Multilayer Ceramic Capacitor (MLCC) Market Size & Share Analysis - Growth Trends and Forecast (2027 - 2032)

The Multilayer Ceramic Capacitor (MLCC) Market Report is Segmented by Dielectric Type (Class 1 and More), Case Size (0201 and More), Voltage Rating (Low Voltage and More), Mounting Type (Surface-Mount and More), End-Use Application (Consumer Electronics and More), and Geography (Asia-Pacific and More). The Market Forecasts are Provided in Terms of Value (USD), Based On Availability.

Multilayer Ceramic Capacitor (MLCC) Market Size and Share

Multilayer Ceramic Capacitor (MLCC) Market Size
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Multilayer Ceramic Capacitor (MLCC) Market Analysis by Mordor Intelligence

The multilayer ceramic capacitor (MLCC) market size is projected to expand from USD 31.87 billion in 2026 and USD 36.66 billion in 2027 to USD 74.96 billion by 2032, registering a CAGR of 15.38% between 2027 and 2032.

AI-server power delivery and electric-vehicle conversion requirements are directing demand toward application-specific capacitor performance. Wearable miniaturization extends this challenge by combining higher capacitance needs with tighter component footprints. Manufacturers respond through embeddable formats and production networks that include Japan, connecting component development with manufacturing capability. Raw-material cost pressure complicates that response when suppliers cannot fully absorb the cost of serving demand. Recovering raw-material cost increases while qualifying high-voltage and miniature parts preserves the earnings suppliers need to support capacity investment in Japan and other production sites.

Key Report Takeaways

  • By dielectric type, Class 1 led with 63.12% of MLCC market revenue in 2026 and is forecast to grow fastest at a 16.12% CAGR from 2027 to 2032.
  • Among case sizes, 0201 held a 56.39% multilayer ceramic capacitor (MLCC) market share in 2026, while 0402 is projected to grow fastest at a 16.35% CAGR from 2027 to 2032.
  • For voltage ratings, low-voltage MLCCs below 500 V led with 59.24% of MLCC market revenue in 2026, and mid-voltage MLCCs from 500 to 1,000 V are forecast to grow fastest at a 15.8% CAGR from 2027 to 2032.
  • In mounting types, surface-mount MLCCs led with 41.68% of MLCC market revenue in 2026, with metal-cap MLCCs projected to grow fastest at a 16.1% CAGR from 2027 to 2032.
  • Consumer electronics led end-use applications with a 51.11% share of the multilayer ceramic capacitor (MLCC) market size in 2026, and automotive is forecast to grow fastest at a 20% CAGR from 2027 to 2032.
  • Across geographies, Asia-Pacific led with 57.66% of MLCC market revenue in 2026, while North America is projected to grow fastest at a 16.4% CAGR from 2027 to 2032.

Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.

Multilayer Ceramic Capacitor (MLCC) Market Segment Analysis

By Dielectric Type:

Stability Supports Specialized Power Conversion

Class 1 was the largest segment, accounting for 63.12% of MLCC market revenue in 2026, and is projected to be the fastest-growing segment with a 16.12% CAGR from 2027 to 2032. Murata classifies C0G as a temperature-compensating Class 1 dielectric. In December 2025, Murata announced launch and mass production of a 15 nF, 1.25 kV C0G MLCC in 1210-inch size, which it called the world's first with that combination.[2] The component was suitable for EV onboard chargers and high-performance consumer-device power supplies. Its commercialization shows how a temperature-compensating dielectric can extend into demanding power-conversion designs, making electrical stability a commercial capability alongside capacitance.

Class 1's temperature stability is relevant where resonant charging circuits must control capacitor heating. Murata says EV and plug-in hybrid onboard-charger resonant frequencies vary by manufacturer from 60 to 400 kHz, and high-frequency, high-voltage operation can increase self-heating. Its C0G resonant MLCC lineup uses low-loss materials to limit that heating during long-term use. Class 2 ceramic capacitors offer relatively large capacitance for bypass, smoothing, coupling and decoupling circuits. The charger opportunity consequently rewards Class 1's combination of stable capacitance and low loss, rather than capacitance alone.

