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China MLCC market: Slow growth in future years due to economic slowdown

Press Release   •   Jul 03, 2013 09:15 BST

The China MLCC market (Multi-layer Ceramic Capacitor) grew from an estimated value of RMB 13.9 billion in 2007 to a value of RMB 22.01 billion in 2011. This meant that the industry had grown at a CAGR of 12.1% between 2007 and 2011. Due to a number of factors, including the economic slowdown, falling exports and falling prices, the China MLCC market witnessed a slowdown in sales. The industry is currently valued at around RMB 22.7 billion and grew at a CAGR of 3.1% between 2011 and 2012. The next 2-3 years are expected to yield a similar low growth rate in this industry.

The demand for MLCC is mainly generated by mobile phones, computers, televisions and other consumer electronics. In 2012, 215.4 billion MLCCs were needed in the mobile phone field; in 2015, the demand is expected to reach 278.98 billion ones. In the computer field, 202.8 billion MLCCs were required in 2012, and 233.7 billion ones will be demanded in 2015. The demand for MLCC totaled 86 billion in 2012 and will amount to 89.51 billion in 2015.

As of 2012, there had been over ten MLCC manufacturers in Mainland China, including local enterprises Fenghua Advanced Technology, Shenzhen Eyang and Chaozhou Three-Circle; Japanese companies Murata, Kyocera and TDK; South Korean corporations Samsung Electro-Mechanics and Samwha; Taiwanese counterparts Walsin and YAGEO.

For more information on the China MLCC market, please click here: China MLCC market

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