Multi-Layer Ceramic Capacitor Market - Outlook, Opportunity, Projects, Application and Company Analysis 2016-2024

Ceramic capacitors are fixed value capacitors wherein the ceramic material acts as the dielectric. A type of ceramic capacitors is the multi-layer ceramic capacitor (MLCC) that consists of alternate layers of ceramic and metal for making a multi-layer chip. One of the key trends influencing the multi-layer ceramic capacitors market is the miniaturization of electronic devices.

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The growing popularity of new designs of MLCCs with higher capacitances, improved bypassing, filtering and decoupling capabilities is positively influencing the growth of the global market.

Multi-layer ceramic capacitors are being increasingly used for EMI suppression and in various applications including AC-AC and DC-DC convertors. Further, the technological improved MLCCs are being used in LED lighting.

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Ceramic capacitors were initially not preferred by LED designers due to flickering light and acoustic noise but with technological advancements, the key players in the MLCC market are offering multi-layer ceramic capacitors with DC smoothing and acoustic noise reduction of LED applications.

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LED lighting is gaining popularity globally owing to the increasing need for power conversion, advanced lighting features and efficient lighting, which is in turn directly fueling the growth of the global multi-layer ceramic capacitors market.

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