Multilayer Ceramic Capacitor (MLCC) Market Share by Dielectric Type, 2026
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Multilayer Ceramic Capacitor (MLCC) Market Share by Dielectric Type, 2026

By Case Size:

Miniaturization Balances Space and Electrical Demands

0201 accounted for a 56.39% share of the multilayer ceramic capacitor (MLCC) market size in 2026. In September 2026, Murata announced mass production of 0201-inch three-terminal MLCCs with low equivalent series inductance (ESL). It called them the world's smallest of that type, based on its research as of September 29, 2026. The products target compact devices such as smartphones and wearables. Murata put the mounting-area saving at approximately 64% against its previous smallest 0402-inch size, leaving more board space for smartphone and wearable functions while retaining low inductance.

The 0402 format is projected to be the fastest-growing segment, with a 16.35% CAGR from 2027 to 2032. In July 2025, Murata began mass production of a 47 μF MLCC in 0402-inch size, which it described as the world's first for that specification. The product line included 2 variants with different temperature characteristics to address high-density electronic systems. At that size, the ability to offer different temperature characteristics makes the product relevant to equipment designers choosing for the operating environment as well as for capacitance.

Multilayer Ceramic Capacitor (MLCC) Market Share by Case Size, 2026
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Multilayer Ceramic Capacitor (MLCC) Market Share by Case Size, 2026

By Voltage Rating:

Circuit Duties Differentiate Component Requirements

Low-voltage MLCCs, rated below 500 V, were the largest segment with 59.24% of MLCC market revenue in 2026. Murata reported in April 2026 that, in recent years, rising automotive system counts and performance had raised demand for higher-capacitance low-voltage MLCCs around ICs and increased the number installed. These trends couple more parts with a higher capacitance requirement, creating 2 routes through which low-voltage demand can deepen within a vehicle design. Higher capacitance per case can help automotive designers meet the growing requirements around ICs without using part-count increases as their only response.

Mid-voltage MLCCs, rated 500 to 1,000 V, are projected to be the fastest-growing segment with a 15.8% CAGR from 2027 to 2032. Samsung Electro-Mechanics began mass production of a 1,000 V, 33 nF automotive MLCC in 1210-inch size in December 2025 for EV charging-system CLLC resonant circuits. The product extended a similar-capacitance C0G lineup from 630 V to 1,000 V. A supplier that extends a capacitance family to a higher rating in a specified package gives charger designers another way to meet the resonant specification within the selected circuit.

By Mounting Type:

Assembly Requirements Preserve Distinct Formats

Surface-mount MLCCs represented a 41.68% multilayer ceramic capacitor (MLCC) market share in 2026. Surface mounting places MLCCs directly on a printed circuit board, making footprint and placement density part of the capacitor decision. Board-assembly teams must accommodate the solder connections and component height within that layout. Moving to a leaded part changes that assembly arrangement as well as the capacitor specification. A smaller electrically equivalent surface-mount part can release board area while preserving the chosen mounting route, giving suppliers a way to address denser equipment designs without redesigning the connection method.

Metal-cap MLCCs are projected to be the fastest-growing segment, with a CAGR of 16.1% from 2027 to 2032. Murata reported that additional KCA-series metal-terminal surface-mount MLCC models entered mass production in September 2025. The models increased rated voltage and, for certain capacitance values, reduced height versus existing KCA products. Radial-lead MLCCs offer a different mounting route in TDK's automotive DC-motor example, where 2 capacitors are welded into a compact brush holder without a printed circuit board. Boardless brush-holder integration makes radial leads relevant where eliminating a printed circuit board matters more than adopting the metal-terminal surface-mount configuration.

