DUBLIN, June 16, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Multi-layer Ceramic Capacitor Market 2016-2020" report to their offering.

The global MLCC market is forecast to grow at a CAGR of 2.79% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

A key trend influencing market growth is the miniaturization of electronic devices. The consumer electronics sector is the most prominent sector that drives the demand for miniaturized MLCCs. The demand not only pertains to the consumer electronics sector but also other sectors, such as military, industrial, and medical facilities, that require high reliability. This will drive the demand for robust, miniaturized MLCCs during the forecast period.

According to the report, a key growth driver is the need for highly improved MLCCs in LED lighting. LED lighting is gaining momentum globally due to the growing need for power conservation, efficient lighting, and advanced lighting features. Initially, ceramic capacitors were not favored by LED designers due to acoustic noise and flickering light. However, with advances in technology, vendors such as Murata are offering MLCCs with acoustic noise reduction and DC smoothing for LED applications. This has increased the integration of MLCCs in LED lighting.

Further, the report states that one challenge that could restrict market growth is flaws in the MLCC material functionalities. In certain conditions, a crack in the ceramic portion of an MLCC may cause difficulties. These difficulties result from mechanical harm caused by the soldering process to the printed circuit board, which normally occurs due to mishandling of the board or the exposure of the assembly unit to extreme environmental conditions.

Key vendors:

• Murata
• Samsung Electro-Mechanics
• TDK
• TAIYO YUDEN

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Industry overview

PART 05: Introduction

PART 06: Market landscape

PART 07: Market segmentation by application

PART 08: Geographical segmentation

PART 09: Key leading countries

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/7p4jqj/global

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SOURCE Research and Markets