United Kingdom MLCC Market Size, Share, and COVID-19 Impact Analysis, By Dielectric Type (Class 1 and Class 2), By Voltage (Less Than 500V, 500V to 1000V, and More Than 1000V), and United Kingdom MLCC Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom MLCC Market Insights Forecasts to 2035

• The United Kingdom MLCC Market Size Was Estimated at USD 1.15 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.63% from 2025 to 2035
• The United Kingdom MLCC Market Size is Expected to Reach USD 2.10 Billion by 2035

According to a research report published by Spherical Insights & Consulting, The United Kingdom MLCC Market Size is Anticipated to reach USD 2.10 Billion By 2035, Growing at a CAGR of 5.63% from 2025 to 2035. The increasing demand for 5G infrastructure, electric cars, and consumer devices. Improvements in circuit density and downsizing further increase use in industrial, telecom, and automotive applications.

Market Overview

The United Kingdom MLCC market refers to the industry focused on the manufacturing, marketing, and usage of multilayer ceramic capacitors in a range of industries, including industrial equipment, consumer electronics, automotive, and telecommunications. Growing demand for high-performance, small electronics in combination with the UK's increasing use of smart gadgets and electric cars is driving the industry. The rapid adoption of 5G technology, electric cars, and sophisticated consumer devices. The need for tiny, high-capacitance MLCCs is increased by the drive for smaller, more energy-efficient electronics. Industrial and automotive applications are also fueled by government assistance for renewable energy and digital transformation projects. The emergence of wearable technology, smart homes, and the Internet of Things also opens up opportunities for MLCC integration, providing suppliers and manufacturers with development prospects through innovation, personalization, and entry into new electronic applications. The demand for high-capacitance, compact parts for 5G devices and electric cars. High-voltage MLCCs for EV on-board chargers and materials with improved thermal stability are examples of advancements that satisfy the changing demands of the telecom and automotive industries.

Report Coverage

This research report categorizes the market for the United Kingdom MLCC market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom MLCC market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom MLCC market.

Driving Factors

The increasing need for small and effective electronic parts in industries like consumer electronics, telecommunications, and automobiles.  High-performance MLCCs are necessary to enable advanced driver-assistance systems (ADAS) and battery management systems in light of the growing popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs). The market is growing as a result of increased investments in medical electronics, aircraft, and industrial automation. The need for dependable, high-capacitance MLCCs is further increased by continuing technical developments and the move toward renewable energy sources.

Restraining Factors

The limited supply of raw materials, especially rare earth elements, and the intricate, highly precise manufacturing process. Furthermore, supply chain interruptions, pricing volatility, and fierce international rivalry might impede steady production and availability, which can impact market stability and expansion prospects.

Market Segmentation

The United Kingdom MLCC market share is classified into dielectric type and voltage.

• The class 1 segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom MLCC market is segmented by dielectric type into class 1 and class 2. Among these, the class 1 segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth can be attributed because of their exceptional thermal stability, low loss properties, and accurate performance, which render them appropriate for crucial uses in high-frequency telecommunications infrastructure, medical devices, vehicle safety systems, and aerospace electronics.

• The less than 500v segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom MLCC market is segmented by voltage into less than 500v, 500v to 1000v, and more than 1000v. Among these, the less than 500v segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of its wide application in telecom devices, mobile phones, tablets, and car entertainment systems.  Compact, low-voltage components are necessary for these applications to operate efficiently, providing the need for inadequate, high-capacitance solutions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom MLCC market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Murata Manufacturing Co Ltd
• Samsung Electro-Mechanics
• Samwha Capacitor Group
• Taiyo Yuden Co Ltd
• Yageo Corporation
• Others.

Recent Developments:

• In May 2023, Murata launched the EVA series of MLCCs, targeting electric vehicle applications. These capacitors are versatile, suitable for use in on-board chargers (OBC), inverters, DC/DC converters, battery management systems (BMS), and wireless power transfer (WPT) implementations. They are designed to meet the increased isolation requirements of 800V powertrain systems while supporting the miniaturization needs of modern automotive designs.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom MLCC market based on the below-mentioned segments

United Kingdom MLCC Market, By Dielectric Type

• Class 1
• Class 2

United Kingdom MLCC Market, By Voltage

• Less Than 500V
• 500V To 1000V
• More Than 1000V