By End-Use Application:

Device Scale Meets Automotive Qualification

The consumer-electronics segment was the largest, accounting for 51.11% of MLCC market revenue in 2026. Apple Inc. reported iPhone net sales of USD 209.6 billion for its fiscal year ended September 27, 2025. That product revenue shows the commercial scale of Apple's iPhone business, within which MLCC suppliers participate through the capacitors specified for each device design. Global smartphone sales reached approximately 1.26 billion units in 2025, up approximately 1.9% year over year, according to IDC data cited by Cowell e Holdings. That large handset base makes selection for a device program commercially significant even when smartphone unit growth is modest.

Automotive is forecast to be the fastest-growing segment, with a CAGR of 20% from 2027 to 2032. In April 2026, Murata began mass production of 7 AEC-Q200-qualified automotive MLCCs with what it described as the world's largest capacitance for their respective rated voltages and sizes. For vehicle-system designers, improving capacitance within a specified voltage and size envelope offers a way to address more demanding electrical functions without changing those component limits.

Geography Analysis

Asia-Pacific Multilayer Ceramic Capacitor (MLCC) Market

Asia-Pacific accounted for a 57.66% share of the multilayer ceramic capacitor (MLCC) market size in 2026. Murata held a completion ceremony on October 22, 2025, for a 77,981-square-meter MLCC production building at Philippine Manufacturing Co. of Murata, Inc. in Tanauan City, Philippines. Construction had begun in August 2023, and Murata linked the Philippine expansion to expected medium- to long-term MLCC demand from future mobility-market growth.

North America Multilayer Ceramic Capacitor (MLCC) Market

North America is projected to be the fastest-growing region, with a CAGR of 16.4% from 2027 to 2032. Microsoft reported completion of its first data center facility in Mount Pleasant, Wisconsin, on June 23, 2026, and said it was fully operational. Equipment had come online and startup activities had taken place in April 2026. JLL reported that North American data center demand reached an all-time high of 25 GW of absorption in H1 2026, double the year-earlier level. This build-out expands the regional application base for server-board MLCCs, which decouple rapid current changes near GPUs and CPUs.

In the EU, within Europe, battery-electric cars accounted for 21.7% and hybrid-electric cars 36.6% of new-car registrations from January through August 2026 in provisional ACEA data. That mix makes vehicle powertrain requirements a relevant part of the region's component opportunity. Within the Rest of the World, Brazil produced 2.17 million motor vehicles from January through September 2026, up 8.7% year over year, while motor vehicle exports fell 23% to 334,000. Of the 173,000 additional vehicles produced compared with January through September 2025, 50,000 were fully locally produced and 123,000 were assembled from completely or semi-knocked-down vehicle kits. The kit-heavy increase makes kit component specifications a relevant entry point for MLCC suppliers seeking vehicle programs, since assembly growth and fully local production represent different sourcing opportunities.

Multilayer Ceramic Capacitor (MLCC) Market Growth Rate by Region
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Multilayer Ceramic Capacitor (MLCC) Market Growth Rate by Region

Regulatory Framework and Outlook

Selected jurisdictions present different material-compliance and product-qualification frameworks for MLCC suppliers serving equipment manufacturers. The United States comparison focuses on military CDR05 chip capacitors, while Germany and China illustrate restricted-substance frameworks. Under Directive (EU) 2025/2363, exemption 7(c)-II for lead in dielectric ceramics of capacitors rated at least 125 V AC or 250 V DC, for applications other than those under entries 7(c)-I or 7(c)-IV, runs through December 31, 2027. The directive requires Member States to apply the updated RoHS provisions from July 1, 2026.

Regulatory Table of Multilayer Ceramic Capacitor (MLCC) Market

Regulatory Table of Multilayer Ceramic Capacitor (MLCC) Market
Decision factor United States Germany China
Primary authority Defense Logistics Agency Weapons Support, Columbus, for the selected specification Regierung von Niederbayern, Bavaria example; European Commission for exemption decisions Ministry of Industry and Information Technology
Key instruments or direction Active MIL-PRF-55681 CDR05 specification sheet and QPL-55681 military qualification framework ElektroStoffV and RoHS; voltage-scoped capacitor exemption timetable SJ/T 11364-2024 supplier-information standard; GB 26572-2025 and revised directory transition
Commercial effect Product qualification supports eligibility in the selected military component channel Manage restricted-substance and applicable exemption conditions Provide purchaser-required labeling information for production-support products, whose separate mark may be omitted
Current policy attractiveness Medium Medium Medium
Future direction of policy attractiveness No change Hardening Hardening
Source: Mordor Intelligence

