Key Insights
The India Multilayer Ceramic Capacitor (MLCC) market is projected for substantial expansion, driven by the nation's robust electronics manufacturing sector. With a market size of 20.4 billion in the base year 2025, the market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 13%. This growth trajectory is fueled by escalating demand across key sectors including consumer electronics, automotive (especially electric vehicles), and telecommunications infrastructure. The increasing adoption of smart devices and Internet of Things (IoT) applications further bolsters market expansion.
India MLCC Market Market Size (In Billion)
The India MLCC market is segmented by key parameters, including capacitance value (e.g., <100µF, 100µF-1000µF, >1000µF), mounting type (surface mount, radial lead, metal cap), end-user industry (automotive, consumer electronics, industrial, medical devices, aerospace & defense, telecommunications, power & utilities, and others), dielectric type, case size, and voltage rating (<500V, 500V-1000V, >1000V). Evolving technological advancements and consumer preferences will influence segment dominance.
India MLCC Market Company Market Share
While challenges such as raw material price volatility and global supply chain disruptions exist, the strong outlook for India's electronics manufacturing sector ensures sustained growth for the MLCC market.
Geographically, varying growth potential is expected across North, South, East, and West India, influenced by concentrated manufacturing hubs and consumer demand. Government initiatives promoting domestic manufacturing and the presence of established electronics players will shape the regional market landscape. Leading participants include Vishay Intertechnology, Kyocera AVX, Murata, and TDK, alongside prominent domestic manufacturers. Their strategic focus on product innovation, technological advancements, and capacity expansion will be critical in defining the market's future.
India MLCC Market: A Comprehensive Report (2019-2033)
This insightful report provides a comprehensive analysis of the India MLCC (Multilayer Ceramic Capacitor) market, offering a detailed examination of market trends, leading players, technological advancements, and future growth prospects. The report covers the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033. It offers invaluable insights for stakeholders, investors, and industry professionals seeking to understand and navigate this dynamic market. The market is expected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period.
India MLCC Market Market Composition & Trends
The India MLCC market is characterized by a moderately concentrated landscape, with key players such as Murata Manufacturing Co Ltd, TDK Corporation, and Samsung Electro-Mechanics holding significant market share. However, the market also features several regional and smaller players, contributing to a competitive environment. Innovation is driven by increasing demand for miniaturization, higher capacitance, and improved performance in various end-use applications. Stringent regulatory standards regarding safety and reliability are also shaping market trends. Substitute products, such as electrolytic capacitors, exist, but MLCCs maintain a dominant position due to their superior performance characteristics in specific applications. The market has witnessed several M&A activities in recent years, although precise deal values are unavailable for this report (xx Million in total estimated value for 2019-2024).
- Market Share Distribution (2024): Murata (xx%), TDK (xx%), Samsung Electro-Mechanics (xx%), Others (xx%).
- Key Innovation Catalysts: Miniaturization, higher capacitance density, improved temperature stability.
- Regulatory Landscape: Adherence to safety and reliability standards (details within the full report).
- M&A Activity (2019-2024): xx number of deals, with an estimated total value of xx Million.
India MLCC Market Industry Evolution
The India MLCC market has experienced significant growth over the historical period (2019-2024), driven by robust demand from the consumer electronics, automotive, and industrial sectors. This growth is expected to continue throughout the forecast period (2025-2033), although the rate of growth may moderate compared to the previous period. Technological advancements, particularly in materials science and manufacturing processes, are enabling the development of smaller, higher-performance MLCCs. Shifting consumer demands towards smaller, more energy-efficient devices are further boosting market growth. The adoption of advanced MLCC technologies in high-growth sectors like electric vehicles and 5G telecommunications is a crucial factor propelling market expansion. For example, the adoption rate of MLCCs in electric vehicles increased by xx% from 2020 to 2024. The market witnessed an average annual growth rate of xx% during 2019-2024. The growth is projected to be xx% during the forecast period.
Leading Regions, Countries, or Segments in India MLCC Market
The surface mount MLCC mounting type segment dominates the market due to its suitability for automated assembly processes in high-volume manufacturing. Within the end-user segment, the consumer electronics sector leads, followed by the automotive and industrial sectors. The less than 100µF capacitance range holds the largest market share reflecting the extensive application across various consumer electronic devices. Key drivers for these dominant segments include:
- Surface Mount MLCC: High demand from electronics manufacturers for automated assembly and miniaturization.
- Consumer Electronics: High volume production of smartphones, laptops, and other consumer devices.
- Less than 100µF Capacitance: Widespread use in various consumer electronics and other applications.
The dominance of these segments is further analyzed in the detailed report, considering factors such as government policies, investments in manufacturing facilities and infrastructure, and technological advancements.
India MLCC Market Product Innovations
Recent innovations focus on enhanced performance characteristics, including improved temperature stability, higher capacitance density, and miniaturization. Manufacturers are developing MLCCs with higher voltage ratings to meet the increasing demands of automotive and power electronics applications. The introduction of new dielectric materials and manufacturing processes are also driving innovation, enabling the creation of more efficient and reliable MLCCs. Unique selling propositions include improved reliability under harsh operating conditions, reduced size, and enhanced energy efficiency.
Propelling Factors for India MLCC Market Growth
The growth of the India MLCC market is propelled by several key factors. Technological advancements leading to smaller, more efficient, and higher-capacity MLCCs are a major driver. The burgeoning consumer electronics sector and the rapid growth of the automotive industry (especially electric vehicles) are key demand drivers. Furthermore, supportive government policies and investments in infrastructure are fostering market expansion. The rising demand for 5G technology is also creating a significant opportunity for the market.
Obstacles in the India MLCC Market Market
The India MLCC market faces certain challenges, including supply chain disruptions impacting raw material availability and component sourcing. Price volatility of raw materials can also affect profit margins. Intense competition from both domestic and international players can restrict profitability. Furthermore, stringent regulatory requirements related to safety and environmental compliance add to the operational cost.
Future Opportunities in India MLCC Market
Future growth opportunities lie in the increasing demand for high-voltage MLCCs in electric vehicles and renewable energy applications. The expansion of the 5G infrastructure is set to drive demand for advanced MLCCs with superior performance characteristics. Furthermore, the growing demand for miniaturized and energy-efficient electronics across various sectors will continue to fuel market expansion. The development of new materials and manufacturing techniques will open up new avenues for innovation and growth.
Major Players in the India MLCC Market Ecosystem
- Vishay Intertechnology Inc
- Kyocera AVX Components Corporation (Kyocera Corporation)
- Maruwa Co ltd
- Samwha Capacitor Group
- Walsin Technology Corporation
- Samsung Electro-Mechanics
- Würth Elektronik GmbH & Co KG
- Yageo Corporation
- Taiyo Yuden Co Ltd
- TDK Corporation
- Murata Manufacturing Co Ltd
- Nippon Chemi-Con Corporation
Key Developments in India MLCC Market Industry
- July 2023: KEMET (Yageo Corporation) launched the X7R automotive-grade MLCC, designed for high-voltage automotive subsystems (100pF-0.1uF, 500V-1kV), in EIA 0603-1210 case sizes.
- June 2023: Launch of the NTS/NTF Series SMD type MLCCs (25-500 Vdc, 0.010-47µF) for industrial applications such as on-board power supplies and voltage regulators.
- May 2023: Murata introduced the EVA series MLCCs, suitable for EV applications including OBCs, inverters, DC/DC converters, BMS, and WPT implementations, designed for 800V powertrain systems.
Strategic India MLCC Market Market Forecast
The India MLCC market is poised for substantial growth, driven by technological advancements, increasing demand from key end-user sectors, and supportive government initiatives. The expanding consumer electronics, automotive, and industrial sectors will continue to fuel market expansion. The emergence of new applications in 5G and electric vehicles will further stimulate demand for advanced MLCCs. The market is expected to witness significant expansion, driven by both organic growth and strategic acquisitions.
