According to a market report by Lucintel, the future of the microwave ceramic capacitor (MCC) market looks promising with opportunities in the consumer electronic, automotive, industrial machinery, and defense applications. The global microwave ceramic capacitor market is expected to reach an estimated $0.20 billion by 2028 with a CAGR of 5.6% from 2023 to 2028. The major drivers for this market are increasing usage of microwave ceramic capacitors in electronics to reduce current leakage, enhance longevity, and broaden operational range and growing trend of miniaturization of electronic devices.
In this market, class 1 ceramic capacitors and class 2 ceramic capacitors are the two types of microwave ceramic capacitors used by various end use industries. Lucintel forecasts that class 1 ceramic capacitors will remain the larger product type segment over the forecast period owing to their capability of delivering most stable voltage, temperature, and frequency. Also, class 1 ceramic capacitors are considered suitable for high-frequency applications.
Within this market, consumer electronics segment is expected to witness the highest growth due to growing demand for filtration and protection of delicate circuits from high voltage surge and increasing penetration of microwave ceramic capacitors in electronic products.
APAC is expected to witness the highest growth due to the growing demand from various end use industries, such as automotive and defense industries, increasing demand for electronic products among the population, and presence of large manufacturing units in China.
Vishay Intertechnology, AVX, KEMET, AFM Microelectronics, and Murata Manufacturing are the major suppliers in the global microwave ceramic capacitor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microwave ceramic capacitor market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Microwave Ceramic Capacitor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microwave ceramic capacitor market by product type, application, and region, as follows:
Microwave Ceramic Capacitor Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Class 1 Ceramic Capacitors
Class 2 Ceramic Capacitors
Microwave Ceramic Capacitor Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Consumer Electronics
Automotive
Industrial Machinery
Defense
Others
Microwave Ceramic Capacitor Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microwave ceramic capacitor market by product type (class 1 ceramic capacitor and class 2 ceramic capacitor), application (consumer electronic, automotive, industrial machinery, defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?