MLCC for 5G Smartphones Market

High demand in 5G devices is driving the market growth

Multi-Layer Ceramic Capacitors (MLCC) are in high demand in 5G devices due to the unique requirements imposed by the enhanced functionality and connectivity standards of 5G technology. When compared to its predecessors, 5G technology runs at greater frequencies. Electronic parts that are capable of handling and reacting to these higher frequencies are needed for this higher frequency range. Due to their high-frequency operation capabilities, MLCCs play a vital role in guaranteeing the dependable operation of devices equipped with 5G. 5G networks' quick data transfer and communication requirements are ideally suited to their rapid energy storage and release capabilities.

Additionally, 5G cellphones have higher capacitance requirements. Higher capacitance is frequently required in the context of 5G to enable the increasing data transfer speeds and low-latency communication. Capacitance is a measure of a capacitor's ability to store an electric charge. MLCCs offer a small and effective way to meet the required capacitance values without sacrificing the physical dimensions of contemporary smartphones because to their multilayer ceramic composition.

Another major element propelling the need for Multi-Layer Ceramic Capacitors (MLCCs) is the trend toward downsizing in smartphone design. The goal of improving smartphone performance while also making them lighter, smaller, and more compact is a constant focus as these devices develop. This trend makes it difficult to put sophisticated electronic components into the constrained area seen in contemporary smartphones. Because of their small size and space-saving design, MLCCs are essential in tackling these issues.

Because of their high capacitance-to-volume ratio, which enables them to retain a sizable quantity of electrical charge in a comparatively tiny physical footprint, these capacitors are well-known. This feature fits in nicely with smartphone manufacturers' miniaturization objectives. Moreover, smartphone internal components need to get smaller without sacrificing functionality as they get sleeker and more efficient. Because of their multilayer ceramic construction, which enables higher capacitance in a small form factor, MLCCs perform exceptionally well in fulfilling this criteria. Because of their effective use of space, MLCCs are perfect for incorporation into the tightly packed circuit boards of contemporary smartphones.

Thus, driving the MLCC for 5G smartphones market revenue.

The Global MLCC for 5G Smartphones Market Industry is poised for substantial growth, with projections indicating a market size of 43.8 USD Billion by 2035. This growth trajectory is underpinned by various factors, including technological advancements, increasing smartphone penetration, and regulatory support for 5G deployment. The anticipated CAGR of 10.99% from 2025 to 2035 reflects the industry's potential to adapt and thrive in a rapidly evolving technological landscape. As demand for 5G smartphones continues to escalate, the MLCC market is likely to expand, driven by the need for high-performance components that support the functionality and efficiency of these devices.

The Global MLCC for 5G Smartphones Market Industry is significantly impacted by the increasing penetration of smartphones worldwide. As more consumers transition to smartphones, particularly in emerging markets, the demand for 5G-enabled devices rises correspondingly. This trend is particularly evident in regions such as Asia-Pacific, where smartphone adoption is accelerating rapidly. The anticipated growth in the smartphone market is expected to contribute to the overall expansion of the MLCC market, with projections indicating a market size of 43.8 USD Billion by 2035. This growth underscores the importance of MLCCs in supporting the functionality and performance of next-generation smartphones.

The Global MLCC for 5G Smartphones Market Industry experiences a surge in demand driven by the rapid adoption of 5G technology. As consumers increasingly seek faster internet speeds and enhanced connectivity, smartphone manufacturers are compelled to integrate advanced components, including multilayer ceramic capacitors (MLCCs). The market is projected to reach 13.9 USD Billion in 2024, reflecting the growing need for efficient power management and signal integrity in 5G devices. This trend is likely to continue, as the global shift towards 5G networks fosters innovation and competition among smartphone manufacturers, thereby elevating the demand for high-performance MLCCs.

Innovations in MLCC technology significantly influence the Global MLCC for 5G Smartphones Market Industry. Manufacturers are focusing on enhancing the performance and miniaturization of MLCCs to meet the stringent requirements of 5G smartphones. These advancements include the development of high-capacitance MLCCs that can support the increased power demands of 5G applications. As a result, the market is expected to grow at a CAGR of 10.99% from 2025 to 2035, indicating a robust trajectory fueled by ongoing research and development efforts. This technological evolution not only improves device performance but also enables manufacturers to offer more compact and efficient designs.

