Market Size of industrial mlcc Industry
Study Period | 2017 - 2029 | |
Market Size (2024) | USD 1.11 Billion | |
Market Size (2029) | USD 2.86 Billion | |
Largest Share by Case Size | 0 201 | |
CAGR (2024 - 2029) | 20.86 % | |
Largest Share by Region | Asia-Pacific | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Industrial MLCC Market Analysis
The Industrial MLCC Market size is estimated at 1.11 billion USD in 2024, and is expected to reach 2.86 billion USD by 2029, growing at a CAGR of 20.86% during the forecast period (2024-2029).
1.11 Billion
Market Size in 2024 (USD)
2.86 Billion
Market Size in 2029 (USD)
14.45 %
CAGR (2017-2023)
20.86 %
CAGR (2024-2029)
Fastest Segment by Case Size
20.84 %
Projected CAGR, 0 402, 2024-2029
The ongoing trend of miniaturization, along with the requirement for increased component density, is driving the need for these components, as they allow manufacturers to achieve a compact design without compromising on performance.
Largest Segment by Voltage
40.15 %
value share, More than 1100V, 2023
Technological innovations concerning cognition, interaction, and manipulation have made service robotics more appealing. Technology and other component providers have helped move the robotics ecosystem forward.
Largest Segment by Capacitance
50.57 %
value share, More than 100 μF, 2023
Rapid growth and advancements in automation and the incorporation of digitization and AI are the primary factors driving the demand for more than 100µF industrial robots.
Largest Segment by Dielectric Type
63.98 %
value share, Class 2, 2023
The demand for Class 2 dielectric-type MLCCs like X7R is on the rise due to their resistance to high temperatures (125°C or higher) and reliability in demanding industrial environments.
Largest Segment by Region
39.59 %
value share, Asia-Pacific, 2023
Industries in Asia Pacific countries like Japan, India, South Korea are boosting automation, robotics, and AI. IoT solutions are also being utilized to improve operational efficiency, increase productivity, and gain an advantage over competitors.
There is a dynamic interplay between advanced electronic components and industrial applications in the market
- The industrial MLCC market, categorized by case size, showcases a dynamic landscape characterized by the interplay between advanced electronic components and industrial applications. Within this context, the specific case sizes 0 201, 0 402, 0 603, 1 210, 1 005, and others exemplify the pivotal role of MLCCs in ensuring optimal performance and reliability across various sectors.
- The 0 201 case size is critical in AC servo motors and is essential for precision-driven applications like robotics, semiconductor equipment, and aircraft systems. These MLCCs enhance efficiency, reliability, and noise reduction, which is vital for seamless operation in diverse industrial settings.
- The 0 402 case size category takes center stage in the pursuit of energy-efficient solutions, aligning with global initiatives to reduce emissions and achieve sustainable industrial practices. MLCCs in this category facilitate efficient power distribution and signal integrity, supporting the adoption of energy-efficient technologies. Cobots and automation drive the demand for 1 210 MLCCs, ensuring stability in confined spaces. These MLCCs align with OMRON's TM20 and Doosan Robotics' E-SERIES cobots.
- The demand for 0 603 MLCCs is growing with industrial automation. Global industrial production growth strengthens the market, aligning with compact, reliable MLCC requirements. The 1 005 MLCCs cater to precision machinery and align with automation trends, mirroring cobot installations, especially in China. MLCCs in case sizes like 0 805, 1 812, 2 220, 1 218, and 1 813 power semiconductors and electronics meet EV demands and energy efficiency initiatives, thus driving the growth of the MLCC and semiconductor market.
Technological advancements and economic dynamics are shaping the landscape, propelling the global industrial MLCC market
- The global industrial MLCC market stands at a critical juncture, propelled by the confluence of rapid technological advancements and the ever-evolving economic landscape. In North America, a relentless pursuit of automation and manufacturing excellence drives the adoption of MLCCs. Robust industrial robotics markets, particularly in the United States and Canada, are catalysts for the steady rise in demand. This segment not only explores the increasing integration of MLCCs in industrial robots but also uncovers the expanding role of these components in service robots, aligning with the region's healthcare and aging population challenges.
- Asia-Pacific is emerging as a technological powerhouse, with Japan and China leading the charge. A vibrant landscape of automation, robotics, AI, and IoT solutions propels the region forward. This analysis dives deep into how MLCCs enable stability in Japan's intricate robotics while facilitating the rise of 5G-powered industrial IoT (IIoT) devices in China. The region's technological pioneers are poised to shape the future of MLCC demand.
- In Europe, the dawn of Industry 4.0 revolutionized manufacturing and robotics. The intricate interplay between industrial robots and MLCCs is explored, emphasizing their pivotal role in power management and robust performance. As Europe experiences a surge in robotic installations, the demand for MLCCs is expected to enhance operational efficiency and gain prominence, setting the stage for transformative growth.
