How big is the MLCC market | Growth, Size & Insights 2031

Code: MTA7378 Publication Date: Aug 2025

How big is the MLCC market?

According to 6Wresearch internal database and industry insights, the Global MLCC Market was valued at USD 8 Billion in 2024 and is expected to reach USD 12 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).

Growing demand for small, high-performing components in consumer and industrial electronics, as well as increased use in smartphones, EVs, and 5G devices, are driving the market expansion.

Growth Factors for MLCC Market

  • Growing consumer demand for wearables and smartphones with smaller electronics
  • increased MLCC usage in EVs, particularly in the battery and powertrain systems
  • Demand for high-frequency MLCC is being driven by the growth of 5G and IoT infrastructure.
  • increasing use in industrial automation and energy-efficient appliances
  • Improvements in MLCC designs allow for greater capacitance in smaller packages.
  • Growing demand for highly dependable MLCCs in the defense, medical, and aerospace industries

MLCC Market Trends

The MLCC Market is trending toward ultra-small, high-capacitance MLCCs used in dense circuit boards. Automotive-grade MLCCs are gaining traction due to EV expansion. There is a shift to environmentally friendly and lead-free MLCCs. High-speed communication systems are being supported by hybrid capacitor modules and embedded MLCCs. Additionally, supply chains are being localized for pricing stability and strategic resilience.

Emerging Developments in the MLCC Market

Emerging Developments in the MLCC Market using AI-driven quality checks to minimize defects. Micro-layer stacking and ceramic innovations are enabling MLCCs with better frequency and thermal characteristics. Ultra-flexible MLCCs for wearable technology are being investigated by startups. In high-performance systems, embedded MLCCs in chip packaging are increasing speed and decreasing space. Additionally, MLCCs for renewable energy inverters and smart grids are gaining attention.

List of Leading Companies in the MLCC Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Murata Manufacturing Co., Ltd.

Company NameMurata Manufacturing Co., Ltd.
Established Year1944
HeadquartersKyoto, Japan
Official WebsiteClick Here

This company leads internationally in advanced MLCCs for smartphones, automotive electronics, and high-frequency applications.

2. Samsung Electro-Mechanics Co., Ltd.

Company NameSamsung Electro-Mechanics Co., Ltd.
Established Year1973
HeadquartersSuwon, South Korea
Official WebsiteClick Here

This company produces compact, high-capacitance MLCCs for mobile, computing, and EV sectors.

3. TDK Corporation

Company NameTDK Corporation
Established Year1935
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company offers a wide portfolio of high-voltage and temperature-stable MLCCs for critical applications.

4. Taiyo Yuden Co., Ltd.

Company NameTaiyo Yuden Co., Ltd.
Established Year1950
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company supplies compact MLCCs used in communications, medical, and industrial electronics.

5. Yageo Corporation

Company NameYageo Corporation
Established Year1977
HeadquartersTaipei, Taiwan
Official WebsiteClick Here

This company delivers general-purpose and automotive-grade MLCCs for worldwide OEM markets.

6. Walsin Technology Corporation

Company NameWalsin Technology Corporation
Established Year1992
HeadquartersTaipei, Taiwan
Official WebsiteClick Here

This company serves consumer and industrial sectors with mass-volume MLCCs.

7. Kyocera AVX Corporation

Company NameKyocera AVX Corporation
Established Year1972
HeadquartersSouth Carolina, United States
Official WebsiteClick Here

This company develops miniaturized and high-reliability MLCCs for automotive and communication applications.

8. Vishay Intertechnology, Inc.

Company NameVishay Intertechnology, Inc.
Established Year1962
HeadquartersPennsylvania, United States
Official WebsiteClick Here

This company specializes in robust MLCCs for aerospace, defense, and power electronics markets.

9. KEMET Corporation (a Yageo company)

Company NameKEMET Corporation
Established Year1919
HeadquartersSouth Carolina, United States
Official WebsiteClick Here

This company produces automotive-qualified and high-performance MLCCs for mission-critical systems.

10. NIC Components Corp.

Company NameNIC Components Corp.
Established Year1982
HeadquartersCalifornia, United States
Official WebsiteClick Here

This company offers a broad MLCC range for lighting, industrial automation, and consumer devices.

How big is the MLCC market : FAQs

The MLCC market is expected to reach USD 12 Billion by 2031.
The MLCC market is growing at a CAGR of 5.60% from 2025 to 2031.
Consumer electronics lead in MLCC consumption, followed by automotive and telecom sectors.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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