Germany's Medium rating reflects its RoHS material conditions, while its Hardening direction reflects the scheduled December 31, 2027, expiry of exemption 7(c)-II under Directive (EU) 2025/2363. An existing exemption continues while a timely renewal request is pending. The United States' Medium rating and No change direction reflect the active CDR05 military specification and qualified-parts framework, with the sheet's next review due March 23, 2030. China's Medium rating reflects downstream material-information duties, and its Hardening direction follows the August 1, 2027, standard transition and directory scope expansion.

Value Chain Stages

The MLCC value chain runs from specialized materials through finished-component manufacturing to sales. Toho Titanium Co., Ltd. supplies nickel powder for MLCC electrodes, while Sakai Chemical Industry Co., Ltd. supplies dielectric powders and related compounds used in laminated ceramic capacitors. These are separate material capabilities, giving upstream suppliers distinct positions before the finished capacitor is produced.

Value Chain Analysis Table of Multilayer Ceramic Capacitor (MLCC) Market

Value Chain Analysis Table of Multilayer Ceramic Capacitor (MLCC) Market
Primary activity Key participants Value capture Bottleneck Resilience response
Electrode and dielectric material supply Electrode-material suppliers such as Toho Titanium Co., Ltd.; dielectric-material suppliers such as Sakai Chemical Industry Co., Ltd. Sales of specialized powders and compounds Matching specialized material properties to the component design Coordinate material specifications with downstream manufacturing requirements
Finished MLCC manufacturing MLCC manufacturers such as Murata Manufacturing Co., Ltd. and Samsung Electro-Mechanics Co., Ltd. Finished-component sales Integrating material and manufacturing capabilities into the required component Align material development and component production, as illustrated by Murata's integrated operating model
Sales and market delivery Manufacturer sales-network operators such as Murata Manufacturing Co., Ltd. Manufacturer sales revenue from finished MLCCs Connecting a specialized component offering with geographically distributed demand Use an established worldwide sales network to extend market reach
Source: Mordor Intelligence

Murata's integrated system extends from materials to finished MLCCs, concentrating several capabilities within one manufacturer's operating model. Its worldwide sales network adds a separate commercial capability after manufacturing. Together, these functions explain why control of materials, component production and customer reach can capture value at different points even when they sit inside one company. Toho Titanium and Sakai Chemical earn revenue from powder sales to manufacturers, while Murata captures finished-component revenue through integrated manufacturing and a worldwide sales network.

Competitive Landscape

Competition is moderately concentrated around established manufacturers with different electrical and application strengths. The major suppliers include Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics Co., Ltd., Taiyo Yuden Co., Ltd., Yageo Corporation and TDK Corporation. MLCCs represented 19% of Yageo's own total sales in 2025. Yageo develops, manufactures and sells passive and other electronic components, placing its MLCC offering within a broader component portfolio. Taiyo Yuden's MLCC production sites span Japan, South Korea, Malaysia and China.

Samsung Electro-Mechanics reported that its Component Unit's Q2 2026 sales rose 29% year over year, with MLCC sales for data centers contributing to growth. The company also identified increased automotive sales among the drivers, linking the broader unit's performance to both computing infrastructure and vehicle electronics. Taiyo Yuden began mass production of a 22 μF, 1005-size embeddable MLCC at its Tamamura Plant in Japan in August 2025 for AI-server and other information-device IC power-line decoupling. Samsung's result demonstrates commercial exposure to expanding applications, while Taiyo Yuden's embedded format moves the competitive decision into the board design where power-line decoupling is integrated.

