Japan MLCC - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
The Japan MLCC Market size is estimated at 1.59 billion USD in 2024, and is expected to reach 4.41 billion USD by 2029, growing at a CAGR of 22.58% during the forecast period (2024-2029).
Rising demand for ADAS and other technologies is expected to increase demand for surface-mount MLCCs
Case size 0 201 held the largest market share of 35.01% in terms of volume in 2022 and is expected to generate a revenue of USD 53.43 million in 2029. Case size 1 005 is the fastest-growing segment with an expected CAGR of 24.35% (2022-2029).
The ongoing trend of miniaturization, coupled with the need for higher component density, drives the demand for these components. The increasing popularity of portable and connected devices further contributes to the demand for 0 201 MLCC components, enabling manufacturers to achieve compact designs without compromising performance.
The usage of 0 1005 MLCCs spans diverse applications, particularly in compact electronic devices such as smartphones, wearables, and IoT devices, enabling manufacturers to achieve sleek and compact designs without compromising performance. Japan’s smartwatch industry is growing as foreign companies are looking to strengthen their presence in the expanding market.
The compact 0 402 case size is widely adopted as a form factor for surface-mount ceramic capacitors. The automotive industry relies on 0 402 MLCCs for various applications, including engine control units, infotainment systems, advanced driver-assistance systems (ADAS), and lighting control. These capacitors provide reliable performance in harsh automotive environments. The rising demand for driver-assist functions has raised the role of technology in the Japanese auto manufacturing sector. For instance, Nissan and Hitachi Automotive Systems have partnered to provide Nissan vehicles with ADAS ECU and map position units, developing an opportunity for the MLCC market in the country.
Japan MLCC Market Trends
The demand for light commercial vehicles is fueled by the increase in e-commerce, the expansion of urban areas, and the development of infrastructure
The Japanese light truck market is witnessing moderate growth, following volatile performance in recent years. The country produced 83.95 thousand light commercial vehicles in 2019. These trucks are used in operations such as agriculture and construction. Due to the COVID-19 pandemic and the Russia-Ukraine war, the light commercial vehicle market witnessed a Y-o-Y drop of 16.93% in production. Moreover, Hybrid light commercial vehicles (LCV) are experiencing the most rapid growth in the Japanese market as a result of the combination of fossil fuel and electricity in modern technology.
The automotive industry remains a crucial component of Japan's economy, and companies like Toyota, Honda, Nissan, and Mitsubishi have gained worldwide recognition. This dominance extends to the commercial vehicle sector, with Isuzu, Hino, and Fuso being industry leaders. Japan is renowned for its technological expertise, leading to developments in fuel efficiency, vehicle safety, and the emergence of hybrid and electric systems as alternative energy sources.
While minerals and energy resources are essential for industries, autonomy offers the opportunity to remove people from harm's way and enhance safety. Along with sourcing critical minerals despite the ongoing challenge of labor shortages, autonomous light vehicles (ALV) provide additional safety measures at mine sites on which multiple pieces of equipment are operated to reduce accidents due to human error. In May 2023, Japan’s Komatsu Ltd and Toyota Motor Corporation announced the launch of a joint project to develop an autonomous light vehicle (ALV) that will run on Komatsu's Autonomous Haulage System (AHS).
Increasing EV subsidy schemes are increasing the demand for passenger vehicles
Japan is home to automotive manufacturers that supply their products and services globally. Toyota, Suzuki, Daihatsu, and Nissan are the domestic passenger vehicle brands in Japan. The country produced 8.32 million passenger vehicles in 2019.
Following the pandemic and a nationwide recession in Japan, production slumped and witnessed a Y-o-Y decline of 16.43%, while exports of Japanese-made cars halved in April and reached a low of about 168,000. In 2021, the economy of the nation began to recover, and sales of electric automobiles increased significantly by more than 50% annually in 2021 compared to 2020.
