1. HOME
2. Research Insight
3. Multilayer Ceramic Capacitor Companies - Murata (Japan) and Samsung Electro-Mechanics (South Korea) are the Key Players

The multilayer ceramic capacitor (MLCC) market is expected to grow from USD 14.0 billion in 2022 to USD 26.6 billion by 2027, at a CAGR of 13.8% during the forecast period. The growing focus on 5G development to increase the network reach in various regions and increasing demand for MLCCs in electric vehicles (EVs) and advanced driver assistance systems (ADAS) are the major drivers for the MLCC market. The widespread usage of smartphones and tablets, a surge in discretionary income, and miniaturization of electronic devices (smart wearable devices, and IoT devices) on a global scale create future scope for the sales of MLCCs. The global shortage of MLCCs due to a decrease in prices is a major factor restraining the growth of the MLCC market. In addition, the difficulties in miniaturization of MLCCs while maintaining high capacitance is a major challenge for the market players.

Although the MLCC market is growing at a steady pace, it is consolidated owing to the presence of several players such as Murata (Japan), Samsung Electro-Mechanics (South Korea), TAIYO YUDEN (Japan), YAGEO (Taiwan), Walsin Technology (Taiwan) venturing into continuous R&D and patented manufacturing technologies in the MLCC market. Key strategies adopted by these players to enhance their product portfolios, increase their market share, and expand their presence in the market mainly include product launches, deals (mergers, acquisitions, joint ventures, and investments), and others (expansions). These strategies enabled them to efficiently cater to the growing demand for MLCCs from different end-user industries and expand their footprint by offering products in all the major regions.

For instance, in January 2022, YAGEO (Taiwan) expanded its 01005 MLCC range and capacity in both Class I and Class II MLCCs, now covering NPO up to 100pF, X7R up to 1.2 nF, and X5R up to capacitance of 470 nF. This product line, combined with YAGEOs leadership position in 01005 resistors, positions YAGEO as a significant supplier of small-size passive components. In January 2022, TDK announced that it has successfully built an industry-first recycling system that reuses PET films used in the manufacturing process of multilayer ceramic capacitors. When compared to conventional PET films, recycled PET film reduces CO2 emissions by about 10%. Normally, the surfaces of discarded PET films from the MLCC manufacturing process are specially processed and cannot be reused without further processing. As a result, they are primarily thermally recycled or incinerated. In comparison, the new TDK system washes the surfaces of waste PET films, converts them to PET plastic form (as a pellet), and then forms a film for PET film manufacturer TORAY Corporation. The films are then purchased by TDK and undergo special processing, allowing them to be reused in the manufacturing process. Further Walsin Technology (Taiwan) also did one acquisition in 2020. In November 2020, Walsin Technology acquired an additional 9.9% share of Silitech Technology (Taiwan), a publicly traded company. With this acquisition, Walsin Technology now holds a total of 15% share of Silitech Technology and later will work in cooperation with Walsin Technology to strengthen Walsins automotive product market. The offer price was USD 1.07 per share.

Multilayer Ceramic Capacitor companies include: 

• Murata (Japan),
• Samsung Electro-Mechanics (South Korea),
• TAIYO YUDEN (Japan),
• YAGEO (Taiwan),
• Walsin Technology (Taiwan).

To know about the assumptions considered for the study download the pdf brochure

Murata

The company operates through two business segments: Components and Modules. Through the Components segment, Murata provides capacitors, piezoelectric components, and a few other components. Murata offers various types of capacitors in the market including multilayer ceramic capacitors (MLCC), polymer aluminum electrolytic capacitors, trimmer capacitors, supercapacitors, and single-layer microchip capacitors, silicon capacitors, and variable capacitors.

Murata strengthens its core competencies that enable sustainable growth. The company has identified issues in the MLCC market and continues to provide solutions to these issues with significantly improved products in the market that offer better reliability, compact form factor, and higher capacitance. Muratas products will continue to be in high demand with the computerization of more electronic products; increasing functionality and speed of communication equipment; and the growing electrification of vehicles, the advent of ADAS (advanced driver assistance systems), and self-driving vehicles. With the expansion of several new manufacturing units in the last three years, Murata aims to capitalize on its strengths in the MLCC business to maintain its position as the global leader in the MLCC market. Murata also employs the organic growth strategy by launching multiple products for a variety of end users. It capitalizes on the growing demand for MLCCs in the automotive and electronics end-user industries by launching dedicated products for these markets.

Samsung Electro-Mechanics

Samsung Electro-Mechanics operates through three reportable segments: Component, Optics & Communication, and Package Substrate. Through the Component segment, the company offers multilayer ceramic capacitors (MLCCs), inductors, chip resistors, and tantalum capacitors in the electrical appliances and electronics manufacturing markets. Samsung Electro-Mechanics offers various types of MLCCs such as a general-purpose, array, embedded/LSC, high-bending strength, high-bending strength (automotive), ESD protection, fail-safe (soft termination 5 mm), low acoustic noise, and Low ESL MLCCs. Samsung Electro-Mechanics develops MLCCs for electronics that require higher reliability.

Samsung Electro-Mechanics is expanding its business by adopting organic strategies such as expansions and product launches. It is focusing on the development of MLCCs for 5G smartphones and automotive end-user industries. The demand for the product in the MLCC category is expected to be driven by the 5G smartphone market, telecommunications (including server and network applications), and the automotive market for the next three to four years. The company intends to respond to changes in market demand more flexibly by improving productivity and expanding the supply of high-value-added products for 5G, servers, and electric vehicles. For instance, in November 2021, Samsung Electro-Mechanics developed high capacitance MLCCs for 5G base stations. Samsung Electro-Mechanics MLCC achieved a high capacitance of 10 µF to supply energy quickly and consistently to high-performance semiconductors.

Related Reports:

Multilayer Ceramic Capacitor Market by Dielectric (Class I (C0G, X8G, U2J), and Class II (X7R, X5R, Y5V, X7S)), Rated Voltage (Low (Up to 50V), Medium (100-630V), and High (1000V & Above)), End User (Electronics, Automotive) - Global Forecast to 2027

See Also :

Supercapacitor Companies

See Also :

Power Electronics Companies

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]