In June 2025, TDK began mass production of a 1 μF, 100 V, 1608-size X7R MLCC that it called the highest-capacitance offering for that voltage, size and temperature characteristic.[3] In September 2026, TDK expanded its CN series of low-resistance soft-termination SMD MLCCs with a 10 μF, 100 V X7R component in the 3225 format for AI servers, humanoids and xEVs. Murata's February 27, 2026, REACH report recorded substances of very high concern at or below 0.1% by weight per component part, or absent, for its GR and GC ceramic-capacitor families. It referred to the 253-substance candidate list updated February 4, 2026, and excluded products shipped before February 27 from its warranty. TDK's size-specific capacitance advances give power-system designers more capacitance within the stated mounting formats, making electrical density a concrete basis for product differentiation.

Multilayer Ceramic Capacitor (MLCC) Industry Leaders

  1. Murata Manufacturing Co., Ltd.

  2. Samsung Electro-Mechanics Co., Ltd.

  3. Taiyo Yuden Co., Ltd.

  4. Yageo Corporation

  5. TDK Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Multilayer Ceramic Capacitor (MLCC) Market Concentration
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Multilayer Ceramic Capacitor (MLCC) Market Companies Covered in this Report

  • Murata Manufacturing Co., Ltd.
  • Samsung Electro-Mechanics Co., Ltd.
  • Taiyo Yuden Co., Ltd.
  • Yageo Corporation
  • TDK Corporation
  • Kyocera AVX Components Corporation
  • Walsin Technology Corporation
  • Vishay Intertechnology, Inc.
  • Würth Elektronik eiSos GmbH & Co. KG
  • Guangdong Fenghua Advanced Technology Holding Co., Ltd.
  • Maruwa Co., Ltd.
  • Samwha Capacitor Group
  • Panasonic Holdings Corporation
  • Shenzhen Torch Technology Co., Ltd.
  • Holy Stone Enterprise Co., Ltd.
  • Shenzhen Eyang Technology Development Co., Ltd.
  • Johanson Dielectrics, Inc.
  • KEMET Corporation (Yageo Group)
  • Shenzhen Sunlord Electronics Co., Ltd.

Read Analysis of Multilayer Ceramic Capacitor (MLCC) Companies

Recent Industry Developments in Multilayer Ceramic Capacitor (MLCC) Market

  • Sep 2026: Murata Manufacturing Co., Ltd. announced mass production of 0201-inch three-terminal low-ESL MLCCs, which it described as the world's smallest of that type based on its research as of September 29, 2026.
  • Sep 2026: TDK Corporation announced an expansion of its CN series with a 10 μF, 100 V X7R soft-termination SMD MLCC in the 3225 format for AI servers, humanoids and xEVs.
  • Sep 2026: Samsung Electro-Mechanics Co., Ltd. signed an AI-server MLCC supply contract worth approximately KRW 1.07 trillion (USD 780 million) with a major global company for delivery during 2027.

