Automotive MLCC Market by EV Application, Voltage Range, Vehicle Type, Dielectric Type, Type, Application (Powertrain, Steering System, Infotainment, Lighting, Body Control Module and ADAS & Safety) and Region - Global Forecast to 2027
Automotive Multilayer Ceramic Capacitor (MLCC) is widely used in on-board electrical and electronic circuits. These are not only used in automotive industry but all applications where reliability is priority. They are essential components that are responsible for smooth execution of the various electrical and electronic circuits utilized in cars. High voltage MLCCs are used in onboard inverter, onboard AC/DC Convertor, BMS circuits and onboard charger in a BEV. They are made of alternating layers of metallic electrodes and dielectric ceramic. Additionally, automotive MLCCs must offer a small size and high capacitance like those found in smartphones. MLCC integrated in automotives are linked to a higher degree of quality and are entirely different from the MLCCs used in consumer electronics.
The global automotive MLCC market size is expected to grow from USD xx million in 2022 to USD xx million in 2027, at a CAGR of xx%. The increase in integration of electronic devices in automobiles, such as engines, powertrains and infotainment systems, is accelerating the demand for automotive MLCC.
Drivers: Increase in use of MLCC in BEV vehicles is expected to drive the market
According to world’s largest MLCC manufacturers Murata and Taiyo Yuden, Tesla Model S and Model X both have over 10,000 MLCCs, whereas the Tesla Model 3 has over 9,000 MLCCs. By 2025, this number is anticipated to rise to an average of 16,000 MLCC per BEV. Modern EVs, HEVs, and PHEVs are bringing a revolution in capacitor technology targeting subsystem electronics. On the other hand, in ICE vehicles, around 3,000-5,000 MLCCs are present. The use of ceramic MLCCs in EV subsystems is growing because traditional plastic film capacitors are no longer appropriate for all applications due to the increased temperatures inside the control circuits. The advancement in EVs is also increasing the complimenting the development of self-driving cars. Subsequently, integration of MLCC will increase with integration of ADAS system in EVs.
Opportunities: Integration of IoT, AI and cloud in automobiles is offering growth opportunities for MLCC
The integration of IoT and AI require more advanced electrical and electronic systems which is likely to increase technical requirements of MLCCs. The demand for miniature, high capacitance and low inductance MLCC will increase in the coming future as these MLCC are suitable for integration in automation and connectivity. Electronic control units (ECUs) are increasingly needed to meet the demands of automation and connectivity in vehicles. As a result, automobile manufacturers must fit more components into a given space. Accordingly, the demand for compact capacitors with high capacitance values is the main trend in the automobile industry. This is likely to drive Automotive MLCC market in near future.
Challenge: Increasing prices of Palladium and Nickel due to uncertainties in global situation is expected to impact the growth of market
Palladium and Nickel are both obtained in significant quantities from a single mining operation in Siberia, tensions in eastern Europe have influenced their prices. In MLCC electrodes, palladium and nickel are utilised. All printed circuit boards use MLCCs, which are the workhorse of the passive components sector. Consumer and business electronic sub-assemblies use MLCCs with nickel electrodes, whereas high reliability electronics use MLCCs with palladium electrodes. Given that nickel and palladium are main components for manufacturing of Automotive MLCC, the high cost of these metals are affecting the market, In March 2022 nickel jumped a whopping 90% to over $55,000 per metric ton now with sudden spike in their prices is expected to impact the market growth.
Key Players
Murata (Japan), Samsung Electro (South Korea), TDK Corporation (Japan), Kyocera (Japan), Taiyo Yuden (Japan), Darfon Electronics (Taiwan), Holystone (Taiwan), Yageo Corporation (Taiwan), Walsin (Taiwan), Kemet (US), Vishay (US), JDI (Japan). These companies adopted new product launches, partnership, and supply contracts to gain traction in the automotive MLCC market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 SECONDARY DATA
