The “Global and China Automotive MLCC Industry Report, 2020-2026” report has been added to ResearchAndMarkets.com’s offering.
As one of the most widely used passive components, MLCC commands approximately 40% of the capacitor market. MLCC finds broad application in fields like communication, consumer electronics, automobile and military, where the robust demand conduces to the expanding MLCC market.
A staggering 64% or so of MLCCs are consumed by consumer electronics, especially smartphones which occupy 39% of total consumption. In iPhone’s case, smartphones with higher configuration use more MLCCs, e.g., an iPhone X needs as many as 1,100 MLCCs compared with an iPhone 5S using 400 pieces. Besides, the portable and intelligent wearables such as TWS headphones and smart watches have drawn much attention from the market over recent years, producing significant demand for MLCCs.
As commercial use of 5G is at a gallop, 5G-enabled smartphones will pack more MLCCs than 4G ones.