Table of Contents for Multilayer Ceramic Capacitor (MLCC) Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 800 V EV Architectures Accelerate Demand for High-Voltage MLCCs
    • 4.2.2 Gen-AI Server Build-Out Spurs Ultra-Low-ESL, High-CV MLCC Adoption
    • 4.2.3 On-Device AI and Advanced Wearables Require Sub-1005 Miniature MLCCs
    • 4.2.4 Geo-Diversified "Friend-Shoring" of Passive Component Supply Chains
    • 4.2.5 Sustainability Mandates Favor Lead-Free and Recycled-Ceramic MLCCs
    • 4.2.6 Semiconductor-Subsystem Co-Design Embeds MLCCs in Circuit Boards
  • 4.3 Market Restraints
    • 4.3.1 Volatile Nickel and Palladium Prices Inflate BOM Costs
    • 4.3.2 Persistent Capacity Mismatch for Automotive-Grade MLCCs
    • 4.3.3 China Price-Led Offensive in Commodity MLCCs Erodes Global Margins
    • 4.3.4 Physical Limits on Dielectric Layer Thickness Constrain Capacitance Gains
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry
  • 4.8 Impact of Macroeconomic Factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Dielectric Type
    • 5.1.1 Class 1
    • 5.1.2 Class 2
  • 5.2 By Case Size
    • 5.2.1 0201
    • 5.2.2 0402
    • 5.2.3 0603
    • 5.2.4 1005
    • 5.2.5 1210
    • 5.2.6 Other Case Sizes
  • 5.3 By Voltage Rating
    • 5.3.1 Low Voltage (Less than 500 V)
    • 5.3.2 Mid Voltage (500 - 1000 V)
    • 5.3.3 High Voltage (Above 1000 V)
  • 5.4 By Mounting Type
    • 5.4.1 Surface-Mount
    • 5.4.2 Metal-Cap
    • 5.4.3 Radial-Lead
  • 5.5 By End-Use Application
    • 5.5.1 Aerospace and Defense
    • 5.5.2 Automotive
    • 5.5.3 Consumer Electronics
    • 5.5.4 Industrial
    • 5.5.5 Medical Devices
    • 5.5.6 Power and Utilities
    • 5.5.7 Telecommunications
    • 5.5.8 Rest of End-Use Applications
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Rest of North America
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 South Korea
    • 5.6.3.4 India
    • 5.6.3.5 Rest of Asia-Pacific
    • 5.6.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Murata Manufacturing Co., Ltd.
    • 6.4.2 Samsung Electro-Mechanics Co., Ltd.
    • 6.4.3 Taiyo Yuden Co., Ltd.
    • 6.4.4 Yageo Corporation
    • 6.4.5 TDK Corporation
    • 6.4.6 Kyocera AVX Components Corporation
    • 6.4.7 Walsin Technology Corporation
    • 6.4.8 Vishay Intertechnology, Inc.
    • 6.4.9 Würth Elektronik eiSos GmbH & Co. KG
    • 6.4.10 Guangdong Fenghua Advanced Technology Holding Co., Ltd.
    • 6.4.11 Maruwa Co., Ltd.
    • 6.4.12 Samwha Capacitor Group
    • 6.4.13 Panasonic Holdings Corporation
    • 6.4.14 Shenzhen Torch Technology Co., Ltd.
    • 6.4.15 Holy Stone Enterprise Co., Ltd.
    • 6.4.16 Shenzhen Eyang Technology Development Co., Ltd.
    • 6.4.17 Johanson Dielectrics, Inc.
    • 6.4.18 KEMET Corporation (Yageo Group)
    • 6.4.19 Shenzhen Sunlord Electronics Co., Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment

Scope and Methodology

Segmentation Overview

By Dielectric Type
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
Class 1
Class 2
By Case Size
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
0201
0402
0603
1005
1210
Other Case Sizes
By Voltage Rating
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
Low Voltage (Less than 500 V)
Mid Voltage (500 - 1000 V)
High Voltage (Above 1000 V)
By Mounting Type
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
Surface-Mount
Metal-Cap
Radial-Lead
By End-Use Application
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
Aerospace and Defense
Automotive
Consumer Electronics
Industrial
Medical Devices
Power and Utilities
Telecommunications
Rest of End-Use Applications
By Geography
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
North America United States
Rest of North America
Europe Germany
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Rest of Asia-Pacific
Rest of the World
Multilayer Ceramic Capacitor (MLCC) Market segmentation breakdown
By Dielectric Type Class 1
Class 2
By Case Size 0201
0402
0603
1005
1210
Other Case Sizes
By Voltage Rating Low Voltage (Less than 500 V)
Mid Voltage (500 - 1000 V)
High Voltage (Above 1000 V)
By Mounting Type Surface-Mount
Metal-Cap
Radial-Lead
By End-Use Application Aerospace and Defense
Automotive
Consumer Electronics
Industrial
Medical Devices
Power and Utilities
Telecommunications
Rest of End-Use Applications
By Geography North America United States
Rest of North America
Europe Germany
Rest of Europe
Asia-Pacific China
Japan
South Korea
India
Rest of Asia-Pacific
Rest of the World