Japan's Green Growth Strategy aims to reach 100% electric car sales by 2035. The 2023 Act on the Rational Use of Energy tracks accelerates the targets set under the Strategy, helping the Japanese electric vehicle market grow. The country's demand for electric cars is increasing because of government support in the form of incentives and refunds. The government declared that it would treble the grants and incentives for buying electric automobiles. In 2022, Japan increased its EV subsidy scheme to fund USD 530 million, doubling the support for BEV purchases up to USD 6,500 and USD 4,200 for PHEVs.
To expand the number of electric vehicles sold in the nation, numerous companies are developing and releasing new products. In Japan, in May 2022, Toyota launched its new electric SUV, Bz4x, which has a battery capacity of 71.4 kWh. The transition to e-mobility is shifting and will continue to shift trade balances. Japan is a net exporter of electric cars, electric motors, and Li-ion batteries. The country is well-positioned to benefit from a growing electric car market, which produced 6.56 million passenger cars in 2022; it is expected to grow further in the future.
Japan MLCC Industry Overview
The Japan MLCC Market is fairly consolidated, with the top five companies occupying 76.37%. The major players in this market are Kyocera AVX Components Corporation (Kyocera Corporation), Murata Manufacturing Co., Ltd, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd and TDK Corporation (sorted alphabetically).
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
Rising demand for ADAS and other technologies is expected to increase demand for surface-mount MLCCs
Case size 0 201 held the largest market share of 35.01% in terms of volume in 2022 and is expected to generate a revenue of USD 53.43 million in 2029. Case size 1 005 is the fastest-growing segment with an expected CAGR of 24.35% (2022-2029).
The ongoing trend of miniaturization, coupled with the need for higher component density, drives the demand for these components. The increasing popularity of portable and connected devices further contributes to the demand for 0 201 MLCC components, enabling manufacturers to achieve compact designs without compromising performance.
The usage of 0 1005 MLCCs spans diverse applications, particularly in compact electronic devices such as smartphones, wearables, and IoT devices, enabling manufacturers to achieve sleek and compact designs without compromising performance. Japan’s smartwatch industry is growing as foreign companies are looking to strengthen their presence in the expanding market.
The compact 0 402 case size is widely adopted as a form factor for surface-mount ceramic capacitors. The automotive industry relies on 0 402 MLCCs for various applications, including engine control units, infotainment systems, advanced driver-assistance systems (ADAS), and lighting control. These capacitors provide reliable performance in harsh automotive environments. The rising demand for driver-assist functions has raised the role of technology in the Japanese auto manufacturing sector. For instance, Nissan and Hitachi Automotive Systems have partnered to provide Nissan vehicles with ADAS ECU and map position units, developing an opportunity for the MLCC market in the country.
Japan MLCC Market Trends
The demand for light commercial vehicles is fueled by the increase in e-commerce, the expansion of urban areas, and the development of infrastructure
The Japanese light truck market is witnessing moderate growth, following volatile performance in recent years. The country produced 83.95 thousand light commercial vehicles in 2019. These trucks are used in operations such as agriculture and construction. Due to the COVID-19 pandemic and the Russia-Ukraine war, the light commercial vehicle market witnessed a Y-o-Y drop of 16.93% in production. Moreover, Hybrid light commercial vehicles (LCV) are experiencing the most rapid growth in the Japanese market as a result of the combination of fossil fuel and electricity in modern technology.
The automotive industry remains a crucial component of Japan's economy, and companies like Toyota, Honda, Nissan, and Mitsubishi have gained worldwide recognition. This dominance extends to the commercial vehicle sector, with Isuzu, Hino, and Fuso being industry leaders. Japan is renowned for its technological expertise, leading to developments in fuel efficiency, vehicle safety, and the emergence of hybrid and electric systems as alternative energy sources.
While minerals and energy resources are essential for industries, autonomy offers the opportunity to remove people from harm's way and enhance safety. Along with sourcing critical minerals despite the ongoing challenge of labor shortages, autonomous light vehicles (ALV) provide additional safety measures at mine sites on which multiple pieces of equipment are operated to reduce accidents due to human error. In May 2023, Japan’s Komatsu Ltd and Toyota Motor Corporation announced the launch of a joint project to develop an autonomous light vehicle (ALV) that will run on Komatsu's Autonomous Haulage System (AHS).
