Market Summary
Global MLCC for 5G Smartphones Market Overview
The MLCC for 5G smartphones market Size was valued at USD 9.20 billion in 2022. The MLCC for 5G smartphones market industry is projected to grow USD 30.41 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.90% during the forecast period (2023 - 2032). The growing necessity for high-frequency and high-capacitance components to support the improved features and connectivity needs of 5G technology is one of the main market drivers driving the demand for multi-layer ceramic capacitors (MLCC) in 5G devices.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
MLCC for 5G Smartphones Market Trends
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High demand in 5G devices is driving the market growth
Multi-Layer Ceramic Capacitors (MLCC) are in high demand in 5G devices due to the unique requirements imposed by the enhanced functionality and connectivity standards of 5G technology. When compared to its predecessors, 5G technology runs at greater frequencies. Electronic parts that are capable of handling and reacting to these higher frequencies are needed for this higher frequency range. Due to their high-frequency operation capabilities, MLCCs play a vital role in guaranteeing the dependable operation of devices equipped with 5G. 5G networks' quick data transfer and communication requirements are ideally suited to their rapid energy storage and release capabilities. Additionally, 5G cellphones have higher capacitance requirements. Higher capacitance is frequently required in the context of 5G to enable the increasing data transfer speeds and low-latency communication. Capacitance is a measure of a capacitor's ability to store an electric charge. MLCCs offer a small and effective way to meet the required capacitance values without sacrificing the physical dimensions of contemporary smartphones because to their multilayer ceramic composition.
Another major element propelling the need for Multi-Layer Ceramic Capacitors (MLCCs) is the trend toward downsizing in smartphone design. The goal of improving smartphone performance while also making them lighter, smaller, and more compact is a constant focus as these devices develop. This trend makes it difficult to put sophisticated electronic components into the constrained area seen in contemporary smartphones. Because of their small size and space-saving design, MLCCs are essential in tackling these issues. Because of their high capacitance-to-volume ratio, which enables them to retain a sizable quantity of electrical charge in a comparatively tiny physical footprint, these capacitors are well-known. This feature fits in nicely with smartphone manufacturers' miniaturization objectives. Moreover, smartphone internal components need to get smaller without sacrificing functionality as they get sleeker and more efficient. Because of their multilayer ceramic construction, which enables higher capacitance in a small form factor, MLCCs perform exceptionally well in fulfilling this criteria. Because of their effective use of space, MLCCs are perfect for incorporation into the tightly packed circuit boards of contemporary smartphones. Thus, driving the MLCC for 5G smartphones market revenue.
MLCC for 5G Smartphones Market Segment Insights:
MLCC for 5G Smartphones Application Insights
The MLCC for 5G Smartphones Market segmentation, based on application includes Android, iOS, HarmonyOS, and Other. The android segment dominated the market. MLCCs are used by Android devices to satisfy 5G technology's requirements, which include higher capacitance needs and high-frequency operation. The requirement for MLCCs to offer improved features and communication standards across all operating systems is what is driving the demand for these components in the 5G smartphone industry. Therefore, rather than concentrating on the particular operating system, the MLCC market for 5G smartphones is more concerned with the technological needs.
MLCC for 5G Smartphones Type Insights
The MLCC for 5G Smartphones Market segmentation, based on type, includes 0402M, 0201M, and Other. The 0402M category generated the most income. The 0402M category designates a small surface-mount capacitor that is roughly 0.04 by 0.02 inches in size. Since there is a limited amount of space on circuit boards for mobile devices, such as 5G smartphones, this compact form factor is very important. As part of the shrinking push, manufacturers are able to incorporate these capacitors into tiny designs without compromising performance due to the 0402M MLCCs.
Figure 1: MLCC for 5G Smartphones Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
MLCC for 5G Smartphones Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American MLCC for 5G smartphones market area will dominate this market. The market is being driven by several factors, including the increasing need from consumers for smooth and continuous connectivity, the development of the 5G network infrastructure, the increasing adoption of 5G technology in smartphones, the growing need for advanced technologies and high-speed connectivity, and the growing usage of internet-enabled applications and services.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: MLCC FOR 5G SMARTPHONES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe MLCC for 5G smartphones market accounts for the second-largest market share. The European market is home to several major smartphone manufacturers, including Samsung, Nokia, and Sony, and 5G technology is also gaining traction there. Furthermore, the growth of MLCC technology, the market's ongoing expansion, and customers' increasing need for smartphones with better performance are expected to propel the 5G smartphone market in Europe. Further, the German MLCC for 5G smartphones market held the largest market share, and the UK MLCC for 5G smartphones market was the fastest growing market in the European region
The Asia-Pacific MLCC for 5G Smartphones Market is expected to grow at the fastest CAGR from 2023 to 2032 driven by the area's prominence in manufacturing, the broad usage of 5G technology, the substantial mobile device user population, and a dedication to technical innovation. Furthermore, the need for electronic components, such as MLCCs, has increased due to the rapid deployment and expansion of 5G networks in this region. These components are essential for meeting the sophisticated features and connectivity demands of 5G smartphones. Moreover, China’s MLCC for 5G smartphones market held the largest market share, and the Indian MLCC for 5G smartphones market was the fastest growing market in the Asia-Pacific region.
