Automotive Multilayer Ceramic Capacitor Market - Scope and Research Methodology

 The Global Automotive Multilayer Ceramic Capacitor Market size was valued at USD 10.90 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Multi-layer ceramic capacitor (MLCCs) are multi-layered capacitors made of alternating layers of ceramic and metal. These capacitors possess low impedance values at high operating frequencies, making them suitable for use in electronic devices for noise suppression. The increasing demand for MLCCs in high-specification gadgets such as smartphones and tablets is expected to drive the market. Also, its growing demand in various application areas, such as consumer electronics, data processing, and telecommunications, is driving the market growth.

Recent Development

•            In May 2023, a new multi-layer ceramic capacitor (MLCC) was introduced by Murata Manufacturing Co. Ltd. (Murata) to meet the increasing need for components with high capacitance values, compact form factors, and improved temperature performance. It provides 10 F of capacitance (with a 20% tolerance). MLCCs from the GRM family are offered in a 0201inch/0603M package size. They represent a 65% size reduction compared to the 0402-inch/1005M items that would typically need to be specified, making them the smallest MLCC products on the market to deliver such capacitance levels.

•            In April 2023, for use in autos, Samsung Electro-Mechanics introduced the MLCC 1210 inch 220 F device. This is applicable to autonomous driving (AD) and advanced driver assistance systems (ADAS) in cars. Because of the electrification and excessive capabilities of autos, the number of MLCCs established in a single vehicle is rapidly increasing.

Read More - https://medium.com/@nikitastalwartresearchinsights/automotive-multilayer-ceramic-capacitor-market-scope-and-research-methodology-a82972f8b287

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