PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1873970
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1873970
The global multilayer ceramic capacitor market is projected to grow from USD 15.00 billion in 2025 to USD 21.93 billion by 2030, at a CAGR of 7.9%. The rapid deployment of 5G networks is significantly driving the demand for multilayer ceramic capacitors (MLCCs) in the telecommunications sector.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2021-2030 |
| Base Year | 2024 |
| Forecast Period | 2025-2030 |
| Units Considered | Value (USD Billion) |
| Segments | By Type, Dielectric Type, End Use and Region |
| Regions covered | North America, Europe, APAC, RoW |
5G infrastructure, including base stations and small cells, requires a substantial number of MLCCs, often several times more than in 4G LTE systems, to ensure high-frequency signal filtering, decoupling, and energy storage for stable and efficient operation. These capacitors must be miniaturized yet capable of handling higher frequencies and elevated temperatures, making them essential for modern high-density circuit boards in telecom equipment. A real-world example is SAMSUNG ELECTRO-MECHANICS, which has developed specialized MLCCs explicitly designed for 5G base stations, supporting the stringent performance requirements of next-generation networks. As 5G deployment continues to expand globally, the reliance on advanced, high-performance MLCCs is expected to grow, solidifying their role as a critical component in the telecommunications industry.

"NP0/C0G Led Class I MLCC Market Share in 2024"
NP0 (Negative-Positive-Zero) or C0G (Class 0, Group G) capacitors held the largest market share within the Class I MLCC segment in 2024, due to their exceptional electrical properties and widespread applicability. These capacitors are known for having a near-zero temperature coefficient, which means their capacitance remains very stable over a wide temperature range, typically from -55°C to +125°C, with minimal variation. They also demonstrate low dielectric loss and high insulation resistance, making them highly efficient for use in high-frequency, precision, and timing applications.
The stability and reliability of NP0/C0G capacitors make them ideal for critical circuits such as oscillators, filters, RF modules, sensors, and decoupling networks in consumer electronics, automotive electronics, industrial automation, and aerospace systems. Additionally, their mature manufacturing processes, wide availability, and compliance with industry standards allow designers to rely on consistent quality and predictable performance, reducing design risks. The combination of high reliability, precision, and versatility ensures that NP0/C0G capacitors continue to dominate the Class I MLCC segment and remain the preferred choice for engineers and manufacturers worldwide.
"Low Voltage (<=16 V) MLCCs Dominated Market in 2024"
Low-voltage MLCCs, typically rated up to 16 volts, held the largest market share in 2024 due to their widespread use across high-volume consumer electronics, automotive, and industrial applications. These capacitors are essential for decoupling, filtering, and energy storage in compact circuit designs of smartphones, tablets, laptops, wearable devices, and automotive control units. Their ability to deliver high capacitance in small form factors makes them ideal for miniaturized and densely packed PCBs, which are common in modern electronic devices. Furthermore, the cost-effectiveness, reliability, and maturity of low-voltage MLCC manufacturing processes make them the preferred choice for designers, sustaining strong demand and maintaining their dominant position within the multilayer ceramic capacitor market.
"China to dominate Asia Pacific Multilayer Ceramic Capacitor Market During Forecast Period"
China is expected to dominate the Asia Pacific market during the forecast period due to its large-scale manufacturing capabilities, robust supply chain, and growing domestic demand for electronic components. The country hosts a significant number of MLCC manufacturers, including both established players and emerging companies, which enables high-volume production and cost advantages. Rapid growth in consumer electronics, automotive electronics (particularly electric vehicles), telecommunications, and industrial automation within China is driving substantial internal demand for MLCCs. Additionally, government support for high-tech manufacturing, investment in smart factories, and expansion of 5G infrastructure further enhance China's capacity to lead the regional market. Combined with ongoing technological advancements in materials and production processes, these factors position China as a key growth hub for MLCCs in the Asia Pacific region.
Breakdown of Primaries
Various executives from key organizations operating in the multilayer ceramic capacitor market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
The multilayer ceramic capacitor market is dominated by globally established players, such as Murata Manufacturing Co., Ltd. (Japan), SAMSUNG ELECTRO-MECHANICS (South Korea), TDK Corporation (Japan), KYOCERA Corporation (Japan), TAIYO YUDEN CO., LTD. (Japan), YAGEO Group (Taiwan), Vishay Intertechnology, Inc. (US), Walsin Technology Corporation (Taiwan), MARUWA Co., Ltd. (Japan), Holy Stone Enterprise Co., Ltd. (Taiwan), Darfon (Taiwan), Samwha Capacitor Group (South Korea), FengHua (China), Nippon Chemi-Con Corporation (Japan), Fujian Torch Electron Technology Co., Ltd. (China), Shenzhen EYANG Technology Development Co., Ltd. (China), Knowles Capacitors (US), Exxelia (France), Johanson Dielectrics (US), Wurth Elektronik eiSos GmbH & Co. KG (Germany), ChaoZhou Three-Circle (Group) Co., Ltd. (China), PROSPERITY DIELECTRICS CO. LTD. (PDC) (China), Viking Tech Corporation (Taiwan), AEM Components (US), and Xingrong Technologies (China). The study includes an in-depth competitive analysis of these key players in the multilayer ceramic capacitor market, with their company profiles, recent developments, and key market strategies.
Study Coverage
The report segments the multilayer ceramic capacitor market and forecasts its size by type, dielectric type, end, application, capacitance range, rated voltage, package, and region. The report also examines the key drivers, restraints, opportunities, and challenges influencing the market. It gives a detailed view of the market across four main regions-North America, Europe, Asia Pacific, and RoW. The report includes a value chain analysis of the key players and their competitive analysis of the multilayer ceramic capacitor ecosystem.