Market Definition

  • MLCC (Multilayer Ceramic Capacitor) - A type of capacitor that consists of multiple layers of ceramic material, alternating with conductive layers, used for energy storage and filtering in electronic circuits.
  • Voltage - The maximum voltage that a capacitor can safely withstand without experiencing breakdown or failure. It is typically expressed in volts (V)
  • Capacitance - The measure of a capacitor's ability to store electrical charge, expressed in farads (F). It determines the amount of energy that can be stored in the capacitor
  • Case Size - The physical dimensions of an MLCC, typically expressed in codes or millimeters, indicating its length, width, and height
Multilayer Ceramic Capacitor (MLCC) Market Glossary of Terms
Keyword Definition
MLCC (Multilayer Ceramic Capacitor) A type of capacitor that consists of multiple layers of ceramic material, alternating with conductive layers, used for energy storage and filtering in electronic circuits.
Capacitance The measure of a capacitor's ability to store electrical charge, expressed in farads (F). It determines the amount of energy that can be stored in the capacitor
Voltage Rating The maximum voltage that a capacitor can safely withstand without experiencing breakdown or failure. It is typically expressed in volts (V)
ESR (Equivalent Series Resistance) The total resistance of a capacitor, including its internal resistance and parasitic resistances. It affects the capacitor's ability to filter high-frequency noise and maintain stability in a circuit.
Dielectric Material The insulating material used between the conductive layers of a capacitor. In MLCCs, commonly used dielectric materials include ceramic materials like barium titanate and ferroelectric materials
SMT (Surface Mount Technology) A method of electronic component assembly that involves mounting components directly onto the surface of a printed circuit board (PCB) instead of through-hole mounting.
Solderability The ability of a component, such as an MLCC, to form a reliable and durable solder joint when subjected to soldering processes. Good solderability is crucial for proper assembly and functionality of MLCCs on PCBs.
RoHS (Restriction of Hazardous Substances) A directive that restricts the use of certain hazardous materials, such as lead, mercury, and cadmium, in electrical and electronic equipment. Compliance with RoHS is essential for automotive MLCCs due to environmental regulations
Case Size The physical dimensions of an MLCC, typically expressed in codes or millimeters, indicating its length, width, and height
Flex Cracking A phenomenon where MLCCs can develop cracks or fractures due to mechanical stress caused by bending or flexing of the PCB. Flex cracking can lead to electrical failures and should be avoided during PCB assembly and handling.
Aging MLCCs can experience changes in their electrical properties over time due to factors like temperature, humidity, and applied voltage. Aging refers to the gradual alteration of MLCC characteristics, which can impact the performance of electronic circuits.
ASPs (Average Selling Prices) The average price at which MLCCs are sold in the market, expressed in USD million. It reflects the average price per unit
Voltage The electrical potential difference across an MLCC, often categorized into low-range voltage, mid-range voltage, and high-range voltage, indicating different voltage levels
MLCC RoHS Compliance Compliance with the Restriction of Hazardous Substances (RoHS) directive, which restricts the use of certain hazardous substances, such as lead, mercury, cadmium, and others, in the manufacturing of MLCCs, promoting environmental protection and safety
Mounting Type The method used to attach MLCCs to a circuit board, such as surface mount, metal cap, and radial lead, which indicates the different mounting configurations
Dielectric Type The type of dielectric material used in MLCCs, often categorized into Class 1 and Class 2, representing different dielectric characteristics and performance
Low-Range Voltage MLCCs designed for applications that require lower voltage levels, typically in the low voltage range
Mid-Range Voltage MLCCs designed for applications that require moderate voltage levels, typically in the middle range of voltage requirements
High-Range Voltage MLCCs designed for applications that require higher voltage levels, typically in the high voltage range
Low-Range Capacitance MLCCs with lower capacitance values, suitable for applications that require smaller energy storage
Mid-Range Capacitance MLCCs with moderate capacitance values, suitable for applications that require intermediate energy storage
High-Range Capacitance MLCCs with higher capacitance values, suitable for applications that require larger energy storage
Surface Mount MLCCs designed for direct surface mounting onto a printed circuit board (PCB), allowing for efficient space utilization and automated assembly
Class 1 Dielectric MLCCs with Class 1 dielectric material, characterized by a high level of stability, low dissipation factor, and low capacitance change over temperature. They are suitable for applications requiring precise capacitance values and stability
Class 2 Dielectric MLCCs with Class 2 dielectric material, characterized by a high capacitance value, high volumetric efficiency, and moderate stability. They are suitable for applications that require higher capacitance values and are less sensitive to capacitance changes over temperature
RF (Radio Frequency) It refers to the range of electromagnetic frequencies used in wireless communication and other applications, typically from 3 kHz to 300 GHz, enabling the transmission and reception of radio signals for various wireless devices and systems.
Metal Cap A protective metal cover used in certain MLCCs (Multilayer Ceramic Capacitors) to enhance durability and shield against external factors like moisture and mechanical stress
Radial Lead A terminal configuration in specific MLCCs where electrical leads extend radially from the ceramic body, facilitating easy insertion and soldering in through-hole mounting applications.
Temperature Stability The ability of MLCCs to maintain their capacitance values and performance characteristics across a range of temperatures, ensuring reliable operation in varying environmental conditions.
Low ESR (Equivalent Series Resistance) MLCCs with low ESR values have minimal resistance to the flow of AC signals, allowing for efficient energy transfer and reduced power losses in high-frequency applications.

