Multilayer Ceramic Capacitor Market Size

Multilayer Ceramic Capacitor Market size was valued at USD 18.21 billion in 2024 and is likely to exceed USD 102.51 billion by the end of 2037, registering over 14.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of multilayer ceramic capacitor is evaluated at USD 20.28 billion.

With the development of IT devices, the need for a multi-layer ceramic capacitor (MLCC), is rising significantly. The market will expand as a result of the development of technologies like IoT, cloud computing, and AI. In 2017, 20% of respondents said they had adopted AI in at least one business area; today, that number is 50%, while it reached a high of 58 percent in 2019.

Additionally, with the potential for miniaturization, the makers are attempting to fit more circuits and components into the limited area at their disposal. Other capacitors have not been able to match the special qualities of MLCC, hence MLCC will play a significant role in the development of the new computing technology that is now being developed. 85% of businesses will begin using the cloud first by 2025. Cloud storage is used for more than 60% of all corporate data. Nearly 50% of businesses have adopted cloud computing completely.