Multilayer Ceramic Capacitor Market Report 2026

The multilayer ceramic capacitor market size has grown strongly in recent years. It will grow from $11.76 billion in 2025 to $12.68 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to rising use in consumer electronics, early deployment in basic noise filtering applications, expansion of automotive electronic systems, growth in industrial automation devices, adoption in medical electronics.

The multilayer ceramic capacitor market size is expected to see strong growth in the next few years. It will grow to $17.07 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing demand for high-capacitance compact components, expansion of ev and advanced mobility electronics, rising adoption in 5g and communication devices, development of ultra-miniaturized ceramic capacitors, growth in automated high-volume production systems. Major trends in the forecast period include advancement of high-density multilayer ceramic structures, adoption of smart connected electronic component designs, development of automated precision manufacturing for mlccs, integration of AI-optimized electronic circuit components, expansion of digitally enhanced component reliability testing.

A rise in the deployment of 5G is expected to drive the growth of the multilayer ceramic capacitor market going forward. 5G, short for “fifth generation,” refers to the latest generation of wireless cellular network technology. It represents a major advancement in telecommunications standards and capabilities compared to earlier generations such as 4G and 3G. Multilayer ceramic capacitors (MLCCs) play a crucial role in the deployment of 5G technology, serving as essential components in the infrastructure and devices that support the fifth-generation wireless network. In 5G systems, multilayer ceramic capacitors are widely used in applications such as base stations, antennas, and communication devices. Their high capacitance, compact size, and ability to operate at high frequencies make them ideal for supporting the rapid data transmission and complex signal processing demands of 5G networks. For example, in March 2024, according to 5G Americas, a US-based industry association promoting 5G technology, global 5G connections rose to 1.76 billion at the end of 2023 (a 66% year-on-year increase) and are projected to reach nearly 2.25 billion by the end of 2024. Therefore, the rise in 5G deployment is driving the multilayer ceramic capacitor market.

Major companies operating in the multilayer ceramic capacitor market are launching innovative products to maintain market leadership. For instance, in September 2023, TDK Corporation introduced the CN series of multilayer ceramic capacitors, featuring a distinctive structure unprecedented in the industry. Unlike conventional MLCCs, this design allows electric current to pass outside resin layers, reducing electrical resistance. These new MLCCs offer higher capacitances in smaller sizes, reducing parts and enhancing efficiency.

In July 2024, Novacap, a technology and manufacturing company based in the US, acquired Syfer for an undisclosed amount. The purpose of this acquisition is to merge their technologies and expertise to establish market leadership in high-voltage safety capacitors while expanding their manufacturing capabilities to cater to the growing application-specific multilayer capacitors (ASMC) markets across various industries, including telecommunications, datacom, medical, and aerospace. Syfer, based in the UK, specializes in multilayer ceramic capacitors.

Major companies operating in the multilayer ceramic capacitor market are Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., Yageo Group, Walsin Technology Corporation, Kyocera Corporation, TDK Corporation, Vishay Intertechnology Inc., Samwha Capacitor Co. Ltd., Darfon Electronics Corp., MARUWA Co. Ltd., Johanson Dielectrics Inc., AVX Corporation, Ceramic Substrates & Components Ltd., Chaozhou Three-Circle (Group) Co. Ltd., Chilisin Electronics Corp., Dearborn Electronics Pvt. Ltd., Exxelia Alcon Electronics Pvt Ltd., Faratronic Co. Ltd., Holy Stone Enterprise Co. Ltd., KEMET Corporation, KOA Corporation, NIC Components Corp., Presidio Components Inc., RFMW Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the multilayer ceramic capacitor market by raising the costs of imported ceramic materials, metal electrodes, and semiconductor components essential for MLCC fabrication. Consumer electronics, automotive, and manufacturing sectors in Asia-Pacific, Europe, and North America face higher procurement expenses and extended production timelines due to supply chain disruptions. However, tariffs are also promoting regional ceramic component manufacturing, strengthening local supply chains, and driving innovation in cost-efficient MLCC production methods to improve long-term market stability.

The multilayer ceramic capacitor market research report is one of a series of new reports that provides multilayer ceramic capacitor market statistics, including multilayer ceramic capacitor industry global market size, regional shares, competitors with a multilayer ceramic capacitor market share, detailed multilayer ceramic capacitor market segments, market trends, and opportunities, and any further data you may need to thrive in the multilayer ceramic capacitor industry. This multilayer ceramic capacitor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A multilayer ceramic capacitor is a surface-mounted device commonly used in various electronic devices for noise suppression, offering low capacitance. It consists of numerous ceramic layers and conductive electrodes stacked together to form the capacitor.

The primary types of multilayer ceramic capacitors are categorized as class 1 and class 2. Class I capacitors are crafted from ceramic materials insensitive to temperature variations. They excel in applications requiring high stability and minimal losses. These capacitors exhibit remarkable accuracy concerning applied voltage, temperature, and frequency, ensuring steady capacitance values. They encompass voltage ranges spanning from low (up to 50V), mid (100V to 630V), to high (1000V and above), catering to consumer electronics, automotive, manufacturing, healthcare, and diverse industrial applications.Europe was the largest region in the multilayer ceramic capacitor market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multilayer ceramic capacitor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the multilayer ceramic capacitor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multilayer ceramic capacitor market consists of sales of capacitor types such as NP0 (C0G), P100, N33, and N75 and class 2 equipment including X7R, X5R, Y5V, Z5U, and X7S. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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