High-Voltage Multilayer Ceramic Capacitors Market Analysis | 2021-2026

Market Insights

The high-voltage multilayer ceramic capacitor market was experiencing growth due to increased demand for these components in various applications such as power supplies, industrial equipment, automotive electronics, and telecommunications.

Multilayer ceramic capacitors also known as MLCC’s are specially designed capacitors. They consist of a multilayer structure that includes ceramic material and metal conducting layers. These capacitors are primarily used in applications where small-value capacitances are needed. High-voltage multilayer ceramic capacitors involve the use of multi-layering technologies and advanced ceramic dielectric thin-layers to offer high capacitance and high voltage to electronic devices.

The high-voltage multilayer ceramic capacitor (HVMLCC) market is driven by several key factors:

The fast-growing renewable energy technology adoption rate, which mainly comprises solar and wind power, is a huge factor since HVMLCCs are vital parts of inverters and other power conversion devices used for these energy systems. The surging emergence of EVs further boosts the market development, as HVMLCCs is used in the power electronics and charging systems of EVs. Moreover, the increased deployment of transmission and distribution networks around the world, notably in developing countries, demands HVMLCCs in applications like capacitor banks and surge arrestors. Technological innovations as like as the invention of high-voltage, high-capacitance ceramic materials, make it possible to reduce the size of HVMLCCs which lead to their bigger spread better in different industries.

COVID-19 Impact

The COVID-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the high-voltage multilayer ceramic capacitors market negatively as the imposition of complete lockdown and restrictions on trade affected the product supply for a short period.

Key Players

Key players operating in the High-Voltage Multilayer Ceramic Capacitors market are:

• Samsung Electro-Mechanics (South Korea)
• Murata Manufacturing Co., Ltd (Japan)
• TDK Corporation (Japan)
• Kyocera Corporation (Japan)
• Darfon (Taiwan)
• Samwha Capacitor Co., Ltd. (South Korea)
• Taiyo Yuden Co., Ltd (Japan)
• Walsin (Taiwan)
• KEMET Corporation (US)
• Vishay Intertechnology, Inc. (US)
• Yageo Corporation (Taiwan)
• Nippon Chemi-Con Corporation (Japan)
• Japan Display Inc. (Japan)
• Fenghua (China)
• NIC Components Corp. (US)
• MARUWA CO., LTD. (Japan)

Segment Analysis

Application Insights

"The consumer electronics segment accounted for the largest market share."

The high-voltage multilayer ceramic capacitors market has been bifurcated into consumer electronics, automotive, industrial machinery, defense, and others. Under these, the consumer electronics segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. This can be attributed to the increasing demand for smartphones across the globe.

Regional Trends

"Asia-Pacific accounted for the largest market share."

The market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to expanding industrialization and growing urbanization in developing countries, particularly China and India. The market growth in the North American region is expected to be driven by the high demand for advanced capacitors and the presence of established end-use industries in the region.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The market is segmented into the following categories:

By Product Type

• Chip Type
• Lead Type

By Application Type

• Consumer Electronics
• Automotive
• Industrial Machinery
• Defence
• Others

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: India, Japan, China, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with companies across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Options

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Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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