UNITED STATES MULTI-LAYER CERAMIC CAPACITOR MARKET FORECAST 2024-2032

Renowned for its pioneering strides in advanced automotive technologies, especially electric vehicles and autonomous features, the country’s market demand is on a continuous upsurge. Furthermore, the increasing need for high-end electronic devices like smartphones, PCs, tablets, drones, cameras, and automotive navigation systems has become a magnet for various vendors eyeing investments in this evolving market.

The United States government’s commitment to supporting technological advancements and fostering innovation in electronics has further propelled the growth of the multi-layer ceramic capacitor market. Despite the ongoing trade tensions between the United States and China, which might impact the demand for multi-layer ceramic capacitors, this situation also presents a substantial opportunity for domestic manufacturers to flourish within the market. As the United States continues to spearhead technological innovations and witness an expansion in electronic applications, the demand for multi-layer ceramic capacitors is expected to persistently increase, showcasing a promising growth trajectory in the years to come. 

Automakers, along with their suppliers, constitute the largest manufacturing sector in the United States, contributing 3% to the country’s GDP. Notably, high-tech automobiles such as Tesla necessitate a substantial number of MLCCs, approximately 10,000 per vehicle, significantly higher than those required for smartphones. This soaring demand from car manufacturers has created an opportunity for niche suppliers to thrive.

The United States multi-layer ceramic capacitor market is segmented into rated voltage range, type, dielectric type, and end-user. The rated voltage range segment includes a low range, mid range, and high range. Passive electronic parts called high range voltage capacitors store energy and charge for use in high-voltage applications. These are made up of two conducting plates and an insulating substance known as the dielectric between them. 

A high system voltage is typically required for electric vehicles because of the decreased appearing current. This leads to a high-voltage side electrical system that is significantly more complex than that of a traditional car with an internal combustion engine. High-voltage multi-layer ceramic capacitors, in contrast to all ceramic capacitors, have flexible configurations, large sizes, high thermal stability, and volumetric capacitance, in addition to noticeably low ESR and ESL. They perform exceptionally well in the high-frequency range.

With a low maximum rated voltage, ceramic capacitors are compact. They can be safely connected to an AC source because they are not polarized. Multi-layer ceramic capacitors with low voltage that have a case size of 01005 or greater are available. On the other hand, 0603 is the smallest size for a multi-layer ceramic capacitor rated at 250 V. One major benefit of low-voltage drives is increased safety. 

Some of the top companies operating in the United States multi-layer ceramic capacitor market include Knowles Electronics Llc, Kyocera AVX, Murata Manufacturing Co Ltd, etc.

Knowles Electronics Llc, headquartered in the United States, designs and manufactures micro-acoustic, audio processing, and precision device solutions. The company operates through three segments: Medtech and Specialty Audio (MSA), Precision Devices (PD), and Consumer Micro-Electro-Mechanical Systems (MEMS) Microphones (CMM). The PD segment is dedicated to designing and delivering capacitor products and RF solutions, primarily catering to the defense, Medtech, electric vehicle, and industrial sectors. The MSA segment specializes in the design and manufacturing of balanced armature speakers and microphones.