How big is the Ceramic Capacitor Market?
According to 6Wresearch internal database and industry insights, the
Global Ceramic Capacitor Market was valued at approximately USD 15.6 billion in 2024 and is projected to reach USD 27.4 billion by 2031, growing at a CAGR of 8.4% during the forecast period.
This growth is driven by rising demand in consumer electronics, electric vehicles, telecommunications, and industrial automation sectors due to their high stability and reliability.
Key Growth Drivers of the Ceramic Capacitor Market
- Surge in smartphone, laptop, and wearable production globally
- Increasing deployment of 5G infrastructure requiring high-frequency capacitors
- Rising adoption of EVs and hybrid vehicles with advanced powertrains
- Demand for compact, multilayer capacitors with high capacitance
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- Expanding use in renewable energy systems and medical electronics
Ceramic Capacitor Market Trends
Ceramic capacitor market is witnessing a growing shift toward multilayer ceramic capacitors (MLCCs), especially with high capacitance in small package sizes. Ceramic capacitors capable of automotive applications are rapidly gaining importance as powertrain and ADAS components in the EV. Another trend is that of miniaturization and being integrated into circuit boards that are highly compact. In the aerospace, defense and medical fields, manufacturers are fine tuning capacitor compositions to offer temperature stability and durability. Additionally, local manufacturing is increasing due to supply chain concerns.
Emerging Developments in the Ceramic Capacitor Market
New developments include the integration of AI and machine learning in capacitor design and quality control. Firms are spending in non-toxic and eco-friendly capacitor applications. Development of high layer count ultra-thin MLCCs is underway in order to address advanced semiconductor device requirements. Teams of OEMs, together with capacitor manufacturers are developing innovation in terms of creating specialized built-in performance applications, both automotive and telecom. There's also growing interest in ferroelectric and nano-ceramic materials to enhance energy storage and efficiency.
Major Companies in the Ceramic Capacitor Market
- Murata Manufacturing Co., Ltd.
- TDK Corporation
- KYOCERA AVX Corporation
- Samsung Electro-Mechanics
- Taiyo Yuden Co., Ltd.
- Vishay Intertechnology
- Yageo Corporation
- KEMET Corporation (Yageo)
- Johanson Dielectrics
- Knowles Corporation
How Big Is the Ceramic Capacitor Market : FAQ's
The market was valued at USD 15.6 billion in 2024 and is expected to reach USD 27.4 billion by 2031 at a CAGR of 8.4%.
Automotive electronics, 5G telecom, EVs, industrial IoT, and renewable energy systems.
Need for compact, durable, and high-performance components across electronic devices.
Price volatility, raw material sourcing, and miniaturization complexities.
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