The analysts forecast global multi-layer ceramic capacitor market to grow at a CAGR of 2.79% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global multi-layer ceramic capacitor market for 2016-2020. To calculate the market size, report considers revenue generated from the sales of MLCCs to semiconductor component manufacturers.
The following companies are the key players in the global multi-layer ceramic capacitor market: Murata, Samsung Electro-Mechanics, TDK, and TAIYO YUDEN. Other Prominent Vendors in the market are: American Technical Ceramics, AVX Corporation, Cornell Dubilier Electronics, Dielectric Lab, Johanson Technology, KYOCERA, SAMWHA, KEMET, and Vishay Intertechnology.
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According to the multi-layer ceramic capacitor market report key growth driver is the need for highly improved MLCCs in LED lighting. LED lighting is gaining momentum globally due to the growing need for power conservation, efficient lighting, and advanced lighting features. Initially, ceramic capacitors were not favored by LED designers due to acoustic noise and flickering light. However, with advances in technology, vendors such as Murata are offering MLCCs with acoustic noise reduction and DC smoothing for LED applications. This has increased the integration of MLCCs in LED lighting.
The global multi-layer ceramic capacitor market analyst said a key trend influencing market growth is the miniaturization of electronic devices. The consumer electronics sector is the most prominent sector that drives the demand for miniaturized MLCCs. The demand not only pertains to the consumer electronics sector but also other sectors, such as military, industrial, and medical facilities, that require high reliability. This will drive the demand for robust, miniaturized MLCCs during the forecast period.
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Global Multi-Layer Ceramic Capacitor (MLCC) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
An MLCC is a monolithic device with laminated layers of ceramic dielectric materials, scattered with the metal electrode system. The layers are exposed to high temperature to make a sintered and efficient capacitance device. A conducive barrier system is integrated with the exposed ends of the chip to complete the linking.
MLCCs are categorized on the following bases:
- Rated voltage: The rated voltage can be between 4 volts and 10 kilovolts, with the most common being 16-volt, 25-volt, 50-volt, or 100-volt capacitors.
- Capacitance: The most common values for capacitance are 10 nanofarads, 100 nanofarads, and 1 microfarad.
- Case size or dimension
- Packaging type
Further, the report states that one challenge that could restrict market growth is flaws in the MLCC material functionalities. In certain conditions, a crack in the ceramic portion of an MLCC may cause difficulties. These difficulties result from mechanical harm caused by the soldering process to the printed circuit board, which normally occurs due to mishandling of the board or the exposure of the assembly unit to extreme environmental conditions.
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