PUBLISHER: KBV Research | PRODUCT CODE: 1683035
PUBLISHER: KBV Research | PRODUCT CODE: 1683035
The Latin America, Middle East and Africa Multi-Layer Ceramic Capacitor Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Multi-layer Ceramic Capacitor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $316.2 million by 2031. The Argentina market is showcasing a CAGR of 8.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.8% during (2024 - 2031).
The IEEE provides capacitor standards, including Multilayer Ceramic Capacitors (MLCCs). Notably, IEEE 1720-2012 offers guidelines for capacitor banks in power systems, encompassing design, application, protection, and safety considerations. Additionally, IEEE 367-1996 addresses the effects of short-circuit currents on capacitors, which is essential for understanding MLCC behaviour under fault conditions.
Moreover, beyond IEEE, the International Electrotechnical Commission (IEC) has established standards directly applicable to MLCCs. IEC 60384-1 serves as the generic specification for fixed capacitors used in electronic equipment. Specifically, IEC 60384-21 and IEC 60384-22 focus on fixed surface mount multilayer ceramic capacitors of Class 1 and Class 2, respectively, detailing performance requirements and testing methods. These standards ensure that MLCCs meet specific quality and reliability criteria, facilitating their appropriate application across various electronic devices.
South Africa's electrotechnical industry, which manufactures over R90 billion worth of equipment annually, is crucial in driving demand for MLCCs. Given that the electronics sector contributes 4% to the country's total manufacturing output, the steady production of electrical components, consumer electronics, and industrial automation equipment significantly fuels the demand for MLCCs. These capacitors are essential in various applications, including power management, filtering, and signal processing. The increasing local production of electronic devices also supports supply chain localization, reducing dependence on imports and fostering a stronger domestic MLCC demand. Furthermore, South Africa's involvement in renewable energy projects, smart grids, and telecommunications infrastructure will likely accelerate the adoption of MLCCs in power electronics and IoT-enabled devices.
Based on Rated Voltage Range, the market is segmented into Low Range (Up to 50 V), Mid-range (100 V - 630 V), and High Range (1,000 V & above). Based on Case Size, the market is segmented into 603-1,206 Inches, Less than 603 Inches, and More than 1,206 Inches. Based on Type, the market is segmented into General Capacitor, Array, Serial Construction, Mega Cap, and Other Type. Based on Dielectric Type, the market is segmented into X7R, X5R, C0G, Y5V, and Other Dielectric Type. Based on End-use, the market is segmented into Electronics, Automotive, Industrial, Telecommunication, Data Transmission, and Other End-use. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Multi-Layer Ceramic Capacitor Market Report Segmentation
By Rated Voltage Range
By Case Size
By Type
By Dielectric Type
By End-use
By Country