Research Methodology

Mordor Intelligence has followed the following methodology in all our MLCC reports.

  • Step 1: Identify Data Points: In this step, we identified key data points crucial for comprehending the MLCC market. This included historical and current production figures, as well as critical device metrics such as attachment rate, sales, production volume, and average selling price. Additionally, we estimated future production volumes and attachment rates for MLCCs in each device category. Lead times were also determined, aiding in forecasting market dynamics by understanding the time required for production and delivery, thereby enhancing the accuracy of our projections.
  • Step 2: Identify Key Variables: In this step, we focused on identifying crucial variables essential for constructing a robust forecasting model for the MLCC market. These variables include lead times, trends in raw material prices used in MLCC manufacturing, automotive sales data, consumer electronics sales figures, and electric vehicle (EV) sales statistics. Through an iterative process, we determined the necessary variables for accurate market forecasting and proceeded to develop the forecasting model based on these identified variables.
  • Step 3: Build a Market Model: In this step, we utilized production data and key industry trend variables, such as average pricing, attachment rate, and forecasted production data, to construct a comprehensive market estimation model. By integrating these critical variables, we developed a robust framework for accurately forecasting market trends and dynamics, thereby facilitating informed decision-making within the MLCC market landscape.
  • Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases, and Subscription Platform
research-methodology
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01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don’t waste time finding a needle in the haystack.
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02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
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03. Exhaustive Data
Tracking a million data points on the mlcc industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the mlcc industry.
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04. TRANSPARENCY
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
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05. CONVENIENCE
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We dont clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

Key Questions Answered in the Report

What is the multilayer ceramic capacitor (MLCC) market size and growth outlook?

The size is projected at USD 36.66 billion in 2027 and USD 74.96 billion by 2032, with a 15.38% CAGR between 2027 and 2032.

What is driving demand for MLCCs?

AI-server power requirements and 800 V inverter systems are demand forces. Samsung Electro-Mechanics' signed AI-server MLCC supply contract covers 2027 deliveries.

Which application leads MLCC sales?

Consumer electronics held 51.11% of MLCC market revenue in 2026. Automotive is forecast to grow fastest at a 20% CAGR from 2027 to 2032.

Which companies are major MLCC suppliers?

Major suppliers include Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics Co., Ltd., Taiyo Yuden Co., Ltd., Yageo Corporation and TDK Corporation.

What cost pressure could constrain the MLCC outlook?

Taiyo Yuden's July 2026 letter cited raw and auxiliary material costs it could not fully absorb and requested a price adjustment for shipments beginning September 1, 2026.

Which regions lead MLCC sales and projected growth?

Asia-Pacific held 57.66% of MLCC market revenue in 2026, and North America is projected to grow fastest at a 16.4% CAGR from 2027 to 2032.

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