Aerospace and Defence MLCC Market Size

Aerospace and Defence MLCC Market Analysis

The Aerospace and Defence MLCC Market size is estimated at 1.09 billion USD in 2024, and is expected to reach 2.86 billion USD by 2029, growing at a CAGR of 21.39% during the forecast period (2024-2029).

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1.09 Billion

Market Size in 2024 (USD)

2.86 Billion

Market Size in 2029 (USD)

13.56 %

CAGR (2017-2023)

21.39 %

CAGR (2024-2029)

Largest Segment by Vehicle Type

87.03 %

value share, Manned Aerial Vehicle, 2023

The newer generation aircraft offer better fuel efficiency and safety for commercial and general aviation customers and better situational awareness and tactical advantage for military customers.

Largest Segment by Case Size

31.57 %

value share, 0 201, 2023

The aerospace and defense industries are increasingly using 0201 MLCCs for a variety of applications, particularly those related to military aircraft and electronic warfare defense systems, such as UAVs.

Largest Segment by Capacitance

47.57 %

value share, Less than 10 μF, 2023

The growing adoption of smart technology for surveillance, analysis, and imaging on several fronts is expected to boost the growth of unmanned aerial vehicles that use MLCCs with less than 10µF capacitance.

Fastest Segment by Dielectric Type

22.31 %

Projected CAGR, Class 1, 2024-2029

The Class 1 dielectric-type MLCCs like C0G, X8G, and U2J are growing due to their reliability and accuracy, making them the preferred ceramic capacitors for various applications that require stable performance in demanding environments.

Largest Segment by Region

44.97 %

value share, Asia-Pacific, 2023

The rapid economic development in the region has prompted countries such as China, Japan, India, and South Korea to invest heavily in the development of the aerospace and defense sectors. These strategic initiatives are designed to protect a nation's security and strengthen its expanding economy by promoting the development of aircraft and defense capabilities.

Optimized avionic MLCC selection enhances aerospace and defense systems

The global aerospace and defense MLCC market thrives amid rising defense expenditures and geopolitical dynamics

Aerospace and Defence MLCC Industry Segmentation

Manned Aerial Vehicle, Unmanned Aerial Vehicle are covered as segments by Vehicle Type. 0 201, 0 402, 0 603, 1 005, 1 210, Others are covered as segments by Case Size. 600V to 1100V, Less than 600V, More than 1100V are covered as segments by Voltage. 10 μF to 100 μF, Less than 10 μF, More than 100 μF are covered as segments by Capacitance. Class 1, Class 2 are covered as segments by Dielectric Type. Asia-Pacific, Europe, North America are covered as segments by Region.

• The aerospace and defense industries are witnessing a rapid transformation with the increasing adoption of advanced avionics technologies, including AI, IoT, and 5G communications. These trends drive the need for MLCCs with higher capacitance, lower ESR, and improved reliability to support cutting-edge electronic systems in aircraft. Case sizes 0 201 and 0 402 MLCCs are popular for compact and lightweight electronic circuits in avionics. Their small form factor and high capacitance make them ideal for miniaturized devices, such as flight control systems, navigation systems, and communication equipment in UAVs and other small aircraft. The trend toward miniaturization and weight reduction in avionics drives the demand for case sizes 0 201 and 0 402 MLCCs.
• Case sizes 0 603 and 1 005 MLCCs balance compactness and capacitance, making them versatile components in various avionic applications. They are commonly used in cockpit displays, sensor systems, and power distribution networks in manned and unmanned aerial vehicles. The increasing adoption of advanced avionics systems in modern aircraft enhances the demand for case sizes 0 603 and 1 005 MLCCs.
• Case size 1 210 MLCCs offer higher capacitance values and are well-suited for power management, energy storage, and filtering applications in avionics. These larger-sized MLCCs are commonly utilized in critical avionic systems like radar systems, satellite communications, and advanced avionics control units. The evolving need for more powerful and sophisticated avionic technologies contributes to the demand for case sizes 1 210 and other MLCCs. The demand for UAVs and MAVs is growing, and MLCCs play a vital role in ensuring stable and efficient electronic components for successful operation.