MLCC for 5G Smartphones Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the MLCC for 5G smartphones market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, MLCC for 5G smartphones industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global MLCC for 5G smartphones industry to benefit clients and increase the market sector. In recent years, the MLCC for 5G smartphones industry has offered some of the most significant advantages to medicine. Major players in the MLCC for 5G smartphones market are attempting to increase market demand by investing in research and development operations includes
Japanese corporation Murata Manufacturing Co., Ltd. was founded in 1944. It is renowned for producing cutting-edge electronic parts and solutions. Murata has been serving a variety of industries, including smartphones, and has a thorough understanding of the MLCC market. There is now a considerable demand for MLCCs in smartphones due to the introduction of 5G technology. Because of its vast production capacity and technological competence, Murata is well-positioned to take advantage of this demand. The past performance of the business demonstrates steady growth and effective market placement.
A South Korean business called Samsung Electro-Mechanics, a division of the Samsung Group, is focused on the creation and production of electronic components, particularly MLCCs. The business has a long history and is a reliable supplier to many global smartphone makers. In an effort to take advantage of the rising need for MLCCs in this industry, Samsung Electro-Mechanics has been aggressively concentrating on the 5G smartphone market. In recent years, the company has seen strong market growth and has considerably increased its market share.
Key Companies in the MLCC for 5G smartphones market include
- Murata
- Samsung Electro-Mechanic
MLCC for 5G Smartphones Market Segmentation
MLCC for 5G Smartphones Application Outlook (USD Billion, 2018-2032)
- Android
- IOS
- HarmonyOS
- Others
MLCC for 5G Smartphones Type Outlook (USD Billion, 2018-2032)
- 0402M
- 0201M
- Other
MLCC for 5G Smartphones Regional Outlook (USD Billion, 2018-2032)
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
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Rest of the World
- Middle East
- Africa
- Latin America
Market Size & Forecast
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 9.20 Billion |
| Market Size 2032 | USD 30.41 Billion |
| Compound Annual Growth Rate (CAGR) | 12.90% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Application, Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Murata, Samsung Electro-Mechanic |
| Key Market Opportunities | · Increasing trend of smartphone design miniaturization |
| Key Market Dynamics | · Rising demand for high-frequency and high-capacitance parts to provide 5G technology's advanced capabilities and connectivity needs |
Major Players
MLCC for 5G Smartphones Market Segmentation
MLCC for 5G Smartphones Application Outlook (USD Billion, 2018-2032)
- Android
- IOS
- HarmonyOS
- Others
MLCC for 5G Smartphones Type Outlook (USD Billion, 2018-2032)
- 0402M
- 0201M
- Other
MLCC for 5G Smartphones Regional Outlook (USD Billion, 2018-2032)
- North America Outlook (USD Billion, 2018-2032)
- North America MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- North America MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- US Outlook (USD Billion, 2018-2032)
- US MLCC for 5G Smartphones by Application
- Fluorescence In Situ Hybridization (FISH)
- IOS
- HarmonyOS
- Others
- US MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- CANADA Outlook (USD Billion, 2018-2032)
- CANADA MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- CANADA MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Europe Outlook (USD Billion, 2018-2032)
- Europe MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Europe MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Germany Outlook (USD Billion, 2018-2032)
- Germany MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Germany MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- France Outlook (USD Billion, 2018-2032)
- France MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- France MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- UK Outlook (USD Billion, 2018-2032)
- UK MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- UK MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- ITALY Outlook (USD Billion, 2018-2032)
- ITALY MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- ITALY MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- SPAIN Outlook (USD Billion, 2018-2032)
- Spain MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Spain MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Rest Of Europe Outlook (USD Billion, 2018-2032)
- Rest Of Europe MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- REST OF EUROPE MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Asia-Pacific Outlook (USD Billion, 2018-2032)
- Asia-Pacific MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Asia-Pacific MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- China Outlook (USD Billion, 2018-2032)
- China MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- China MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Japan Outlook (USD Billion, 2018-2032)
- Japan MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Japan MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- India Outlook (USD Billion, 2018-2032)
- India MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- India MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Australia Outlook (USD Billion, 2018-2032)
- Australia MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Australia MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)
- Rest of Asia-Pacific MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Rest of Asia-Pacific MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Rest of the World Outlook (USD Billion, 2018-2032)
- Rest of the World MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Rest of the World MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Middle East Outlook (USD Billion, 2018-2032)
- Middle East MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Middle East MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Africa Outlook (USD Billion, 2018-2032)
- Africa MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Africa MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Latin America Outlook (USD Billion, 2018-2032)
- Latin America MLCC for 5G Smartphones by Application
- Android
- IOS
- HarmonyOS
- Others
- Latin America MLCC for 5G Smartphones by Type
- 0402M
- 0201M
- Other
- Rest of the World MLCC for 5G Smartphones by Application
- Asia-Pacific MLCC for 5G Smartphones by Application
- Europe MLCC for 5G Smartphones by Application
- North America MLCC for 5G Smartphones by Application
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