Increasing EV subsidy schemes are increasing the demand for passenger vehicles
Japan is home to automotive manufacturers that supply their products and services globally. Toyota, Suzuki, Daihatsu, and Nissan are the domestic passenger vehicle brands in Japan. The country produced 8.32 million passenger vehicles in 2019.
Following the pandemic and a nationwide recession in Japan, production slumped and witnessed a Y-o-Y decline of 16.43%, while exports of Japanese-made cars halved in April and reached a low of about 168,000. In 2021, the economy of the nation began to recover, and sales of electric automobiles increased significantly by more than 50% annually in 2021 compared to 2020.
Japan's Green Growth Strategy aims to reach 100% electric car sales by 2035. The 2023 Act on the Rational Use of Energy tracks accelerates the targets set under the Strategy, helping the Japanese electric vehicle market grow. The country's demand for electric cars is increasing because of government support in the form of incentives and refunds. The government declared that it would treble the grants and incentives for buying electric automobiles. In 2022, Japan increased its EV subsidy scheme to fund USD 530 million, doubling the support for BEV purchases up to USD 6,500 and USD 4,200 for PHEVs.
To expand the number of electric vehicles sold in the nation, numerous companies are developing and releasing new products. In Japan, in May 2022, Toyota launched its new electric SUV, Bz4x, which has a battery capacity of 71.4 kWh. The transition to e-mobility is shifting and will continue to shift trade balances. Japan is a net exporter of electric cars, electric motors, and Li-ion batteries. The country is well-positioned to benefit from a growing electric car market, which produced 6.56 million passenger cars in 2022; it is expected to grow further in the future.
Japan MLCC Industry Overview
The Japan MLCC Market is fairly consolidated, with the top five companies occupying 76.37%. The major players in this market are Kyocera AVX Components Corporation (Kyocera Corporation), Murata Manufacturing Co., Ltd, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd and TDK Corporation (sorted alphabetically).
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 EXECUTIVE SUMMARY & KEY FINDINGS
2 REPORT OFFERS
3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology
4 KEY INDUSTRY TRENDS
4.1 Price Trend
4.1.1 Oil Price Trend
4.1.2 Silver Price Trend
4.2 Consumer Electronics Sales
4.2.1 Air Conditioner Sales
4.2.2 Desktop PC's Sales
4.2.3 Gaming Console Sales
4.2.4 Laptops Sales
4.2.5 Refrigerator Sales
4.2.6 Smartphones Sales
4.2.7 Storage Unit Sales
4.2.8 Tablets Sales
4.2.9 Television Sales
4.3 Automotive Production
4.3.1 Buses and Coaches Production
4.3.2 Heavy Trucks Production
4.3.3 Light Commercial Vehicles Production
4.3.4 Passenger Vehicles Production
4.3.5 Total Motor Production
4.4 Ev Production
4.4.1 BEV (Battery Electric Vehicle) Production
4.4.2 PHEV (Plug-in Hybrid Electric Vehicle) Production
4.5 Industrial Automation Sales
4.5.1 Industrial Robots Sales
4.5.2 Service Robots Sales
4.6 Regulatory Framework
4.7 Value Chain & Distribution Channel Analysis
5 MARKET SEGMENTATION (INCLUDES MARKET SIZE IN VALUE IN USD AND VOLUME, FORECASTS UP TO 2029 AND ANALYSIS OF GROWTH PROSPECTS)
5.1 Dielectric Type
5.1.1 Class
5.1.2 Class
5.2 Case Size
5.2.1 0
5.2.2 0
5.2.3 0
5.2.4 1
5.2.5 1
5.2.6 Others
5.3 Voltage
5.3.1 500V to 1000V
5.3.2 Less than 500V
5.3.3 More than 1000V
5.4 Capacitance
5.4.1 100µF to 1000µF
5.4.2 Less than 100µF
5.4.3 More than 1000µF
5.5 Mlcc Mounting Type
5.5.1 Metal Cap
5.5.2 Radial Lead
5.5.3 Surface Mount
5.6 End User
5.6.1 Aerospace and Defence
5.6.2 Automotive
5.6.3 Consumer Electronics
5.6.4 Industrial
5.6.5 Medical Devices
5.6.6 Power and Utilities
5.6.7 Telecommunication
5.6.8 Others
6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Kyocera AVX Components Corporation (Kyocera Corporation)