2.2 PRIMARY DATA
2.3 FACTOR ANALYSIS
2.3.1 INTRODUCTION
2.3.2 DEMAND SIDE ANALYSIS
2.3.3 SUPPLY SIDE ANALYSIS
2.4 MARKET SIZE ESTIMATION
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
2.6 ASSUMPTIONS
2.7 RISK ASSESSMENT & RANGES
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
5.2.5 IMPACT OF MARKET DYNAMICS
5.3 TECHNOLOGY ANALYSIS
5.4 PRICING ANALYSIS
5.6 PORTER’S FIVE FORCES MODEL
5.7 CASE STUDY ANALYSIS
5.8 ECOSYSTEM ANALYSIS
5.9 SUPPLY CHAIN ANALYSIS
5.10 PATENT ANALYSIS
5.11 REGULATORY LANDSCAPE
5.11.1 LIST OF REGULATORY BODIES, ORGANIZATIONS AND ASSOCIATIONS
5.12 BUYING CRITERIA AND KEY STAKEHOLDERS
5.12.1 BUYING CRITERIA
5.12.2 STAKEHOLDERS IN BUYING PROCESS
5.13 TRENDS & DISRUPTIONS IMPACTING THE MARKET
5.14 AUTOMOTIVE MLCC MARKET: SCENARIOS (2022-2027)
5.14.1 MOST LIKELY SCENARIO
5.14.2 OPTIMISTIC SCENARIO
5.14.3 PESSIMISTIC SCENARIO
7 AUTOMOTIVE MLCC MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 OPERATIONAL DATA
7.3 RESEARCH METHODOLOGY
7.4 ASSUMPTIONS
7.5 POWERTRAIN
7.5.1 ENGINE CONTROL MODULE
7.5.2 TRANSMISSION
7.5.3 MOTORS
7.5.4 BRAKE CONTROL MODULE
7.5.5 FUEL INJECTION
7.6 STEERING SYSTEM
7.7 INFOTAINMENT
7.7.1 NAVIGATION SYSTEM
7.7.2 VEHICLE AUDIO
7.8 LIGHTING
7.9 BODY CONTROL MODULE
7.1 ADAS & SAFETY
8 AUTOMOTIVE MLCC MARKET, BY EV APPLICATION
8.1 INTRODUCTION
8.2 OPERATIONAL DATA
8.3 RESEARCH METHODOLOGY
8.4 ASSUMPTIONS
8.5 CHARGER
8.6 BATTERY MANAGEMENT SYSTEM
8.7 COMPRESSORS
8.8 INVERTER
8.9 CONVERTER
9 AUTOMOTIVE MLCC MARKET, BY VOLTAGE RANGE
9.1 INTRODUCTION
9.2 OPERATIONAL DATA
9.3 RESEARCH METHODOLOGY
9.4 LOW RANGE (UP TO 50V)
9.5 MID RANGE (100 TO 630V)
9.6 HIGH RANGE (1000V AND ABOVE)
*MNM will provide regional level market in terms of volume (units)
10 AUTOMOTIVE MLCC MARKET, BY DIELECTRIC TYPE
10.1 INTRODUCTION
10.2 OPERATIONAL DATA
10.3 RESEARCH METHODOLOGY
10.4 X8R
10.5 X7R
10.6 X5R
10.7 C0G
10.8 OTHERS
*MNM will provide regional level market in terms of volume (units)
11 AUTOMOTIVE MLCC MARKET, BY TYPE
11.1 INTRODUCTION
11.2 OPERATIONAL DATA
11.3 RESEARCH METHODOLOGY
11.4 GENERAL CAPACITOR
11.5 SERIAL DESIGN
11.6 ARRAY
11.7 MEGA CAP
11.8 OTHERS
*MNM will provide regional level market in terms of volume (units)
12 AUTOMOTIVE MLCC MARKET, BY VEHICLE TYPE
12.1 INTRODUCTION
12.2 OPERATIONAL DATA
12.3 RESEARCH METHODOLOGY
12.4 PASSENGER CARS
12.5 COMMERCIAL VEHICLES
*MNM will provide country-level market in terms of volume (units) and value (USD million)
13 AUTOMOTIVE MLCC MARKET, BY REGION
13.1 INTRODUCTION
13.2 EUROPE AUTOMOTIVE MLCC MARKET, BY COUNTRY
13.2.1 GERMANY
13.2.2 FRANCE
13.2.3 U.K.
13.2.4 SPAIN
13.2.5 ITALY
13.2.6 REST OF EUROPE
13.3 NORTH AMERICA AUTOMOTIVE MLCC MARKET, BY COUNTRY
13.3.1 U.S.
13.3.2 MEXICO
13.3.3 CANADA
13.4 ASIA-PACIFIC AUTOMOTIVE MLCC MARKET, BY COUNTRY
13.4.1 CHINA
13.4.2 JAPAN
13.4.3 INDIA
13.4.4 SOUTH KOREA
13.4.5 REST OF ASIA PACIFIC
13.5 REST OF THE WORLD AUTOMOTIVE MLCC MARKET, BY COUNTRY
13.5.1 BRAZIL
13.5.2 SOUTH AFRICA
13.5.3 REST OF ROW
*MNM will provide country-level market in terms of volume (units) and value (USD million); country-level segmentation will be provided only for vehicle type segment
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 MARKET SHARE AND MARKET RANKING ANALYSIS
14.3 COMPANY EVALUATION QUADRANT
14.3.1 STARS
14.3.2 EMERGING LEADERS
14.3.3 PERVASIVE PLAYERS
14.3.4 PARTICIPANTS
14.4 COMPETITIVE SCENARIO
14.4.1 NEW PRODUCT DEVELOPMENTS
14.4.2 ACQUISITIONS
14.4.3 JOINT VENTURES AND AGREEMENTS
14.4.4 EXPANSIONS
14.5 SME/STARTUP MATRIX
14.6 RIGHT TO WIN
15 COMPANY PROFILES
(Company overview, Strength of product portfolio, Product offerings, Business strategy excellence, Recent developments) *
15.1 MURATA
15.2 SAMSUNG ELECTRO-MECHANICS
15.3 TAIYO YUDEN
15.4 YAGEO
15.5 TDK CORPORATION
15.6 AVX CORPORATION (KYOCERA GROUP)
15.7 VISHAY INTERTECHNOLOGY, INC.
15.8 NIC COMPONENTS
15.9 HOLYSTONE
15.10 EYANG
15.11 WALSIN
15.12 NIPPON CHEMI-CON
*Details on Company overview, Strength of product portfolio, Product offerings, Business strategy excellence, Recent developments might not be captured in case of unlisted companies.
16 APPENDIX
Growth opportunities and latent adjacency in Automotive MLCC Market