Multi-Layer Ceramic Capacitor Market To Grow At 2.79% CAGR Driven By Miniaturization Of Electronic Devices And APAC To 2020
RnRMarketResearch.com adds Global Multi-layer Ceramic Capacitor Market 2016-2020 latest research report, the analysts forecast global multi-layer ceramic capacitor market to grow at a CAGR of 2.79% during the period 2016-2020.
June 20, 2016 /MarketersMedia/ —
The multi-layer ceramic capacitor market analyst said a key trend influencing market growth is the miniaturization of electronic devices. The consumer electronics sector is the most prominent sector that drives the demand for miniaturized MLCCs. The demand not only pertains to the consumer electronics sector but also other sectors, such as military, industrial, and medical facilities, that require high reliability. This will drive the demand for robust, miniaturized MLCCs during the forecast period.
Complete report on multi-layer ceramic capacitor market spread across 54 pages, analyzing 4 major companies and providing 32 data exhibits is now available at http://www.rnrmarketresearch.com/global-multi-layer-ceramic-capacitor-market-2016-2020-market-report.html
According to the multi-layer ceramic capacitor market report, a key growth driver is the need for highly improved MLCCs in LED lighting. LED lighting is gaining momentum globally due to the growing need for power conservation, efficient lighting, and advanced lighting features. Initially, ceramic capacitors were not favored by LED designers due to acoustic noise and flickering light. However, with advances in technology, vendors such as Murata are offering MLCCs with acoustic noise reduction and DC smoothing for LED applications. This has increased the integration of MLCCs in LED lighting.
The increase in product advancements is the key driving forcing behind the growth in this multi-layer ceramic capacitor market. With the aid of the Internet of things (IoT), multi-layer ceramic capacitor (MLCC) manufacturers can get a better understanding of customer needs and consumer behavior. As a result, they can develop new products frequently with improved connectivity, efficiency, productivity, and security. During 2015, APAC dominated the global MLCC market with over 84% stake in the market space. The market is booming in this region owing to the presence of a vast number of original equipment and device manufacturers. The huge demand for MLCCs for consumer electronics and automotive applications from countries such as China, India, Thailand, Malaysia, and Japan is expected to boost growth in the MLCC market in APAC during the forecast period.
The following companies are the key players in the global multi-layer ceramic capacitor market: Murata, Samsung Electro-Mechanics, TDK, and TAIYO YUDEN. Other prominent vendors in the market are: American Technical Ceramics, AVX Corporation, Cornell Dubilier Electronics, Dielectric Lab, Johanson Technology, KYOCERA, SAMWHA, KEMET, and Vishay Intertechnology. Order a copy of Global Multi-layer Ceramic Capacitor Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=607606
Global Multi-Layer Ceramic Capacitor (MLCC) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global MLCC market for 2016-2020. To calculate the market size, report considers revenue generated from the sales of MLCCs to semiconductor component manufacturers.
Further, the multi-layer ceramic capacitor market report states that one challenge that could restrict market growth is flaws in the MLCC material functionalities. In certain conditions, a crack in the ceramic portion of an MLCC may cause difficulties. These difficulties result from mechanical harm caused by the soldering process to the printed circuit board, which normally occurs due to mishandling of the board or the exposure of the assembly unit to extreme environmental conditions.
Another related report is Global LED Market 2016-2020, the analysts forecast Global LED Market to grow at a CAGR of 15% during the period 2016-2020. A major trend contributing to market growth is the reduction in price of LED components. A fall in the demand for LED products for backlighting has led to a decline in the average selling price of LED chips and LED packages. In the second half of 2015, the prices for these products declined and came close to material costs. This resulted in many manufacturers incurring losses. In the short term, manufacturers are compelled to lower LED prices. Browse complete report @ http://www.rnrmarketresearch.com/global-led-market-2016-2020-market-report.html
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