Global MLCCs for Automotive Electronics Market Growth 2024-2030

Global MLCCs for Automotive Electronics Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global MLCCs for Automotive Electronics market size was valued at US$ 12910 million in 2023. With growing demand in downstream market, the MLCCs for Automotive Electronics is forecast to a readjusted size of US$ 19710 million by 2030 with a CAGR of 6.2% during review period.

The research report highlights the growth potential of the global MLCCs for Automotive Electronics market. MLCCs for Automotive Electronics are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of MLCCs for Automotive Electronics. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the MLCCs for Automotive Electronics market.

The electrical and electronic circuits utilized in cars to implement various functions do not consist of just CPUs, memory, power devices, and other semiconductor chips. Countless numbers of capacitors, inductors, and other passive components are used in electrical and electronic circuits to stabilize the operation of semiconductor chips and adjust handled data signals and power supply waveforms. Without these passive components, electrical and electronic circuits cannot be operated as designed. Among the many passive components, MLCCs (Multilayer Ceramic Capacitors) are one type of component that is often utilized in on-board electrical and electronic circuits in particular. Capable of realizing a miniature size and high capacitance while maintaining their characteristics in a hostile environment, the features of MLCCs are perfect for on-board use, which requires them to be utilized in electrical and electronic circuits in narrow and unforgiving spaces. Currently, as many as 3,000 to 5,000 MLCCs are utilized per vehicle. Looking at a smartphone as a representative example of an advanced electronic device, if we consider that even the latest high-end model includes 1,000 MLCCs, contemporary cars could be described as a “collection of MLCCs.”

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

Key Features:

The report on MLCCs for Automotive Electronics market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the MLCCs for Automotive Electronics market. It may include historical data, market segmentation by Type (e.g., General Purpose Series, Ultra Small Size Series), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the MLCCs for Automotive Electronics market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the MLCCs for Automotive Electronics market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the MLCCs for Automotive Electronics industry. This include advancements in MLCCs for Automotive Electronics technology, MLCCs for Automotive Electronics new entrants, MLCCs for Automotive Electronics new investment, and other innovations that are shaping the future of MLCCs for Automotive Electronics.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the MLCCs for Automotive Electronics market. It includes factors influencing customer ' purchasing decisions, preferences for MLCCs for Automotive Electronics product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the MLCCs for Automotive Electronics market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting MLCCs for Automotive Electronics market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the MLCCs for Automotive Electronics market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the MLCCs for Automotive Electronics industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the MLCCs for Automotive Electronics market.

Market Segmentation:

MLCCs for Automotive Electronics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
General Purpose Series
Ultra Small Size Series
High Voltage Series
Soft Termination Series
High Q for High Frequency Communication Series
High Reliability Series
Low Inductance Series

Segmentation by application
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Murata Manufacturing Co., Ltd.
SAMSUNG ELECTRO-MECHANICS
TDK Corporation
Vishay Intertechnology
Taiyo Yuden
Yageo
KYOCERA AVX
Walsin Technology
Holy Stone
Fenghua Advanced Technology
Nippon Chemi-Con
MARUWA

Key Questions Addressed in this Report

What is the 10-year outlook for the global MLCCs for Automotive Electronics market?

What factors are driving MLCCs for Automotive Electronics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do MLCCs for Automotive Electronics market opportunities vary by end market size?

How does MLCCs for Automotive Electronics break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.