of MLCC in the automotive industry. Automotive-grade MLCCs have gained popularity in recent years, which is expected to drive the growth of the MLCC market. The demand for multilayer ceramic capacitors is growing as electrical devices such as motors, powertrains, and infotainment systems are increasingly used in automobiles. Constant advancements in the automotive industry require component downsizing, capacity increases and safety improvements. Additionally, MLCCs are required by autonomous vehicles, hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and advanced driver assistance systems (ADAS) in cars. In reality, the number of MLCCs required in ADAS and electric vehicles is far greater than in gasoline and diesel automobiles.
The electronic industry’s increased need for ceramic capacitors is a major driver for the boom in the global ceramic capacitor market. This is due to the ever-increasing need for new technologies. Ceramic capacitors are widely used in smartphones and tablets as they can successfully handle complex and advanced operations. In addition, one of the factors fueling the growth of the ceramic capacitor business is the introduction of multilayer ceramic capacitors and the shrinkage of electronic equipment. In addition, the consumption of consumer electronics has increased, especially in developing countries such as India, China, and others. Factors such as increasing disposable income and emerging middle class are driving up the demand for consumer electronics, driving the market forward.
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CERAMIC CAPACITOR MARKET SHARE ANALYSIS
Based on the region, China held the largest ceramic capacitor market share at around 36%. China is followed by Japan with a ceramic capacitor market share of approximately 13% market share. Factors such as the establishment of electrical manufacturing companies in the region have contributed to this growth.
Based on the type, Multilayer Ceramic Chip Capacitor (Mlcc) is one of the most lucrative segments. The market for ceramic capacitors is growing owing to the growing demand for MLCCs in various application sectors such as consumer electronics, data processing, and telecommunications.
Based on the application, the automotive segment is expected to be the most lucrative segment. As public acceptance of electric vehicles and autonomous vehicle technology grows, the government has enacted stricter restrictions for the deployment of advanced driver assistance systems (ADAS), fueling demand for MLCC in the automotive sector.
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Market by region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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- Samsung Electro
- TDK Company
- Network card components
- holy stone
- Advanced Fenghua Technology
- three circles
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– The Global Multilayer Ceramic Capacitors Market the size is estimated at the value $9,314.5 million in 2022 and should have a readjusted size of $10,870 million by 2028 with a CAGR of 2.6% over the reporting period.
– The Global Ceramic Trimmer Capacitor Market the size is estimated at the value $58 million in 2022 and is expected to reach a readjusted size of $47 million by 2028 with a CAGR of -3.4% over the reporting period.
– The Global supercapacitor activated carbon market was rated at $80 million in 2020 and is expected to reach $214.4 million by the end of 2027, growing at a CAGR of 13.3% over the period 2021-2027.
– The Global High Voltage Capacitor Market was rated at $1298.5 million in 2020 and is expected to reach $1,365.1 million by the end of 2027, growing at a CAGR of 0.7% over the period 2021-2027.
– Global Low Voltage Ceramic Capacitors Market Overview and Forecast to 2028
– Global High Frequency Ceramic Capacitor Market Overview and Forecast to 2028
– Global NPO Capacitor Market Overview and Forecast to 2028
– Global Automotive Multilayer Ceramic Capacitor (MLCC) Market Overview and Forecast to 2028
– Global Class 1 Ceramic Capacitor Market Overview and Forecast to 2028
– Global Monolithic Ceramic Capacitor Market Overview, Forecast to 2028
– The Global electric vehicle market was rated at $162.34 billion in 2019, and should reach $802.81 billion by 2027, registering a CAGR of 22.6%.
– The Global Electronic Waste Recycling Market the size is estimated at the value $17,260 million in 2022 and should reach $27,240 million by 2028 with a CAGR of 7.9% over the review period.
– The Global Electric commercial vehicle market the size should reach 178560 million USD by 2027, 101270 million USD in 2020, at a CAGR of 8.3% over the period 2021-2027.
– The Global Thermal Energy Storage (TES) Market the size should reach $6,019.7 million by 2028, $3817.1 million in 2021, at a CAGR of 6.3% over the period 2022-2028.
– power semiconductor market the size was $43,750 million and it is expected to reach $62,800 million by the end of 2027, with a compound annual growth rate (CAGR) of 5.3% during the forecast period 2021-2027.
– The Global thermal management market the size should reach $78,300 million by 2028 from 60120 million USD in 2021 at a CAGR of 3.8% over the period 2022-2028.
– The Global Chipsetter Market the size is estimated at the value $4,387.1 million in 2022 and should reach $5,531.9 million by 2028 with a CAGR of 3.9% during the reporting period.
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