6.4.2 Maruwa Co ltd
6.4.3 Murata Manufacturing Co., Ltd
6.4.4 Nippon Chemi-Con Corporation
6.4.5 Samsung Electro-Mechanics
6.4.6 Taiyo Yuden Co., Ltd
6.4.7 TDK Corporation
6.4.8 Vishay Intertechnology Inc.
6.4.9 Walsin Technology Corporation
6.4.10 Wьrth Elektronik GmbH & Co. KG
6.4.11 Yageo Corporation
7 KEY STRATEGIC QUESTIONS FOR MLCC CEOS
8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter’s Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms
2 REPORT OFFERS
3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology
4 KEY INDUSTRY TRENDS
4.1 Price Trend
4.1.1 Oil Price Trend
4.1.2 Silver Price Trend
4.2 Consumer Electronics Sales
4.2.1 Air Conditioner Sales
4.2.2 Desktop PC's Sales
4.2.3 Gaming Console Sales
4.2.4 Laptops Sales
4.2.5 Refrigerator Sales
4.2.6 Smartphones Sales
4.2.7 Storage Unit Sales
4.2.8 Tablets Sales
4.2.9 Television Sales
4.3 Automotive Production
4.3.1 Buses and Coaches Production
4.3.2 Heavy Trucks Production
4.3.3 Light Commercial Vehicles Production
4.3.4 Passenger Vehicles Production
4.3.5 Total Motor Production
4.4 Ev Production
4.4.1 BEV (Battery Electric Vehicle) Production
4.4.2 PHEV (Plug-in Hybrid Electric Vehicle) Production
4.5 Industrial Automation Sales
4.5.1 Industrial Robots Sales
4.5.2 Service Robots Sales
4.6 Regulatory Framework
4.7 Value Chain & Distribution Channel Analysis
5 MARKET SEGMENTATION (INCLUDES MARKET SIZE IN VALUE IN USD AND VOLUME, FORECASTS UP TO 2029 AND ANALYSIS OF GROWTH PROSPECTS)
5.1 Dielectric Type
5.1.1 Class
5.1.2 Class
5.2 Case Size
5.2.1 0
5.2.2 0
5.2.3 0
5.2.4 1
5.2.5 1
5.2.6 Others
5.3 Voltage
5.3.1 500V to 1000V
5.3.2 Less than 500V
5.3.3 More than 1000V
5.4 Capacitance
5.4.1 100µF to 1000µF
5.4.2 Less than 100µF
5.4.3 More than 1000µF
5.5 Mlcc Mounting Type
5.5.1 Metal Cap
5.5.2 Radial Lead
5.5.3 Surface Mount
5.6 End User
5.6.1 Aerospace and Defence
5.6.2 Automotive
5.6.3 Consumer Electronics
5.6.4 Industrial
5.6.5 Medical Devices
5.6.6 Power and Utilities
5.6.7 Telecommunication
5.6.8 Others
6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Kyocera AVX Components Corporation (Kyocera Corporation)
6.4.2 Maruwa Co ltd
6.4.3 Murata Manufacturing Co., Ltd
6.4.4 Nippon Chemi-Con Corporation
6.4.5 Samsung Electro-Mechanics
6.4.6 Taiyo Yuden Co., Ltd
6.4.7 TDK Corporation
6.4.8 Vishay Intertechnology Inc.
6.4.9 Walsin Technology Corporation
6.4.10 Wьrth Elektronik GmbH & Co. KG
6.4.11 Yageo Corporation
7 KEY STRATEGIC QUESTIONS FOR MLCC CEOS
8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter’s Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms
