The Ceramic Capacitors Market size is estimated at USD 25.38 billion in 2024, and is expected to reach USD 33.51 billion by 2029, growing at a CAGR of 5.70% during the forecast period (2024-2029).
Ceramic capacitors are one of the most commonly used in most electrical instruments, as they offer reliability and are cheaper to manufacture. These capacitors are used in multiple industries and primarily consist of ceramic or porcelain discs that exist in a non-polarized form. The ceramic material is also an excellent dielectric due to its poor conductivity and its efficient support of electrostatic fields.
The ceramic capacitor market is Semi-consolidated due to limited vendors in the global market. The key players are involved in various strategies, such as acquisitions and partnerships, to improve their market share and enhance their profitability in the market. Some of the leading players are there in the market are Murata Manufacturing Co., Ltd., TDK Corporation, Taiyo Yuden Co., Ltd., AVX Corporation, Vishay Intertechnology, Inc., and many others.
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