The Europe Multi-Layer Ceramic Capacitor Market would witness market growth of 4.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Multi-layer Ceramic Capacitor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $984.8 million by 2031. The UK market is experiencing a CAGR of 4% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 5.7% during (2024 - 2031).
The multi-layer ceramic capacitor market is a cornerstone of the modern electronics industry, underpinning the functionality of devices that define our daily lives. This market continues to experience robust growth, driven by the relentless demand for compact, efficient, and high-performance electronic components across many sectors.
Additionally, multilayer ceramic capacitors (MLCCs), characterized by their layered structure of ceramic dielectric materials interspersed with metal electrodes, are celebrated for their high capacitance density, reliability, and compact size. These attributes make them indispensable in an era where technological advancements hinge on miniaturization and enhanced performance.
The steady industrial production growth in the European Union (EU) drives the market significantly. With an 8% increase in 2021 compared to 2020 and a continued 5% rise in 2022, the expansion of Europe’s manufacturing sector has led to a surge in demand for electronic components, including MLCCs. Furthermore, the EU’s value of sold production experienced a remarkable 19% jump, reaching €6,179 billion in 2022 from €5,209 billion in 2021, reflecting a strong economic recovery and industrial growth. This upward trajectory in industrial output directly translates to higher adoption of MLCCs across various sectors, including automotive, industrial automation, consumer electronics, and telecommunications.
Based on Rated Voltage Range, the market is segmented into Low Range (Up to 50 V), Mid-range (100 V - 630 V), and High Range (1,000 V & above). Based on Case Size, the market is segmented into 603-1,206 Inches, Less than 603 Inches, and More than 1,206 Inches. Based on Type, the market is segmented into General Capacitor, Array, Serial Construction, Mega Cap, and Other Type. Based on Dielectric Type, the market is segmented into X7R, X5R, C0G, Y5V, and Other Dielectric Type. Based on End-use, the market is segmented into Electronics, Automotive, Industrial, Telecommunication, Data Transmission, and Other End-use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook