MLCC Industry Market Demand & Competitive Forecast 2032
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According to DataIntelo's latest research,in 2023, the global market size for Multilayer Ceramic Capacitors (MLCC) was valued at approximately $11 billion, with projections indicating it will reach around $19.3 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 6.1%. The rise in electronic component miniaturization and the expansion of 5G technology are key contributors to this growth.