India MLCC Market Segmentation
-
1. Dielectric Type
- 1.1. Class 1
- 1.2. Class 2
-
2. Case Size
- 2.1. 0 201
- 2.2. 0 402
- 2.3. 0 603
- 2.4. 1 005
- 2.5. 1 210
- 2.6. Others
-
3. Voltage
- 3.1. 500V to 1000V
- 3.2. Less than 500V
- 3.3. More than 1000V
-
4. Capacitance
- 4.1. 100µF to 1000µF
- 4.2. Less than 100µF
- 4.3. More than 1000µF
-
5. Mlcc Mounting Type
- 5.1. Metal Cap
- 5.2. Radial Lead
- 5.3. Surface Mount
-
6. End User
- 6.1. Aerospace and Defence
- 6.2. Automotive
- 6.3. Consumer Electronics
- 6.4. Industrial
- 6.5. Medical Devices
- 6.6. Power and Utilities
- 6.7. Telecommunication
- 6.8. Others
India MLCC Market Segmentation By Geography
- 1. India
India MLCC Market Regional Market Share
Geographic Coverage of India MLCC Market
India MLCC Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 13% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rise in the Applications of Semiconductors; Advancement in Technology Such as Magnetron Sputtering Technology
- 3.3. Market Restrains
- 3.3.1. Rise of Alternative Technologies Such as Thermal Evaporation
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. India MLCC Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Dielectric Type
- 5.1.1. Class 1
- 5.1.2. Class 2
- 5.2. Market Analysis, Insights and Forecast - by Case Size
- 5.2.1. 0 201
- 5.2.2. 0 402
- 5.2.3. 0 603
- 5.2.4. 1 005
- 5.2.5. 1 210
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast - by Voltage
- 5.3.1. 500V to 1000V
- 5.3.2. Less than 500V
- 5.3.3. More than 1000V
- 5.4. Market Analysis, Insights and Forecast - by Capacitance
- 5.4.1. 100µF to 1000µF
- 5.4.2. Less than 100µF
- 5.4.3. More than 1000µF
- 5.5. Market Analysis, Insights and Forecast - by Mlcc Mounting Type
- 5.5.1. Metal Cap
- 5.5.2. Radial Lead
- 5.5.3. Surface Mount
- 5.6. Market Analysis, Insights and Forecast - by End User
- 5.6.1. Aerospace and Defence
- 5.6.2. Automotive
- 5.6.3. Consumer Electronics
- 5.6.4. Industrial
- 5.6.5. Medical Devices
- 5.6.6. Power and Utilities
- 5.6.7. Telecommunication
- 5.6.8. Others
- 5.7. Market Analysis, Insights and Forecast - by Region
- 5.7.1. India
- 5.1. Market Analysis, Insights and Forecast - by Dielectric Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Vishay Intertechnology Inc
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Kyocera AVX Components Corporation (Kyocera Corporation)
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Maruwa Co ltd
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Samwha Capacitor Group
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Walsin Technology Corporation
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Samsung Electro-Mechanics
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Würth Elektronik GmbH & Co KG
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Yageo Corporatio
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Taiyo Yuden Co Ltd
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 TDK Corporation
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.11 Murata Manufacturing Co Ltd
- 6.2.11.1. Overview
- 6.2.11.2. Products
- 6.2.11.3. SWOT Analysis
- 6.2.11.4. Recent Developments
- 6.2.11.5. Financials (Based on Availability)
- 6.2.12 Nippon Chemi-Con Corporation
- 6.2.12.1. Overview
- 6.2.12.2. Products
- 6.2.12.3. SWOT Analysis
- 6.2.12.4. Recent Developments
- 6.2.12.5. Financials (Based on Availability)
- 6.2.1 Vishay Intertechnology Inc
List of Figures
- Figure 1: India MLCC Market Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: India MLCC Market Share (%) by Company 2025
List of Tables
- Table 1: India MLCC Market Revenue billion Forecast, by Dielectric Type 2020 & 2033
- Table 2: India MLCC Market Revenue billion Forecast, by Case Size 2020 & 2033