The Global MLCC for 5G Smartphones Market Industry is also influenced by the heightened focus on energy efficiency among consumers and manufacturers alike. As environmental concerns gain prominence, there is a growing demand for smartphones that minimize energy consumption while maximizing performance. MLCCs play a pivotal role in achieving these objectives by enabling efficient power management and reducing energy waste in 5G devices. This trend aligns with global sustainability goals and is likely to drive innovation in MLCC design and application. As manufacturers strive to create energy-efficient smartphones, the demand for advanced MLCCs is expected to rise, further propelling market growth.

Government initiatives and regulatory support for 5G deployment play a crucial role in shaping the Global MLCC for 5G Smartphones Market Industry. Many countries are investing heavily in 5G infrastructure, which in turn drives the demand for 5G smartphones equipped with advanced MLCCs. Regulatory bodies are facilitating the rollout of 5G networks, creating an environment conducive to innovation and investment in related technologies. This supportive framework is likely to enhance the market dynamics, as manufacturers respond to the growing need for compliant and efficient components in their devices. Consequently, this trend is expected to bolster the demand for MLCCs in the coming years.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American MLCC for 5G smartphones market area will dominate this market. The market is being driven by several factors, including the increasing need from consumers for smooth and continuous connectivity, the development of the 5G network infrastructure, the increasing adoption of 5G technology in smartphones, the growing need for advanced technologies and high-speed connectivity, and the growing usage of internet-enabled applications and services.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: MLCC FOR 5G SMARTPHONES MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe MLCC for 5G smartphones market accounts for the second-largest market share. The European market is home to several major smartphone manufacturers, including Samsung, Nokia, and Sony, and 5G technology is also gaining traction there. Furthermore, the growth of MLCC technology, the market's ongoing expansion, and customers' increasing need for smartphones with better performance are expected to propel the 5G smartphone market in Europe. Further, the German MLCC for 5G smartphones market held the largest market share, and the UK MLCC for 5G smartphones market was the fastest growing market in the European region

The Asia-Pacific MLCC for 5G Smartphones Market is expected to grow at the fastest CAGR from 2023 to 2032 driven by the area's prominence in manufacturing, the broad usage of 5G technology, the substantial mobile device user population, and a dedication to technical innovation. Furthermore, the need for electronic components, such as MLCCs, has increased due to the rapid deployment and expansion of 5G networks in this region. These components are essential for meeting the sophisticated features and connectivity demands of 5G smartphones.

Moreover, China’s MLCC for 5G smartphones market held the largest market share, and the Indian MLCC for 5G smartphones market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the MLCC for 5G smartphones market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, MLCC for 5G smartphones industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global MLCC for 5G smartphones industry to benefit clients and increase the market sector. In recent years, the MLCC for 5G smartphones industry has offered some of the most significant advantages to medicine. Major players in the MLCC for 5G smartphones market are attempting to increase market demand by investing in research and development operations includes

Japanese corporation Murata Manufacturing Co., Ltd. was founded in 1944. It is renowned for producing cutting-edge electronic parts and solutions. Murata has been serving a variety of industries, including smartphones, and has a thorough understanding of the MLCC market. There is now a considerable demand for MLCCs in smartphones due to the introduction of 5G technology. Because of its vast production capacity and technological competence, Murata is well-positioned to take advantage of this demand. The past performance of the business demonstrates steady growth and effective market placement.

A South Korean business called Samsung Electro-Mechanics, a division of the Samsung Group, is focused on the creation and production of electronic components, particularly MLCCs. The business has a long history and is a reliable supplier to many global smartphone makers. In an effort to take advantage of the rising need for MLCCs in this industry, Samsung Electro-Mechanics has been aggressively concentrating on the 5G smartphone market. In recent years, the company has seen strong market growth and has considerably increased its market share.