- The Rest of the World, encompassing Latin America and Middle East & Africa, unveils a tapestry of diverse economic shifts and technological aspirations.
Industrial MLCC Industry Segmentation
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 industrial MLCC market, categorized by case size, showcases a dynamic landscape characterized by the interplay between advanced electronic components and industrial applications. Within this context, the specific case sizes 0 201, 0 402, 0 603, 1 210, 1 005, and others exemplify the pivotal role of MLCCs in ensuring optimal performance and reliability across various sectors.
- The 0 201 case size is critical in AC servo motors and is essential for precision-driven applications like robotics, semiconductor equipment, and aircraft systems. These MLCCs enhance efficiency, reliability, and noise reduction, which is vital for seamless operation in diverse industrial settings.
- The 0 402 case size category takes center stage in the pursuit of energy-efficient solutions, aligning with global initiatives to reduce emissions and achieve sustainable industrial practices. MLCCs in this category facilitate efficient power distribution and signal integrity, supporting the adoption of energy-efficient technologies. Cobots and automation drive the demand for 1 210 MLCCs, ensuring stability in confined spaces. These MLCCs align with OMRON's TM20 and Doosan Robotics' E-SERIES cobots.
- The demand for 0 603 MLCCs is growing with industrial automation. Global industrial production growth strengthens the market, aligning with compact, reliable MLCC requirements. The 1 005 MLCCs cater to precision machinery and align with automation trends, mirroring cobot installations, especially in China. MLCCs in case sizes like 0 805, 1 812, 2 220, 1 218, and 1 813 power semiconductors and electronics meet EV demands and energy efficiency initiatives, thus driving the growth of the MLCC and semiconductor market.
Case Size | |
0 201 | |
0 402 | |
0 603 | |
1 005 | |
1 210 | |
Others |
Voltage | |
600V to 1100V | |
Less than 600V | |
More than 1100V |
Capacitance | |
10 μF to 100 μF | |
Less than 10 μF | |
More than 100 μF |
Dielectric Type | |
Class 1 | |
Class 2 |
Region | |
Asia-Pacific | |
Europe | |
North America | |
Rest of the World |
Industrial MLCC Market Size Summary
The industrial MLCC market is experiencing significant growth, driven by the increasing integration of advanced electronic components in various industrial applications. This market is characterized by a diverse range of case sizes, such as 0 201, 0 402, 0 603, 1 210, and 1 005, each playing a crucial role in enhancing the performance and reliability of industrial systems. These capacitors are essential in applications ranging from AC servo motors to energy-efficient solutions, supporting the adoption of automation and robotics. The demand for MLCCs is further bolstered by the rise of cobots and automation technologies, which require stable and compact components to ensure seamless operation in confined spaces. The global push towards energy efficiency and sustainable practices also contributes to the growing need for MLCCs, particularly in sectors like semiconductor equipment and aircraft systems.
Regionally, the industrial MLCC market is witnessing dynamic developments. In North America, the focus on automation and manufacturing excellence is driving the adoption of MLCCs, particularly in industrial and service robots. The Asia-Pacific region, led by Japan and China, is emerging as a technological powerhouse, with MLCCs enabling stability in robotics and facilitating the rise of 5G-powered industrial IoT devices. Europe is experiencing a surge in robotic installations, with MLCCs playing a pivotal role in power management and operational efficiency. Meanwhile, the Rest of the World, including Latin America and the Middle East & Africa, is seeing increased demand for MLCCs in PLCs to ensure robust power management in industrial automation. The market is moderately consolidated, with major players like Murata Manufacturing, Samsung Electro-Mechanics, Taiyo Yuden, Walsin Technology Corporation, and Yageo Corporation leading the charge in meeting the rising demand for high-performance MLCCs.
Industrial MLCC Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Case Size
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1.1.1 0 201
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1.1.2 0 402
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1.1.3 0 603
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1.1.4 1 005
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1.1.5 1 210
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1.1.6 Others
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1.2 Voltage
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1.2.1 600V to 1100V
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1.2.2 Less than 600V
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1.2.3 More than 1100V
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1.3 Capacitance
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1.3.1 10 μF to 100 μF
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1.3.2 Less than 10 μF
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1.3.3 More than 100 μF
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1.4 Dielectric Type
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1.4.1 Class 1
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1.4.2 Class 2
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1.5 Region
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1.5.1 Asia-Pacific
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1.5.2 Europe
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1.5.3 North America
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1.5.4 Rest of the World
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Industrial MLCC Market Size FAQs
How big is the Global Industrial MLCC Market?
The Global Industrial MLCC Market size is expected to reach USD 1.11 billion in 2024 and grow at a CAGR of 20.86% to reach USD 2.86 billion by 2029.
What is the current Global Industrial MLCC Market size?
In 2024, the Global Industrial MLCC Market size is expected to reach USD 1.11 billion.