- Table 3: India MLCC Market Revenue billion Forecast, by Voltage 2020 & 2033
- Table 4: India MLCC Market Revenue billion Forecast, by Capacitance 2020 & 2033
- Table 5: India MLCC Market Revenue billion Forecast, by Mlcc Mounting Type 2020 & 2033
- Table 6: India MLCC Market Revenue billion Forecast, by End User 2020 & 2033
- Table 7: India MLCC Market Revenue billion Forecast, by Region 2020 & 2033
- Table 8: India MLCC Market Revenue billion Forecast, by Dielectric Type 2020 & 2033
- Table 9: India MLCC Market Revenue billion Forecast, by Case Size 2020 & 2033
- Table 10: India MLCC Market Revenue billion Forecast, by Voltage 2020 & 2033
- Table 11: India MLCC Market Revenue billion Forecast, by Capacitance 2020 & 2033
- Table 12: India MLCC Market Revenue billion Forecast, by Mlcc Mounting Type 2020 & 2033
- Table 13: India MLCC Market Revenue billion Forecast, by End User 2020 & 2033
- Table 14: India MLCC Market Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the India MLCC Market?
The projected CAGR is approximately 13%.
2. Which companies are prominent players in the India MLCC Market?
Key companies in the market include Vishay Intertechnology Inc, Kyocera AVX Components Corporation (Kyocera Corporation), Maruwa Co ltd, Samwha Capacitor Group, Walsin Technology Corporation, Samsung Electro-Mechanics, Würth Elektronik GmbH & Co KG, Yageo Corporatio, Taiyo Yuden Co Ltd, TDK Corporation, Murata Manufacturing Co Ltd, Nippon Chemi-Con Corporation.
3. What are the main segments of the India MLCC Market?
The market segments include Dielectric Type, Case Size, Voltage, Capacitance, Mlcc Mounting Type, End User.
4. Can you provide details about the market size?
The market size is estimated to be USD 20.4 billion as of 2022.
5. What are some drivers contributing to market growth?
Rise in the Applications of Semiconductors; Advancement in Technology Such as Magnetron Sputtering Technology.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Rise of Alternative Technologies Such as Thermal Evaporation.
8. Can you provide examples of recent developments in the market?
July 2023: KEMET, part of the Yageo Corporation developed the X7R automotive grade MLCC X7R. This MLCC is designed to meet the high voltage requirements of automotive subsystems, ranging from 100pF-0.1uF and with a DC voltage range of 500V-1kV. The range of cases available is EIA 0603-1210, and is suitable for both automotive under hoods and in-cabin applications. These MLCCs demonstrate the essential and reliable nature of capacitors, which are essential for the mission and safety of automotive subsystems.June 2023: The growing demand for industrial equipments has driven the company to introduce NTS/NTF NTS/NTF Series of SMD type MLCC. These capacitors are rated with 25 to 500 Vdc with a capacitance ranging from 0.010 to 47µF. These MLCCs are used in on-board power supplies,voltage regulators for computers,smoothing circuit of DC-DC converters,etc.May 2023: Murata has introduced the EVA series of MLCC, which are beneficial to EV manufacturers due to their versatility. These MLCC's can be used in a variety of applications, including OBC (On-Board Charger), inverter and DC/DC Converter, BMS (Battery Management System), and WPT (Wireless Power Transfer) implementations. As a result, they are ideal to the increased isolation that the 800V powertrain migration will require, while also meeting the miniaturization requirements of modern automotive systems.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "India MLCC Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the India MLCC Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the India MLCC Market?
To stay informed about further developments, trends, and reports in the India MLCC Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence